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Frances Sharpe

Guide to Arizona Foreclosure Listings

Purchase real estate below market value with Arizona foreclosures


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Arizona foreclosure listings keep you informed of residential and business properties that are available to the public at prices below market value. Studies show that foreclosure properties in Arizona and the rest of the nation sell for an average of 22 percent less than typical home sales. Whether you’re in the market for a Southwestern-style home in Scottsdale, a commercial property in Phoenix or a Tucson investment property that you can turn around and sell for profit, you have several options for finding foreclosure property listings in Arizona.

Foreclosure properties in Arizona come into being when homeowners or business owners miss their mortgage payments and default on their loans. Arizona foreclosure properties are sometimes referred to as Arizona distressed properties.

There are three stages in the foreclosure process for an Arizona foreclosure property:

  1. Stage 1 — Pre-foreclosure: Homeowners who have missed at least one mortgage payment are considered to be in pre-foreclosure. Savings of 20-40 percent below market value are common with pre-foreclosure properties in Arizona.
  2. Stage 2 — Foreclosure auction: Arizona foreclosures are sold at auction by lenders to the highest bidders. Savings of 35-50 percent off market value can be achieved when buying at auction.
  3. Stage 3 — Real Estate Owned (REO): When there are no bidders at the auction or the lending bank is the highest bidder, properties become bank-owned foreclosures. In Arizona, savings are usually reduced when buying property from the bank.

Action Steps
The best contacts and resources to help you get it done

Find foreclosure property listings in Arizona


Providers of foreclosure listings in Arizona allow you to view listings by county, city or ZIP code so you can find properties in your area. Note that most Arizona foreclosure listings can only be accessed once you register and pay a monthly fee.

I recommend: Some of the largest providers of foreclosure listings in Arizona include RealtyTrac, RealtyStore.com, ForeclosureDataBank.com, Foreclosure.com and ForeclosureS.com, where you’ll find thousands of properties listed.

Find pre-foreclosure listings in Arizona


Homeowners in pre-foreclosure are often motivated to sell their residences at bargain prices in order to avoid foreclosure. By accessing pre-foreclosure listings, you can find information on such homeowners.

I recommend: Search for Arizona distressed properties in the Flagstaff, Glendale, Mesa, Phoenix, Prescott Valley, Tempe and Tucson areas at FindMeDistressedHomes.com, which specializes in pre-foreclosure listings.

Find listings for Arizona foreclosures at auction


An auction for an Arizona foreclosure property is typically held at the county courthouse. Buyers must be present and usually must bring a deposit in the form of a cashier's check.

I recommend: Check the auction calendar listings for upcoming sales on Arizona foreclosure properties and sign up to receive email notifications of auctions taking place in Arizona at the Real Estate Disposition Corporation. The Arizona real estate auctions listed at GovernmentAuctions.org often include foreclosures, but you’ll need to register to view them.

Find listings for government-owned and bank-owned foreclosures in Arizona


If you're in the market for government-owned or bank-owned foreclosures in Arizona, look for listings that specialize in these types of properties.

I recommend: The largest inventory of government-owned and bank-owned foreclosures in Arizona can be accessed at HUDForeclosed.com. Search for properties owned by the government, asset managers or banks at All Foreclosure Information.

Find listings for Arizona commercial foreclosure properties


Business foreclosures in Arizona occur when business owners default on a commercial mortgage loan. In Arizona, commercial foreclosure properties can be categorized as business properties - such as office buildings or retail spaces - agricultural properties or industrial properties.

I recommend: Search the business foreclosure listings in Arizona at Foreclosure Listings. Other providers of commercial foreclosure listings in Arizona include ForeclosureFreeSearch.com.

Find free foreclosure listings


Few providers of foreclosure listings in Arizona offer free foreclosure lists, however, you can find free trials or very low-cost trials.

I recommend: ForeclosureFreeSearch.com offers a free seven-day trial. For a seven-day trial, you’ll pay $1 at HUDForeclosed.com, $1.95 at RealtyStore.com and $3.95 at ForeclosureDeals.

Use online learning tools to get the most from Arizona foreclosure listings


Take advantage of online tutorials, webinars and other educational resources offered by providers of Arizona foreclosure listings.

I recommend: Check out the resources in the learning center at RealtyTrac or the Foreclosure.com webinar series for educational sessions on buying foreclosure properties in Arizona.

Tips & Tactics
Helpful advice for making the most of this Guide

  • Look for providers of foreclosure listings in Arizona that offer neighborhood reports and sale comparisons.
  • Some providers of foreclosure listings in Arizona also offer loan and downpayment programs via their websites.
  • Arizona commercial foreclosure properties offer some of the biggest savings off market value.

The official source of Arizona Foreclosure Listings is
the Arizona Foreclosure Listings page at Business.com


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