More Reasons To Live In A Villagio Condominium

We know that the Villagio Condominiums in Tempe have long been popular with ASU students.  Close to campus, low maintenance lifestyle, 2 swimming pools, garages, close to freeways and the airport so that mom and dad can easily come to visit, etc.

Here’s an example of a home for sale at Villagio:

280 S Evergreen #1369 – The home has 2 bedrooms, 2.5 baths and a 2 car garage and is a great looking home for under $200k.

Villagio in Tempe

With over 700 units at Villagio, the place has plenty of room for people of many life stages. With units ranging from 2-4 bedrooms, Villagio can be a good choice for professionals, families, singles and more.

Other than being close to ASU, here’s a few more reasons to consider Villagio:

1:  Sports fans: With the new Cubs Spring Training home being built directly across the street, you’ll soon have more neighbors from Chi’ Town to meet.

2. State Farm Employees: State Farm and the Marina Heights project mean more jobs and more people moving to Tempe. The Marina Heights project is located on Rio Salado, just West of Villagio. More professionals will certainly be looking here.

3. FHA Loans? In Tempe, close to campus, it is pretty hard to find a condo complex that is FHA approved. For some, that’s no big deal. For others, it’s huge. For students, the “Kiddie Condo loan” can be a great way to go. Basically, a Kiddie Condo loan is an FHA product that allows “a non-occupant co-signer to qualify for the loan. The actual occupant of the home does not have to have employment, income or assets. However, the occupant’s credit must meet FHA’s qualification standards.”

Villagio HUD approved

Think about it. The Kiddie Condo allows Johnny or Suzie student to buy a home with mom and dads help. Heck, it doesn’t even have to be a condo. Single family homes work, too. With a down payment as low as 3.5%, mom and dad aren’t even out a whole lot of cash. The popular 85281 zip code near ASU offers many choices. We just happen to think Villagio seems to make $ense for a wide range of people.

About Nick Bastian

Nick Bastian is a 25 year veteran of the real estate industry and enjoys his career very much. Nick is always available to "talk shop" with anyone that may have real estate related questions. "Just Call Nick" at 602-803-NICK (6425) - he's glad to help.
Nick can also be found over on the Phoenix Real Estate Guy blog and on Twitter or out and about in the community making friends and having some fun.

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