Arizona Homes are Always in Style!

For hedge fund managers, the stakes are beyond high. These folks often find themselves in charge of hundreds of millions of dollars they need to invest for clients who are eager to find the best opportunities to make profits wherever those opportunities might be. Actually, it is a little misleading to describe hedge fund clients as ‘eager’ – in reality, they demand that hedge fund managers find great opportunities that will return big-time profits on their investments, and any manager that fails at this task over a prolonged period of time will soon find themselves looking for new work.

Needless to say, the present economic environment is not ideal for those who need to find investment possibilities that have a good chance of giving a great return on the dollar. But there is one area where hedge funds and other big-time, big-stakes investors can find exactly the kind of returns they are looking for, and that is in foreclosure real estate.

That is assuming, of course, that hedge fund managers really are looking for double-digit returns on their money. We think they are, which is why AZ Foreclosure Bid Service LLC is standing by waiting to offer our expert services for hedge funds and other large institutional investors who would like to buy foreclosure properties in bulk.

Hedging Your Bets at Trustee Sales

Trustee sales are the go-to destination for investors who want to get good properties at great prices, and our services are designed to make participation in the trustee process a piece of cake for any client. In short, we can handle the whole thing through our representatives, who will go to trustee auctions and bid up to a pre-determined maximum on the properties our clients are interested in purchasing. Each property does require a $10,000 bid check in certified funds that must be left as a deposit, and the balance of the amount owed for a winning bid does need to be in by 5 PM on the next business day. But with the kind of resources normally available to successful hedge fund managers, these stipulations shouldn’t present any problems.

According to the US Census Bureau, home ownership rates in the country have fallen significantly over the past few years, while the vacancy rates of rental homes have been going down despite the fact that more rental properties have become available to meet the needs of the current market. Rentals are a growing business everywhere – but in Arizona, things have been in hyperdrive mode for a while now. Between 2005 and 2010, the number of families renting single-family homes in the state has increased by a mind-boggling 48%, and this trend shows no signs of abating anytime soon.

Helping the Economy and Making a Profit: A Golden Combination

There is another part of this equation, and that is the fact that hedge funds and other  institutional investors can play a constructive role in the stabilization of the housing market by getting involved in foreclosure real estate. Too many valuable properties are just waiting for excellent buyers, and regardless of whether they plan to become involved in the rental business themselves or would prefer to make a profit for their investors by buying and flipping good properties quickly, hedge funds can certainly perform a public service by helping to make sure the housing market can once again begin functioning at a high level.

But the most important thing is that opportunities for profit in the foreclosure market are at unprecedented levels, and few places have more to offer in this regard than the state of Arizona. Our real estate experts at AZ Foreclosure Bid Service know how to help institutional investors find the best available opportunities, and because we know all the ins and outs of the trustee sales system we can offer the chance to form a terrific partnership that will be mutually beneficial to both sides.

Have  questions about acquiring Distressed Assets or Foreclosure Properties in Arizona? Call James Wehner at 480-226-9320 OR email James@AZForeclosureBidService.com

Call David at 623-329-7000 with questions on AZ foreclosures

The real estate investment game is no longer being played solely within the confines of national borders. The globalization of investment and finance is a process that has been underway for quite some time, and the Internet has made it easier than ever to find profitable opportunities in other parts of the world, regardless of where potential investors might be located.

Political liberalization has also changed the rules of the game, and this has been especially true with respect to the world’s most populous nation. China is the rising star of the international economy, acting as both a magnet for and a source of massive amounts of investment funding. At the present time, Chinese real estate investors are actively searching for good opportunities to make profits in America and abroad, in part because domestic investments such as Chinese real estate have leveled off and stabilized. Consequently, the big money is looking for somewhere else to go, and many wealthy Chinese interests are starting to scrutinize the possibilities of purchasing foreclosure real estate in the United States of America.

