Bend Oregon Real Estate is rich in artwork, fine dining, and extraordinary outlet stores. Take it easy in Drake Park and discover music at no cost.
The surrounding Bend Oregon areas offer renowned biking, hiking, fly fishing, rowing, rock climbing, rafting, and golf. There is definitely an endless schedule of summer get-togethers, concerts, and entertainment, making this an absolute summer paradise for people of all ages.
If you are lucky enough to buy real estate in Bend, you will enjoy downhill skiing and snowboarding at Mt. Bachelor Ski Resort, as well as Nordic skiing on over seventy slopes including snowshoeing, sledding, horse-drawn sleigh rides and dog sleds. and anything else you can imagine. There are really many good reasons why well-known Warren Miller Entertainment decided to feature Bend Oregon on their 08 Worldwide Film Tour.
In reality, Bend is believed to be Oregon’s playing field. Located in spacious central Oregon, along the sunny side of the Cascade Mountains, Bend Oregon is truly the perfect place to live and enjoy life. General public areas are found around the Bend perimeter, making it a portal for high desert and alpine activities. Numerous winter activities, hiking, mountain biking, intense rock climbing, family camping, multiple water sports, horseback riding, hunting and trophy fly fishing are at your fingertips.
A couple of years ago, Bend Oregon was without a doubt the fastest growing real estate market in the United States, because desirability relative to its own characteristics coupled with an energetic lifestyle made it so. And then this national economic disaster plunged prices and Bend suffered a lot like the rest of the country. Bend Oregon Real Estate is now considered one of the best buys in the entire United States. The local Bend newspaper says it may very well be the perfect storm scenario for people looking to buy, creating incredible opportunities in the foreclosure and short sale arena.
If, in general, you don’t know exactly what a short sale is, it could quickly be called the sale of any residence in which the outstanding balance of the mortgage is higher than the existing market price of the house or land. Instead of the owner being forced to provide cash at the closing of the final sale, the particular real estate agent comes to terms with the owners’ lenders in the hope that they will be willing to take a loss on the sale. . This can greatly benefit the seller by eliminating your debt, saving your credit reputation, and giving you peace of mind.
This process is time consuming, however the real benefits to the homeowner are worth waiting for.
The buyer benefits from the distressed price paid at the time of sale, and even the lender may benefit because the loss in the sale amount will generally be significantly less compared to a loss from foreclosure.
But don’t wait too long to make a decision. The Schiller Index (July 13, 2011) predicts that Bend will be the second best housing market for the next five years.