There is a lot of information circulating about the First Time Home Buyer Tax Credit of up to $8,000 that is included in the Stimulus Bill, including using it for down payment. First of all, at the present moment in time, it cannot be used for the down payment, even though the Secretary of Housing and Urban Development, Shaun Donovan, said it would be available in a recent speech to the National Association of REALTORS®.
Central Oregon Short Sale Facts
Many of the agents in Central Oregon had no idea what a short sale was or how to successfully market them, not to mention what to do once they had an offer.
First Time Home Buyer Credit
Many of Central Oregon home buyers I have worked with this year are first time home buyers. A first time home buyer is someone who has not owned a home in 3 years. Many of these buyers are benefiting from the new taxcredit of 10% of the purchase price or $8,000.
7 Things To Consider Before Writing YOUR Offer
Contingencies are found in almost every real estate sale. Some are pre-written into the contract some you should consider prior to writing an offer on your dream home are;
As you can see there are items to consider when purchasing a Central Oregon home that a local REALTOR would know. Real Estate is Local – and I am here to be your Central Oregon REALTOR.
The Bank Answers – Short Sale
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 […]