Contributed By: MortgageFit Community
Grayhawk Scottsdale is known as one of the best places to buy a homes for vacation home owners or real estate investors. There is a huge price range of homes available in Grayhawk. Condos range from the low $100’s to the $600’s. Homes range from the $300’s to the low millions. The prices of homes have dropped dramatically.
If you are deciding what you can afford, talk to your lender regarding the mortgage loans that you’ll be taking out to purchase a home. The national mortgage rate for a 30-year mortgage is 4.95% and the 15-year mortgage rate is 4.15%. The jumbo mortgage loan for a 30-year mortgage is 5.55% and that for the 15-year mortgage is 4.83%. Mortgage rate calculators can also help you determine your mortgage payments.
There are quite a few foreclosures in Grayhawk in every price range. There have been small condos and million dollar golf estates that were foreclosed in Grayhawk. Regardless of your price range, you may find a great foreclosure deal in Grayhawk. If you are looking for the best foreclosed properties at reasonable prices, you can find them here.
Carmen Brodeur JD
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260
Cell (602) 791-0536