Thinking of Buying Property in The Rogue Valley?
Look no further! The search engine on this website allows you to search through Southern Oregon Multiple Listing Services – the most accurate and the most frequently updated database for our area. Watch the video below with Greg Goebelt to learn three quick tips for buying a home.
Your search for the right home is important. It takes time and knowledge of the local area and real estate market. Greg Goebelt has lived in the area for over 20 years and has been a practicing real estate agent for over 15 years. Greg is also an Accredited Buyer’s Representative (ABR). Meghan McNulty was born and raised in Ashland and has been involved in real estate for over 5 years. So you can trust that the Deluxe Home Team is an excellent choice to help you find your new home. Feel free to contact us anytime and we’d be happy to answer any questions you may have whether it be about current market trends (both national and local) or where to get the best coffee in town.
Homes For Sale
Many IDX providers allow you to create saved searches to link to. This can be for homes based on price range or property characteristics.
Escrow and Closing Costs
An escrow company is a non-biased third party who holds something of value, in real estate it would be your Earnest Money, to make your transaction safer. The job of an escrow service is simply to ensure that everybody sticks to their end of the bargain. Escrow opens when a signed agreement is delivered to an escrow officer, who helps to ensure that the conditions of the contract are all satisfied (inspections, disclosures, etc). Escrow closes when everything is done and the property ownership is transferred to the buyer.
Closing costs are fees associated with your home purchase that are paid at the closing of a real estate transaction. They vary depending on where you live but they can include everything from escrow fees to loan application fees to underwriting fees. Closing costs are usually about 2%-5% of the purchase price.
If you will be financing your purchase with a loan, getting pre-approved with a lender is the first and most important step toward buying a home. When submitting your offer, a pre-approval letter for your lender makes your offer look strong and solid.
We also encourage our clients to choose an Oregon lender when buying a home in Oregon, preferably a lender that knows the community of the area you’re looking in very well. This will prevent issues in underwriting later in the transaction.
Get in contact with us if you have any questions about lending or getting pre-approved. We’d be happy to give you a few referrals to some great local lenders that we trust to take care of you.
A home warranty is usually purchased to protect your home’s appliances and systems in case they break or malfunction. Coverage varies depending on where you live but items available for coverage are typically central air conditioning systems, central heating systems, kitchen appliances, clothes washer and dryer, plumbing system, electrical system and roof leaks.
It’s not always necessary or worth it to purchase a home warranty but sometimes it can be very helpful. We’ll determine the necessity of a home warranty once you identify a property to purchase.