My name is Andrew Engel, and I have been a full-time Realtor for the last 4 years and a Licensed Mortgage Broker in the state of Florida for 3 years prior to that. Over the last three years, I have listed and sold nearly $17 million in residential Bank-Owned (REO) and short sale real estate. In that time, I have had the unique opportunity to see firsthand how the Banks operate; what they believe a
re good and bad strategies, how HAMP & HAFFA effect the sales process, and most importantly, I have learned what makes a winning vs. a losing offer. Banks are not people, and they value their distressed real estate (short sale and REO) differently then would an individual. Understanding how banks arrive at a value/pricing can only be learned by doing. I have completed hundreds of Broker Price Opinions (BPO) for over a dozen different Banks and Asset Management Firms, so I have learned how Banks value their distressed assets, how they price them, and how they adjust those prices. In short…the Banks trained me, and now I can put that experience to work for you! My goal is to help buyers navigate the every changing landscape that is Distressed Real Estate for Sale in Scottsdale, Paradise Valley, Carefree, Cave Creek, Rio Verde and portions of North Phoenix.
