Portland Foreclosures: REO Properties

Portland Foreclosures

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Portland Short Sales

69 Listings found with the following criteria:

Bank owned yn eq: Yes
Order: created_at DESC

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$949,900: 3,200 ft²; 15430 NW DELIA ST Portland, OR 97229; Virtual Tour; 4 Bed; 3.1 Bath
$375,000: 1,672 ft²; 25482 E CEDAR GLEN LOOP Welches, OR 97067; 3 Bed; 2.0 Bath
$499,000: 2,724 ft²; 3003 SE 58TH AVE Portland, OR 97206; Virtual Tour; 4 Bed; 3.0 Bath
$215,000: 678 ft²; 1367 NW RIVERVIEW AVE Gresham, OR 97030; 1 Bed; 2.0 Bath
$225,000: 1,004 ft²; 2330 SE BROOKWOOD AVE 111 Hillsboro, OR 97123; 3 Bed; 1.1 Bath
$649,900: 3,412 ft²; 12174 SW QUAIL CREEK LN Portland, OR 97223; 6 Bed; 3.0 Bath
$449,900: 0 ft²; 2310 N VANCOUVER AVE Portland, OR 97227; Virtual Tour
$345,000: 1,149 ft²; 13964 S GRAVES RD Mulino, OR 97042; 3 Bed; 1.0 Bath
$200,000: 1,806 ft²; 2 Bed; 2.0 Bath
$350,000: 2,716 ft²; 15016 NE KLICKITAT ST Portland, OR 97230; 3 Bed; 1.1 Bath
$367,500: 2,198 ft²; 4721 SE 87TH AVE Portland, OR 97266; 4 Bed; 2.0 Bath
$974,000: 4 units; 6097 SW VALLEY AVE Beaverton, OR 97008; Unit 1:4 Bed2.0 Bath$2,195/mo; Unit 2:2 Bed2.0 Bath$1,499/mo; Unit 3:2 Bed2.0 Bath$1,499/mo; Unit 4:2 Bed1.0 Bath$1,299/mo
$439,600: 1,207 ft²; 4535 NE CLEVELAND AVE Portland, OR 97211; 3 Bed; 1.0 Bath
$165,000: 698 ft²; 431 NE ALDER ST Yachats, OR 97498; 2 Bed; 1.0 Bath
$379,900: 1,333 ft²; 4840 SE 86TH AVE Portland, OR 97266; 2 Bed; 1.0 Bath

69 Listings found with the following criteria:

Bank owned yn eq: Yes
Order: created_at DESC

Portland Foreclosures

Foreclosures are becoming more frequent in Portland. Higher interest rates, higher inventory, lower appreciation, and in some cases depreciation make it harder for homeowners to sell their properties at a price that will cover the cost of their mortage. These issues can lead to foreclosure.

A foreclosed property may offer an excellent value to the buyer. A REO agent can help you buy or sell a home that has been foreclosed.

The foreclosure is a event on the courthouse steps. Anyone can attend a foreclosure auction, but in order to bid, you must have the cash on hand.

Short sales are pre-foreclosure properties. A short sale occurs when a homeowner sells his or her house for less than what is owed on the property and the bank approves the sale and takes the loss. This page focuses on pre-foreclosure properties .

The best deals are the houses that are sold at the foreclosure auction, then come bank owned properties and short sales and then normal retail sales.

If you are interested in buying or selling REO Properties, Foreclosures or Short Sales, please give me a call at 503-810-2219.

Thank you,

Brian Porter
Broker, Opt Real Estate

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