Condo conversions are becomming a hot new trend in the Phoenix Metropolitan area.
What exactly is a condo conversion? A condo conversion is the conversion of an existing apartment complex to individually owned condos. This trend is giving first time buyers and investors a great opportunity to purchase property that is still affordable.
Why buy a condo conversion? The price of these units is still very affordable and this will allow first time buyers the chance to own real estate is a rapidly appreciating city. Investors buy these units and rent them out either on a monthly basis or as a vacation rental from about October to March/April Phoenix has a lot of visitors, many of which need a place to rent and many will pay top dollar for a nice furnished place. There are many other reasons which one works best for you?
How do I get in on one of these opportunites? Contact me directly for more details and to get pre-qualified contact Perry Darling, he has a many great loan programs to suit your financial needs.
This information is being updated weekly please email me for the most up to date information