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We
are your best source for finding an
investment property in Arizona. If
you are looking for an ideal investment property in Phoenix,
Chandler, Gilbert, Glendale or Tempe, or any of the surrounding
areas, we have the resources and tools to assist you with
finding that ideal investment property. We assist several
investors each month with finding
foreclosed homes in Arizona. We make finding
a home for you easy by providing a Free Arizona (Multiple
Listing Service) MLS home search.
In
If searching the entire MLS is not for you, then please
email us with a description of what your wanting in a
home. We'll create a customized
Arizona MLS search and email you daily with
any new homes
on the market.
Common
Q & A's for Investors
Q:
I've found a home I would like to view, how to I go about
getting the address?
A:
Broker Executives is only compensated when we represent
you as the tenants agent. If you have found a home on
our site, or we have assisted you with finding a property,
please allow us to show you that property. Please don't
hesitate to contact us, because we will be more than happy
to give you the address of any home requested with this
in mind.
Q:
I found a home through your search engine and would like
to view it right away. When can I see the home?
A:
90% of all our business is done online. For this reason,
Email us the MLS numbers of the properties you would like
to view. The MLS number can be found on any MLS search
engine. Once we receive them, we'll contact the listing
agents to ensure the properties are still available and
have NO pending offers or applications on them. Once we
have confirmed the properties are still available, we
will email you a time available to see the property.
When
emailing us the MLS numbers, please do so in this order:
48430943,4343479,2132390,2382329,24382402.....
This format will save us time in processing your request.
Q: What's the difference
between a foreclosed home and a bank owned home?
A:
There is no difference between the two; however, if a
home is foreclosing, it is not yet bank owned until the
trustee sale closes.
*Tip:
Most of our investors stay away from homes going into
foreclosure because these can turn into short sales.
Q: What is the difference
between a short sale and a bank owned home?
A: Since Short sales are homes either in Foreclosure or
will eventually go into foreclosure. In most cases, the
owner cannot afford the payments and decides to sell for
less than what is owed.
*Tip:
Stay away from Short sales unless you have the patience
to wait weeks to receive any kind of counter offer or
rejection from the lender.
Q: I already own an investment
property. Can I obtain financing for another?
A:
The recent mortgage laws allows an investor to own up
to five properties with mortgage liens. More properties
are allowed however, the borrowers credit score must exceed
700. For more detailed information, please contact our
investment
specialist.
Q: What’s the first
step if I want to buy a home?
A: In order to buy a home, you must get a Loan Status
Report from a local bank or a mortgage broker. This report
is needed when placing an offer on a home to buy. This
report shows the seller that you are capable of obtaining
financing from the bank. Visit Lendermae.com
for a pre-approval application.
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