Tempe, AZ Foreclosure Listings and Properties

Attractive Choices in Developing Locale

Tempe prospective homebuyers currently have a choice of 790 foreclosure listings and properties scheduled for auction in the coming days. The properties have a median asking price of a moderate $203,000. There are 927 other FSBO houses additionally on sale at the Tempe real estate listings auctions. These bear a median listed price of $265,000. It can easily be concluded from a comparison of the different median quoted prices that the foreclosed homes are being offered at an attractive discount of 20 percent over the prevailing market prices. The US government’s recent takeover of the mortgage giant corporates Fannie Mae and Freddie Mac has ushered in greater stability in the mortgage services. The declining home prices and home finance rates of interest have also rendered this an optimal market climate for buying properties.

The auctioneer of the seized home in Tempe is in over 40 percent of the cases a bank, and the others are severally accounted for by Fannie Mae, Sheriff, HUD and VA. These auctioneers are invariably trusted by the buyers and this inspired confidence causes their greater participation in the foreclosure auctions. The seized homes include the entire gamut of property options that might possibly interest buyers. You are likely to be dazzled by the splendid houses in posh areas at invitingly lowered prices. You can select from minuscule condos, modest apartments, economical single-family houses, stately multifamily setups, exquisite duplexes, spacious commercial establishments, sprawling farmlands and vacant lands of varying sizes.

Tempe is a city located in Maricopa County, in the US state of Arizona. Tempe is a part of the Phoenix MSA {metropolitan statistical area}. The city of Tempe is enclosed by its immediate neighbors of Chandler towards its south, Guadalupe on its west, Scottsdale along its north, and Mesa toward its east. Tempe is the site of the corporate headquarters of the US Airways. The main campus of the Arizona State University is also situated within the city. Tempe is a fast growing educational and occupational hub.

The city of Tempe counts the following as among its immediate neighbors: Surprise, Glendale, Apache Junction, Phoenix, Avondale, Peoria, El Mirage, Litchfield Park and Goodyear. A few of the towns that lie in proximity to Tempe are Youngtown, Buckeye, Wickenburg, Carefree, Queen Creek, Cave Creek, Paradise Valley, Fountain Hills, Gilbert and Gila Bend. The Census-designated places of Sun Lakes, New River, Sun City, Rio Verde and Sun City West are also located near Tempe. In addition, other unincorporated communities that exist in the vicinity of Tempe are Waddell, Anthem, Tortilla Flat, Arlington, Tonopah, Circle City, Palo Verde, Liberty, Morristown and Mobile.

Agent Can Aid Home Search

The Tempe real estate market has Brandon Nunes, David Homan, Joe Conway and Glenn King as key players in the ongoing real estate listings auctions. Property brokers are well informed of the sundry advantages and disadvantages of the umpteen houses on sale, as well as the relative benefits of relocation to the different parts within Tempe. Agents are, therefore, much sought after by prospective homebuyers to help them decide how best to find homes that are the most suitable for them. You ought to invest in the Tempe foreclosure auctions only after you find an experienced and caring agent to aid your home search.

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