When in Arizona have options for purchasing 1 day out of foreclosure or short sale. The loan programs have restrictions, but you can actually go purchase a home without having to do fancy things like owner financing or lease purchases. The lender who I use for this kind of financing says their lending institution does these outside of Arizona too.
If you are local to Arizona looking for homes for sale and would like to learn more about this financing options then please contact me. Agents if you want to get dialed into my lender(s) who are offering then then please let me know. It is a great way for people to get back into real estate while the housing prices are still super affordable.