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foreclosures: Sellers of Short Sales what you should know. - 02/04/12 11:54 PM
So youve had a few agents out and there has been some talk about selling your home as a Short Sale. You think that you have this short sale stuff down cold? Really ? Here are a few things that might not have come up in the conversations that you have had about selling your home Short.
Short sales must go through an approval process. There will be a lot of people involved along the way to that Short Sale approval and eventual closing , that is if your fortunate enough to make it. One such person will be the BPO agent. BPO … (11 comments)

foreclosures: What is a CDPE and how can they help? - 07/10/11 11:47 PM
Every body knows someone who has either SOLD their home or BOUGHT there home under a Short Sale circumstance. You may know or have heard the stories about people who have saved tens of thousands of dollars or in some cases even hundreds of thousands of dollars.
Well I am here to tell you those stories are absolutely TRUE!
But how did it happen and just what is this CDPE thing I have been hearing about? If you or someone you know are heading down that path to foreclosure the CDPE is someone you better get to know.
They may be … (3 comments)

foreclosures: Show me the Money - 01/20/11 10:12 PM
Show me the Money not the Hype! As a busy real estate Broker in Portland Oregon I am constantly amazed at what agents seem to think is important.
" I am a Short Sale Specialist, or Foreclosure Specialist " etc. etc. etc. Yes it is important to work with someone who knows what they are doing. But truth be known what the consumer wants right out of the gate is to see that Foreclosure information and or listings.
Just show me the Foreclosure information they scream. Yet more often than not what they get is accolades about how good the agent could … (6 comments)

foreclosures: Price VS Square Foot - 12/29/10 04:38 PM
The Price per Square foot argument. It is not all that often but on occasion I do get a Buyer or two who are over enamored with the Price per Square Foot question.
Here is the Story.
After showing Bob and Sue this perfect little Condo in downtown Portland the other day they wanted me to send them some comps. I am always more than happy to do that as a well informed Buyer is a Happy Buyer. After viewing the comps Bob emails back and wants to make an offer based on his calculations using Square Feet.
So a little … (3 comments)

foreclosures: Short Sale Close to Portland Oregon - 05/22/09 10:06 AM
… (2 comments)

foreclosures: The Red Letter Day - 04/10/08 06:27 PM
                                                                             The Red Letter Day
Have you received THE LETTER?
Perhaps you have or you are anticipating its arrival any day now. What letter am I talking about? 
It is the letter that you receive from your home mortgage lender. There notice to you that they have not received payment as normal. It is also notification of potential additional fees and consequences for not paying. Also known as the pre-foreclosure letter it can send a chill up and down your spine.
If you have or soon expect to receive the pre-foreclosure letter it most likely comes as no surprise to you. What actions could or should you take?  The last … (12 comments)

foreclosures: Short Sales Pre-Foreclosures and Foreclosures - 01/17/08 10:44 AM
Are you facing the possibility of a foreclosure? No matter what your circumstances waiting for the last moment is NOT the best thing to do. Action must be taken to protect your Home and you're Credit.
So, What are your Options? What can you do other than accept the foreclosure? :
You could make up the deficiency by paying the back payments.You might be able to re-finance.You could possibly negotiate with the current Lender for more time.You may have to sell the house.If making up the back payments is not an option for you and all attempts to negotiate with your Lender have … (3 comments)

 
Rainmaker_large

Downtown Portland Real Estate Broker~Herb Hamilton,CDPE

Portland, OR

More about me…

RE/MAX Preferred Inc. Realtors

Address: RE/MAX Preferred Inc. Realtors : Herb, 10121 SE Sunnyside Rd. Suite 150, Clackamas, or, 97015

Office Phone: (503) 659-1550

Cell Phone: (503) 515-8889

Email Me

Writing about Portland Oregon Real Estate issues and Neighborhoods. Articles include how-tos as well as how-to-nots. Learn all about Fixers and Rehabs. Stop by for insightfull stories of Portland Homes, some funny some sad some informative as we cruise through the Neighborhoods of The Rose City Portland Oregon. website statistics Join My Community at MyBloglog!
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