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Central Oregon Real Estate | Broker Thesa Chambers, Licensed in Oregon

Property Disclosures and What They Don't Say

Waving Red FlagProperty Disclosures in Oregon are often the source of contention and fact finding missions. When a seller lists their property for sale they are required to complete a 4 page disclosure statement (really only 2.5 pages of questions) that asks all kinds of questions.

Buyers are provided this disclosure during the escrow period and sometimes prior to escrow. By law a buyer has 5 business days to review and withdraw from the contract if they disapprove of the disclosure. Each question has a series of boxes for the seller to check. The choices they have are yes, no, unknown and on some of them n/a.

Many Central Oregon Sellers are absentee owners, those of second homes, vacation properties or investment rentals. When these sellers complete the property disclosure they often times know nothing about some of the questions. A couple examples are; Has this home ever been used as a drug manufacturing or distribution place. Since a seller does not want to say no and have the buyers find out from the neighbors that the past tenants were selling from the property they will often say unknown.

What does this do to the buyer? It raises a big red flag - they generally assume that unknown on this question is a real yes. Central Oregon does not have an easy website to verify this information - and very few of the homes - in fact last I checked only 1 in La Pine had been "condemned" due to manufacturing. (that home has been torn down and a new home sits on the property now)

Another question that is often confusing and causes red flags concerns underground tanks - almost every disclosure in La Pine should say yes there are underground tanks - however they are septic tanks not oil tanks and you should differentiate this. If the box is marked yes the Seller should mark what type of tanks are on the property.

My message here is two fold - Sellers please answer these questions accurately and to the best of your knowledge - if you do not know the answer - maybe you should do a little checking instead of giving the buyer a reason to doubt you. Buyers when you receive this document please read it carefully, ask your agent questions - research those that you have issues with and let your agent be of assistance.

Central Oregon and Phoenix / Mesa Connection -Travel Just Got Easier

direct flights from rdm to phxStarting October 24 travel between Central Oregon and the Phoenix / Mesa Arizona area just got easier and less expensive.

Allegiant Airlines will be starting service with prices as low as $89 each way. Flights will be limited to Friday and Mondays to start if successful more flights will be added.

Central Oregon is full of "snowbirds" that travel to the Phoenix / Mesa area every winter. I am sure there are many from Arizona that find Central Oregon a great place to spend summer.

Now it is easier than and more affordable than driving this distance. I would expect to see buyers in both areas seeking second homes.

Since Central Oregon and Arizona both are known to be great locations for second home buyers.

With airfares like this and easy travel, now may be the time to search for your home away from home.

If you are looking for a home in Central Oregon I would be happy to help you. Central Oregon offers almost any kind of home you could imagine. Prices of homes are as varried as the styles of homes. Click here for a complete search of the Central Oregon Homes For Sale.

If you need assistance in the Arizona area I have a great REALTOR® referral for you, her name is Teri Ellis - she is the expert for the Phoenix / Mesa area.

Lowering Your Price May Not Make a Difference!

It has always been said that price is everything in Real Estate. For most markets, homes and times this is an accurate statement. However, in La Pine right now that may not be your problem. Sales in La Pine since June 1, 2008 show that only 4 homes have closed escrow over $250,000.

If your home is listed above $250,000, priced well and not one of the lucky ones it may just be that the buyer for your price range has not bought yet. Many of my listings in this price range are sitting, frustrated and waiting to move on with their lives. The reality of it is, the buyers in this price range seem to be sitting on the fence a little longer than the lower priced homes.

There is a little good news if you are one of those that are waiting. Internet stats are increasing and more emails are coming from the buyer. Remember that most of the buyers in this range are relocation, second homes and vacation homes, these buyers must travel to purchase your home. With fuel prices coming down a little, and airfare becoming a little more reasonable I hope they will be here before the snow comes.

Click here to view a list of La Pine homes that have sold.

Wickiup Station is Open and Attracting a Few Unexpected Locals

La Pine has a new pub in town. The locals have been talking about it a lot. Wickiup Station opened a week or two ago. Located right on Hwy 97, and next to the very busy Les Schawb Tires it is very easy to find.

Smoke free and ready to serve the locals and visitors alike, I have not had the opportunity to try this spot just yet. But today when I was picking up clients from having a tire repaired I did spot these locals. Seems they are more interested in the landscaping than what might be offered inside.

There were 3 bucks and a doe that made a quick lunch out of the brand new landscaping.

Elk La Pine Oregon

elk-march-08.jpgElk are common in La Pine and they are moving back into the area with Spring here.

Many of the homes for sale in La Pine will offer the chance to see these beautiful creatures or at least deer.

For all of your Central Oregon Real Estate needs I am here to provide exceptional service and the insiders information.

La Pine is the doorway to many wonderful outdoor activities including, fishing, hunting, boating and skiing.

Living in Central Oregon is a lifestyle that many only dream about. You can make the dream a reality for much less than you might expect.

Home prices are certainly in the buyers favor and there are a lot of great homes to choose from.

For a full search of all the properties available feel free to visit www.CentralOregonBuzz.com then click on search for homes.