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Finding Oregon
Jackson, Josephine, Klamath, Douglas & Lane Counties | Vol 7 #5, July 2014 | www.findingoregonhomes.com | 541-324-0053
Shady Cove, OR
Eugene, OR
WENDY MILBRETT 541-520-1321
www.RealEstate-byDesign.com
Eugene Investment!
Brand New Construction!
COMING SOON 1676 BROADWAY TURN KEY INVESTMENT This triplex is fully leased and currently under property management. No hassle income opportunity! $325,000
in one of Shady Cove’s newest developments! just minutes to the Rogue River & downtown Shady Cove! 3 bdrms, 2 baths with over 1600 DON DIXON sq.ft. of quality consruction & amenties. Open 541-690-8416 plan with views of the surrounding hills from www.MEDFORD-HOMES.com the bedrooms. Stunning granite counters, beautiful granite counters, beautiful tile & wood laminate floors. $199,000 #2945658
Springfield, OR
TRALENA W�����
Charming Single Level
PRINCIPAL BROKER Licensed in Oregon Light & bright feeling thru out. Recently remodeled
541-556-5137
603 E. MAIN STREET, COTTAGE GROVE 541- 942-6077
w/new laminate floors, custom concrete kitchen counter tops, glass tile back splash, and more! Home has a vaulted living room, dining room w/sliding glass doors, fenced back yard w/private feeling, covered patio, deck, 2 car oversized garage w/built ins, a lg master suite that will accommodate big furniture, and many other amenities! $220,000 #14517191
Central Point, OR
Mediterranean Mini Villa! Located on over 2.5 acres of useable level land! Great use of space includes living room with fireplace, all rounded entries, 8’ ceilings, large indoor utility room & a fabulous floorplan. 3 nice sized bedrooms, master with shower & vanity area + gun closet. Kitchen w/granite, travertine floors & picture window overlooking in-ground pool. 24x24 finished shop w/ bath, covered RV parking. $425,000 #2947738
SHEILA GUNDERSON
541-944-2020
shefactor@gmail.com
REALTY GROUP
2 July 2014 Vol 7, #5 | WWW.FINDINGOREGONHOMES.COM | FINDING OREGON HOMES
More choices. Better rates. Faster closings. When you work with imortgage, you get a lender invested in your success because our success comes from your referrals and repeat business.
You have our full attention. Jonathen Adams Medford 541.890.5809 NMLS ID 386877
Gregg Anderson Medford 541.944.2723 NMLS ID 385008
Kelly Lauerman Medford 541.821.2320 NMLS ID 387023
Virginia Lewis Medford 541.601.2556 NMLS ID 439945
David Henry Medford 541.261.4347 NMLS ID 475706
William Ward Grants Pass 541.660.6313 NMLS ID 384123
Dan Doyle Grants Pass 619.884.0707 NMLS ID 274435
Linda Fitgerald Ashland 541.601.2072 NMLS ID 390067
Michael Sallee Ashland 541.821.4724 NMLS ID 406308
Jackie Martin Klamath Falls 541.591.0323 NMLS ID 1090850
Brandon Roberts Klamath Falls 541.891.5547 NMLS ID 388954
We have a loan for every home . . . simple as that! Licensed by the OR Division of Finance and Corporate Securities, Mortgage Lending ML-4972. Corporate NMLS ID 174457. All rights reserved. 04222014. * Source: Mortgage Executive Magazine 2014. ** Eliant is an independent company that tracks customer experiences for the homebuilding industry.
®
Looking for a Career in Real Estate? The Headley Dixon Team is growing and is need of motivated, positive individuals.
Call 541-944-5540
B
eautiful new construction in one of Shady Cove’s newest developments, Manzanita Hills! #2945658
• 3 bedrooms, 2 bathrooms • Just over 1600 square feet, quality construction & amenities • Open floor plan with plenty of room to gather • Views of surrounding hills from the bedrooms • Granite counters, stylish fixtures, beautiful tile & wood laminate floors • Still time to pick your colors & personal touches • Just minutes to the Rogue River and town of Shady Cove
$199,000
T
his could be the home of your dreams! Brand new construction has just begun! #2945715
• 4 bedrooms or 3 bedrooms + office • 3500 sq.ft. of top quality workmanship, amenities & materials • Downstairs master suite with walk-in shower, big soaking tub, dual vanities & large walk-in closet • Gourmet’s kitchen with lots of space & counter tops • Large kitchen pantry & eating nook • Great room with high ceilings, custom windows & gas fireplace • Upper level with 2 bedrooms, bath & huge family room
$484,900
www.Medford-Homes.com | SouthernOregonProperty.com
Call The Headley/Dixon Team!
