You hear them all the time: horror stories about buying foreclosed property. Local news covers them, national broadcast stations feature them, and talk radio has hours dedicated to the subject. One Arizona company is taking the fear out of buying foreclosed property.
ArizonaDailyForeclosures.com is a great website for buyers and investors looking for up-to-date, yet simple, information on foreclosures within the state. The site offers a comprehensive free search engine that allows people to view properties without being obligated to enter a credit card number or email address, based on price bracket, city, size, or condition.
A simple Google news search on foreclosure listing services usually results in over 100 results. That is a lot of print and web real estate dedicated to the foreclosure market. The reason is that there is a need for factual information on obtainable properties.
The website, hosted by Arizona Daily Foreclosures, LLC, is meant to provide information for free while offering updated free blogs and even a free email subscription service. The group actually owns, or controls, all the properties on the frequently updated website. This reason alone is just one of many that make the website not only popular, but reputable.
Articles describing the challenges that come with buying foreclosed properties often fail to note the positive aspects of these properties, such as built-in equity. ArizonaDailyForeclosures.com lists properties with equity, and makes these exclusive deals easy to acquire. Not only do people looking to buy foreclosed property in Arizona obtain access to a free website with controlled listings, they have the option of direct financing.
The process is a simple three-step one. If a person finds a property they’re interested in, they can proceed with Step 1: Call the company and verify that the property is still on the market. Step 2 is to decide between direct financing or a cash payment option. Yes, the company itself offers financing options, which eliminates a lot of confusion, unnecessary paperwork, and bargaining. Prices are set, as they are seen on the website. Finally, Step 3 is to fund the deposit or make the cash payment.
The Associated Press noted that home foreclosure sales were up 9.6 percent in the month of February. More and more people are rebuilding their financial portfolios by taking advantage of foreclosure listings. As the opportunity to buy these homes becomes more viable, the opportunity to make smart decisions also follows. Sites such as ArizonaDailyForeclosures.com just make the process that much easier.