Upgrade Your Lifestyle with Carefree Foreclosures

Although Carefree, Arizona is just a stone's throw from bustling metropolises Phoenix and Scottsdale, its ocean-like stretches of breathtaking Sonoran Desert--sprawled out beneath an always-clear blue sky and punctuated with stunning panoramic mountainscapes, majestic saguaro cacti and striking boulder formations--gives it the feel of being a million miles away. Adding to that illusion is the town's elevation of 2,500 feet, which keeps the air free of the pollutants that settle over Arizona's valley and maintains an average temperature that's 10 degrees cooler than in Phoenix. Living up to its motto, 'The home of cowboys and caviar, where the old west meets the new," Carefree is also home to a number of fine restaurants, sidewalk cafes, boutiques, art galleries and jewelry shops. For these reasons, the desert paradise has long been a highly sought-after destination for the fortunate few who could afford the luxurious homes it has to offer. And now, with the help of Carefree Foreclosures, you can be among them.

With a record number of foreclosure homes currently for sale, there's never been a more opportune time to be in the market for a home. By enlisting the services of a qualified firm like Carefree Foreclosures, you can move into a home for as low as 60 percent of its market value in some cases. In addition to making available an array of properties that previously might have been out of your price range, it eliminates the need to wait years before you start building equity in your new purchase. When buying a foreclosure home that's worth more than you pay for it, the equity is built-in and instant. And if you hang onto it until the floundering real estate market turns around, the investment will likely yield fortunes you once only dreamed of.

Why Are Foreclosures Such Good Deals?

By definition, a foreclosure is the legal process in which a lender takes possession of a fixed property in an attempt to reclaim funds a borrower has failed to pay back. Since the recession began, banks and other types of lenders have reclaimed an estimated 4.2 million properties as more and more homeowners not only found they were unable to afford their mortgage payments, but also discovered tightened loan requirements left them incapable of lowering their interest rates through refinancing. And true to the idiom, "It's always darkest before the dawn," the foreclosure epidemic is only expected to get worse. Financial experts predict another 5.8 million foreclosures before an economic recovery begins in 2012. Even in desirable locations like Carefree, foreclosures have reached record levels.

Although the ousted victims of the housing market crisis might feel differently, the fact is the lenders that have suddenly acquired all of these homes aren't in the business of selling real estate. When they foreclose on a home, their sole interest is to avoid losing money on a loan to help prevent their business from going under. With the average time of selling a market-value home in the U.S. having reached nearly one year, financial institutions and lenders aren't in a position to hold out for premium prices while competing with other homes on the market. Simply put, they're more interested in recovering the money still owed on a given home than they are making a profit. As a result, there's never been a broader selection of incredibly inexpensive homes available. Carefree Foreclosures can help you get into one of these homes.

Above-Average Homes for Average Prices

Even in this harsh economic climate, the weekly average listing price for a home in Carefree continues to hover somewhere between $1.1 million and $1.6 million. While that price range makes living in the enviable desert Eden an unattainable dream for many homebuyers, a random sampling of foreclosure properties currently available shows that dreams can become reality: The average price of a foreclosed home in Carefree is $653,000, with some selling for as low as the $300,000 range. These previously unheard of prices provide homebuyers with a rare opportunity to advance to an upper-class style of living for a middle-class cost. And with built-in equity that's sure to increase in dramatic leaps and bounds as the housing market recovers, they also present an investment opportunity that's certain to change the rest of your life for the better. Carefree Foreclosures can help bring about that change.

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