Scottsdale bank owned homes for sale.
If you are like most buyers today looking for a great deal, then you must consider looking at Scottsdale bank owned homes for sale. The Scottsdale-Phoenix market was hit very hard with the real estate crash in 2007 and as a result there are been many great deals to scoop up over the past several years.
However, great deals on homes for sale in Scottsdale seem to be slowing down and there have been more buyers and investors buying bank owned and short sale properties over the last few years. It is very common these days to have multiple buyers bidding on Scottsdale bank owned homes for sale that sale prices are going above list price in most instances. If this trend continues then we could see a significant rise in home prices in the Scottsdale area. Good for sellers, but not good for buyers.
Buyers who are waiting on the fence for prices to come down and the mysterious shadow inventory that people have talked about for years to appear may never see that happen. We are seeing banks sell property these days in bulk to major investor companies and not place them on the market for the general public.
So if you are serious about buying a home, then the time maybe running out on finding the smoking deal on Scottsdale bank owned homes for sale. Give me a call today to learn more about the Scottsdale real estate market and the opportunities that maybe available on Scottsdale bank owned homes for sale at 602-620-2164 or email me at stephen@az-homes4u.com
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