Foreclosure Education

• Buying Foreclosures
  
  Tucson Foreclosure Buying Education

  Tucson Real Estate is on sale right now; being driven by affordability – depending on the price range, builders cannot buy raw land and build a comparable house that competes with today’s prices.
  
  In these challenging times, whether you are buying a Tucson home as an investment or for your family, you want make sure your realtor understands specialized transactions like Foreclosures – we do!!
  
  * We specialize in selling Tucson Foreclosures, Short Sales and Bank Owned and/or REO Homes – we’ve processed millions in real estate transactions since we opened our doors back in the mid 1980s.

  * We have a team trained to handle these specialized transactions and will save you time and money leveraging our contacts and expertise dealing with REO Banks.
  
  

  Foreclosure Investors
  
  
  For Investors, we have access to buying homes in blocks which allow even better pricing – please visit our Investors page for more details.
  
  
  
  Foreclosure Auctions
  
  
  Heading to a Foreclosure auction? They aren’t what they are cracked up to be. As Banks typically build in reserve prices and your bid must meet or exceed this or you don’t get the home; read the fine print, the auction house and banks may also have the right to bid against you. We can find much better deals on the open market or via our own list of Foreclosure and REO Properties.
  
  
  Quick Read Foreclosure Terms
  
  
  A Tucson Short Sale occurs when a specific piece of property is sold and the Lender agrees to accept a fair market price that is less than what is owned on the property.
  
  Tucson Foreclosure Sale happens when a homeowner is unable to make a principal and/or interest payment on a mortgage and the lender seizes and resells the property.
  
  Tucson REO or Bank Owned Homes Sale (also called “Bank Foreclosure”) occurs after a lender has taken possession of a home and in most cases reselling it to recover the unpaid loan amount.

• Foreclosure Investing