Phoenix, Foreclosure Real Estate Statistics

THE FAT LADY HAS SUNG AND SHE IS HEADED TO THE NEAREST
CHINESE BUFFET

Phoenix, AZ Bank Foreclosures
Phoenix Bank Foreclosures
Bank-owned foreclosure properties accounted for 65.6% of the sales in February 2009! WOW 65%!! Not sure about you, but this HAS to mean these are smoking deals and people do not want to miss out on the opportunity. Many people are under the impression that these homes are being purchased by large investment companies with fat pockets paying cash. This is NOT true!! Banks are lending money to buy bank foreclosures! TAKE ADVANTAGE OF THE FHA/VA Bank foreclosure lending options right now! 30% of the sales were with FHA or VA financing. You have the opportunity to receive a HUGE $8,000 refundable tax credit (or up to 10 percent of the purchase price) for first-time homebuyers


We have seen a huge shift in the numbers of Days on Market for Arizona Foreclosures. Fact being Phoenix Bank Owned homes are selling FAST!!! Average DOM is 80 days!
Pending sales are at the HIGHEST level they have been since 2005!! Now tell me this is not a flippin’ buyer’s market! HAHA IN YOUR FACE I WILL SAY! (In a totally nice way of course!) Arizona Foreclosures are selling at rapid speed escalating what I have been trying to tell you is a buyers market! The pending sales for this year ARE HIGHER than 2008, 2007, and 2006. Phoenix Foreclosures are selling at the speed of 2005 levels, except that prices are MUCH lower. (YOU ARE WAITING FOR WHAT??) Again, TELL ME THIS IS NOT A BUYER’S MARKET! I will send you the graphs to prove otherwise! (And then laugh in your face! This time probably not as nice but more out of pity for those, “Waiting”) As of TODAY! There are 10,750 properties under contract, WOW!


Not only are the number of pending sales, enough to make your grandmother shake her booty like Beyonce’, but the price per square footage averages at $89.00 per square foot!! This is THE LOWEST PRICE PER SQUARE FOOT SINCE 2000!!!!! Now you fear the HAHA in your face!
These numbers make me think only ONE THING! The fat lady has officially sung, and she is headed to the ALL YOU CAN EAT BUFFET! Her job is done!


For additional graphs and statistics on the Phoenix Foreclosures and to receive updated foreclosure lists. Please visit our website or subscribe to the blog!

Inside Information Bank Foreclosures

We are receiving new listings at a steady rate but are seeing buyer’s buy at a RAPID rate!

Down Payment Assistance Program

Neighborhood Stabilization Program (NSP)

Homeownership Assistance Fact Sheet

NSP Program Overview

As part of the Housing and Economic Recovery Act (HERA), passed by Congress in July 2008, $3.92 billion was provided to communities hardest hit by residential foreclosures and mortgage delinquencies. The city of Phoenix received $39,478,000 in Neighborhood Stabilization Program (NSP) funds to help families purchase foreclosed homes at a discount, which in turn helps stabilize neighborhoods. NSP Homeownership Assistance funds are for down payment and closing cost assistance for eligible homebuyers.

Homeownership Assistance Description

The NSP Homeownership Assistance Program provides a $15,000 loan for down payment and closing cost assistance for buyers of foreclosed homes anywhere in the city of Phoenix. The full amount of the loan is paid back to the city when the homebuyer sells the home or refinances. The program targets foreclosed single family homes, townhouses and condominiums (condo conversions are not eligible) that meet HUD Housing Quality Standards (HSQ). The Homeownership Assistance program is for down payment and closing cost assistance only and cannot be used to fund rehabilitation activities.

Eligible Homebuyer

Eligible families can earn up to 120 percent of area median income (AMI), which is based on family size. In determining a family’s income, all wages and salaries of all family members over age 18 are considered as well as other sources of income.

Scottsdale Arizona Free Online Search Service for Phoenix Arizona Foreclosures

SCOTTSDALE, Arizona—Evan Carr currently has relationships with over 25 Bank Owned Asset Managers. We have seen a surplus of Arizona foreclosure buyers seeking the best website to receive Arizona Bank Owned Listings. We have partnered up with the top rated web designers at www.blueroof.com. They have achieved world renowned success with their simple and efficient MLS search in Salt Lake City, UT. We have created a Scottsdale Arizona Foreclosure search site with the help of their tech savvies. The best news is, you don’t have to register unless you want to receive text messages when a new foreclosure becomes available, or an email with custom neighborhoods. And IT IS ALL FREE!

