Start your search for Commercial Real Estate in Portland by looking at Foreclosures and Bank Owned Properties. Distressed Real Estate offers many advantages for the savy buyer. Even Commercial Real Estate has been affected by the foreclosure crisis here in Portland. We team up with a variety Commercial Realtors to provide buyers superior service and great investment opportunities.

How to find Bank Owned listings for FREE

• Search FREE on PortlandHomeAuction.com
• Sign Up for: AUCTION ALERT
• Send a message on the “Contact Me” form

Advantages of Buying Bank Owned Commercial Real Estate

• All liens against the property are removed once it becomes an REO, and taxes are paid.
• Unlike properties at foreclosure auction, REOs can be inspected prior to contract, and are listed with real estate agents.
• While many foreclosures are often in deplorable condition, REOs are typically restored to at least a readily salable condition by the lending bank.
• The bank or lender that owns the property will often provide an allowance for certain repairs.
• REO properties are usually listed on your local RMLS (multiple listing service), or can be located by going directly to the SEARCH listings page.

Read More

Please let me know if you have any other questions about buying Bank Owned Commercial Real Estate in Portland. Thank You for taking the time to read my blog. Good Luck!

Cheers,

Aaron Majors – Broker

About the Author | Aaron Majors

• Author's website: http://www.PortlandHomeAuction.com
• More posts by Aaron Majors
• email the author

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.