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What's going on at the burned out house on NE 18th?

10/2/2012

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by Suzanne Clark

Wondering what’s happening with the burned out house at 3954 NE 18th?  Well, here's the scoop.  In June, we listed the property for sale as a short sale. The short sale process typically takes several months to complete.  The lien holder (Bank of America) is in the process of completing a valuation known as a BPO (Broker’s Price Opinion) before they will allow me to submit any offers. I currently have 13 offers on the property from builders and investors who plan to tear down the existing structure and build a new home. I am in regular contact with the bank to try and speed the process along, and hope to have the sale completed by the end of November.  Please contact Suzanne Clark at 503-806-9332 for more info.
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