The Condo Mania Team
Categories > Phoenix Condo Short Sales
Short Sales are a type of real estate sale where the seller owes more on a property than it is worth and can't make up the difference in cash. In most cases, the lender forgives a portion of the loan. Why do buyers like short sales? Because it's possible to get a property for a great price since both seller and the bank are motivated.
But if you want to try to purchase a short sale you'll need to be prepared to wait for the bank to approve the short sale and the price. This can take several months depending upon the bank and the current state of the approval process.
Below are all the short sale condos and townhomes currently available in Phoenix.
Over the last 90 days there have been no sales in Phoenix Condo Short Sales.
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Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.
Last Updated: 2022-11-26 02:48:06