Oregon Short Sale Brokers
Your local Short Sale information source
How Will Foreclosure Effect My Credit??
[caption id="attachment_265" align="aligncenter" width="381" caption="We Are All in This One Together."][/caption] From: http://www.davidkimmer.com/loanOptions/Education/How%20Foreclosure%20Impacts%20Your%20Credit%20Score/ How foreclosure impacts your credit score By Les Christie, staff writerApril 22, 2010: 4:44 PM ET NEW YORK (CNNMoney.com) -- If you're delinquent on your mortgage, your credit score will suffer. Everyone knows that. The question is, by how much? Until recently, those answers were hard to come by. Credit bureaus were uncommunicative about expressing, in points, just how much impact different foreclosure types of mortgage delinquencies have on scores. Recently, Fair Isaac, which developed FICO scores, pulled back the curtain a bit, ...
In Depth Market Stats for Oregon Show Continuation of Tough Markets
Well things in many areas seemed to have bottomed out in the Real Estate Market in 2010. In Oregon some areas have flattened and are showings some signs of life. But overall there seems to be doubt that these markets have the ability to return to normal anytime soon. [caption id="attachment_100" align="aligncenter" width="400" caption="A Recent Short Sale in Portland, Oregons North West Hills: 97229"][/caption] There is going to be a shortage of buyers going forward. That much is certain. When the first time home buyers tax credit levels off things could get even more difficult. One way we can develop a better ...
January Foreclosures Down but Still Way Up from 2009 in Oregon
Overall Activity Up 15 Percent From January 2009, REOs Up 31 Percent From January 2009 More Than 300,000 Properties Receive Foreclosure Filings for 11th Straight Month IRVINE, Calif. – Feb. 11, 2010 – RealtyTrac® (www.realtytrac.com), the leading online marketplace for foreclosure properties, today released its January 2010 U.S. Foreclosure Market Report™, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 315,716 U.S. properties during the month, a decrease of nearly 10 percent from the previous month but still 15 ...
Market Report For West Portland: Bethany
Here are the trends as they are happening year for Portland, Oregon and the Tri-County Area. Things leveled off and now indications are that we are taking another hit or dip in values as Spring begins. The availability of mortgages, the credit crunch, and the unemployment rate are all in play here in Oregon. Stay tuned and we will bring you month by month reports. Zillow Home Value Index More Rockcreek Home Values
Short Sales Make Up Bigger Share of Market
Short sales jumped to 15.9 percent of home purchase transactions last month, according to a monthly survey by Washington, D.C.-based business research firm Campbell Surveys and mortgage industry publication Inside Mortgage Finance. That's the highest percentage of short sales since the survey first launched in July of last year, when short sales made up 12.5 percent of transactions. Before January, the peak had been 15.1 percent in October. That figure fell to 12.6 percent in November and rose to 13.7 percent in December. Sales of damaged real estate owned (REO) properties and move-in ready REO properties made up 13.4 percent and 13.8 ...
Dollar Deception: How Banks Create Money
This Article is only a Portion of the whole: Click here for Full Article Ellen Brown, July 3rd, 2007 It has been called "the most astounding piece of sleight of hand ever invented." The creation of money has been privatized, usurped from Congress by a private banking cartel. Most people think money is issued by fiat by the government, but that is not the case. Except for coins, which compose only about one one-thousandth of the total U.S. money supply, all of our money is now created by banks. Federal Reserve Notes (dollar bills) are ...
Housing Rent Values and Rates Drive Home Pricing
Read this Article from Top to Bottom and see the results of our analysis: Article From RealTrends.com It may not be the most widespread measure of housing prices, but if you want to follow a powerful driver, look at rents. Specifically, it's the rents Americans pay on condos, apartments or houses that are about the same size, and share the same neighborhood as your ranch or colonial, that in the end determine what your house is worth. In recent reports, Deutsche Bank demonstrates how steady or even falling rents have pulled down housing prices, to the point where in many markets it costs ...
Cash For Keys Program Should be a Final Option: What you Need to Know.
We are getting a lot of Questions from People who want to Understand if they can or should just walk away from their home and we hear alot about the Cash for Keys Program. That might be an Option for you but it comes with some very real conditions and it also is not a great alternative to selling the home short. The information below may help you understand what is possible. Here is a summary of the Short Sales and Deed-In-Lieu of Foreclosure program announced by the Making Homes Affordable program. This is Very Important So Read This!! Your servicer (lender) cannot ...
Realty Trac Says Foreclosures Down By 10% in January
The Devil is in the Details here. 2009 was Better then the Start we are having to 2010...so read these stats carefully. January foreclosure activity decreased nearly 10% from December, according to RealtyTrac's latest U.S. Foreclosure Market Report. Foreclosure filings were reported on 315,716 U.S. properties during the month, a decrease of nearly 10 percent from the previous month but still 15 percent above the level reported in January 2009. The report also shows one in every 409 U.S. housing units received a foreclosure filing in January. REO activity nationwide was down 5 percent from the previous month but still up 31 percent ...
