WELCOME to your source for Prescott Arizona area condominiums, townhomes, and patio homes, including foreclosures, REO (Real Estate Owned or bank-owned properties), HUD listings, and real estate information for the Quad-City area of Yavapai County: Prescott, Prescott Valley, Chino Valley, and Dewey-Humboldt.
Whether you are interested in buying or selling Prescott area condos, townhomes, or patio homes we can help!
We make it easy and quick. We take the headaches out of buying and selling Prescott area condos and townhomes that are being sold traditionally or in the foreclosure process.
We save you time and effort, and you’ll maximize your profits by avoiding the common mistakes most people make in the Prescott condo and townhome market.
Streamlined searches. Our customized MLS queries streamline searches for condominiums, townhomes, patio homes, including pre-foreclosures, short-sales, foreclosures, REO, and HUD listings in the Prescott market area. Search for condos.
Save time and limit frustration by finding the properties you are looking for quickly. you’ll be way ahead of the pack and ready to purchase weeks ahead of competing buyers are ready to purchase.
What are condos, townhomes, and patio homes?
Condos, townhomes, and patio homes can be great real estate investments in the Prescott area. But these descriptions can sometimes be confusing. In fact, many people don’t know the difference between these property types. In the interest of helping the real estate investor be as knowledgeable as possible, let’s take a look at what each of these terms mean legally, and what they mean in a real estate listing.
Condominiums are much like apartments, where other units may be above you, below you, or to either side. A condo owner is legally considered to own the property consisting of the walls in. In addition, the owner also has a proportional share ownership of the common areas of the complex, based on how many units are present. For example, in a 100-unit condo complex, the owner holds a 1/100 share of the common area in addition to his own unit. Condo ownership comes with no land rights and no airspace rights above. Parking is typically not attached to the property (although in some cases it is), but assigned to the unit and a part of the legal ownership structure.
In a townhome, the owner typically owns the land below and the airspace above the unit, in addition to a percentage ownership of common area. In essence, no one has the right to build above or below your unit, unlike the rights to a condominium. Although most people consider a townhouse to be two or more stories, that is not always the case. A property may legally be considered a townhome even if it is a single-story property. Townhomes typically share common walls to either side with other units but never above or below. Parking may be attached to the unit or it may be assigned somewhere on the property.
Patio homes are very much like townhomes except they often do not share common walls with other units, or sometimes only one wall. These are constructed much like free-standing homes, but typically very close together or connected in a limited manner. Parking is usually a part of the unit itself, not common on the property. Also like a townhome or condo, patio home ownership comes with a percentage share ownership of the common areas of the development. Whenever there are common areas, whether the property is condo, townhouse, or patio home, there will be a homeowners association (HOA). The HOA is in place to oversee the care and maintenance of common areas and to maintain the value of the properties located within it. This is a complex subject with many legal implications for the investor, so extra care and due diligence are required.
If you’re selling we have the buyers. Sellers – take advantage of our extensive investor database that finds condo and townhome buyers quickly.
Since we began serving the Prescott area income property market, 100s of investors have registered with us looking for investment properties.
Our condo buyer-focused marketing system reaches the widest audience of prospects in the shortest amount of time to sell your property quickly.
Professional partners network. Whether you want to buy or sell your property AS-IS, or want it refurbished to its full potential and professionally staged, our team can get the job done for you.
We have developed a network of professionals including home inspectors, appraisers, handymen, contractors, debris removal, odor abatement, painters, locksmiths, and other critical partners that work with our team to make your transaction a success.
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work together to meet your real estate goals.