Hello K & M,

Our team specializes in finding great property deals at the courthouse auction in Jackson County, located right in Medford! We would love to help you find a home in your price range that meets your wants/needs! Feel free to register at our website for FREE bank-owned and upcoming foreclosure property information, and definitely give us a call if you see something you like. We represent buyers and sellers, and I think we can help you too!
http://www.SOForeclosures.com

Shannon D. Jones
Broker
the alba group @ Keller Williams Realty Southern Oregon
mobile 541.944.3220
email shannonj@kw.com

Hellow, K and M
My name is Renee Spahn and I'm a realtor in Medford Oregon. There are smaller homes and townhomes in are area available. We have some wonderful lenders that can help you get pre-qualified first. One that already responded from Ambient Lending. Please feel free to contact me if you would like to get more questions answered and feel free to look up property on my web site as well at http://www.realtorrenee.biz.
Hope you make it to Oregon!

Renee Spahn
Broker, GRI
Coldwell Banker Pro West
541-773-6868 Main
541-301-6180 cell
800-888-1341
renee@cbprowest.com

Are you looking at FHA because of the lower down payment? As a suggestion, you may look at our zero down program. Reason being, it's a true 30 yr fixed with no pre-payment penalty or other negative features. The seller can pay for your closing costs and pre-paid items such as your first year of property taxes and home owner's insurance. You honestly can pay for just the appraisal and have everything else is covered.

What is nice about this program is the interest rate is the same as FHA but there is no pmi (private mortgage insurance) which will automatically allow you to purchase more of a home using the same payment you would have on your FHA loan. A manaufactured home will not work on this program but a condo, single family and townhome will.

This program also is more lenient on credit history and debt payments vs. income ratio vs conventional and FHA. We post the rate on our website http://www.ambientlending.com
If you are interested in this program I am more than happy to provide you with more reading materials so you can see if this would be a good fit for you. We do not charge any up front fees and I am avaialble evenings and weekends.

Crystal Beard
Ambient Home Lending
Phone 541-858-2522 xt 306
Toll Free 877-777-9763
crystal@ambientlending.com http://www.ambientlending.com

K&M, my house meets many of your desired qualities. Its in Winston, OR (10 miles south of Roseburg) and is listed for $69,900 (I'm moving out of state and getting married and just want to break even for a quick sale). It has 3 bedrooms 1.5 baths (sorry) and a new 10x10 storage shed. One bedroom has had the doorway widened to accomodate a wheelchair and the covered entrance has a ramped access in addition to stairs. Its been largely remodeled and treated with lots of love. Give me a call at 541-733-7377 if you are interested. Or check out my blogspace with pictures and more info below. thanks and good luck finding your dreamhome. Michelle

Pre-qualification doesn't give you a good idea if you can afford the home. Get Pre-approved and ask for a Good Faith Estimate, that will give you a good idea of how much money you will need for closing and on the bottom it has the estimated monthly payment.

K & M, Here are some Gov. and Bank sites that I found with properties in the Medford area close to the price you mentioned. This is the HomePath/FannieMae site and has a lot if info on the program and properties...http://reosearch.fanniemae.com/reosearch/r/OR/medford/-/-/-/-
You'll find some here...http://www.countrywide.com/purchase/f_reo.asp
You can look for others in your spare time by using these sites which have links to the Bank/Gov sites.

http://www.biggerpockets.com/bank-reo.html
http://www.thedirectoriescompany.com/reos.htm
http://www.mortgagenewsdaily.com/wiki/REO_Database_List.asp
For seaching public records in Oregon this might help...
http://publicrecords.onlinesearches.com/Oregon.htm

Good luck, Dunes

This is a great time to purchase a home. Are you a first time home buyer? I have found a few properties you might be interested in. Give me a call, I would be happy to assist you.

Thank you, Lisa Overhauser, 541 601-3486
Windermere Van Vleet

I don't know how to answer the folks who respond to MY posted questions on this site. I hope I am doing this right. If not, oops, sorry. Would someone please kindly tell me if i'm doing this wrong to answer folks responses? Thanks. Okay so I'll try to answer the folks responses to my posted question. We are looking for a home in Medford, Central Point, Talent, Phoenix, White City, Eagle Point, those kinds of area, we would really prefer to be in Medford somewhere though! And no we are definately not looking for homes up in Portland or anywhere even close to that area. We are looking in Southern Oregon. Manufactured homes are okay, single family stick built homes are okay, townhouses are okay and condos are okay!! Bigger than 1000 square feet, 3 bedrooms, 1 1/2-2 full bathrooms, backyard of some sort (not too big of one though), upstairs would be okay, appliances included would be a big plus for us, prefer no wallpapered walls, no paneling if at all possible, plenty of storage space, closet space, counter space in the kitchen is a must. So, I hope that tells the folks who reads this posting what my husband and I are looking for to purchase regarding our very first home!! Thank you. Take care. And please any advice, suggestions, ideas, thoughts, information would be great and appreciated. Hoping to move within the next few weeks to a few months down the road.

I found a couple of manufactured homes, a condo and a home or two but they need an awful lot of work. If you want the list of properties I did find as availabe - email me and I will send you the list directly. It is a tough price range to be sure. Let me know what else I can do to help!

K an M;

If you let us all know the type of lifestyle you seek and work you may need to pursue we can help to direct you to some specific markets where you can afford a decent home for that amount of money. In Portland this won't get you much. In some of our rural towns and areas it can get you a good starter place.

Let us know more and I am certain the community here will jump right in and help out!

Regards;

Dirk Knudsen
Re/Max Metro Gold
Re/Max Hall of Fame