http://www.eugenehomesbycathy.com/property/1499-Kellogg-Road-Springfield-Oregon-2

Directions: Centennial to Aspen to 1499 Kellogg.

http://www.eugenehomesbycathy.com/property/1370-Vine-Court-Junction-City-Oregon

Call for your showing appointment!  541-579-5566

March is also a good time to sell your home!

Call me and we can plan to sell your home

for the most money in the shortest time possible!

541-579-5566

Mark Watkins, Financial Advisor, Edward Jones

3067 W 11th Ave, Eugene, OR  97402

(541) 431-4400

http://www.edwardjones.com/en_US/market/news/perspective/index.html

#1: Just because it's a buyer's market doesn't mean you should buy right now. Don't let the lucrative market dictate a buying decision if the time isn't absolutely right. Potential homebuyers need to ask themselves if they have a good credit score, if their job is secure and if they can stay in the home for a few years. If the answer to these questions is "no," it might make more sense to wait until life and finances are more stable.

#2: The cost of owning a home is more than just the purchase price. On top of a mortgage payment, there are several monthly fees and expenses any first-time buyer should consider when becoming a homeowner: insurance, property taxes, utilities and maintenance. Think about scaling back the home price in order to better budget for the entire package.

#3: Programs are out there to help first-time buyers. A sizeable down payment is great to have for a home purchase, but not everyone can afford to fork over 20 percent upfront. Fortunately, there are many federal, state and local programs geared toward helping first-time homebuyers with down payments, interest rates and loan terms sure to make the whole process and affordability a bit easier.

#4: Foreclosures and short sales present great deals, but proceed with caution. Buying a foreclosed or short sale home can be a risky proposition for a first-time buyer. Foreclosures are often sold "as-is," while a short sale transaction can be lengthier and more complicated than a typical home purchase. First-timers should consult an agent or attorney with specialization in these areas.

#5: Getting pre-approved for a loan gives you more buying power. Obtaining lender pre-approvals are important because it establishes a homebuyer's maximum purchase price, shows sellers that the buyer is serious about buying a home and lets the homebuyer compare interest rates and terms to find the best deal.

#6: Good school districts boost property value. One of the most important aspects of a home's value is the neighborhood where it's located. Even if the homebuyer does not have kids, buying a home near sought-after schools can help the resale value.

#7: You may be able to access your tax credit upfront. Buyers using FHA-insured mortgages can apply their tax credit toward their home purchase immediately, rather than waiting until they file their income taxes to receive a refund. Prospective buyers who believe they qualify for the credit are also allowed to reduce their income tax withholding, therefore increasing their take-home pay.

#8: Not all real estate agents represent buyers. There are three types of agents: listing agents, who represent sellers and help them get the best price; buyers' agents, who represent buyers and protect their interests; and agents who represent either (or both). Often, first-time buyers prefer to work exclusively with a buyer's agent so there are no possible conflicts of interest.

#9: Doing your homework can help you make a competitive offer. Before buying the home, determine the property's market value by having the realtor conduct a comparative market analysis. This report will show what buyers were willing to pay for similar homes in the area, giving a good idea of what will make a fair offer.

#10: It's important to have a back-out plan. Before signing on the dotted line, make sure to have a contingency plan in case things don't go as planned in the home inspection or appraisal. If the home has a major flaw or doesn't appraise for the purchase price, an escape plan allows the contract to be voided.

Give me a call and we can find that perfect home before the tax credit deadline.

541-579-5566

http://online.wsj.com/article/SB10001424052748703652104574652180221831574.html?mod=djemRealEstate

BRRRRRR!  All this cold air reminds me about an the online energy that EWEB provides!  Here is your link: http://www.eweb.org/energyanalysis.   This feature will give you tips and costs.   I found out that my home uses $1.00 more electricity per year than the average home! 

You may also use this feature if you are planning to purchase a home in the EWEB coverage area! 

Inventory is now at 6.2 months. This is fairly low.  The last time inventory was under 6.2 months was in July of 2007.  At that time the inventory was at 6 months.   Might be a good time to consider putting a property on the market!

When we compare October 2009 with October 2008, we see that pending sales fore 41.7% and closed sales increased by 5.7%.  Total market time is down 4.1 % This means days on market October 2009 was at 107 and day on market October 2008 was 112.

For a complete report, call 541-284-4132 or email me at cathyreal@comcast.net.  I will send you a complete report and will be happy to discuss all your real estate needs.

"President Obama signed into law legislation that extends and expands the first-time homebuyer tax credit this morning. This enacts the legislation into law making the extension and expansion effective immediately after today. To learn more about the jobless benefit extension and the extension of the homebuyer tax credit visit: Obama signs jobless benefit extension.  "

2740 W. 18th Ave. Eugene

3 bedrooms/1 1/2 Bath/ 1285 sq ft/ $207,000

Great home, convenient location!

Total remodel in 2006 with new plumbing, carpet, flooring, and MORE.

Spacious kitchen, formal dining, formal living,and family room.

Location provides easy access to most everything!

Come and take a look on Suday!

Edward Jones Report - The Cost Of Market Timing Strategy Report