As a mortgage banker | broker here in Southern Oregon, I was happy to see Adam Bogle of Coldwell Banker ProWest in Ashland Oregon has posted some "hopeful" news with the number of available foreclosure homes on the market here in Jackson County Oregon. I'm working with several buyers who are planning to use the Neighborhood Stabilization Program which gives them up to $50,000 to purchase a foreclosure with, so this is GREAT NEWS for them. It's been slim pickings lately for these buyers. Thanks for the great info, Adam!
Via
Adam Bogle, CRS, Southern Oregon... The Most Recognized Realtor in the Universe (Coldwell Banker Pro West):
A quick search of the Southern Oregon MLS shows that today there are 133 bank owned (REO) forclosed houses currently for sale.
These properties are all kinds...in all price ranges.
On the bottom end is a $55,000 house in Evans Creek on an acre that has fire damage. But more realistically, there is a house in West Medford on Grape street that is listed at $65,000.
Then on the other end of the spectrum, there is a 388 acre Rogue river front property with 3 houses, plus fitness center....etc....that would make an awesome retreat. It is listed for sale at $4,850,000. Or perhaps a 26 acre horse ranch is Ashland is your idea of a great foreclosure deal, that one listed at $1,200,000.
Here is a breakdown by Area
- East Medford 32
- West Medford 17
- Central Point 16
- Talent 1
- Ashland 6
- Jacksonville 1
- Eagle Point 9
- Shady Cove 12
- White City 15
- Gold Hill 10
- Other areas 14
Price range for the active forclosed houses are:
- Under $100k 7
- $100-140k 31
- $140-200k 39
- $200-250k 25
- $250-350k 17
- $350-500k 9
- Over $500k 5
So whether you are looking for a $4 million dollar foreclosure deal, or a $65,000 foreclosure deal, I can help. There are some special requirements when dealing with negotiations with bank owned properties, but I would be happy to assist you with them.
If you would like to be put on a list and have new foreclosure properties (in whatever price range) sent to your email as they become available, contact me and I will set that up for you.
As always, you can conduct your own searches for Ashland Oregon Real Estate at my website www.Agentinakilt.com.
Karen Cooper - OR|CA Mortgage Consultant - www.Quality4Loans.com
Providing high Quality, Professional, Ethical service to Oregon and California home buyers and owners since 1983. Whether you are taking out your first home loan or your fiftieth, for your home, your second home or for investment, put my knowledge and expertise to work for you.
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Thanks for the re-post! It is always an honor to be recognized as having shared valuable information.