Kelly's Blog

Pricing

Price: $490,000.00

Flexibility: Negotiable

Property Location

6 Pathfinder Lane
Sunriver, OR 97707
View Map

Features

Bedrooms: 4

Bathrooms: 3

Year Built: 1979

Lot Size: .2

Garage Size: 2

School District: Bend - LaPine

Square Footage: 2834

Agent Name: Brad Winch

Broker: Dianne Willis

MLS #: 2906142

Attributes

Appliances

Range/Oven

Full Refrigerator

Washer/Dryer

Dishwasher

Sink Disposal

Microwave

Interior Amenities

Fireplace

Hardwood Floors

Vaulted Ceilings

Photo Gallery

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VFLYER ID: 2615805

Consequences of a Foreclosure vs. a Short Sale

Kelly Winch, Broker, CDPE (ReMax Sunset Realty ~ Sunriver Oregon) — Sun, 26 Jul 2009 14:09:22 -0500

While studying for the CDPE I came accross this information regarding some of the consequences a seller faces when they have a property foreclosed vs. a successful short sale.

Issue	Foreclosure	Successful Short Sale
*Security Clearances*	This is the most challenging issue against a security clearance outside of a conviction of a serious misdemeanor or felony. If you have a foreclosure and are a police officer, in the military, in the cia, security or any other position that requires a security clearance in all most all cases the clearance will be revoked and the position may likely be terminated.	A short sale on its own will not challenge most security clearances
*Current Employment*	Employers have the right and are actively checking the credit regularly of all employees who are in sensitive positions. A foreclosure in many cases is grounds for immediate reassignment or termination	A short sale is not reported on a credit report and is therefore not a challenge to employment
*Future Employment*	Many employers are requiring credit checks on all job applications. A foreclosure is one of the most detrimental credit items an applicant can have and in most cases could challenge employment.	A short sale is not reported on a credit report and is therefore not a challenge to employment
*Deficiency Judgment*	In 100% of foreclosures the bank has the right to pursue a deficiency judgment.	In some successful short sales it is possible to convince the lender to give up the right to pursuit a deficiency judgment against the homeowner.
*Future Fannie Mae Loan* *Primary Residence*	A homeowner who loses a home to foreclosure is ineligible for a Fannie Mae backed mortgage for a period of 5 years.	A homeowner who successfully negotiates and closes a short sale will be eligible for a Fannie Mae backed mortgage after only 2 years.
*Future Fannie Mae Loan* *Non-Primary*	An investor who allows a property to foreclose is ineligible for a Fannie Mae backed investment mortgage for a period of 7 years.	An investor who allows a property to short sale is eligible for a Fannie Mae backed investment mortgage after only 2 years.
*Future Loan -Any Mortgage Company***	On any future 1003 application, a borrower will have to answer yes to question C in section VIII that's asks "have you had property foreclosed upon or given title or deed in lieu thereof in the last 7 years". This will affect future rates and approvals	There is no similar question regarding a short sale.
*Credit Score*	Score may be lowered anywhere from 250 to over 300 points. Typically it will affect the score for over 3 years.	Only late payments on mortgage will show and after sale mortgage will be reported as paid or negotiated. This will lower the score as little as 50 points if all other payments are being made. A short sales affect can be as brief as 12 - 18 months.
*Credit History*	Foreclosure will remain as a public record for 10 years or more.	Short sale is not reported on a credit history. There is no specific reporting item for "short sale". The loan is typically reported as paid in full, settled.

Remodeled Sunriver Home in Great Location

Kelly Winch, Broker, CDPE (ReMax Sunset Realty ~ Sunriver Oregon) — Wed, 20 May 2009 18:45:28 -0500

13 Puma Lane, Sunriver Oregon $414,500

Location: Sunriver

3 bedroom/2 bathroom updated, remodeled, well furnished Sunriver Home. Good location next the mall/sledding hill and very private, not backing up to busy road/bike path or RR tracks. Very well furnished (see inventory list). Two separate areas for adults/kids to watch t.v./movies etc. Kitchen and both bathrooms nicely remodeled with new appliances. Roof is one year old. New hot water heater. A/C. Home itself has cabin type feel with tongue and groove ceilings, gas fireplace. Nice deck areas and hot tub.

Home would make an excellent vacation rental, second home or retirement home.

