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, […]
After the great crash, no matter what the price point of the buyer. Buyers still think they want to see foreclosures. A foreclosure is priced below the market value. Buyers can often get more bang for their buck. You Can’t Buy a Foreclosure! Foreclosure is a process not a status of a home. I […]
Earlier in the Fall I had the opportunity to have an incredible evening with Peak Performance and became part of the Peak Family. We took a Sunset Ride to the top of a couple different buttes out off Spring River Road. What a great time, as a local I, like a lot of you probably, […]
It was not that long ago you could not find a home in Sunriver for less than $300,000, no matter where the location, size or age of a home. Today that has changed. I am including a list of homes for sale in Sunriver under $400,000 (this is link).
Looking at the bank owned homes in La Pine, Sunriver and Three Rivers South it seems that the numbers may be growing a little. Many of the homes that are priced well are still available this week. Although winter generally brings slower sales, recent bank owned sales have continued no matter what the weather. Many […]
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.
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.
Today I received a great email from a reader. They were concerned about the listing price of their neighbors home and thought they may need to short sale because they owed over twice what the neighbors home is currently listed on the MLS for. I know that when you see a home listed ridiculously low […]
Village Mall – Sunriver Oregon – Phase One continues with the redevelopment, installing new composite roofs on buildings 23, 24 and 25 is basically complete. When you are in the Village, take a look at the new dormers, windows and fresh siding. Now on to building 22, it is slated to receive new windows, entty doors, cedar siding and some stone work for additional accents.
One of the most confusing things to a buyer on a short sale is the price. A property will be put on the MLS with a great price, the buyer will write an offer and the process begins. The offer is first submitted to the Seller, once the seller and buyer come to an agreed to transaction the offer is submitted to the bank. The bank has the opportunity to accept, reject or sometimes suggest a different price.