A Rare Find... Type: Single Family Home Location: 3277 Springbrook Road, Medford, OR 97504 Bedrooms: 3, Bathrooms: 2 full, 0 half, 0 three-quarter bath Price: $184,900 Description: Don't let the street name fool you - this is on a quiet dead-end street, north of Delta Waters. Excellent curb appeal outside and attention to detail inside. You'll love the open kitchen, dining and living room with vaulted ceilings. Kitchen has newer granite countertops and laminate flooring. Huge deck and backyard. Large RV parking and lots of extra parking.
Contact Information: Jared Hokanson RE/MAX Realty Group 2594 East Barnett, Suite B Medford, OR 97504 Phone: 541-772-7653 Fax: 541-734-5559 Email: Jared@TopSouthernOregonAgent.com
Stunning Condition!!! Type: Single Family Home Location: 629 Barton Road, Eagle Point, OR 97524 Bedrooms: 3, Bathrooms: 2 full, 0 half, 0 three-quarter bath Price: $179,000 Description: Stunning condition! This home is immaculate. Open great room with vaulted ceiling. Gorgeous kitchen with raised bar, pantry and laminate flooring. Master suite with vaulted ceiling. Master bath with double vanity and tile floors. Full sprinkler system. 2 car garage.
Contact Information: Jared Hokanson RE/MAX Realty Group 2594 East Barnett, Suite B Medford, OR 97504 Phone: 541-772-7653 Fax: 541-734-5559 Email: Jared@TopSouthernOregonAgent.com
Quiet and Affordable in the East Side! Type: Single Family Home Location: 2046 Young Circle, Medford, OR 97504 Bedrooms: 3, Bathrooms: 2 full, 0 half, 0 three-quarter bath Price: $169,900 Description: Great East Side Home! Well maintained home on a cul-de-sac. It's close to everything. Vaulted ceiling in the living and dining rooms, hardwood floor as well. Covered backyard patio and fully fenced yard too! This home is a must see!
Contact Information: Jared Hokanson RE/MAX Realty Group 2594 East Barnett, Suite B Medford, OR 97504 Phone: 541-772-7653 Fax: 541-734-5559 Email: Jared@TopSouthernOregonAgent.com
Gorgeously Renovated...Look and See! Type: Single Family Home Location: 16 Myers Court, Medford, OR 97501 Bedrooms: 3, Bathrooms: 1 full, 0 half, 0 three-quarter bath Price: $135,000 Description: Come see this gorgeously renovated home with beautiful hardwood floors in the large living room. The open kitchen has newer linoleum. New energy efficient windows throughout.
Contact Information: Jared Hokanson RE/MAX Realty Group 2594 East Barnett, Suite B Medford, OR 97504 Phone: 541-772-7653 Fax: 541-734-5559 Email: Jared@TopSouthernOregonAgent.com
$174900 / 4br - Over 2,000 square feet! A little TLC needed.
A Little Love Goes a LONG Way... Type: Single Family Home Location: 2552 Hawaiian Avenue, Medford, OR 97504 Bedrooms: 4, Bathrooms: 3 full, 0 half, 0 three-quarter bath Price: $174,900 Description: Fantastic home in a great area! Open floor plan with 2 Master Suites. Newer roof and flooring. Family room with gorgeous brick fireplace. TLC needed on some unfinished projects. Drive through garage to backyard. Tons of RV parking!
Contact Information: Jared Hokanson RE/MAX Realty Group 2594 East Barnett, Suite B Medford, OR 97504 Phone: 541-772-7653 Fax: 541-734-5559 Email: Jared@TopSouthernOregonAgent.com
Luxurious Home with a Pool Type: Single Family Home Location: 2969 Rosedale Terrace, Medford, OR 97504 Bedrooms: 4, Bathrooms: 3 full, 0 half, 0 three-quarter bath Price: $449,900 Description: This luxurious Pagnini-built home stands out above the crowd, nestled on a quiet cul-de-sac. Inside the home you'll be drawn to the custom woodwork & hardwood flooring with in-laid marble that leads to a view of the private lagoon-like pool with its cascading waterfall. The formal living room with gas/wood fireplace & formal dining room are perfect for entertaining. You'll love the open floor plan & the large kitchen with granite counters & Sub-Zero refrigerator. Enjoy the large main-level master suite with jetted tub & spa-like feel. Two family rooms- one upstairs & one down stairs! Come see and fall in love!
