short sale

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 [...]

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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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Yes Sunriver Has a Few Short Sales and Bank Owned Homes

Sunriver Oregon does have a few short sales and bank owned properties. Some buyers have recently told me that other agents have told them that Sunriver has not been affected by this market. To them I say “please tell the truth.”

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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.

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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.

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