Everyday I watch the new REO listings and post them to my Twitter account. I’m amazed at how much the number of REO listings are increasing. This is not good news for those wanting or needing to sell their home. However, if you must you need to do so soon while low interest rates are keeping the housing market fluid.
Homes on Aerie Crescent in Happy Valley seldom pop on the market! This home at 11603 SE Aerie Crescent Rd is in Eagle Landing, just around the corner from Eagle Landing Golf Course! This home is for sale but won’t last long, It’s priced at $367,900 and is bank owned. If you are interested in touring it give me a call! -Kristie McD., one of the McDonald Group Realtors
I Tweet this list almost every day but thought I’d toss in a blog today. There are some finds in here for West Linn & Lake Oswegoso take a look! Bank owned homes are still the better opportunity over short sales if you are serious about wanting a home, if you are in no hurry, not affected if interest rates go up, and have alot of patience than go for the short sale! Our team is excellent with both! -Kristie
Alot of bank owned in today’s list. Remember that I list the daily foreclosure list every day on my Twitter account. Anyhow, there are some great finds in here, remember that the good ones go quick! There is a nice little find in West Linn Summerlin Condos as well! -Kristie McD.
Yes, it’s a manufactured home and yes, it’s a great piece of property. 41383 SE GEORGE RD, Estacada. I had a client interested in it when it was a short sale (The bank couldn’t pull it together and after several months so we found something else). Anyhow, if you are interested in seeing this let me know. The home is in good condition and the property is beautiful! (link to above property for sale is good for 2 weeks) -Kristie McD. /McDonald Group Realtors
Here is today’s line up! There are some great deals on SE Hamilton in Happy Valley if you are okay with stairs. Ask me about the one Hamilton that’s not in this report; it’s priced even better! CLICK HERE for Today’s Bank owned!
The link below shows the 4 foreclosures that listed today (yes, only 4 to the usual 30), but in that small list is a jewel of a find, a Ryan Olsen home! Listed at about $390k…. take a look! It’s in bumpable status which means there is another offer but that other offer is contingent on their home selling so this lovely is still up for grabs! -Kristie McD.
Interesting list today. Remember I post the REO properties almost daily on my Twitter account. Anyhow, we have a home in Persimmon here (very nice neighborhood in Gresham), a few homes (although overpriced) in Happy Valley, and of course our HUGE variety of broken down homes under $200k. There are certainly plenty of first time home buyers to pick those up out there right now! However the inner Portland Bungalow that everyone REALLY wants is in limited supply.
It must be all those REO agents coming back to work and banks wanting to move inventory because 61 is ALOT; I usually see about 30. Anyhow, great finds in here if you are looking for West Linn, Beaverton, Gresham, Portland… you name it! The majority of these are first time home buyer or rental investment homes but definitely worth a browse. Many of these in this search are only price reductions, I do recognize alot of the properties in here. Let me know if you want to tour anything or have questions~! -Kristie McDonald
Below is a link to the lineup for today; I noticed a great little find in Rhododendron. Only about 15 minutes to Sandy and close enough to Mt. Hood to get snow, this home being in the Timberline Rim Community gives you access to a community swimming pool, access to the Sandy River, tennis courts, and more! Perfect area getaway for the city folk looking for an escape and excuse to ski Mt. Hood! CLICK HERE for today’s bank owned listings! (link good for two weeks)
I noticed some nice ones pop up in the REO listings today; I am particularly interested in the one off of Swift Shore in West Linn! GREAT neighborhood, schools, location & potential! Listed at $475,000 just two months ago it has just popped on for $319,000! (This one will likely generate multiple offers…. don’t lowball if you really want it!)
35 Bank owned REOs listed today! The first one on the list is a houseboat; I don’t see those too often. I only post REO listings once in a while on our Blog but I do Twitter daily with the Portland, OR bank owned listings. GOTO: twitter.com/kristiemcd
The link to today’s bank owned listings is linked below; nothing real exciting … alot of property under $230,000 as usual. There is a brownstone in here located up in Forest Heights (one of my favorite neighborhoods). Those particular townhomes were having HOA litigation issues for a while but I think they are resolved or close to being resolved; that should really help to get those units moving again.
That’s alot of Bank owned listings today, especiall for a weekend… however, as usual, the majority of them are under $250,00 and the majority of those under $200,000. Not too many higher end homes, if you are looking for something in West Linn there is a great one towards the end of the report. If you aren’t already working with an agent and want to see something let me know! -McDonald Group Realtors
Wow! The one on 13428 SE KANNE RD in Happy Valley is a great price & home; $357,000 and under $90 per sq. ft. I expect it will sell over asking. There are 29 REO listings in today’s link (below), that’s quite a few~! Good catch in Lake Oswego too! Anyone looking for acreage in Sandy for under $210,000 I have a new listing coming up; ask me about it! -Kristie McD.