Traditional sale vs bank owned homes – plus your list of bank owned homes for – La Pine, Three Rivers South and Sunriver as of October 1, 2010
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.
Village Mall – Sunriver Oregon – Phase One continues with the redevelopment, installing new composite roofs on buildings 23, 24 and 25 is basically complete. When you are in the Village, take a look at the new dormers, windows and fresh siding. Now on to building 22, it is slated to receive new windows, entty doors, cedar siding and some stone work for additional accents.
Buying a short sale can be a great investment, however, everything depends on the bank’s response to your offer and any other offers. One of the trends I am seeing is listing agents listing a home at a price that is so much lower than everything else on the market it can not help but bring in offers.