In Greater Phoenix there are about 30 lender owned properties or sale at this time in June 2008. 

The difference between an REO or lender owned property and a short sale is that the lender owned property is a foreclosed property.  It has been through the process, past the short sale.  The short sale is quite different because its still owned by the mortgagee who is trying to sell it for less then the outstanding mortgage.  The list attached has NO short sales in it.  It contains 24 lender owned properties or varying price and condition. 

Download a PDF list of the 24 lender owned multifamily properties.  This list contains basic information about each property.  Should you have any additional interest in any please call me, Artur at 602.628.4349.  or call me for any other questions.

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