The Scottsdale Arizona based Foreclosure specialist Evan Carr, not only has properties in Scottsdale Arizona but Bank Owned Homes in the entire Maricopa County. The website provides you with a direct access feed to the MLS updating properties instantly to guarantee you have the opportunity to see foreclosures as soon as they hit the market! With the overwhelming number of Arizona Foreclosure buyers, we are now more than ever seeing the significance of having Phoenix Bank Owned Homes insider information. www.Evancarr.com will provide you with the tools to view homes, instantly see comparable homes, see street views of homes with live pictures, schedule a showing of a property, and make an offer! And ALL FOR FREE!

Evan has recently teamed up with a client relations marketing manager whose only job is to answer any questions a Phoenix Foreclosure buyer has. Danielle is available any time with a smile on her face and will go above and beyond to ensure your Arizona Bank Owned questions are answered completely. Feel free to email, text, or call her. She will
be there every step of the way for you. Whether it is setting up a showing, emailing you additional pictures, setting up a custom Foreclosure search, she will do it ALL! And since the Banks are the ones paying for our services our clients receive it FREE-of-charge. You do not pay a SINGLE DIME! Why do ALL of the leg work by yourself?? Save the headache of driving around aimlessly calling sign after sign with REALTORS never answering their phones!

While Evan does have over 100 Phoenix Bank Owned properties, we will provide you with EVERY Bank Owned Foreclosure that is available in Arizona! We want to ensure you find exactly what you are looking for and are provided with the best tools to do so! Every Arizona Bank Owned property is instantly updated via the MLS which is a service previously only available to licensed REALTORS.

Another exceptional characteristic of searching for Phoenix Foreclosures on www.Evancarr.com is if you would to go and see a property today, click the “View Property” button and it will instantly text message us the information! We will ensure we get you into the home ASAP to make certain the home is not sold to another buyer without allowing you the opportunity to view it first.

Call, Email, or Text us TODAY to find out more about our exciting new website and pass along the information to your friends!

Search Obama Foreclosure Housing Plan

How to find FHA/VA Loan

Who is Eligible
• The $8,000 tax credit is available for first-time home buyers only.
• The law defines a first-time home buyer as a buyer who has not owned a home during the past three years.
• All U.S. citizens who file taxes are eligible to participate in the program.
Income Limits
• Home buyers who file as single or head-of-household taxpayers can claim the full $8,000 credit if their modified adjusted gross income (MAGI) is less than $75,000.
• For married couples filing a joint return, the income limit doubles to $150,000.
• Single or head-of-household taxpayers who earn between $75,000 and $95,000 are eligible to receive a partial first-time home buyer tax credit.
• Married couples who earn between $150,000 and $170,000 are eligible to receive a partial first-time home buyer tax credit.
• The credit is not available for single taxpayers whose MAGI is greater than $95,000 and married couples with an MAGI that exceeds $170,000.
Effective Dates for the Tax Credit
• First-time home buyers would receive a $8,000 tax credit for the purchase of any home on or after January 1, 2009 and before December 1, 2009.
• To qualify, you must actually close on the sale of the home during this period.

Tax Credit is Refundable ***This is a good thing***
• A refundable credit means that if you pay less than $8,000 in federal income taxes, then the government will write you a check for the difference.
• For example, if you owe $5,000 in federal income taxes, you would pay nothing to the IRS and receive a $3,000 payment from the government.
• If you are due to receive a $1,000 tax refund from the government, your refund would grow to $9,000 ($1,000 plus $8,000 from the home buyer tax credit).
• You are allowed to claim the credit for a purchase in 2009 on your 2008 tax returns. Consult your tax preparer.

