Joe Yates

The Times They Are A Changin....

Jackson County Oregon- That empty house that you saw down the street for a year or so with the weeds growing is no longer "off the radar"! It has either already been SOLD or it has a Realtor sign in the yard and it is for sale.

The neighbor who hasn't paid his mortgage in a year and half and seems to have been given a "free pass" by his lender is no longer "off the radar"! When his next foreclosure sale date arrives it will not be postponed this time.

Fewer and fewer eyesores and the foreclosure process being completed more often, means that we are in the middle of the Real Estate correction.

With a year over year inventory reduction of 22.8% and over 30% in a few areas of Jackson County it is no wonder that the home buying activity has increased significantly.

Inventory going down means that homes are selling.... and selling fast.

Homes selling, means that people are hearing the stories of the first time home buyers excited about the great place they got and how they are paying less per month than when they were renting!

Homes selling, means that people are hearing the stories of the person that turned their primary residence into a rental and bought the house they never dreamed that they could have owned 5 years ago (and now at a reasonable price).

Homes selling, means that people are hearing the stories of the investors picking up properties that are easily penciling with a great positive cash flow and then on to look for the next one.

If you hear a Realtor or Mortgage person in Jackson County preaching gloom and doom....RUN!!

You have just encountered a novice or a dinosaur.

(Do not judge for yourself as to which they are, let them tell you...it's more fun)

The Market is GREAT, the Prices are GREAT, the Interest Rates are HISTORIC!!

The Opportunity is here!!

Make it a GREAT 2012!!

Joe Yates

Real Estate Broker

The Atlas Group

Medford, Oregon

541-944-9700

JoeYates@TAGBrokers.com

MedfordOregonAgent.com

https://twitter.com/#!/PlatinumBroker

As much as we hear that short sales can be difficult and they try your patience, they sure can be a huge help to a seller in need of $3,000 moving Assistance. Time after time we are getting seller's approved and we are having alot of good luck with the HAFA program.

The benefits of short sale versus foreclosure are obvious and well documented but some homeowners are still not fully aware of this. While it is true that a short sale will typically have a less negative impact on your credit than a foreclosure and they also can make the possibility of a deficiancy judgement from a second mortgage go away, it seems to be the $3,000 Relocation Assistance that sellers find most helpful.

The banks don't approve this for everyone and sometimes those that seem to deserve it may not qualify for it, but it does not take away from the fact that it is an awful lot of fun to deliver the good news when you get them approved and closed with the $3,000!

Make sure that you encourage sellers to look at all of their options and even though it may be a bit more work for you and your team, take the time to run them through the HAFA Program. It is worth it....for them.

Good luck out there,

Joe Yates

Real Estate Broker, The Atlas Group

Medford Oregon, 541-944-9700

Short Sales, REOs, Foreclosure

Chris Browne, Branch Manager and Jeff Case, Loan Originator from PremierWest Bank of Medford came in and gave us some great information about what PremierWest is doing to position themselves in the marketplace and also some tidbits about coming FHA changes.

PremierWest is taking a more aggresive approach at going after market share of residential mortgages than has been seen in a number of years. The recent higherings of long time medford mortgage professionals like Jeff Case is a good indication that they are looking to be solidly back as a player in the residential mortgage arena.

Chris and Jeff spoke about the overall energy at the bank and it is clear that their is confidence is groing with each new addition.

More specifically they are having good success originating and closing loans, which is what it is all about. PremierWest also takes a great deal of pride in being part of the community as well and that translates though to each of the employees.

As FHA and other guidelines continue to tighten or at least change on a regular basis it is always important to work with individuals who stay on top of their game.

Thanks much to both Chris and Jeff for coming in and sharing all their news with us.... exciting things to come I am sure.

Jeff Case can be reached for FHA and other home loans at 541-282-5339 or Jeff.Case@Premierwest.com.

Make it a great day,

Joe Yates

Real Estate Broker

The Atlas Group

Medford, Oregon

541-944-9700

WWW.MedfordOregonAgent.com

Medford Oregon Realtor for Foreclosures, Short Sales and avoiding Foreclosure and choosing the benefits of a Short Sale.

Great Home on the river in Shady Cove Oregon-- 20551 HWY 62.

This Property is NOT a Short Sale or Foreclosure!!

140 Feet of perfect river frontage! Come relax on the river like you always imagined!!

Now priced at $320,000!!

YES---3 Bedroom 2 1/2 bath home on the river for $320,000!!! Now is your chance!

Joe Yates

The Atlas Group

Medford, Oregon Real Estate

541-944-9700

www.TAGBrokers.com

www.MedfordOregonAgent.com

http://twitter.com/#!/PlatinumBroker

Medford Oregon and Southern Oregon, Short Sales, Foreclosures / REO, Distressed property specialists

This Medford Oregon Short Sale is a great property with a BEAUTIFULLY remodled kitchen!!

3 bedroom 2 bath, 1,760 sq ft home on .39 of an acre. Real fireplace in the sunken family room. His and hers closets in the master bedroom. 2 Year AHS Home Warranty!

Great decks in both front and back of the home...and a WONDERFUL view!!

$199,000!!!!

Short Sales are getting easier so don't let this opportunity pass you by.

Take advantage of the opportunity to get a gret home in an established East Medford Area!!

Call or email today...

Joe Yates

Real Estate Broker

The Atlas Group

2240 Tower East -Suite 100

Medfod, Oregon 97504

541-944-9700

WWW.MedfordOregonAgent.com

WWW.TAGBrokers.com

Souther Oregon- Short Sales, REO / Foreclosure, Distressed property Specialists