It is about time! Kudos Guaranty Bank. The simplest way to limit the supply is to eliminate it. Not only does it limit the supply, it detours future dilapidation and possible degradation.

Auction: February 28, 2009 Registration begins: 7:30am Commercial Property Auction: 9:00am Residential Property Auction: 1:00pm The HomeStyle Team with RE/MAX Achievers currently has 18 foreclosure homes in the upcoming RE/MAX real estate auction. The HomeStyle Team auction property list is as follows: ...

Image via Wikipedia Single Family Home Foreclosures 11,334 (Maricopa County, 10,897) Townhomes/Patio Homes 806 2-4 Multi-Dwelling Units 113 Click HERE for Maricopa County Price Range Report Click here to search the MLS

Let me preface this blog entry with the statement, “Foreclosures and short sales vary by state and this blog post pertains to Arizona only”  Please contact your local Realtor for the most up to date and current information. Arizona foreclosures aka Real Estate Owned (REO’s) are properties...

Image by respres via Flickr Sarah Reiter a Phoenix, AZ Realtor that specializes in helping buyers, investors, first-time homebuyers and veterans find the best deals in today’s HOT foreclosure market! Offers her Hottest Bank Owned REO Properties for REO PHX Blog readers. Sarah’s Most Recent...

In its last act as a semi-independent company, Fannie Mae altered mortgage guidelines for real estate investors last Friday. It was Fannie’s 22nd update this year. The first part of the guideline change limits the number of properties owned by any one person.  Fannie Mae will now decline any...

We’re glad you asked! REO stands for ‘Real Estate Owned’. Basically it is a foreclosed property NOT to be confused with Short Sale. The process of purchasing an REO is similar to a traditional transaction in many regards, however there are many points of interest to pay special attention...

It seems that there is a misunderstanding with Short Sales that pertains to the name itself. They are not short sales in regards to the time it takes to close on a purchase. Actually, they are quite long when compared to a traditional listing or foreclosure home for sale. A short sale is when a person...

Are you a speculator or investor? Great fortunes can be made and lost in real estate. William Doom Certified Mortgage Planning Specialists and Sarah Reiter REO Professional are committed, qualified and equipped to help you implement the seven keys to profitable real estate investment: Determine Level...