Phoenix Homes with Owner May Carry New Financing

Phoenix Homes with Owner May Carry New Financing

Phoenix, the capital city of Arizona, is a vibrant and diverse metropolis located in Maricopa County. Known for its sunny weather, stunning desert landscapes, and thriving economy, Phoenix offers a fantastic living experience for residents and visitors alike.

With a population of over 1.7 million people, Phoenix is the fifth-largest city in the United States. It boasts a rich cultural scene, with numerous art galleries, museums, and theaters scattered throughout the city. The downtown area is a hub of activity, featuring trendy restaurants, bustling nightlife, and a variety of entertainment options.

One unique feature of Phoenix's real estate market is the availability of homes with owner financing. This means that instead of obtaining a traditional mortgage from a bank, buyers have the option to work directly with the homeowner to secure financing. This can be a great opportunity for individuals who may not qualify for traditional loans or prefer a more flexible payment structure.

Homes with owner financing, also known as "Owner May Carry" or "OMC" properties, allow buyers to negotiate terms directly with the seller. This can include a lower down payment, more lenient credit requirements, and potentially quicker closing times. It's important to note that while owner financing can be advantageous, it's essential to thoroughly review the terms and conditions to ensure they align with your financial goals.

Whether you're interested in exploring the vibrant city life or taking advantage of unique real estate opportunities, Phoenix has something for everyone. From its stunning landscapes to its diverse housing options, this city is a fantastic place to call home.

Newest Phoenix Homes with Owner May Carry New Financing

$4,750,000
6 Beds 5.5 Baths 6715842 MLS 7,975 SqFt.
Experience the pinnacle of luxury living with this exceptional Mid-Century Modern hillside estate, meticulously crafted by renowned architect Arthur Froehlich. As you step into this architectural marvel, you're greeted by a stunning curved staircase that gracefully floats over a tranquil reflection pool, setting the stage for the extraordinary beauty that awaits. This residence embodies sophistication, boasting expansive windows and soaring ceilings that frame breathtaking skyline views, seamlessly blending the magnificence of nature with contemporary design. Revel in the harmonious fusion of indoor and outdoor living with two sprawling green spaces meticulously integrated into the mountainside, offering a serene oasis for both relaxation and entertainment. Encompassing over 7900 square feet, this estate features 6 bedrooms, 5.5 baths, and an array of amenities that redefine opulent living. Nestled beneath the main residence, the pool house beckons you to unwind by the shimmering pool, rock waterfall, and inviting patio, perfect for hosting gatherings and creating lasting memories. Retreat to the luxurious primary bedroom suite, surrounded by private patios and a deck offering panoramic vistas of the entire valley, ensuring a tranquil escape from the everyday hustle and bustle while enjoying 360-degree breathtaking views. Indulge in ultimate relaxation with three indoor fireplaces, an outdoor fireplace, and one in the pool house, along with an indoor steam room, sauna, and a hand-tiled indoor spa that exudes a resort-like ambiance. Immerse yourself in a botanical wonderland with rare plants and mature trees gracing the property, including majestic King Palms and fragrant Plumeria, creating a serene environment that soothes the soul. Every corner of this estate tells a story of luxury and elegance, with water features scattered throughout the grounds and picturesque walkways inviting exploration of this architectural gem. Discover the legacy of Arthur Froehlich, known for his iconic designs that transcend industries, from world-class horse race tracks to iconic structures in Hollywood, showcasing his unparalleled creativity and vision.

7550 N 21st Place, Phoenix

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