541-690-8416
Kellery Williams Realty, Southern Oregon 1025 Court Street Medford
JACKSON COUNTY
FINDING OREGON HOMES | WWW.FINDINGOREGONHOMES.COM | Vol 7, #5 July 2014 3
Finding Oregon July 2014 | Vol 7, Issue 5 | Advertiser Index JACKSON/JOSEPHINE COUNTIES Bear Landscapes..............................................................................................................................................11 Century 21 JC Jones | Jackie Wytcherley.......................................................................................................11 Diversity Home Lending....................................................................................................................................7 EXIT Realty Group | Sheila Gunderson.............................................................................................................1 EXIT Realty, Realty Town Center | Ken Collins.................................................................................................9 EXIT Realty, Realty Town Center | Tim & Nancy Schmidt..............................................................................9 iMortgage...........................................................................................................................................................2 Keller Williams Realty | Bill McEnany.............................................................................................................15 Keller Williams Realty | Don Dixon...............................................................................................................1,3 Lynn Bartlett Property Management.......................................................................................................7,13 REMAX Ideal Brokers | Kimi Henderson..........................................................................................................8 Renie Weber Realty | Renie Weber...................................................................................................................5 Ryan Moon Construction.................................................................................................................................11 Windermere Van Vleet | Trish Baird.................................................................................................................9 KLAMATH COUNTY iMortgage...........................................................................................................................................................2 Legacy Furniture and Bedroom Gallery........................................................................................................16 Quail Park at Crystal Terrace...........................................................................................................................10 LANE/DOUGLAS COUNTIES Garden Valley Realty | Byron Frazer.................................................................................................................6 Jim Downing Realty | Luke & Tralena Whitten..........................................................................................1,13 Keller Williams Realty | Bill McEnany.............................................................................................................15 Real Estate By Design | Wendy Milbrett.......................................................................................................1,6 Renie Weber Realty | Renie Weber...................................................................................................................5 Ryan Moon Construction.................................................................................................................................11
CONTACT 541-324-0053 - office 866-571-6355 - fax findingoregonhomes@gmail.com PO Box 8742, Medford, OR, 97501 Finding Oregon Homes is Locally Owned & Operated in the Rogue Valley. Rack distributed in over 400 locations in Jackson, Josephine, Klamath, Douglas & Lane Counites.
