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. [...]
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Nextage Realty Professionals
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Many people think that Realtors are around for a few simple reasons, to look for homes, list homes and advertise homes. This is why many people don’t think that they need a Realtor. Homeowners are quickly finding out that a home can be listed without a Realtor. A buyer can find a home on several listing [...]  Posted by Jerry Cecil  August 6, 2011, 11:50 amPrescott and Prescott Valley residents are not surprised to hear the latest tally of mortgage delinquencies. Nationwide the stats are not alway representative of our local Prescott real estate market, but in this case they are. Read on: Facing Foreclosure in Prescott or Prescott Valley? Today, Mortgage industry watcher and leader, Lender Processing Services (LPS), said there [...] Posted by Jerry Cecil November 18, 2010, 7:43 amMany of the pundits have looked for a long delay in foreclosures to create a glut of REOS in Arizona including Prescott and Prescott Valley. Well, the delay has been called off and we should have a steady supply of foreclosures in the next few months. One thing folks need to understand is that banks are holding [...] Posted by Jerry Cecil November 5, 2010, 6:42 amA total of 248,534 properties in default, scheduled for auction, or repossessed by the bank sold to third parties during the April to June timeframe. RealtyTrac says on average, these homes went for a discount of 26 percent. The second-quarter share of foreclosure sales is up nearly 5 percent from the previous quarter, but still down 20 [...] Posted by Jerry Cecil September 30, 2010, 12:23 pm |
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