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97520 : Real Estate Advice

  • All16
  • Local Info1
  • Home Buying5
  • Home Selling4
  • Market Conditions2

Activity 16
Tue Jun 27, 2017
Mary answered:
Hi,

Please note that once you edit your listing on Zillow, the changes will automatically syndicate to Trulia after 24 to 48 hours. Upon checking, I've seen that the photos of your property at 500 Reiten Drive, Ashland, OR 97520 are already syndicated to Trulia. Please click the link below to verify.

https://www.trulia.com/property/3269704972-500-Reiten-Dr-Ashland-OR-97520

Thank you for using Trulia!

Mary
Consumer Care Advocate
http://www.trulia.com/help/ask/
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Thu Mar 16, 2017
Nancy Christmann asked:
Fri Dec 25, 2015
sara asked:
Do filthy rich people ever feel guilty for the horrendous suffering their greed creates in the lives of millions of working poor?
What is the difference between a slave and an employee…
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Wed Jul 15, 2015
John Steinbergs answered:
Another option out there is private money. Private loans are out there but typically have shorter durations and higher interest rates. I'm always available to discuss non conventional options in the Rogue Valley area. ... more
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Thu Jul 9, 2015
John Steinbergs answered:
Hi there,

Based on my experience, only homes that are listed on Trulia as "off market" status can be claimed by the home owner. If your home has this status I would go to the edit home facts button and you should be able to start the process to claim your property. If that doesn't work for any reason I would recommend calling Trulia directly through their support line at 888-466-3501. Best of luck!

John Steinbergs
Broker
Gateway Real Estate
call-john.realtor
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Thu Jul 2, 2015
Melissa Ryan asked:
Trulia! My address is 215 Tolman Creek Rd #29 but when I entered ti get value, it changed to #32. Uh, different home, different size etc. Also had to say single family home, this is not…
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Fri Jan 30, 2015
John Steinbergs answered:
Choosing a price to list your home should take into account the property's comparables in the market area. Often times it could be higher or lower than you think depending on the neighborhood, particularly in Ashland since it's so diverse. Instead of paying for an appraisal ask a real estate broker for their price opinion. Most would be happy to offer this service for no charge.

According to the Southern Oregon Multiple Listing Service which publishes statistics the Ashland market topped out in 2006 for residential sales. The average price was $483,580 with 304 homes sold. In 2014 the average price was $419,446 with 280 homes sold. The bottom for average price was $334,446 in 2011 when 209 homes were sold. What we can say for sure is that we've had three solid years of price growth and increased sales volume since the bottom of the market. So to answer your question we have not seen prices equal their former 2006 highs on average. However, based on comparables for your home in your neighborhood you may be above or below the average. Having a broker provide their opinion of value based on an analysis of homes in the area using listings, pendings, and sold homes would provide a more concrete foundation.

In my opinion, with the continued lower than typical interest rates, the growing economy, and the reduction in distressed properties in our area combined with liquidity in the Pacific Northwest and California markets we should continue to see an upward trend both in terms of volume and pricing.
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Wed Jan 28, 2015
John Steinbergs answered:
Thank you for your question. While the lender, or lenders, may accept less money than they're owed (i.e., the short sale) it comes down to a multitude of items lining up right. Once the seller accepts the offer it goes to the lender where they decide whether or not to release their interest in the loan. Even if the bank orders a brokers price opinion (BPO) and an appraisal which both validate the offered price, the short seller still has to provide an explanation as to why they're in a financial hardship and then prove it with a few years of tax returns and a couple months of bank statements. If the seller can't quantify why they need a "short sale" the bank(s) will not release their interest in the loan and the offer will fall apart even though you have a willing buyer and a willing seller. I advise clients to look at all the pieces of the puzzle prior to writing an offer. I would also suggest working with an agent who can be very persistent as banks make it difficult to reach their Loss Mitigation Departments for obvious reasons. ... more
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Sat Jan 18, 2014
Marilyn Stewart answered:
Definitely rise.... as long as lenders can lend. More and more folks want to retire to our great area. Inventory is low and will remain low causing prices to continue to increase at a normal pace.4% per year... ... more
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Thu Jan 16, 2014
answered:
Hi Yadaska,

I would welcome the opportunity to explore your loan options with you. If your current credit scores or judgments prohibit a mortgage loan today, we can discuss strategies for improving your eligibility for different loan types in the near future. ... more
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Tue Sep 11, 2012
Eric Bonetti answered:
The downtown office of Royce Real Estate located at 145 East Main Street, Ashland OR 97520, is at an elevation of approximately 1,920 feet.

The intersection of Tolman Creek Road and Siskiyou Boulevard on the South end of town is roughly 2,150 feet in elevation.

The swimming hole at the top of Lithia Park is roughly 2,160 feet in elevation.

The Helman Springs Subdivision roughly 1,790 feet in elevation, www.helmansprings.com.
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Thu May 3, 2012
Terry Toner answered:
Mike, if you want a spread sheet for what ifs , check out "richdad - poor dad" . his web site is full of info on realestate. As far as selling now it depends if you have equity in the home. If you dont you will be forced into a short sell and will not qualify for a loan for two years. ... more
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Sat Apr 14, 2012
Patricia Millen answered:
Because some MLS systems don't allow the data feed to 3rd party vendors, so the info is outdated.
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Wed Mar 24, 2010
James Gordon ABR SFR SRS answered:
US Army My understanding in Michigan because of the size of the property if it goes through forclosure they have one year to redeem the property and the lender that forcloses can not deliver a marketable title until that period is over unless the owner signs title over to the lender.
Once you own the property it is your right to remove by legal means anyone that remains in the property. Check with your Realtor® about doing a final walk through and I hope in the contract that you have specified that the property is to be delivered vacant.
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Tue Jan 5, 2010
Lester Ingber answered:
To the credit of Support at Tulia, they did follow up on my emails and pointed me to fill out forms to get my property listed correctly.

Lester
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Sun Oct 11, 2009
Minna Reid answered:
I just closed on a chase short sale within 6 weeks of getting an offer - the approval was 3 weeks. This is NOT common for Chase at all, but it does happen. I'd say a few months is more like it. I have not seen the banks giving high priority to cash in a short sale situation. All they care about is how far off you are from their BPO, and what your sale nets them as opposed to foreclosing on the property and selling it as an REO.
Listing price has nothing to do with it. Market value is key. They will order a BPO and a local realtor will send Chase their opinion of market value of the property ( that's a BPO - broker's price opinion) They will take a discount from their BPO price, but that BPO is the key determining factor in what they will take for the property.
Just sit tight and be patient. Have your buyers agent check in with the sellers agent for updates. The strength of the sellers agent in handling a short sale will be one of the key factors that determines how well this short sale goes for you.
Good luck.
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