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North Scottsdale Homes For Sale With Special Conditions
Lender Owned, Foreclosure, Short Sale, or other special condition.

Updated Thu Sep 02, 2010 8:56 AM.

Boulders Area - Boulders Distressed Homes
- Bellasera Distressed Homes
- Lone Mountain Distressed Homes
- Sincuidados Distressed Homes
- Terravita Distressed Homes
- Whisper Rock Distressed Homes
- Winfield Distressed Homes
- Boulders Area Subdivisions Distressed Homes
DC Ranch - Country Club Village Distressed Homes
- Desert Camp Village Distressed Homes
- Desert Park Village Distressed Homes
- Silverleaf Distressed Homes
- Windgate Ranch Distressed Homes
- Ironwood Village Area Distressed Homes
Desert Foothills Area - Desert Foothills Area Distressed Homes
Desert Mountain Area - Desert Mountain Distressed Homes
- South of Desert Mountain Distressed Homes
- East of Desert Mountain Distressed Homes
- West of Desert Mountain Distressed Homes
Dynamite Foothills Area - Dynamite Foothills Area Distressed Homes
Granite Mountain Area - Granite Mountain Area Distressed Homes
Grayhawk - Grayhawk Distressed Homes
Legend Trail - Legend Trail Distressed Homes
McDowell Mountain Ranch - McDowell Mountain Ranch Distressed Homes
Pinnacle Peak Area - Pinnacle Peak Distressed Homes
- Pinnacle Peak East Distressed Homes
- Sonoran Hills Distressed Homes
Reata Pass/Troon - Troon Village Distressed Homes
- Estancia Distressed Homes
- Troon North Distressed Homes
- Desert Highlands Distressed Homes

Here is a list of definitions often used to describe Distressed Properties.

Definitions
Lender Owned Lender owned is just what it sounds like. Also called REO, which means real estate owned, or bank owned.
Pre-Foreclosure Sale of the property before the foreclosure can be completed. If proceeds from the sale aren't enough to fully repay the loan, this is often referred to as a "Short Sale".
Short Sale The "short" in short sale actually refers to the fact that the payoff amount agreed to in the transaction is "shorter" than the mortgage balance on the property. Simply put, there is more owed on the home than it will sell for.
 

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