Buying Foreclosure/REO/Bank Owned Arizona Real Estate At Auction- How To Purchase A Home/House In Tucson, Phoenix, Scottsdale, Chandler, Mesa In A Property Auction

November 29th, 2010 by Michael Oliver

The next big thing to start happening in the Arizona real estate market is for regular home buyers to start buying

Auctions to sell Arizona real estate are becoming very popular and a great place for a buyer to save 25% to 60% off the value of the home.

properties at foreclosure auctions in Arizona.

Simply put the prices these homes are selling for is so low that if any buyer knew how to buy these foreclosure properties/ real estate in Arizona they wouldn’t much consider anything else!

Tucson/Phoenix Arizona Foreclosure Home/ Property Auctions- These Homes Sell For 50% To 75% Of Their Market Value

November 16th, 2010 by Michael Oliver

In Arizona as everyone knows foreclosures are widespread. The foreclosure home inventory surplus in Tucson and

Some Tucson/ Phoenix Arizona Home Auctions Are Done In Person While Other Are Handled Completely Online

Phoenix is no secret, and foreclosures can be purchased in a number of different ways. Most buyers buy a foreclosure property by viewing what homes are available on MLS and choosing one property to place an offer on. Other buyers (mainly professional investors) buy foreclosure properties at the Maricopa and Pima County Courthouses at Trustee Sales. The other option is for buyers to buy a foreclosure home at an auction AFTER the lender has formally foreclosed and cleared title on the property. These are the types of auctions few buyers realize are available to them.

Rental Property For Sale In Tucson; Rental Homes, Duplexes, Tri-Plexes, and Apartments

May 28th, 2010 by Michael Oliver

"Tucson rental homes"

Tucson rental real estate is priced right to make investors good solid returns right now

Rental Property for sale in Tucson is starting to become highly prized as prices have come down for all Tucson housing segments including residential income. Individual rental homes offer solid and stable returns right now; duplexes, Tri-Plexes (3-plex), Four-plexes, (4-plex), and small apartment complexes offer even better returns but more risk as the purchases are much larger and have more components as you increase the number of units. Right now Tucson, AZ rental property for sale yields an average 7%-12% capitalization rate for high quality properties.

Moving/ Relocating/ Retiring To Arizona? Should You Live In Phoenix AZ OR Tucson AZ? What Are The Differences? What Are The Real Estate/ Homes Like In Both Tucson And Phoenix?

April 28th, 2010 by Michael Oliver

Tucson or Phoenix Which Area Should You Live In?

Since Arizona is one of the fastest growing states in America the question is always posed, should I move to the Phoenix area? Or the Tucson region? Being a Realtor people like to know all the differences in the cities and also the housing markets/ what the homes are like as Arizona homes are definitely much different then most of the housing options across the rest of the country. In Arizona specifically Tucson and Phoenix we have Haciendas, Territorials, as well as more traditional Spanish Colonials, Queen Anne’s, and Contemporary homes of all sizes and price ranges.

Moving To Tucson Arizona- Relocating To Tucson- What To Know About Tucson

March 21st, 2010 by Michael Oliver

Moving to Tucson Arizona from another part of the country can bring with it all sorts of questions for those about to relocate. The first question that comes to many people’s mind when they are in the process of Moving to Tucson, Arizona is “Is there enough water?” It’s a very common misconception that because Tucson sits within the Sonoran Desert that there is no water or vegetation or wildlife. All are simply not true people moving to Tucson once they arrive will realize Tucson sits within a valley and the actual desert surrounding it is diverse and lush. Tucson’s desert is much more diverse then either of it’s large southwest neighbor cities such as Phoenix or Las Vegas; Tucson sits at a better elevation and receives more rainfall then either Las Vegas or Phoenix.

Home Prices On The Rise Says Case-Shiller Up 1.2% In July

September 29th, 2009 by Michael Oliver


Share on Facebook The Case-Shiller report just came out today showing home prices are going up in many of the 20 closely watched major markets Case-Shiller reports on. In those cities homes prices as an average went up 1.2% and that marks the third straight month that the Case-Shiller report has showed a net gain in real estate prices. Economists had expected a 0.5% increase from June to July of 2009. While the Case-Shiller numbers are always a couple months behind other reports it is considered one of the most accurate gauges of the real estate markets as it uses a unique formula to account for a lot of the inconsistencies normally found in comparing real estate values.

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How To Get The Best Deal On A Builder Spec Home In Tucson AZ

April 28th, 2009 by Michael Oliver

toll-brothers-home-rs.jpgEveryone wants to get a great deal on a homebuilders spec home in Tucson AZ but how do you do it? Well hopefully these tips will help you truly get the best deal on a brand new builder spec home in the Tucson/ Phoenix area. When trying to get the best deal it’s always best for a few things to line up for you as a buyer and these would include the following:

1) The longer the home has been on the market completely finished typically means the better for the buyer when trying to negotiate the price.

Phoenix Is Offering $15,000 Grants To Buy Foreclosures (Incentive)

March 18th, 2009 by Michael Oliver

foreclosure-home-pic-rs.jpgI think Phoenix Arizona is offering a perfect (well maybe not “perfect” but a very good plan) incentive to get (or help) buyers decide to make a home purchase specifically pertaining to lowering the amount of foreclosure inventories within the city limits. Basically what the $15,000 “grant” or incentive states is this: Buy a foreclosure home in the Phoenix city limits and the city will “grant” you up to $15,000 for your down payment. Here’s actually the more specific details provided from


One Of Phoenix’s Largest Home Builders: Fulton Homes Of Phoenix AZ Files For Bankruptcy Protection This Morning!

January 29th, 2009 by Michael Oliver

fulton-homes-rs.jpgFulton Homes a huge builder in the Phoenix area filed for Chapter 11 bankruptcy protection this morning. Chapter 11 allows for the company to restructure its debts, Fulton Homes should still be around but this is obviously a serious blow to them. In Phoenix the new home industry was one of the best (if not “THE” best) homebuilding market in the nation. Actually I believe statistically the Phoenix area was the #1 new home market in the country by units delivered. As reported here many times in Phoenix the real estate market was white hot for 3 solid years. For 3 years there were waiting lists and price increases, and incredible demand. In Tucson this same white hot demand only lasted from roughly February of 2005 until September of 2005 so about 8 months. In my opinion Phoenix has a lot longer to go to get through the downturn as it has been so, so overbuilt that huge mega builders like Fulton Homes is now declaring Chapter 11.

Top 10 (Ten) Things To Know About Tucson Arizona

January 27th, 2009 by Michael Oliver

tucson-rs-1.jpgAre you in the market for Tucson real estate and want to know what the top 10 things to know about the Tucson area? Ok here is my breakdown:

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