bend bank owned homes: (SOLD 5/14/10) Bend's Best Buys - $154,800 bank owned, west side - 03/29/10 02:20 PM
(SOLD 5/14/10 - $150,000) Are you looking for a charming west side Bend cottage but don't want a fixer? This home in The Cottages is a great option. This home was built in 2002 and is 1016 sq. ft. with 2 bedrooms, 1 bath, plus an upstairs bonus room. This is a house but the neighborhood is run like a condominium complex. The HOA dues of $273/month cover exterior maintenance, water, sewer, garbage and cable. There is also an oversized detached single car garage. Great live in or investment home near Central Oregon Community College and Newport Ave., home to lots … (0 comments)

bend bank owned homes: Cheri Smith Earns NAR Short Sales and Foreclosure Certification - 03/24/10 09:59 AM
Bend, Oregon 3/23/2010 - Cheri Smith with Total Property Resources has earned the nationally recognized Short Sales and Foreclosure Resource certification. The National Association of REALTORS® offers the SFR certification to REALTORS® who want to help both buyers and sellers navigate these complicated transactions, as demand for professional expertise with distressed sales grows. 
According to a recent NAR survey, nearly one-third of all existing homes sold recently were either short sales or foreclosures.  For many real estate professionals, short sales and foreclosures are the new "traditional" transaction.  REALTORS® who have earned the SFR certification know how to help sellers maneuver the … (3 comments)

bend bank owned homes: Bend Real Estate Statistics February 2010 - 03/02/10 08:59 AM
There are currently 1147 homes for sale (up quite a bit from January), 198 contingent sales, 345 pending sales (way up from January), and 128 homes sold in February 2010. The median home price was $193,000, up a little bit from the median sales price of $182,950 in January 2010. 
Of the 128 homes that sold, 50 were bank owned (39%) and 28 were short sales (22%), so 61% of the sales were distressed properties. The median sales price of the bank owned homes was $171,250 and the median sales price of the short sales was $186,250. The median sales price of … (0 comments)

bend bank owned homes: Bend Real Estate Statistics January 2010 - 02/17/10 06:15 AM
I checked and double checked the numbers for January because they were significantly different than the previous few months have been. There are 916 homes for sale, 152 contingent sales, 224 pending sales, and only 124 homes sold in January. Not only were sales down, the median home price was down to $182,950. It's important to note that only 11 homes sold over $500,000 and not a single home sold over $1,000,000. In December 2009 18 homes sold over $500,000 and 4 of those were over $1,000,000. In November 2009, 19 homes sold over $500,000 and 4 were over $1,000,000. That does … (0 comments)

bend bank owned homes: Bend's Best Buys - 326 NW Roanoke $359,900 - 02/09/10 04:32 AM
This eco-friendly house was formerly listed at $980,000 and is now bank owned and listed at $359,900. This 3124 sq. ft. home has 5 bedrooms, 4 baths and sits on a 0.3 acre lot. The 5th bedroom downstairs is currently set up as a studio apartment with a kitchenette, bathroom, and private exterior entrance. The master suite was plumbed for a kitchen and could be turned into a locked off rental if desired. This home was used as a vacation rental in the past. Some of the finishes include stained concrete flooring, radiant floor heat throughout, bamboo cabinetry, 5 reclaimed redwood … (2 comments)

bend bank owned homes: Bend Real Estate Statistics December 2009 - 01/31/10 12:07 PM
December was another decent month with 1073 homes for sale, 185 contingent sales, 314 sales pending, and 190 sales. Bend mirrored the national trend in that we had slightly fewer sales than in November but more homes were pending. The median home price was $224,000.
Only 92 (8.5%) of the homes for sale are bank owned, while 86 (27%) of the homes pending and 64 (34%) of the homes that sold were bank owned. The median price of the bank owned properties that sold was $176,000 with most of the sales occuring in the $120,000 - $160,000 price range.
Short sales make up 210 (19.5%) of … (0 comments)

bend bank owned homes: Bend Real Estate Statistics November 2009 - 01/31/10 11:47 AM
November was a great month for sales. There were 1210 homes for sale, 216 contingent sales, 288 sales pending, and 203 homes sold. The median sales price was $235,500. Compare these numbers to November 2008 when we had 1961 homes for sale, 59 contingent sales, 126 sales pending, and 69 homes sold. The median price was $284,500. Although the median price was lower in November 2009, nearly 3 times as many homes sold as in November 2008.

Of the 203 homes that sold, 80 were bank owned and the sales prices ranged from $40,000 - $702,500. 42 of the sales … (0 comments)

bend bank owned homes: Bend Real Estate Statistics August 2009 - 09/21/09 10:28 AM
There are currently 1546 active listings, 236 contingent sales, 211 homes pending, and 153 homes sold in August 2009. The median sales price is $225,000. I think it’s interesting that there are 326 homes for sale under $200,000 yet that’s not the most active segment of the market. The majority of the sales are over $200,000. Affordability is an issue in Bend. Now we have homes available for less than $200,000 but buyers are focusing on the higher priced homes. We even have about 100 homes for sale under $150,000.
Of the active listings, 86 are bank owned and 309 are … (0 comments)

bend bank owned homes: Bend's Best Buys - Mill Quarter Townhome - 08/06/09 01:09 PM
This Mill Quarter townhome is located in the heart of Bend between downtown and The Old Mill District, perfect for a buyer that wants hip, urban living. The exteriors were inspired by east coast brownstones and the interiors have a modern, industrial style, complete with brick, steel, and concrete. The ICF (insulated concrete form) construction offers energy efficiency and soundproofing. The interior finishes include cork and concrete flooring, granite and tile countertops, dumb waiter, and stainless steel Viking appliances. This townhome is 1822 sq. ft. with 3 bedrooms/3 baths and is offered at $455,000. It's priced as well as a bank owned Mill Quarter townhome that sold earlier this … (0 comments)

bend bank owned homes: The Lowest Priced Homes in Bend, Oregon - 07/23/09 01:08 PM
These are currently the lowest priced stick built homes (not manufactured) on the market in Bend. Some of them need repairs but others are move in ready. I mentioned the FHA 203K rehab loan in a previous post and some of these homes would be perfect candidates. For qualifying buyers, this particular loan allows you to finance the cost of home repairs in your loan.
$85,000 - 3 bedroom/1.75 bath, 1176 sq. ft. home in SE Bend. This home is zoned RM and currently rents for $900/month. It's a short sale.

$89,000 - 3 bedroom/1.5 bath, 1360 sq. ft. home on … (0 comments)

Cheri Smith (Total Property Resources)

Cheri Smith

Bend, OR

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Total Property Resources

Office: 541(330) 058-8106

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