Watching the real estate market in the master-planned community of Rancho Sahuarita, there are many relatively new homes in Rancho Sahuarita that have been foreclosed upon, (Bank Owned, REO) that have sold for very low prices. There are still deals to be had. With foreclosures (foreclosed. bank owned, REO) homes in Rancho Sahuarita at these prices, it is incredible to see how affordable Rancho Sahuarita can be, not only for those willing to do some work and put a little money into their new home, but also for those wanting a home that is move in ready.
Currently there are dozens of foreclosed, bank owned, reo homes available for sale in Rancho Sahuarita and for the most part, many are in pretty good condition. Furthermore a lot of these relatively new homes are STILL UNDER BUILDER WARRANTY. Rancho Sahuarita had a lot of new construction, overbuilding and rampant speculation occur before the bubble burst.
For anyone that has not been to Rancho Sahuarita and has not seen the water park, lake, fitness center, clubhouse, and all the other amenities Rancho Sahuarita offers; you should take a trip. Call me and I'd be happy to give you the tour! It is the best master-planned community in Southern Arizona.
Like anything, there are what some consider downsides (i.e. some homes are close together and if the people living in your home are not going to be using all the facilities, the HOA fees can be on the high side [$75/mo for most communities]. Additionally, there is the community enhancement fee which costs 1% of the gross sales price of your home when you sell). However if you do take advantage of the facilities even in a small way, the price for value is a real bargain.
Either way it should be noted that currently in Rancho Sahuarita; foreclosures, bank owned and REO homes, can be picked up for bargain prices. We cannot assume prices are going to stay this low forever! Sahuarita, the town which Rancho Sahuarita lies within (zip code 85629), has an absorption rate of 6.3 months which indicates a decently healthy marketplace.
If you are looking to make a purchase of a home in Rancho Sahuarita, let me know. I have lived here over 6 years and specialize in this community. Additionally, I have represented hundreds of clients in home purchases within Rancho Sahuarita alone. Call me and I'd be happy to show you around!
Also, if you'd like to know what is available in this area... Just let me know!
Call or email Vicki L. Watson (520) 519-4375 (520) 204-3474 Vicki@VickiSellsArizona.com
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