REO in Sun City West Arizona   Listed at $274,900 This is a REO a bank owned home that has been foreclosed and now is going to be or is up for sale.  If you are interested in the property call Scott Schulte 623-388-6520.  This home, when it's ready to sell will be priced to sell and fast.    If your wondering how to purchase a REO property, it's very similar to purchasing any other home... First call Scott Schulte and let him know that you are interested in the property. 2nd you have a loan person provide you with a full LSR (loan status report) that you have gone through the whole pre-approval process, or if you are paying cash for the home have your banker provide you with proof of funds for the amount of the home (no more they don't need to know if you have more). After you have the finances in order you call Scott Schulte to pre-view the home and decide what offer would best fit your comfort level.   After you fill out the paperwork, it's submitted to the bank or asset manager.  This could take a few days depending on what days off the asset manager have or how busy they are.  They normally get back to us right away, but remember each have about 1000 properties to manage and would love to help us immediately.