$600,000


Land

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E Old Field Rd
Scottsdale, AZ 85266

Status: Active
Listing ID: 56728798

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Foreclosure Timeline

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

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09/22/21
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $600,000. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
09/13/11
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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Current Value
$600,000
Potential Value
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Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Scottsdale, AZ
Home Inspectors

Smart Start Home Inspections
Anthony Jurewicz
480-370-2664
Anthony Chiarello
602-999-1828
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Tom Sullivan
480-204-1010
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Martin J Lenich, PE
480-471-6781
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E Old Field Rd
Scottsdale, AZ 85266

Land

$600,000

Status: Active Listing ID: 56728798

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=E-Old-Field-Rd-Scottsdale-AZ-85266/56728798_lid

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