TO PLACE AN AD CALL CLASSIFIED • 541-385-5809
SATURDAY, MAY 1, 2021 • THE BULLETIN
C1
R EAL ESTATE
Jennifer Dorsey
Palmer Home Sales, Inc.
541-678-2927
jdorsey@palmerhomes.com
Palmer Home with
3-Car Garage
D R C M V
Coming soon, 2020 COBA Tour of Homes award
winning Palmer Home plan with completion
expected this August. Stunning mountain views
from the expansive covered front deck. Great
room is easily expanded on to the deck through
double wide sliding glass doors. Open concept
living area creates a lovely spacious feel with
extra windows to bring in natural light and for
enjoying the views. THREE CAR garage creates
ample space for storage, extra toys or shop.
3728 SW 44th St, Redmond. CCB# 185585
Located within the exclusive Deschutes River Ranch, featuring
Cascade Mountain views, nearly 2 miles of private Deschutes
River access, swimming holes, waterfalls, fi shing & acres of
open space. Truly special home combines a wonderful blend of
contemporary & mountain home architecture. Well-considered
fl oor plan encompasses inviting living areas, presenting superb
design & an abundance of charm at every turn. Accentuated by
fl oor to ceiling stone walls & exquisite wood accents that perfectly blend w/ the natural scenery. Floor
to ceiling windows in elegantly rustic great room frame the outstanding panoramas & fl ood interiors w/
sunlight. Well-equipped chef ’s kitchen fl ows seamlessly into adjoining dining area. Owner’s suite w/ cozy
fi replace, balcony, steam shower & coff ee bar. 3 guest rooms, offi ce, home theater & billiard room. 1760 sq.
ft ., 4-car garage. Wonderful outdoor living areas w/ outdoor kitchen, fi replace & hot-tub.
Furnishings Included | Bedrooms | Office | Theatre | Billiard Room
Arrowhead Drive | Offered at $,,
Mike Nelson
Palmer Home Sales, Inc.
541-588-0698
mnelson@palmerhomes.com
L ISA C OLE , Principal Broker
Berkshire Hathaway Home Services, NW
541.749.0047
lisacole@bhhsnw.com
© ADOBE STOCK
Winning a Bidding War
BE PREPARED
Unless you’re offering all cash, most
agents won’t even consider a bid unless
you’re preapproved by your lender,
preferably one familiar with the local
market.
Get preapproved for a mortgage before
you start shopping for a home, say the
experts at Rocket Mortgage. Your lender
will provide you with a guaranteed
approval up to a certain number, allowing
you to bid up to that maximum.
Preapproval letters show sellers you’re
a serious bidder and that you won’t have
trouble getting a mortgage to purchase the
home. Without one, a seller might pass by
any offer you might make.
MAKING THE OFFER
In today’s market, houses are selling
If you’re looking to buy a house right now, you
understand that it’s a seller’s market. Inventory is
low and prices are high, higher than ever, in fact.
So if you find your dream home, chances are you’ll
encounter a bidding war. Here’s how to win.
for as much as 25% over asking price, or
more — sometimes with dozens of bidders
driving the price ever higher.
It’s important to go in with your best
offer — even if it’s less than what you’re
approved for. Traditionally, say the experts,
the best way to win is to offer the most
money. But don’t bid above what you’re
comfortable with. Going into a bidding
war with your best offer takes some of the
emotion out of the process. You’ll know you
can walk away having offered the highest
price you can afford.
Here are some other ways to ensure you
win a bidding war, according to Rocket
Mortgage:
• Add an escalation clause: If you think
you’ll face competition, but can’t be sure
how much others will pay, your real estate
agent can write an escalation clause into
your offer that says you’ll pay a certain
dollar amount above any offer up to your
budget limit.
• Drop contingencies: Contingencies are
specific conditions that must be met before
a sale can be completed. If you remove any
contingency, you’re making it easier for the
seller to accept your offer.
• Skip the inspection: It’s risky, because
great-looking homes can hide a wealth of
problems. But bypassing the inspection
is one way to entice the seller if you can
afford the risk.
• Offer all-cash: Many people don’t
have the wherewithal to make an all-cash
offer, but if you can, experts say your offer
can quickly jump to the top of the pile.
Cash saves both parties time by skipping
underwriting and shows the seller you
won’t have problems with financing.
WINDERMERE CENTRAL OREGON REAL ESTATE
BEND
REDMOND
COMMERCIAL
MADRAS
SUNRIVER
807 SW Industrial Way
541-388-0404
821 SW 6th Street
538 SW Highland Ave.
541-923-HOME
538 SW Highland Ave.
541-410-3484
161 SE 5th Street
541-475-7001
7100 Beaver Drive
Bldg. 22 Suite 220
541-323-5888