Foreclosure in Oregon : Questions & Answers

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Lgo669, Home Buyer in Vernonia, OR
Lgo669 asked:
all i see is a bunch of trees
0 votes Share Flag Thu Aug 27, 2015 Foreclosure in Vernonia
Radiokaos2014, Home Buyer in Boring, OR
Radiokaos2014 asked:
How much land is this on???
0 votes Share Flag Mon Aug 24, 2015 Foreclosure in Boring
Lynnkiaa, Home Buyer in Los Angeles, CA
Lynnkiaa answered:
I am thinking of letting my house go into foreclosure. How does the process work?What are the ramifications? what about options?
This depends on the Bank you are working with. If you are with certain banks a short sale will prevent you from getting another loan with them for 5 years. It really hurts you just as ... more
0 votes Share Flag Tue Aug 18, 2015 Foreclosure in Salem
Paolarileyi, Home Buyer in Fremont, CA
Paolarileyi answered:
How do I find new construction "foreclosures," i.e., homes that are new that are now banked owned because the builder couldn't sell
Reputable builders have not been able to absorb the declining values and have lost models and spec homes to foreclosure. Many buyers are recognizing the value of purchasing one of thes ... more
0 votes Share Flag Tue Aug 18, 2015 Foreclosure in Portland
Paolarileyi, Home Buyer in Fremont, CA
Paolarileyi answered:
How do I engage with Mellon Bank about a house they foreclosed upon last month?
No bank will sell to you directly. It is unusually long but the reasons could be title issues, house tied up in probate, a junior lien or even IRS lien...

Additionally it's often i ... more
0 votes Share Flag Tue Aug 18, 2015 Foreclosure in 97701
Hopelinda, Home Buyer in Fremont, CA
Hopelinda answered:
Deed in Lieu vs. Foreclosure after Chapter 7 Bankruptcy
Should you file for bankruptcy before or after foreclosure? Sometimes you have no choice. But if you do, you will most likely benefit more if you file for bankruptcy before your house i ... more
0 votes Share Flag Tue Aug 18, 2015 Foreclosure in 97223
Christopher…, Real Estate Pro in Bothell, WA
Christopher Watkins answered:
what is the info on this home and is there any photos? Thanks oregonlady777@yahoo.com
Lura,

I hope you are doing well. I was looking through the questions and noticed your question regarding a home. I wanted to contact a real estate professional to assist you howeve ... more
0 votes Share Flag Fri Jul 31, 2015 Foreclosure in Medford
Christopher…, Real Estate Pro in Bothell, WA
Christopher Watkins answered:
how do you get squatters out of a fore closed home?
Grunwadgary,

I hope you are doing well. I read this a while back and thought this would apply to this question. Hope this gives you some ideas!

http://www.landlordstation.com/in ... more
0 votes Share Flag Fri Jul 31, 2015 Foreclosure in 97701
Lexi, Other/Just Looking in Florence, OR
Lexi answered:
Financial distress - can't sell my home (living now out of state), credit card debt, no one can point me in the right direction
have you thought of leasing it out? to help pay the mortgage and any repairs. (to someone with good rental record)
0 votes Share Flag Sat Jul 11, 2015 Foreclosure in 97060
Lexi, Other/Just Looking in Florence, OR
Lexi answered:
My manufactured home sits on rented land. I must walk away from my mortgaged home. What can the owner of the land do as the home remains on his land?
DON'T just "walk away", but tie up as many loose ends as you can.
Many leases state that if BOTH AGREE, then the lease can be formally ended early. Best idea is to ask the owner to ag ... more
0 votes Share Flag Sat Jul 11, 2015 Foreclosure in Troutdale
Lexi, Other/Just Looking in Florence, OR
Lexi answered:
I am selling a mobile home on contract and the buyer has not fulfilled any part of the agreement. I have given him a 30 day notice to vacate which is
this is NOT an eviction, it's more like a foreclosure. Is your agreement in writing and all legal in its provisions? make sure it is.
0 votes Share Flag Sat Jul 11, 2015 Foreclosure in Troutdale
Michael Dero…, Home Buyer in Medford, OR
Michael Derossett answered:
I am involved in a short sale purchase under HAFA, anyone out ther have any insight?
Unfortunately, there are so many ways for the banks to delay the approval process...and they use them all. I have witnessed the "backlog" excuse used for months, so I hope that's not th ... more
0 votes Share Flag Thu Jul 9, 2015 Foreclosure in Grants Pass
Anna Piersall, Other/Just Looking in Mill City, OR
Anna Piersall asked:
Do you have more photos?
0 votes Share Flag Sun Jun 7, 2015 Foreclosure in Turner
AliviaAbel, Home Buyer in Miami, FL
AliviaAbel answered:
I am trying to purchase an REO from Citibank through my real estate broker. I put in my first offer and it took over two weeks for Citibank to
Newbie investor with a question about an REO in my area that I am hoping someone can assist with. To give some background, I have been searching my area for abandoned/REO properties th ... more
1 vote Share Flag Wed May 13, 2015 Foreclosure in Portland
Galia Taneva, Real Estate Pro in Cupertino, CA
Galia Taneva answered:
can you tell me when this listing is scheduled for auction? 28505 nw timber rd, timber or
This property is listed as "pre-foreclosure" which only means that the owner is behind on payments. It may never go to auction. Google the address and you will be able to find more inf ... more
0 votes Share Flag Tue Apr 7, 2015 Foreclosure in Timber
RonS, Real Estate Pro in Concord, CA
RonS answered:
I am interested in bidding on a foreclosure property at Sheriff's auction.
it's very scary and not for the faint at heart but, if you do your research and use your head and NOT your heart, you could do well.
0 votes Share Flag Thu Mar 26, 2015 Foreclosure in Deschutes County
Anthony Stro…, Real Estate Pro in Portland, OR
Anthony Stroud answered:
i have court in a few days about cash for keys what do i need when i go to court?
I would suggest contacting a lawyer. Let me know if you need a couple recommendations for attorneys I have worked with in the area. If you are looking on your own for an attorney make s ... more
0 votes Share Flag Wed Mar 18, 2015 Foreclosure in 97229
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