Forum Posts

Kat Puchta
Jan 31, 2021
In Real Estate Forum
Welcome to the forum. This is an area where questions can be asked, ideas bounced around, or general information gleened. Thank you for visiting
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Kat Puchta
Jan 31, 2021
In Real Estate Forum
It's my home, now what? In general in the S Oregon area, the close of your purchase process will trigger some unsolicited mail to the public records address, and / or the new home address. Much is advertising that looks official so if you are unclear please contact the business entity the document alludes to. Your mortage is the financial obligation you owe for that home, parcel, structure. You were probably given a document showing where the first few payments until you are contacted directly for payment. If unclear look up your "lender" and ask for a duplicate of that document. It should be in the papers from the title co however. At times your loan will be sold to another investor- if that happens your terms will remain the same but you will be notified to pay someone else, the new loan number, and address. Common occurrence. When this happens the servicing co may change as well- that will be reflected in the pay to, at, by x date notice. Again terms of your loan will remain the same. Your loan is figured with interest at an agreed upon rate for an agreed upon term Usually 10 15, 30 years If you make the minimum payment (with or without taxes and insurance depending on how your loan was arranged), you will pay far more insurance than if you pay extra towards the principal amount each month. If possible paying an extra two payments a year, or paying every other week will save you a large amount of interest and shorten your time period you owe the lender. Each extra payment helps increase equity, decrease time and amount due to your favor. Consult your lender and or tax person for details on options. Congratulations on your new place!
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Kat Puchta
Jan 31, 2021
In Real Estate Forum
So you have decided to move... well let's not mince words or lose Buyers! You get one first impression that helps the Buyer decide if they like your home, if they feel the price is right or if they can start deducting for "things". Let's not let that happen. First Pricing prep= have your Realtor run a CMA to get you an average fair market value for that period of time. That will tell you about how much you can work towards. The Market decides the value and Appraisers at time of sale will use the market to support your contract amount, so be realistic and non-emotional when setting your target list price. Second- detach the emotion from the process. Look at your place as a place not a home. Money put into a home is returned in enjoyment and use not dollar for dollar compensation at time of sale. Refer back to the market comps and adjustments from your Realtor if you feel yourself attaching to the costs of your improvements. Third- you get 1 chance at a first impression. That impression includes photos, price, and literal visual viewing so make sure the yard is colorful not plain; clean not cluttered. Remove vehicles from driveway and street front before your Realtor photographs your home. What do you see when you pull up? Clear which door is the front access? Window coverings look good from the outside? Pretty flowers, mowed lawn? INSIDE: no clutter, minimal personal photos (Buyers stop looking at house and focus on people), Remove any furniture that clutters, Clean woodstoves and fireplaces from soot. Make rooms have a specific purpose, and feel open. Remove tattered window coverings. Clean and flush toilets, clean inside of showers. Box up unnecessary items and stack in storage or garage. A little inconvenience now leads to better pay later. Some Sellers get appraisal and / or inspection ahead of time and correct items ahead of listing. This allows the Realtor to utilize the process in positive marketing and support the listing price. Pay now or pay later, the issue will still need to be addressed, With a little work and a strong team on your side you can obtain a positive sales price to assist you in your new real estate goals Good Luck!
Before listing your home… content media
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