Bid Prestige Bidding Service AZ Blog

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Real Estate Agent - Bid Prestige | Prestige Brokers
We are a 'start to finish' bidding service helping investors acquire properties from the auctions daily. We provide all the necessary information for investors to make a purchasing decision. We assist investors in fixing & flipping and buying & holding properties for monthly cash flow. With years of experience in finding, researching, bidding, and selling properties from trustee sales, we help investors to utilize the necessary tools and market information to purchase properties at auction. Our niche markets include: Phoenix Arizona Foreclosures, Gilbert Arizona Foreclosures, Tempe Az Foreclosures.
RECENT BLOG POSTS
Pretty interesting article about why it's time to buy! Your thoughts? http://online.wsj.com/article/SB10001424052702304563104576361522020024248.html?mod=WSJ_RealEstate_LeftTopNews
06/06/2011
According to a recent article by CNN Money, foreclosures are off 30% so far this year.  There are a number of different theories for why this is the case.  In this article, it's suggested that one of the main reasons is the robo-signing fiaso that banks are stuck in right now.   In my last blog, ...
04/20/2011
Last week we talked about shadow inventory and how it effects our real estate market.  This week we'll look at a growing problem that is effecting our industry every day:  Bank Forgeries and Mortgage Backed Securities.   If you saw 60 Minutes last weekend, you caught a glimpse of just how big thi...
04/11/2011
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According to a recent study by the National Association of Realtors (NAR) Arizona has 9 months of shadow inventory which is 60,285 properties. The term 'Shadow Inventory' is referring to properties that are in default but haven't received a notice of foreclosure yet.  Officially, these properties...
03/30/2011
As we near the end of the first quarter of 2011, it looks like this market could be getting back to normal in the near future - at least for the short term.  In the Phoenix Metro Area, foreclosure filings have been down significantly, which can only help stabilize the buyers market for the time b...
03/18/2011
According to an article in the WSJ today, bank regulators are pushing for the minimum down-payment on home loans to be at least 20% down.  Most of this regulation is to make loans less risky and avoid homeowners having their properties go 'underwater'.  Many are talking about another housing bubb...
03/02/2011
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What is Bid Prestige? We are a 'start to finish' bidding service helping investors acquire properties from the auctions daily. We provide all the necessary information for investors to make a purchasing decision. We assist investors in fixing & flipping and buying & holding properties for monthly cash flow. With years of experience in finding, researching, bidding, and selling properties from trustee sales, we help investors to utilize the necessary tools and market information to purchase properties at auction. Our niche markets include: Phoenix Arizona Foreclosures, Gilbert Arizona Foreclosures, Tempe Az Foreclosures.