Sem­i­nars give low­down on buy­ing in Phoenix

Calgary Herald New Condos - - Recreation & Investment Properties - KATHY MCCORMICK

Ithe buzz around cof­fee groups all over the city. Ev­ery­one in Cal­gary is talk­ing about, if not buy­ing, the so-called “deals” avail­able in Ari­zona for those look­ing to in­vest or buy a recre­ation prop­erty.

Short sales, fore­clo­sures, tens of thou­sands of dol­lars in dis­counts: the talk is end­less. But is it all true? Peter La­bodi has some an­swers. “As a na­tive Cal­gar­ian and Cana­dian cit­i­zen now liv­ing in Phoenix, I have been steadily as­sist­ing Cana­di­ans with real es­tate pur­chases for years now,” says La­bodi, who now op­er­ates through Homes­mart Real Es­tate in Phoenix.

“As there is still a high de­mand and con­tin­ued in­ter­est in pur­chas­ing in Phoenix, I will be hav­ing a sem­i­nar this Septem­ber in Cal­gary to share my pro­fes­sional knowl­edge.”

In fact, a se­ries of free sem­i­nars on Sept. 10 and 11 — each day at 10 a.m., noon, 4 p.m., and 6 p.m. at the Black­foot Inn, 5940 Black­foot Tr. S.E. — will cover such topics as mar­ket con­di­tions, bank-owned prop­er­ties, new builds and re­sale homes, fore­clo­sures, pre-fore­clo­sures, as-is pur­chases, short sales, lo­ca­tions and area knowl­edge, and so much more.

The seat­ing is limited and par­tic­i­pants must pre-reg­is­ter by call­ing toll free 1-866-721-1939.

“If you are Cana­dian, the stars are aligned for a great pur­chase in Ari­zona,” says La­bodi. “With bot­tomed­out prices, and a strong Cana­dian dol­lar, the mar­ket is poised for per­haps even a slight dip, fol­lowed by a slow up­ward re­cov­ery as we me­thod­i­cally sort through the mess of fore­closed homes on the mar­ket, get a han­dle on un­em­ploy­ment and in­creased GDP growth.”

Many Cal­gar­i­ans are opt­ing to buy vacation homes in Phoenix, spurring a se­ries of free sem­i­nars on the ins and outs of such a pur­chase Sept. 10 and 11.

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