R.O.I. Properties, a Phoenix-based real estate firm, specializes in helping Canadian real estate investors buy REO properties in Arizona. Buying REO properties creates an enormous opportunity for both the small and large investor.
Phoenix, AZ (PRWEB) October 20, 2009 -- R.O.I. Properties, a Phoenix-based real estate firm, specializes in helping Canadian real estate investors buy REO properties in Arizona. Buying REO properties creates an enormous opportunity for both the small and large investor.
"Canadian real estate investors are really starting to see a huge benefit in REO properties in Arizona," said Beth Jo Zeitzer, President / Designated Broker of R.O.I. Properties. "We specialize in helping Canadian investors meet their needs and avoid the hassles involved in the buying process."
Canadian real estate investors are experiencing the best exchange rate in nearly three decades. In fact, Canadian investment in U.S. real estate more than doubled from 11% in 2008 to 23.5% in 2009.
Why are they focusing on REO properties in Arizona? First, the median sales price of an REO property is $130,000 - half of what it was just 2 years ago. With real estate prices down 45-50% (in some cases lower than it has been in 20 years), Arizona real estate presents a significant value proposition.
Second, the average price per square foot of an REO property is $60.00, compared to an average sales price of $150.00 per square foot on a regular property. And third, while buying an REO property can be difficult and confusing to some buyers, R.O.I. Properties' extensive listings and established relationships with lenders can help to make the process easier and faster. R.O.I. Properties lists investor properties from as low as $9,000 to multi-million dollar homes, all of which are significantly discounted over most recent sales.
For more information about Canadian real estate investment opportunities related to REO properties in Arizona, visit ROIPropertiesAZ.com.
About R.O.I. Properties
R.O.I. Properties is a full service real estate brokerage firm specializing in Arizona foreclosure properties, bankruptcies, probate properties and more. R.O.I. works with banks, lenders, asset managers, bankruptcy attorneys, receivers, fiduciaries and turn around professionals to sell their distressed real estate assets, both residential and commercial.
###
Read the full story at http://www.prweb.com/releases/canadian-investors/az-reo-properties/prweb3152694.htm.