Scottsdale AZ Foreclosure - Short Sale
Scottsdale AZ Foreclosures - Short Sales
Scottsdale, Fountain Hills, Paradise Valley and N. Phoenix
Foreclosures & Short Sales -- Free Lists!
Foreclosure -- Foreclosure is an action in which a bank, mortagate company, or other creditor seeks to take an owner's property to satisfy a debt. The bank or lender may actually take possession of the property, or have the property sold to pay off the debt.
Short Sale -- A short sale is when the lender will accept less than the full amount due on a mortgage when the property is sold. Usually the lender will accept the short sale (with proper documentation) to avoid the time and expense of a foreclosure.
Many Foreclosures, Bank/Lender Owned, and Short Sales represent a real opportunity for buyers.
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