Buying

Buying Arizona Real Estate

Arizona real estate can be one of the best investments a buyer can make.  An Azure Group of Signature Real Estate Services agent can help you take advantage of all the benefits of owning Arizona real estate. Tax advantages, property appreciation, the power of leverage for your money, and a capital gains shelter are all examples of how Phoenix real estate, Scottsdale real estate, or almost any Arizona real estate are excellent investments.  For more information on each of these real estate ownership benefits, check below.  Owning Arizona real estate can be a wise investment for the smart real estate investor.  Arizona real estate, particularly in and near Phoenix, has shown excellent appreciation over the years.  Not sure where in the Phoenix or Scottsdale real estate market you'd like to look?  Let our technology guide you.  We can send you satellite images of nearly every part of the Phoenix and Scottsdale real estate market, right to your inbox, free.  Click here to tell us what you'd like to see.

Home ownership in Phoenix, Scottsdale, or any Arizona real estate market provides one of the best tax advantages available, particularly in the early years of paying off the mortgage when most of your payment is interest.  The Federal government has reduced many deductions over the years, but every penny you spend on mortgage interest is deductible.

The tax code revisions of 1997 gave an enormous benefit to homeowners whose real estate appreciated over the years.  Dependent on certain conditions, single filers can keep up to $250,000 and married filers up to $500,000 in capital gains with no tax.  For real estate owners in Phoenix, Scottsdale, Glendale, Chandler, virtually anywhere in the Phoenix real estate market where the price of real estate has appreciated considerably, this has been a windfall.  Check with your tax advisor for more on this outstanding real estate ownership benefit.

Appreciation of your Arizona real estate is one of the key reasons many buy real estate in Phoenix, Scottsdale, Chandler, Tempe, and Glendale.  Likewise, there are many outlying areas toward which the metro area is growing that are showing impressive real estate value appreciation.  CNN published figures on the Phoenix real estate market showing an average growth of real estate value from 2000 through 2005 years of 53.1%, with an expectation for 2006 of appreciation of 17.7%!

One of the best benefits of using a mortgage for buying real estate in Phoenix is leverage.  Say you buy a piece of Scottsdale real estate for $300,000 with 10% down, so your investment is $30,000.  If the property appreciates 10% in one year to $330,000, you have made a 100% return on your investment.  On the contrary, if you had paid cash for the property in Scottsdale, you would have made only a 10% return.  In the Phoenix real estate market, where appreciation has been substantial in the recent past, this is a very powerful tool for the real estate investor or homeowner.