Information

Contact Information

Kelly and Brad Winch

541-390-0398

Pricing

Price: $414,500.00

Flexibility: Negotiable

Property Location

13 Puma Lane
Sunriver, OR 97707
View Map

Links

My Web Site

Features

Bedrooms: 3

Bathrooms: 2

Year Built: 1985

Garage Size: 1

School District: Bend-LaPine

Square Footage: 1525

Agent Name: Kelly Winch

Broker: Dianne Willis

MLS #: 2904735

Attributes

Appliances

Range/Oven

Full Refrigerator

Washer/Dryer

Dishwasher

Sink Disposal

Microwave

Interior Amenities

Fireplace

Kitchen Island

Vaulted Ceilings

Exterior Amenities

Hot Tub

Photo Gallery

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VFLYER ID: 2505646

Sunriver Oregon ~ Cluster Cabin $254,000

Kelly Winch, Broker, CDPE (ReMax Sunset Realty ~ Sunriver Oregon) — Tue, 28 Apr 2009 14:43:25 -0500

Sunriver Oregon ~ Cluster Cabin

Location: Sunriver, OR

The Cluster Cabin is located near the village and Sunriver resort. Newly renovated with hardwood floors, slate entry way and new front door. Very well maintained and recently remodeled. Sold furnished with a great northwest decor package. Large back deck overlooking common area. Turnkey ready for a vacation rental or second home.

Information

Contact Information

Kelly and Brad Winch

541-390-0398

Pricing

Price: $254,000.00

Flexibility: Negotiable

Homeowner Dues: $63.00 per month for SROA and $400 per qtr for Cluster Cabin

Property Location

31 Cluster Cabin
Sunriver, OR 97707
View Map

Links

My Web Site

Features

Bedrooms: 2

Bathrooms: 2

Year Built: 1969

School District: Bend/La Pine

Square Footage: 1008

Agent Name: Kelly Winch

Broker: Dianne Willis

MLS #: 2902963

Attributes

Appliances

Range/Oven

Full Refrigerator

Washer/Dryer

Dishwasher

Sink Disposal

Microwave

Interior Amenities

Fireplace

Hardwood Floors

Vaulted Ceilings

Building Amenities

Guest Parking

Photo Gallery

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http://www.villageatsunriver.com/redevelopment.html

VFLYER ID: 2370176

Latest on the NEW Sunriver Village Mall

Kelly Winch, Broker, CDPE (ReMax Sunset Realty ~ Sunriver Oregon) — Tue, 28 Apr 2009 14:29:02 -0500

After numerous false starts I am cautiously optimistic that the new owners of the Sunriver Village Mall are on to something.

The new owners operate on an all cash basis...they paid cash for the mall and will pay cash for the improvements. In other words no debt to service. That is a big plus in this economic environment.

They will be injecting $4-$5 MILLION into the existing mall over the next 18 months starting IMMEDIATELY. These funds will be used for badly needed repairs and maintenance, new landscaping and signage, demolishing buildings that are long past salvageable and remodeling many of the existing buildings.

The new owners seem to be taking a more conservative and realistic approach to rebuilding our mall. In other words, lets fix and improve what we have first and go from there. I think they will find the community more open to this kind of strategy as opposed to the over the top redevelopment proposal from the previous mall owners.

Lastly, the owners indicated that there would most likely be a residential component to the overall redevelopment plan but that would come later. I think its a good move on their part to start making immediate improvements and then incorporate mixed use/residential into the overall plan. There is nothing like forward progress to get people bought in and on board!

For more detail go check out their latest Powerpoint presentation at:

Sunriver Oregon $440,000

Kelly Winch, Broker, CDPE (ReMax Sunset Realty ~ Sunriver Oregon) — Sun, 22 Jun 2008 17:41:03 -0500

9 Mt. Hood Lane, Sunriver, Oregon $440,000

Location: Sunriver, Oregon

Single level home in great location. Walk to Ft Rock Park. Lots of common space and bike path out back. Wood burning fireplace in living room. Comes completely furnished and ready to enjoy. New interior paint. Includes hot tub, BBQ grill and 4 bikes.

Information

Contact Information

Kelly and Brad Winch

541-390-0398

Pricing

Asking Price: $440,000

Property Location

9 Mt. Hood Lane
Sunriver, Oregon 97707
View Map

Features

Bedrooms: 3

Bathrooms: 2

Year Built: 1978

Lot Size: .25

Garage Size: 2

School District: Bend/La Pine

Square Footage: 1442

Agent Name: Kelly Winch

Broker: Brad Winch

MLS #: 2802400

Attributes

Appliances

Range/Oven

Full Refrigerator

Washer/Dryer

Dishwasher

Sink Disposal

Microwave

Interior Amenities

Fireplace

Vaulted Ceilings

Exterior Amenities

Hot Tub

Deck and Large Common Area

Photo Gallery

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VFLYER ID: 1732176

Sunriver Oregon Vacation Rental

Kelly Winch, Broker, CDPE (ReMax Sunset Realty ~ Sunriver Oregon) — Sun, 22 Jun 2008 17:35:14 -0500

Sunriver, Oregon Home For Sale $759,000

Location: Sunriver, Oregon

Great location. The Deschutes River is approximately 100 yards from the front door. This home has been remodeled and features a large great room with wood beams and a rock fireplace. Two master suites, spacious kitchen with slab granite and new appliances. Great furniture and decor package. New paint and fixtures throughout. Huge upstairs deck is ideal for entertaining. Currently a great rental property with $35,000 in rental inclome last year. Home is sold with 1994 Jeep Grand Cherokee.

