The Condo Mania Team
Categories > Tempe Bank Owned Condos for sale
If a Tempe condo or townhome go through the foreclosure process (actually known as a trustee sale), they will be owned by the lender, who puts the property up for sale again. Though these kind of properties can be bought as a discount, it is not always the case.
Bank owned (also known as "Lender Owned") condos and townhomes are easier to buy than short sales. However, prices may start out high at first and lower over time until a buyer is found. You'll need an expert in pricing to help you determine the right price to pay for a bank owned property. Contact us for help with these properties.
Here are all current bank owned condos and townhomes for sale for Tempe, Chandler, Mesa and Gilbert.
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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: 2023-02-05 04:37:45