Search Portland for Foreclosed Condos

Start your search for condos in Portland here. CLICK the image to begin. Look at bank owned homes and condos 1st. Then check out condo foreclosures. Portland is saturated with condos. Many of them distressed. Remember the Atwater Auction last September? Well they auctioned off 40 luxury condos, but that wasn’t the end of the condo crisis here in town. I was doing some research in the South Waterfront and found over 120 condos just in that area. Looking for a condo in the John Ross or Atwater Place? You would be surprised of the inventory that are bank owned or in foreclosure.

The South Waterfront is located in SW Portland and competes with the desirable Pearl District. Some of the surrounding neighborhoods are: Arlington Heights, Downtown, Goose Hollow, Nobb Hill, NW Industrial, SW Hills, The Pearl, Westover, and Willamette Heights.

FREE Foreclosure List – Sign Up for AUCTION ALERT

Click on the image to the left to sign up for AUCTION ALERT. Just tell us what area and what price range you are in and you will the foreclosure and bank owned lists. You can search all Portland Condos. Foreclosure Listings, MLS Homes, Bank Owned Homes, REO homes, and all other Real Estate for sale in Portland here.

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My Thoughts

I feel that distressed properties are in nearly every part of Portland and a great way to begin your search for a new home. This isn’t the kind of place that you find a home for $3,000 like on the TV commercials. However you can find homes below market in almost every price range. For example if you were pre-approved up $250,000 then there is a very good chance that you can get a home that would retail between $290,000 – $315,000+. I’ve seen people pass on an amazing deal to wait for a better one and guess what? That deal never came a long. My point is that all Real Estate Markets are different and in Portland we have a higher price point than some cities (even so we are not the highest). If you find a home that is a great match.. Make a reasonable offer. Especially if the home is under “this” market’s value. Thank you for taking the time to read my Blog and please feel free to email me if you have any questions.

Cheers,

Aaron Majors

About the Author | Aaron Majors

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Born and raised in Alaska, Aaron came to Portland after serving in the U.S. Marine Corps. Aaron enjoys the outdoors, volunteering, teaching, learning, and being active in the community. Always loving architecture and buildings, it seemed natural that Aaron's passion became Real Estate. He is a member of the Portland Metropolitan Association of Realtors, National Association of Realtors and is always continuing his Real Estate education. He sells Real Estate in the Portland metro area and specializes in selling Homes and has an extensive background in foreclosures, Home Auctions, Short Sales, Bank Owned homes, and investments.