Finding Oregon Homes is published by Rogue Publishing LLC. Finding Oregon Homes assumes no responsibility for claims made in advertisements. All advertising contained in Finding Oregon Homes is believed to be accurate. No advertising will be published in Finding Oregon Homes which is believed to be innacurate or untruthful. All information herein has been provided, reviewed and agreed to be published by the real estate brokers or their legal agents. Finding Oregon Homes has not verified any information provided by its customers and strongly suggests that all readers verify all information contained herein directly with the advertisers. Finding Oregon Homes nor the brokers or offices are responsible for typographical and/or production errors, and/or the accuracy of any information contained in its magazine or website. Photos and content become the sole property of Finding Oregon Homes and may be used, published, posted or edited without limit or obligation to the advertiser. Reproduction in whole or part is prohibited without the permission of the publisher. Any real estate advertising herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise “any preference, limitations, or discrimination because of race, color, or religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination”. Oregon Fair Housing Law also makes it illegal to discriminate because of elderliness (age 55 and over). We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
Renie Weber Realty 1595 NE 6th Street Ste F, Grants Pass
OwnInOregon.com LIC# 200011038
$242,000
RENIE WEBER
Broker/Owner
541-659-3610
renie92@gmail.com
$169,000
QUALITY BUILT 4 BDRM HOME on .39 ac in Grants Pass. Separate quarters with livrm, bdrm, bath & kitchen area w/ it’s own entrance. New roof, dishwasher & paint in ‘14. Lots of updates! Fully refinished garage w/new door. #2946102
$46,900
1.10 ACRE W/ UPDATED HOME Gated property with 3 bdrm, 1252 sq.ft. home updated in ‘08. Zoned R1-8 can be developed to up to 4 additional homes on the property. #2947396
$103,000
RECENTLY UPDATED SPLIT FLOORPLAN Cathedral ceilings, 3 bdrms, 2 baths, separate laundry room w/sewing or office area. Patio off dining room. #2945487
$123,000
FULLY FENCED LARGE CORNER LOT 3 bdrm, 2 baths, walk-in closets, inside laundry, vaulted ceilings. Lg. front covered deck + 2 car detached garage. #2945144
Your Southern Oregon Real Estate Expert
$429,000
CUSTOM BUILT HOME IN ROGUE RIVER 2360 sq.ft., 3 bdrm, 2.5 baths on .94 acre close to 1-5. Brazilian cherry wood floors, grante counters, Walk-in dual master shower, tankless hot water heater. Breakfast nook off kitchen, 9’ ceilings, heated floors in master bath & shower. Detached 28’x44’ heated workshop with separate unfinished office/storage room. #2946102
$262,000
EXCEPTIONALLY NICE & MAJESTIC VIEWS Gated 6.67 level acres w/ 3 bdrm, 3 bath home that sits back off the road. 2 garages and barn. Would make a great horse setup. #2946102
$129,900
SPECIALIZING IN: COMPLETELY FENCED - CALL THIS HOME! 3 bdrm with wood burning stove, huge yard, covered back patio. Perfect for first time buyers & ready to move in! #2947186
• Residential •1st Time Home Buyers • Foreclosures • Land •Luxury Homes • Manufactured Homes
2 GRANTS PASS UNITSGREAT INVESTMENT Front has 1 bdrm, 1 bath with 460 sq.ft. Back studio has separate kitchen & bath. Long term tenants in both...rents for $1280. #2946399
Proud Members of the Rogue Valley Women’s Counsel of Realtors since 2003!
JACKSON & JOSEPHINE COUNTY
RW
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DOUGLAS COUNTY
COTTAGE GROVE
ROSEBURG
Wendy Milbrett • Real Estate By Design • 541-520-1321
LANE COUNTY
FIRST TIME ON THE MARKET! Beautiful custom built log home on 6.76 Acres. Granite counters, wood flooring, master with large soaking tub + much more! Downstairs family room can be 3rd bedroom + bedroom/office w/exterior entry for home business or? Lg. wrap around porch, year round spring fed pond & 48x30 shop wired w/220. Possible timber value. $395,000 #14603857 EUGENE
Byron or Linda Frazer • Garden Valley Realty • 541-672-4888
UNIQUE HUCREST HOME WITH MANY UPDATED FEATURES!
HUCREST BEAUTY WITH CUSTOM FEATURES!
4 bdrms, 3.5 baths, lots of storage areas & builtins, includes a built-in desk in the Family Room. Lg rooms & kitchen eating bar is sure to please. This is a wonderful family home!$265,000
Good floor plan w/2 bdrms upstairs & a Jack & Jill bathroom. Main floor master w/lg. bathroom, double closeets & a kitchen that’s sure to please. Oversized 2 car garage! $259,000
#14680288
#13025609
ROSEBURG
On
a Fu
ll Ci
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lock
!
Wendy Milbrett • Real Estate By Design • 541-520-1321
Byron or Linda Frazer • Garden Valley Realty • 541-672-4888
COMING SOON 1676 BROADWAY, EUGENE - TURN KEY INVESTMENT This triplex is fully leased and currently under property management. No hassle income opportunity! $325,000
HISTORIC KOHLHAGEN APARTMENTS IN ROSEBURG! The 53 Unit complex is very well managed and has a waiting list. Lots of updates and newer vinyl roof. Beautiful features throughout. Coin-op Laundry, off-street parking, controlled access, elevator, Dish Satellite TV, no pets, separate electric meters and near shops and services. $2,250,000
Visit www.RealEstate-byDesign.com for more Details.