International Investing the Easy Way

Tours have actually been organized that have allowed potential Chinese investors to travel to the United States to check out available properties for themselves. This is not really necessary, however, because it is now possible for foreign investors interested in US foreclosure real estate to find everything they are looking for right from their PC, iPad, or smartphone. AZ Foreclosure Bid Service LLC specializes in helping international investors find excellent foreclosure properties through trustee sales auctions, where any bidder who can provide a $10,000 bid check as a guarantee can bid on any home or property that they believe would make a good investment option. On the day of the trustee sale we handle everything – a potential investor simply selects the properties he or she wants to bid on from our online listing, and our representatives will bid at the auction right up to the maximum limits authorized.

For cash-rich Chinese companies and individuals, opportunities like the ones currently available in foreclosure real estate could be exactly the kind of investment they are seeking. A couple of different possibilities offer the chance to make some money: good homes can be purchased in bulk and then quickly flipped, or selected properties can be bought and held as rental properties. Arizona has as many or better foreclosure properties up for sale as any state in the nation, and Maricopa county, which is our home territory, has to be considered one of the most desirable destinations for those looking to invest in rental real estate in particular. Despite the problems in the housing market here, the overall state of the economy is quite good, and many Americans from other parts of the country dream about moving here because of the incredible climate, good recreation, and high quality of life.

Amazing Services, Amazing Bargains

In short, for Chinese investors, and all other international interests who are anxious to take advantage of the best opportunities for investment available around the world, foreclosure real estate in Arizona offers one of the best values that is likely to be found anywhere. Making things even easier and better, AZ Foreclosure Bid Services LLC can help international clients navigate the trustee sale system here in the United States, allowing buyers no matter their location to come away with outstanding deals that will be hard to match in any other investment market.

Have  questions about acquiring Distressed Assets or Foreclosure Properties in Arizona? Call James Wehner at 480-226-9320 OR email James@AZForeclosureBidService.com

Want Foreclosures? Call 623-329-7000

Arizona Trustee Sales Explored

For those seeking good Arizona properties at bargain prices, a trustee sale may be the way to go. When homes or other kinds of real estate go into foreclosure, and property owners unfortunately are unable to come up with the necessary funds to stop the process, a trustee may take control of the property on behalf of the mortgage holder. Many lenders choose a lawyer to act as their official representative as trustee. The trustee is then responsible for finding a new buyer for the foreclosed property, someone who is willing to pay for the privilege of taking new ownership of the property that the former owner was unable to afford.

Trustee sales, in Arizona as in other states, are conducted by auction. While the principle of ‘highest bidder wins’ is always observed, trustees will establish minimum bid requirements to make sure that the property is sold for a reasonable price. Notice of upcoming foreclosure sales, with scheduled dates, times, and auction locations, plus the address and description of the property to be sold, will be made publicly known a minimum of 90 days before the auction date. This date and time is at the discretion of the lender or beneficiary. If you would like a free list of foreclosures in the Phoenix, Arizona area you can call David at 623-329-7000.

When buying a property at auction–it is the 1st Deed of Trust you are wanting to purchase.  You need to be sure that the Deed of Trust (DOT) is in 1st Title Position and not a 2nd Deed of Trust or 3rd Deed of Trust.  There are times that it makes sense to purchase a 2nd Deed of Trust if the value of the 1st DOT and acquisition price of the 2nd DOT are less than the Fair Market Value.  This is a rare occation but does occur from time to time.  While screening the Title there are some other items which also need reviewed which may pass thru to the successful auction bidder.  Most importantly are Property Taxes that may be in the arrears and any City Liens.  City Liens can be placed on a property for many reasons but mostly have to do with Vacant Properties which have been vandalized where windows have been broken, grafitti is present, weeds-trash-& debris are visable, & pools have green/stagnant water.  Many of the Title Platforms do not show this activity and can be substantial.  During our due dilegence on properties, we have found City Liens from as little as $200 up to $35,000.   The pros at AZ Foreclosure Bid Service LLC work diligently with title professionals to screen potential properties that clients may be interested in acquiring.

Want to Try and Do-It Yourself?

