My Blog About the Bend Real Estate Market and General Real Estate Ramblings

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Real Estate Agent - Total Property Resources - 200510126
This is one of the most common questions I hear lately. Many homeowners know that if they don't sell their home soon, they won't be able to make the payments anymore so they want to sell before they miss a payment. It makes a lot of sense. The main thing that hurts your credit in a short sale is ...
The states that took the brunt of the housing bust—like Florida, California, Nevada, and Arizona—also contain some of the nation's most enviable markets in which to retire. Moody's Analytics compared price-to-income data for 384 metropolitan areas to pinpoint affordable retirement spots. Bend mad...
April stats look an awful lot like March stats. There are 1122 homes for sale, 189 contingent sales, 325 pending sales, and 187 homes sold with average days on market of 180 and a median sales price of $200,000. For bank owned homes there are 77 for sale, 75 pending, and 72 sold. The average days...
I don't typically take a political stance in my blog but I strongly support an upcoming constitutional amendment being considered. Oregon does not currently have a statewide real estate transfer tax. A real estate transfer tax is a state or local government imposed tax that is collected when you ...
Today I just want to vent. One of my short sale listings is going back to the bank, even though we had a full price, cash offer. The lender, American Home Mortgage Servicing Inc (AHMSI) approved the sale but wanted to retain their right to pursue a deficiency down the road. The sellers would not ...
A new federal law went into effect on April 22, 2010, that affects all homes built prior to 1978. That's over half of all homes in the U.S., including about 33,000 here in Central Oregon. The new EPA "Lead: Renovation, Repair and Painting Rule" or "RRP", is intended to protect U.S. citizens from ...
On April 5, 2010 the Home Affordable Foreclosure Alternatives (HAFA) program went into effect. HAFA was designed to help owners who are unable to retain their home under the Home Affordable Modification Program (HAMP). HAFA provides incentives in connection with a short sale or a deed-in-lieu of ...
Having been on the buying and selling side of numerous short sales, I've encountered many things that can derail a short sale transaction. While many of these will be beyond your control, it's good to be aware of them before you list your home as a short sale or pursue a short sale as a buyer.  1...
There are currently 1120 properties for sale in Bend, 185 contingent sales, 359 pending sales, and 178 homes sold in March. The median sales price in Bend is $205,500, up from $193,000 in February. Overall days on market for all sales was 162. There are 85 bank owned homes for sale, 107 pending b...
(SOLD 5/14/10 - $150,000) Are you looking for a charming west side Bend cottage but don't want a fixer? This home in The Cottages is a great option. This home was built in 2002 and is 1016 sq. ft. with 2 bedrooms, 1 bath, plus an upstairs bonus room. This is a house but the neighborhood is run li...

Cheri Smith

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