Wednesday, July 3, 2019

1206 Lottie Lane: Exciting Opportunity at this Spacious Salem Home!

Salem-Keizer OR Real Estate For Sale
1206 Lottie Lane NW, Salem, OR  9730401__Amy_McLeod__1206_Lottie_Lane_NW1.jpg06__Amy_McLeod__1206_Lottie_Lane_NW6.jpg10__Amy_McLeod__1206_Lottie_Lane_NW10.jpg12__Amy_McLeod__1206_Lottie_Lane_NW12.jpg16__Amy_McLeod__1206_Lottie_Lane_NW16.jpg23__Amy_McLeod__1206_Lottie_Lane_NW23.jpg30__Amy_McLeod__1206_Lottie_Lane_NW30.jpg33__Amy_McLeod__1206_Lottie_Lane_NW33.jpg04__Amy_McLeod__1206_Lottie_Lane_NW4.jpg
Opportunity is knocking at this spacious home in lovely Salem OR! Priced for as-is condition, this 3 bedroom, 3 full bath, one-level home that is possible for dual living or income property will not last long. Please look past our furnishings to the effortlessly flowing floor plan outfitted with low maintenance flooring, high ceilings, a stylish kitchen, neutral paint colors, recessed lighting, French doors, plus an attached 2 car garage! The lovely eat in kitchen features glistening granite counters with an eating bar and an abundance of cabinetry for plenty of storage. The dining area is bright and open and should fit your whole group. Vaulted ceilings create an alluring atmosphere in the living room, while a cozy fireplace in the family room sets the scene for a relaxing evening. These two large rooms make everyday living a breeze. The master suite provides plush carpeting, double closets and a private bathroom – a soothing retreat at days end. Looking for an extra income opportunity? This property provides a studio apartment with kitchenette and bath! The fenced backyard and patio needs some clean up but with your imagination and hard work, this space will provide endless outdoor enjoyment. Due to medical condition, please excuse our mess!
The McLeod Group Network has distinguished themselves as a leader in the Salem Oregon real estate market. As a full service, real estate team - focused on working with our Seller and Buyer clients to help achieve their real estate goals!
We bring a keen eye for the details of buying or selling a Salem Oregon home and seemingly boundless determination and energy, which is why our clients benefit from our unique brand of real estate service. Rooted in Tradition, focused on the Future –The McLeod Group Network will help make the most of your Salem Oregon real estate experience. With over 40 years of combined experience, you can rest assured that your real estate transaction will be handled and cared for with the utmost respect and attention to detail. Give us a call today 503-798-4001 and discover the difference we can make during your family's move.

Monday, July 1, 2019

7 Myths About Buying a Foreclosure Home That'll Surprise Deal Seekers

Considering buying a foreclosed home? Any home buyer looking to pay below market value should be paying attention to foreclosure listings. But the process of buying a repossessed home is full of misconceptions—and we're here to help separate the false stereotypes from the reality.
These are some common myths that need to be set straight.

Myth 1: The house must be bought in cash

That all depends on what stage a foreclosure property is in, says Bill Gassett with Re/Max Executive Realty in Hopkinton, MA. If the home is in pre-foreclosure or “short sale,” the buyer does not need to shell out an all-cash offer.
“They can procure a mortgage just like any traditional sale,” Gassett says.
If the bank sells a property at public auction, the mortgage holder usually does require that the home is bought with cash and mortgage contingencies are not allowed in the sale.
If you don't have a lot of cash on hand but know you'd like to buy a home in foreclosure, Bobbi Dempsey, author of "Idiot’s Guide to Buying Foreclosures," suggests drawing from a line of credit obtained using current property.
When the foreclosure is a bank-owned property, Gassett says the bank is usually actively looking for an end buyer.
“The purchaser of a bank-owned property is almost always able to procure a mortgage as part of the contract with the bank,” he says.

