Whether you are a seasoned real estate investor or just beginning to build your real estate portfolio, knowing about foreclosure property in Oregon is a good idea.Unfortunately buying a foreclosure home is not always a straight forward process. When buying Oregon foreclosures dealing with an experienced and knowledgeable real estate professional is key.You need a specialist that will advise and serve you through the process. For the last 20 years I have been in real estate or banking and this is not the first time I have been in a market under stress. If you are looking for someone to work with that has the experience, knowledge and the passion to support your goals and needs, contact me for a free and private consultation. I work with both homeowners in distress and investors. To get started browse the lists below to learn which Oregon properties are in the foreclosure process.Be sure to check back often as the lists are updated every 5-7 days.Access your free Oregon foreclosure reports now!
What homes are on these lists?What you will find on these lists are homes that are in the "foreclosure process". The trustees or the lenders have filed a "Notice of Default" indicating either the borrower/owner has fallen behind in their payments or not complied with some other term of their agreement with the lender.What happens next?If the default is not cured, the property will go to auction where the lender or someone else will buy the property.In most cases the problem can be resolved by the borrower/owner curing the default by bringing their account current by paying the default amount and any accumulated interest or fees or working out some other arrangement that the trustee or lender can accept such as a loan modification program.What are the options for the homeowners?Selling the property does cure the default and is a option many borrower/owners choose to avoid foreclosure if they can not cure the default by other means.
Fred Stewart - Buyers Best Bet
Website Design by Simple Sites Serious Success