Passey Place Homes for Sale List
Passey Place Homes for Sale Currently Active
Passey Place 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.
See Why RCP Has the Best Arizona Real Estate Agent
The Best Arizona Real Estate Agent is Here to Assist You
RCP is committed to providing a 1st class real estate experience, being professional, and utilizing the most current data and technology. It is impossible to estimate how the real estate market will change; however, with data analysis and a little due diligence, value can be realized. Let the best Arizona real estate agents help.
Some home buyers already know exactly what they want and strictly work through our search tools, while others like a more traditional approach by utilizing the best Arizona real estate agents to do the searching for them and presenting them with a list of possible homes. Either way you like to search, at RCP, we can help. For Pinal county foreclosures and Maricopa county foreclosures, it works the same: you can search yourself or have us do it.
Set yourself at ease and know you will be well taken care of by the best Arizona real estate agents.
Thank you for taking the time to read about our company and real estate services! We love what we do and are confident that you will be happy and relieved that you chose to have us to help in your real estate transaction.
Mesa Investment Homes for Sale
Mesa Investment Homes for Sale Opportunities
What are the investors doing when it comes to Mesa investment homes for sale? Mesa investment homes for sale are found in a couple different ways.
First, there are small areas of Mesa that have an older year built date. Many of these properties are in good neighborhoods, but in poor or outdated condition. The trend is that people are buying these Mesa investment homes for sale and, often times, totally redoing the entire house from the walls to the roof. They are putting a considerable amount of money into these projects, however, they are still getting a great return on their investment.
Second, investors are identifying homes or multi-family units with a nice income to expense ratio. This is a longer term buy and hold type of investor, and this can be a great way to build long term and steady wealth. Many small investors will not venture into the multi-family arena because it is not in their comfort zone. This creates a unique opportunity for you to pick up great deals on Mesa investment homes for sale.
Call RCP for more details on buying Mesa investment homes for sale.