Types of Homes that Qualify for the Tax Credit
All homes qualify, Arizona Foreclosures, Arizona Bank Owned Homes, single-family, townhomes, condominium, and apartments will qualify, provided that the home will be used as a principal residence and the buyer has not owned a home in the prior three years. This also includes newly-constructed homes.
For more details on the tax credit, go to www.federalhousingtaxcredit.com



Maggie Clark
Business Development Manager
Scottsdale Branch
7975 N. Hayden Rd. #C280
Scottsdale, Arizona 85258
602-769-5565 Mobile
MaggieC@ETA-AZ.com

Today’s Scottsdale Arizona Foreclosure Listing statement of FORCLOSED/REO/Bank Owned properties in Maricopa County

March 2009




Arizona Foreclosed/REO/BANK OWNED LISTINGS
Although we try our hardest to update our Arizona FORECLOSED/REO/Bank Owned properties daily, sometimes we forget!

If you would like to receive an in depth Foreclosure Market analysis of your neighborhood email us your address.



Due to the overwhelming requests received at this time we can only provide detailed reports for the following Arizona cities only.
Ahwatukee Foreclosure Listings,
Avondale Foreclosure Listings, Chandler Foreclosure Listings,
Gilbert Foreclosure Listings, Glendale Foreclosure Listings,
Mesa Foreclosure Listings, Peoria Foreclosure Listings,
Scottsdale Foreclosure Listings,
and Tempe Foreclosure Listings reports.

Today’s Scottsdale Arizona Foreclosure Listing statement of FORECLOSED/REO/Bank Owned properties in Maricopa County 11,137. (Arizona Foreclosure /REO/Bank Owned properties are not considered closed until keys are delivered) 6748

Today’s Scottsdale Arizona Foreclosure Listing statement of FORECLOSED/REO/Bank Owned properties in Maricopa County 11,213. (Arizona Foreclosure /REO/Bank Owned properties are not considered closed until keys are delivered) 6700.

Today’s Scottsdale Arizona Foreclosure Listing statement of FORECLOSED/REO/Bank Owned properties in Maricopa County 11,263. (Arizona Foreclosure /REO/Bank Owned properties are not considered closed until keys are delivered) 6698.

Today’s Scottsdale Arizona Foreclosure Listing statement of FORECLOSED/REO/Bank Owned properties in Maricopa County 11,271. (Arizona Foreclosure /REO/Bank Owned properties are not considered closed until keys are delivered) 6776.

Today’s Scottsdale Arizona Foreclosure Listing statement of FORECLOSED/REO/Bank Owned properties in Maricopa County 11,174. (Arizona Foreclosure /REO/Bank Owned properties are not considered closed until keys are delivered) 6766.

Today’s Scottsdale Arizona Foreclosure Listing statement of FORECLOSED/REO/Bank Owned properties in Maricopa County 11,217. Of (Arizona Foreclosure /REO/Bank Owned properties are not considered closed until keys are delivered) 6457.

Today’s Scottsdale Arizona Foreclosure Listing statement of FORECLOSED/REO/Bank Owned properties in Maricopa County 11,104. (Arizona Foreclosure /REO/Bank Owned properties are not considered closed until keys are delivered) 6449.

Arizona Bank Owned Financing

Looking for a Bank Owned Foreclosure Mortgage?

Check Out the F.H.A.’s Rules






Article Tools Sponsored By
By TARA SIEGEL BERNARD
Published: March 4, 2009

The Federal Housing Administration used to be known as a place for low-income borrowers with tarnished credit histories. But now, it has become a destination for borrowers whose credentials are respectable, but not stellar.

To qualify for the best interest rates on a new or refinanced mortgage, you need to have a top-notch credit score and a substantial down payment or home equity. But if you have less than perfect credit and less than 20 percent in home equity, an important threshold, you’ll have to pay a lot more. And that’s why many of those Arizona Foreclosure borrowers are turning to the F.H.A.

The F.H.A. requires down payments of only 3.5 percent and has less stringent credit requirements than conventional mortgages backed by Fannie Mae and Freddie Mac, the two government-controlled assistance finance companies. F.H.A. mortgages also have become one of the least expensive alternatives for new mortgages and refinancing, given the increase in fees tacked onto traditional loans.

“Just about anyone that is putting down less than 20 percent needs to consider F.H.A. financing,” said Joe Rogers, executive vice president of Wells Fargo Home Mortgage. “That doesn’t mean they need to take it, but they should consider it.”

