Jeanne Hasenmiller, Mosaic PR and Marketing
(602) 714-9338

New home or resale?

Top 5 reasons to consider Scottsdale's Corriente Residences

SCOTTSDALE, Ariz. – Friday, June 4, 2010 – If there was ever a time to purchase real estate in Arizona, now is the time.

One of the first questions homebuyers should ask themselves is whether to buy a new home or a resale. With all the options on the market -- traditional resales, foreclosures, short sales and new construction -- it is no secret this is a buyer’s market.

However, there are some significant advantages when purchasing a new property.

  1. Competitive Pricing and Incentives
  2. Arizona new homes are priced to be competitive with today’s over-abundant resale market. In fact, Corriente Residences, the resort-style condominiums in Scottsdale, provide the Scottsdale lifestyle at an affordable price. The community offers one- and two-bedroom, and a two-bedroom with a den condominiums ranging in size from 1,048 to 1,547 square feet, starting in the $220,000s.

    Many newly built properties provide incentives in addition to the already competitive pricing.

    Corriente Residences is currently offering $8,000 in incentives to homebuyers who purchase a condo before June 30, 2010, to be applied toward qualifying closing costs, pre-pays and Homeowner Association dues.

  3. Up-to-date Design
  4. Buying a new build gives buyers the latest in architecture, design, finishes and amenities.

    Each Corriente Residence includes wood cabinetry, high-end appliances and crown molding in the living and dining areas. The open floor plan includes recessed lighting and a natural gas fireplace.

    Luxury amenities include a fitness center, heated outdoor pool and hot tub, underground parking and a community center.

    One of the most desirable design features about Corriente Residences is the elevations, maximizing the views of one of Scottsdale’s famous golf courses, the Silverado Golf Course.

    “The golf course views are remarkable,” said Janet Sharp, sales manager of the five-building, 192 unit project. “It’s an incredible opportunity to be able to enjoy golf course living complete with views, without the expense of belonging to a private club.”

    Silverado is just a quick walk from Corriente, and it offers reasonable rates all year, including special golf packages during the high season.

  5. Low Maintenance
  6. Many homeowners at Corriente Residences tout the lock-and-leave convenience of this Scottsdale condominium lifestyle.

    “Corriente Residence owners tell us all the time that it feels like you are living at a resort,” said Janet. “The pool will always be maintained, the landscape will always be pristine, the community will always be clean, the on-site fitness center will always be operating with state-of-the-art equipment, the spa will always be ready…and our homeowners don’t have to lift a finger.”
    Homeowners that purchase in new condo communities find comfort in knowing that the home maintenance items are being taking care for them; allowing the homeowner more time and money for the lifestyle they enjoy.

  7. Save Time
  8. Purchasing a foreclosure or short sale is much like a treasure hunt. But, once a buyer finally finds a home they want to purchase, the real battle begins…the battle with the banks.

    Just because the short seller accepts the buyer’s offer, it doesn’t mean the bank will accept it. Many buyers wait several months before hearing back from the bank, only to find out that the bank has rejected the offer. Then the buyer is back to square one, having wasted several months.

    Also, many foreclosure properties and short sale homes have liens placed on the property, only adding to the waiting game for the buyer.

    At Corriente Residences, several homes are move-in ready. If a homebuyer is planning on using their new condo as a retirement or second home in the near future, Corriente Residences will take a reservation for any of the 24 new condominiums to be completed within the next 12 months.

    “The buyers can take advantage of the low pricing and incentives now, and secure the specific floor plan and unit they want with a small security deposit,” said Janet. “They don’t have to wait until they are ready to make Scottsdale their full- or part-time residence to find the right condo.”

  9. Warranty Protection
  10. The resale, foreclosure and short sale market is a gamble. The buyer is often on the losing-end of these transactions, spending major dollars on unforeseen structural, plumbing and electrical repairs.

    With a new build, warranty programs provide a buyer the peace-of-mind knowing that the home is covered if any unforeseen issue arises.

    Corriente Residences offers a full, one-year home warranty, plus provides the new owner all the warranty documentation for the appliances.

Visit Corriente Residences

Corriente Residences, located at 7601 E. Indian Bend Road in Scottsdale, is conveniently located between Scottsdale Road and the 101 Loop. Nestled next to two golf courses – the Silverado Golf Course and McCormick Ranch Golf Course–Corriente Residences is just minutes away from Old Town Scottsdale, Scottsdale Fashion Square and an abundance of high-end and casual restaurants.

Stop by Corriente Residences for your private tour of the resort-style Scottsdale community. The sales office is open from 10 a.m. to 5:30 p.m. daily. Or, visit the Corriente Residences Web site at


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