Archive for the ‘Foreclosures, Bank Owned & REO’ Category

Foreclosure List(S) for November 4th 2014

Tuesday, November 4th, 2014

Today we have FIVE emails from RMLS for the foreclosure list update and generally I’d wait until later in the evening to post them, but I figure with five, that’s GOT TO BE all RMLS will send out today as I’ve never received six…I’ll update if a sixth one comes out though.

Here they are:

Here are the new foreclosures listed for sale within the last 24 hours:

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Want to Buy a Home with a Recent Bankruptcy, Foreclosure or Short Sale on Your Record? Check This Out…

Tuesday, November 4th, 2014

Received this from my firms managing Principal Broker today, thought I would pass it along here as it’s a handy dandy chart showing expected wait time frames for someone that has a bankruptcy, foreclosure or short sale in their recent past and would like to buy a home.

Something else to remember as well, if you are married (or, may as well be) and you or your spouse is the one with this on their record, you may want to speak to a lender about just one of you qualifying for a loan. I had this happen very recently with clients that thought they had to wait until spring 2015 because they were applying together and turned out one of them was able to get approved (without the other) all on their own and they are now all moved in to their new home.

Something to think about. Here’s that chart:

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Halloween Foreclosure List

Friday, October 31st, 2014

Only received three foreclosure email updates from RMLS today, considering we’ve been seeing an increase in distressed homes in the Portland real estate market lately, it’s kind of nice to see only three of these emails today.

Here are the new foreclosures listed for sale within the last 24 hours:

To see the newest matches from RMLSweb click herehere and here. For a complete list of available matches click here.

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Portland Real Estate Market Update: Inventory Down, Distressed Homes Up

Friday, October 31st, 2014

Normally during this time of year we do see inventory shrinking and indeed this year is no different. Down from roughly 6,400 homes on the market back in late August to 5,640 as of today as this graph shows:

 

 

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October 29th 2014 Foreclosure List

Wednesday, October 29th, 2014

The foreclosure list is getting further broken up into multiple lists per day. RMLS seems intent on sending out property update emails multiple times per day now so today alone there were five emails (so far…Hey, the days not over!)…Here are the links:

To see the newest matches from RMLSweb click herehereherehere and here. For a complete list of available matches click here.

If you are not already working with a Realtor and would like to see any of these homes please feel free to contact me anytime at 503-706-5563 (cell or text) or Scott AT YourRoadMapToHome DOT com

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August 23rd 2014 Foreclosure List for Portland Homes for Sale

Saturday, August 23rd, 2014

Here are the new foreclosures listed for sale within the last 24 hours:

To see the newest matches from RMLSweb click here and here. For a complete list of available matches click here.

If you are not already working with a Realtor and would like to see any of these homes please feel free to contact me anytime at 503-706-5563 (cell or text) or Scott@YourRoadMapToHome.com
Scott McDonald, Your Portland Realtor

Everything. Portland. Real Estate. Blog.

August 21st 2014 Portland Area Foreclosures List

Thursday, August 21st, 2014

Here are the new foreclosures listed for sale within the last 24 hours:

To see the newest matches from RMLSweb click here and here. For a complete list of available matches click here.

As usual, if you’d like to see any of these, or any home for that matter (or selling?) and you’re not already working with a Realtor, give me a call!

Scott McDonald, Your Portland Oregon Realtor

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Foreclosure list for Tuesday August 18th 2014

Tuesday, August 19th, 2014

Here are the new foreclosures listed for sale within the last 24 hours:

To see the newest matches from RMLSweb click here and here. For a complete list of available matches click here.

Remember, If you are not already working with a Realtor and would like to see any of these homes please feel free to contact me anytime at 503-706-5563 (cell or text) or Scott AT YourRoadMapToHome DOT com

Scott McDonald

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Today’s Foreclosures; Getting Close to No More Daily’s

Wednesday, July 30th, 2014

Only TWO new ones today…get em while they’re still available! If this declining trend continues (which of course, less foreclosures = GOOD) then any day now we’ll stop seeing new listings every day.

To see the newest matches from RMLSweb click here and here. For a complete list of available matches click here.