The F.H.A., which was created during the Great Depression, does not make loans, but insures mortgages that meet its guidelines. Because the F.H.A. is the only viable option for a lot of people, its loans now account for a much larger percentage of all mortgages. In 2005 and 2006, at the height of the housing boom, only 1.8 percent of all mortgages were F.H.A.-backed, according to Inside Mortgage Finance. Last year, that number ballooned to 17.1 percent. The F.H.A. now insures 4.8 million USA Bank Owned mortgages worth about $550 billion.

Historically, F.H.A. loans carried a certain stigma. They were viewed as hard-to-obtain loans for low-income consumers with checkered credit histories and small down payments. They also tended to be more expensive.

But in the current market, the opposite is often true. Qualifying for a regular mortgage has become more expensive, sometimes prohibitively so, given the many fees that are now layered onto conventional loans backed by Fannie Mae and Freddie Mac.

The fees are generally levied on borrowers deemed to be more risky. The charges depend on your credit score and the amount of money you’re borrowing relative to the value of your home. But they tend to hit people with credit scores under 700 and less than 20 percent in home equity. Carrying a home equity loan may result in extra fees, as will taking cash out of your home when you refinance.

F.H.A. Loans borrowers won’t avoid mortgage insurance, but they will escape the extra fees, lenders and mortgage brokers said. And that’s why, for many families, the F.H.A. program has become the most economical option.

If you’re having trouble securing a mortgage or refinancing an existing loan, here’s what you need to know about the F.H.A’s program:

ELIGIBILITY Borrowers need to prove that they have sufficient income to meet their monthly mortgage payments.

Generally speaking, your payments, including taxes and insurance, should not exceed 31 percent of gross income. When you include car payments, student loans and other obligations, your total debt shouldn’t exceed more than 43 percent of gross income. But these thresholds are only guidelines. So if you have a larger than required down payment, or a good amount of money in the bank, you may be able to bend these rules.

The F.H.A. doesn’t impose any income limits or credit score minimums, but people with credit scores below 500 must have at least 10 percent of equity in their home to be eligible. (The average F.H.A. borrower has a score of 640.)

But to keep default rates down, many F.H.A.-approved lenders have recently started to impose their own credit score minimums — above and beyond the F.H.A’s. guidelines — and are requiring more stringent income documentation. Clearly, they’re trying to protect themselves: if a particular lender’s default rates exceed neighboring lenders, they can be audited and even removed from the program.

“In the last month and a half, there has been a dramatic increase in the minimum credit score required,” said Michael Moskowitz, president of Equity Now, a New York mortgage lender that makes F.H.A. loans. “Some went to 580 and others went to 620.”

COSTS Whether an F.H.A. loan will cost less depends on your personal situation. Currently, however, borrowers with credit scores less than 700 with less than 20 percent in home equity often come out ahead with F.H.A. loans. At the very least, lenders and brokers say it pays to compare the costs of an F.H.A.-insured loan versus a conventional mortgage if you fit into this category.

Generally, an F.H.A. loan’s total costs — including the interest rate and mortgage insurance — become less than a traditional mortgage’s costs as your credit score and home equity declines.

In these times of bank foreclosures, bank auctions, bank owned homes, and obtaining a loan in Arizona. F.H.A may be the exact route you were looking for. To find out more shoot us an email and we would be more than happy to email or call you to go over details.

How to buy a HUD HOME/ BANK OWNED HOME

Anyone can purchase a HUD Home as long as you have the cash to purchase the home or you can qualify for an FHA loan to purchase it. HUD Homes are sold through a bid process and you having a qualified Realtor to guide you through the process is a MUST HAVE.

HUD Homes and Foreclosures are sold ''as-is,'', without warranty. That means that HUD and Bank Owned will not pay to correct any problems. But even if a HUD Home needs fixing up - and not all of them do - it can be a real bargain! For example, HUD's asking price on the home will reflect the fact that the buyer will have to invest money to make improvements. HUD might offer special incentives such as an allowance to upgrade the property, a moving expense allowance, or a bonus for closing the sale early. And keep in mind that on most sales, the buyer can request HUD to pay all or a portion of the financing and closing costs. Your bank foreclosure agent will have all the details in negotiating the most efficient and effective bank owned contract.


