Team Thayer Property Servicing

Justin Lee Thayer / Oregon Property Disclosure Statement A seller’s disclosure form is an opportunity for the buyer to learn about know damages to the property while also providing insight to the seller’s experience in it.  This form includes the seller’s knowledge of the condition of the property as of the date signed by the seller. The form is not a warranty of any kind by the seller and is not a substitute for any inspections or warranties the buyer may wish to obtain. The form will indicate what items the property has but not does not mean they convey such as appliances.  Disclosure forms reveal things such as any physical defects to the house along with hazards such as lead paint. It is the buyer’s responsibility to find out any past damage inflicted to the house. Seller’s disclosure forms can reveal things such as: Leaky windows Damages to walls Any construction that is nearby Natural hazards around the home Borderlines for property Any deaths on the pro...

5 home selling mistakes with Team Thayer 1. Trying to sell your home yourself In this DIY era, the urge to try to sell your home yourself to save money can beckon like the smell of oven-fresh cookies at an open house. Resist.  Working with a licensed agent  helps ensure you’re not leaving money on the table as a result of an off-target listing price or a mistake in the many steps that lead to a final sale. Sell your sofa yourself online. List your home with a professional. 2. Picking the wrong Realtor Not all agents are equal. Just because your college buddy dabbles in the industry doesn't mean he’s the best guy to sell your home. You want experience. You want to  work with an agent  who has a depth of knowledge. Invite your buddy to the house-warming party.  Find an agent  who can truly perform. Do you research.  Top Home Sales Mistakes 3. Pricing your home too high Sometimes it’s good to aim high...

Mortgage Rates At All-Time Lows 2015 is another great year for housing in America. Home sales are on the rise, home supply is diminishing, and prices are skyrocketing in most places. To top it all off, mortgage rates are dropping like stones. What’s a person to do in a red-hot market like this? Aside from buying a home, you can start flipping like those guys on TV! 30-year mortgage rates are below 4% nationwide, their lowest levels of all-time. Many lenders now quote rates and APR in the 3s; with rates for  FHA  and  VA loans  beating rates for conventional loans. Lower mortgage rates mean lower monthly payments. Unfortunately, many  first-time homebuyers  are still under the impression that they must start out by putting 20% down. This simply is not true. Most mortgage programs today require little or no money down. No Need To Put Down 20% Buyers in today don’t need 20 percent down. Many believe they do. The reason buyers beli...

T he world of real estate can be confusing, and sometimes, even with careful planning, mortgage payments can be difficult to make . If you find yourself faced with options like foreclosure, bankruptcy or a short sale, it’s important to understand your choices. A short sale is for those who do not qualify or do not want to  refinance their home mortgages . In this situation the seller can accept a lower bid for the property to increase the chances of a quicker sale. This requires that the lender agree to accept a payment lower than the balance owed on the mortgage. The lender takes a loss but gets at least some (or even most) of its money and both parties  avoid foreclosure . The Process Short sales can be a long and complicated process and require a streamlined communication line between seller and mortgage lender. Most creditors require that the borrower show that financial hardship is preventing them from making mortgage payments. Different c...

New Bank Foreclosure to be listed tomorrow. 902 S 59th Springfield Or. Huge 4 bed 2 bath manufactured on land with a full studio apartment over a large shop. Only $114k!!! Call Justin Thayer @ 541-543-7287 Find out more information about buying foreclosure properties. Click the TeamThayer.com link below. www.teamthayer.com

When buying a home, mortgage lenders tend to be very strict on whether or not they will allow you to take a loan for a mortgage as a result of the recent housing bubble and consumers defaulting on loans. If the lender that you are speaking with is asking a lot of questions, don’t panic! Usually they are trying to figure out ways to assist you in getting the best possible mortgage rate. When working with a lender, you must first educate yourself on the standards that they are going to be looking at when it comes to whether or not they will provide you with a mortgage. Mortgage lenders are chiefly concerned with your ability to repay the mortgage. To determine if you qualify for a loan, they will consider your credit history, your monthly gross income and how much cash you’ll be able to accumulate for a down payment. Once those factors have been explored and you have been approved for a loan by one of the mortgage lenders, be sure to prepare yourself for buying your dream home. Be su...