If you are not already working with a Realtor and would like to see any of these homes please feel free to contact me anytime at 503-706-5563 (cell or text) or Scott AT YourRoadMapToHome DOT com

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Portland Oregon Area Foreclosures for July 28th 2014

Monday, July 28th, 2014

Here are the new foreclosures listed for sale within the last 24 hours:

To see the newest matches from RMLSweb click here. For a complete list of available matches click here.

I should also mention, this list is getting VERY short these days with only 11 new ones today.

Remember, if you want to get this list in your email every day, click here and you’ll be prompted to add your email to the list, or just shoot me an email at Scott AT YourRoadMapToHome DOT com

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Foreclosure List for July 24th 2014

Thursday, July 24th, 2014

Here is the foreclosure list for today, July 24th 2014.:

To see the newest matches from RMLSweb click here. For a complete list of available matches click here.

If you are not already working with a Realtor and would like to see any of these homes please feel free to contact me anytime at 503-706-5563 (cell or text) or Scott@YourRoadMapToHome.com

Your Portland Realtor, Scott McDonald

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Portland Foreclosure List for March 7th 2014

Friday, March 7th, 2014

Here are the new foreclosures listed for sale within the last 24 hours:

To see the newest matches from RMLSweb click here and here. For a complete list of available matches click here.

If you are not already working with a Realtor and would like to see any of these homes please feel free to contact me anytime at 503-706-5563 (cell or text) or Scott@YourRoadMapToHome.com

Your Portland Foreclosure Specialist Realtor, Scott McDonald

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Real Estate Tracking Data & Reports: BIG Changes Coming; Area Reports, Pricing & Days on Market in Tow

Friday, March 7th, 2014

I just wanted to get an FYI out to everyone that I am currently working on revamping the tracking report as I get a lot of requests for area specific reports (people asking for my tracking reports for Happy Valley, or Lake Oswego real estate reports etc).

Additionally short sales and foreclosures have been edging ever closer to market pricing these days, often no longer the “steal of a deal” they once were and there are a lot less of them now. So, with that said, I am *considering* ditching that portion of the tracking data in favor of adding new data points like:

  • Median Sale Price Tracking
  • Average Sale Price Tracking
  • Days on Market for Pending Sales
  • Average Price Per Square Foot Tracking
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March 3rd 2014 Portland Foreclosures List

Monday, March 3rd, 2014

Here are the new foreclosures listed for sale within the last 24 hours:

To see the newest matches from RMLSweb click here and here. For a complete list of available matches click here.

If you are not already working with a Realtor and would like to see any of these homes please feel free to contact me anytime at 503-706-5563 (cell or text) or Scott@YourRoadMapToHome.com

Your Portland Oregon Real Estate Agent, Scott McDonald

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List of Foreclosures in Portland for February 25th 2014

Tuesday, February 25th, 2014

And here they are!

Here are the new foreclosures listed for sale within the last 24 hours:

To see the newest matches from RMLSweb click here and here. For a complete list of available matches click here.

If you are not already working with a Realtor and would like to see any of these homes please feel free to contact me anytime at 503-706-5563 (cell or text) or Scott@YourRoadMapToHome.com

Your Portland Realtor, Scott McDonald

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Portland Oregon Foreclosure List for February 24th 2014

Monday, February 24th, 2014

Here are the new foreclosures listed for sale within the last 24 hours:

To see the newest matches from RMLSweb click here. For a complete list of available matches click here.

If you are not already working with a Realtor and would like to see any of these homes please feel free to contact me anytime at 503-706-5563 (cell or text) or Scott@YourRoadMapToHome.com

Your Portland Realtor, Scott McDonald

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Tax Forgiveness Act; Still Expired…Not Seeing Any Renewal News; Yet…

Wednesday, February 19th, 2014

Just a quick heads up [that honestly I should have done weeks ago], for anyone looking to short sale their home or are facing a foreclosure. For those not familiar with this act, or maybe not familiar with the need for this act, here’s how it works.

You short sale your home or get foreclosed on. The bank gets say $275,000 for your home (when you sell it on a short sale, or when they resell it as a foreclosure later), but you owed $375,000 on it, leaving a loss to the bank of $100,000.

