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Mt. Hood Real Estate Blog

Liz Warren

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Displaying blog entries 1471-1480 of 1876

Mt. Hood First Time Home Buyers

by Liz Warren

If you have not owned a home for the past three years you qualify for potenitally receiving $8,000 tax free from the Feds and getting the lowest interest rates in over 60 years for your mortgage!

Where to start? Get in touch with a lender to see if you can qualify to purchase a home! Do it now! Most buyers with a credit score of 620 and above will have no problem in qualifying. There are many loans for our area that may work for you. There's the USDA loan with zero down payment-yes our area from Brightwood, Welches, and Rhododendron qualify for this program! There's also FHA which will require a 3.5% downpayment.

Here are some homes that may work for the first time homebuyer. Click on the home for additional details on that property and you can visit this page for details on the program.

 

Need A Shop on An Acre With Home?

by Liz Warren

Need a shop? This is the right property for you. Located on nearly an acre of level land and a cozy little home that comes with it! The home has easy care wood laminate floors plus carpeting. A charming wrap around deck with log railing makes an inviting scene. The bedroom in on the main level and an open floor plan gives a feeling of spaciouness. Vaulted ceilings and wood beams add lots of charm. A toe warming propane stove heats the entire house.

How about that shop? 30 X 36 stick built and ready for your toys and hobbies. Lots of yard for spreading out.

This is a great oppornunity for a first time home buyer to take advantage of the $8,000 tax credit!  Only $220,000!

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Morning Coffee on Mt. Hood

by Liz Warren
Monday Morning Coffee

INSPIRATION FOR TODAY:

"A man's reputation is the opinion people have of him; his character is what he really is."
- Jack Miner, conservationist (1865-1944)


HOW'S YOUR CREDIT?

Ever hear someone say, "I have good credit"? They are probably referring to their credit "rating" - a score bestowed upon them by creditors, banks or rating agencies. Simply stating, "I have good credit" changes nothing, nor does the statement merit the attention of creditors. Credit can only be given by others for service to them, i.e. paying them on time.

So, credit is the result of serving others - in many ways. You cannot claim education, victory, experience, success, reputation, or a suave demeanor. Each of these is a gift from others, as a result of your service to them. Friends recognize your courage as a result of your being cool under pressure. Your success is recognized by others only once you have served them well. Knowledge of your career field is recognized by others only after it's been applied to situations in the form of more service.

In the accounting world of income and expense, a debit is something paid out, while a credit is something received. Thus all credits are received from others - not by our own making. The debits - what we pay out - are our efforts, persistence, and service. How they are rated is not under our control, but is determined by those served.

Without service, there are few rewards. Yet, you've seen those who insist on getting more attention than they deserve. They feel they're being short-changed, that they are not appreciated, that they are always the victim. If you look more closely at their contributions, you are also likely to see the dearth of service they are offering.

With service, credit follows. It may be subtle or quite visible - but it always follows. Concentrate on what you have to offer and forget the rewards. Those who are served will pick up the tab!

Move Up or Downsizing Homebuyers

by Liz Warren

If you have lived in your home for five of the past eight years in the Mt. Hood area from Welches, Rhododendron, Brightwood to Government Camp, opportunity is knocking and you should take advantage of it! Say you want to move into a larger home and take advantage of today's lower prices or you are ready to retire and want to downsize, a unique opportunity is at hand. Not only are you able to take advantage of today's incredibly low interest rates, there is a stimulus  bonus of $6,500 if you purchase before April 30, 2010 and then it goes away!

There are income limits but most people in our area will meet those limits. I've already had one set of clients take advantage of this. They sold their home on the mountain and relocated to Bend to purchase a foreclosure. Not only did they reap the tax free gain on their primary home, they will get the $6,500 tax credit in the purchase in Bend.

Time is wasting, ACT NOW to get this tax credit!

Bank Foreclosures at Collins Lake

by Liz Warren

This might be a great time to purchase a Collins Lake Condo. There are eight units for sale right now including two bank owned units. Here are the details on the bank owned units:

Morning Coffee

by Liz Warren
Monday Morning Coffee

INSPIRATION FOR TODAY:

"First of all, you must find the right track,
So you can start right away and not be held back.
But which track is yours? Well, that all depends
On which way it's going, and where it might end."

