category archive listing Category Archives: Tempe

Cash is KING with These Condos

For the majority of the thirteen years that I have been a real estate agent, ‘cash’ buyers got no better concessions than a typical buyer who was getting a loan.  After all, in a normal market a pre-qualified/pre-approved borrower, working with a good lender, was ALMOST as good a risk as a buyer claiming to have [...]

Lake Front Condo for $390,000!

I just learned that a two bedroom, decked out, Edgewater at Hayden Ferry Lakeside condo with over 1600 square feet will be hitting the market at $390,000 very soon (no it’s not on the ground floor).  I’m not saying it’s a steal as it’s very tough to determine “market value” in today’s kooky real estate market but [...]

Brownstone Living in Tempe for $1600

 Fantastic three story brownstone style town house walking distance from Tempe Mill Avenue District. Upgraded, clean and gorgeous. Currently 1 bedroom+den w/2.5 baths (owner will convert to 2 bedroom for accepted lease) and three addl living areas (living room, OFFICE and a BONUS room plus a one car attached garage. Quaint (in a good way) [...]

Gorgeous Tempe Brownstone FOR RENT

This is a We Know Urban Realty exclusive opportunity (meaning no other realtor has access to it yet). This one bedroom plus loft (or two bedroom depending on how you use it) is top notch. Its super clean, heavily upgraded and located just a half mile from Mill Avenue in the very popular Brownstones at [...]

New Reduced Price High Rise Condo Right On Town Lake – This Place Has Everything

Urban Update

You might remember me writing about a purchase that fell through at The Vale because the Buyer’s lender would not make the loan because the Home Owner Association (HOA) at The Vale was in financial trouble with 25% of the condo owners behind on paying their fees.  It was my opinion that until the HOA got its [...]

Good News for Centerpoint Condos

The last year has been a rough time for most in real estate, but especially everyone tied to the Centerpoint Project in Tempe.  From the lender, Mortgages Limited Securities going bankrupt and their CEO committing suicide, to the teasing near completion of the soon to be iconic towers of Centerpoint Condominiums.  People have been waiting [...]

Centerpoint Condos in Tempe Crafting Solution

The Arizona Republic reported today that the developer of Centerpoint Condominiums, the two high rise towers off Mill Avenue in downtown Tempe, is closer to finding a financial solution to its bankruptcy and the bankruptcy of its construction lender Mortgages Ltd. The plan calls for the developer to borrow another $43.3 million to complete the [...]

The Vale in Tempe is in TROUBLE

With so many condo owners going into default on their mortgages, Home Owner Associations (HOA’s) are having a real problem with fee delinquencies.  In other words if folks aren’t paying their mortgage payments you can bet they aren’t paying their HOA fees.  In the past this simply meant that we agents had to review the [...]

Regency Condominiums Open in Tempe

Thursday was the grand opening of Regency Condominiums on Lemon Street on the light rail in Tempe.  Its a  former apartment building converted into 44 studios and one bedroom condos starting at $179,000.  It’s a cool mid-century modern building with reportedly great finishes (we haven’t seen the interiors yet). It will be interesting to see how the sales [...]

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