Wholesale Property for Sale in Phoenix

On December 11, 2009

4624 E. Southern Ave Phoenix, AZ 85042

4624 E. Southern Ave Phoenix, AZ 85042


SOLD

Phoenix, AZ Wholesale Property

952 Sq. Feet
Built 1978

Wholesale Price – $59,000
Zillow Zestimate- $96,500

Nice home in Phoenix just 5 minutes from AZ Mills Mall. Central location with close access to I-10, highway 143 and US 60. Walking distance to Tempe Diablo Stadium. Home for sale with Anaheim Angels Spring Training just a block away!

Contact: Don W. Juvan

Phone: 480-444-6110

Email: don.juvan@alliancebidservices.com

This property is no longer available, please email or use the form below to request wholesale investment real estate listings in Phoenix.

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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.