The old fashioned way of finding suitable properties to bid on at trustee sales involves a lot of legwork. First, a trip down to the county recorder’s office will be necessary in order to research all the available properties in the area that might be of interest. Next, prospective buyers will want to drive out and visit these properties themselves, just to be sure that what is described in the trustee sales announcements is accurate and that the property is indeed in acceptable condition. Heading down to the local courthouse on the day of the auction to bid is the final step, but of course it is not acceptable to come empty handed. Anyone hoping to bid on property at a trustee sale must have a cashier’s check of $10,000 made out to the proper trustee. Once a final bid has been accepted, the buyer must be prepared to pay full price by 5pm the next business day, otherwise the auctioneer could put the property back up for auction and you risk losing your $10,000 and being sued for the remaining amount of bid.

Want to Try the  Easy Way?

Needless to say, the above method requires a significant investment of time and effort – much of it spent out and about in the sometimes scorching Arizona sun. While the do-it-yourself method can be a legitimate and effective way to acquire a good family home or other type of property, the whole thing can also be done online, with the help of a pro bidding service that will handle all of the details for a flat fee. On the day of the sale, those using such a service will be able to follow the action live from anywhere in the world, and make their bids in real time as the auction progresses. Foreclosure properties slated for trustee sales are listed online by these trustee services, so any research that must be performed by the buyer before settling on a property to purchase can be done by the pros at AZ Foreclosure Bid Service LLC on your behalf.

Good Arizona Foreclosure Properties Deserve Good Care

Regardless of whether a prospective property buyer relishes the challenge of doing all the footwork on their own, or would prefer to find the perfect property quickly and conveniently with AZ Foreclosure Bid Service LLC, trustee sales are one of the best ways available to acquire either bulk, or individual, high quality real estate on very good terms. It is of course tragic when someone is forced to leave their home for financial reasons, but it would be an even bigger shame if excellent properties were simply abandoned and left to fall into ruin, and the real value of a trustee sale is that it prevents this from happening while having opportunity to turn a potential profit.

Have  questions about acquiring Distressed Assets or Foreclosure Properties in Arizona? Call James Wehner at 480-226-9320 OR email James@AZForeclosureBidService.com

To Invest in AZ Foreclosures call David at 623-329-7000

Can you blame Canadians for making some aggressive moves to acquiring real estate investments in America? Blame Canada if you must, but it’s hard to deny that they can make some seriously shrewd moves.  Meaning of course that Canadian investors are wisely buying foreclosed properties in Arizona!  The U.S. real estate crisis was particularly severe in Arizona, one of the top states for real estate—and one of the top economies in the world.  However, Canada’s real estate scene is not as volatile, and that’s why many shrewd northerners are taking advantage of the U.S.’s woes to pick up bargain priced investment properties.

Foreclosed Homes Sell for Less!

It’s a great idea, since foreclosed homes can be used for vacation homes, second homes, rental properties, quick fix and flip properties, or as future home sales down the road!  The investor simply buys a home in foreclosure status and then increases cash flow with a hold and exit strategy.  The investor has the option of restoring the house or waiting for the market to change.  Naturally, a very low-priced home might be in need of repairs.  After those repairs and some restoration, the house could be sold for a profit over the the initial payment.  Don’t conclude though that every single foreclosed house is a fixer-upper.  Some houses sell for below market price just because they are foreclosed properties.  You can hold on to the property (perhaps renting it out) until the market changes for the better and more positive real estate news affects the Arizona economy.  Within a few years, you could possibly sell the house for a higher profit without lifting a hammer!

There are thousands of foreclosed homes in Arizona and many of these homes are well kept and very luxurious.  Bear in mind that the recession affects people from all walks of life, and some middle to upper class residents have no choice but to default on their home if their employment situation changes.  Canadian investors make up an average of 27% of U.S. buyers.  While every country in the world is experiencing some recessionary effects, Canada has not been impacted in the same way as the U.S., and a major real estate state like Arizona does pose unique opportunities for smart-thinking Canadian real estate buyers.