#14085101
PLEASANT HILL
Wendy Milbrett • 541-520-1321 • www.RealEstate-byDesign.com
COMPLETELY REMODELED 4 BEDROOM, 2 BATH New roof, deck, vinyl windows, landscaping and paint. New custom kitchen cabinets, granite counters, hardwood floors, travertine tile, stainless appliances, new doors, new bathrooms + more! 4th bedroom has seperation of space for home business office or extended family living. This home qualifies for USDA NO $$ down 100% financing! $325,000 #13127511
541-324-8486
Medford, Eugene & Everywhere in Between http://rmoonconstruction.wix.com/ryanmoon
ROSEBURG
ROSEBURG
Byron or Linda Frazer • Garden Valley Realty • 541-672-4888
LOT IN DOWNTOWN ROSEBURG! WELL KEPT TRIPLEX! Small lot with some improvements; small Good rental history! 3 units with separate storage building! $39,995 #14589592 power & gas meters. Nice location with wonderful views of Mt. Nebo. Lots of parking & a washer/dryer room for your tenants convenience! $150,000 #14564171
FINDING OREGON HOMES | WWW.FINDINGOREGONHOMES.COM | Vol 7, #5 July 2014 7
Lynn Bartlett
JACKSON & JOSEPHINE COUNTY
Lynn Bartlett
Sales & Property Management 541.659.0060 Sales & Property Management
541.659.0060 “Pairing you with the right property” Your Property Management is my concern! Your Best Interest is my Top Priority! Are your Rates too High? “Pairing you with the right property”
We are now offering:
1 month free with a 1 year contract Call now to find out how Lynn Bartlett can give you Superior Service - 541.659.0060 More than 18 years experience and a fresh approach.
lynnbartlett@charter.net
S
$287,000
JACKSON & JOSEPHINE COUNTY
ecluded and spacious ranch, in the trees on hill. Very solid house, may need your updating. Large home with a family room & fireplace. Lots of large windows, and nice patio off family room. Soak in jetted tub in large master bath. Very low maintenance yard with gated paved driveway. Call for your personal tour today! # 2944952
NMLS ID 399090/1850
Full Service Mortage Lender Specializing In: • Purchase/Refinances • Renovation Loans FHA & • USDA, VA & FHA loans Homepath • Reverse Mortgage • Oregon Bond • CUSTOMER SERVICE!
Close On Time With Our
JENA HETH Mortgage Consultant NMLS #232765
NADINE PETEL CHRISTINE Mortgage KODYSZ Consultant NMLS #456946
Mortgage Consultant NMLS #214532
Ask Us How!
Call Today! 541-479-3377 Proud Members of the Rogue Valley Women’s Counsel of Realtors since 2003!
1595 NE 6th Street Ste F, Grants Pass • www.diversityhl.com
8 July 2014 Vol 7, #5 | WWW.FINDINGOREGONHOMES.COM | FINDING OREGON HOMES
JACKSON & JOSSEPHINE COUNTY
(541) 301-8332 Log On Today! 541realestate.com
Ideal Brokers
3539 Heathrow Way #200 Medford • 541-770-3325
Gorgeous Central Point Home!
$269,900 4 Lg, Bdrms, 2.5 baths, granite counters, beautiful hardwood floors, greatroom design with a columned entry to the family room. Foyer with sweeping staircase. Low maintenance landscaping. Close-in with a country feel! #2937487
Contemporary Riverfront Home!
Hyatt Lake Getaway!
$264,900
Close to the City of Rogue River and an additional tax lot for recreational use that includes a deck, gazebo, newly cut stairs to the river. 2 bdrm, 2 full baths, beautiful Australian wood floors, energy efficient doors and windows, a daylight basement and an expansive full length deck to enjoy your view of the Rogue River. Lots of parking for your RV, etc. ! #2932957
Investor Alert!
$78,500
Fishing, hiking, hot tubbing, relaxation and convenience - participating in the rental pool covers most of the costs - and you can stay when you like! Beautiful windows to enjoy the views, nice living area, bdrm w/knotty pine built ins, covered hot tub and personal parking space! #2936086
Beautiful E. Medford Townhome!
