Bank Owned/REO Properties in Arizona
To obtain a FREE LIST OF BANK OWNED / REO PROPERTIES please contact us by email or call us toll free at 1-800-561-1277
We offer full service to all of our investors. For our Out of State and Out of Country Investors we manage the entire process of obtaining the property, provide you with a Full Construction Crew to perform any type of rehab, and selling or renting the property for you. This is all performed with a constant stream of communication to you with no action or step performed without your approval or knowledge.
In most cases we provide you with a unique website which details daily progress, all communications, as well as daily progress photos. This website will later serve as a tool to market the property, once the property has completed rehab or cleanup.
Due to the surge in foreclosures over the past few years banks are overloaded with inventory and may often accept an offer below market value. Remember, with Bank/REO owned properties you are able to obtain a loan from any Financial Institution or increase your buying power by paying cash. Regardless of the method of financing it is our objective to negotiate the best possible price for you and secure the property at a price below market value, minimize your risks, and maximize the property’s potential income .
When Purchasing Bank Owned / REO Properties we will;
- Perform a complete cost analysis for you, including;
Purchase Price, Comparables, Materials and Labor Costs, Cost to Fix and Hold, Cost to Fix and Flip, Income Potential. All performed BEFORE you purchase the property! - Perform Inspection and Appraisals
Performing inspections allows for us to compare our estimated Cost Analysis against an actual Inspection report to minimize any potential hidden costs. Performing an Inspection on the Property is a minimal cost that can save thousands of dollars when rehabilitating a property. Appraisals further aid our cost analysis to ensure initial comparables align with properties evaluated by an appraiser. This will ensure your loan will meet your lending institiutions requirements, minimize the time needed to close the transaction on the property, and provide valuable data on potential income the property may generate. - Engage our Full Service Construction Crew to perform any type of property rehabilitation.
- Design a custom Webpage to keep in constant communication with you and the progress performed on your property.
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