Welcome to Pre Foreclosure Guide
Phoenix Pre Foreclosure Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
Why Pay For Pre Foreclosure Lists?
from:There are hundreds if not thousands of free pre foreclosure lists, so why bother to pay for pre foreclosure lists that provide the same information? Believe it or not it may actually save you money to pay to belong to a website that allows you to view pre foreclosure lists, rather than to use the free sites. The following reasons are the key factors in why paid pre foreclosure lists are ideally suited to serious investors.
Time IS Money
In the investment and real estate world this is absolutely true. The time that it takes to browse through the hundreds of thousands of pre foreclosure lists on the internet is time that you could be spending contacting home owners, surveying areas and neighborhoods and putting together offers and information. The more serious of an investor you are the more critical time is when you are juggling multiple deals at the same time. Using free pre foreclosure lists may be cost saving money wise, but if you factor in your hourly rate you will definitely be losing money each minute you spend at your computer looking through lists that might not have one property of interest to you.
Research and Tracking
While most of the free lists will provide information on the physical address of the property, many don't include pictures, specific information on the property, comparable sales figures and even the homeowner and lender contact information. If you don't have this information, you will again need to take your own time or more likely hire someone else to do this research for you.
The Early Bird Gets The Worm
When pre foreclosure properties are put on lists, there is a huge interest in the property generated by those using the lists. The faster that you can contact the homeowner and the lender the faster you can present the bid on the property for the sale. If you can directly access all the information that you need on the paid site, you are far ahead of the group of investors that is trying to save a few dollars by doing the research on their own.
Finding Just What You Want
The paid pre foreclosure lists all offer the option of notifying you when a property matching your search criteria is placed on the list. This can help you in saving both time and energy as you can really fine tune the search criteria based on price, age of the home, market value, location and other specific criteria.
Avoid Junk Mail
Free sites are paid for by advertisers; so you will have to provide some type of email address to access the site. Once you do that you are giving permission for advertisers to contact you in exchange for the use of the free listings. Paid sites don't have this same need for income from advertisers, so you will typically avoid all the junk mail associated with using the free sites.
Phoenix Pre Foreclosure News
Zillow: Phoenix has second-highest rate of underwater homeowners - Bizjournals.com
 Los Angeles Times | Zillow: Phoenix has second-highest rate of underwater homeowners Bizjournals.com Another 9 percent were at least 90 days delinquent, but the study emphasized that being underwater does not necessarily mean foreclosure is inevitable. Among the 30 or so markets nationwide the Zillow study examined, Phoenix's underwater home rate was ... More Than Half of Phoenix Mortgage Borrowers Are Underwater One third of mortgages are underwater and homeowners owe $1.2T more than ... Half of metro Atlanta mortgages underwater |
Lawsuit challenges Arizona use of settlement money - MyFox Phoenix
Lawsuit challenges Arizona use of settlement money MyFox Phoenix PHOENIX (AP) - A lawsuit filed by public interest law firms on behalf of homeowners tries to block Arizona from using part of a foreclosure settlement to help balance the next state budget. The budget approved by the Legislature and Gov. |
Seller's market returns as homes for sale drop in some areas - USA TODAY
Seller's market returns as homes for sale drop in some areas USA TODAY The dwindling inventories — driven by a mix of reluctant sellers, fewer foreclosure resales and rising demand — are spreading as the housing market gains strength. The number of homes for sale in April hit a 6.6-month supply, down from 9.1 months a ... |
Phoenix Coldon Missing: Missouri College Student Remembered On Her Birthday - Huffington Post
Phoenix Coldon Missing: Missouri College Student Remembered On Her Birthday Huffington Post Phoenix Coldon has been missing since Dec. 18. She was last seen in the driveway of the family's St. Louis County home at about 3 pm Roughly three hours later, Coldon's black 1998 Chevy Blazer was impounded by police after it was discovered about a ... |
Foreclosures Move Downtown - UPI.com
 Bloomberg | Foreclosures Move Downtown UPI.com Among the 20 largest metros area, cities posting the biggest annual drops in foreclosure activity included Seattle (54 percent), Phoenix (44 percent), San Francisco (34 percent), Washington, DC (30 percent), Riverside-San Bernardino, Calif., ... U.S. Foreclosures Down 14% Over Last Year, Filings Shifting to the East Foreclosures Plunge to Five-Year Low in U.S. Recovery: Mortgages Short Sales Could Outnumber REOs in Some States: RealtyTrac |