Team Thayer Property Servicing

Whether you are buying a car, real estate or even just a bottle of wine, people are always looking for the best possible deal. It may go without saying, but people love bargains. It may even be safe to say that people covet the real estate bargain most of all. A property listed below $50,000 may seem too good to be true. However, that is not always the case. Upon closer inspection, the property may need more work than meets the eye. While some properties are well worth their low sticker price, others may require so much work that their  value  isn’t worth the purchase. If you are on the fence as to whether or not an inexpensive property is right for you, here are some pointers to help with the decision: 1. Location:  Location  is one of the first things you need to look at when attempting to determine value. If there is no demand, a cheap property will do you no good. You should never make an opinion about a property without researching the area. Some seemingl...

Justin Lee Thayer / Eugene Oregon Listing Broker How does hiring the wrong real estate listing agent hurt your chances to get top dollar for your home? Here's four examples current real estate listings that will likely cost the homeowners money. Pictures of the home do not do it justice  - The  MLS can hold 16 pictures, and every listing should have all 16 filled up. Studies show that  properties with more pictures get more views online , and it's these online views that are the precursor to gaining visits to the property by ready buyers. Furthermore, the images utilized should "sell" the features and benefits of the portion of the home shown. So often, listing agents do not seem to have an agenda with the pictures they choose to include. For example, why on earth a listing agent would include the image on the right? It happens far more often than you might expect. Typographical errors in critical property descriptions  - Listing agent sloppiness costs home ...

Oregon Measure 91 As marijuana becomes legal in Oregon, those in the real-estate industry are finding the new laws have implications for properties of every variety, from residential to industrial to retail. Some of the issues pertain to the growing and processing of the plants; others pertain to the use of it in a rental property or one governed by a homeowner’s association. There are also some things that home buyers need to be aware of, to ensure they know what they’re purchasing. At the same time, some real-estate professionals are using this as a business opportunity nation wide. For example, the 420MLS is a website where people can find and post marijuana business opportunities, commercial space for future “cannabusinesses,” and marijuana-friendly living spaces. Another listing site for Colorado is PotProp.com. Legalization of Marijuana in Oregon The following are possible ways real estate may be affected by the legalization of marijuana in Oregon. Increas...

Concerns about the potential impact of higher interest rates have sent  real estate investment trusts on a roller coaster ride this year, after chalking up double-digit gains in 2014. Despite their recent fickle behavior, however, this asset class belongs in the diversified portfolios of long-term investors, experts say. What's more, the volatility could provide a buying opportunity. A REIT is simply a company that owns or finances income-producing real estate. Most REITs are traded on major stock exchanges, and investors can purchase a share of the REIT just as they would any other stock. One major draw of REITs is that they provide investors with a  regular income stream , as they typically pay out their taxable income as dividends to shareholders. In the low interest-rate environment that has prevailed in recent years, income investors have turned to REITs to generate potentially higher rates of return than more traditional income-generating investments, such as ...

Selling Secret #10: Pricing it right Find out what your home is worth, then shave 15 to 20 percent off the price. You’ll be stampeded by buyers with multiple bids — even in the worst markets — and they’ll bid up the price over what it’s worth. It takes real courage and most sellers just don’t want to risk it, but it’s the single best strategy to sell a home in today’s market. Selling Secret #9: Half-empty closets Storage is something every buyer is looking for and can never have enough of. Take half the stuff out of your closets then neatly organize what’s left in there. Buyers will snoop, so be sure to keep all your closets and cabinets clean and tidy. Selling Secret #8: Light it up Maximize the light in your home. After location, good light is the one thing that every buyer cites that they want in a home. Take down the drapes, clean the windows, change the lampshades, increase the wattage of your light bulbs and cut the bushes outside to let in sunshine. Do wha...