In Central Oregon our most common riverfront properties are found on the Big Deschutes and Little Deschutes Rivers. Both of these rivers are regulated by a series of dams the largest being the dam that holds back the water for Wickiup Reservoir. A common question from buyers looking at river front property in La Pine, […]
In the last couple weeks we have started to see some interesting things with the real estate markets in Central Oregon. Several times, in the last 2 weeks I have had a buyer ask for information on homes in a specific area, at specific price ranges. The lists are getting much smaller than we have […]
Traditional sale vs bank owned homes – plus your list of bank owned homes for – La Pine, Three Rivers South and Sunriver as of October 1, 2010
Different loan programs have different requirements, but almost all allow for the seller to pay part or all of your closing costs. This is one of the many details you should discuss with your agent and your lender prior to writing an offer. This does have an impact on your offer and does need to […]
Did you know you can still obtain 100% financing? Most of Central Oregon falls into the areas allowed for a USDA home loan (with the exception of the City Limits of Bend). Although the funds are not always available it is a choice you should always talk to your lender about.
Confused about what DTI is for your loan process – video explains this term and many more. Debt to Income has a top and a bottom, make sure you know what the experts are talking about Home Loan Ninjas explain DTI very simply.
Guest Post by: James Kelley blogs on veteran’s issues, real estate and finance across American markets at VA Benefit Blog .He also works with VA Mortgage Center, proudly serving American military families as a leading national VA lender. Due to new, stringent practices many lenders have implemented since the credit crisis of 2008, many veterans […]
A short sale on the buyer’s end should be thought of as a traditional sale, you have a buyer that is wanting to purchase a home, a seller wanting to sell a home. The only difference at this stage is that the seller can not sell the home at the sales price without the bank’s approval.
Whether you are selling your home or not – take a moment to take a look at the wall that separates your home and your garage – if there are areas not covered with sheet rock, get it taken care of – check the door and make sure it is a metal door or a solid core door. These two items can save you, your family and your precious belongings.
Understanding what your payment will include in home ownership, can and will make purchasing a home less frustrating and smoother in the long run. Being prepared as you start your home and loan search is the best advice anyone can give you. Give me a call, I can help prepare you for this exciting time of your life.