Oregon doesn't allow deficiencies unless the foreclosure is judicial, which I have only seen happen on comercial deals or unfinished residential construction homes.The Oregon short sale addendum is a funny one, but if you read it close enough, it simply says the bank "MAY" wait for multiple offers.

The house is a new construction that is not finished.

They were speculators betting the price of housing would continue to appreciate, and they would make money when they sold.

You bet, Josh.

Your best bet once you have the traffic and the stats to back it up is to find direct advertising from companies in that niche.

You can bet the feds won't keep anything they buy like this.

I'll bet his opinion changes when it's his money on the line.

The direct subway stations areas haven"t changed much but the city has put forward a plan to stimulate construction of some 900 units at one of the stations, and the other one has about 700 units wich will be developped next yearNow the city is starting to build a new City of Knowledge" wich is basically going to be University campuses and Education facilities for a few blocks, and all that is beeing built about 500 meters from my building.

That's your security.If I am lending someone money for a property, you bet there's a deed of trust.

My name is Ahmad and I'm a commercial mortgage broker in Florida specializing in multi family, construction, land, and hard money loans.