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 failed and a refinance option is off the table for you then Selling the home may be your only option left.

Selling your home in the greater Portland area market today might surprise you. Contrary to recent media hype of a faltering real estate market, Portland is enjoying a rather good market. Where as prices have fallen and in some cases continue to fall in other parts of the country, the Portland market median home prices continue to rise, currently about 7.2%. The Condo market is doing even better at about 13%.

The Portland Real Estate market of course has not been completely insulated from the effects of the rest of the country. The number of Solds and Sale Pendings are down from previous years. Indicating that Seller's of homes in the Portland market must price their homes fairly without over speculating as has been common place over the past few years.

When Selling your home there will be several factors to take into consideration. Among the considerations could be an opportunity for a Short Sale. Do you understand Short Sales? There are many factors that govern Short Sales. For a deeper understanding of the advantages and or disadvantages give me a call (503) 659-1550 or email me at h.hamilton@remax.net . For fast results try my Cell phone at (503) 515-8889

What ever you decide to do, DON'T WAIT! Time is not your friend. Give me a call today your options may be better than you ever expected.

Presented by Oregon Real Estate Broker Herb Hamilton of RE/MAX Preffered Inc. Realtors

" A Real Estate Transaction with Herb is One YOU Will Profit From"

Investor's Don't miss out on the Best Deals! Let that next Deal Find YOU! at www.portlandflips.com  You will be amazed.

For additional Portland area information check us out at  Portland_area_information .