Monthly Archives: June 2013
Fannie Mae short sales must be actively listed in MLS for 5 days
On June 19, 2013 Fannie Mae released new guidelines that will require homes for which they guarantee the loan to be actively listed in the MLS for 5 days, including one weekend, before being considered for a standard short sale or HAFA II short sale. Servicers are being encouraged to implement this guideline now but […]
Northwest Crossing Hullabaloo June 28, 2013
Are you looking for a fun summer event to attend this weekend in Bend, Oregon? If so, you’re in luck. The Northwest Crossing Hullabaloo kicks off this Friday June 28, 2013. Some of the activities include the Kids’ Crit, NWX Criterium, Kids’ Zone, and numerous concerts including Blind Pilot (yeah!!!), Boxcar Stringband, Sarah Jackson-Holman, and Jeff […]
Bend Real Estate Statistics – Q1 2013
Bend, Oregon home prices in Q1 2013. You’ve no doubt heard that the Bend real estate market is hot right now, and here are the statistics to back it up. Since I cannot manage to stay on top of monthly market reports, I’m going to focus on quarterly reports instead. The median home price at […]
Can I make offers on multiple short sale listings?
This is a common question from homebuyers. Because it takes so long to get a response from the seller’s lender after submitting an offer, many buyers are reluctant to just sit around and wait for 3-4 months. Some buyers choose to make offers on several different short sale listings, and then when they get a […]
Auction Sale at The Plaza Condominiums July 20, 2013
From http://www.prweb.com June 21, 2013 On July 20, 2013 Bend homebuyers will have the opportunity to determine their own sale prices above minimum bids for luxury condominiums at The Plaza with views of the Deschutes River, mountains and a short walk to the premier Old Mill District. The Plaza Bend LLC, have contracted with leading […]
Bend’s Best Buys – $315,000 on the west side!
This west side home for sale in Bend sits on a large, flat fully fenced and landscaped lot near Newport and Galveston Ave shops and restaurants. The immaculate single level home has new paint, counters, floor coverings, and a newer roof and windows. Well insulated, high efficiency furnace, solar hot water, and wood burning fireplace […]
Oregon Supreme Court rules that MERS can initiate nonjudicial foreclosure proceedings
In two closely watched cases, the high court ruled that creditors using an electronic mortgage registry don’t have to publicly record the ownership history of a trust deed in order to take advantage of the nonjudicial foreclosure process the Legislature created in 1959.
Banks must meet with delinquent borrowers before foreclosing
On June 3, Governor John Kitzhaber signed SB 558 into law. SB 558 closes the loophole that allowed lenders to avoid mediation with a borrower facing foreclosure if the lender intended to foreclose judicially.
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