Free Foreclosure Buying Seminar
by Aaron on Nov 21, 2011
 |
When: Sunday, December 11, 2011 10am
Where: M Realty – 2211 NW Front Ave #101 – Portland, OR 97209
No Cost or Obligation!
This FREE foreclosure seminar will help you find and purchase your next home. Come see what all the buzz is about. Our local experts will help any home buyer with every aspect of the process.
You will learn:
- The difference between Foreclosures, Retail, Bank Owned, REO and short sales
- A fantastic way to search for your next property
- How to use technology for your home search
- How to qualify for a home mortgage loan and get pre-approved
- The advantages of owning vs. renting
- What is title insurance an how do you get it
- The importance of getting a home inspection
Can’t make the workshop?
If you don’t have time to attend the workshop but would like to meet one on one for a free buyer consult just call Portland Foreclosure Expert Aaron Majors at 503-332-9777.
Foreclosures For Sale:
Use the tabs below to see all active foreclosures for the neighborhoods shown:
Special Guests:
- Aaron Majors – Principal Broker at M Realty
- Diane Coler – SEO/AVP at Ticor Title Company
- Annie Gulosh – Mortage Advisor at Northwest Mortgage Advisors
You Will Learn:
- How to get the foreclosure lists
- How to get the lists of REPO homes
- How to Navigate PortlandHomeAuction.com
Aaron combines new technology and conventional strategies to help you find your next home.
Can I get an inspection?
What you need to know about buying a distressed property and getting a home inspection. Even properties sold AS-IS will most likely allow an inspection period. The bank may not allow repairs but you can use this inspection report for “informational purposes”. Hire an expert when buying a foreclosure. Many times I can negotiate a serious or lender required repair. Anything is negotiable! Always get an inspection. We use local and licensed home inspectors and have a referral if you need one.
How do I get pre approved?
Get Pre-Approved! We will have a local lending expert on site to walk you through the process of getting pre approved for a home loan. You will learn about different home loan programs and how to pick a loan that fits your needs perfectly.
Renting Vs. Owning
- Build equity — your wealth will increase as you gain more home equity
- Gain tax advantages — mortgage interest is tax deductible as per IRS code
- Stabilize your payments — monthly payments are relatively steady if your loan has a fixed interest rate, while your landlord can increase the rent
- Have a secure place for your family to live — a home provides a permanent place where your family can live and grow, and you can decorate or expand a house the way you like to create your dream home
- Gain a sense of community — homeowners often are more involved in the well-being of their communities; many homeowners work together for better schools and less crime
Definitions:
Foreclosures and Short Sales
For our home search process we will consider short sales and foreclosures the same thing. This is where a home owner is in foreclosure, usually still living in the home and currently on the market. This term is used very loosely in the Real Estate Industry and there are many interpretations. So you may find other definitions.
Retail Homes
For our purpose retail homes are normal, non distressed and conventional sales. Basically any home for sale that is not distressed.
Bank Owned and REO Homes
Bank owned homes and REO (Real Estate Owned) homes are homes that have been repossessed by a lender or an institution that has had interest in property at some point. Often REO homes and bank owned homes are the same thing.
About the Author | Aaron Majors
- Author's website: http://www.PortlandHomeAuction.com
- More posts by Aaron
- email the author