~ Craig Dorfman in "I Knew I Could!"


THINK YOU CAN?

Regardless of your age, you were probably introduced as a child to a wonderful book entitled "The Little Engine That Could." If you will recall, it was the story of a small red locomotive personality who believed it was possible to pull a very heavy load uphill - a task that was shunned by other larger locomotives. The little engine huffed and puffed up the hill, all the while repeating the mantra, "I think I can! I think I can! I think I can!"

It was a cute story that contained a very powerful message about persistence and the ability to overcome adversity. Now there's a sequel entitled "I Knew I Could!" A quick ten-minute read, it clearly outlines our ability to make our own choices in life. Using illustrations of train tracks and those cute little locomotives, you are easily led to the understanding that we choose the life "tracks" upon which we travel.

The book suggests that before picking one of those tracks, we should determine the direction it might take us, and the destination we might reach by so choosing. Sounds like real life, doesn't it? How many times, and in how many ways, must we be taught this lesson? If we fail to make our choices wisely, we have consciously made the choice to live at the mercy of happenstance - as did Alice in the following excerpt from "Alice's Adventures in Wonderland":

"Cheshire-Puss...," said Alice, "Would you tell me, please, which way I ought to go from here?" "That depends a good deal on where you want to get to," said the Cat. "I don't much care where -" said Alice. "Then it doesn't matter which way you go," said the Cat. "... so long as I get somewhere," Alice added as an explanation. "Oh, you're sure to do that," said the Cat, "if you only walk long enough."

Life - it's your choice. Toot! Toot

December 2009 Sales

by Liz Warren

Take a look at what sold in December:

We have two bank foreclosures, two forest service cabins on leased land, a couple of Government Camp condos and a scattering of second home purchases.

2009 Sales Stats for Mt. Hood

by Liz Warren

The recent listings/sales numbers are in from Portland Multiple Listing Service for December and for year end 2009.

 

Notice pending sales were up 266% this December compared to last December! The market made a turn for the positive in July and has continued on through the rest of the year at a steady pace. December saw 13 closed sales for the month.

There was a surge of inventory this year although only 125 properties are currently for sale right now. 2009 saw 333 properties for sale over the year. Nearly one third of the properties on the market sold this year.

The first part of 2010 will probably continue at the current pace with the first time home buyer and repeat buyer stimulus packages driving the market. Interest rates will go up slightly probably by mid year.

Financing will contiue to be a challenge. FHA requires a 3.5% downpayment and if your credit score is 580 or less you will need 10% downpayment. Other FHA fees are going up too. Reserves are falling so the premium for an FHA loan is going from 1.75% to 2.25%.

Major changes with lending are difficult to keep up with. What may be ok one week gets changed the next so if you are getting a conventional loan, put your seat belt on!

 

Salmon Riverfront Price Reduction!

by Liz Warren

LOCATION, LOCATION, LOCATION! If you've ever experienced the Salmon River in Welches you know it is one of the most pristine and senic rivers on the mountain. This easy to own updated and remodeled Shadow Hawk Condo has one of THE BEST VIEWS of the river you can find on the mountain. You can see the river from EVERY ROOM in the upstairs unit. There is even a covered tiled patio deck where you can look up and down the river!

The seller just reduced this unit by $20,000!

It's now $220,000!

 

 

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Immaculate Cabin Reduced by $10,000!

by Liz Warren

Tucked away in the Mt. Hood National Forest on leased land sits a remodeled cabin that is turn key ready for your use! There's a wonderful fireplace for after ski evenings, an updated kitchen, open areas with the living room, dining room and kitchen which is great for family and friend gatherings. One bedroom on the main level and two more upstairs plus a huge loft!

The seller JUST reduced the price by $10,000! Currently asking $169,000. Enjoy the peace and quiet of the forest and a short walk will take you to the Zig Zag River! Only 15 minutes to the slopes. Located at Road 20D Lot 18 in Rhododendron

 

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Displaying blog entries 1471-1480 of 1876

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