Foreclosures the Phoenix Metropolitan Area

Welcome to the foreclosure section of the web site. Once a home owner enters into the lengthy foreclosure process, there is normally enough time (90 Days from notice) to try to sell the home either through the regular process or a short sale. If the home owner owes more on the home than the market value, the home owner has basically two choices. Either write a check at closing for the difference, or try a short sale and ask the lender to forgive the rest of the debt. If the home owner has a second mortgage, the lender of the second will normally require the home owner to sign a promissory note for the balance of the second. It is best in this situation to seek legal council from an attorney to explore your options.  

A home can be purchased at a trustee's sale, or through a short sale with the lenders approval or wait for the lender to take ownership and the buy it as a bank owned. Since so many short sales fail to close most buyers are now concentrating on Bank Owned homes. In this market you just have to be the high bidder on the home.

 You can search for homes currently in Foreclosure Status by clicking the below link. You can save your search and even save individual properties by clicking save and then creating a password protected account. Once you have created an account for your saved searches, you can scroll down to the bottom of my home page and log in to retrieve your searches. If you are ready for my assistance you can select the assistance request box under the link and fill out your information and I will be in touch to assist you in your search for the perfect property.  

All foreclosures in the Northwest Valley....Click here.....FORECLOSURES

All foreclosures in the South East  Valley....Click here.....FORECLOSURES