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Jared Hokanson - Realtor Medford Oregon

Fantastic Value, close to everything!

$48000 / 2br - Fantastic Value, close to everything! (East Medford) (map)


Fantastic Value, close to everything!
Type: Co-op
Location: 737 Stevens St. #206, Medford, OR 97504
Bedrooms: 2, Bathrooms: 1 full, 0 half, 0 three-quarter bath
Price: $48,000
Description: Fantastic Value, close to everything! You will love all the amenities this home has to offer, from its immaculate grounds to the gated, in ground pool. The community is a 55+ CO-OP, Perfect for the person looking to reduce their monthly housing expense. Minimal monthly fees include: water, sewer, garbage, taxes, and laundry facilites. Open floor plan. Covered private patio and covered parking included. Come look!


Visit www.TopSouthernOregonAgent.com for more information.

Contact Information:
Jared Hokanson
RE/MAX Realty Group
2594 East Barnett, Suite B
Medford, OR 97504
Phone: 541-772-7653
Fax: 541-734-5559
Email: Jared@TopSouthernOregonAgent.com

Medford Oregon Deed in Lieu of Foreclosure or Short Sale - Which is Better?

Medford Oregon Deed in Lieu of Foreclosure or Short Sale - Which is Better?

Don't do a deed in lieu of foreclosure in Southern Oregon I have told many clients. Don't do it! What is a deed in lieu of foreclosure in Medford? A homeowner who can no longer can afford their home, with the banks blessing, signs over their home back to bank so that the bank now owns the home, that in todays market is often very upside down between what was owed and what it is currently worth. Sounds simple, right? Its not.

When the homeowner signs over their house in the "deed in lieu" in Southern Oregon, the homeowner no longer owns the home, the bank now owns the house. The only rights the previous homeowner now has, are whatever the bank gave the homeowner when they signed the deed in lieu. Often times the bank will reserve the right to foreclose, get a deficiency, and still ruin the previous homeowners credit. That's right, the homeowner, thinking that the bank was offering a truce, can come back and sock it to the homeowner, and they often do.

The other challenge is, if the homeowner has a 2nd mortgage, a deed in lieu is virtually impossible. Even if the 2nd mortgage is with the same lender, the 2nd mortgage will often reserve the right to pursue a deficiency, and if the homeowner has already signed their house over to the lender, there is nothing the homeowner can do about it.

And get this, Fannie Mae considers a "deed in lieu" the SAME as a foreclosure on your credit when it comes time for you to get a loan with them in the future.

It may be tempting and sound like an easy way out, but don't do it. Why? You lose control of YOUR house.

That is why so many of my clients who are upside down in their homes choose to do a short sale in Medford Oregon. The homeowner remains in control of the property rather than the lender. You heard that right, in a short sale in Southern Oregon, at least when a realtor that has a lot of experience with short sales, the homeowner remains in control throughout the short sale process. The homeowner gets the final say as to whether EVERYTHING in the short sale approval from their lender works for them. Nearly every client I have represented has had NO deficiency, that's right, no money owed to their lender, ZERO, ZIP, NADA.

Not only that, with a short sale, Fannie Mae will allow you to get a loan with them in just two short years after the short sale has closed.

If you would like to discuss your options of a short sale in Medford Oregon feel free to give me a call at 541-772-SOLD (7653) for a free consultation and honest informed advice on your options.

Call or email Jared Hokanson at 541-772-SOLD (7653) or jared@jaredhokanson.com if you want your home SOLD in Southern Oregon - Ashland, Phoenix, Talent, Medford, Central Point, White City, Eagle Point, Gold Hill, & Grants Pass.

The opinions expressed on this blog are my own. As in all real estate transactions and financial decisions, I recommend that all of my clients consult the appropriate legal and financial professional advisors.

Like New Home with RV Parking!

Like new home in a quiet neighborhood.
Type: Single Family Home
Location: 317 Jeanette Street, Medford, OR 97501
Bedrooms: 3, Bathrooms: 2 full, 0 half, 0 three-quarter bath
Price: $159,000
Description: Like new home in a quiet neighborhood. You'll love the open floor plan with living room, kitchen and dining room all in one great room. Master suite with vaulted ceiling, ceiling fan and door to backyard patio. Low maintenance front yard. Alley access to backyard that even has RV parking pavers put in under grass.

Call or email Jared Hokanson at 541-772-SOLD (7653) or Jared@TopSouthernOregonAgent.com if you want your home SOLD in Southern Oregon - Ashland, Phoenix, Talent, Medford, Central Point, White City, Eagle Point, Gold Hill, & Grants Pass.




Visit www.TopSouthernOregonAgent.com for more information.

Contact Information:
Jared Hokanson
RE/MAX Realty Group
2594 East Barnett, Suite B
Medford, OR 97504
Phone: 541-772-7653
Fax: 541-734-5559
Email: Jared@TopSouthernOregonAgent.com



317 Jeanette Street (google map) (yahoo map)

Your Realtor Live on the Radio - Foreclosures & Short Sales!

REO's, Short Sales & Foreclosures! I will be live on the radio taking calls from 10:00 a.m. until 11:00 a.m. this Saturday July 25th, 2009 on 1440 AM, KMED. It will be re-broadcast at 3:00 p.m. I will be answering your questions about short sales and bank owned homes in Southern Oregon. If you have questions you would like to ask, feel free to email me prior to the show at: jared@topsouthernoregonagent.com

Call or email Jared Hokanson at 541-772-SOLD (7653) or Jared@TopSouthernOregonAgent.com if you want your home SOLD in Southern Oregon - Ashland, Phoenix, Talent, Medford, Central Point, White City, Eagle Point, Gold Hill, & Grants Pass.

On A Quiet Dead End Street In East Medford

$184900 / 3br - A Rare Find... (Medford) (map)


Reply to: 541772Sold@Gmail.com [Errors when replying to ads?]
Date: 2009-06-30, 4:34PM PDT


A Rare Find...
Type: Single Family Home
Location: 3277 Springbrook Road, Medford, OR 97504
Bedrooms: 3, Bathrooms: 2 full, 0 half, 0 three-quarter bath
Price: $184,900
Description: Don't let the street name fool you - this is on a quiet dead-end street, north of Delta Waters. Excellent curb appeal outside and attention to detail inside. You'll love the open kitchen, dining and living room with vaulted ceilings. Kitchen has newer granite countertops and laminate flooring. Huge deck and backyard. Large RV parking and lots of extra parking.

Call or email Jared Hokanson at 541-772-SOLD (7653) or Jared@TopSouthernOregonAgent.com if you want your home SOLD in Southern Oregon - Ashland, Phoenix, Talent, Medford, Central Point, White City, Eagle Point, Gold Hill, & Grants Pass.


Visit www.TopSouthernOregonAgent.com for more information.

Contact Information:
Jared Hokanson
RE/MAX Realty Group
2594 East Barnett, Suite B
Medford, OR 97504
Phone: 541-772-7653
Fax: 541-734-5559
Email: Jared@TopSouthernOregonAgent.com



3277 Springbrook Road (google map) (yahoo map)