Home Buying in 85251>Question Details

Tyson R, Home Buyer in Phoenix, AZ

Where can I go for Home Auctions in Phoenix-Glendale-Scottsdale, Arizona . Everything I go to requires a weekly payment just to view the homes

Asked by Tyson R, Phoenix, AZ Sat Jul 24, 2010

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5
Hi Tyson,

To view all properties that are scheduled to go to the Trustee Sale Foreclosure auctions in Maricopa county, follow these 10 easy steps:

1. Go to http://Maricopa.gov/ (print/copy/paste these steps before visiting this site)
2. On the left side under "Quick Links," click on "Recorded Docs."
3. When the new window opens, SKIP the fields asking for recording #, business name, last name, first name or middle initial
4. Instead, you need to to choose from the “Document Code” drop-down menu a specific type of document called a “Notice of Trustee Sale” or “N/TR Sale”.
5. Then, choose a date range. Keep your date range as short as possible because there are tens of thousands of properties in foreclosure
6. Then, click search
7. A new window will open up which will list all properties in foreclosure within your date range
8. To view the property info, click any recording number which will open a new window.
9. On this new page, make certain that the PDF button is marked. DO NOT CLICK "Buy Document." Instead, scroll to the far top right of the page & click the number above "View Unofficial."
10. Now you can view the foreclosure document which will list the property address, owner's name, original amount owed, lender info & auction date/location.

I do agree with my fellow Real Estate Agents below that you will usually be better served by allowing a Realtor to assist you, but as a homebuyer, you'll need a full-time, experienced, exclusive Buyer's Agent to help you. These auctions are not for the faint of heart. They go fast, sell fast with thousands of buyers all trying to get the same good deals. A $10,000 certified deposit is required just to bid and the winner bidders are required to pay the balance due by 5pm the next business day or the $10k deposit will be forfeited. So, get a Buyer's Agent to help you to buy a property the easier way instead of the auction way.

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PAUL WELDEN PLLC
HomeSmart
Exclusive Buyer's Agent
2 votes Thank Flag Link Sun Jul 25, 2010
In Yavapai County you can go to http://everythingprescott.com/2010/07/weekly-trustee-sale-list/

Free Weekly updated list. .
Web Reference: http://bradbergamini.com
0 votes Thank Flag Link Mon Jul 26, 2010
Hi Tyson,

It looks like you have had some great advice from some really good realtors. Honestly make this home buying experience a good ane and interview 3-5 realtors. Pick one to "WORK FOR YOU" and find the home your really want. The one great thing about this market is that only the good realtors are surviving. On another note, auctions are really a pain, so if you go that route make sure you find someone with the experience in that field.
0 votes Thank Flag Link Sun Jul 25, 2010
Tyson, are you trying to get a great deal on a home and think the auction is the best place?

Every once in awhile you can get a great deal on a home at the auction, but that is rare occasion.
There are minimum bids and they can even reject your offer even if you win the bid!

Jeff is right. Often homes that have been rejected by the market go to auction because nobody wants them for various reasons (location, repair required, layout of home) etc...

The best deals right now get snatched up in hours or days by Buyers who have a professional REALTOR working for them like myself or Jeff Masich (first to answer your question).

Do you have a professional REALTOR representing you as a buyer's agent?

You can see what is available on the LIVE MLS on my webiste:

PHOENIX HOMES FOR SALE: http://www.TheKeysTeam.com/Phoenix.html
GLENDALE HOMES FOR SALE: http://www.TheKeysTeam.com/Glendale.html
SCOTTSDALE HOMES FOR SALE http://www.TheKeysTeam.com/Scottsdale.html

The distress sellers and bank owned properties are listed on the above sites.

I hope this helps.
0 votes Thank Flag Link Sun Jul 25, 2010
Dear Tyson:

If you do not want to go to a service that for a fee summarizes all of the public/private auctions. You can go to each individual auction website.

A large one is Hudson and Marshall. Hudson & Marshall is the nation's leading real estate auction firm specializing in foreclosure listings. To view their listings, click: http://hudsonandmarshall.com

However, there are many more.

Firms that consolidate auction sites do not do this for free. There is work involved. If you do not want to pay their fee, the best thing to do is log onto the top auctions sites that have properties in your area of interest.

Note, many of the auction homes are ones that are damaged and the lender did not want to make the repairs to sell at a higher value through a foreclosure listing using a Realtor. So, be careful on these auction homes.

To see bank owned foreclosure homes listed on the MLS with some buyer rights built in during the inspection process, click: http://www.arizonahomesland.com/freearizonamlssearch.html

Feel free to ask if you have any questions.

Jeff Masich, Realtor
Arizona Homes and Land
http://ArizonaHomesLand.com
HomeSmart Scottsdale
0 votes Thank Flag Link Sat Jul 24, 2010
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