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Answers (15)
- Carmen Brodeur, "Scottsdale AZ"
- Contributions:1035
Any agent can help you buy a foreclosure, but you should find a truly educated, experienced real estate professional to help guide you. Foreclosures are different than a normal resale. You don't get the same disclosures, the bank relieves itself of all liability by forcing you to sign one-sided contracts, the home is completely "AS IS" and the competition is fierce.
- Terry S. Smith, "ScottsdaleAZ"
- Contributions:1
Look for an agent who SPECIALIZES in Bank Owned or Foreclosures.
For example If you are looking for Scottsdale Foreclosures go to google and type in "ScottsdaleForeclosures" whomever comes up first ON THE NATURAL search results most likely focuses on Scottsdale Foreclosures.
Hope this helps!
Terry S. Smith
Scottsdale Specialist
Scottsdale Specialist
45 Year AZ Resident
DPR Realty LLC
8341 E. Gelding Drive
Scottsdale, AZ 85260
Contact me Direct
DPR Realty LLC
8341 E. Gelding Drive
Scottsdale, AZ 85260
Contact me Direct
Office [Contact info removed by moderator]
- Amy Owens, "soldbyowens"
- Contributions:2
Sometimes it is helpful to ask around and get a referral from your friends and family on who they have used in the past. Any real estate agent can sell foreclosure properties. If you need further assistance, please let me know. Good luck!!
- Roswell Moore, C.M.P.S., "Mortgage.Coach"
- Contributions:104
Talk to a few real estate agents from the area you are looking to buy to find someone you feel comfortable with. They will set you up so you will receive properties you are looking for, based upon your specifications.
In the mean time, most clients still will get online to look as well. One site out there will have all the new foreclosures & short sales updated & listed daily. The site is [Link removed by moderator] & you can search foreclosures or short sales.
I'd be happy to refer a real estate agent to you if you'd like.
Happy hunting,
Ros
Roswell Moore, CMPS
Certified Mortgage Planner
In the mean time, most clients still will get online to look as well. One site out there will have all the new foreclosures & short sales updated & listed daily. The site is [Link removed by moderator] & you can search foreclosures or short sales.
I'd be happy to refer a real estate agent to you if you'd like.
Happy hunting,
Ros
Roswell Moore, CMPS
Certified Mortgage Planner
- Lisa Lucky, "Lisa Lucky"
- Contributions:976
Why focus on foreclosures? Distressed properties bring prices down for all sellers. A traditional resale is often the best deal because often those homes are in better condition which results in a lower investment by the buyer. Also you receive the "seller property disclosure statement" to let you know about past problems. You don't get this disclosure from a seller who never occupied the home (like a lender).
- Carol Jacobson, "carolj959"
- Contributions:16
Find your self and agent who you like and trust and they can help you locate a home and help you through the process. The most important part is finding someone with your interest in mind. I aways suggest being patient and diligent and you find the right house at the right price no matter if it is to flip or to reside in. Always remember to do your homework as well.
- Rick LeForce, "Rick LeForce"
- Contributions:7
Let me know which area of Scottsdale and what type of product (condos, single family, golf course, retirement, seasonal, etc.) and I'll make some recommendations.
-Rick LeForce
Show Appeal Realty
-Rick LeForce
Show Appeal Realty
- John Conklin, "203K Alternative"
- Contributions:130
I can give you the names of some quality Real Estate agents. Whether you are looking to buy and flip,rent or occupy the property. Once I know your intentions I can recommend a couple realtors who would be best suited for your particular needs. Also if you have an interest in buying at the auctions, I can point you in the right direction as well. Feel free to contact me.
- Jeff Masich, "Arizona Homes Land"
- Contributions:508
Dear GCE:
A Realtor focusing on Scottsdale homes, like me, or someone else can easily provide you with a list of all bank owned homes for sale in Scottsdale. You can specify, the area, price, features etc. A list of homes with details, pictures, maps etc can be provided to you.
Feel free to ask.
Jeff Masich, Realtor
HomeSmart Realty
Scottsdale
A Realtor focusing on Scottsdale homes, like me, or someone else can easily provide you with a list of all bank owned homes for sale in Scottsdale. You can specify, the area, price, features etc. A list of homes with details, pictures, maps etc can be provided to you.
Feel free to ask.
Jeff Masich, Realtor
HomeSmart Realty
Scottsdale
- Matt Deuitch, "deuitch"
- Contributions:5
To be more specific, would you like to buy the homes just prior to foreclosure, AT the foreclosure auction, or from the bank after they have foreclosed and taken title? You can specify Scottsdale-onlly homes in all 3 cases, and each case has its advantages/disadvantages.
Yes, agent experience is paramount. An experienced agent asks the right questions to guide you in your purchase.
Yes, agent experience is paramount. An experienced agent asks the right questions to guide you in your purchase.
- Loren Hoboy, "ArizonaDreamHomes"
- Contributions:77
A full time Buyers Agent that is experienced with bank foreclosures is strongly recommended. In Arizona we don't generally use lawyers, so experience counts. With less than 85% of all agents working full time, hire a Buyer's agent that is experience.
I don't normally answer on Zillow, but in this case feel I need to correct another misleading posting. To state that all foreclosures have bad titles is to say that 35% of all sales in Arizona are flawed. This is simply not true. The reason you purchase title insurance during the closing process is to buy protection against title defects. If you buy title insurance from an "A" rated company {yes-The financial strength of the Title Insurance company matters}, you can rest easy that if a problem arises the Title Insurance company will step up and protect your investment. It is extremely rare, but title problems can occur with any of sale.
I would be pleased to answer questions and provide service.
Loren Hoboy
[Contact information removed by Zillow moderator]
I don't normally answer on Zillow, but in this case feel I need to correct another misleading posting. To state that all foreclosures have bad titles is to say that 35% of all sales in Arizona are flawed. This is simply not true. The reason you purchase title insurance during the closing process is to buy protection against title defects. If you buy title insurance from an "A" rated company {yes-The financial strength of the Title Insurance company matters}, you can rest easy that if a problem arises the Title Insurance company will step up and protect your investment. It is extremely rare, but title problems can occur with any of sale.
I would be pleased to answer questions and provide service.
Loren Hoboy
[Contact information removed by Zillow moderator]
- Peggy Maglio, "Peggy Maglio"
- Contributions:9
Contact a Realtor with experience and certification from the National Assn of Realtors SFR - "Short Sale and Foreclosure Resource."
- Tim Grossglauser, "VIPAZHOMES"
- Contributions:60
You want to work with someone who knows about foreclosures and investing. My Firm receives daily lists of foreclosures, we do title searches, help you with all options to obtain a foreclosure (MLS, Direct to Bank, Auctions, etc). I have helped numerous buyers and investors purchase foreclosures in the Scottsdale & Fountain Hills Area.
- James Donovan, "donoco1"
- Contributions:27
You can check county records to find out who has taken possession of the deed or contact a realtor or an attorney to represent you in the process. If you want to make an offer direct to the bank do the legwork yourself. It is a couple simple phone calls. (lol)
- Rita Gibbs, ALHS., "realtor_rita"
- Contributions:110
You could Google "Scottsdale RE agents foreclosure specialist." You want to find an agent who knows how to handle foreclosures.
who do I contact regarding buying foreclosures in Scottsdale?
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