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July 16, 2011

Phoenix Bank Foreclosures Offer Discount Homes

Filed under: Arizona Foreclosures - 16 Jul 2011

There are no shortages of bank foreclosed homes in Phoenix right now. Accordingly to RealtyTrac, there are currently 11,962 trustee foreclosure auction sales in the Phoenix area. There are also 23 online auctions scheduled. There are 9,377 REO’s (bank owned) …

December 10, 2010

Secure Cheap Deals in Foreclosed HUD Homes in Peoria, AZ

Filed under: Arizona Foreclosures - 10 Dec 2010

When borrowers with FHA loans default and their lenders foreclose, FHA pays the lenders and transfers ownership of the foreclosed homes back to HUD. HUD then offers them for sale to anyone who plans on residing in the property as …