foreclosures in medford: Foreclosures in the Ashland Area
- 09/26/11 09:37 AM
I recently received this question from one of my readers: "I read your blog this morning and noted your comments regarding the 2011 foreclosure rate in Ashland. Given the information I sent you recently, plus your 17 years of experience in the Ashland area, I wanted to ask you a few specific questions so that my wife and I can better focus our search. Below are the key questions that we’d like to hear your professional opinion on:"
1. What are the realistic foreclosure projections for 2012 – 2013 in the Ashland area, for the type of properties we are … (0 comments)
foreclosures in medford: Foreclosures in the Ashland, Medford area are down for 2011 so far
- 09/21/11 05:56 AM
Jackson County Foreclosures as provided by Amerititle for Sept 2011. As you can see from the graph 2010 was the year with the most foreclosures, followed closely by 2009. So far in 2011 the numbers are down. The same is true for the notice of defaults, down this year compared to 2010.
… (0 comments)
foreclosures in medford: Foreclosures in the Ashland, Medford area
- 08/11/11 09:01 AM
This graph below shows the number of mortgage defaults to actual foreclosures in the Ashland, Medford area. You will notice a big jump in the number filed in April of 2011. This was due to the "hold" being put on filing of defaults around the end of 2010 and first of 2011. Other than the one month, the number of defaults in the Ashland,Medford area has been lower in 2011 than 2010.
… (2 comments)
foreclosures in medford: Ashland, Medford area foreclosure information
- 06/16/11 07:01 AM
AmeriTitle, a title company, in the Medford, Ashland area recently provided me with this graph regarding actual foreclosures of homes in the Ashland, Medford, and Jackson County area. As you can see by the graph 2009 and 2010 were the "big" years. So far for 2011 the number is down, but the year is only half through. For more information regarding buying a foreclosures, please call me.
… (0 comments)
foreclosures in medford: Foreclosures in Ashland and Medford Oregon - not that many?
- 03/08/11 05:18 AM
Some of the "theys" were saying that there was going to big a another big wave of foreclosures. Maybe in another area, but here in the Ashland, Medford area, the foreclosure list is getting shorter rather than longer. As a Realtor, I get weekly updates on which properties are on the foreclosure list. This week only one page long...Last week, a page and a half of properties. A year ago the list was 2 to 3 pages long. I hope the "theys" are wrong and the trend stays as it is...less and less distressed homes. … (0 comments)
foreclosures in medford: Foreclosure activity- will there be More or Less?
- 11/23/10 11:58 AM
Who do you believe? these days there are a lot of conflicting opinions about housing and the economy. According to The Wall Street Journal, Nick Timiraos (11/22/2010): Shadow Inventory Increases Likely The volume of bank-owned properties and potential foreclosures not listed for sale is up 10 percent to 2.1 million compared to August 2009, according to new estimates from research firm CoreLogic.Together with the 4.2 million inventory of listed homes, which is unchanged from a year ago, CoreLogic estimates the supply of homes at 6.3 million or about 23 months at the current sales pace.Some experts say these numbers are conservative. … (1 comments)
foreclosures in medford: The Dirty Secret in a Short Sale No One Wants to Talk About
- 11/11/09 11:30 AM
Agents, Banks, Lenders all talk about the risks for a Seller if they choose to sale their house short. Yes, there can be tax problems and lien release problems...plus the short sale may never even occur. Yes, a foreclosure is most of the time the better choice for most sellers, most of the time. Yes, most of us, know all of these reasons, and if you don't please refer to the many good sources of information out there on the risks. What I want to warn Sellers about is the future lawsuit risks. Don't assume because you as a seller did not … (2 comments)
foreclosures in medford: HOPE event in Medford - Loan Modification Help and Foreclosure Prevention
- 10/13/09 10:15 AM
Southern Oregon residents concerned about losing their home to foreclosure can receive help Saturday, Oct. 17, at an event in Medford organized by several government agencies, nonprofits, and real estate organizations. The Home Ownership Preservation Event (HOPE) will be held from 9 a.m. to 4 p.m. at the SOU/RCC Higher Education Center at 101 South Bartlett in Medford. At the free event, homeowners can learn about the options available to help them save their homes, including the federal Making Home Affordable Plan and Oregon's Senate Bill 628, which gives homeowners the right to meet with their lender to discuss a loan modification. … (1 comments)
foreclosures in medford: Don't Buy a Forelcosure, Buy a Post-foreclosure
- 07/21/08 10:11 AM
Buying a house in foreclosure is risky business. Buy a REO instead. An REO is a bank-owned post foreclosure house. Title Insurance Pre -You can obtain a title search as of the date you search, but it costs you $85 in Oregon. Plus if something happens between the date you search and the date you buy, you are out of luck. You have to make sure that there aren't more liens on the property than it is worth. There are no property disclosure requirements so there could many hidden defects - such as property lines disputes. Post-you will receive a standard … (4 comments)
foreclosures in medford: Do short sales actually close...stats...
- 05/27/08 12:17 PM
I recently co-presented a class on short sales at a WCR sponsored event. My stats on short sales are: one, didn't close in 1994 in CA, Three, closed in 2001 to 2003 in oregon Two, closed in 2007, one went to foreclosure One in 2007, I got the private lender to pay the seller moving costs for the deed and the property in good condition. In 2008 so far, one I lost to foreclosure, and I doubt I will wait around to fail again. But, for the information I presented to the class ,I polled the 4 local title companies and … (13 comments)
foreclosures in medford: Looking for foreclosures? There are 35 homes in Medford.
- 03/06/08 11:15 AM
People are always asking me...What about foreclosures? How many are there? are there any in Medford? The answer is - Yes! there are 35 homes on the foreclosure list in Medford. Most of these are already listed for sale, but as an agent, I can provide you with information on these homes. A savvy buyer will not wait to buy a home on the court house steps, but will work with an agent like me to find and procure these same homes. … (4 comments)
I recently received this question from one of my readers:
;)
;)
;)