Risks and Opportunities in Arizona Distressed Properties

Is there any risk associated with Arizona foreclosure properties?  There are always risk involved in real estate. In terms of buying foreclosed real estate, the risks of losing your investment are relatively low since you can keep the property and make money from rental income at the very least.  The main risk to be aware of is buying a mortgage in second position. Unfortunately, this is a lot more common than most people think. The typical resolution is either to walk away with a loss. However, if the investor really wants the property they can try to negotiate buying the first mortgage.

You don’t have to go overseas just to find a great international investment! The professionals at AZ Foreclosure Bid Service, LLC buy specialize in buying properties sold at a discount at public auction. If you would like to explore buying foreclosures in Arizona call David Kruger or James Wehner today at 623-329-7000

Want us to bid for you at Trustee Sale? Call David at 623-329-7000

Trustee sales auctions involve the sale of a foreclosed home to the general public.  You might think that it’s advantageous to simply show up and start bidding.  However, you may be taking unforeseen risks or missing out on big savings by not working with a trusted and experienced foreclosure bidding company such as AZ Foreclosure Bid Service, LLC 

Primary Advantages to Working with a Pro Auction Bid Service

A professional auction bid service can help you figure out a strategic and sensible budget and help you stick to that price so you don’t get in over your head.  Some auctions have stringent prerequisites before qualification for bidding.  (Yes, that means you may not even be allowed to bid!)  When you work with a professional auction bid service specializing in foreclosures …and trustee sales in particular, you don’t have to worry about qualification.  The company itself works regularly at the trustees sales and can significantly help you be successful as a bidder.

Other Great Reasons to Choose a Professional Auction Bid Service

Best of all, when you work through a qualified auction bid service specializing acquiring foreclosures at trustee sales, you can expect expert negotiation on your side.  The company helps you determine the best maximum bid. After all, the professionals at AZ Foreclosure Bid Service, LLC know the details of the real estate being auctioned, and these details that could save you thousands of dollars!

Last but not least, the AFBS team will help you finish the paperwork for the transaction, and this part of the process can be overwhelming for some.  Just think, all the notices, all the legal searches and loans (if applicable) will be taken care of and it will just be you, the property, and your chance at increasing cash flow!

There’s no doubt that there is risk involved, as in any real estate transaction.  However, compared to stock market risk….real estate is typically much safer.  You will retain the physical property and can either build onto it to increase value or simply wait for the market conditions to improve, followed by a profitable sale. Having a tangible asset with the chance of appreciation is more logical to many investors…especially if that asset is generating monthly rental cash flow for you. Speak to your tax professional to see the advantages of investing in real estate opposed to stocks.

What you do need to beware of are shady people in the business.  Recently, some Canadian investors have been taken advantage of by con artists who hide the actual title to the deed and force a time-consuming court case.  Don’t take unnecessary risks—work with a trusted auction bidding firm that can help you invest wisely and avoid bad properties.  Working with a professional is simply the most profitable solution!

If you have questions about buying foreclosures at public auctions/trustee sales please call David Kruger or James Wehner at 623-329-7000

To Buy AZ Foreclosures Call David at 623-329-7000

Trustee sales in Arizona can be a formidable way to quickly acquire a great new investment property or new home for a discount. Whether you are looking to generate monthly residual cashflow, flip a house for a profit, or secure your next dream home for your family, you’ll want to get a glimpse into the world of trustee sales in Arizona.

Statistics show that most home buyers hire a real estate agent and search for homes listed for retail prices. However, there is far less competition at the public foreclosure auctions. This is not surprising for a variety of reasons. There are great deals to be found at the auctions, but it takes a larger degree of homework to find properties worth bidding on.

1. You have to go to the Maricopa County Recorders office to sift through hundreds of properties up for auction
2. Physically inspect the properties for repairs
3. Thoroughly check the title for liens and encumbrances (make sure its a first mortgage and not a second)
4. Get an accurate valuation of the properties
5. Show up at the location, either court house or attorneys offices, for the trustee sale
6. Have a $10,000 cashiers check properly made out to the trustee just to bid
7. Be prepared to have the cash for the balance of property by 5pm the next business day

That can be too overwhelming for 99% of real estate agents or home buyers!!

