Category: Sue’s Ask a Pro
Refusal in Real Estate
Q: What is first refusal in real estate, and how does it work? A: A first right of refusal is a placeholder for a party to have the first option to negotiate and potentially purchase a property. It is sometimes called a right of first offer as well. A buyer has the right to say whether they are interested before... Read More
Top Mistakes Corvallis For Sale By Owner Sellers Make
When the economy is tight or the future uncertain, many people first look to selling their home for sale by owner (FSBO), hoping that they’ll save money or keep more in their pocket from the sales price. We want to walk you through some of the many issues that FSBOs in the Mid-Willamette area face,... Read More
Our Guide to Buying or Selling Your Greater Corvallis-Area Home Safely During Covid-19
As the unprecedented COVID-19 pandemic continues to affect our daily lives for the foreseeable future, we would like to share with you what The Sue Long Realty Group is doing in order to keep the process of buying or selling your home as safe as possible. We also want to thank our community’s first responders... Read More
Ask a Pro
Q: It seems like the real estate market has gotten very strong? A: Yes and nobody expected a rebound quite like this! Things to consider: 1) A huge pent up demand due to COVID, 2) Ridiculously low-interest rates now at 3.13% (More than half a percent higher than last year), and 3) Lack of inventory... Read More
How has the COVID 19 virus affected the real estate market here in our area?
We are busy! We are working with serious buyers and have sold several homes as buyers recognize that interest rates are at an all-time low. Those that can, are buying. Banks have made it a little harder as they take a more stringent look at credit-worthiness and down payments right now. Listings are off... Read More
How Coronavirus is Affecting the Real Estate Market – Sue’s Ask a Pro
Housing services are considered essential, thankfully, as many people need to sell and buy now especially with the 60 yr.-low interest rates! We have just around 1 month of inventory and lots of buyers so sales are brisk with multiple offers. It is a great time to be a seller as time on the market... Read More