$389,900
6 income producing apartments in great shape + a stick built home! New paint & sprinkler system. Low Overhead. 5 - 1 bdrm, 1 bath units, 1 - 2 bdrm, 1 bath unit & a 3 bdrm, 1 3/4 bath home located on 3.99 ac w/barn. RV site for manager. Potential to split the property. Potential Galore! #2944581
$189,900
Mountain Gate Village PUD! 1827 sq.ft. w/loft area, huge master with his & her walkin closet, jetted tub, and granite. High ceilings, beautiful wood floors & ceramic tile. Extra large attached garage. Low HOA dues with yard work included! #2946524
EXIT Realty Towne Centre 301 NE 7th Street Grants Pass OR
541-474-1566 info@exitrtc.com www.exitrtc.com KEN COLLINS
NANCY SCHMIDT
541-660-0128 541-660-5126
TIM SCHMIDT
TERRI BRANHAM
541-660-1249 541-660-1948
ONE-OF-A-KIND 160+ ACRE PROPERTY! Custom home with living quarters above the finished shop, High-end Pella windows, skylights & heat pump, insulated & finished garage, CITY WATER! $475,000 • #52945826 Call Terri Today! 541-660-1948
UPDATED CRAFTSMAN STYLE ON A CORNER LOT! 4 bdrm, 2 bath, 2 story w/gardens, vegetables & handicap accessiblity. Updated roof, electric & floors. $144,900 • #52946574
MEDFORD DUPLEX! Each 3 bdrm, 2 baths w/1148 sq.ft. This is a great opportunity for positive cash flow - Call Today! $250,000 • #52946430 TIM OR NANCY www.GrantsPassHomesSales.com
HILLSIDE HOME ON ALMOST 2 ACRES! 3 bdrm, 2 bath, master with private deck. Tile counters, lots of storage, walk-in pantry, large garage! $389,000 • #52947835 Call Terri Today! 541-660-1948
WHAT A BEAUTIFUL SETTING!! 3 bdrm, 3 baths, fireplace, large deck in back with hot tub, 2 car garage & shop! $245,000 • #52946247
WELL MAINTAINED 5 UNIT PROPERTY! Views, peaceful area, good tenant rental history, each unit with 1 bdrm, living/dining, kitchen to small deck! $290,000 • #52947063 CALL KEN TODAY!
SILVERCREST HOME WITH MOUNTAIN VIEWS! 2 bdrm, 2 baths in Westlake Village, New Carpet, Vinyl & New Deck! Fenced in Backyard, Great Shed! $34,000 • #52947503 TIM OR NANCY www.GrantsPassHomesSales.com
30 SPACE MOBILE PARK RICH WITH HISTORY! Surrounded by beauty with a strong rent history. 15 spaces newly completed. Ready to rent. Also includes 3 houses, including a vintage 1913 victorian home.. $1,495,000 • #52942962 TIM OR NANCY www.GrantsPassHomesSales.com
LIFE ON THE ROGUE RIVER! New floor, carpets, vinyl, back deck & roof. 2 bdrms, 2 baths, 1152 sq.ft. w/nice kitchen & comfortable space! $31,000 • #52948289 TIM OR NANCY www.GrantsPassHomesSales.com
ALMOST TOP OF THE WORLD VIEW PROPERTY! Blocks from shopping & recreation, enjoy SW Grants Pass views! $59,000 • #52935130 CALL KEN TODAY!
TIM OR NANCY www.GrantsPassHomesSales.com
BEAUTIFULLY REMODELED! Wrap around porch, landscaped grounds w/waterfall & brook connecting to koi pond. Solar heated, free form in-ground pool, poolhouse w/heated shower. 60’ shop w/rollup door. $459,900 • #52935130 CALL KEN TODAY!
TIM OR NANCY www.GrantsPassHomesSales.com
VINTAGE MOTOR COURT - GREAT INVESTMENT!
Terrific exposure on Redwood Hwy! 1.39 ac w/3 log cabins, & add’l 4th space. RC Zoning, shared well & septic. $145,000 • #52944950 TIM OR NANCY www.GrantsPassHomesSales.com
JACKSON & JOSEPHINE COUNTY
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10 July 2014 Vol 7, #5 | WWW.FINDINGOREGONHOMES.COM | FINDING OREGON HOMES
Quail Park at Crystal Terrace Your Next Home!