Myth 2: Buyers forfeit their right to have a home inspection

Definitely not true! Buyers have the right to do a home inspection and ask for repairs, but banks or sellers aren’t required to make them, says Rob Jensen, broker and president of Rob Jensen Co., in Las Vegas. But home inspections are actually encouraged since nearly all banks sell their foreclosed homes in as-is condition, and want to avoid liability down the line.
“It is common for structural, electrical, and plumbing issues that pertain to the safety and integrity of the home to be repaired, but there's no guarantee,” says Jensen. “Every bank and every deal is different.” However, don't count on the bank to fix those cosmetic issues.
Jensen says paint, carpet stains, and other minor blemishes are not likely to be addressed.
Buyers considering a foreclosure should make sure the sales contract has a contingency clause that requires a passing home inspection. This way, buyers can either choose to accept any issues with the home or back out of the contract.
With courthouse sales, however, homes are sold as they are, with no inspection.

Myth 3: Foreclosure homes require huge overhauls

It's incorrect to assume that all homes in foreclosure are in shoddy condition. A large percentage of foreclosures are the result of job loss, illness, death, divorce, or even fluctuations in the real estate market, which means many of these homes were well maintained and may need only minor touch-ups.
“It quite often depends on the attitude of who last owned the property and whether or not they went out of their way to destroy the place,” says Jensen.

Myth 4: Foreclosures sell at heavy discounts

A common belief is that a foreclosure home will sell for at least half of its original value. But remember, the bank still wants to make a profit. Buying a foreclosure home can save you green, but the seller will hold out for the maximum price possible.
Home buyers often make a beeline to foreclosures because they think they can get a home for pennies on the dollar. But, Jensen says, by the time they factor in the time and renovation costs, they may reconsider.
“Foreclosures can provide opportunity to save, but you usually need time and extra cash to take advantage of it,” he says.

Myth 5: Foreclosure homes carry hidden costs

The fear of hidden costs may send would-be buyers running, but it’s not necessarily a worthwhile concern.
"A lot of the costs involved are typical for any real estate purchase—things like inspections, appraisals, transfer fees, etc.,” says Dempsey.
Yes, repairs or liens on a foreclosure can prove costly, but a home inspection will reveal any potential problems during escrow (this is where that inspection contingency comes in handy).
Also, the property deed can be researched on a foreclosed home. And, buying a HUD home or REO (or real estate–owned property) means the Department of Housing and Urban Development is required to clear the title of liens before it resells the home. Lenders will usually clear them, too, but buyers should make sure of that before they purchase.
“Generally speaking, there are not any more hidden expenses in purchasing a foreclosed home than there would be in a traditional sale,” says Gassett.

Myth 6: Foreclosures lose value faster than regular homes

Foreclosed homes actually tend to rise quickly in value. With any home, there’s no guarantee it will deliver increases, but buying a foreclosure sold below market value can provide instant equity. And any extra work done to the home can only increase the value.
“There are a variety of factors that influence home values, including economic conditions, local market conditions, and the overall condition of the property,” says Andrew Leff, senior vice president and head of strategic alliance programs at Wells Fargo in New York City.

Myth 7: Buying a foreclosure is risky

Let’s be honest. Any real estate purchase comes with risk. Gassett says the only scenario where there’s some extreme risk is when buying at auction, since you are buying the property as is. Buyers are not able to conduct a professional home inspection and often not even able to see the inside of the property. Plus, they will be inheriting whatever came with the home.
“For example, if there is a lien on the property, you could become responsible for it. When buying a home at auction, it is essential to do a title search first,” says Gassett.
Leff says buyers should be informed before entering into any type of real estate transaction. This means aligning themselves with resources that can help them navigate the purchase and financing process with confidence.
“A knowledgeable real estate agent and lender can help ensure that a buyer is making an educated decision so that the property and any resulting financing is the right fit for them,” says Leff.
Contact The McLeod Group Network for all your real estate needs! 971.208.5093 or admin@mgnrealtors.com.
By: Realtor.com, Anayat Durrani

