Click the 'Available Units for Sale' Link Above to View Scottsdale Pre-Foreclosure, Short Sale, & Bank Owned Condos
Some Distressed Scottsdale Condos are Now Available for as Low as Half of What They Sold For Within the Past 2 Years!
Short Sale - This is when a seller is offering a property for sale, which may be scheduled for foreclosure auction, contingent upon the lender accepting less than what is currently owed on the mortgage balance. Lenders can take up several months to respond to a purchase offer!
Bank Owned (REO) - This is a property being offered for sale and is owned by the bank. It has already gone through the foreclosure process. The bank is now the sole owner of the property and generally responds to purchase offers within a few days.
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