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Nextage Realty Professionals

Top 10 tips to win the REO multiple offer game

By Jerry Cecil, on August 22nd, 2011

The REO (real estate owned) foreclosed home market is hot right now in the Prescott area with many homes priced under an already depressed market price.  When banks price REOs under the market price, multiple offers are often the response.  This means buyers can  be up against stiff competition for that bank-owned home.

It’s not unusual for [...]

Posted by Jerry Cecil August 22, 2011, 9:44 pm

Finding REO’s (bank-owned) in the Prescott AZ Area

By Jerry Cecil, on August 22nd, 2011

I am often asked.  What is the best way to find bank-owned homes in the Prescott area?  Many people call the Realtor who is listing the REO homes.  Though, this realtor can help you buy the home, they would be taking on two roles as the buyer and seller agent, also known as a dual agency.  [...]

Posted by Jerry Cecil August 22, 2011, 7:53 pm

July 2011 Foreclosure & Short Sale Report for Prescott AZ

By Jerry Cecil, on August 7th, 2011

There are 97 distressed property sales in Prescott, this is 12% of the market.

There are 43 bank-owned homes in Prescott.  Go to this link for the MLS listings;

http://www.paarmls.org/prs/maildoc/sd_AAAa007E020110807180654.html

There are 54 short sales in Prescott.  Go to this link for the [...]

Posted by Jerry Cecil August 7, 2011, 5:01 pm

What is the Best Deal in Home Buying?

By Jerry Cecil, on August 6th, 2011

I am asked by buyers almost every day, what is the best deal?  Most of the buyers come to me looking into foreclosures and REO’s only.  The buyers think that these are the best deals.  The truth is that every home in the entire market must compete.  So, most homes, regardless of the type of sale, [...]

Posted by Jerry Cecil August 6, 2011, 12:37 pm

Hassayampa Village is one of Prescott’s Nicest Neighborhoods

By Jerry Cecil, on August 6th, 2011

Hassayampa Village is a 550 acre master planned community within the city of Prescott AZ and about 2 miles southwest of downtown Prescott.  The village is one of Prescott’s most exclusive neighborhoods with several large luxurious homes, a 30,000 square foot clubhouse, a fitness center, security gates around the community, tennis courts, pools, a sauna, and [...]

Posted by Jerry Cecil August 6, 2011, 12:32 pm
 
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