Wednesday, June 26, 2019

3363 Pioneer Dr: Classic 1950s Charmer Loaded with Updates!

Salem-Keizer OR Real Estate For Sale
3363 Pioneer Dr SE, Salem, OR  97302
Charm and character flourish in this classic 1950s charmer loaded with updates throughout! Mature landscaping surrounds this picture perfect beauty and with the many large windows you know the inside is filled with natural light! The inviting great room with a wood burning fireplace is an impressive first stop on this gorgeous home tour. This spacious room is ideal for entertaining and everyday function. Opening to an updated kitchen where painted cabinets, a tile backsplash, pantry and island with cook top is sure to please the chef. Easy access to the patio and backyard lets you entertain inside and out. This private oasis will be your new favorite spot for outdoor living, grillin’ and chillin’ this summer! Two bedrooms and a full bath are on the main level, while the master, a possible 4th bedroom and second full bath with laundry are located on the lower level – this creates privacy and room to grow. Enjoy extra living space in the lower level family room. Dual living possible too! 3363 Pioneer Dr is conveniently located close to shopping, dining and entertainment. There is so much to love in quality and location – make this sweet retreat yours today!
The McLeod Group Network has distinguished themselves as a leader in the Salem Oregon real estate market. As a full service, real estate team - focused on working with our Seller and Buyer clients to help achieve their real estate goals!
We bring a keen eye for the details of buying or selling a Salem Oregon home and seemingly boundless determination and energy, which is why our clients benefit from our unique brand of real estate service. Rooted in Tradition, focused on the Future –The McLeod Group Network will help make the most of your Salem Oregon real estate experience. With over 40 years of combined experience, you can rest assured that your real estate transaction will be handled and cared for with the utmost respect and attention to detail. Give us a call today 503-798-4001 and discover the difference we can make during your family's move.

Tuesday, June 25, 2019

293 Whispering Pines Loop: Fontana Pines Home Loaded with Updates!

Salem-Keizer OR Real Estate For Sale
293 Whispering Pines Loop SE, Salem, OR  97317


Move in ready and just waiting for you to arrive – 293 Whispering Pines Loop, in Fontana Pines, offers recent updates and a convenient location! The open floor plan features 3 spacious bedrooms, 2 full baths, newer laminate floors and counters, vaulted ceilings, neural colors, recessed lighting, plus an attached 2 car garage – all this and more awaits one lucky buyer! The open kitchen, dining and living room is the perfect spot for entertaining guests and comfortable everyday living. An abundance of cabinet and counter space, plus newer appliances are sure to please in this lovely kitchen. A modern chandelier highlights the dining space, while the breakfast bar is open to the living room. A large window and sliding doors fill the room with natural light. Plush carpeting, a walk in closet and private en suite make this master a delightful space to unwind after a long day. The two secondary bedrooms are ample sized with a shared full bath. There is plenty of room in the fenced backyard with a nice patio area – perfect for summer entertaining! Do not miss out on this charming Salem OR home!

The McLeod Group Network has distinguished themselves as a leader in the Salem Oregon real estate market. As a full service, real estate team - focused on working with our Seller and Buyer clients to help achieve their real estate goals!

We bring a keen eye for the details of buying or selling a Salem Oregon home and seemingly boundless determination and energy, which is why our clients benefit from our unique brand of real estate service. Rooted in Tradition, focused on the Future –The McLeod Group Network will help make the most of your Salem Oregon real estate experience. With over 40 years of combined experience, you can rest assured that your real estate transaction will be handled and cared for with the utmost respect and attention to detail. Give us a call today 503-798-4001 and discover the difference we can make during your family's move.

Monday, June 24, 2019

Do You Get Your Earnest Money Back at Closing?