Discover The Difference That Is Quail Park! Majestically located on Crystal Ridge overlooking Klamath Lake, Quail Park at Crystal Terrace provides the finest in an enriching retirement lifestyle. Our beautiful community offers an enthusiastic and engaging Life Enhancement program supporting a wealth of desirable independent and assisting living services and amenities.
Come Tour Our Retirement and Assisted Living Apartments, Suites and Cottages • Full-size kitchens • Major appliances - range, microwave, refrigerator and dishwasher • Lovely wood cabinetry - kitchen and bath • Washer/dryer included in suites and cottages* • Walk-in closets included in suites and cottages • Walk-in Showers with seat APARTMENT FLOOPLANS...4 TO CHOOSE FROM!
Quail Park at Crystal Terrace... Simply your best choice in retirement living! SUITE FLOOPLANS...4 TO CHOOSE FROM!
Amenities for the Senses Elegant Social Areas - relaxing social and quiet areas throughout Scrumptious Dining - savor our Signature Dining Experience™ Cottages and Suites - designed to support your lifestyle Wellness and Fitness Center - rejuvenate mind, body and spirit Concierge Personal Services - to fit your daily needs and whims
COTTAGE FLOOPLANS...4 TO CHOOSE FROM!
541-885-7250 • www.quailparkct.com
Jackie Wytcherley
JC JONES AMERICAN DREAM 858 NW 6th Street, Grants Pass 541-476-6502 Each Office Is Independently Owned & Operated
541-660-0127
Beautiful Sunny Valley!
Awesome Mountain Views!
Great Commercial/Light Industrial! Ready for development & located near existing industrial park complex outside of Grants Pass, OR. 2 parcels available & adjacent to one another. Buy 1 or both! good raod frontage w/easy I-5 access. #2940027 $99,500
Single Level Home on .56 ac!
52 private wooded acres with homesite approval and pad. Standard septic installed, 10 GPM when drilled, power & phone to property. Plenty of room for garden, quads, family, etc. Spring potential! Potential Owner Carry Terms #2937439 $160,000
Priced to Sell!
SALE PENDING Nice home on the outer edge of town. Large lot, close in with a country feel. Master Bdrm with bath, plus separate attached living quarters w/outside entrance (complete w/bdrm, ba, living rm & kitchen and many built-ins). Detached 960 sq. ft. shop fronts Mt. Baldy. Home is on city sewer but has its own well. Plenty of storage. Covered porch is full length of home plus a large patio w/ partial cover! #2947909
$239,000
SALE PENDING
SALE PENDING New on the market! Built in 2005, 3 bdrms, 2 baths + a 2 car garage. Located in Glendale, this one is a great buy. #2941392 One listing agent is related to seller.
$125,000
FIND YOUR OWN LITTLE PIECE OF
LANDSCAP R ES A E B
RELAXATION. ADVENTURE. HEAVEN.
541-414-5416 SPECIALIZING IN IRRIGATION HAVE A FULL LANDSCAPE JOB? WE CAN HELP!*
* LCB 9223 SUB-CONTRACT FULL LANDSCAPING
JACKSON COUNTY
5.82 wooded acres with very nice views. Well tested at 7 GPM in 1976. 2 bdrm, standard septic system installed. Road and pad are in. Power & phone to property. Beautiful evergreens. Owner may carry - call for details! #2941374 $89,900
JOSEPHINE COUNTY
FINDING OREGON HOMES | WWW.FINDINGOREGONHOMES.COM | Vol 7, #5 July 2014 11
12 July 2014 Vol 7, #5 | WWW.FINDINGOREGONHOMES.COM | FINDING OREGON HOMES
Don’t Be Remorseful June 14, 2014 8:30 am • Erik J. Martin CTW Features
of homes to choose from gets frustrating.”
