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I would like to present for your reading enjoyment an article by attorney Phil Querin, a distinguished real estate attorney in Oregon. I have been contending for at least a year that the banks are simply going to have to get better at approving short sales and modifications since the foreclosure process is, quite frankly, a mess due to the ...
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Have you heard of the November 30, 2009, program by the Treasury Department called HAFA? It took effect this week on Monday, April 5, and its guidelines follow below. HAFA (Home Affordable Foreclosure Alternatives Program) is part of the fairly unsuccessful -- well, VERY unsuccessful -- HAMP program, Home Affordable Modification ...
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You have probably heard about foreclosure auctions and heard they take place on the courthouse steps. Is that really true? Well, it really is!
The world of forecosure auctions is complex and requires research and the knowledge base to know what to research. You will also need to know where to find those answers. ...
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In a recent trip to Arizona, an epicenter of the distressed housing market, I picked up a newspaper to read that for the first time there are signs that the $75 billion federal housing program announced in February is beginning to help some Valley homeowners. In our Bend OR real estate we are still seeing astounding numbers of foreclosures, ...
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As is happening nationwide, we in Bend are experiencing foreclosures in record numbers. I have looked at sales in December, January and February to see if the number is actually increasing. It is. For instance, in December 2008 12 of the homes sold in Bend, whether on small lots or acreage, were bank owned. In January of ...
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The homes we toured this week for the MLS tour were less than spectacular in value, although one very cute and totally remodeled home off Galveston in the heart of the chic downtown business section of town would be a joy to live in if the price were reduced by at least $50,000. Let me know if you want to see it or have me send you a copy of ...
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Bend real estate is turning up some incredible DEALS! Some DEALS I saw this morning on MLS tour are too good not to share! How about a beautiful home built in 2005 in an excellent neighborhood for $218,900? Or an equally exquisite 2002 home that is 2,362 square feet for $244,900? (with a lot next door that is $95,000) -- in ...
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