From the category archives:

Listing Types

Distressed Property

February 18, 2017

Transforming an ugly home to beautiful While the level of foreclosure listings and short sale listings for sale have returned to minimal normal levels in the Greater Phoenix Real Estate area, there are always some distressed homes on the market that need some improvements or some homes that you could want to upgrade or improve. […]

Read the full article →

HUD owned homes-what are they?

May 28, 2011

When looking at properties for sale listings in the Greater Phoenix Real Estate area they are identified as being a short sale, a pre-foreclosure short sale, a lender owned home ( foreclosure) or as n/a (not applicable) which means that it is a regular everyday sale by the owner. Some listings are identified as a […]

Read the full article →

What is a short sale-Phoenix Real Estate

June 28, 2010

A short sale is a transaction between a buyer and a home owner whereas the proceeds from the sale will be short of paying out the lienholder(s). Because property values dropped on average about 50% in an 18 month period here in the Phoenix area the overwhelming majority of home owners owe more than the value […]

Read the full article →