Desert Vista Estates Homes for Sale List
Desert Vista Estates Homes for Sale Currently Active
Desert Vista Estates Homes for Sale are located in our Arizona Homes for Sale search area. Search yourself or call an Arizona real estate agent at RCP. You can e-mail or call us for showings on any property.
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Arizona Short Sales
What are Arizona short sales and should I consider them?
Arizona short sales are like other transactions in many ways. Let’s focus on the differences between a regular real estate listing and a short sale listing.
A “Short Sale” is when a homeowner and a bank cooperate and agree to sell a piece of real estate for less than what is owed on the lien or mortgage. Usually this takes place when there is a good reason why the current owner can’t continue to make the payments or pay the difference between the mortgage and the selling price. Why would a bank take, as a payoff, anything less than what they are owed? The same reason credit card companies do, some money is better than less money down the road. If a bank were to say no to a Arizona short sale and decide to play hardball, their only other recourse would be foreclosure. This would mean:
1. More time not getting paid.
2. A house that is empty and not being taken care of and possibly vandalized.
3. Lawyer and trustee fees
4. Holding cost to upkeep the property
5. Closing costs, and they still need to pay the Realtors, title agencies, cleanup crews, rehab costs, etc.
Arizona short sales can be a big no-brainier for banks, however, some banks get the concept better than others and try to streamline the process. While other banks bury their head in the sand and foreclose. Obviously, we don’t see the entire picture. I’m sure banks have their reasons for not doing Arizona short sales. Even with streamlining, short sales can take months to get approved as the bank must qualify the seller for the short sales, approve the asking price by getting an appraisal, and dot all the I’s and cross the T’s. Not all Arizona short sale agents are the same. Call us at RCP.
Are you looking for Pinal county foreclosures and Maricopa county foreclosures?
RCP can help with your Pinal county foreclosures and Maricopa county foreclosures search!
Pinal county foreclosures and Maricopa county foreclosures are a goldmine for investors. RCP has the most comprehensive and up to date real-time Arizona homes for sale search tools; however, we also have foreclosures search tools as well. Contact us to be subscribed to our foreclosure properties list, updated in real-time. Our agents are the best real estate agents in Arizona and we offer bidding services for our clients. Pick up a foreclosed property, buy and flip, or buy and hold. Foreclosure auctions are very time consuming and with less than a day to view the property it can be hard to find the right properties, but with RCP’s bidding service we can send you photos of our walk-through and give you something to look at while placing your bid. Pinal county foreclosures are becoming more popular, but still much less competitive than Maricopa county foreclosures which have always been plentiful for foreclosure investors since 2007. RCP: the best Arizona real estate company with the best search tools available! Call or e-mail for more info. Pinal county foreclosures and Maricopa county foreclosures.
Mesa Investment Property
Buying Mesa Investment Property
Mesa investment property can be very rewarding. There are a few different types of Mesa investment properties depending on the type of investor you are. If you are out of the state or out of the country, you will probably want a property management company to handle the day to day items. If you are looking to buy and flip, there is no need for property management, however, you want to buy and sell for the right price and in record time. Mesa investment property is broken down into:
Single family: A regular house used as a rental, or bought to fix up or remodel and flip to a new buyer.
Multi-Family: More than one unit or building, i.e duplex, tri-plex (3-plex), four-plex, or bigger.
Commercial or Industrial: Retail, restaurants, office spaces, medical offices, etc.
There are many opportunities in Mesa investment property. Investors from Canada and right here in the states are buying in historic districts and other areas at a fraction of what their resale value is. After a considerable remodel, they sell these properties for top dollar. Other investors are buying Mesa investment properties for their rental value. The rental market in Mesa is strong and single family homes can make a good return. Some of the best deals are being found in investing in multi-family real estate. These properties can provide an amazing CAP rate for your portfolio. Call RCP to explore your options.