Short Sales in 2015

Real Estate, Short Sales
How Short Sales Have Changed in the Year 2015 Increases in home values in the Portland area, defaulted properties going to foreclosure and home owners completing short sales are all contributing to a reduced amount of short sale inventory. However, high demand from well-qualified home buyers and a pronounced dearth of available homes for sale in Portland mean that short sales remain a viable option for sellers with negative equity as well as cost-conscious consumers looking for a good deal on real estate in Portland, Oregon and surrounding communities. Further slowing down housing inventory turnover are home owners who are upside down that may be holding out on selling in the hope that prices will increase further and allow them to sell at a higher price that would leave them…
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Short Sale Specialist Report: Milwaukie, Oregon Fall 2014

Short Sales
We're short sale specialists serving Milwaukie, Oregon and we've helped a multitude of home owners just like you regain their financial freedom. Our of our team members are SFR (Short-sale Foreclosure Resource) certified specialists and we always handle all negotiations in-house so you get the best quality service. Some of our competitors outsource the short sale work but this often leads to buyers and sellers getting stuck with blue-sky middleman fees. When you call us you speak directly with experienced Realtors who are ready to help you short sale your Milwaukie, Oregon property. We Negotiate Your Short Sale Personally: It's Our Duty To Put Your Needs First We want your short sale done right, so we do it ourselves (providing a better service while saving you money by not tacking…
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The Equator Short Sale System

Short Sales
Equator: Short Sale Specialist Discussion Who am I? I’m Richard Lockwood, real estate broker licensed in the State of Oregon and a Realtor in good standing. I work directly with Bruce Lockwood my business partner and have helped hundreds of people successfully complete short sales. Bruce and I are brokers with Oregon Realty Company, the largest independent brokerage in the state and our firm brings almost 7 decades of real estate excellence to every person we help. I am not an attorney, I am not a tax professional and I can’t give legal or tax advice… That said my experience as a broker in short sales speaks for itself. Who Uses Equator? Many major banks such as bank of America, wells fargo, nationstar and others use the Equator platform as…
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Distressed Sales Information 1st & 2nd Quarters

Portland Real Estate Market
Distressed property sales in the Portland metro area dipped in the second quarter of 2014 as the spring buying season heated up. Short sales dipped from being 6.1% of total sales to being 4.1% of total sales for the first and second quarters of 2014 respectively. Bank owned foreclosures (REO) properties experienced a less abrupt drop from 4.9% down to 4.7% when the first quarter of 2014 is compared to the second quarter of this year. Inventory of available homes offered on the market throughout Portland remains quite low and this low inventory may be fueling the drop in short sales as rising prices move more sales into the non-distressed category. Also, national politics may be playing a role as congress has failed to reach an agreement extending the Mortgage…
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Portland Short Sale Specialist

economy
As real estate brokers we are not attorneys and as such, this publication should not be construed as legal counsel or advice. In the course of our duties as agents some of our clients choose to retain legal or financial counsel and we work in cooperation with such professionals in the process of serving you, our client. We As Realtors in Portland and short sale specialists… our legal obligation is to work for you, and to serve our clients’ best interests We’re licensed real estate brokers in the state of OR, with Oregon Realty Company and we’re held to a very high standard of ethical conduct known as fiduciary duty to our clients While we cooperate with a variety of banks, attorneys and financial institutions to complete a short sale…
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Funny Short Sale Fail

Short Sales
Some time ago, while negotiating a short sale on behalf of a Portland Home Owner and the bank's phone system went into something of an endless loop of fail. And, while the bank's computer and phone systems failing is not very uncommon, on that particular day I had video rolling to capture the event for all time. I should note that eventually I did get through and we did successfully resolve the transaction but this video still serves as a reminder of the frustration that many home owners experience. The bottom line is we know how you feel and we can help! If you need a short sale in or around the Portland Metro area don't hesitate to give us a call. We're ready to listen and we're experienced in…
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How To Fill Out The Wells Fargo Short Sale Affidavit

Short Sales
Who am I? • I am a real estate broker licensed in Oregon • Broker with Oregon Realty Company • Top producing short sale agent Disclaimer: • I am not an attorney or accountant and this video is not legal, tax or financial advice. • That said, these are forms common to the short sale process and you will see them if you are involved in short sale real estate with wells fargo. Short Sale Affidavit Tips: • Ensure you have the current form version and call in to 866-903-1053. • Don’t wait for the bank to ask for the form. • Use the last date on the sales contract. • Fill in all details buyer & seller address. • Put the following language on an addendum: “This contract shall…
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Portland Short Sale Realtor

Short Sales
SFR Specialists In Portland, Oregon Is Getting Relief From Mortgage Debt Your Priority? Our SFR ( Short Sale Foreclosure Resource ) designation signifies that in addition to being state licensed real estate brokers we have also completed the National Association of Realtors' SFR program. In addition to SFR certification, as specialists we have devoted countless hours to settling mortgage debt for our clients and pass this valuable experience on to home owners. As leaders and top sellers of distressed properties, we put our experience in settling mortgage debt to work for our clients in big ways; we use our successes in closed transactions to help us continually refine the best techniques and proven strategies. Furthermore, while we can't predict the future our track record with a wide variety of banks…
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My Short Sale Experience

Portland Testimonials
A Short Sale Testimonial Hi Bruce- I really do appreciate the way that Rich handled my short sale. It was a very nerve wracking experience knowing that the potential of foreclosure was always there. However, every time I called to get an update, Rich knew exactly where my house was in terms of negotiations with the bank and the buyer. I appreciated that he was very straight forward and detailed with me in providing information. It helped me stay calm through the process. Thank you to both you and Rich for helping me! Anonymous.
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Customer Rating

Portland Testimonials
To whom ever it may concern; We sold our house short sale with Bruce & Richard. I highly recommend Rich & Bruce at Oregon Realty Exclusive Portland Real Estate. com to anybody wanting to sell a home. They are on top of changing market conditions, buyer sentiment, pricing, and timing. We were fully informed at all times as Bruce & Richard exceeded our home selling expectations in every way. Adam & Val Thanks for the good word and we're pleased to count you among our satisfied customers. When you're ready to get a great deal on a purchase don't hesitate to contact us. We're getting in new inventory every day and we're excited about how we can help our repeat clients. Be sure to check back with our site to…
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