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.
First Time Home Buyers Credit is it Extending?
Many home buyers are scrambling to find the perfect home and close escrow before the November 30, 2009 deadline. The current First Time Home Buyers Credit is slated to end on November 30, 2009.
Not All Agents Are Showing All The Listings!
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.
The $8000 First Time HomeBuyer Tax Credit
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®.
Being Prepared Can Save Time and Stress – Forest Fire Season
With the temperatures warming the brush drying out and growing being careful in the woods is a must. Should a fire approach your neighborhood and you are evacuated there is always the tough decision of what to take.
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.
Opposition to Local Rule Deschutes County Oregon
This article was written by a broker in my office regarding the local rule that is to be voted on March 10, 2008. The media is making this to be an issue that it is not…. before placing your vote – please educate yourself and know the real facts. You are being led to believe […]
No Vote – On Local Rule – GET The Facts
Local Rule, Nitrates and now a March Vote and all the while I have tried to be professional and make sure my clients know what this all means to them. This weekend while browsing through the Bend Bulletin (notice I did not give them a link) online I stumbled across an article about a couple […]