Buying a Short Sale

So You Want to Buy a Foreclosure!

In all honesty the current real estate market in Central Oregon has brought out a series of buyers that vary almost as much as the Central Oregon landscape.  One common thread Realtors® hear no matter what the price point of the buyer or the type of home a buyer might like is that they would [...]

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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 [...]

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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 [...]

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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 [...]

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Early Occupancy and the Short Sale

Any Real Estate Professional will tell you one of the biggest nightmares in their career is early occupancy.  Some buyers or sellers may ask what early occupancy is, it is when the buyer moves into the home prior to the close of escrow.  It makes the seller a landlord at the end of the day [...]

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