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Call us today about foreclosures: 928-443-8800

Prescott, AZ Bank Owned Real Estate: Discover an Excellent Opportunity

In today's market, looking for a hot deal (aka foreclosure, bank owned home, or REO) may be the critical component when deciding to make a home purchase.  Bank owned homes are sold in Prescott, AZ for rock-bottom prices.  Contact a professional agent at Nextage Realty Professionals if you're planning on making a foreclosure purchase.  Our sales associates can help you naviagate the confusing process of securring a bank owned home. 

Many times individuals can be mislead when it comes to purchasing an REO, or bank-owned home.  We sometimes tend to think a bank owned home and a traditional-loan style home are the same thing.  Many foreclosures are in disrepair, and may have been abused by the previous owners.  Be sure you inspect each and every home you intend to make an offer on, as well as having all the proper documentation showing up-to-date inspections.  Banks depend on the real estate associates they work with to analyze and submit a proper BPO (Broker Price Opinon).  The BPO considers all the data of surrounding properties and the current condition of the home.  The BPO along with the opinon of the Bank will determind the market price for the home.  However, when looking at foreclosures, if you're a cash buyer you may want to put an offer in below the asking price.  Chances are, the bank will accept your offer.

When you’re looking for a new house, you would be intelligent to inspect Prescott, AZ Bank Owned Real Estate. With bank-owned homes in Prescott, AZ, you can make a sound investment in a new home, procuring a property without hurting your budget. Currently on our free-to-use MLS, there are 1 available, with prices ranging from $215,000 to $215,000. And with many of these houses having been constructed around 2005, you can be calm knowing that these properties are in excellent shape. When you see a bank-owned home in Prescott, AZ, that meets your standards, call Desert Wide Properties and get the process started.

Bank Owned Houses for Sale in Prescott, AZ: See Everything This Neighborhood Has to Offer

When you invest in a bank-owned property in Prescott, AZ, you’re also investing in the locale. There are many excelling schools, as well as marvelous health facilities. And on weekend nights, head into town for a wonderful supper at one of the area’s premium bistros. Prescott, AZ boasts some of the most unique western night life experiences.  Visit Whisky Row in Downtown Prescott.  Without a doubt, with a bank-owned home, all of these amenities and more can be yours. Cruise the free Prescott, AZ listing database now, and then call 480-838-6631 to learn more.