Start your HUD or Bank Owned Home buying process by finding a Bank Foreclosure Realtor. Your real estate agent must submit your bid for you. Normally, HUD Homes and Bank Owned homes are sold in an ''Offer Period.'' At the end of the Offer Period, all offers are opened and, basically, the highest reasonable bid is accepted. We have seen homes go way below asking price, to over 20K of asking price. Our advice as a bank foreclosure agent is to submit your "highest and best" offer, FIRST! We are seeing and hearing from FAR too many buyers the old, "I wish I would've". We hate to say, "I told you so." BUT WE DID! If the home isn't sold in the initial Offer Period, you can submit a bid until the home is sold. Bids can be submitted any day of the week, including weekends and holidays. They will be opened the next business day. If your bid is acceptable to HUD, your real estate agent will be notified, usually within 48 hours. You'll be given a settlement date, normally within 30-60 days, by which you need to arrange financing and close the sale.

To view listings of HUD Homes, Bank Owned Homes, Arizona Foreclosures, or to find Foreclosure real estate agents, please visit the following web site: http://www.evancarr.com

Information provided from http://www.hud.gov/offices/hsg/sfh/reo/reobuyfaq.cfm

HUD HOMES

For Release
Thursday
March 5, 2009

HUD BANK OWNED AWARDS $12 MILLION IN GRANTS

WASHINGTON - The U.S. Department of Housing and Urban Development today awarded nearly $12 million in grants to 207 public housing agencies across the U.S. to help public housing residents find jobs that lead them toward economic independence. For information on local funding, visit HUD's website.

These loans are available for Arizona Foreclosures, Bank Auctions, Foreclosures, REO’s, and Bank Owned homes. The grants are provided through HUD's Public Housing Family Self-Sufficiency Program, which enables public housing agencies (PHA) to hire program coordinators who work directly with residents to connect them with local education and training opportunities; job placement organizations and local employers. The purpose of the program is to encourage local innovative strategies that link public housing assistance with public and private resources to enable participating families to increase earned income; reduce or eliminate the need for welfare assistance; and make progress toward achieving economic independence and housing self-sufficiency.

"As America prepares to meet the growing challenges brought on by rising unemployment, it helps to have a helping hand guide individuals to training and job opportunities in their community," said HUD Secretary Shaun Donovan. "These grants will help public housing residents find employment or assist others who want to increase their earning power."

Public housing residents sign a contract to participate, which outlines their responsibilities towards completion of training and employment objectives up to a five-year period. For each participating family that is a welfare recipient, the PHA must establish an interim goal that the participating family be independent from welfare assistance prior to the expiration of the contract. During the period of participation, residents may earn an escrow credit based on increased earned income, which they may use in a variety of ways, including continuing their education or down payment toward a home purchase. A HUD study showed low-income families who participated in a similar HUD family self-sufficiency program saw their incomes increase at a higher rate than non-participants.

Buffalo Bills Introduce WR Terrell Owens

WOW!!! To those of you first reading the blog, I am a HUGE NFL sports fan! It is amazing with all of the bank foreclosures and bank owned homes the salaries these boys are earning! I have been a season ticket holder of Arizona Cardinals since 1988! (No jumping on the bandwagon here!) This is HUGE news, and Terrell Owens should be a good fit for the Bills, Mainly because I am happy he is not here with the Cardinals!! Stay tuned for more drama within the NFL!

March 5, 2004. The topic is Terrell Owens. The expert is Dr. Harry Edwards, the noted sociologist and longtime consultant with the San Francisco 49ers.

"This young man has never had one iota of trouble with women, drugs, violence, anything like that," Edwards tells the Baltimore Sun. "You're not going to get that with Terrell. What you are going to get is the kind of behavior on the field that his generation celebrates. It's cultural. You're not going to change it. ... You just have to manage it. Terrell is not of the same generation as Lynn Swann and Jerry Rice. He is of the generation of Randy Moss..."

NFL.com Video

NFL Total Access counts down the top 10 moments of Terrell Owens' career.

Generation of Randy Moss.

