Pre-Foreclosures

A Pre-Foreclosure home is commonly referred to as a "Short Sale", as the home is being considered by the bank to sell it short of what the current mortgage holder owes. The bank still has options to consider with a preforeclosure which include working out a settlement with the current owner or taking the home to auction. Therefore, affecting a short sale can be a lengthy process and requires patience for the buyer, and can be purchased at tremendous prices. Linked below are the current short sale properties available in Maricopa. Contact the Fortuna Land & Realty team with any questions you might have about short sales whether you are a buyer or a current home owner in need of solutions. We are the area specialists.