Troon North Summary of Home Sales By Type

Troon North is an 1,800-acre master-planned community in prestigious North Scottsdale. Located along Dynamite Boulevard, east of Pima Road, in the foothills north of Pinnacle Peak Mountain. This community enjoys a dymanic desert landscape - undulating geography, amoungst hugh granite boulders, luch desert arroyos, and stands of ancient saguaros. Residential Subdivisions are designed around two championship golf courses by Tom Weiskopf and Jay Morrish.

Troon North is considered one of Arizona's finest golf communities. Membership to this semi-private club is available to property owners only. Guests of the Four Seasons Resort have playing privileges at Troon North. Public play will be eventually eliminated/reduced. Call for more information about the 2 types of membership.

Development began in 1989 and continues today. Custom lots are still available. Types of property include condominiums, townhomes, production homes, semi-custom home, and custom estate. All but a few subdividions are gated. Most homes have mountain and/or city light views.

The four-acre Troon North community park features tennis, basketball, barbecues, a tot lot and a turfed play area for other outdoor activities.

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Summary of Troon North Home Sales By Type

Here is a list of definitions often used to describe Type of Real Estate Sales.

Definitions

	Resale	This is the traditional method, with no third party involvement. The owner sells the property and pays off any debts secured by the property. Relocation, estate sale, and auctions, which made up a small percentage, are also included in this category.
	Short Sale	The "short" in short sale actually refers to the fact that the payoff amount agreed to in the transaction is "shorter" than the mortgage balance on the property. Simply put, there is more owed on the home than it will sell for.
	Lender Owned	Lender owned is just what it sounds like. Also called " REO" , which means real estate owned, or bank owned.