t’s easy to rush into a purchase. Make sure you’re finding Third, many buyers feel pressure to purchase, which underscores the importance of choosing an agent you can trust the right home for you—and for the long haul. to look out for your best interests and guide you through Considering that a home likely is the most important pur- the process. chase and biggest financial transaction you’ll ever make, it’s important that you be happy with that acquisition. Yet, Zachary D. Schorr, a real estate attorney in Los Angeles, alarmingly, results of a recent study by Redfin reveal that said other common culprits behind purchase regret inone in four U.S. homeowners who purchased the home clude inadequate investigation of the physical characterthey currently reside in would not buy the home again if istics and needs of the property; misunderstanding of the financial terms of the purchase; and failure to comprehend they could do it all over again. how expensive maintaining a home can be. When asked what the most common causes of homebuyer’s remorse are, Marshall Park, real estate agent for Redfin Carol Olrich, broker associate with Alain Pinel Realtors, Corp. in Washington, D.C., narrowed it down a few rea- Marin County, Calif., said the lesson to be learned here is to continually review priorities, ask plenty of questions of sons. the seller and listing agent, and study the neighborhood “First, many feel they paid too much for their home, which carefully prior to writing the offer. Also, don’t let negative can easily happen when they’re competing in a bidding reactions from friends and family let you second-guess war and prices are escalating,” Park said. “Second, many their decision. feel they bought the wrong house. With so little inventory on the market and bidding wars common, it’s easy to get “I ask my buyers to focus on what is right for them and try swept up in the frenzy when five other people want the not to listen to unconstructive, negative dialogue,” Olrich same house you’re looking at or when the limited options said.
TRALENA W�����
PRINCIPAL BROKER Licensed in Oregon 541-556-5137 tralenaw@live.com
LUKE W����� BROKER Licensed in Oregon
541-556-6899 wekul@live.com Clo�� t� C�e����� �� 8.95 a�!
603 E. MAIN STREET, COTTAGE GROVE, OR 541- 942-6077
Pea�e��� Cotta�� Gr��� S���n�! R���� Roa� Eu���� A�e�
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LANE COUNTY
FINDING OREGON HOMES | WWW.FINDINGOREGONHOMES.COM | Vol 7, #5 July 2014 13
Merchantable Timber, Home, Outbuildings, Nice 3 bdrm home w/curb appeal. Bonus Nice 3 bdrm, 1 bath home with fenced Light & bright 3 bdrm, 2 bath home recently Shop are surrounded by beautiful trees. Up- room, pantry, deck, & fenced backyard. Vinyl backyard, 1 car garage + more. Great remodeled. Custom concrete kitchen counters, dated home! $365,000 #13381634 siding + Much More! $151,900 #14239251 inventment/1st home! $154,000 # 14400870 glass tile backsplash. Covered patio & deck! $220,000 #14517191 Ni�� R�nt�� Hist��� - C�e�����! C�������n�� St��� + H���! C����� L� �� Cotta�� Gr��� S�n��� L���� 3 B���!
Adorable duplex; each unit with backyard, 3 bdrm Cottage Grove home + busy store 3 bdrm, 2 bath across from a big park! Small Cottage Grove home on nearly 1/4 ac. Corner lot carport, 2 bdrms, 1 bath. Shared laundry! w/good parking. 1000 sq.ft. display space, shop, could use some tlc but would be a w/garden area, laminate flooring, dining room, 160,000 #14453762 kitchen & bathrm! $699,999 #14315702 great 1st home/rental. $105,000 #14691607 master suite w/walk-in closet! $224,000
Lynn Bartlett Lynn Bartlett Sales & Property Management
Sales & Property Management
541.659.0060 541.659.0060
“Pairing youyou with thethe right property” “Pairing with right property”
Your Property is myHigh? concern! Are YourManagement Rates Too Your Best Interest is my Top Priority! Your Property Is My Concern! AreManagement your Rates too High?
Your Best Interest Is My Top Priority! We are now offering:
1 month free with a 1 year contract
1 MONTH FREE
With A Call now to find out how Lynn Bartlett 1 Year Contract! can give you Superior Service - 541.659.0060 More than 18 years experience and a fresh approach.
lynnbartlett@charter.net Call Now to find out how LYNN BARTLETT can give you superior service! 541.659.0060
lynnbartlett@charter.net • More Than 18 Years Experience & A Fresh Approach!
