$1,790,000


6,000 Sq. Ft.   Commercial

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Se Foster Rd
Portland, OR 97236

Status: Active
Listing ID: 56486968

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06/30/21
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $1,790,000. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
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Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Portland, OR
Home Inspectors

Associated Master Inspectors, LLC Inc
Jay Hensleigh
503-236-1812
Associated Master Inspectors LLC
Toby Deming
503-236-1812
Ideal Property Inspections, LLC
Roland G. Zapata
971-219-0759
HouseGeek Home Inspection
Jeffrey Strang
5037529494
House Detective
Karen Krieger
509-713-0086
foreclosure.com

Se Foster Rd
Portland, OR 97236

6,000 sq. ft.   Commercial

$1,790,000

Status: Active Listing ID: 56486968

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Property Description

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