Glendale Foreclosed Homes and Houses for Sale

Umpteen Choices in Flourishing City

Glendale real estate listings auctions presently feature a stupendous 4,128 foreclosed homes and houses for sale, at the median listed price of an affordable $186,000 only. The mere four new homes also scheduled for sale at the Glendale property auctions in the near future command a much higher asking price of $294,490. So, the prime reason for prospective homebuyers crowding the foreclosure auctions is clear even in this cursory snapshot of the Glendale real estate sector, viz. attractively discounted prices of the seized homes at the property auctions.

Glendale lies in Maricopa County, in the US state of Arizona. Arizona is among the top three US states to have been severely affected by the government foreclosures. Glendale’s claim to the sobriquet of “the Antique Capital of Arizona” has been lent support by such reputed magazines as Sunset and USA Today. Glendale plays host to the Arrowhead Towne Center mall, Midwestern {the first medical school in the Phoenix region} and the global business school, Thunderbird School of Global Management.

Glendale foreclosure auctions are drawing prospective homebuyers even from its suburban cities and towns. These include such places as Litchfield Park, Apache Junction, Mesa, Avondale, Peoria, Chandler, Scottsdale, El Mirage, Surprise, Goodyear, Tempe, Youngtown, Buckeye, Wickenburg, Carefree, Queen Creek, Cave Creek, Paradise Valley, Guadalupe, Fountain Hills, Gilbert, Gila Bend, Sun Lakes, New River, Rio Verde, Sun City, Anthem, Waddell, Arlington, Tortilla, Flat Circle City, Tonopah, Mobile, Palo, Verde and Morristown.

Real Estate: Trends & Ally

Glendale prospective homebuyers and existing homeowners cannot fail to draw hope from the new federal housing bill, which has come into effect from October 1, 2008. It provides for an interest-free federal grant of $7,500 to first-time home buyers. The bill envisages an expansion in FHA to cater to the requirements of the homeowners in these tempestuous market times. An outlay of $300 billion has been earmarked for refinance loans, to help citizens who are finding it difficult to cope with their present mortgage loans. The loan limits in traditionally high-cost areas are to be hiked accordingly. These measures are bound to positively impact all those involved with the real estate market in any manner. You may find it worth your while to also catch up on the contents of the following HUD website

Glendale real estate sector witnesses an important role by Linda Crawford, Elise Fay, Keller Williams and Rachel Yusupova, who are among the prominent property brokers working there. Hiring the professional services of a seasoned agent can help you substantially in maximizing your profit from the Glendale foreclosure auctions. A property broker usually receives compensation for her efforts from the seller. So, as a buyer, you get free consultancy that you can do with, especially if you are a first-timer at the property auctions. You should check that the agent you select has received the requisite certification from the real estate department. A good agent will care for your specifications, offer you pertinent advice, and remain available for any last-minute contingencies. The agent’s role remains crucial right from the selection of a home to finally closing the transaction.

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