CONSISTENTLY RANKED IN THE TOP 5 PORTLAND-METRO AREA SALES ASSOCIATES
COMPANY-WIDE SINCE 2005!
#1 COMPANY SALES ASSOCIATE FOR THE PORTLAND-METRO AREA OF 2005!
2003 PORTLAND-METRO AREA SALES ASSOCIATE OF THE YEAR
OVER 30 YEARS OF COMBINED TEAM EXPERIENCE
"As an out of state client, communication was key to helping us throughout the process. Sherry and her team kept us up to date on all matters
concerning the sales process of our home... making us feel like we were her only client."
~ Dudley and Carol Gaouette
"Sherry, Thank you so much for your continued support of the Forest Park Elementary School and for sponsoring the Wall of Wine
at the auction this year. It was a popular attraction, as usual. Your ongoing support really makes a difference!"
~ Forest Park Elementary School fund raiser member, Michelle D.
"My home is everything I had hoped to find and I never would have even looked at it without you!
Thank you so much, You are the best realtor ever!"
~ Eileen Keily
"I have worked with Sherry five times since 1993. Every transaction has run smoothly... Sherry knows Real Estate
and she truly cares about her clients."
~ Lori Fodor
"Definitely would use Sherry and her team again... They were very helpful
in every way. They are number one for us!!
~ Lyle and Beverly Horwath
Looking for the perfect place to Retire?
Beaverton makes Forbes Top 25 Suburbs for Retirement
Article cites Good Weather and Air, Rail line to Downtown Portland, and proximity to Colleges and Hospitals...all the things that we love about the Portland Metro Area at any age!
THE PERFECT TOWN?
We think so! So does Outside magazine! Its August 2005 cover story features Portland as one of 18 perfect towns for being "hip, smart and packed with adventure."
Check out Portland Monthly Magazine's 5th annual BEST OF THE CITY 2008 list!
Portland's Media Accolades:
Best Walking Town in America
Best Place to Live in the U.S.
Best Cycling City in the U.S.
Cleanest City in America
No. 8 City to Live, Work and Make Movies
No. 10 Best Bang for the Buck
How about the Best Big City? That's what Money magazine proclaimed in 2000 for Portland's "stellar location."
Ever wonder how walkable a community is? Just type your address into WALKSCORE.COM and find the nearest schools, grocery stores, restaurants, coffee shops, bars, cinemas, parks, libraries, drug stores, etc. The service uses Google Maps and provides a score on a scale of 1 to 100.
LOOKING FOR HOMES?
Bookmark sherryfrancisgroup.com as your "one-stop" site for all local and national listings. Don't miss our "Feature Homes" or "Instant Listing" service.
Need local community information? We've summarized much of what is important about the Portland metro area in this site for you.
As your trusted real estate partners, we will help you find the best home in the area and price range you desire. And, together we will work to sell your home for as much as the market will bear and as quickly as possible.
Buying and selling a home is one of the biggest events in your life. As top Portland Realtors, we have the experience and track record you need to accomplish your goals.
Need expert advice? No web site, large or small, can take the place of a top-producing Realtor. Not even ours! This site is filled with ways that you can contact us for one-on-one expert help and advice.
We offer the services on this site free and without obligation. Why? We want to be YOUR Realtors. We guarantee your privacy will be respected. Contact us with confidence!
EMAIL US NOW!
Sherry Francis and Team are Licensed in Oregon.
Short Sales >1. What Is a Short Sale?
A short sale is discussed if the home owner is facing financial hardship and is therefore unable to make payments on the home loan. In the event that the bank or mortgage lender agrees to it, a short sale is an alternative solution when foreclosure is looming. “Short sale” literally translates to selling a piece of real estate just short of the remaining balance of the loan. Because the homeowner finds him or herself in a position where paying the loan just isn’t feasible, the lender will then discount the balance of the loan and the home owner will sell the property and forfeit all of the proceeds to the lender. By doing this, the lender concedes that selling the property at a loss is a better option than continuing to pursue the borrower.
There are four conditions of a short sale:
- The home’s market value is down. This means that the home is worth less than the remaining balance on the home loan. Another way to say this is by saying that the home is "underwater".
- The mortgage is in default or heading that way. A mortgage default occurs when the borrower stops making payments on the loan. At that point, the lender can seize the property from the borrower.
- The home owner encounters hardship like divorce, death or serious illness, unemployment, bankruptcy, etcetera. It is important to note that personal lifestyle choices that cause financial strain are not considered.
- The home owner has no assets. If the homeowner had assets, he or she could use these to make payments on the loan.
How do you know if you qualify for a short sale?
Whether or not a home seller can go through with a short sale ultimately depends on his or her bank or mortgage lender. They have to agree to the short sale process in order for it to come to pass. If the seller’s situation does not line up with the aforementioned four points, he or she may not qualify to sell their home on a short sale.
Any buyer can put an offer in on a home up for short sale so long as they are able to qualify for a loan. It is, however, up to the lender whether or not an offer will be accepted on the property.
From 1974 to 1996, what was the world's tallest habitable building?
The Sears Towers, headquarters for Sears, Roebuck & Co., with 110 stories and 1,454 feet high.
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