And now in the same division as Moss.

With T.O.'s arrival in Buffalo, the AFC East has become the landfill of past and present problem star wide receivers. This is the division where Al Davis, the ultimate risk taker, backed up the Silver and Black dump truck and dropped the then-30-year-old Moss into the laps of the New England Patriots -- the same Patriots organization that wouldn't touch Moss with a 10-foot down marker when he came out of college in 1998.

Not even Davis could put up with Moss, which is saying something. The Oakland Raiders got just a fourth-round pick from the Patriots and used it on a University of Cincinnati cornerback who has one tackle in two years.

Meanwhile, a revitalized Moss led the world in touchdown receptions and 40-plus-yard catches as the Patriots came within a David Tyree miracle of a perfect season. They're 29-6 in Moss' two years in New England. And he's been a model football citizen.

Owens' career is where Moss' was two seasons ago: in question, in transition and a bit in shambles. Moss was smart enough to realize he was running out of chances. Will Owens?

The Bills will be Owens' fourth team in seven years. Owens couldn't even survive in Dallas, where Cowboys owner Jerry Jones -- T.O.'s personal enabler -- was convinced to hit the eject button after three non-playoff, controversy-drenched seasons.

Jones insists that he didn't cut Owens because of anything T.O. said or did. He cut him, Jones recently told the NFL Network, because it was a "strategic move relative to personnel."

Oh, I see. A strategic move relative to personnel. Jones simply wants to integrate wide receiver Roy Williams, who cost the Cowboys a first-, third-, sixth- and seventh-round pick, as the centerpiece of the passing offense. Jones loves Owens. Really. But he's got Williams and, you know, it just wasn't going to work out with T.O. and Roy on the same field.

It makes perfect sense, except the part that doesn't -- which is pretty much anything that comes out of Jones' mouth relative to T.O.

Jones can spin it any way he wants, but it really comes down to this: Owens' numbers and skill set are tracking downward and he wasn't worth the trouble anymore.

In other words, T.O., he's just not that into you.

For Jones to say he took about a $9 million salary cap hit because there wasn't a place in the starting lineup for both Owens and Williams is beyond dumb. So that means Jones would break up Larry Fitzgerald and Anquan Boldin, Brandon Marshall and Eddie Royal, Marques Colston and Lance Moore, Santonio Holmes and Hines Ward and Wes Welker and Moss? Of course not.

Owens is an ex-Cowboy for pretty much the same reasons he was an ex-Philadelphia Eagle: He thinks the NFL revolves around him, not the other way around. Cultural, generational & whatever, Owens' way isn't working. I would have cut him too, but I at least would have been honest about it.

Owens is five years older (35), slower, perhaps even more damaged goods than Moss was in 2007, but he has the same golden opportunity, probably his last, to do what The Freak did with the Patriots: put an icepack on his ego and let the swelling go down.

In Buffalo, the second-smallest market in the league, Owens can rehab his reputation in relative quiet. No Ed Werder there. He can burn off his image warts. He can reinvent himself the same way Moss reinvented himself under Bill Belichick and the no-nonsense, we're-all-accountable culture of the Patriots.

The Bills aren't the Patriots. They don't have the kind of infrastructure that comes with playing in four of the past eight Super Bowls and winning three of them. Buffalo hasn't reached the playoffs since 1999 and hasn't won a postseason game since 1995. So they're willing to take a flier on Owens (a one-year deal worth $6.5), as opposed to the Patriots, who signed Moss for about $3 million in salary and inserted a conduct clause in the contract.

Moss had character issues coming out of college. And while with the Minnesota Vikings, he pretended to moon opposing fans, confronted a traffic officer, left the field before the end of a game, verbally abused game officials, squirted water at a side judge, said he didn't think the Vikes would reach the Super Bowl and once announced, "I play when I want to play." As a Raider, Moss openly criticized the franchise.

Owens warred with his quarterbacks at San Francisco (Jeff Garcia) and Philly (Donovan McNabb), and cracked wise about Tony Romo's girlfriend, Jessica Simpson. He spat in DeAngelo Hall's face. As a 49er, he once danced on the Cowboys' logo. He clashed with Dallas coaches, including Todd Haley, Bill Parcells and Jason Garrett. He implied there was a conspiracy between Romo, tight end Jason Witten and offensive coordinator Garrett. He fell asleep in team meetings. He wept during postgame interviews. He dropped passes. He helped fracture locker rooms.

