Many of the homes for sale in Central Oregon see huge price reductions in the winter – after all “no one buys in the winter time.”
This year we have a nice inventory of bank owned homes in Central Oregon. These homes may or may not have the heat on may or may not be plowed, but heck we live in or want to live in Central Oregon we own a pair of boots or two don’t we?
With all the great lending programs available with great rates, low down payments now is the best time we have seen in years. Recently, I helped one buyer buy a bank owned home that once the payment, including taxes and interest was calculated they will be saving $40 off what they had been paying for rent. Think about this – a first time home owner receives a tax credit, plus the interest is tax deductible and they are paying less than they were for rent.
If you are looking to purchase a bank owned home (REO or Repo) then you need a “Bank Owned Buyers Specialist” working for you. Call or email for you list of homes or to set an appointment – let’s see if we can put you in your own home and save you some money.