Buying a short sale can be a great investment, however, everything depends on the bank’s response to your offer and any other offers. One of the trends I am seeing is listing agents listing a home at a price that is so much lower than everything else on the market it can not help but bring in offers.
Short Sales Are Like Pretty Woman
A couple of my buyer clients are participating in short sales. They have done their home work, they know it can be a sit and wait just to have to hurry up at the final approval (if it ever comes) approach. One Buyer in particular is buying while living half way across the country – […]
Bank Owned & Short Sale Properties for January 4, 2009
List of Bank Owned and Short Sale properties for January 2009 in La Pine and Three Rivers South
Helping YOU Buy a Bank Owned Property
Many people have the misconception that people do not buy homes in Central Oregon in the winter time. January sales have always shown that to be a misunderstanding. This year it should be proven again to be wrong, Buyers This is a Perfect Time to Buy your Central Oregon Home. Many of the homes for […]
The Bank Owned Home & You!
Are you looking at buying one of the many bank owned properties in Central Oregon? La Pine, Three Rivers South, Bend and even Sunriver have homes that are bank owned or listed for less than the seller owes (short sale). The banks have agents on their side of the transaction, you deserve someone on your […]
Do You Know Where Your Rent Is Going?
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 […]
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 […]
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 […]
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 […]
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 […]