Short Sale Listings
Peoria AZ Foreclosures Tempe AZ Foreclosures Phoenix AZ Short Sales Surprise AZ Short Sales Chandler AZ Foreclosure
Often times, short sales allow for the home to be purchased at the lowest overall price.
How can that be you ask....? For a number of reasons. When a bank takes back a property in a foreclosure, they incur the following costs:
- Legal Fees to Complete the Foreclosure ($10K to $40K)
- Banks must now pay the Property Taxes
- Casualty insurance must be purchased for the property
- Utilities must be turned on so the bank's Realtor can show the property
- Repairs may need to be made to make the property salable.
- Maintenance and Upkeep may be required
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