Copyright ©2008 O48 Realty of Phoenix. All rights reserved. BBD Designz

O48 Realty of Phoenix 1731 W. Baseline Road Suite 108, Mesa, AZ 85202, P:602.579.3888

Bank owned properties represent a large percentage of the available properties on the market today. And fortunately, that means great deals for buyers. Many bank owned properties sell for 20, 30, and even 40% below market value, providing buyers a great opportunity to position themselves for a future market rebound.

Buying bank owned properties can be a tricky process, which is why you need an experienced agent who not only lists bank owned homes for sale, but has closed bank owned transactions. Most of these properties are owned by banks outside the state of Arizona and are unfamiliar with Arizona real estate law. Because of this they use unfamiliar contracts, addendums, and disclosures to protect THEM, not YOU the buyer. With an experienced O48 Realty agent you will get representation that is concerned about YOUR best interest and getting you the best deal.

Bank owned properties come in all shapes, sizes, and condition. In fact, you wouldn’t want to touch some bank owned properties with a 10’ pole, but many others are actually beautiful homes in some of the finest neighborhoods around. Some are brand-new and have never even been lived in! One thing is for sure though, the bank owned properties in good condition, in good neighborhoods, that are priced well often sell in a matter of a couple days.

To help you find one of these homes, O48 Realty will create a customized search for you so you get an email alert the minute a bank owned home that matches your criteria becomes available. This is a free service with no obligation.

There are hundreds of beautiful bank owned homes available right now. So why not get started looking today?