Looking for value in that HOT niche that unfortunately has been created in our market, both the national real estate market and in our own Central Oregon real estate market: FORECLOSURES???? In our office, the largest for volume in Central Oregon, about 1/3 of our transactions in escrow and recent closings are foreclosures or short sales -- the seller owes more than the home is worth.
The most active segment of our market is homes below $250,000, a price range in which we had difficulty even finding homes for buyers a short two years ago. And there are some fabulous homes in that range! Single level, new or fairly new, landscaping included -- all these for much less than $250,000! Give me a call at 541-408-6720 and I'll help you focus on a few spectacular buys in this range or any other.
For foreclosures, see www.usa-foreclosure.com. I can also pull up short sales for you. These are priced low to draw a quick offer so that the bank can begin negotiations to get the home sold as fast as possible.