JOSEPHINE COUNTY
www.JimDowningRealty.com
#14147266
14 July 2014 Vol 7, #5 | WWW.FINDINGOREGONHOMES.COM | FINDING OREGON HOMES
5 tips to win a bidding war for your new home Housing inventory hit a nearly two-year high last month, with 2.28 million unsold homes on the market nationwide. That’s an encouraging sign during a historic dry spell. But macro trends are cold comfort for potential homebuyers on the ground. There are still plenty of communities where low inventory and rising prices mean bidding wars are common. Multiple offers can be incredibly stressful. Buyers are forced to pare their expectations and fight for an edge in what’s essentially a zero-sum game. No one wants to see their dream home swarmed by cash buyers or inflated offers.
share with that seller’s agent that you’re going to make the transaction go smoothly and worry-free, that’s going to help.” This is also not the time to find out that problems with your credit could be an obstacle to buying the home you want. Checking your credit about six months before you expect to buy can give you time to correct any errors or improve on any issues that could put a damper on your plans. (You can check your credit reports for free from AnnualCreditReport.com once a year, and you can use free tools to check your credit scores from sites like Credit.com.)
If you can manage, nothing says “easy” quite like an allcash offer; such offers account for about 40% of recent home sales.
Here’s a look at five tips that can help prospective buyers in a bidding war.
There’s no mortgage process, no underwriting approval and no worrying about financing falling through.
Come Prepared
That’s certainly not an arrow in every buyer’s quiver, but cash offers will often put a swift end to any bidding war.
[Click here to check home loan rates in your area.] Sellers and listing agents want to see you’ve got a mortgage preapproval and can close on the loan quickly. Buyers can include documents that showcase their ability to cover closing costs and a sizable down payment. Others might make a larger-than-normal earnest money deposit to underscore their seriousness. The goal is conveying legitimacy and ease. “The seller’s biggest fear is the deal falls apart at the last second,” says Neil Brooks, a real estate agent with HomeSmart Real Estate in Scottsdale, Ariz.“If you can
You may be able to press your lender for a quicker turnaround on your loan file. That’s not always possible, and it’s likely to depend in part on how quickly you can provide financial documentation at the outset. Sell Yourself Sometimes it’s about more than just the numbers. Many agents urge their clients to write a personal note to the seller. Be specific in conveying what you love about the home and your plans for it.
Pay in Cash
The good news is it’s not always about the bottom line. Sellers may take less if it means a faster closing, fewer headaches or helping someone they connect with.
You might only get one shot at this. Needless to say, it isn’t the time to let your uncle take his new real estate license out for a test run. Lean on an experienced buyer’s agent who’s handled multiple-offer situations.
Good agents will also try to discern the seller’s preferred closing date and work that timeframe into the contract.
Be Careful with Contingencies Purchase offers often contain clauses that make the sale contingent on an appraisal or on the buyer’s ability to sell their current home. Sellers can see them as potential roadblocks. Buyers with the cash to cover a low appraisal or two mortgage payments may want to consider waiving those contingencies. Real estate agents may also suggest including an “escalation clause” in the contract. These basically say the buyer agrees to exceed the highest competing offer by a specific dollar amount. For example, you’ll pay an extra $5,000 on top of the most lucrative offer, or up to an additional $10,000 in increments of $2,000.
“Even though you have a process that’s mostly anonymous, you’re trying to create a bond that puts yourself in the best light,” says Duan Rockette, a real estate agent with Berkshire Hathaway Home Services in St. Charles, Mo. Rockette says that personal touch has helped clients win bidding wars time and again, even when their offer was the least competitive. No Regrets Homebuying is invariably an emotional experience. The time constraints and competitiveness of a multiple-offer situation only heighten the tension. It’s important to step back and be honest with yourself. What’s more devastating – missing out on your “dream home” or overpaying by $20,000 to get it? The goal – at least, ideally – is to avoid regret either way, says Christian Harris, a real estate agent with Berkshire Hathaway Home Services in the ultra-competitive Seattle market. “You want to make sure that, at the end of the day, you’re not going to regret your decision,” Harris says.“You want to make sure you can sleep at night.”
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