Now, I know there are many people out there that think that $100,000 would be entirely the banks problem, and while that particular $100k is their problem, you as the seller have a not so new problem that just returned on December 31st due to this 2007 act not being renewed (yet?).

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Foreclosure List for Valentines Day 2014

Saturday, February 15th, 2014

Here are the new foreclosures listed for sale within the last 24 hours:

To see the newest matches from RMLSweb click here. For a complete list of available matches click here

If you are not already working with a Realtor and would like to see any of these homes please feel free to contact me anytime at 503-706-5563 (cell or text) or Scott@YourRoadMapToHome.com

Scott McDonald

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Daily Portland Oregon Foreclosure List for February 13th 2014

Thursday, February 13th, 2014

Here are the new foreclosures listed for sale within the last 24 hours.

To see the newest matches from RMLSweb click here and here. For a complete list of available matches click here.

If you are not already working with a Realtor and would like to see any of these homes please feel free to contact me anytime at 503-706-5563 (cell or text) or Scott@YourRoadMapToHome.com

Thanks!

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Fannie Mae’s 3.5% First Look Program is Available

Thursday, February 13th, 2014

Just got a reminder email from Fannie Mae that their 3.5% closing costs program is available again and thought it could be of interest to potential buyers out there. This is a program that offers 3.5% in closing costs assistance towards the purchase of a fannie mae foreclosed home for owner occupant buyers. I looked up how many qualifying fannie mae properties there are currently in the city of Portland alone and found 65 currently available, so once you take into consideration surrounding suburbs we’re likely in the realm of around 200 or so in the area that are eligible for this program.

You can find the programs details here, could be worth a look!

Scott McDonald

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Portland Oregon Foreclosure List for February 12th 2014

Wednesday, February 12th, 2014

Here are the new foreclosures listed for sale within the last 24 hours:

To see the newest matches from RMLSweb click here and here. For a complete list of available matches click here.

If you are not already working with a Realtor and would like to see any of these homes please feel free to contact me anytime at 503-706-5563 (cell or text) or Scott@YourRoadMapToHome.com

Scott McDonald, Realtor & Principal Broker

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Portland Foreclosures for February 10th 2014

Monday, February 10th, 2014

Here are the new foreclosures listed for sale within the last 24 hours:

To see the newest matches from RMLSweb click here. For a complete list of available matches click here.

If you are not already working with a Realtor and would like to see any of these homes please feel free to contact me anytime at 503-706-5563 (cell or text) or Scott@YourRoadMapToHome.com

Thanks!

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New Creative Financing for Short Sellers and Foreclosure”e”‘s (I know, not a word)

Monday, February 10th, 2014

Typically I don’t post on hearsay or other “through the grapevine” type stuff but this one peeked my interest as I have a number of clients currently waiting for short sales or foreclosures on their record to “time out” before they can buy a home again and this; if it becomes reality, could really help them get into a home sooner.

Essentially the deal is this company buys the house for them, they pay 8% down,  make monthly payments and it’s their home, they can remodel it, add a pool; whatever…with the option to buy it later from said company that bought it for them with a 2%/year appreciation; which isn’t bad at all assuming the market isn’t going down.

The details are still a big unknown, however the National Real Estate Post (which I obviously frequently check into) has the warm and fuzzies in regard to this as of yet unknown company…Could be great? Could be…nothing…Keep an eye out for it though; once i hear anything more concrete on it I’ll post it up here.

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New Listings Slipping Slightly Coming into Mid-February

Monday, February 10th, 2014

Looking at the daily market tracking for the Portland real estate market I’m seeing a bit of a dip in new listings coming onto the market for the past week. Yesterday for example there were 23 and on the 8th just 19 compared to the average of over 70 homes per day being listed; here’s that graph:

 

 

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February 6th Portland Foreclosures List

Thursday, February 6th, 2014

And here they are:

To see the newest matches from RMLSweb click here. For a complete list of available matches click here.

If you are not already working with a Realtor and would like to see any of these homes please feel free to contact me anytime at 503-706-5563 (cell or text) or Scott@YourRoadMapToHome.com

Scott McDonald

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