Is it too good to be true?

The answer, Yes, and No!

In order to be eligible for the $20,000 from Chase the loan must be previously a WAMU option Arm, Interest Only, or negative amortization loan. Just the real bad loans. The offers cannot be requested. Chase had to identify you and send you a letter offering you access to the offer. Only the hardest foreclosure struck areas have received these offers. In fact the details behind the selection process is very hush, hush. The selection criteria is not published anywhere. In other words, don’t bet on it, or wait. Likely the offer is not coming at all!

Does this mean a homeowner is unable to receive some money to help with moving expenses? No, there are programs available to provide moving assistance. The HAFA program is a good example of a government sponsored program that will pay qualified homeowners up to $3,000 toward moving expenses. Additionally, I have been successful in negotiating moving assistance in certain other non HAFA situations and I’ll attempt to do the same for you.

If your facing foreclosure seek assistance sooner rather than later, and realize if you ask for help (which seems to be the hardest part for struggling homeowners) chances are you can avoid foreclosure and I would like to help.

Did you know over 85% of homes that are foreclosed on NEVER were listed for sale, and a short sale was never requested. Leave on your terms, gain some control over the situation, and have a dignified resolve to a stressful and uncomfortable situation. Visit my Short Sale Information site at: http://portland-shortsale.com, then ask for help by sending me a request to see if you qualify.

I invite you to visit or FAQ section for immediate answers to some of your pressing questions.

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This little gem is located in Milwaukie OR and is listed at a cool $104,900. You’ve gotta love the VA Vendee financing which offers 5% down payment to investors, and a 75% credit on the estimated rent towards qualifing, WOW!

A Cap Rate of 7.28% and a Cash on Cash return of 16.36%. Bonds and CD’s have averaged a return of 4.6% and 3.32% historically, and in 2009 that return was averaging 3.26% and 0.87% respectively. How much are you getting from your investments not 16.26% I suspect.

To take a look at this investment please click here and you will be directed to the specific investment data covering this deal of the week. Here’s what you’ll get:

• Immediate Access to the Deal of the Week!
• Investment detail so you can fall in love with the deal not the house!
• All available property photos
• All available property details!
• Property Address
• Access to ALL Deals of the Week automatically

Some other immediate information you may be interested in that I offer FREE of charge and with no obligation:

• All Area Home Search all homes on the market 
• Foreclosures, Bank Owned, and Short Sales. Available and ready now for you to view
• Properties going up for Foreclosure Auction, and a list of Last Weeks Foreclosure Auction Results
• No someone in need of Avoiding Foreclosure, send them here for up to date and valuable information!

If there is anything I can do to help you, please send me an e-mail, or give me a call.

Brought to you by: James White, Principal Broker | Liberty First Realty, LLC | 503) 278-5334 | james@libertyfirstrealty.com

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Click here for this weeks Auction List 

Click here for last weeks Auction Results

I’ve added a new feature that will allow you to request detailed foreclosure and property data on any of the properties in the report that interest you. This way you can view the loans on each property, the trustee information, notice dates and data plus much more.  Additionally, once you’ve signed up for the information, I’ll send you an e-mail letting you know when the data has been updated. That let’s you get to the data without signing up everytime.

Brought to you by James White | Liberty First realty, LLC | 503-278-5334

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The big story here is two fold. First, the inventory is really declining and is at 6 months. This is the lowest it’s been since July 2007 and I’m seeing the direct result as I show buyers properties. There just is not as much property on the market right now. Second is the average selling price declines. I tend to look at the year over year information rather than compare just May to June, however in this case lower inventory will have a positive impact on equity gains if the inventory remains low.

Neighborhood

Portland Metro saw the average price decline 7.4% from June 2010 to June 2011. One needs to look at the local areas on page 2 of the report to see the decline from area to area. The worst hit areas were Mt. Hood and Columbia County with a 13% and 11.4% respectively. More close to home the worst hit areas we’re Hillsboro/Forest Grove with 10.7%, Oregon City/Canby with 10.2% followed by Lake Oswego/West Linn at 10.1%. All serious price declines.

