San Tan Sun Area homes auctioned Feb. 21; Open House Feb. 13-14
Zetabid, which bills itself as "the pioneering firm redefining home auctions in the U.S.," will sell approximately 200 bank-owned homes in the greater Phoenix area - including eight single-family homes in Chandler and five in Gilbert - on Sat., Feb. 21. The homes range from $20,000 to $800,000.
More than 1,000 first-time homebuyers, trade-up buyers and investors are expected to attend the auction at the Arizona Biltmore Resort and Spa at 2400 E. Missouri Avenue in Phoenix. Bidding begins at 10 a.m., and investors are encouraged to register in advance at www.zetabid.com. Buyers can also register at the Arizona Biltmore on event day, beginning at 8:30 a.m. Detailed information about each property is available at Zetabid's website.
Zetabid encourages buyers to view homes with a listing agent during its open house weekend, Feb. 13 and 14 from noon to 4 p.m. or by appointment. Buyers are urged to carefully inspect properties before bidding.
Prospective buyers can bid in person at the Arizona Biltmore or via Zetabid's worldwide Internet simulcast. Buyers can also bring their real estate agent to the auction event. Additionally, buyers can place an offer on a property before the auction by using the 'Buy It Now' form at www.zetabid.com.
"Arizona is one of the nation's most impacted residential real estate markets, and the sale of these foreclosed properties at Zetabid's auction will enable both consumers and investors to purchase homes at very attractive prices," says Bob Bellack, chairman of Zetabid. "Equally as important, this auction will help restore vitality to the local housing market by reducing the large inventory of unsold homes in the Phoenix area. Until these homes are put back into the hands of private owners, the entire Arizona real estate market won't fully recover."
For more information, visit Zetabid's website or call 888-4-ZETABID (888-493-8224).
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