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.
Unbeatable price in Wilsonville! This top floor condo has an efficient 1 bedroom layout with all appliances included. Recently updated with granite counters, stainless ap...
Listing Courtesy of Berkshire Hathaway HomeServices Real Estate Professionals.
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Listing Courtesy of Keller Williams Sunset Corridor.
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Listing Courtesy of Rose Country Realty.
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Listing Courtesy of Windermere Realty Trust.
Offers will be entertained after property has been exposed on the MLS for 7 calendar days. Appears to have once been a superb residence or vacation retreat or residence a...
Listing Courtesy of White Star Realty, Inc.
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Listing Courtesy of Coldwell Banker Holman Premier.
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Listing Courtesy of Keller Williams Southern Oregon-Umpqua Valley.
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Listing Courtesy of Curbz Oregon LLC.
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Listing Courtesy of White Star Realty, Inc.
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Listing Courtesy of William Johnson, Broker.
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Listing Courtesy of RE/MAX Key Properties.
:Location! Location! Location! If it's seclusion and endless possibilities you are seeking, look no further.Charming 3 Bedroom, 2 Bathroom, manufactured home with tons of...
Listing Courtesy of Keller Williams PDX Central.
Experience urban luxury living at its finest in this fully remodeled downtown condo with breathtaking city and river views. The open-concept design welcomes you into a se...
Listing Courtesy of H & H Preferred Real Estate.
HUD Home! Super charming 1940's bungalow features four bedrooms and two bathrooms, all nestled on an expansive .38 acre lot. This sunny cutie boasts tons of natural life ...
Listing Courtesy of Front Door Realty.
This expansive townhouse has 2 masterfully designed primary bedrooms and 2.1 appointed baths. The entertaining spaces are grand and gracious featuring an exquisite living...
Listing Courtesy of Mal & Seitz.
Good bones and a nice corner lot. If you have vision and construction skills let sweat equity make your dream home come to life. This original 1404 double wide home has ...
Listing Courtesy of Desert Sky Real Estate LLC.
Calling all investors! This traditional style 1915 fixer has lots of potential. With favorable location and ample space, this property is a perfect renovation project.
Listing Courtesy of Keller Williams Southern Oregon Coastal Real Estate Group.
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Listing Courtesy of Keller Williams Realty Southern Oregon.
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Listing Courtesy of HomeTrust Real Estate.
Come make this cute home yours! Located on a cul-de-sac in a charming neighborhood, a little will go a long way!
Listing Courtesy of John L. Scott Sandy.
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