Central Oregon Log Home Info Central Oregon has a lot of great log homes for sale. Log homes are thought to be priced higher than a standard frame built home. There are log homes in many price ranges. They are more expensive to build, and take a lot of time, precision, labor and attention to […]
What is an Accepted Offer on a Short Sale
иконописПравославни икониCentral Oregon Short sales are confusing to almost every party involved. Many times a listing agent without the proper experience or without the proper guidance does not realize who they are truly working for. Often they will actually act on behalf of the bank instead of the seller. A listing agent represents the Seller […]
How Long Does It Take To Buy a Short Sale?
икони Your Perfect Home a Short Sale? You have found the perfect home in Central Oregon, and you discover it is a short sale! One of the most common questions is…. How long will it take to buy this home? The answer is not simple; it just depends on a lot of different conditions. What […]
There Is Already an Offer on Short Sale
Many times a buyer will tell me that they really love a home that is listed as a short sale and it already has an offer on it. Most of the time writing an offer on such a property gives you an opportunity to be in line so to speak for the property. Often times […]
How Long Before I Can APPLY For A Loan
One of the biggest questions from Short Sale Sellers in Central Oregon is how long before I can apply for a new mortgage. The answers have been slow in coming but finally some mortgage folks are stepping up and answering our questions. Jason with Home Loan Ninjas answers this and a couple of similar questions […]
I Have a Bankruptcy How Long Before I Can APPLY For a Loan
One of the biggest questions from Short Sale Sellers, and folks facing bankruptcy in Central Oregon is how long before I can apply for a new mortgage? The answers have been slow in coming but finally some mortgage folks are stepping up and answering our questions. Jason with Home Loan Ninjas answers this and a […]
What is a BPO
Many of the seller’s of Central Oregon short sales are finding that banks are starting to work with them prior to having an offer on the table. Some of the banks are willing to start looking at pricing prior to having an offer. Especially when the market does not support the loan amount. Sometimes a […]
Is It A Scam Or A Hero?
Every single short sale, foreclosure or stressed out homeowner is a different story, with different endings but they all have a lot of similarities. Before making the decision to sell your home for less than you owe the bank (that is what a short sale is) you really need to gather some information from; attorneys, tax professionals, lenders and REALTORS®. There are a lot of consequences that come with a short sale or foreclosure, many of them you would not even dream about.
The Short Sale and The Buyer
A short sale on the buyer’s end should be thought of as a traditional sale, you have a buyer that is wanting to purchase a home, a seller wanting to sell a home. The only difference at this stage is that the seller can not sell the home at the sales price without the bank’s approval.
Short Sale Seller's Do Your Home Work
More and more short sales are closing successfully as of late. My personal opinion is that the banks have finally found ways to at least attempt to process the volume they are seeing and that sellers and real estate professionals are educating themselves on what works and what does not. A short sale is a […]