According to Zillow, there are roughly 3,000 homes which are foreclosed or in pre-foreclosure. This high number, caused by years of financial hardship across markets and specifically in Arizona’s real estate market, give potential buyers a lot of options and a lot of power. Banks need buyers, and that can only work in the favor of future homeowners.
Sound Advice for Buying a Foreclosure
January 23, 2012 by
Quite naturally, anyone with a bit of cash to spare these days is going to be attracted to some of the big bargains on offer when they look around at all of the foreclosures in their area. But while there’s definitely potential to make money with this kind of investment, a foreclosure transaction can be quite a tricky hurdle for those who are new to this game
