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Current Foreclosures for Sale in Jackson County Oregon

Reblogger Karen Cooper
Mortgage and Lending with Karen Cooper | Sr Mortgage Loan Originator ! NMLS # 223305 | First Federal Bank of Florida, Ocala, FL NMLS 223305

 

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!

 

Original content by Adam Bogle

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.

Posted by

Karen Cooper Southern Oregon|California Mortgage ConsultantKaren Cooper - Home Lending Advisor Nationwide

               NMLS #223305

 

Comments(4)

Adam Bogle
TEN Realty Group - Ashland, OR
CRS, Southern Oregon... The Most Recognized Realto

Thanks for the re-post! It is always an honor to be recognized as having shared valuable information.

Sep 16, 2009 09:21 AM
Karen Cooper
Karen Cooper | Sr Mortgage Loan Originator ! NMLS # 223305 | First Federal Bank of Florida, Ocala, FL - The Villages, FL
Helping Homeowners w/Home Loans in 27 US States

Hi Adam - An honor you have certainly earned! Anything done to help pass vacant foreclosure homes in to the hand of buyers is IMHO honorable.

Sep 16, 2009 09:27 AM
Donne Knudsen
Los Angeles & Ventura Counties in CA - Simi Valley, CA
CalState Realty Services

Karen - Well it looks like your NSP buyers have a lot of different choices to choose from.  Hopefully, they'll all get into escrow in time for the tax credit. 

Sep 16, 2009 02:38 PM
Karen Cooper
Karen Cooper | Sr Mortgage Loan Originator ! NMLS # 223305 | First Federal Bank of Florida, Ocala, FL - The Villages, FL
Helping Homeowners w/Home Loans in 27 US States

Hi Donne - You are right, buyers here in Southern Oregon are going to have a few choices, especially if they are looking a little higher then the lowest price tiers, which they just may be able to do with the Neighborhood Stabilization Program. I have 3 buyers in escrow who will use these programs, and one more not far behind. All should easily close before November 30th, and take advantage of tax credit eligibility. Exciting times, don't you think?

Sep 16, 2009 03:53 PM