Home Buyers: Don’t Sabotage Your Deal

Buyer beware!  We have all heard that phrase so many times that it has become second nature to be wary of someone selling something.  It is good advice for sure but home buyers should also beware of ways they can sabotage their purchase of a house.  It is easier than one might think as some overzealous home […]

Looking to Buy a Home? Plan on Owning it

Buying a home sets the stage for owning it and as obvious as that might seem, many home buyers fail to recognize it.  They get caught up in the excitement of buying a home and don’t consider their long term needs and goals as part of the home buying process.  As a result, they often […]

Financial Reasons to Buy a Home

To a large extent, the decision to buy a home is an emotional one.  Life events, like getting married, having children or landing a dream job are exciting times and often lead to serious consideration of buying a home.   The National Housing Survey released quarterly by Fannie Mae suggests that this is not uncommon […]

Why The Final Walk Through of Your New Home is Important

New homes are looking pretty attractive to buyers in Bend, Oregon right now.  What makes new construction attractive is the competitive pricing compared to existing homes and, of course, the fact that everything is new.  It is easy for buyers to think that “new” would mean there would be no problems with the house.  Unfortunately, […]

How Much Can I Qualify For?

How much a borrower can qualify for when buying a home in Bend, Oregon is primarily determined by the debt-to-income (DTI) ratio and the loan program used to finance the home purchase. DTI ratio is a measurement, expressed as a percentage, of your eligible gross income that goes towards paying the housing principal, interest, taxes […]

Are The Stars Aligned for Small Real Estate Investors?

There has been a growing amount of uncertainty in the real estate market over the last year or so with rising home prices, higher mortgage interest rates and a slower than hoped for economic recovery.  While these factors are combining to make a home purchase more difficult for many would-be home buyers they are also […]

Even More Tips for First Time Home Buyers

In step one you selected the real estate agent and mortgage lender you thought were the best fit for you.  In step two you set reasonable expectations for your home search.  Now that you are ready to begin looking at houses it is time to buckle down and get serious. The best way to prove […]

More Tips for First Time Home Buyers

You started the process of buying your first home by choosing a real estate agent and mortgage lender that meet your qualifications and feel like a good fit.  Before you take off, excited to find the perfect home, step back and set some expectations for your home search.  What you expect to happen during your […]

Tips for First Time Home Buyers

This is the first installment of multiple posts aimed at helping first time home buyers. Buying your first home is a big deal and it is one you should be prepared for.  It is easy to get caught up in the excitement of shopping for your first house and overlook some simple steps that can […]

Fewer First-Time Buyers in 2011

Last year first-time home buyers accounted for 50 percent of all homes purchased.  In 2011 their share of the market has fallen to 37 percent which is close to the historical average of four out of every 10 buyers according to the National Association of Realtors.  Is the lack of a First-Time Home Buyer Tax Credit, which […]