Phoenix Real Estate- New Home Builders
August 18th, 2008 categories: For Buyers, New Construction, Real Estate News
The real estate market in Phoenix and around the country has been and will continue to be challenging for home buyers and sellers.
New home builders are having their share of challenges. If you are planning to buy a new home in Phoenix- it is important that you know the financial health of your home builder, such that you are not left with a partially completed home and your earnest money possibly lost.
The Arizona Dept of Real Estate has provided a resources for Phoenix Home Buyers- here is a list of Phoenix home builders that are experiencing financial diffuculties or are in bankruptcy.
The department also has issued Commissioner’s Advisory No. 2 for home buyers that may have been impacted by home builders that are having financial problems.
If you are considering purchasing a new home, you should also check the the builders financial performance.
