Step One Source: off-market residential land in Paradise Valley, North Scottsdale, and Arcadia, acquired directly from owners and assigned to builders
Phase 01 / The house today
You do not need to fix anything.
If you received a letter from us, this page exists so you can verify who we are and how we work before you speak with anyone. How we operate, including exactly how we are paid, is explained below in order.
The condition of your house does not affect our offer. The roof, the systems, the finishes: none of it changes our number. Please don't spend money or effort preparing anything.
- Built
- 1982
- Condition
- Not a factor
- Repairs requested
- None
The value is in the land.
We source properties whose underlying land carries more value than the structure standing on it. Location and lot are what we evaluate, and what you are buying.
- The value
- The underlying land
- We evaluate
- Location and lot
- Occupancy
- Varies
Phase 02 / What the lot allows
The land is the asset.
A builder evaluating your property is not evaluating rooms. They see the buildable envelope, the volume that zoning allows on your lot once setbacks are drawn. That envelope is what gets priced, and it has been gaining value while the house inside it aged.
This is why no one will ask you to clean, stage, paint, or open your home to strangers. What is being bought is measured in feet from the property line.
- Lot
- 250'-0" × 192'-0"
- Area
- 48,000 SF · 1.10 AC
- Staging
- None
Location and lot, first.
We look for properties in great locations, on great lots, that are not at their highest and best use. When one goes under contract, you get the parcel, the dimensions, and the terms.
- Submarkets
- PV · N Scottsdale · Arcadia
- The test
- Highest and best use
- You receive
- Parcel, dimensions, terms
Phase 03 / Coming down
Yes, the house comes down.
We want to be direct about this, because for some owners it matters more than price. The builder who takes over your property will, in most cases, demolish the house.
If that is a dealbreaker, we are not the right buyer, and we would rather you learn that now than at a closing table.
- Demolition
- Likely, after close
- Performed by
- The builder
- Your involvement
- None
No surprises at the table.
Owners hear it from us early that the house is likely coming down. By the time you are at the closing table, expectations have been set and the teardown is not news to anyone.
- Owner expectations
- Set early
- The teardown
- Discussed up front
- Surprises at close
- None
Phase 04 / A cleared lot
What we actually are.
Step One Source is a wholesaler. We put your property under contract, then assign that contract to a builder for a fee. Here is the part that matters to you: you do not pay that fee. The builder does. The price we offer you is the price you walk away with, with no commissions and nothing taken off the top.
We tell you exactly what we are because plenty of people in this business will not. Some talk around it, and some act like the end buyer when they are not. We do not work that way and we will not take part in it. Transparency and honesty matter more to us than any single deal. Arizona law requires this disclosure in writing regardless, so you are reading it here, in plain language, first.
- Our role
- Buyer, not agent
- Who pays our fee
- The builder, not you
- Disclosure
- In writing, per AZ law
The structure is an assignment.
We contract with the owner and assign the contract to you for a fee, stated as a line item in the assignment agreement. Sellers receive the Arizona wholesaling disclosure in writing before they sign.
- Structure
- Assignment of contract
- Fee
- Stated in the agreement
- Seller disclosure
- In writing
Phase 05 / Building
What the process asks of you.
You sign one contract. You continue living in the house, and you choose the closing date, whether that is thirty days out or six months. There are no showings, no open houses, and no lockbox on your door.
The price we agree on is the price. If the sale does not close, you keep your home and owe us nothing.
- Showings
- 0
- Closing date
- You choose it
- Price renegotiation
- None
One buyer at a time.
Nothing we send has been listed or blasted to a buyer list. A deal goes to one builder at a time, matched to your criteria.
- MLS exposure
- None
- Distribution
- One builder at a time
- Matched to
- Your criteria
Phase 06 / The new home
We pay market price.
The house that replaces yours will list for more than we paid you. This is because that difference pays for demolition, design, roughly two years of construction, the builder's risk, and our fee.
We are not in the business of lowballing. A listing may show a higher number, but commissions, closing costs, repairs, and months of carrying costs all come out of it before it reaches you. When it's all said and done, the net is often close to ours, without the wait. We want every party in the transaction to win, you included.
- Our offer
- Market price
- Commissions + repairs
- None
- You receive
- Speed and certainty
Our job is step one.
We stick to what we do best: finding the property, reaching the owner, negotiating, and getting it under contract. Everything after the assignment is what you do best, from design to the build.
- Our scope
- Acquisition
- After assignment
- Yours
- To receive deals
- Send your criteria
The handoff
One contract, two signatures apart.
The owner signs a purchase contract with Step One Source. We then assign that contract, the right to close on those exact terms, to a builder for a fee stated in the assignment agreement. That handoff is the entire business.
Who signs what
The owner contracts with us. We assign that contract to the builder. The builder closes with the owner on the original terms: same price, same dates, same conditions.
Where the money is
Our fee is the difference between the contract price and the assignment price. It is written into the assignment agreement as a line item.
What Arizona requires
Arizona requires written disclosure that we hold an equitable interest and intend to assign it. Both parties receive that disclosure before anything is signed.
The buy box
What we look for.
- Paradise Valley
- North Scottsdale
- Arcadia
- A great location
- A great lot
- Currently not at its highest and best use
Contact
Ask before you decide anything.
Use the form, or write directly to the email below. A question does not commit you to anything, and it will not put you on a call list.
Tell us what you build.
Submarkets, product, and price band. When a property under contract fits your criteria, you hear about it.