About Jackson County, OR

Lets talk about foreclosures. Also knows as Bank Owned, an d REO(Real Estate Owned) sales.

I tell clients that are purchasing foreclosures that it is more tricky than a conventional sale, but it can be financially worth it, so many people push through some of the unique challenges in foreclosures to enable an attractive purchase.

You absolutely must be preapproved to write an offer on a bank owned foreclosure. If you are paying cash, the bank will require proof of funds before they will even review the offer. It is incredibly important that you are working with a capable and knowledgable lender. I cannot stress how crucial your lender is in getting your sale closed.

Some banks require that a home be on a market for 2-3 days before they will review offers. They do this because it allows for more competition, but it also minimizes the risk of the listing agent selling the home before it goes through MLS. This allows for buyers to work with the Realtor of their choice!

Listen to your Realtor. If you are not sure your Realtor is qualified to give you solid advice, work with a different Realtor! This is a huge investment. A good Realtor can not only help you determine a good value, but they can help you determine your best sales type, your best location for purchase, and prepare you for bank requirements so you are in the best position to get your offers accepted.

Be prepared to handle the small stuff. If you want a bank to make repairs for you, your going to have limited success. If something may hinder the home from being financed, the bank may consider making the necessary repairs. Your Lender and Realtor can help you figure out if a home will work with a particular financing type. This will save you time, heartache, and money!

Your Realtor can also provide a list of foreclosure homes that are active on the market. Our MLS does not make the fact that a home is a foreclosure public knowledge. However, we have additional functionality to search only bank owned homes. http://www.landlinerealestate.com/REOs__Short_Sales/page_2128927.html

The link above will take you to the free list of foreclosures on my site. This report includes both Jackson and Josephine County foreclosures.

If you want to buy a foreclosure, it is imperative that your Realtor pay full time attention to the market. They need to be watching the MLS for you, so when your perfect purchase hits the market, you know about it quickly!

If you have questions about buying foreclosures, we are happy to help.

South Medford High School Construction

Today I listed a Medford Oregon home, just a couple blocks from the new South Medford High School that is currently under construction. I was excited to see the ongoing construction as it appears that the entire school is almost fully enclosed. The new school, with 255,000 sq. ft., will replace the current school that was built in 1931. The new high school is scheduled for completion in August of 2010.

H1N1: Information is the Best Defense!

Despite predictions from researchers at Purdue University that the H1N1 outbreak will peak this week, the reality is that it won't be going away any time soon. Let's not forget that the news is filled with shortages of the vaccine, as the number of H1N1 cases continues to surge across the country. Federal officials have warned that a second, larger outbreak could occur in early January.

The reality is that the best way to stop the spread of H1N1 is to know the symptoms and to take steps to protect yourself and others from it. The following information can help.

What are the symptoms of H1N1... and how are they different from the common cold?

If you think you have the H1N1 flu, you should take a few common sense steps to protect your friends, family members, and coworkers. For instance, if you feel sick, stay home until you feel better and have gone at least 24 hours without relying on medicine to break your fever.

In addition, wash your hands, linens, dishes, and so on, thoroughly. Cover your mouth and nose with a tissue when you cough or sneeze, and then throw the tissue away immediately. Finally, if you have to share a small space with other people, consider wearing a facemask to help make sure you don't spread the flu to the people around you.

Follow these steps and monitor your symptoms to help stop the spread of H1N1... remain happy & healthy!

A Victorian beauty, heart of Ashland
Type: Single Family Home
Location: 678 Siskiyou Blvd, Ashland, OR 97520
Bedrooms: 5, Bathrooms: 3 full, 0 half, 0 three-quarter bath
Price: $312,500
Description: A Victorian beauty in the heart of Ashland. Close to downtown, shopping, SOU and parks. Open kitchen with granite countertops and stainless steel appliances. Large master suite with jetted tub. Alley access with lots of parking.


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



678 Siskiyou Blvd (google map) (yahoo map)

Quality Home in a Quiet Neighborhood
Type: Single Family Home
Location: 1325 Circlewood Drive, Central Point, OR 97502
Bedrooms: 3, Bathrooms: 2 full, 0 half, 0 three-quarter bath
Price: $180,000
Description: Quality home in a quiet neighborhood. Enjoy your own private get-a-way in the city. Open floorplan with vaulted ceilings in the living room. Formal dining room and a breakfast nook. Spacious halls and bedrooms. Large master suite with walk-in closet. Lots of windows throughout. Amazing backyard with covered patio and lush gardens.


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



1325 Circlewood Drive (google map) (yahoo map)