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Prescott area foreclosure market update as of 2-28-09

By Patrick Schutte, Certified Foreclosure Specialist, on March 2nd, 2009
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The distressed real estate market in the Prescott area was busy again this week with 18 new homes coming on the market, about one in every five homes being listed in the Prescott Arizona Area MLS system.From the sales side they represented over half of the homes sold, and were over half of the sales [...]

Posted by Patrick Schutte, Certified Foreclosure Specialist March 2, 2009, 12:12 pm

Prescott area foreclosure market update 02-06-09

By Patrick Schutte, Certified Foreclosure Specialist, on February 7th, 2009
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Yesterday I went to Chino Valley with a client and we looked at some distressed sales that were priced at the same levels as 2002 and 50% off of 2006 prices!
My client decided to put in an offer and we are going to compete with 2 other buyers on a short sale and I hope our [...]

Posted by Patrick Schutte, Certified Foreclosure Specialist February 7, 2009, 10:48 am

Prescott area foreclosure market update 01-30-09

By Patrick Schutte, Certified Foreclosure Specialist, on January 30th, 2009
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Another busy week for me with several buyers making offers on properties, one without even seeing the property.  Some of the deals had multiple offers on them, even after a couple of days. 
If you are planning on making an offer, please read these tips on how to compete in the REO multiple offer game.
I know [...]

Posted by Patrick Schutte, Certified Foreclosure Specialist January 30, 2009, 8:16 pm