11-24-09 AZ Property Auction Results – Maricopa & Pinal Counties

On November 25, 2009

CLICK HERE to see Trustee Foreclosure Auction Results for Today, This Week

526 E. Gable Ave. Mesa, AZ

Sold at Trustee Sale: $55,000

Zestimate : $106,500

Lots of Built in Equity for this Mesa AZ Foreclosure. Income property in Arizona is providing excellent cash-flow opportunities for those investors wishing to expand their portfolio of Mesa rental homes. Get advanced notice of similar properties offered at Trustee Sale by requesting a foreclosure list.

3801 N. 84th Ln. Phoenix, AZ

Sold at Trustee Sale: $42,100

Zestimate: $102,500

Large return on investment for this Phoenix fix and flip. Instant equity can be achieved by purchasing Phoenix Auction Homes

for your next property rehab.

35671 North Mirandesa Dr. Queen Creek, AZ 85243

Sold at Trustee Sale : $77,000

Zestimate : $92,500

Real Estate Investment in Queen Creek is hot again as prices reach all time lows. Bid at Trustee Sales in Pinal County

by using our exclusive bid service.

REQUEST Application – Qualify 4 BID SERVICE

- Go to Contact Form - (480) 442 - 1001

GET Home Foreclosure List – BUY at Trustee Sales

- AZ Foreclosed Home, Condo, Property Lists - Trustee Sale

Resources – Foreclosures & Arizona Trustee Sales

- Anticipating a Phoenix Market Recovery & Cash Flow Rental Properties

- 90-day Property Flipping Rule Waived by HUD; 1 year lift beginning Feb. 1st

- Phoenix Metro Median Home Prices Stable, Resale Volume Highest in 2 years

- Power-House Flipping – Re-sell 28 of 31 Homes Purchased at Phoenix, AZ Trustee Auctions

- Dec. 2009 Spike in Foreclosures, Seek out Investment Rental Homes Calculating Solid Caps

- U.S. Job Loss Slows in Jan. - Market Showing Signs for Stabilizing

- Obama Administration Pushing Short Sale Transactions in an Attempt to Curb Foreclosures

- Obstacles for Home Flippers and the FHA Seasoning Rules

Foreclosure Auction Results of Trustee Sales - Phoenix, Maricopa County

Wholesale Properties in AZ

Foreclosure Property Investments – Auction TIPS

1. First and foremost, find a source that is providing foreclosed property listings with 'comprehensive' information, and develop a system for filing.
2. Filter through the properties locating the real estate with built in equity. What is owed? Are there any junior lien holders?
3. Investigate the neighborhood comparables, comprise a list map, then get in your car and visit the properties.
4. Set your maximum bid price. This sounds simple and straightforward, however the fast-paced action of the bidding process can cause the most reserved person to hastily over-compete for a not-so-great piece of property.

Arizona Notice of Trustee Sales – LIVE Auction Bidding Process

1. 90 days has passed since the Notice of Trustee Sale is issued. Prior to sale, the Trustee establishes the opening or minimum bid to be accepted at auction by referring to the calculated Credit Bid Statement prepared by the respective Beneficiary.
2. On the 91st day, said property is put on the auction block. All bidding is open and verbal. $10,000 cashier check in hand is required by all parties bidding.
3. Highest bidder must present the funds in total to the Trustee by 5pm of the next business day in order to gain title.
4. Acceptance of funds results in the recording and conveyance of a Trustee's Deed; funds are disbursed to the Beneficiary.