Quote:
Originally Posted by lewdog
I forget, have you lived here before?
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From 1996 until 2001 I spent an enormous amount of time in Scottsdale and was contracted to buy that new house in 1998 in Pinnacle Canyon at the Troon North Golf Course. Put up $25,000 had mortgage approval, had pool designed, had house moved on pie shaped lot to maximize one side and then 20 days before construction began the market crashed. Then our company's funding dried up and the rest was history. The market in Scottsdale was so strong that the builder refunded 100% of my deposit and resold the place for an extra 40K.
I know the Scottsdale real estate market as good as anyone. Look at it every day for last 17 years.
My house there went from $284,000 to $715,000 in 3 1/2 years AFTER I turned it back.
Bad timing for sure.
