Fountain Hills, AZ Bank Owned Foreclosed Homes 5/15/11

Fountain Hills, AZ Bank Owned Foreclosed Real Estate 5/15/11

38 Bank Owned Foreclosed Homes available on the Fountain Hills Real Estate Market the week of 5/15/11. This is about 1 more than last week.

The Fountain Hills Bank Owned Foreclosed homes continues to evaporate.

There were close to 40 Foreclosed Bank Owned homes on the Fountain Hills Real Estate Market less than a month ago!

Visit Fountain Hills, AZ Real Estate Bank Owned Foreclosed Homes to view them all.

They range in price from $37,900 for a condo in Fontana to $1,450,000 Luxury Home in FireRock Country Club.

Single Family Home only $225,900

Bedroom(s): 3

Bathroom(s): 2

Square Feet: 1836

Single level territorial style hillside home with closet organizers, pool, spa, Arizona room and beehive fireplace. Access home via beautiful walled private courtyard. Mountain views!The Property is tenant occupied and is being sold subject to the existing lease. Tenant will remain in possession after closing. The Security deposit will be transferred to the buyer by the Sellers Property Manager within 10 days after the closing.The rent will be prorated on the closing statement as of the closing date provided that the current months rent has been received.”

SunRidge Canyon Luxury Golf Home Only $584,900

Bedroom(s): 5

Bathroom(s): 4.5

Square Feet: 3544

Year Built: 1997

HUGE PRICE REDUCTION! **Please contact listing agent for more information on how buyers purchasing a property as Owner Occupants may be eligible to receive 3.5% in closing cost assistance.** Spectacular mountain and golf course views from this premium lot in Sunridge Canyon. Executive finishes throughout with extensive tile, granite counters, upgraded carpet, 4 baths plus a powder rm. Extensive use of large windows make it light and bright and showcase golf and canyon views. Entertainer’s delight with gourmet kitchen island, family room and living room designed to take in full view of mountains and resort landscape. Spacious private yard ideal for large group entertaining. Inviting Pebbletec pool and extensive covered party patio with misting system for summer days and nights.

If you would like a me to preview one of these homes for you contact me. I have most of them on file but if I don’t I’ll photograph the “Good, Bad and the Ugly” so that you can get a real idea of what the home is like. Not just some glamor shots.

I don’t think that Fountain Hills has the “Shadow Inventory” that so much of the Phoenix Metro area supposedly has. There’s no way to know for sure but the Bank Owned Foreclosed Homes has been holding steady between 43 and 49 available on the market at any given time and now we’ve dipped below the 35 for 2 weeks. With Interest rates still low and home prices very low you might consider investing in Real Estate. Gas, Gold, Stocks and Commodities are all at record highs and are continuing to move up. While Real Estate is at record lows and they aren’t making any more of it.

So are you going to Buy High and Sell Low or Buy Low and Sell HIGH?

Fountain Hills, AZ Inventory is now at 4.2 months! 6 Months inventory is considered normal. 4.2 months is considered a SELLERS MARKET!

If you’ve been waiting on the sidelines you might have waited too long.

There are many homes that are not Bank Owned or Foreclosed available that are priced to be competitive with the market. Even though some of these are Short Sales, which remain troublesome, many are people selling because they have to relocate or for other reasons. The only way these homes will sell is to price them at fair market value. So don’t overlook an opportunity to buy just because it’s not a Bank Owned Foreclosed Home.

For a complete list of all the homes available in the Fountain Hills Real Estate Market and the Surrounding Communities of Rio Verde and Goldfield Ranch visit,
Fountain Hills, AZ Real Estate

If your looking for more information on the Town of Fountain Hills, Things to Do, Reviews, Views from Eagle Mountain, Eagle Nest, Sunridge Canyon, Firerock Country Club, Rio Verde, Tonto Verde and Goldfield Ranch be sure to follow my Posts at,
Fountain Hills Information.
I have all sorts of fun and exciting videos on Fountain Hills at this sight. Including a rare video of Javelina Nursing as close as 1 foot away.

I’ve been a resident of Fountain Hills, AZ since 1973. If your considering buying or selling a home in Fountain Hills it’s important that you have an Agent that knows the community and its resources.

The weather in Fountain Hills continues to marvelous! 60’s in the mornings and mid 90’s in the afternoon. Perfect for a morning or evening walk around the Fountain Park,

If you would like more information on Fountain Hills or the Real Estate Market contact me!



Mark Gridley, Realtor
eXp Realty, Fountain Hills, AZ
cell: 480.818.5155
fax: 602.467.3012
toll free: 888.897.7821 x 117

Contact Me YouTube Facebook Twitter



Mark Gridley, Realtor
eXp Realty, Fountain Hills, AZ
cell: 480.818.5155
fax: 602.467.3012
toll free: 888.897.7821 x 117

Contact Me YouTube Facebook Twitter

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