BEND OREGON BANK FORECLOSURES - You should be aware of the procedure you go through when you buy a bank foreclosure. All banks require the buyer to provide a check as earnest money, a pre-approval letter from a Mortgage Broker or proof of funds if you are paying cash.
I have written 5 offers on bank owned homes in the last few weeks. There was more than one offer on 4 of the 5 properties. Statistics show the banks are only coming down between 5 and 10% off the current list price.
Some of the best buys on the market are bank foreclosures. Interest rates are below 5% and there are some really great values available. Take your time finding the right home but be ready to move fast when you find it.
If you’re serious about buying a Bend Oregon bank foreclosure you should sign up for Jim’s free New Listing Notification Service or call or e-mail Jim today to receive up to the minute e-mails on new bank foreclosures.
Jim Johnson is a Certified Residential Specialist and has been selling quality homes in Bend Oregon since 1981. Call 541-389-4511 or see his web site to search the MLS - Bend Oregon Real Estate. Jim is licensed by the State of Oregon as the Principal Broker for Bend Oregon Real Estate Expert. E-MAIL