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5621 NE Cesar E Chavez Blvd Portland, OR 97211 (Concordia)

  • 4 bed,
  • 2 full bath,
  • 2,523 sqft
  • Single-Family Home
For Sale / Resale


Added on Trulia  

Home Details for 5621 NE Cesar E Chavez Blvd

54 Days on Trulia
Fernhill Neighborhood Gem
Description provided by Realty Trac
5621 NE Cesar E Chavez Blvd Spacious Cape Cod with main level living just blocks from Kennedy School,New Seasons and a short walk to Fernhill Park. 4 bd/2ba. Master on main. Possible office or great walk-in closet upstairs. Wood floors under carpet. Large family rm and finished basement. Tons of storage. Corner lot. Great backyard w/brick BBQ built-in on covered patio. Detached garage. View our Foreclosure Guides
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Foreclosure Types

  • Pre-Foreclosure (Notice of Default or Lis Pendens):

    Pre-foreclosure (NOD or LIS) is the first stage in the foreclosure process that begins when a homeowner receives a default notice for missing one or more mortgage payments. Owners in default can stop the foreclosure process by paying the past-due payments or by paying off the entire loan balance — usually by refinancing or by selling the property. They can also avoid foreclosure by selling before the auction — this may have to be a short sale if the homeowner owes more than the property is worth. Homeowners in pre-foreclosure are usually motivated sellers who want to avoid losing their property at a public foreclosure auction.

    Read more about Pre-Foreclosures »
  • Auction (Notice of Trustee Sale or Notice of Foreclosure Sale):

    A public foreclosure auction (NTS, NFS) occurs when a homeowner in default does not stop foreclosure proceedings during the pre-foreclosure period. Properties are typically auctioned off in a public location — such as a local county courthouse — by an attorney or local public official. Auctions can present opportunities to buy properties below market value, but usually don't allow for property inspections and often require that buyers pay in cash — typically in the form of cashiers checks. Up until the auction occurs, however, buyers may still have an opportunity to buy directly from the homeowner in default via short sale or regular sale.

    Read more about Foreclosure Auctions »
  • Bank Owned (REO):

    A property becomes a full-fledged foreclosure — sometimes referred to as a Real Estate Owned (REO) property — when it is repossessed by the foreclosing lender. The lender can take possession either through a deed-in-lieu-of foreclosure agreement with the owner during the pre-foreclosure period or through a winning bid at the public foreclosure auction. Foreclosing lenders are often motivated to sell these properties quickly because they are non-performing assets for their bottom line. Of the three stages of foreclosure, REOs are most likely to also be listed for sale with a real estate agent on the MLS, but not all REOs are listed yet — meaning buyers may have to contact the lender or servicer directly to make an offer.

    Read more about Bank Owned Foreclosures »
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Buying bank-owned properties
If a lender takes ownership of a property, either through an agreement with the owner during pre-foreclosure or at public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. Check out the tips below to find out...

By RealtyTrac | 215 Comments

Buying homes at public auction
If the loan for a property is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Below are a few pointers on buying a property at auction — you'll learn about the foreclosure auction...

By RealtyTrac | 43 Comments

Secrets to closing last-minute pre-foreclosure deals
If you're interested in investing in pre-foreclosure property, you should know that owners in default may not agree to sell until the last minute — sometimes only a few days before the public foreclosure auction. You'll need to act quickly and may even...

By RealtyTrac | 27 Comments

View all foreclosure guides »

Neighborhood Info

4 br / 2 ba
Single-Family Home
OPEN HOUSE Sun Oct 16, 2pm to 4pm


Monthly mortgage for 5621 NE Cesar E Chavez Blvd

Property Taxes and Assessment for 5621 NE Cesar E Chavez Blvd

Year Tax Assessment Market
2014 $4,672 N/A N/A
2013 N/A $189,100  $331,690 
Source: Public Records

Contact Info

(971) 373-8294