Foreclosure, Short Sale, REO...These Are Not The Only Way To Buy A Real Estate Bargain!
Every Tuesday I call all of the real estate agents in the Phoenix Valley that have shown the homes I have listed for sale during the week to get their feedback.
Today I spoke with one agent who said "your listing in Homestead Square is perfect for my clients! It is in a gated community, with a pool. It is close to downtown Phoenix, is a single story home, and it is also near the 202. The kitchen has a gas stove, granite counter tops, and stainless steel appliances."
This house is everything these buyers want down to the vaulted ceiling, two car garage, area, and price.
I asked the agent when they would be sending over an offer...and her reply was..."well my clients are looking for a really good deal."
I asked her if she knew that my clients house was listed at 20% below what the last home in Homestead Square sold for...she said "yes."
She then proceeded to tell me that her clients were looking for a foreclosure, short sale, or REO property.
I wanted to throw my arms up in the air. Here was a property that was everything this couple wanted aesthetically and price wise...but it wasn't enough for them. They are missing out on a great deal!
I felt like saying...well if I write "pre-foreclosure" in the listing...will that make your clients interested?
Just because a piece of real estate in the Phoenix Valley is not a foreclosure, short sale, or bank owned property does not mean it is not a "really good deal!"
Also...just because a piece of real estate in Phoenix Arizona is a foreclosure, short sale, or bank owned property...does not mean it is a real estate bargain!
Look at what homes have sold for most recently in the area...and make your decision from the information...not based on one of the current buzz words...like foreclosure, short sale, or REO!
Let me know if you have any other questions about getting a great deal on Phoenix real estate...or on this home!
Date: 2008-02-19 21:49:06Views: 471