About Medford's South West Medford

Southwest Medford Short Sales & Foreclosures

If you live in Southwest Medford and have been thinking about selling a home, or have thought about buying a home in Southwest Medford, foreclosures and short sales are a playing a key roll in what type of value your home will sell for, or how much you will spend on your new home.
To give you a feel for what the Southwest Medford home market is looking like as of the past 3 months ending April 30, 2010, 44.4% of the homes that sold that were "normal" sales, while the Southwest Medford foreclosures and short sales made up 55.6% of homes that sold. As you look at the difference in values between the "normal" sales and the "distressed" sales like foreclosures and short sales, its important to know what each of these means to you.
A "normal" sale is one where the seller has equity in their home and is not in a situation where if they don't sell the home will be taken from them by their creditors. Oftentimes after an inspection has been done by a professional inspector, if their are any needed repairs, they can be negotiated with the seller to make the needed repairs.
A short sale is often called a "pre-foreclosure" as well, which means that the person selling their home is asking their lender that loan them the money to "short" the amount that they are owed, or take less than the amount owed, in order to not have the property be taken by the bank in a foreclosure. These are usually sold in as is condition with no repairs being made by the sellers.
A foreclosure in Southern Oregon is when a homeowner did not make their payments for an extended period of time, often times the home will have some deferred maintenance as they did not have money to keep the house maintenance up. These are usually sold in as is condition.
If you are thinking about buying or selling a home in Southwest Medford be sure and consult with a local real estate professional that knows what is happening in todays market and knows how to help you adapt to the market to best take advantage of it.

A lot of home for the money!
Type: Single Family Home
Location: 1331 Brentcrest, Medford, OR 97501
Bedrooms: 3, Bathrooms: 1 full, 1 half, 0 three-quarter bath
Price: $124,900
Description:

Not a short sale! A lot of home for the money. In addition to the main home, there is a completely enclosed porch that runs the full length of the house plus an additional room with 480 sqft - perfect for a home office. Large great room with vaulted ceilings and split floor plan. Master suite with deluxe jetted tub. Several skylights. Don't miss the workshop in the back of the house! Garden boxes and lots of flowers adorn the exterior.

Visit www.TopSouthernOregonAgent.com for more information.

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



1331 Brentcrest (google map) (yahoo map)

Southwest Medford Short Sales & Foreclosures

If you live in Southwest Medford and have been thinking about selling a home, or have thought about buying a home in Southwest Medford, foreclosures and short sales are a playing a key roll in what type of value your home will sell for, or how much you will spend on your new home.

To give you a feel for what the Southwest Medford home market is looking like as of the past 3 months ending March 31, 2010, there were 50% of the homes that sold that were "normal" sales, while the Southwest Medford foreclosures and short sales made up 50% of homes that sold.

The median price of a "normal" home that sold in Southwest Medford was $180,000, while the median for foreclosures & short sales was $153,750 in Southwest Medford.

As you look at the difference in values between the "normal" sales and the "distressed" sales like foreclosures and short sales, its important to know what each of these means to you.

• A "normal" sale is one where the seller has equity in their home and is not in a situation where if they don't sell the home will be taken from them by their creditors. Oftentimes after an inspection has been done by a professional inspector, if their are any needed repairs, they can be negotiated with the seller to make the needed repairs.
• A short sale is often called a "pre-foreclosure" as well, which means that the person selling their home is asking their lender that loan them the money to "short" the amount that they are owed, or take less than the amount owed, in order to not have the property be taken by the bank in a foreclosure. These are usually sold in as is condition with no repairs being made by the sellers.
• A foreclosure in Southern Oregon is when a homeowner did not make their payments for an extended period of time, often times the home will have some deferred maintenance as they did not have money to keep the house maintenance up. These are usually sold in as is condition.

If you are thinking about buying or selling a home in Southwest Medford be sure and consult with a local real estate professional that knows what is happening in todays market and knows how to help you adapt to the market to best take advantage of it.

Southwest Medford Oregon Real Estate Update Jan 1 - Mar 31

When you are thinking about selling or buying a home in Southwest Medford Oregon, it is important to know what the price of other homes in the Southwest Medford Oregon Real Estate Market are priced at and selling for.

If you are interested in selling your Southwest Medford Oregon home for top dollar in the quickest amount of time, please contact me anytime at 541-772-SOLD (7653), or send me an email requesting further information.

For a complete list of homes for sale in the Southwest Medford Oregon real estate market, including Southwest Medford Oregon foreclosures, Southwest Medford Oregon Short Sales & Southwest Medford Oregon Luxury Homes, please call or email, to request your personal list or properties for sale.

South West Medford Short Sales & Foreclosures

If you live in South West Medford and have been thinking about selling a home, or have thought about buying a home in South West Medford, foreclosures and short sales are a playing a key roll in what type of value your home will sell for, or how much you will spend on your new home.

To give you a feel for what the South West Medford home market is looking like as of the past 3 months, there were 38.9% of homes that sold that were "normal" sales, while the South Medford foreclosures and short sales made up 61.1% of homes that sold.

The median price of a "normal" home that sold in South West Medford was $169,000, while the median for foreclosures in South West Medford was $159,000 and $160,600 for short sales.

As you look at the difference in values between the "normal" sales and the "distressed" sales like foreclosures and short sales, its important to know what each of these means to you.

• A "normal" sale is one where the seller has equity in their home and is not in a situation where if they don't sell the home will be taken from them by their creditors. Oftentimes after an inspection has been done by a professional inspector, if their are any needed repairs, they can be negotiated with the seller to make the needed repairs.
• A short sale is often called a "pre-foreclosure" as well, which means that the person selling their home is asking their lender that loan them the money to "short" the amount that they are owed, or take less than the amount owed, in order to not have the property be taken by the bank in a foreclosure. These are usually sold in as is condition with no repairs being made by the sellers.
• A foreclosure in Southern Oregon is when a homeowner did not make their payments for an extended period of time, often times the home will have some deferred maintenance as they did not have money to keep the house maintenance up. These are usually sold in as is condition.

If you are thinking about buying or selling a home in South West Medford be sure and consult with a local real estate professional that knows what is happening in todays market and knows how to help you adapt to the market to best take advantage of it.