🏚️ What Are Distressed Homes (Foreclosures & Short Sales) — and Why They Still Offer Big Opportunity in Phoenix

Everyone wants a deal — but in this market, the real deals aren’t always obvious.

Foreclosed (bank-owned) and short sale properties used to dominate the Phoenix market after the 2008 crash. Today? They’re rare — but not gone. And when they do hit the market, they often come in under market value because most buyers either:

  • Don’t understand how to buy them
  • Don’t want to deal with the extra paperwork
  • Assume they’re all falling apart

That’s your edge.


🔍 What Counts as a “Distressed” Property?

  • Foreclosures / Bank-Owned: The lender has repossessed the home. These are usually vacant and priced to move.
  • Short Sales: The homeowner is still in the property but owes more than the home is worth. The bank agrees to sell it short to avoid foreclosure.

Both require patience, an experienced agent (hi 👋), and sometimes a little elbow grease — but they can save you serious money up front.


💰 Why Now?

📉 Summer 2025 is giving buyers more room to negotiate, especially on distressed listings.
💸 Some sellers (and banks) are even offering concessions to offset closing costs or needed repairs.
🏠 Inventory is up, competition is down — and distressed homes are slipping through the cracks of most buyers’ saved searches.


🔗 Browse Active Foreclosure + Short Sale Listings in Phoenix:

👉 Phoenix Distressed Homes — Updated Daily


If you’re tired of paying retail — and willing to play a slightly longer game — distressed homes can still deliver value in 2025. Want help navigating them? I’m happy to walk you through it.

Brent Hammonds — Associate Broker / REALTOR®
HomeSmart Real Estate
📞 602-717-3219
📧 azbrokerbrent@gmail.com
🌐 phoenixmlshomes.com
📝 azbrokerbrent.blog
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🏡 Instant Home Value

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