When people think of crunch time, their first thought isn’t always about housing for college students. Instead, it is probably more common for them to think of the last couple of weeks before finals.
Crunch time number two is the time from now until when school starts again for the upcoming school year. You see, many students are still scrambling to find a place to live between now and next semester. Luckily there’s still time, but these procrastinators need to act quickly. A “typical” closing can be approximately 30 days, give or take. If mom and dad are going to help with a “Parent Student Home Loan” they better be giving us a call to start looking very soon.
Inventory gets very tight this time of year, as many people are in the same boat you are. Fear not, we can help!
We find that a LOT of parents understand that an investment in a home for their student to live in while attending college can pay off in many ways for years to come. Co-signing, “Kiddie Condo Loans”, or paying cash for a property are all popular options for parents, as we find that many parents want to help their kids “get a good start” in life. Buying a home off campus instead of renting one just seems to be financially prudent for some people. Heck, throw in a roommate or two and your student can help pay the mortgage and learn some responsibility at the same time. No, home ownership isn’t right for all students, and colleges like ASU here in Tempe are pretty adamant about having Freshman live on campus. BUT, we’ve helped many parents and students with housing needs, and we’re happy to share our experiences with you. Crunch time or any time, the Phoenix Real Estate Guy(s) is here to help!
Here’s a sample of some single family homes near Arizona State University that could qualify for the Parent Student Home Loan mentioned above. We have many other homes in other neighborhoods available and will be glad to help in any way.