618 N. Iron Wood, Mescal Lakes, Benson, AZ
Just reduced $13,600, this 1575 sq ft site built home on 0.26 acres in Mescal Lakes area of Benson, Cochise County is move-in ready. 3 bed/2 baths, split bedroom plan, great room and 2 car garage. $122,400.
For additional information, photos and property condition report click on “Featured Properties” tab or
here.
Resource: HUD
Cost of living in Cochise County is 2.4 percent below the national average and 1.9 percent below that of Phoenix.
Resource: WillcoxRangeNews.com
Opposition is building to private transfer fees. We first posted on this subject on August 15 (
“Private Transfer Fees.”)
To quote from an
article in REALTOR®Mag;
Freehold Capital Partners, which has developed the program, says it has enlisted thousands of developers nationwide. It argues that this is good for the economy because it will provide builders with more capital.
Seems to me if the builders need more capital, they either raise the price of the homes they are selling or go get a loan. This does nothing for the home buyer and it presumes that the builder will be around for 99 years.
I want to point out that the summer edition of the
Is now available on line. The Indicator covers economic happenings in Cochise County and is published quarterly by the Cochise College
Center for Economic Research. You can access the Indicator by clicking the logo above or in the right sidebar.
This summer edition has a fact filled article on the Cochise County housing market using data from both the Tucson and Sierra Vista MLS.
Resource: Center for Economic Research
Analysts at Moody’s Analytics say that the possibility of double-dip recession and another 20 percent decline in home prices has risen to about 25 percent.
25 percent is still terrible odds.
Private transfer fees are onerous fees that encumber a title and are placed on a property by a seller, usually the builder.
What happens is that each time the property is sold, a fee is paid to the person or entity that created the encumbrance. These can last for up to 99 years.
(more…)
Not many people are aware that Habitat for Humanity operates
resale stores. If you plan to renovate a room in your home you may want to check their store for materials, They sell both reclaimed materials as well as surplus (new) items. In addition to building materials they also have home furnishings and appliances. Habitat for Humanity stores are in many metropolitan cities. In Cochise County there is a store in Sierra Vista as well as one in Tucson.
Another source for surplus and reclaimed materials is
DiggersList.com. Clicking the link will take you to DiggersList.com’s Tucson site. DiggersList is a web site for the DIY enthusiast that posts materials and services for sale, DIY tips and videos and lets you post ads to sell surplus materials or request help.
Resource: Habit for Humanity & DiggersList.com
Lowe’s Cos. agreed to a settlement over defective drywall. The settlement calls for Lowe’s to distribute $6.5 million in gift cards and pay up to $2.2 million in attorneys’ fees.
While the issue of “Chinese drywall” has been plaguing homeowners for a few years, Lowe’s says it did not supply drywall from China and admits no wrongdoing.
Click the REALTOR®Mag link below for more information.
Perhaps this will be our last post regarding “Chinese drywall.”
Here’s a list of the happiest countries in the world, according to a recently released Gallup Poll based on data collected between 2005 and 2009. Survey participants were asked to rate their overall satisfaction with their lives and how they had felt the previous day (to gauge their happiness in daily activities).
| 1 |
Denmark |
| 2 |
Finland |
| 3 |
Norway |
| 4 |
Sweden |
| 5 |
Netherlands |
| 14 |
United States |
| 17 |
United Kingdom |
| 44 |
France |
| 81 |
Japan |
| 125 |
China |
Does this list surprise you?
Resource: Wilde Wealth Management Group, Inc.