However, with all that being said there are companies that specialize in helping either new or experienced real estate investors acquire foreclosure properties specifically at these public home auctions. They take the guesswork out of the equation and have a simplified process in place to allow investors to have an increased chance at success. This allows real estate investors to be more efficient and more productive with their valuable investment capital. It doesn’t matter if your on the east coast or west coast, Canada, China or beyond…you also can utilize these companies from anywhere in the world.

If you would like to learn more about buying foreclosure properties being sold at public auction in Maricopa County, Arizona you can call auction expert James Wehner with AZ Foreclosure Bid Service, LLC at 480-226-9320

www.AZForeclosureBidService.com

You may already know how cheap foreclosed properties are, but did you know that buying foreclosures at trustee sales can offer some incredible savings?  Many investors are disappointed when they first start dealing with foreclosed properties; most of the homes are either dirt cheap, and dirt quality, or are far too expensive to make a meaningful profit.  Maybe you’re looking in the wrong place.  Maybe it’s time you looked into working with trustee sales auction experts in Arizona.  Leveraging off the experience of experts who have had hundreds of successful transactions in the last few years will take the guess work and potential pitfalls out of the foreclosure acquisition process.

What the Trustee Does

A trustee deed is a deed that transfers the title to a trustee.  The trustee holds it as security between a borrower and lender party.  The lender provides the money and the seller executes the deed, giving the trustor the home in question.  In the midst of this deal, the trustor/borrower executes a trust deed, which gives power to the trustee on behalf of the lender.  This situation is different than a mortgage because of the third party involved.  In Arizona, trust deeds are the most common form of business dealings for real estate properties.  This deed is executed with the county clerk and then released when the debt is paid in completion.

However, if the borrower defaults, the trustee has the power to foreclose on the property, working for the lender.  Once this happens, as the result of a “power of sale” clause, the trustee can legally sell the house by auctioning it off.  This situation does not require judicial intervention and this makes everything far less complicated.  (In cases of mortgage, the lender must first take the borrower to court)  The trustee is still required to send notice of foreclosure, but ultimately the borrower’s equitable title is terminated at the trustee sale.  The bidder finalizes the paperwork (usually within 24 hours) and everyone saves a bundle on legal fees.

Hire a Professional AZ Trustee Sales Bid Service for Chances of Lower Prices!

This is why you will receive bigger savings when you choose a trustee sale bid service; because they remove the complications involved, and make it easier to complete the process quickly.  The entire process of an Arizona trustee sale foreclosure can be as little as two weeks!  When you compare that to the almost four months (the standard in California); you can see how this is advantageous for everyone involved!

What is it like at a trustee sale public auction? 

It is an open bidding opportunity, though bidders must meet official criteria decided by the trustee.  For examples, bidders might be asked to sign in with contact information and provide a $10,000 deposit, usually in the form of a cashier’s check payable to the official name of the trustee (such as a law firm)  All bidders receive their deposit back if they are successful. Members of Arizona Foreclosure Bid Service, LLC has literally experienced the acquisition of hundreds of hundreds of houses.

What if there are no bidders?

Yes, this does happen and that means you may stumble upon a great deal just by having us show up! In this case, the trustee officially gives ownership back to the beneficiary.  However, many companies will prefer to sell the property and make a fast profit rather than waste any more time trying to re-sell it. With our company being at the various auctions everyday, we are always on the front lines to acquire any bargain property that may come up for auction.

Now is the time to look into foreclosure sales in Arizona, and trustee sales auctions in particular, as Arizona real estate is often selling for below market prices and with great cash-flow or “fix and flip” opportunity.

If you would like to get FREE access to our daily Arizona foreclosure list you can call ~James Wehner at 480-226-9320 or email James@AZForeclosureBidService.com