A CNN Money article posted online today states that of the roughly 2.2 million delinquent home loans, 34% of borrowers have not made a payment in 12 to 23 months while another 37% of the borrowers have not made a payment in 2 years or more. This means that nearly 3/4 of the borrowers in [...]
Archive for August, 2011
37% of Delinquent Borrowers Are 2 Years Behind in Payments (Or More!)
Posted in bend oregon real estate, home sellers, tagged bank owned homes bend, Bend Oregon real estate market, experienced short sale agent bend, notice of default deschutes county, number of months delinquent on loan, short sale agent bend oregon on August 31, 2011 | Leave a Comment »
Notices of Default Continue To Drop
Posted in bend oregon real estate, real estate market statistics, tagged bank owned homes bend, Bend foreclosures, Bend real estate market, Bend real estate statistics, experienced short sale agent bend, notice of default deschutes county, short sale agent bend oregon on August 24, 2011 | Leave a Comment »
Notices of Default (NOD) in Central Oregon dropped for the third straight month in July, down to 146, which is the lowest number since August 2008. NOD are down 54% compared to July 2010. In the fall of 2010, lenders halted foreclosure proceedings while they evaluated the robo-signing issue, among others. As a result, in [...]
Getting married? Register for down payment funds!
Posted in bend oregon real estate, home buyers, tagged down payment assistance, down payment assistance programs, down payment gift programs, down payment help, FHA Bridal Registry, FHA loan, help with down payment on August 10, 2011 | Leave a Comment »
If you’re getting married and plan to buy a home, please continue reading. Rather than registering at Macy’s or Pottery Barn, you might want to consider the FHA Bridal Registry. This program allows couples to register with a lender, then funds may be deposited by friends and relatives directly into the Bridal Registry Account, or [...]
Bend’s Best Buys – $139,900 in Old Mill District
Posted in bend oregon real estate, home buyers, tagged affordable homes Bend Oregon, bend oregon investment properties, bend's best buys, west side homes bend on August 8, 2011 | Leave a Comment »
This darling house was updated recently with new flooring, paint, windows, and kitchen. It’s located on the west side of Bend close to the Old Mill District, several parks, and the river. The lot is huge – about 0.3 acre (13,504 SF). The home is 1048 sq. ft. with 3 bedrooms/1 bath. The address is [...]