Oregon’s Home Values AT the Tipping Point in 2010
Just as Washington was telling you the Great Recession is “over,” the crisis that originally caused it is rearing its ugly head again: Just this morning, RealtyTrac has reported that, in January, the number of U.S. families facing foreclosure surged a shocking 15% higher compared to the same month last year! The detail in the report is even more shocking: In January, one in every 409 U.S. homes was sent a default notice, scheduled for a foreclosure auction or repossessed by a bank ... Banks repossessed more than 87,000 homes last month alone — that’s a whopping 31% increase ...
Welcome to OregonShortSaleBrokers.com
This is the #1 information site for Sellers and Buyers regarding all you need to know about Short Sales. Here you will find straight answers to often complicated questions, contact information for Oregon's most seasoned Short Sale Agents, and daily postings of all Short Sales available in Oregon. We welcome you and look forward to serving your real estate needs.
Short Sales in The News
How Will Foreclosure Effect My Credit??
We Are All in This One Together. From: http://www.davidkimmer.com/loanOptions/Education/How%20Foreclosure%20Impacts%20Your%20Credit%20Score/ How foreclosure impacts your credit score By Les Christie, staff writerApril 22, 2010: 4:44 PM ET NEW YORK (CNNMoney.com) — If you’re delinquent... [Read more...]
In Depth Market Stats for Oregon Show Continuation of Tough Markets
Well things in many areas seemed to have bottomed out in the Real Estate Market in 2010. In Oregon some areas have flattened and are showings some signs of life. But overall there seems to be doubt that these markets have the ability to return to normal anytime soon. A Recent Short Sale in Portland,... [Read more...]
Foreclosure Report For March 2010: Portland in Flux
Portland, Oregon For investors looking to the Pacific Northwest as a retirement destination, Oregon has it all — plus great affordability. The Market is really offering some great values right now both in short sales and foreclosures. “We are seeing some increases in the number of actual bank... [Read more...]
January Foreclosures Down but Still Way Up from 2009 in Oregon
Overall Activity Up 15 Percent From January 2009, REOs Up 31 Percent From January 2009 More Than 300,000 Properties Receive Foreclosure Filings for 11th Straight Month IRVINE, Calif. – Feb. 11, 2010 – RealtyTrac® (www.realtytrac.com), the leading online marketplace for foreclosure... [Read more...]
Market Report For West Portland: Bethany
Here are the trends as they are happening year for Portland, Oregon and the Tri-County Area. Things leveled off and now indications are that we are taking another hit or dip in values as Spring begins. The availability of mortgages, the credit crunch, and the unemployment rate are all in play here... [Read more...]
Short Sales Make Up Bigger Share of Market
Short sales jumped to 15.9 percent of home purchase transactions last month, according to a monthly survey by Washington, D.C.-based business research firm Campbell Surveys and mortgage industry publication Inside Mortgage Finance. That’s the highest percentage of short sales since the survey... [Read more...]
Dollar Deception: How Banks Create Money
This Article is only a Portion of the whole: Click here for Full Article Ellen Brown, July 3rd, 2007 It has been called “the most astounding piece of sleight of hand ever invented.” The creation of money has been privatized, usurped from Congress by a private banking cartel. Most people... [Read more...]
Re\Max’s Owner Dave Liniger Urges Lenders
Liniger to Lenders: ‘Release Properties’ LINIGER Editor’s Note: The following is a Feb. 10 press release from RE/MAX International. RE/MAX Urges Lenders to Release Properties Record Foreclosure Numbers Need to Be Tackled Head On (Denver, CO, February 10, 2010) –... [Read more...]
Short Sales Heading Hopefully For Smoother Waters
Here is a great article about some government and Private sector folks that are finally working on some sensible goals and outcomes for speeding up and short sales. If some of these things come to pass we just might see things get a little smoother and more predictable if you will in Short Sales which... [Read more...]
Cash For Keys Program Should be a Final Option: What you Need to Know.
We are getting a lot of Questions from People who want to Understand if they can or should just walk away from their home and we hear alot about the Cash for Keys Program. That might be an Option for you but it comes with some very real conditions and it also is not a great alternative to selling... [Read more...]
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From Farms to Rentals….to Golf Courses and Custom Homes…. our team can handle all your Real Estate needs. We do so with Integrity and complete honesty in our assesment of the market.
feel free to email us:
oregonshortsales@gmail.com
Resource Directory
Here are some useful resources to assist in a home search
Information you should know
Please take a look at the following state agency pamphlets. It contains useful information about the relationship between Real Estate Agents and Buyers and Sellers.
- Oregon Property Disclosure
- Agency Disclosure Pamphlet
- Limited Agency for Sellers
- Limited Agency For Buyers
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