About Sedona Foreclosures

For information about Sedona Foreclosures call John 928-300-0849 or e-mail.

search for Sedona ForeclosuresBe the first to find out when a Sedona foreclosure comes on the market -

Sedona Inventory Foreclosures Continues to Drop
Of the 358 active listing March 2012, 12 were Foreclosures accounting for 3.3 homes for sale.  This is the lowest it's been in over a year, with the exception of June 2011 when eleven were sold.

Sedona Sales of Foreclosures Of the 50 homes that sold in March 2012 , 8 were foreclosures accounting for 16% of homes sold; on the low side since this number has been as high as 15 .

The average selling price for all properties in Sedona in April 2012 is $184 per sq ft, and for Sedona foreclosures $145 per sq ft.  Sedona Foreclosures have been selling at 98% of asking price, the "Great Deals" have been selling for at or above the asking price.


Preparation is Key!

You need to get Pre-qualified
Banks are pricing foreclosed homes very low in order to move them immediately, and buyers who are ready, willing and able to make immediate offers are the ones getting the great deals.This means that in order to move quickly, you must be either pre-qualified by a lender if financing, or have proof of funds, if paying cash.

You need to know when a Sedona Foreclosure FIRST comes on the market.

We'll set you up for automatic notification so that when a Sedona Foreclosure comes on the market, you'll be the first to know. I recently had two clients call me about two different well priced foreclosures. By the time they called, one Foreclosure had seven offers and the other had five offers, within just days of coming on the market. So don't miss out, get immediate notification.

You Need to Get Your Financing in Order

Financing: We can help. We work with several local lenders in Sedona that have great rates are making loans on homes in Sedona. Although it's more difficult than in past years, banks in Sedona are still giving out mortgage loans, however, they want higher credit scores, a decent down payment, and a buyer who can show they can make the monthly payments for the long term, not just for the next few months.


Cash: You will need a letter from your bank or financial institution stating that you have the funds available for the purchase of the home.


Terms of Agreement
Terms including financing, inspection period and close of escrow, must be clearly spelled out.

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To learn more about Sedona Foreclosures, call  John Limotte 928-300-0849 or e-mail.