BROKER: DPR Realty

Bank Owned Properties (REO) are what buyers want today...

We have seen many changes in the overall real estate market, and now the REO market is booming! It seems everyone is looking for a foreclosure deal or REO (Bank Owned Property).  If you don't know where to look for them, or aren't working with a real estate agent that does...we can help you...

Beware of the common misconception that all REOs are a good buy.  Banks which own real estate will most likely make a sound decision to sell their property for as much as possible, although they have been known to sell their property at very attractive "lower-than-market" prices to avoid holding on to a bad investment such as homes sitting vacant in a down market for extended periods.

To determine if the list price of the bank owned real estate is a good value, let your REALTOR get comparable home sale prices ("Comps") for you.  This will tell you the prices of most recently sold homes.  It is also wise to get a professional to estimate your cost to repair the house before you live in, lease, or sell the property.  Let your REALTOR help you add up the determining factors so you will be sure the property you buy is a good value today and the future.

Call today to reserve your seat on our complimentary caravan this Saturday, where we take you to see the best REO properties in the area.  Call 480-206-3969.

HOW TO LOOK FOR GREAT VALUES IN

Today's buyers and investors are making some great real estate decisions to buy Bank Owned Real Estate.  We will help you locate "Real Estate Owned" (also known as R.E.O.) properties in the Phoenix area.  We watch for daily MLS updates and preview great homes that have been well cared for, now owned by the bank.

CARAVAN WILL TAKE YOU EVERY SATURDAY

Come with us Saturday to see every available REO property in your area.  We leave at 11:00 a.m. and view approxmately 7-10 homes over a 2 hour time period.  We will give you a checklist to sharpen your focus on each property.  The Arizona Association of Realtors also has a brochure with a buyer checklist which you can view online and print for use on our tours.  Contact us at 480-206-3969.  Or click on the "Contact Form" tab on the left and we will respond right away.

SHOP WITH THE POWER OF A CASH BUYER

Once you see the property you'll be purchasing - you will want to act fast.  That is why we give you the opportunity to get prequalified with a loan officer on site.  Complete this part of your purchase before the tour so you will be ready to make your offer without delay.

TOUR RESERVATIONS:

We will send you the directions to our meeting place, and reserve your place.  Let's hear from you today: 480-206-3969

WHAT TO BRING:

Wear comfortable shoes, be well rested, and ready to look inside and out of 7-10 homes quickly.  We will have complimentary water bottles and snacks for you.  If you wish to bring a notebook to write comments, and a camera to help you remember features of a home, that is also a good idea.

CALL TODAY:

If you have any questions about Bank Owned Real Estate, Foreclosures, Pre-Foreclosed properties, Short Sales, and REO property, we'd like to hear from you today: call 480-206-3969

"BANK OWNED" REAL ESTATE: