Troon Village Summary of Home Sales By Type

Troon Village is a 1,400-acre residential master-planned golf community located in north Scottsdale surrounding Troon Mountain. Troon Village has a wonderful assortment of residential choices from townhomes to semi-custom and custom spec homes, as well as residential homesites.

Troon Ridge master-planned community borders part of Troon Mountain, and is often considered to be part of Troon Village. New multi-acre developments can be found east of Troon Village. Most communities around Troon Mountain , north and south of Happy Valley Road, are gated.

Troon Village is home to Troon Country Club, one of Arizona's top-rated golf clubs. Designed by Tom Weiskopf and Jay Morrish and featuring a luxurious 50,000+ square foot clubhouse. Named for the famed Royal Troon Golf Club in Scotland where, in 1973, Tom Weiskopf won the British Open.

Troon Country Club offers social and golf memberships on an application and availability basis.

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Summary of Troon Village 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.