“REO Property”

"BUT SHORT SALES AREN'T A LONG SHOT ANYMORE…"

by admin September 22, 2009 Short Sales

ARTICLE IN THE ARIZONA REPUBLIC ABOUT SHORT SALES

This morning in the Arizona republic’s article “Fast? No. A sure Thing? Not Likely But short sales aren’t a long shot anymore, real-estate agents say” discusses a few of the realities about short sales such as: they take a long time, currently the best deal for buyers, not …

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WHAT IS A SHORT SALE?

by admin September 1, 2009 McDowell Mountain Ranch

I have many people call me about doing a short sale or asking, “what is a short sale?”

When one falls behind on their mortgage, the bank will typically begin the foreclosure process. There are several ways a borrower can stop the foreclosure, such as: bringing the arrearage current, loan modification, bankruptcy, refinance, short refinance and …

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Up Coming Bank Owned Property in Grayhawk

by admin September 1, 2009 Real Estate Market Update

Check it out. I just took this video of a new REO, bank owned foreclosure home in Grayhawk. Grayhawk is a golf community located in north Scottsdale. This little piece of real estate is not currently available to the general public. You can be the first to view, tour and write an offer. Our experience …

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Vandelized by Thieves in DC Ranch, check out this Bank Owned REO

by admin September 1, 2009 McDowell Mountain Ranch

This home is the perfect example of why a home owner that is in foreclosure should stay in their home until it is foreclosed on. This REO, bank owned home, was vacated by the owners in March. The bank foreclosed in June. I met with the sellers and believe beyond a reasonable doubt they did …

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Check out This Beautiful REO Bank Owned Home, Smashes Myths about condition

by admin September 1, 2009 McDowell Mountain Ranch

I hear so many people make comments about the condition of Foreclosure homes or as the bank refers to them as REO property, so I made this quick video to show how nice a bank owned home can be. Check out this home in DC Ranch a community in north Scottsdale, near the McDowell Mountains. …

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