Tuesday, March 13, 2012

Arizona Homes for Sale by Owner

In recent years, Arizona homes for sale by owner have increased significantly. These are homes that are listed and sold without the use of a real estate agent. For many people, this can simplify the sale process and reduce the cost and fees that the seller experiences with FSBO homes in Arizona.

A look at the website RealtyStore.com shows that in Arizona alone there are 2,961 FSBO homes in Arizona alone. Of these Arizona homes for sale by owner, the majority of them are in Maricopa County with approximately 1,009 listed as of the date of this article. For these homes, the majority of them are listed in the Phoenix Metropolitan area.

Many of the homes that are being listed, a majority of them are discounted up to 50% off. This means that an individual can purchase a property in this state at a fraction of the price and turn around and make a healthy profit off the resale as the real estate market improves with the building of the local economy.

Those looking for a decent deal on a home may want to consider one of the FSBO homes in Arizona. Since there won’t be agents directing the sale, there is a possibility for better negotiations and pricing that you can experience with this purchase of any home. Just make sure that you do look into a property and understand the facts about it before you put money in escrow to avoid any potential problems.

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