Wholesale Property For Sale in Mesa

On December 9, 2009
909 N. Seton Mesa, AZ 85215

Alta Mesa Golf Course Home - Wholesale Price

Mesa, AZ Wholesale Properties for Sale

Mesa AZ golf property for sale way below market value for a wholesale investor. Alta Mesa Country Club is an exclusive membership only golf club in East Mesa. Large 2300 Square Feet, 4 bedroom 3 bathroom, Vaulted and 9 foot ceilings, 3 car garage. Located on the 6th fairway for a private but lovely view of the golf course. This Mesa, AZ investment property would be perfect as a rental home or quick sale for a nice return on investment.

Listing Price = $239,900
Wholesale Price = $199,900

Zillow Estimate = $227,000

Contact: Don W. Juvan

Phone: 480-444-6110

Email: don.juvan@alliancebidservices.com

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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.