Sonoran Highlands Homes for Sale List
Sonoran Highlands Homes for Sale Currently Active
Sonoran Highlands Homes for Sale are printed below and can also be viewed by doing a custom search. RCP can help with any Arizona Real Estate or Arizona Real Estate Agent questions. To see a property call us or send us an e-mail.
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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.
RCP’s Arizona Real Estate Listings
Our website is bursting with Arizona real estate listings!
Welcome to RCP, your easy to use Arizona real estate listings resource. You can Search MLS listings to find the newest and up to date in real time Arizona homes for sale, condos, townhouses, land, commercial and investment properties. We have dedicated property search pages for Arizona real estate listings for Arizona communities, Arizona foreclosures, and luxury Arizona and custom homes. Our website also features stats and charts displaying the current trends and sales data. We try to keep our Arizona real estate listings charts as up to date as possible to give you the best web experience available. RCP Realtors are professional, knowledgeable, and dedicated. We are the Arizona real estate resource with years of experience.
Whether you are buying or selling a home, choosing the best real estate agent is one of the most important decisions you can make in your real estate experience. RCP’s agents are dedicated and trained to provide a professional full-service real estate experience, with representation for buyers and sellers, commercial and residential. We are experts in the Central Arizona real estate market and surrounding areas including Maricopa, Gold Canyon, New River, and Florence. If you would like assistance searching or viewing a home or office, just call or email us at RCP.
Buying Scottsdale Foreclosures
Scottsdale is a huge city and there are plenty of Scottsdale foreclosures waiting to be bought. Scottsdale foreclosures sell daily at the Maricopa county auction. If you are looking to buy Scottsdale foreclosures, then you have a few things to consider.
Unlike areas like Queen Creek or San Tan Valley, which are comprised mostly of relatively new homes, Scottsdale has been around for a while, being comprised of a much older median house age. Why does this matter when buying Scottsdale foreclosures? There are a few less things to worry about in a new house than an older one. With Scottsdale foreclosures, you can’t always see the interior. This can be more risky to buy than an unseen house that is newer. With the newer houses, you can assume that it is up to code and if it is in a subdivision, you can further assume that similar construction techniques and exterior facades are similar. With an older non-tract house, there are many unknowns. So when it comes to buying Scottsdale foreclosures, just be aware and know your risk. To lower your risk, buy newer tract homes in good neighborhoods. For more risk and maybe a little more reward, go for the fixer-uppers. Scottsdale foreclosures can be very profitable. To further explore your options, call us today.