Sunriver Oregon Real Estate

Sunriver Short Sales and Bank Owned Homes

Thesa Chambers, Principal Broker — Sat, 04 Jun 2011 16:35:41 +0000

Sunriver has seen a lot of great price reductions making room for buyers that had previously been priced out of the buyer’s market. Today you will find pricing similar to 2005 on many of the homes in Sunriver and occasionally even lower. Although Sunriver has not had nearly as many bank owned properties or short sales as other areas of Central Oregon there are a few.

Sunriver Oregon Deschutes River

If you are looking to purchase in Sunriver and are thinking about short sales, using a Certified Distressed Property Expert (CDPE) will provide you with better information than that of an agent with this special education. I am a CDPE and take extreme care in making sure my buyer is protected and that the listing agent has everything in order to get your transaction closed. Click the link below for a complete list as of today of the Bank Owned and short sale homes in Sunriver, Oregon.

Your Sunriver Short Sale List

Your Sunriver Foreclosure List

Photo by:

http://www.flickr.com/photos/exalthim/ / CC BY-SA 2.0

Sunriver Bank Owned Homes

Thesa Chambers, Principal Broker — Sun, 13 Feb 2011 06:40:18 +0000

The bank owned list is growing smaller and smaller! Today there are 3 properties currently active on the market for sale that are bank owned in Sunriver. Sunriver does not have the same ratio of distressed properties that other areas of Deschutes County has. Today we see 3 bank owned properties on the list of distressed properties.

One of the properties appears to be a “project home” another is right on the rail road tracks and the third is an upstairs Meadow House Condo. When bank owned homes come on the market they are generally priced much lower than other homes if you find a home that is a good deal and you are interested, call me – I will go video it for you so you have a better idea of what you are truly excited about before driving to Sunriver.

Sunriver Bank Owned Homes for February 12 2011

I Will Miss The Trout House

Thesa Chambers, Principal Broker — Tue, 01 Feb 2011 15:22:21 +0000

This morning I stumbled up a Bend Blogger, Hack Bend that gave me some very discouraging news, The Trout House is Closing. As I red what they wrote I had to say, I so agree with you.

Nothing against Hola, which is a great restaurant, but I liked the Trout House: it had an almost secretive, off-the-beaten-path feel to it.

I have not eaten at Hola, I have seen it when I have gone to the movies and it is appealing and all that. Mexican food is already available in Sunriver, and this is a riverfront / marina restaurant. I hope if this news is true that Hola will at least bring some of sea food dishes and not just another burrito, taco and so on.

Lunch at the Trout House was always fun, sitting on the deck enjoying a great salad or burger, or wonderful diner of salmon. We will miss the Trout House and although I know nothing about Hola, I certainly hope they are not just another Mexican Restaurant. I will be checking it out when it opens – if you do let me know what you think.

Hey Sunriver Owners Buyers are Snooping

Thesa Chambers, Principal Broker — Sun, 30 Jan 2011 07:01:38 +0000

We have all heard the noises of the market being down, homes not selling and all that. I will be the first to admit that the market is slower than any of would like, but things are moving up. Over the last couple years, we have had an increase of sales each each. Yes prices are lower, but homes are selling.

We have a lot of homes under the $300,000 range which a couple of years ago would have been impossible for a buyer to find. Today, we have a lot to choose from in this range.

This weekend I have already shown 2 different buyers homes and tomorrow is the third buyer. If you are thinking of selling your Sunriver home now might be the time. If you purchased prior to 2004, you might be surprised to find you are not underwater like everyone keeps telling you.

Buyers, there are a lot of great homes in price ranges you would not believe. If you were priced out during the peak, come back and see what Sunriver has to offer. The prices, quality of homes and the rental possibilities are amazing.

Looking for something unique – check out this great home – under $300,000 with all the rustic touches this home will require a unique buyer. The video above is of deer that frequent the back side of this lot.

#2 Aspen Butte, Sunriver Oregon

Sunriver Homes Under $300,000

Thesa Chambers, Principal Broker — Mon, 17 Jan 2011 19:11:33 +0000

Remember the days when you could not touch a home in Sunriver for less than $300,000? Well times have changed – today we take a look at the homes available under $300,000 within the resort.

I have toured many of these homes and find a few that are pretty nice for the price point. A couple of them offer great unique features and great locations. Nope not all of them are on the tracks .

There are currently 57 properties under $300,000 in Sunriver, unbelievable prices for the savvy buyer. Check them out below!

Sunriver Condo Financing

Thesa Chambers, Principal Broker — Sat, 15 Jan 2011 16:25:47 +0000

Many Sunriver Condo owners have heard that financing a condo in Sunriver has become difficult if not impossible. This is only partially true, there are guidelines on condo financing that can lead to issues. Most of these issues the seller has absolutely no control over.

Today, Home Loan Ninjas explain some of these guidelines. Knowing what condominium projects are still eligible for financing could save a buyer a lot of time and emotion. Because eligibility will change with ownership status it is best to call Home Loan Ninja and see if the project you have an interest in is eligible.

Thanks Home Loan Ninjas for Your Continued Support and Assistance

When purchasing a condo with a loan in Sunriver your lender, REALTOR® and you the buyer need to be aware that there is a difference between a second home ownership and a vacation rental ownership. The percentage of owner occupied units in a complex is one of the issues that make a project financeable or not. However, a second home is not the same as a rental.

Making sure your REALTOR® and your lender have the most up to the minute information is extremely important in todays real estate environment.

Additional Ask The Mortgage Professional Articles

Looking for a mortgage professional?

