Banks are like the opposite sex, can’t live with them and can’t live without them. And now our real estate market finds us interacting with the Banks on both sides of the transaction. One bank owns the property and another bank is trying to lend money to the new buyer. It is a radical shift in the Phoenix metro real estate market as well as our economy.
For the majority of us it doesn’t matter how our country got to this point. What does matter is getting through tough economic times and analyzing our priorities. For some, this is the PERFECT time to buy real estate. Whether a primary residence, a secondary residence or as an investment/rental property, prices have not been this low in many years. I believe Warren Buffet said any time you can buy under replacement cost then you are buying a good deal. Welcome to Phoenix.
JM Realty specializes in selling the REO/Bank Owned homes. We have several good relationships with different asset management companies. We are able to do occupancy checks, help with the eviction process if necessary, and if needed, handle urgent repair issues. Because of this working relationship, we have a list of homes that we know we will be offering for sale. In comes you – the INVESTOR.
If you are an investor, we welcome the opportunity to work with you. We will listen to your criteria and offer advice on creating the strongest offer possible. On occasion we may be able to give you insight on our upcoming properties. We make every effort to play fair and sadly we can’t sell you the property without it being on the MLS, but we will do what we can to help you get the property under contract and successfully closed.
Contact us today and let us help you build your portfolio.