It has often been said that not all agents are equal. As a buyer or a seller you have the opportunity to work with anyone you choose to. Many times as a seller’s agent I am asked about a commission rate, and although I can be flexible and work with my seller to see what works under each circumstance.
Now that we have all been and seen this market for a little while (ok it feels like forever for some) the questions are coming from buyers and sellers alike about short sales and foreclosures. There have been guidelines written, changed and re-written, we have seen modification promises and a confusing statements that make us […]
# I found a short sale but discovered there are past due bills – who is responsible? Several homes that are bank owned or short sale have past due Home Owner Association dues, water and /or sewer bills and so on. The answer is not as simple as you would think. It depends on how you write your offer and how much research you and or your agent do.
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.
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.
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 […]
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 […]