Now here he is in Buffalo of all places, saying he plays for "North America's Team." From the Big D to the Little B.

But there's hope. Moss pulled out of his career nosedive and landed softly on New England's runway. If Owens is smart -- a big if -- he'll use Moss as his flight instructor.

Gene Wojciechowski is the senior national columnist for ESPN.com. You can contact him at gene.wojciechowski@espn3.com.

Arizona Countrywide Foreclosures

Countrywide's Arizona Bank Foreclosure's are FINALLY showing LESS LISTINGS AND MORE SALES!








We have seen a tremendous decrease in recent activity from Asset Managers, and a HUGE increase from First Time Home Buyers, and Investors!

The number of foreclosures held by Countrywide in Arizona went down by about 200 homes from over 1200 to less than a 1000 within the past month. These numbers and graphs are showing tremendous change based on Evan's extensive knowledge in the bank owned, foreclosure homes industry.


We have seen investors, first time home buyers, newlyweds, college students, etc. coming from EVERYWHERE to buy! Arizona Bank Owned Homes asking price has dropped more than 50% from 2007.

Don't be a part of the "I wish I would've club!" NOW IS THE TIME TO BUY ARIZONA FORECLOSURES!

Arizona Bank Owned Homes

Here is a list of Arizona areas we have bank owned foreclosure homes.

Ahwatukee Foreclosure Real Estate- Bank Owned Apache Junction Homes- Avondale Lender Owned Homes- Buckeye REPOS – Carefree Pre-Foreclosure real estate – Cavecreek real estate auctions- Chandler REO- El Mirage Foreclosure- Fountain Hills Bank Owned-Gila Bend Lender Owned-Gilbert foreclosures-Glendale Bank owned-Goodyear auction-Guadalupe Foreclosure Homes-Litchfield Park Bank Owned Homes-Mesa Foreclosure homes- Paradise Valley Foreclosure real estate – Peoria Bank owned real estate-Phoenix free foreclosure list-Queen Creek bank auction homes-Scottsdale real estate foreclosure-Sun City foreclosure listings-Surprise bank owned auctions-Tempe free foreclosure list-Tolleson bank owned auctions-Wickenburg foreclosed homes-Youngtown short sales

For an in-depth market analysis of Arizona bank owned foreclosure properties currently available or not yet listed just shoot us an email or give us a call!

Bank Owned Homes Extreme Make-Over Addition

Current investing Arizona foreclosure home buyers are in the market specifically for bank owned homes. Thinking to themselves, I look forward to tackling a "fixer-upper". Why? They might be in the construction trade, maybe they’re just handy, perhaps they have watched too much HGTV and are enthralled with the idea of making over a house. (Extreme Home Makeover gets the best of us ALL!) Ask my husband how many boxes of tissues and cans of paint emerge after watching an episode!

What bank homed buyers naively believe is that if they are willing to do some improvement projects that they will pay far less than they might have paid for a home that is move in ready. However with the number of homes available do not be misinformed thinking that bank owned homes are ALWAYS going to need work!



Fixer Uppers, or Fixers as some people call them, are not for everyone. There is a lot of appeal in a home that is spic and span and ready to go. We once had a client very soberly explain, “Our first house was a fixer upper. We thought we were fixer-upper people, it turns out that we’re not.”



Here is the problem with many homes on the market that need work, (They are still on the market!) The reason they are still available is usually clear as day. Bank Owned Homes that are priced aggressively, SELL FAST. As we try to educate each one of our bank owned foreclosure buyer's ACT NOW NOT LATER!








We will have several new listings within the next few days, keep in touch!

Danielle A. Gregorich

Client Relations Marketing Manager
Cell:480-332-8226
Email: Danielle@Evancarr.com
Free Foreclosure Listing Search WWW.EvanCarr.com






Now a proud Mama moment!

Rylan and Mom at this adorable restaurant called "The Farm".

They have picnic tables set up outside with over sized trees and a wonderful lunch menu!