Phoenix Arizona Investment Property with Oggy Karchev of Realty ONE Group

This Sunday February 8th 2009 at the Doubletree Scottsdale Resort.

Starting Bids at $340K originally priced at $1.5 million

The weak condominium market in Phoenix and Scottsdale Arizona is making it harder for developers to sell inventory and that's opening the door to great deals for home buyers and positive-cash flow opportunites for Phoenix investors. Twenty of these upscale condominiums, originally priced at up to $1.5 million, will be auctioned off to the highest investor bidder this weekend in the community of Artesia. A brand new, development occupying 44 acres in the heart of Scottsdale. A lot of developers are having to make these bold moves and change their marketing tactics to try and pull themselves out a of the Arizona condominium market plunge. This adds up to great deals for home buyers and investors alike.

They always suggest you have a realtor to represent you at the Auction."The realtor is always paid by the seller so it doesn't cost the buyer or investor any more to go in there by themselves or with an experienced realtor to let them know the terms and conditions and most importantly, crunch the numbers to make sure your condo makes sense all around."

In addition to Scottsdale, there are several condo hot spots all across the Metropolitan Phoenix Valley including Val Vista Lakes in the Gilbert area, downtown Phoenix and Tempe.

Investors: the time to buy real estate is beginning to fade. There are signs that the Phoenix area real estate market is trying to revive. Don't wait to purchase some of this outsdanding positive cash-flow Phoenix investment property.