Bank-Owned Bargains

Bank-Owned Bargains

Homes become bank owned when the owner stops making payments and the bank repossesses the home through the foreclosure process. Bank Forclosures can be in move-in ready condition or completely or somewhere in between the two and can often be purchased for less than a comparable home that is not a foreclosure. (To avoid a foreclosure, an owner may list his property as a short sale if he is unable to sell it for the amount he owes on it. In that case, the bank or lender has to approve the sale. These homes can often be the best value when you are represented by an agent like me who is skilled in handling the unique circumstances of a short sale.)

Click the links below for examples of bank owned properties that are priced to sell. For a more detailed look at bank-owned properties throughout the East Valley area, enter your criteria here.

If you would like to take advantage of the opportunity to buy a distressed property that is a short sale or foreclosure, please don't hesitate to contact me. You will receive, at no cost and no obligation, a computerized update any time a property that meets your criteria becomes available.

     Chandler Pecos Ranch 5 bedroom 2.5 bath 2672 sf $239,900

     Chandler, AZ 4 bedroom gated community 1839 sf built 2000

     Chandler AZ 6 bedroom 4 car garage 4333 sf Tucsan style home on 1.25 acres $634,900

     Desert Ridge Aviano Phoenix AZ home 4 bedroom 3728 sf 3 car garage $474,700

     Queen Creek Circle Cross Ranch 4 bedroom, loft, balcony, 3 car garage 3502 sf $154,900

     Gilbert, AZ White Fence Farms 1.3 acres horse property 3200 sf home 4 car garage, pool, $309,900

     Queen Creek Circle Cross Ranch 3502 sf, 4 bedroom, 3 car garage, loft, balcony