One other thing the REO are the best buys since the banks sell below market to get rid of the property. You don't want to get involved in a short sale since you don't really know if or when the property will close. Many buyers write offers on a short sale and continue to look at other properties and will cancel the transaction if they find a home or condo that is better than what they have offer on. Rents are great everywhere and prices are going up with low vacancy rates everywhere in the greater Portland, Lake Oswego area.
Tom Inglesby... more