Within the past 30 days, some lucky buyer got a bank owned REO foreclosure house for $11,000. It was a 2 bed, 2 bath home built in 1947, located in Avondale.
So my Canadian friends and other out of town investor buyers… when you call me and ask me about $10,000 and $20,000 houses in “nice” neighborhoods, know that this is what you’re buying.
Metro Phoenix is like every other town. It’s even like the town where you live Mr. or Mrs. Investor Buyer. The really, really cheap real estate is really cheap for good reason. In “nice” neighborhoods you pay nice prices.
del.icio.us Tags: Phoenix Real Estate,Buy a Foreclosure Home
