#venetian #northscottsdale #scottsdale #whypayrent #scottsdalecondos #scottsdaleliving #scottsdaleranch
Renters: Why are you paying rent? The affordability of living and owning in the Scottsdale Ranch area of North Scottsdale has become more affordable. If you are a renter only needs a larger place, looking to build equity, Venetian II Condominium Homes is the place to be. Why live close by, pay rent, plus tax and other hidden monthly expenses and never get that money back?
Here’s an Example based on my finding:
Venetian II Condominium Homes:
A 2 Bedroom home, 2 bath, roughly 1,076 Square feet with a garage and gated community could be available to buy for $189,900. Conventional Loan 4.5% financing, 5% Down Payment, including annual real estate taxes of $880, and annual insurance of $960. You would pay roughly $1,063 a month on your mortgage. In addition, you have tax incentives and you build equity.
*** Pay $224 in HOA monthly dues and they include pool, playground, community laundry, exterior maintenance of the unit, roof repair, roof replacement, blanket insurance policy, water, sewer; trash collection, and common area maintenance. ***
Pay $1,287 a month on the mortgage and HOA Dues!
Rental 1/4 Mile East:
A 2 Bedroom home, 2 bath, roughly 1,020 Square feet available for average rent, carport only, and no gated security for approximately $1,375 a month. Sales tax added, and possible added monthly unwanted costs (valet trash) that you can not opt out of. You pay your own insurance. You have no tax incentives, & no equity to build.
Pay $1,375 a month, Plus hidden Fees for that smaller unit, no garage, no security gate.
In 5 Years in owning, you have built $14,160 in equity!
In 5 Years in renting, you have built no equity for your future.
Do you get the drift? Never let landlords hold you hostage with the rent you’re never able to negotiate with, those hidden fees, and them controlling you with your invested and hard earned money. Call me at (480)485-6300 and we’ll get you pre-approved with a qualified lender, and we’ll begin your two bedroom condo home search today!