BANK OWNED PROPERTIES IN VISTANCIA
There are currently 9 active Bank Owned Properties in Vistancia ranging in price from $142,500 to $449,900. The square footages range from 1820 to 4824 and the lot sizes range from 5,540sf to 19,787sf. The Bank owned Properties in Vistancia were all built between 2004 and 2006. The builder breakdown is Cachet (1), Engle (3), Maracay (2), Shea (2) and T.W. Lewis (1). There are also Bank Owned Properties in Trilogy at Vistancia which I will report on in future blogs.
Of the Bank Owned Properties in Vistancia, 2 have private pools. 1 has a basement, 5 have 3 car garages, 2 have fireplaces, 5 have North/South exposure, 4 are on corner lots, 1 is in a cul-de-sac, 4 are single level homes, None of the homes include all of the appliances and 3 homes list mountain views.
If you are considering Bank Owned Properties in Vistancia you should be aware of the realities of REO (Real Estate Owned) properties. They are seldom a rock bottom "steal". You have to keep a couple of things in mind; Once the foreclosure is completed, they are owned by a bank that is expected by their investors to do everything possible to minimize the loss the bank is taking. Additionally, we live in a supply and demand economy. If it is that great of a bargain, you will not be the only one pursuing the property. You should expect a highly attractive property to sell for a minimum of the list price and maybe even more. If you are interested in Bank Owned Properties in Vistancia, It would be wise to work with a REALTOR who can provide you with valuable research data that is critical in the negotiation process.
Robert & Julia Miller are REALTORS with Friedman Realty Associates. Along with their daughter Natasha, Robert and Julia live and work in the Master Planned community of Vistancia in NW Peoria, Arizona. Robert & Julia can be reached at:
Robert - 623-760-5582 - mteam96@cox.net
Julia - 623-734-3795 - Julsmiller1996@yahoo.com
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