Phoenix AZ: ADOT is Buying Homes (In Planned Freeway Path)

By
Real Estate Agent with LRA Real Estate Group

ADOT and Proposed South Mountain Freeway

It does not have to be reported in headlines each week, but it goes on. ADOT (Arizona Department of Transportation) is planning for the future. They are in the process of buying homes that are in the path of the future freeway called the South Mountain Freeway.

This is great news for some homeowners. Those who need the cash and want to move are happy. Others who don't get an offer are frustrated. ADOT does not have unlimited budgets to buy property, but does have some. So, they are moving ahead with the project, looking years ahead. And, why would they not want to buy when prices are so low right now? Makes good business sense.

Just need to be aware that this is a program that is active. If you are in the freeway path, decide on what your plans are. Looking to move and sell? Call us. We can help.

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Bryan Watkins sells real estate in the path of future freeways. You can SEARCH the official MLS just the same as an Agent at www.LRARealEstate.com today. Call us to find your next home.

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Posted by

Bryan Watkins
Designated Broker
LRA Real Estate Group
www.LRARealEstate.com
Phoenix-Tempe-Mesa Metro
480.734.7878 text/cell

Find us on www.Facebook.com/LRARealEstate

Comments (1)

Jayson Hoffer
Jayson Hoffer Insurance Agency Inc. - Tempe, AZ
Mesa AZ 480-948-6115 Home, Auto, Life Insurance

so should i go buy a home right there, right now? What is the term called imminant domain. Can they later force me out of that home if I bought one now?

Apr 05, 2011 07:26 PM