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Hot - Great Second Home. Low Maintenance

$45,000 Great Value

Photo of 2300 E Magma Rd #157, Queen Creek, AZ, 85243.

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Address: 2300 E Magma Rd #157	City/ST: Queen Creek, AZ	Zip Code: 85243
Property Type: Single Family Home	New or Resale: Resale	Square Footage: 1157
Bedrooms: 3	Bathrooms: 2	MLS# 4195642
Property Tax: 1028

Welcome to 2300 S Magma Rd in Queen Creek. Surrounded by beautiful mountain views this low maintenance home has an open and inviting floor plan. The kitchen has a built in dishwasher and range oven with hood vent and a breakfast bar. 3 good sized bedrooms with master bedroom having an en suite bathroom. The community features a pool to relax by and cool off in those summer months. Great Home, Great Price. Would make a great second home, vacation home or retirement home. Come take a look.

Last Updated: 2/24/2010 1:15:06 AM

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Financing Your Home >Hybrids Offer Low Rates

In the field of home financing, "hybrid" mortgages have grown in popularity with homebuyers. With interest rates gradually rising in today's market, the hybrid mortgage product saves money, provides a period of fixed-rate security and helps buyers qualify for financing.

Hybrid mortgage loans offer a very low fixed-rate for a period of time, usually from 5 to 7 years, then revert to an adjustable rate mortgage (ARM) for the remainder of the term of the loan. The interest rate is typically lower than with a 30-year fixed-rate loan, and the borrower has the assurance that the rate will not change for a period of years. Such a loan works well for buyers who plan on reselling the home within a finite period.

Other specialty mortgages now available include an ARM loan with a provision allowing it to be converted to a fixed-rate loan when that is a practical step for the borrower. Still others offer an interest-only loan that requires payments to be made on the interest only for a specified number of years, then reverts to an amortized loan with interest and principal payments each month. Consult with an experienced mortgage professional to determine whether one of these loan products will meet your needs.

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Q	What is the least affordable metropolitan housing market in the United States?
A	California's Los Angeles-Long Beach-Glendale is currently rated as the most expensive metro area in the nation.
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Sheryl Robinson, REALTOR�, real estate agent and broker for Gilbert, Queen Creek and Chandler, Arizona home listings, property and land for sale - NUMBER1EXPERT

Sheryl Robinson
Home Key Realty
18711 E Pine Valley Drive
Queen Creek, AZ 85142
Direct: 602-614-0416
Fax: 480-248-2155
sheryl@HomeswithSheryl.com
Looking to buy or sell a home in Chandler, Gilbert or Queen Creek AZ? Look no further. Sheryl Robinson is an Associate Broker with Home Key Realty specializing in these three Phoenix East Valley cities and is also a short sale specialist. Contact Sheryl today for a FREE home location tool or FREE home price evaluation and to further discuss you real estate needs.

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