Contact Information: Jared Hokanson RE/MAX Realty Group 2594 East Barnett, Suite B Medford, OR 97504 Phone: 541-772-7653 Fax: 541-734-5559 Email: Jared@TopSouthernOregonAgent.com
JARED HOKANSON EARNS PRESTIGIOUS DESIGNATION TO HELP HOMEOWNERS IN DANGER OF FORECLOSURE
Jared Hokanson of Re/Max Realty Group has earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance and short sales. This is invaluable expertise to offer at a time when the area is ravaged by "distressed" homes in the foreclosure process.
Short sales allow the cash-strapped seller to repay the mortgage at the price that the home sells for, even though it is lower than what is owed on the property. With plummeting property values, this can save many people from foreclosure and even bankruptcy. More and more lenders are willing to consider short sales because they are much less costly than foreclosures.
In the Medford & Southern Oregon area, more than 900 homes are in danger of foreclosing. It is happening in all price ranges. Local experts say that even high-priced homes are not immune.
"This CDPE designation has been invaluable as I work with sellers and lenders on complicated short sales," said Hokanson. "It is so rewarding to be able to help sellers save their homes from foreclosure."
Alex Charfen, founder of the Distressed Property Institute in Boca Raton, Fla., said that Realtors® such as Hokanson with the CDPE designation have valuable training in short sales that can offer the homeowner much better alternatives to foreclosure, which virtually destroys the credit rating. These experts also may better understand market conditions and can help sellers through the emotional experience, he said.
Short Sale instead of foreclosure in Medford Oregon?
Will I qualify for a short sale? Only your lender can decide, but I recommend getting a real estate agent that can put you in the best possible light with your lender (or worst possible light, depending on how you look at it). How do I know if I have a situation that may work for a short sale? Here are a few situations that many banks have approved for a short sale:
Family illness or injury
Illness or injury in the extended family particularly if it forces relocation
Job relocation when the property and your home has lost value
Job loss or significant income loss
Divorce or split of domestic partners
Adjustment in mortgage payment or unforeseen increase in living expenses
Feel free to give me a call or send me over an email if you'd like to ask me any more questions about whether or not your situation may be right for a short sale in the Rogue Valley of Southern Oregon.
Who is the boss? You are!!! What do I mean by that? When you place your home on the market in a short sale situation in Southern Oregon, when you get an offer on it, you, the owner of house, you get to decide if you want to accept that offer or not. Not the bank, not your neighbor, not your mom, not the real estate agent. Why is that important? Its your house!!! Even if the bank has filed a notice of default, it is still your house unless or until your bank has officially foreclosed and given you about a 4 month window of opportunity to bring your account current before they can take your house away. They cannot show up on your doorstep and just kick you out of your house unless they have officially foreclosed, and you would know that well beforehand.
Why do I mention all of that? I have had potential clients and clients recently in tears for fear of one or both of their mortgage companies showing up on the doorstep while they are at work and putting all of their belongings out on the street, changing the locks and being scared for their families that they may not have a place to stay on a moments notice.
Its a scary time financially for many people throughout Medford, Ashland, Central Point, & surrounding communities right now. If you find yourself or someone you know concerned about their ability to make their mortgage payments in the forseeable future, please email or give me a call for a completely confidential appointment to see if a short sale is right for you.
What will my lender want from me for a Short Sale in Southern Oregon?
If you are thinking about a short sale in the Medford/Grants Pass area, there are a few things your lender will probably want to have as we move forward with a short sale.
A "hardship letter" explaining your situation
Past two years tax returns
Past two months pay stubs
Past two months bank statements
Last six months Profit & Loss (if self employed)
Divorce Decree
When you call us to help with your short sale in Southern Oregon the sooner you can begin gathering the above items, the sooner we can help you try and get out of the house and the monthly payment that has become like an alligator around your neck.
Jared's opinion on real estate in Oregon. Jackson County. Rogue Valley. Medford, Ashland, Talent, Phoenix, Eagle Point, White City, Central Point, Gold Hill, and Rogue River.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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