Off-Market and Distressed Homes in Arizona You Should Know About

By Dave Zajdzinski

Dave Zajdzinski and the team bring 40 + years of real estate experience to home buyers and sellers throughout Arizona.

Are you interested in finding a home in Arizona that’s distressed, off-market, or just going to sell below value? If so, you should know that these opportunities exist right now, and there are more of them than most buyers realize.

I currently have a list of over a thousand properties across Arizona that fall into this category. These are homes where something is going on with the seller’s situation. Maybe the property needs work. Maybe it’s cash only. Maybe the seller is going through a bankruptcy, a foreclosure, or a short sale. Whatever the reason, these are motivated sellers, and that means opportunity for buyers who know where to look.

Now, out of roughly 30,000 homes on the market in Arizona, these thousand or so represent a specific slice. They’re not for everyone. But if you’re someone who’s looking for a deal and you’re willing to put in a little effort, this list is a great starting point.

Here’s the part that surprises most people. A lot of buyers assume you need cash to buy a distressed property, and that’s just not true. I have access to loan programs that let you purchase the home and finance the renovation all in one loan, using the bank’s money. So even if the home needs significant work before you can move in, you don’t have to come out of pocket for the repairs. The bank funds the purchase and the renovation, and you move in once the work is done.

What kind of savings are we talking about? On some of these distressed properties, we’re seeing purchase prices at 70-80% of the home’s actual value. That’s a potential savings of 20-30% compared to buying a move-in ready home at full market price. For a buyer who qualifies, that’s real equity built in from day one.

As a Certified Distressed Property Expert, I’ve been helping buyers and sellers work through these transactions for over 40 years. Short sales, foreclosures, and fixer-uppers are not something I dabble in. It’s a core part of what I do every day.

If you want to see the current list of distressed and off-market properties, find out if you qualify for a renovation loan, or just explore whether this path makes sense for your situation, I’d love to set up a time to talk. I can also set you up on alerts so you’re notified as soon as new properties matching your criteria hit the list.

Call or text me at 480-933-1235 or email dave@zteamaz.com. You can also visit zteamaz.com to learn more. Let’s see if we can find you a deal.