Desert Mountain Foreclosures and Short Sales in Arizona
Desert Mountain has not escaped the bank foreclosure market, unfortunately. BUT, Lender / Bank owned properties are here and probably will be for quite a while. As a buyer, it is one of the best times in Desert Mountain AZ history to purchase a property. The recent comparables include these bank owned foreclosed and short sale properties.
Buying from the bank is faster and easier than a short sale for instance. Usually a response back on an offer is within 72 hours. Banks are willing to negotiate a bit, but usually stay pretty close to the asking price. Like any seller today, the bank wants to sell the property quickly.
Properties are SOLD in AS IS condition, so I recommend before purchasing a lender owned property to still get the home inspected to know exactly what you are buying. Surprises in real estate are usually not a good idea. The Desert Mountain Lifestyle Team has the experience to guide you and advise you through the entire process.