I would encourage you to contact;

Jason or James – your Home Loan Ninjas at 503.799.4112 or you can visit their website and see more info about mortgages and what you should expect.

Condos–Can They Be Financed?

Thesa Chambers, Principal Broker — Thu, 13 Jan 2011 03:10:21 +0000

With some of the changes in lending financing a condo in Sunriver can be an issue. We are exploring different guidelines, some you as a buyer have no control over. In the near future I am going to ask Home Loan Ninjas to give us a list of the condos in Sunriver and how financing would be obtained.

Today we are going to speak in general. Condo financing has gotten a little strange to some of us. There are guidelines regarding how many of the units are owner occupied, and a few other obstacles. These guidelines are just one more reason why using a knowledgeable REALTOR® and Loan Officer.

There are currently 2 bank owned Sunriver condos on the market – one is in the Fairway Village Complex and the other is in the Meadow Houses – if you are considering purchasing one of these condos having a heart to heart with a lender is a very good idea.

Additional Ask The Mortgage Professional Articles

Looking for a mortgage professional? I would encourage you to contact;

Jason or James – your Home Loan Ninjas at 503.799.4112 or you can visit their website and see more info about mortgages and what you should expect.

Sunriver Oregon Bank Owned Homes

Thesa Chambers, Principal Broker — Thu, 06 Jan 2011 00:24:24 +0000

Sunriver has not been hit nearly as hard with the bank owned homes and short sales that other areas have but we do have a few. Today, our list is very short. List of Bank Owned Homes for January 5, 2011.

2 of the bank owned homes in Sunriver are condos and one is a single family residence. All 3 bank owned homes would make great second homes or vacation rentals.

19 Fairway Village is currently listed at $179,900 this condo is located near the Woodlands Golf Course. The units in this complex do have a garage, which is a single car garage, hot tubs are allowed. The units are what we refer to as reverse living, or what some would call split level. The master bedroom and bath, a powder room and great room featuring your living room, kitchen and dining area are on the upper level. 2 additional bedrooms and a bath are down stairs. Generally one of the bedrooms will have small deck off of it where a hot tub can go.

The Fairway Village Condo complex does have a swimming pool in the complex, the drive is paved along with all of the driveways. The North Pool is close to the complex and until the new Aquatics Center is open would be your closest pool.

4 Tamarack is currently listed at $189,900 this is a single family residence located near circle 11. Circle 11 location gives you a closeness to The sledding hill, the site of the new Aquatics Center, and the Village at Sunriver. This is a single story home with 2 bedrooms and 1.5 baths. There is no garage, the lot is very large at almost a quarter of an acre with a nice deck for outdoor living which is so popular in Sunriver. This home is close to the rail road tracks but is certainly priced to sell.

16 Meadow House is currently listed at $189,000. The Meadow house condos have a couple different floor plans to choose from. This floor plan is single level living, but this unit is an upstairs unit. They are designed similar to apartments, but do only have 4 units typically per building. This unit is close to the Village at Sunriver, where you can enjoy all the activities.

If any of these bank owned Sunriver Properties are of interest to you, give me a call, I would be happy to provide any additional information or go take our own photos of these properties. You can also have me send you bank owned or any search criteria directly.

How’s The Market in Sunriver? Getting Better!

Thesa Chambers, Principal Broker — Wed, 05 Jan 2011 16:21:00 +0000

I am personally tired of hearing about how bad the real estate market is in Sunriver Oregon. Ok, so prices have fallen and maybe we are only seeing about $200 a sq. ft. on many sales, but Sales are IMPROVING! Yep that’s right they are improving. Sunriver has had a few short sales and a few bank owned properties but very few in comparison to other Central Oregon Areas.

When you search for the number of sold, homes, condos and townhomes in Sunriver over the last three years the evidence is pretty clear, each year over the last three years the number of sales has increased.

In 2010 we saw 116 sales, now there could be a few stragglers since I am pulling this info just 5 days into the new year. In 2009 we had 102 sales and in 2008 we only had 94 sales. To me this shows that although prices may be lower sellers with equity can sell in the Current Sunriver market.

Don’t let the doom and gloom get you down – homes are selling in Sunriver, it is all about price and marketing. Let me show you what I do differently – and what Prudential can do for you!

Taking New Listings in Sunriver

Thesa Chambers, Principal Broker — Wed, 05 Jan 2011 03:46:18 +0000

The New Year has started and the skiers, boarders and snow lovers have arrived. I cannot tell you the last time I saw the Village at Sunriver so busy with happy vacationers as it was this last week.

Many times home owners in Sunriver are afraid to put their home on the market in the winter. Our stats over the last couple years has proven that Sunriver does sell in the winter. What a perfect time for a second home buyer to buy that loves the winter recreation. We all know that Summer gives us the most rental income, so if you love the winter you buy, enjoy and rent the home out all summer. Works perfectly for many.

What do I do differently? I am all about internet marketing, we all know that the majority of our buyers for Sunriver live elsewhere. They are not aware or do not have access to all the local printed advertising. I find that many of the websites I personally maintain for real estate have a lot of out of area folks surfing them, I believe in belonging to 2 Multiple Listing Services – one here locally so the local agents know your home is on the market, but also the RMLS which is an MLS that covers about 65% of the state. Many of you reading this are familiar with www.rmls.com .

I would be happy to provide you with a full internet marketing plan and a comparative analysis of your home. You can reach me via email, phone, comment or the space provided on the right.

The market in Sunriver is still active and things are moving. Although our sales seem slow the numbers are improving. Check in later this week for a break down of the Sunriver Real Estate market and sales over 2010.

Let’s get that Sunriver Home sold for you – call me today!