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.
Brand New community- Single level home plan offers 3 bed/2 bath. Home will include slab quartz in kitchen with large cook's island great for entertaining, SS appliances, ...
Listing Courtesy of Pacific Lifestyle Homes.
160 Secluded Acres surrounded by thousands of acres of National Forest and state land, perched on a mountain miles behind a locked BLM gate. Sit and watch your investment...
Listing Courtesy of Land & Wildlife.
3 bedroom 2 bath ranch style home in the river-loving community of Umatilla, Oregon! Office/den area with slider to the oversized carport and back yard. The convenient l...
Listing Courtesy of Seaquist Real Estate.
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Listing Courtesy of Keller Williams Southern Oregon-Umpqua Valley.
Wonderfully Updated 1 level home. Family and Living rm, Utility rm, several sliders lead out too good-sized FNCD yard. Remodeled Kitchen and bathrooms. Newer paint and ca...
Listing Courtesy of Windermere Northwest Living.
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Listing Courtesy of RE/MAX Integrity.
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Listing Courtesy of Rose Country Realty.
2 bedroom 1 bath affordable home in Coos Bay
Listing Courtesy of Pacific Coast Real Estate & Development, LLC.
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Listing Courtesy of Keller Williams Southern Oregon-Umpqua Valley.
The possibilities are endless to create your own working farm or rural retreat just minutes from downtown Bend! 10 acres with 8 acres senior irrigation rights. 2-story 3B...
Listing Courtesy of William Johnson, Broker.
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Listing Courtesy of CJM Realty, LLC.
3 Bedroom 2 bathroom manufactured home on a large lot near Shady Cove. There is a detached carport and a nice side yard. Inside has an open floor plan, and an eat-in ki...
Listing Courtesy of RE/MAX Integrity.
Offers to be placed on Xome. Interior inspections are not available, do not trespass! Forward all inquiries and questions to Xome Customer Service. NO REPRESENTATION TO V...
Listing Courtesy of Realty Services Team. trista@myersteamreo.com
Imagine the possibilities in this single-level charmer on a spacious corner lot in SE Bend. Open concept in main living area with renovated kitchen and access to home's ...
Listing Courtesy of The Agency Bend.
Take over finishing this luxurious estate on 10 quiet acres about 15 minutes from Hillsboro! Much is completed in the two structures of just over 10,000 sq.ft. of living ...
Listing Courtesy of TreeHouse Realty.
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Listing Courtesy of Berkshire Hathaway HomeServices NW Real Estate.
This beautifully updated home boasts all-new floors, fresh paint, upgraded appliances, and a new roof installed in 2022. The spacious backyard is a paradise, featuring fr...
Listing Courtesy of Windermere Northwest Living.
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Listing Courtesy of White Star Realty, Inc.
Unique property on almost a half-acre. Main house has two bedrooms, one bath with some remodeling. Second home is an ADU with one bedroom, one bath. Views of the Willame...
Listing Courtesy of MORE Realty.
ATTENTION DUNE RIDERS & BOATERS! Dream Home Alert! Check out this charming gem, perfectly nestled on a 0.12-acre lot. Completely remodeled in 2013, this home is a treasur...
Listing Courtesy of Ocean Dunes Realty.
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