The areas with the smallest price declines we’re West Portland at 0.7%, NE Portland with 2.4% and NW Washington County at 3.1%. No areas within Portland Metro had any price gains during the reporting period of June 2010 to 2011.

Positive news now and in the future

Two positive items to note; one is the Median sales price has been increasing from January – June of this year! Let’s keep that up. The other is we our under the price trend line from 2001-2011. That means Real Estate is on Sale. The graph on page 5 clearly show this and looking back it’s clear to see the bubble of 2007. Prices will continue to adjust upward over the long term and eventually the Real Estate Sale will end. Can I predict the end of the sale? No way to be certain, but based on the information I read and follow closely, I would say locally in Portland metro, upward trends will be the norm within a year and a half. Don’t expect large increases, but I believe 2%-3% appreciation will be the new norm.

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The Tour Properties

1. 22655 SW Norton St., Sherwood OR 97140 – 1058 square feet – 3 bedroom 1 1/2 bath – $162,000
2. 16346 SW Willow Dr., Sherwood OR 97140 – 1430 square feet – 3 bedroom 2 bath – $209,900
3. 23446 SW Sherk Pl., Sherwood OR 97140- 1792 square feet – 3 bedroom 2 1/2 bath – $214,900

To see all of the remaining videos including the “Investor Only” and MLS data CLICK HERE.

Brought to you by:

James White | Liberty First Realty, LLC | 10620 SW Lucas Dr. Tualatin OR 97062 | 503-278-5334 | Equal Housing Opportunity

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Click here for this weeks Auction List 

Click here for last weeks Auction Results

Brought to you by James White | Liberty First realty, LLC | 503-278-5334

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The Tour Properties

1. 22311 SW Dewey Dr., Sherwood OR 97140 – 2339 square feet – 3 bedroom 3 bath – $249,500
2. 21214 SW Silo Terrace, Sherwood OR 97140 – 1812 square feet – 3 bedroom 2 1/2 bath – $204,900
3. 9455 SW Mountain View Ln, Tigard OR 97224 – 1497 square feet – 3 bedroom 2 bath – $253,980
4. 7040 SW Baylor St., Tigard OR 97223 – 2130 square feet – 4 bedroom 2 bath – .44 acre $219,900

To see all of the remaining videos including the “Investor Only” and MLS data CLICK HERE.

Brought to you by:

 James White | Liberty First Realty, LLC | 10620 SW Lucas Dr. Tualatin OR 97062 | 503-278-5334 | Equal Housing Opportunity

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Click here for this weeks Auction List 

Click here for last weeks Auction Results

Brought to you by James White | Liberty First realty, LLC | 503-278-5334

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Soon you will be able to find a home in the neighborhood you want surrounded by the services that are important to you! The example below shows just how powerful this can be! In this example I’ve asked to see: 

• 3 bedroom 2+ bath homes priced between $200,000 – $300,000 in Beaverton, nothing new right? Just Wait …. 
• I’ve also asked for elementary schools within a 1/2 mile, Shopping within a 1/2 mile and daycare within 1/4 mile. I get, the perfect location for my family.

If you simply must be within a specific radius to any address, business, medical doctor, or coffee shop you can easily drill down that far. There’s nothing else like this, I’m excited about it and I look forward to bringing this powerful search to you soon.

Stay tuned, and if you want me to notify you when this is live and ready shoot me an e-mail. I’ll be sure you’re one of the first to try it out!

James J White, Principal Broker, SFR, CIAS |Liberty First Realty, LLC 

Direct 503-278-5334 ext 101 | Fax 503-278-5340

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Brought to yo by James White | Liberty First Realty, LLC | Equal Housing Opportunity

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