ARCHIVED BLOG POSTS
2009
I just wanted to touch a little bit about the home auction program we are now offering. We are starting this to address the high inventory of homes in the Portland market. This isn't going to be one huge auction like the one Buena Vista Homes did. This is an aggressive tactic to help the home buy...
01/31/2009
HOMES NEEDED FOR LOCAL AUCTION!!! NEXT HOME AUCTION: FEBURARY 27, 2009! SIGN UP TODAY! www.PORTLANDhomeAUCTION.com Why consider a home auction? 1.) A fast "turnaround" time. An effective home auction should produce results very quickly. 2.) Vastly increase exposure. Qualified home buyers will...
01/29/2009
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HOME AUCTION BRINGS HOPE TO PORTLAND, OR Home owners and builders are coming up with new and creative ways to sell properties in Portland. Some builders have given away cars with the purchase of a home. Some sellers are simply dropping the price over and over. The Real Estate market in Portlan...
01/26/2009
ADVANTAGES OF SELLING YOUR HOME AT AUCTION STYLE The housing crisis has hit every state in the nation. The housing demand is down and supply is high. Homes are sitting on the market. Foreclosures are flooding neighborhoods. How can you compete? One option would be to auction the home. If effec...
01/26/2009
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HOME AUCTION VS FORECLOSURE One creative and new idea to the Portland market is home auctions... It seem like the only way to compete with surplus of foreclosures in Portland. I feel terrible for the home owners that were so responsible to keep up on their payments and then go to sell and only fi...
01/23/2009
Dear Friends and colleagues, I would like to announce the "Portland Home Auction" sponsored by the MNM Home Team (www.MNMhomeTEAM.com). I've got the website: www.PORTLANDhomeAUCTION.com (I just have to enter the text and art). The reason for this post is to share new ideas with other Realtors ...
01/22/2009
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This isn't really bad news though. A lot of people still have jobs and some are even investing in rentals... Everyone knows that the #1 rule of investing is to buy LOW... This is the time.. Foreclosures are the best Real Estate investment in my opinion... Instant equity.. That's what I'm talking ...
01/21/2009
At some point in time things are going to get better. The sun will rise and set. The "wagon wheel" will turn. I'm sick of hearing all this negative stuff.. War, recession, housing crisis... The fact of the matter is that at some point Realtors have to "adapt, improvise, and overcome". We shoul...
01/18/2009
#1 MORTGAGE FORECLOSURES When you get a loan for a home. In essence you are getting a contract with terms and conditions and collateral (usually the home). This establishes "security" for the lender. When a home owner doesn't make payments, then the home goes in the foreclosure process (a judicia...
01/17/2009
I just thought I would blog a little about the benefits of buying a foreclosure... Reason #1: Bargin buys... This is obvious.. Everyone knows you can get a home way under market value. From my expierence when buying foreclosures in Portland, the buyer usually attains the property for 20%-30%under...
01/17/2009