Bend Oregon bank foreclosures seem to be a hot commodity these days. They are selling at a rate of almost one per day. There are currently 105 bank owned homes in Bend for sale through the Central Oregon Multiple Listing Service. There have been 50 bank foreclosures sold in the last 60 days and there [...]
Entries from March 2009
Bank Foreclosures Selling Fast in Bend Oregon
Mar. 19th, 2009
What to Do When You Find Aluminum Wiring In a Home
Mar. 18th, 2009
If you are thinking of buying a home built between the mid-1960s and 1972, then you need to learn whether it was wired with aluminum. The U.S. Consumer Product Safety Commission (USCPSC) has identified homes wired with aluminum as far more likely to reach “fire hazard conditions” than those wired with copper. The hazard results [...]
What Buying A Home “As Is” Actually Means To You, The Buyer
Mar. 13th, 2009
Buying a home “As Is” simply means that there are no warranties or disclosures to be made from the seller to the buyer. This is strict buyer beware and is legal in most states including Georgia. This “As Is” status would be used by banks, investors and HUD. However, buying a home “As Is” does [...]
Historic Window of Opportunity for Home Buyers
Mar. 10th, 2009
Perhaps you have noticed the economy is struggling in 2009. That unemployment nationally is at a 25 year high of 8.1%. Did you notice the largest spending bill in history was passed in the form of a stimulus package? That trillions of dollars have been injected into financial markets since September 2008? That the proposed [...]
Property Affordability – Myth Or Reality?
Mar. 7th, 2009
A recent poll conducted about property investment showed that 80 percent of people surveyed believe that it is difficult for first-time buyers to afford a home. A majority of those polled 59 percent also said that they believe it is more difficult now to buy a home than it was five years ago. Having a [...]
Buying Your Dream Home Can Be A Reality
Mar. 5th, 2009
There is no greater joy then being able to purchase your own home. Now it is getting even easier to find lenders who are willing to finance your purchase for a new home, a dream home. There are many mortgage programs from which to choose and even more homes for you to review in your [...]
3 Pitfalls to Avoid When Buying a Home
Mar. 5th, 2009
Purchasing a home can be one of the most exciting times in a person’s life. Unfortunately, with the problems out there in the real estate market, it can also create a huge amount of trouble for a home buyer. That’s one problem with rushing into buying a house without doing your homework first. Following are [...]
Buy a Home Instead of Renting in Today’s Housing Market
Mar. 1st, 2009
Making the decision to purchase a house is often intimidating. It is a long-term commitment to live in the same neighborhood, send your kids to the same schools, work in the same area and shop at the same stores. Plus, the news is filled with reports about the instability of the housing market and the [...]