Many of us are hitting harder times than we have seen in years. As a REALTOR® I often see homes that are for sale in what is called a short sale. A simple explanation of a short sale is a seller attempting to sell their home for less than they owe on it. This takes […]
It is a Crazy Market Out There – Sales in August of 2008
Seller’s do you feel out of focus, do not know which end is up? Central Oregon Real Estate has been a mystery for a while now. I do not profess to give you all the answers. I do not know them – I do know that the real estate market in Central Oregon is tough. […]
La Pine Short Sales and Bank Owned Properties
Many buyers are looking for the “deal” many of the homes currently on the market that attract the most attention are known as short sales. A short sale occurs when a seller owes more than the home the market will support. One of the most common misunderstandings is that the home is worth less than […]
Selling Your Home On Your Own? Important Info
If you live in Central Oregon and you are trying to sell your home on your own be careful of the scams out there. As a REALTOR in Central Oregon I advertise a lot on the web. Recently I have had a rash of scam emails regarding interest in properties. Some of them claim they […]
Will The Property Taxes Go Up or Down When I Buy?
One of the most commonly asked questions from a buyer is what will the property taxes be after I purchase this home. Oregon Property taxes are a little different than some other states. The sales price of the home has no baring of the tax assessed value. The bigger question a buyer should be asking […]
Property Disclosures in Oregon
Property Disclosures in Oregon are often the source of contention and fact finding missions. When a seller lists their property for sale they are required to complete a 4 page disclosure statement (really only 2.5 pages of questions) that asks all kinds of questions. Buyers are provided this disclosure during the escrow period and sometimes […]
First Time Buyer TAX CREDIT
If you are a first time home buyer (or not owned a home for 3 years or more) you may qualify for a great tax credit up to $7,500. This credit is like a 0% interest loan – there are some stipulations and a portion of it would need to be paid back if you […]
Down Payment Assistance
Many of the buyers out there looking for down payment assistance should read up on this subject. Congress has voted to remove the down payment assistance as of October 1, 2008. I trust and read a lot of what a lender in NJ has to say about FHA lending – his name is Jeff Belonger […]
Central Oregon Vacation Properties
Central Oregon offers a great vacation like lifestyle year around. Because of all the outdoor activities year around many of our buyers are second / vacation home buyers. Many times a vacation home buyer is not looking to be in a resort. Some second homes are just simple cabins with simple furnishings. A second home […]
Local Rule – Deschutes County – La Pine, Three Rivers South
The sky is not falling – yes we are now faced with changes for our septic systems and yes the real estate market of Central Oregon is tough. Residents of La Pine and all of Southern Deschutes County including Three Rivers South have been facing “local rule” for a long period of time. We all […]