These type of properties are probably the most misunderstood peices of real estate ever. It can either mean a chance at massive returns on investment or a result of financial ruin. Down below you wil find a few key important facts on foreclosed properties and how you can get access to them.
A lot of times buying a distressed property can be very hard because of the family that is usually facing the financial stress that comes from losing their home.
This is why many buyers choose to do business directly with the bank. Making the proccess more predictable and non-emotional.
Buying a foreclosure is not as simple as you think... Many banks are either looking for 1 of 2 things.
1. To get full market value in order to recoup all the money they lost in the original transaction.
2. While other banks are more worried about just getting rid of it, to liquidate their REO inventory. Because non-performing assets have a huge backlash effect on their books.
To be effective at the buying process with a foreclosure, takes having relatioships with the asset managers and REO officers. This allows you to find out which lenders are most motivated to give you a bargain of a lifetime.
This is where we come it...
We have over 10yrs of experience in dealing with REO officers. During that time we have established very solid relationships with the major lenders.
If you are a investor or buyer looking for foreclosed or lender owned properties, click here to contact us.
Welcome home to this Longview property offering 3 bedrooms and 1.1 bathrooms in approximately 1,199 square feet of living space. Built in 1967, this single-level home fea...
Listing Courtesy of John L. Scott Real Estate.
Affordable opportunity in NE Redmond! This charming, manufactured home could really shine with a little TLC, most of which is cosmetic in nature. A great candidate for bu...
Listing Courtesy of Desert Sky Real Estate LLC.
Located on a corner lot in Enterprise, this 3-bedroom, 1.5 bath ranch style home offers 1,275 square feet of single level living. The home features laminate flooring, a f...
Listing Courtesy of Eagle Cap Realty, Inc.
Portland charm with a welcoming front entry, established landscaping, and mature trees that frame the home. Located in Northeast Portland, this property offers an opportu...
Listing Courtesy of PDX Dwellings LLC.
4-bedroom, 2-bath home totaling 1,496 square feet (748 sq ft main level / 748 sq ft lower level) on a 0.16-acre fully fenced, treed lot. Built in 1962 with wood siding, c...
Listing Courtesy of Mal & Seitz.
Unlock the potential of this spacious multi-level home offering 2,365 sq. ft. of living space across four levels. Designed for flexibility and function, the home features...
Listing Courtesy of Desert Sky Real Estate LLC.
This 3 bedroom 2 bath home is located in Rogue River .20 acres with a nice sized backyard. it has an attached 1 car garage and a covered front porch.
Listing Courtesy of Action Realty.
Squires Estates is an all-aged community with space rent of roughly $850 at the time of this listing. Huge home on cul-de-sac street with great front yard curb appeal. Ho...
Listing Courtesy of Willamette Equity Brokerage LLC.
Great opportunity on 5.82 acres in Wolf Creek! Built in 1999, this 2-bedroom, 1-bath home offers 1,232 square feet of living space, plus an additional 792-square-foot unf...
Listing Courtesy of Home Quest Realty.
3BR/2BA 1606SF home built in 1995 Home needs your vision but excellent Silverton neighborhood. Ideal for buy and flip investors and priced to get your attention. Or an op...
Listing Courtesy of White Star Realty, Inc.
3BR/2BA 1606SF home built in 1995 Home needs your vision but excellent Silverton neighborhood. Ideal for buy and flip investors and priced to get your attention. Or an op...
Listing Courtesy of WHITE STAR REALTY INC. Agent: 971-240-0656
Take a look at this new listing! Investment opportunity in the heart of Milton-Freewater! Built in 1908, this two-story farmhouse offers 3 bedrooms, 2 bathrooms, a covere...
Listing Courtesy of Seaquist Real Estate.
Welcome Home! This charming 3 bedroom 2 bathroom home is located close to Reinhart Park. This quaint property offers a partially covered rear deck, 2 car attached garage,...
Listing Courtesy of Realty Services Team. trista@myersteamreo.com
Spacious 2019-built home offering 5 bedrooms, 2.1 baths and approximately 2,572 square feet with a highly desirable primary suite on the main level. The open-concept main...
Listing Courtesy of Oregon First.
A previous remodel was beautifully done and has includes a huge kitchen with quartz countertops and backsplash, stainless steel appliances, under counter lighting, floor ...
Listing Courtesy of White Star Realty, Inc.
Previous remodel was beautifully done & includes a huge kitchen w/ quartz countertops/backsplash, stainless steel appliances, under counter lighting, floor coverings, rec...
Listing Courtesy of WHITE STAR REALTY INC. Agent: 971-240-0656
Ready for a fresh start, this property offers an opportunity to bring it back to life. The home has fire damage. Explore the possibilities and create something uniquely y...
Listing Courtesy of Pacific Coast Real Estate & Development, LLC.
La Grande Opportunity! This 2-bedroom, 1-bath home features a covered front porch and attached garage. Whether you’re an investor looking for your next renovation project...
Listing Courtesy of Seaquist Real Estate.
Outstanding value and a great opportunity to build equity! Priced to reflect its fixer condition, this one-level ranch offers incredible potential at an attractive price!...
Listing Courtesy of Knipe Realty ERA Powered.
This turnkey property is a blank canvas ready for your business. Five private offices plus a large conference room, a full-size kitchen, and a full bathroom are all gated...
Listing Courtesy of RE/MAX Powerpros.
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