Find Your North Scottsdale Home - Get "Lucky" In Real Estate - Lisa and Matt Lucky
Woodside Homes at McDowell Mountain Homes For Sale
Discovery Trails, by Woodside Homes, has 139 homes that range from 1,088 to 2232 square feet. Located close to pool, spa, tennis courts and other amenities. Community schools and public library are also located nearby.
Discovery Canyon in McDowell Mountain Ranch, by Woodside Homes, has 6 floor plans of one and two story homes ranging from 1480 to 2255 livable square feet. This subdivision is within walking distance to Desert Canyon School Campus, Scottsdale Arabian Library, and the McDowell Mountain Ranch Park and Aquatic Center.
Panorama Point, by Woodside Homes, has homes ranging from 1542 to 2711 square feet. The community pool, spa, tennis courts, community center, schools and public library are all within walking distance using the trail system. Panoramic mountain and city views give this community its name.
Here is a list of definitions often used to describe Distressed Properties.
Definitions
Short Sale
The "short" in short sale actually refers to the fact that the payoff amount agreed to in the transaction is "shorter" than the mortgage balance on the property. Simply put, there is more owed on the home than it will sell for.
Pre-Foreclosure
The owner is attempting to sell the property during the pre-foreclosure period, before the foreclosure can be completed. The term pre-foreclosure or preforeclosure is that period between when the lender files a foreclosure notice of default in the public records (Lis Pendens) and the date the property is to be sold at public auction or trustee's sale. Often lenders are taking back properties instead of holding the public auction or trustee's sale.
Lender Owned
Lender owned is just what it sounds like. Also called REO, which means real estate owned, or bank owned.
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Russ Lyon - Since 1947 - Our name is synonymous with fine properties. Lisa & Matt Lucky - Enjoying the North Scottsdale Lifestyle since 1997. North Scottsdale Relocation Specialist.
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