Do you get your earnest money back at closing? If you're buying a house and planning to finance the purchase with the help of a mortgage, the question is bound to come up. The short answer is: You don't usually get your earnest money back at closing.
But hold on! Sometimes earnest money is returned at closing. What? Read on to find out what happens to your earnest money at closing.

What is earnest money, anyway?

So you've heard the term "earnest money" thrown around during the purchase process, and you're not quite sure what it means? Sometimes called "good-faith money" or a deposit, earnest money is a sum that home buyers put down when they make their offer on a house, to show they're committed to the purchase.
Earnest money (typically about 1% to 2% of the amount you plan to pay for the house) is put down by a buyer within five days of an offer being accepted by a seller. The money is then deposited into an account by an escrow agent.
Maybe you've heard it called "going into escrow"? That's because the escrow officer will set the earnest money aside while you continue the steps of buying a house, such as getting an appraisal so your bank will approve the purchase or sending a home inspector to the house to ensure there are no reasons you should back out of the deal. They can't touch that money during that time, and neither can the seller!

Do I get my earnest money back at closing?

If the appraisal comes through at a price that makes your lender happy, and the home inspection doesn't turn up anything alarming, eventually you'll get to closing—the end of the home-buying process—when you pay the seller and walk away with keys to your new castle.
This is when your escrow agent is going to pull your earnest money out of escrow. What happens with it next is typically dependent on the sort of earnest money that was put down, says Keith Lucas, broker and owner of the Charleston Real Estate Company, in Charleston, SC.
If you put down cash (which is nearly always the case), the earnest money is traditionally applied to closing costs or toward your down payment—the portion of the sale price that buyers pay on their own in conjunction with a mortgage.
But there are times when you might get the earnest money back. Maybe you have secured a loan with no down payment required, such as a Veterans Affairs loan or a mortgage backed by the U.S. Department of Agriculture. If that happens, the earnest money will be applied to closing costs instead of down payment. If there's money left over after the closing costs are paid, you will get the surplus back.
But sometimes the earnest money isn't actually money at all.
Wait a second. How can there be money that isn't, well, "money"? It turns out, sometimes that good-faith deposit can just be something of "good and considerable value."
"There are cases where a watch, car, boat, real estate, or precious metals have been used as an earnest deposit," Lucas says. "In that case it might be returned to the buyer or liquidated by the seller and put toward the purchase price at closing."
Bottom line: Even if you don't get your earnest money back at closing, don't worry! That big chunk of change you put down at the beginning of the home-buying process hasn't disappeared. It's been used to help pay for your brand-new house.
Starting the search for your new homeContact The McLeod Group Network for all your real estate needs! 971.208.5093 or admin@mgnrealtors.com.
By: Realtor.com, Jeanne Sager

Friday, June 21, 2019

1453 Leslie Wind Ln: Beautiful 3 Bedroom Fairview Addition Home!

Salem-Keizer OR Real Estate For Sale
1453 Leslie Wind Lane SE, Salem, OR  97302
Beautiful Cornwall Cottage being built by Olsen Design & Development! The well thought out home boasts 3 spacious bedrooms, 2.5 baths, gleaming wood floors, a gas fireplace, gourmet kitchen, soothing master suite and low maintenance living close to everything! An open living area is perfect for entertaining and function. Full height tile backsplash and stainless steel appliances give this kitchen a stylish touch. Solid surface counters in all bathrooms. On the lower level you will find a second living space, the third bedroom and a full bath. Enjoy the community garden, pocket parks, and soon an amphitheater – all part of the desirable lifestyle here at Fairview Addition! Start living the good life at 1453 Leslie Wind Lane!
The McLeod Group Network has distinguished themselves as a leader in the Salem Oregon real estate market. As a full service, real estate team - focused on working with our Seller and Buyer clients to help achieve their real estate goals!
We bring a keen eye for the details of buying or selling a Salem Oregon home and seemingly boundless determination and energy, which is why our clients benefit from our unique brand of real estate service. Rooted in Tradition, focused on the Future –The McLeod Group Network will help make the most of your Salem Oregon real estate experience. With over 40 years of combined experience, you can rest assured that your real estate transaction will be handled and cared for with the utmost respect and attention to detail. Give us a call today 503-798-4001 and discover the difference we can make during your family's move.

