Thursday, August 7, 2008

This is a commercial zoned property with hwy. 99 and Talent Ave. frontage and access.

These are commercial zoned apartments. There is One 2 bedroom unit and 4 studios.

Duplex has dual access, 2 carports and off street parking. Each unit is a 2 bedroom 1 bath and has laundry hookups.

Triplex Was recently remodeled with new paint, new electrical & storage. 2 units have 1 bedroom 1 bath and 1 unit is 2 bedrooms 1 bath.

One 2 bedroom/1 bath home w/ a 2 bedroom/ 1 bath and A 1 bedroom/ 1 bath Duplex all on one lot.

This 2 bedroom 2 bath Duplex has been completley remodeled in 2005. The property is zoned commercial. Property is close to downtown Medford.

Completely remodeled house with Large 2 bedroom. and office. Duplex attached to back of house, 2 studios.

Almost new home on a nice lot. Home has a very open floor plan. Kitchen includes stainless steel Appliances.

Home Is in a great location. Amenities include hard wood floors, corner fire place and a shop in the back.

Commercial Zoned 2 bedroom 1 bath home with a large lot.

Friday, July 11, 2008

Great News for Buyers and Sellers!

Great News For Buyers and Sellers!

Jackson County is no longer considered a "declining market" by Fannie Mae,
opening the way for better loan terms for home buyers.


This reduces the minimum down payment amount required by the federally
chartered mortgage backer. Mortgage loans of up to 97 percent are now
available in automated underwriting cases in which quick approvals can
be made, often based on the borrower's circumstances or on the property
itself.

"Psychologically this will have a good impact," said John Mafrici of Park Place
Mortgage. He is also president of the Southern Oregon Mortgage
Professionals. Now, borrowers merely need 3 percent down — plus closing
costs — on many loans. There are loan programs, such as the USDA
Guaranteed Rural Housing Loan Program, Mafrici said, that still offer
100 percent financing for certain income brackets and outlying
geographic areas.



Source - Greg Stiles, Medford Mail Tribune



Home Sales-Jackson County



Source - Roy Wright Appraisal Service











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