Why Did the Home Buyer Cross the Road?

Real Estate Agent with Utah Homes 9334967-SA00

Pinal MaricopaQ. Why did the home-buyer cross the road?

A. To get a better loan.


Lately I’ve been working with a larger number of people who are crossing the border of Gilbert and Mesa into the town of Queen Creek. It’s amazing what happens when you cross the road:

Homes cost less – and there’s a rural housing loan that covers closing costs.

Also, people often qualify for a larger loan amount.

Here's a recent example:

The borrower qualifies for $110k in Maricopa County with an FHA loan that allows for seller concessions and a 1% down payment. Crossing the border into Pinal County, the borrower qualifies for $123k with very little down.

  • In Maricopa County we’re looking at foreclosed properties to be purchased “as is”.
  • In Pinal County we’re looking new four bedroom/two bath homes with a full warranty.

Would you be willing to cross the road if you were able to buy more home for the money with no repairs and very little down?

That’s the choice many buyers are making. It's part of the reason Pinal County's home sales continue to increase.


If you’d like to know more, give me, Chuck Willman at 480.292.0600 …or email me: chuck@NewHomesAZ.com

I’d love to show you what’s available.

Comments (16)

Kristin Moran
Owner - RE/MAX Access - KristinMoran@Remax.net - San Antonio, TX
San Antonio,TX - Real Estate - 210-313-7397

I believe I would definitely be willing to cross the road if it meant a better deal.  I'm a sucker for a warranty!  ;).  KM

Nov 09, 2008 10:34 AM
Chuck Willman UtahHomes.me
Utah Homes - Alpine, UT
Utah Homes

Kristin- A warranty can save some major $s. I think the average person would tend to play it safe and go that route.

Nov 09, 2008 10:42 AM
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Chuck, gee!  We don't do too many of the rural loans around these parts!  But if I wind up in any of the outer up-county areas, it's nice to know they're out there!

Nov 09, 2008 11:01 AM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Chuck, I would certainly be willing to cross the road.  No one needs a home with problems especially when they can get one with a warranty. 

Nov 09, 2008 02:22 PM
Susie Blackmon
Ocala, FL
Ocala, Horses, Western Wear, Horse Farms, Marketing

If I thought I could get financing to buy my Airstream, I'd cross most any road!

Nov 09, 2008 06:29 PM
Mana Tulberg
805 County Real Estate - Camarillo, CA
Real Estate Agent - Camarillo CA

We are all looking for better deals. It is in our nature. To some a warranty might be a better deal and to others a smaller payment.

Nov 10, 2008 02:20 AM
Chuck Willman UtahHomes.me
Utah Homes - Alpine, UT
Utah Homes

Patricia-The funny thing about these "rural" loans is that the properties aren't very rural. They're located quite close to all of the conveniences of the big city.

Carole- I'm of the same mindset... if I have to choose between a potential costly (and out of pocket) repair and a new place with full coverage- I tend to go for the latter.

Susie- I don't know how it works there, but you'd get title for that home from the Department of Motor Vehicles. :-)

Mana- That tends to be a big determining factor- living a bit closer in a smaller place bought "as is" or in a larger place, with a warranty for possibly a little bit more.

Nov 10, 2008 04:07 AM
Arina Hanciulescu
RealtyPros - Las Vegas, NV

Pinal County sounds like my place... We wish to find it in our county... But no such luck! To me this sounds like heaven and feel ready to pack and leave Las Vegas -:)

Nov 10, 2008 07:01 AM
Cynthia Tilghman, Realtor® Onslow County NC Home Specialist
Kingsbridge Realty, Inc - Hubert, NC

I'd say people in the area are very fortunate to have that option. 

Nov 10, 2008 10:44 AM
Ann Heitland
Retired from RE/MAX Peak Properties - Flagstaff, AZ
Retired from Flagstaff Real Estate Sales

Clever theme. And the rural loan program sounds interesting too. I'll look into it up here.

Nov 11, 2008 01:01 AM
Lee & Pamela St. Peter
Berkshire Hathaway HomeServices YSU Realty: (919) 645-2522 - Raleigh, NC
Making Connections to Success in Real Estate

Chuck - I certainly would - I would certainly advise my clients to do so too.  Another one of your catchy titles too!

Your Raleigh Realtors

Nov 11, 2008 02:00 AM
Chuck Willman UtahHomes.me
Utah Homes - Alpine, UT
Utah Homes

Arina- Come on over! The market is quite similar to yours in many regards- just larger with a few nice nuances.

Cynthia-It's a great program, and the market is ripe for the picking.

Ann- I would think that there would be something similar for up there.

Pamela- For those who qualify- this makes home buying an easy decision.

Nov 11, 2008 02:42 AM
Kevin McGourty
Realty ONE Group - Phoenix, AZ

Clever post. Buyers probably do have a tendency of looking at one chicken yard.

Nov 11, 2008 06:28 AM
Chuck Willman UtahHomes.me
Utah Homes - Alpine, UT
Utah Homes

Kevin- It's fun for those who qualify... what a difference a few feet make.

Nov 11, 2008 11:29 AM
Pam Pugmire
Silvercreek Realty Group - Meridian, ID
Meridian Idaho Real Estate

I need to find out about this type of loan program in Idaho.  This is great information for your local buyers.

Nov 17, 2008 06:33 PM
Bill Risser
Fidelity National Title - Saint Petersburg, FL
Fidelity National Title - Tampa District


I moved to Power Ranch on the Queen Creek border 5 years ago.  It seemed like the middle of nowhere!  Now, everything you need from a mall, theaters, car dealers, restaurants, etc. is within 15 minutes!  That rural tag is definitely misleading when talking about the Queen Creek area!

Nov 18, 2008 01:50 PM