Thursday, June 6, 2019

1020 Harbour Lane: Picture Perfect Avalon Meadows Home!

Salem-Keizer OR Real Estate For Sale
1020 Harbour Lane NE, Keizer, OR  97303

Beautiful! Immaculate! Like new! Move-in ready!  Are these qualities on your wish list? If so, this desirable Avalon Meadows home is your dream come true! This picture perfect two-story features a spacious open floor plan highlighted by 3 bedrooms, 2.5 baths, gleaming wood floors, a stylish kitchen, neutral colors, recessed lighting, modern fixtures, central air, plus an attached 2 car garage, fenced yard and patio for outdoor entertaining! The sun filled living room offers a cozy gas fireplace setting the scene for comfort and relaxation. Open to the dining area and kitchen, this space is ideal for entertaining and everyday function. Luxurious granite counters, stainless steel appliances and loads of cabinet space make this kitchen a delightful space. Upstairs you will find 3 generously sized bedrooms including the master suite with a walk in closet and private bath. The two secondary bedrooms share a Jack and Jill bathroom. Laundry room with storage helps you stay organized. Offering so much in quality and location, 1020 Harbour Lane will not last! Come take your private tour today!
The McLeod Group Network has distinguished themselves as a leader in the Salem Oregon real estate market. As a full service, real estate team - focused on working with our Seller and Buyer clients to help achieve their real estate goals!
We bring a keen eye for the details of buying or selling a Salem Oregon home and seemingly boundless determination and energy, which is why our clients benefit from our unique brand of real estate service. Rooted in Tradition, focused on the Future –The McLeod Group Network will help make the most of your Salem Oregon real estate experience. With over 40 years of combined experience, you can rest assured that your real estate transaction will be handled and cared for with the utmost respect and attention to detail. Give us a call today 503-798-4001 and discover the difference we can make during your family's move.

Wednesday, June 5, 2019

The Feeling You Get from Owning Your Home

We often talk about the financial reasons why buying a home makes sense. But, more often than not, the emotional reasons are the more powerful and compelling ones.
No matter what shape or size your living space is, the concept and feeling of home can mean different things to different people. Whether it’s a certain scent or a favorite chair, that feeling of safety and security you gain from owning your own home is simultaneously one of the greatest and most difficult to describe.

Frederick Peters, a contributor for Forbesrecently wrote about that feeling, and the pride that comes from owning your own home.

“As homeowners discover, living in an owned home feels different from living in a rented home. It’s not just that an owner can personalize the space; it touches a chord even more fundamental than that.

Homeownership enhances the longing for self-determination at the heart of the American Dream. First-time homeowners, young or old, radiate not only pride but also a sense of arrival, a sense of being where they belong. It cannot be duplicated by owning a 99-year lease.”

Bottom Line
Owning a home brings a sense of accomplishment and confidence that cannot be achieved through renting. If you are debating renewing your lease, let’s get together before you do to answer any questions you may have about what your next steps should be, and what is required in today’s market!

