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Displaying blog entries 441-450 of 1883

Mt. Hood Land Swap

by Liz Warren

The Mt. Hood land swap is back in the news! Negotiations between the U.S. Forest Service with land next to Government Camp and Mt. Hood Meadows owned Cooper Spur ski area continues. Two decades later it is back in the news with a final decision on the environmental impact by the Feds and a draft decision of terms. 

This recent article in the Oregonian gives a good background on the history of the swap along with past and future challenges of the appraised values of the parcels.

If you would like to read the draft of the final decision the 40 page document is HERE.

Map of swap area

Government Camp Land Swap

 

What's the Truth About Downpayments To Buy Your Mt. Hood Home?

by Liz Warren

          

Appraisals Vs. Home Inspections on Mt. Hood

by Liz Warren

What’s the Difference between an Appraisal and a Home Inspection?

What’s the Difference between an Appraisal and a Home Inspection? | MyKCM
 

If you’re planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to buy. In most cases, an appraisal is ordered by the lender to confirm or verify the value of the home prior to lending a buyer money for the purchase. It’s also a different step in the process from a home inspection, which assesses the condition of the home before you finalize the transaction. Here’s the breakdown of each one and why they’re both important when buying a home.

Home Appraisal

The National Association of Realtors (NAR) explains:

“A home purchase is typically the largest investment someone will make. Protect yourself by getting your investment appraised! An appraiser will observe the property, analyze the data, and report their findings to their client. For the typical home purchase transaction, the lender usually orders the appraisal to assist in the lender’s decision to provide funds for a mortgage.”

When you apply for a mortgage, an unbiased appraisal (which is required by the lender) is the best way to confirm the value of the home based on the sale price. Regardless of what you’re willing to pay for a house, if you’ll be using a mortgage to fund your purchase, the appraisal will help make sure the bank doesn’t loan you more than what the home is worth.

This is especially critical in today’s sellers’ market where low inventory is driving an increase in bidding wars, which can push home prices upward. When sellers are in a strong position like this, they tend to believe they can set whatever price they want for their house under the assumption that competing buyers will be willing to pay more.

However, the lender will only allow the buyer to borrow based on the value of the home. This is what helps keep home prices in check. If there’s ever any confusion or discrepancy between the appraisal and the sale price, your trusted real estate professional will help you navigate any additional negotiations in the buying process.

Home Inspection

Here’s the key difference between an appraisal and an inspection. MSN explains:

In simplest terms, a home appraisal determines the value of a home, while a home inspection determines the condition of a home.”

The home inspection is a way to determine the current state, safety, and condition of the home before you finalize the sale. If anything is questionable in the inspection process – like the age of the roof, the state of the HVAC system, or just about anything else – you as a buyer have the option to discuss and negotiate any potential issues or repairs with the seller before the transaction is final. Your real estate agent is a key expert to help you through this part of the process.

Bottom Line

The appraisal and the inspection are critical steps when buying a home, and you don’t need to manage them by yourself. Let’s connect today so you have the expert guidance you need to navigate through the entire home buying process.

New Zig Zag Riverfront Cabin on Mt. Hood One Bedroom

by Liz Warren

There's FINALLY a new cabin on the market near Rhododendron in the Mt. Hood National Forest. It's in great condition with a newer septic system and riverside deck! This charmer has everything you could want for your Mt. Hood getaway. The open floor plan has tons of wood and log accents! A stone fireplace features a wood stove that will easily heat the entire cabin. Wood floors.   $209,600

Mt. Hood Cabin on the Zig Zag River

Cozy Fireplace in the Mt. Hood National Forest near Rhododendron

 

 

Its Time to Sell on Mt. Hood!––

by Liz Warren

Is Right Now the Right Time to Sell? [INFOGRAPHIC]

Is Right Now the Right Time to Sell? [INFOGRAPHIC] | MyKCM
 

Some Highlights

  • If you’re on the fence about selling your house, now is a great time to take advantage of sky-high demand, low supply, and fierce buyer competition.
  • With buyer demand rising and historically low inventory for sale, if you’re in a position to move, your house may really stand out from the crowd.
  • Let’s connect today to get your homebuying process underway.

3 Reality TV Myths Busted

by Liz Warren

Mt. Hood National Forest Storm Damage

by Liz Warren

Here's the latest information for Mt. Hood National Forest Cabin owners concerning our recent wind and rain storm:

Summer Recreation Residences

January 12- 13 Storm Damage Alert

Due to the wind and rainstorm, there are many downed trees and downed power lines in the recreation residence tract.  PGE and forest employees are working on clearing roads, prioritizing those who are trapped behind storm debris. This work will take several days.  In the meantime: 

  • Please postpone a visit to cabins.  There are many safety hazards in the area, including downed power lines.
  • First responders and work crews are out working and making progress- it is very important to not impede their work or block roads. 
  • Road 12 (Still Creek Rd.) is blocked and requires heavy equipment to remove a giant downed tree.
  • The Zigzag Ranger District and many of its employees are without internet, phones, and/or power.  
  • As staff gets safe road access they will assess recreation residences for damage and notify owners of discovered damage.

Ready to Buy on Mt. Hood? Get Your Pre-Approval

by Liz Warren

Why You Need to Buy A Home on Mt. Hood in 2021!

by Liz Warren

 

   

Reasons to Hire a Real Estate Agent on Mt. Hood

by Liz Warren


Todays Mt. Hood real estate market is fast and furious with unprecedented demand. Between COVID and the increased demand for second homes during this pandemic we have seen an ever increasing demand for Mt. Hood properties. As a seller, this is the best time to consider selling. To navigate this market you'll need a real estate agent. Give me a call if you need help!

Reasons to Hire a Real Estate Professional [INFOGRAPHIC] | MyKCM
 

Some Highlights

  • Choosing the right real estate professional to work with is one of the most important decisions you can make in your homebuying or selling process.
  • The right agent can explain current market conditions and break down exactly what they mean for you.
  • If you’re considering buying or selling a home this year, let’s connect so you can work with someone who has the experience to answer all of your questions about pricing, contracts, negotiations, and more.

Displaying blog entries 441-450 of 1883

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