West Linn, Lake Oswego and Portland Real Estate

Just like a traditional or equity real estate transaction, a West Linn real estate buyer will make an offer to the seller. And as it is in a traditional sale, the seller may not entertain an offer unless it is written, has earnest monies and pre approval letters included. The seller then accepts, counters or rejects [...]

You may have heard the term “short sale” and maybe even wondered what kind of opportunities these types of transactions offer in the West Linn real estate market. Here is a quick rundown of the short sale process.  Let’s start with the  definition of a short sale. A short sale is also called “Short Pay” or [...]

It is very uncommon for the bank to agree up front to accept a short sale, so nobody knows for certain — buyer’s agent, listing agent nor the seller — if a short sale offer will be accepted or rejected by the bank. Even though the West Linn real estate listing is advertised as a [...]

For many distressed sellers, a short sale could be their only path to avoiding foreclosure.   With all of the steps paperwork and waiting involved a short sale can feel like a very difficult path to take.  Talk to a Realtor who has some experience with the entire short sale process to see if the process is right [...]