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Danielle Little
Principal Broker
Looking to buy in a tight market?
When you find yourself ready to begin looking for a home, keep some simple things in mind. This is currently a tight market. While inventory seems to be slowly increasing, it is still low and there are investors ready and waiting to pounce. Once they do pounce they have the advantage of strong cash offers.
Consult with your mortgage professional and get pre-qualified. Know what you can afford and what you will be willing to pay.
Take the time to work with your broker to view as many properties as possible. Knowing the market will help you to realize when an amazing home comes to the market at an amazing value.
Act quickly! Organize your decision making process so you can make a quick decision. Don't wait for the competition to step in and make the decision for you.
Have a little flexibility in your terms. This can go a long way in diffusing price negotiations and often make for a more peaceful transaction. A clean offer is a strong offer.
Have some patience and do your homework! The right place for you will indeed hit the market and you'll want to be ready.
Come work with me in fantastic Central Oregon, lets meet your goals in this amazing community that you get to call home.
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The TOTAL Experience
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We look forward to assisting you with all of your real estate needs. Visit our team of professionals online or in our beautiful office space in the heart of Bend's Westside.
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Ask us about our
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"Homeowner Advocacy and Legal Options Program"©™
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Real Estate News from the Ground Up™ March 2013
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TO: Friends of Total Property Resources (TPR) and
Total Property Management Services (TPMS)
Spring is here and we are seeing signs of it everywhere ~ from the first daffodil blooms to the nesting birds. If you are thinking of putting your home on the market for sale, now is the perfect time to start preparing it to list. Spruce up your porch/patio with some hanging flower baskets or your garden beds with colorful bulbs. As soon as the grass is green and the trees are in bloom have your listing agent come out on a sunny day and snap some photos. Bring your home to life!
Total Property Resources, LLC
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OPEN HOUSE - Thursday, March 21st: 4-6pm
Total Property Resources will be hosting an Open House at 1550 NW Kingston Ave.
We hope you can stop by and take a look at this beautiful home on the Westside of Bend. Click here for more details.
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The Fine Print - March 2013 Issue
 
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FURTHER REFLECTIONS: SHOWING A TENANT OCCUPIED PROPERTY
Question: I am a licensed real estate broker and read with interest your last column on the showing of a tenant occupied property which is listed for sale. It raised a number of questions on my part:
a. The MLSCO Listing Contract for Central Oregon provides that the listing broker is authorized to access the Property and "...allow cooperating brokers to access the Property for purposes of showing it to prospective buyers at reasonable hours." Does this make the broker representing only a prospective buyer a "Landlord's Agent," so that the listing broker doesn't have to attend in person every time a buyer's broker wants to access the Property?
b. On the features form to be completed for the listing of the Property with MLS, there is a box to be checked providing for "Showing Instructions," which includes options such as "Use Lockbox," "24 Hour Required," "List Agent must accompany," and so on, followed by a box indicating whether a lockbox is or is not on the Property. This form is to be signed by the Seller.
If I have the boxes checked providing for a lockbox to be used, 24 hours Required, and that a lockbox is on the Property, but do not check the box requiring that the "List Agent must accompany," am I covered as far as enabling any buyer's broker to use the lockbox to access the property, without me being present as the listing broker, as long as the 24 hours notice is given?
Click here for the ANSWER (includes "A Tenant's Points of a View")
DISCLAIMER: this column does not constitute the giving of legal advice, and your reading this column does not create an attorney/client relationship. You are encouraged to consult a lawyer or accountant should you have questions about how this information may be applicable to your particular situation.
David R. Ambrose
Principal, Chief Executive Officer
Ambrose Law Group LLC
Direct Dial: 503.467.7217
drambrose@ambroselaw.com
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Tetherow Lot 284
Better than we planned! This spectacular home was perfectly sited to take in gorgeous views from all angles! Framing is complete, the home is fully enclosed and interior work is well underway! Please call for a detailed spec sheet, plans or a guided tour!
Introducing a new Northwest Contemporary style home underway in the Crescent at Tetherow. The 3,200 sf flowing floor plan is designed using the progressive materials, quality of craftsmanship, and contemporary flair for which Bend Trend Homes is hailed. Sleek, clean, modern lines fused with a NW flair create a warm, comfortable and livable retreat. The home is sited to maximize both golf course and mountain views boasting a large outdoor terrace to relax and take in the tranquility of Tetherow living. Please call listing agent for more details and construction schedule. Still time for buyer to choose interior finishes.
Click here for a flyer.
Offered at $949,900
For more information on this listing visit the Featured Listings on our website or contact:
Molly Brundage, Principal Broker
O. 541.330.0588
C. 541.280.9066
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Reasons To Attend Your Own Home Inspection
By: Steph Noble with Northwest Mortgage Group, Inc
As a home buyer, you can get a feel for whether a home's systems and appliances are in working order. However, you can't know for certain until after the home's been inspected.
This is why real estate agents recommend that buyers hire a licensed home inspectors immediately after going into contract. It's the best way to really know the...Click here to read more.
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Eight Ways to Improve your Home Appraisal
By Lou Carlozo
WASHINGTON
(Reuters) - When Kellie and Michael May decided to refinance their home in the New York suburbs, they wanted to take advantage of historically low interest rates. But before landing a new 30-year fixed-rate mortgage, they had to get through a home appraisal.
"It was a major stumbling block," says Kellie May, who has owned the 4-bedroom, 3-bath colonial for seven years. Not that she and her husband were unprepared; they'd been through an appraisal for another refinance in 2010, so they knew to point out improvements they'd made to the 3,400 square foot home, and...click here to read the rest of the story.
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Home Buyer Assistance Available in Bend
Bend Chamber Member Focus
Prospective home buyers in Bend can apply for Neighborhood Stabilization Program (NSP) funding, which can be applied to the purchase of a foreclosure or short sale property. Current funding is limited to purchases in the City of Bend.
The purpose of this government stimulus is to maintain homeownership rates in our communities and promote affordable housing. Up to $35,000 is available for qualified applicants:
- Applicant's income must be within 120% of the area medium income (AMI).
- Purchase property must be owner occupied (not for investment, rental, or second home).
- See website for map where purchase could qualify for funding.
- No interest deferred loan, to be paid upon title transfer.
Through NSP funding, the City's Affordable Housing Program has helped over 100 home buyers in Central Oregon purchase an affordable home.
For more information, visit bendoregon.gov/nsp, or contact Sheila Pyott at 541-693-2123, orspyott@ci.bend.or.us .
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For questions about this newsletter or services offered by Total Property Resources, Total Property Management Services or Ambrose Law Group, please contact us as follows:
Janis K. Alexander
Principal, Chief Operations Officer
Direct Dial: 503.467.7237
David R. Ambrose
Principal, Chief Executive Officer
Direct Dial: 503.467.7217
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