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All too often there is confusion on how real estate brokers get paid and who pays them. Many buyers and sellers know that real estate is a commission-based profession, yet all too often there is confusion about how and how much real estate brokers are compensated. The vast majority of real estate brokers work for […]
Residential single-family home sale prices soared to new heights over the past few years. A huge spike began in late winter and early spring of this year, leaving many wondering if there are easy alternatives to achieve their dream home, at a discounted price. Some have looked into purchasing bare land and building a new […]
As the leaves continue to turn and create a smattering of fall colors across the landscape, there is plenty of chatter about changes in the real estate market. Is it cooling? Are buyers still out there—especially this time of year? Are prices coming down? In years past, it has been very typical for the market […]
Autumn has arrived, cooler temperatures are settling in, leaves are changing beautiful colors and the pumpkin spice scent in the air ushers out the warm summer days on the water. This is the time when Central Oregonians should prepare their homes for the changing seasons by performing a few simple maintenance items to help keep […]
What does “as-is” mean in real estate? We all know what the term infers when buying a used vehicle, but is it the same in real estate? Technically, when a home is listed for sale as-is, it means that the property owner is selling the home in its current condition and will make no repairs […]
Our previous article discussed the primary steps to take in order to accomplish a home purchase. Once a tenacious and cohesive realtor and lender team is decided, it’s time to move on to the most enjoyable part of the home purchase journey: house shopping. Since there are usually compromises that have to be made when […]
A lender is a lender, and it doesn’t really make a difference if they are local, right? Wrong. The vast majority of real estate professionals and escrow officers will tell you that using a local lender really can be the difference between a smooth transaction and a pothole-riddled transaction that makes the heart rates of everyone […]
In life people come to a place of wanting to settle down. The desire to put down roots begins to materialize and typically translates to dreams of homeownership. Owning a home means stability, safety and wealth for oneself and family. It’s a symbol of hard work, determination and focus leading to a sense of pride […]
The escrow process is moving along smoothly and then all of a sudden there is a bump, and it is looking like the buyer cannot close escrow on time. This can cause a host of problems; the primary issue being that the purchase contract contained a closing date upon acceptance and that purchase contract is […]
The housing market has been on fire. With the exception of the “COVID speed bump” which slowed sales during the initial quarantine in late March of 2020, momentum picked up the pace again in May of 2020 and is just now showing signs of slowing. At the beginning of 2021, the housing inventory was incredibly […]
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