Bend Oregon Foreclosures

Posted by Sedonia Darling on Monday, January 21st, 2013 at 12:29pm.

Bend Foreclosure Deals

Although foreclosures aren't dominating our Bend real estate market like they used to, there are still opportunities to score a bank owned home in Bend.  Currently there are only 16 on the market, but they sell really quick.  There are currently 19 REO's pending sale, (REO means Real Estate Owned by the bank, and is another term for foreclosure).  We're starting to see more REO activity, and I think we'll see more listings hitting the market throughout the next few months.  I don't think it's going to be the big surplus that some have talked about, and the foreclosures shouldn't have a big impact on our overall market prices. 

Even thought it's a foreclosure, it doesn't mean it's a good deal.  Some of the banks have put listings on the market for above market price.  While most are good deals, you still need to have your agent run comparable sales for you and make sure that you're not paying too much.  If you're not in a big hurry, sometimes you can get a better deal on a short sale.

The bank owned homes that are priced good usually sell within days of hitting the market.  If you're in the market for a deal, visit my foreclosure listing update page and sign up to receive new bank owned homes matching your needs.  You'll be e-mailed new listings immediately, as they hit the market. You don't want to miss out on a deal.

View a few of the bank owned homes below, visit my Bend foreclosure homes page to view all of the homes currently available.

Bend Foreclosure Listings 

3 Properties Found. Page 1 of 1.
Photo of Listing #220106972
New Listing

18920 River Woods Drive, Bend

$316,000 - 2 Beds, 1 Baths, 1,056 Sf

MLS® # 220106972

RealHome Services & SolutionsCentral Oregon Association of Realtors Logo
Photo of Listing #220106853
New Listing

10815 Se Prairie Schooner Road, Prineville

$299,900 - 2 Beds, 3 Baths, 2,076 Sf

MLS® # 220106853

Bend Dreams Realty LLCCentral Oregon Association of Realtors Logo
Photo of Listing #201910060

3435 Sw Columbia Drive, Madras

$299,900 - 3 Beds, 2 Baths, 2,144 Sf

MLS® # 201910060

Bend Real Estate, LLCCentral Oregon Association of Realtors Logo




Written by Sedonia Darling

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Berkshire Hathaway | The Darling Real Estate Group
404 SW Columbia St #110 | Bend, OR 97702
(541) 541-749-0509 

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2 Responses to "Bend Oregon Foreclosures"

tahoe real estate guy wrote: We are seeing the same thing up here in Tahoe if there is a median priced house its getting multiple offer and selling very quickly. good post! keep up the good work

-Daytona Posted on Tuesday, January 29th, 2013 at 2:17pm.
Rich Cederberg wrote: Great points about foreclosures Dylan, they are not all priced to sell. Buyers still need agents to pull comps for them.

And you know what? Sometimes there are even better deals out there that get missed when consumers are focused on them. Posted on Tuesday, March 19th, 2013 at 7:01pm.

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