Phoenix, AZ Foreclosed Properties Lists – Next Day Auction Sale

On November 1, 2009

Get our daily list of foreclosed properties expected to be auctioned off at Maricopa and Pinal County Trustee Sales. These are real estate investment opportunities available for next day bidding…

Contact Don Juvan for a consultation at (480) 444-6110, or email him at don.juvan@alliancebidservices.com.  Don frequents trustee sale auctions across the Phoenix, AZ metro area, personally bidding and closing on single family homes and other real estate throughout the Valley (Scottsdale, Mesa, Tempe, Chandler, Peoria, Cave Creek, Glendale, Gilbert, Goodyear, Litchfield Park, El Mirage, Surprise, Tolleson, Sun City, Buckeye, Tonopah, Carefree, Fountain Hills, Gila Bend, Avondale, Paradise Valley, Wickenburg, Youngtown), as well as Pinal County, AZ (Apache Junction, Queen Creek, Casa Grande, Florence, Maricopa, Superior, Kearny, Eloy).

Click on the link below to download a list of available foreclosed properties for sale at next day trustee sales.
Daily List – Foreclosed Properties Selling at Auction – Next Day

Don meticulously evaluates foreclosed properties available in Arizona, offering his top real estate picks to clients and investment groups in which he has vested interest in. He can also get you hooked up with the right people offering 70/30 and 80/20 LTV Hard Money Loans.

We are in the process of listing homes available in our wholesale inventory, so please check back with us… We appreciate your patience while we are in site construction.

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Strategy for Investing – Foreclosure Auctions

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.

AZ Auction Process – Trustee Sales

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.