Information

Contact Information

Kelly and Brad Winch

kwinch@sunriverdream.com

541-390-0398

Pricing

Asking Price: $759,000.00

Property Location

17 Loon Lane
Sunriver, Oregon 97707
View Map

Features

Bedrooms: 4

Bathrooms: 3.5

Year Built: 1979

Lot Size: .32

School District: Bend/La Pine

Square Footage: 2689

Agent Name: Kelly Winch

Broker: Brad Winch

MLS #: 2803887

Attributes

Appliances

Range/Oven

Full Refrigerator

Washer/Dryer

Dishwasher

Sink Disposal

Microwave

Interior Amenities

Fireplace

Hardwood Floors

Kitchen Island

Vaulted Ceilings

Exterior Amenities

Patio

Hot Tub

Large Deck

Photo Gallery

View as Slideshow View Photo Gallery (18 Photos)

VFLYER ID: 1706313

Central Oregon Real Estate News

Kelly Winch, Broker, CDPE (ReMax Sunset Realty ~ Sunriver Oregon) — Fri, 20 Jun 2008 15:21:43 -0500

Lets get straight to the million dollar question; "How is the Central Oregon real estate market doing?" Well, that is a good question and the answer is...it depends. It depends on whether you are looking to buy or sell and what part of Central Oregon you are referring to.

If you are looking to buy property in Central Oregon you are in luck. 2008 is one the best buyers markets we have seen in a very long time. Total sales volume and the total number of sales are down significantly across Central Oregon from the peak years of 2005/06. That is good news for buyers; inventories remain high and there is a great selection of homes for sale in all price categories. Inventory levels for Central Oregon as of June 6, 2008 range between 16 and 23 months depending on location. Add low interest rates to the mix and the fact that many sellers and developers are willing to negotiate and you have a great opportunity to find the right home at the right price.

The average sales price for homes across the region are also down significantly from 2006/07 peak levels and in many cases continue to fall. Through the first quarter of 2008 average sales prices were down an average of 10.26% compared to the first quarter of 2007. The exceptions are the Sunriver and Three Rivers South markets which recorded quarter over quarter price increases for the same time period. According to 2007 Multiple Listing Service data, Sunriver also had the highest Average Sales Price and the lowest Average Days on Market in Central Oregon for 2007. Unlike the Bend, Redmond and La Pine markets, Sunriver is a resort community and predominantly a second home market. The Three Rivers South market encompasses everything in between Sunriver and La Pine to the south.

Of course there is always a flip side to high inventory levels and falling prices. If you are looking to sell property in Central Oregon, these market conditions create more of a challenge. The average number of days it takes to sell a property has been steadily increasing over the last several years. For example, in Bend the average days on market has increased from 120 days in 2005 to 185 days in the first quarter of 2008. This trend is similar across all of Central Oregon. The most important thing to remember is to make sure your property is priced in accordance with the market.

Check out the latest market statistics at Central Oregon Association for realtors for the 1^st quarter of 2008.

As always I am readily available to answer your real estate questions in Central Oregon.

Sunriver Oregon ~ Newer Lodge Style Home $789,000

Kelly Winch, Broker, CDPE (ReMax Sunset Realty ~ Sunriver Oregon) — Wed, 11 Jun 2008 15:59:41 -0500

Sunriver Home For Sale ~ 7 Lost Lane $789,000

Location: Sunriver, OR

Make this beautiful, custom designed home your own Sunriver Lodge. The large and open great room features recycled old growth beams, cathedral ceilings and a cozy fireplace. Spacious kitchen and loft area provide additional space to spread out. New 4th BR and den is a great place for the kids. Nice landscaping and lots of curb appeal. Upscale furnishings included. Good central location in Sunriver, near both pools/golf courses and the river. Would make a great vacation rental.

Information

Contact Information

Kelly and Brad Winch

kwinch@sunriverdream.com

541-390-0398

Pricing

Asking Price: $789,000

Property Location

7 Lost Lane
Sunriver, OR 97707
View Map

Features

Bedrooms: 4

Bathrooms: 3

Year Built: 2000

Lot Size: .357

Garage Size: 2

School District: Three Rivers

Square Footage: 3244

Agent Name: Brad Winch & Lara Cooper

Broker: Brad Winch

MLS #: 2806597

Attributes

Appliances

Range/Oven

Full Refrigerator

Washer/Dryer

Dishwasher

Sink Disposal

Interior Amenities

Fireplace

Hardwood Floors

Kitchen Island

Vaulted Ceilings

Loft

Exterior Amenities

Patio

Deck

Photo Gallery

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