Phoenix, Arizona 85009
Listing Details
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Phoenix, AZ 85009

| 1,542 sq. ft.
Bankruptcy
Listing ID: 52625575
Real estate is a valuable asset of which a court can take control to sell and obtain funds to pay off debts. Property owners who are experiencing financial issues are often motivated, willing to consider selling their homes at discounts to liquidate equity and avoid bankruptcy. And the payoff(s) for a savvy buyer and/or investor can be huge. For more check out 'First Steps' below.
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  • Property Information
    • Living Area Size: 1,542
    • Year Built: 1956
    • Day(s) On Site: 118
  • Property Tax Roll
    • Subdivision: ENCANTO ESTATES AMD
  • County Tax Roll
    • Rooms: 5
    • No. of Stories: 1
    • Parking: CARPORT
    • Air Conditioning: REFRIGERATION
    • Exterior Wall Type: BLOCK PAINTED
    • Heating Type: FORCED AIR
    • Roof Material: ASPHALT
    • Land Area Sqft: 12,131
    • Year Built: 1956
    • APN: 110-44-062
    • Property Type: Single Family Residence
    • Township: PHOENIX
    • Living Sqft: 1,542
    • Garage: CARPORT
    • Subdivision: ENCANTO ESTATES AMD
  • Bankruptcy Information
    • Owner First Name: JAMES
    • Owner Last Name: BURTON
    • Case Number: 2:19-bk-07270-BKM
    • Filing Date: 06-12-2019
    • Record Type: CHAPTER 7 FILED
  • NEW Credit Information Center
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    • Are you the victim of identity theft?: Find out
  • County Information
  • Document Center
Listing History
Start Date End Date Listing Type  
06/01/12 09/01/12 Foreclosure View now
05/10/12 09/29/12 Foreclosure View now
04/30/12 05/01/12 Foreclosure View now
01/19/12 04/24/12 Preforeclosure View now

FIRST STEPS:

Bankruptcies

Real estate is a valuable asset of which a court can take control to sell and obtain funds to pay off debts. Property owners who are experiencing financial issues are often motivated, willing to consider selling their homes at discounts to liquidate equity and avoid bankruptcy.

Read more

And the payoff(s) for a savvy buyer and/or investor can be huge.

To make it work, you need to learn all you can about the property from public records, as well as contact the Realtor® if the property is for sale. For your convenience, this contact information is located under the property's "Bankruptcy Information" header.

If it is not listed, you will need to speak to whomever the court officer directs you to contact regarding the purchase of the property.

Important: We often share the debtor's mailing address in a bankruptcy filing, which is attributed to the person(s) living in the home. Accordingly, it's possible that a tenant(s) and/or renter(s) is facing bankruptcy and not the actual homeowner(s) on the title/deed.

Collecting this information at the county courthouse or records office will enable you to learn what actions must be taken to make a valid offer to purchase. In most cases, your offer will have to be approved by the bankruptcy judge or trustee who is in charge of liquidating or selling the assets of the person who filed bankruptcy.

The court's objective is to get a fast but fair offer for the real estate, converting it to cash to satisfy and pay as many of bankrupt person's creditors as possible.

With patience and persistence, however, it's possible to turn someone's misfortune into your personal gain.

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