In October 2008, I wrote a post The Mighty Start to Fall about the bankruptcy of Pacific Lifestyle Homes…one of the larger builders in the area. They had a liquidation sale going on back in October as part of their restructuring for bankruptcy. There were several Salem Oregon homes that were part of that original sale.
Unfortunately they did not sell the inventory that they needed to at that time. So…
In a joint effort, they have currently joined forces with Legend Homes, which has been around since the 1960’s, to sell off excess inventory. They have a website which showcases the homes that are available for liquidation. There are currently 12 homes up for liquidation that are part of the Chandler Estates Subdivision in West Salem Oregon.
While the current prices aren’t screaming deals right now, they need to sell them by March 31. I think they are sufficiently motivated…
So if you are thinking of diving into the real estate market in Salem Oregon , give me a call and I’ll help you navigate a purchase of one of these homes.