Starting the search for your new home? Let the professionals with The McLeod Group Network help you find your dream home! 971.208.5093 or admin@mgnrealtors.com

By: KCM Crew

Monday, June 3, 2019

2274 Manzanita St: Conveniently Located 4 Bedroom Home!

Salem-Keizer OR Real Estate For Sale
2274 Manzanita St NE, Keizer, OR  97303
IT JUST DOESN'T GET MORE CONVENIENT THAN THIS! Close to Keizer Station, I-5 and all the city conveniences, 2274 Manzanita St has SO much to offer in location and quality! This sprawling one story home it outfitted with 4 bedrooms, 2 full baths, easy care flooring, spacious rooms, tons of natural light, neutral paint colors, quality landscaping and an attached 2 car garage for all your storage needs. Enter into a sun filled formal living room where you could happily linger all day with a good book.  A toasty wood burning stove with a brick surround is the focal point in this large family room connecting to the kitchen. Tile counters, a walk in pantry, a new stove and newer dishwasher, plus abundant cabinet space in this lovely kitchen are sure to excite the chef in your bunch! The formal dining room is perfectly situated between the kitchen and living room for easy serving and after dinner relaxing. The four generously sized bedrooms come complete with plentiful closet space, durable wood laminate, plus the master gets a walk in closet and private en suite. Enjoy grillin’ and chillin’ on the back patio overlooking your fenced yard with mature shrubs and bushes, plus raised garden beds. This McLeod Estates home has been nicely maintained and is just waiting for you to call it home!
The McLeod Group Network has distinguished themselves as a leader in the Salem Oregon real estate market. As a full service, real estate team - focused on working with our Seller and Buyer clients to help achieve their real estate goals!
We bring a keen eye for the details of buying or selling a Salem Oregon home and seemingly boundless determination and energy, which is why our clients benefit from our unique brand of real estate service. Rooted in Tradition, focused on the Future –The McLeod Group Network will help make the most of your Salem Oregon real estate experience. With over 40 years of combined experience, you can rest assured that your real estate transaction will be handled and cared for with the utmost respect and attention to detail. Give us a call today 503-798-4001 and discover the difference we can make during your family's move.

Saturday, June 1, 2019

4788 Tate Ave: Gorgeous Haley Estates Home with Secret Garden!

Salem-Keizer OR Real Estate For Sale
4788 Tate Avenue N, Keizer, OR  97303
01_Tate (1).jpg08_Tate9.jpg11_Tate12.jpg16_Tate17.jpg21_Tate22.jpg27_Tate28.jpg39_Tate40.jpg42_Tate43.jpg43_Tate44.jpg
Today is your lucky day! This quality Darrel Beam home is a must see in Haley Estates! High ceilings, new engineered hardwood floors, recessed lighting, neutral colors, an attached 2 car garage, and your own secret garden with a white picket fence could all be yours at 4788 Tate Avenue! A charming front porch welcomes you in to your first stop in an elegant formal dining room where guests are sure to enjoy a dazzling evening. The open kitchen and great room are next… granite countertops, a large seating bar, stainless steel appliances, pantry, gorgeous cabinetry, vaulted ceilings and a toasty gas fireplace create a warm and inviting atmosphere for everyday living. Sliding doors lead to the covered patio and fenced backyard to enjoy endless summer fun! Vaulted ceilings continue into the master suite where lush carpeting, a walk in closet and private bath are waiting to relax and pamper you. The two secondary bedrooms and a shared full bath provide room for everyone. Laundry room with cabinetry helps you stay tidy and organized. A garden shed and greenhouse help you keep this outdoor space gorgeous with its mature trees, flowers and shrubs. Appreciate an RV area, plus the close proximity to all city services and amenities.  Enjoy that all-too-rare feeling that tells you to “relax…you are finally home”.
The McLeod Group Network has distinguished themselves as a leader in the Salem Oregon real estate market. As a full service, real estate team - focused on working with our Seller and Buyer clients to help achieve their real estate goals!
We bring a keen eye for the details of buying or selling a Salem Oregon home and seemingly boundless determination and energy, which is why our clients benefit from our unique brand of real estate service. Rooted in Tradition, focused on the Future –The McLeod Group Network will help make the most of your Salem Oregon real estate experience. With over 40 years of combined experience, you can rest assured that your real estate transaction will be handled and cared for with the utmost respect and attention to detail. Give us a call today 503-798-4001 and discover the difference we can make during your family's move.