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Nextage Realty Professionals

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

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

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

July Investor Report for Prescott, AZ

Single Family Homes:  The market probably doesn’t support much
flipping, but there are plenty of good buy, and hold investments out there.  Searching for a home to invest in and then
rent isn’t always about looking for the lowest price per square foot.  A smart investor must also consider the fix-up
costs, the neighborhood, and the future resale value.  [...]

Posted by Jerry Cecil August 7, 2011, 3:05 pm

The Elk’s Theatre in Prescott is Very Historic

The Elk’s Theater, as it is known today, opened as the Elk’s Opera House in 1905.  The venue, which at the time boasted 900 seats and eight dressing rooms, also was used a great deal for balls, civic presentations and high school graduations. The acoustics were considered “superb.” Architecturally, the building represents a transition from the [...]

Posted by Jerry Cecil August 6, 2011, 12:54 pm

Lots in Prescott, Man Have Times Changed!

Did you know?
…in 1863 the first 73 lots in downtown Prescott AZ sold for an average of $53.50 per lot.
Prices are a bit higher now, but there are still some great deals on lots in the Prescott area.  Currently, there are 2400 vacant commercial and residential lots for sale in the Prescott area.  Contact me, I’d [...]

Posted by Jerry Cecil August 6, 2011, 12:52 pm
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