Bank owned home comes to the market in Mesa yesterday.
Home is off the market this morning with eight offers submitted to the bank, including my client’s offer.
Eight offers in one day? It feels like 2005.
Oh, and Arizona real estate commissioner Sam Wercinski says mortgage fraud – including cash back schemes – are on the rise. Looks like the bottom feeders are emerging from under their rocks to take advantage of folks who haven’t read a headline in two years.
More on Commissioner Wercinski’s talk before the Arizona Real Estate Educators’ Association tomorrow.
[tags]Phoenix real estate, bank owned homes, mortgage fraud[/tags]