Thanks for your question. If you're referring to the term "Unit 19", "Unit 12", etc., then the term is referring to a geographical area. In Prescott Valley, the zoning code R2 is used to designate multiple unit housing.
So for example, if you're looking to invest in a tri-plex, look for the zoning code R2. If you're doing the opposite and are eliminating the R2 zoning from your searches, let me know and I can have all the properties delivered to your inbox automatically each day.
If you did not authorize the listing, the most probable answer is someone is using information about your home to commit a scam, to trick people looking to rent or buy into wiring money to an account where it will quickly disappear.
I would suggest contacting the web site that has your listing immediately to have it removed, then do a search of the Internet for similar bogus ads on other real estate related sites as these scammers typically post ads on multiple sites.
Unfortunately, these scams have become numerous over the past year and the perpetrators are rarely caught.... more
The best place to start a viewpoint search is a local website:
This ensures the most up-to-date information regarding current prices on all the homes for sale in the Viewpoint.
Pronghorn Ranch has recently overtaken the Viewpoint in regard to resale value. To see Pronghorn Ranch homes:
Pronghorn and Viewpoint are next to each other in regard to geographical location. Hope this helps.... more
I believe BloomTree Realty is the fastest growing, most innovative, Agent Supportive Agency around. They have compensation plans that can earn you money even if you don't close a transaction in a month! You can earn $ for service to the company such as training, which makes everyone so helpful. It is such a non-competitive, sharing and caring network of Agents. I love it here. I would be glad to explain further.... more
Most of the foreclosures listed here are not on the market and therefore can't be shown. RealtyTrac posts these homes to sell their subscriptions. They are a waste of time in my opinion. Your Title Company can provide you a foreclosure list for free. Until they are listed by their asset manager with a local Agent, they are not available.
Do an address search in your MLS to see if the home you're asking about may actually be listed and if it is, you'll have the instructions there. Best of luck.... more
Here's the thing with IRS liens. There are "junior" and "senior" liens. If the IRS lean is a senior lien, it means they filed it against you before you obtained the loan on the house. This will stick with you no matter what. If the lien is junior, the IRS will have 120 days to redeem the house from the new owner. (Meaning they'll buy it for whatever was paid plus repairs)
Liens against property exist only because you're not paying someone. It's not as if the HOA can claim your house for $300 in non-paid HOA fees. However, if you sold the house and received any profit, the judgement will show up in escrow, and will need to be satisfied.
Whomever said, "it will likely not sell" is correct, and incorrect. "Likely" being the key word. Some people simply do not want to risk the IRS redeeming the property during the 120 days after the trustee sale. However, the budgeting for redeeming properties is so low, it is very unlikely that the IRS will attempt to redeem the property, unless a significant financial advantage for redemption exists. Meaning if someone were to not have an emotional attachment to the property, the investment is likely to be a good one, knowing that either way the financial investment will be recouped by flipping or redemption.
My question is this, if you're in Florida, why a question in Prescott Valley?... more
Depends on if you're the owner. If not, do you have a lease as the renter?
The law states you have 90 days to receive notice prior to being evicted from a foreclosure. Also, neither the landlord nor the bank is legally obligated to let the tenant know about the foreclosure (in a rental situation.)
If you have a lease, the owners (whoever they are or become) are obligated to allow you to remain in the property until the lease expires with three exceptions:
1. The lease can be terminated on 90 days notice if the unit is sold to a purchaser who will occupy the property.
2. The lease has fewer than 90 days remaining.
3. The tenancy is month-to-month or a tenancy at-will, in which case the new owners must provide the tenant with 90 days notice prior to eviction.
If you've been served notice, you have 90 days. If the new owners are unaware, and they try to force you out early, tell them about The Protecting Tenants in Foreclosure Act. PTFA was passed by Congress signed into law by the President in May, 2009 and expires December 31, 2014. (S.896, P.L. 111-22)
If you're the owner of the home, and the home has gone to auction, your time is up. If you have no issue with the sheriff knocking on the door and physically removing you, stay until that happens if it means keeping a roof over your head. Otherwise the bank may offer you an incentive for leaving early and keeping everything in top working order.... more
Protecting your investment is your primary concern. You'll likely go through all the same channels and jump through all the same hoops as buying a home. Both homes will need appraisals, inspections, title work, etc... Why? You'll want to know that you're getting a legitimate home in exchange for yours. In a trade it's not about the "price", there's concerns of judgements, liens, encumbrances, maintenance, etc.
However, if you have a home with more square footage, and is of greater value, wouldn't it be better to sell it and have extra cash in the bank when you purchase? Also, marketing your home properly will ensure its exposure to the world. Is your agent doing everything they need to procure a buyer?... more
Michael is right, just make sure you're in the position to have knowledge. If you're not local, get an agent or lawyer to represent your interests.
Auctions are common and lots of folks pick up great properties this way. You may even want to join with an agent who flips foreclosures, with yourself being the investor.
You can always contact a local agent who can research the property ahead of time, send photos, or just look up the last sale of the house and send a report to you.
Making an offer before the auction is moot. The reason for the auction is to get the best price. If you have the best offer, you'll get the home.
The bottom line is with what your objective is; if it is your goal to make the home more livable for yourself and/or your family and if you plan to stay in the home long enough to enjoy the improvements, then do what is feasible comfortable for you. If, however, your goal is more closely associated with your ROI, then other weigh-ins regarding increasing the value are spot on, only an appraiser can give you a professional opinion as to the impact on the value of your home and how the improvements may reflect on that value.... more
You would need to speak to the property owner and read the lease agreement.
Owning in the Viewpoint might be a better option. Here's a page built just for Viewpoint homes for sale in Prescott Valley: http://prescottarizonahouses.com/viewpoint-homes-for-sale-in-prescott-valley-arizona/
There's a house in the Viewpoint currently at $179,000. 5% down with a loan at 4.5% would yield a payment of $1,131 roughly.... more