Posts tagged as:

foreclosure

I had two phone call back-to-back this week.  Both potential buyers said that they only wanted to look at short sales and foreclosures Scottsdale. While I tried to explain the realities of the current Scottsdale real estate market, I don’t think that buyers understand just how few houses are for sale, and how many buyers [...]

Buying an Bank Owned Property

by Dru Bloomfield on October 7, 2009

You’ll either laugh or cry! Buying a bank-owned home in Phoenix can be a contact sport. Kris Berg at San Diego Castles Realty created the following video to put it all in perspective!  ☺

Foreclosure bubble over in Phoenix Metro?

by Dru Bloomfield on May 31, 2009

I just published a post over at Click2AZ.com on the current foreclosure situation in the Phoenix Metro area.  Mike Orr at the CromfordReport.com has done some number-crunching to keep us in the know. Is the REO bubble over in Phoenix?  .

Phoenix Real Estate Auction Starts Today

by Dru Bloomfield on May 16, 2009

photo credit: TheTruthAbout… The real estate auction company, Hudson & Marshall, is in town this weekend, for an auction of foreclosed properties to be held at the JW Marriot at Desert Ridge.  We had a 2 bedroom single family home listed that the bank entered into the auction about 2 weeks ago.  Several pre-auction offers came [...]

What can you say?

by Dru Bloomfield on April 17, 2009

Here’s a couple photos of a foreclosure property in Phoenix. And a view from the upstairs loft. Photo credit: D. Patrick Lewis   What can you say? Mostly we are speechless. If you are buying a bank-owned home, please, please, please, do yourself a favor and get a home inspection.

Phoenix Renters: Help for Avoiding Foreclosure Homes

by Dru Bloomfield on April 12, 2009

I got an email from someone this week, asking for some advise. Her friend had just come home to her apartment building to find an trustee sale notice on it. The sale is in May, and the renter is totally panicked about finding a place to live. I just stumbled across this article, ” Firm [...]

Scottsdale Real Estate – Out of Sync?

by Dru Bloomfield on March 9, 2009

photo credit: Dru Bloomfield – At Home in Scottsdale  I’ve been pretty quiet on the blog-front this past month and a half.  However, it’s been six weeks of massive action, and an introduction to the world of bank-owned (REO) properties, where the majority of home buying and selling appears to be occurring in the Phoenix metropolitan [...]