Central Oregon is a great place to be from and a great place to live.  When you live in Central Oregon and travel everyone is jealous of your home area.  Central Oregon is one of the most visited places in Oregon because there is so much to do. NO matter what your favorite outdoor activity it can most likely be found in Central Oregon. Full List of Bank Owned Homes in Bend, Three Rivers South & La Pine Oregon! Because we have such great recreational areas we also had a huge boom in real estate.  Now we are seeing some of these past buyers in trouble and with that we have bank owned homes.        

Beautiful Home With Shop on An Acre in La Pine, Oregon
Charming Frame Built Home 16088 Snowberry Lane, La Pine, OR 97739 View Map Quality construction 3 bed, 2 bath, home office off dining room, 1624sf, home on 1 acre. Tongue & groove wood vaulted ceiling in living room & kitchen. Plantation style shutters. Wainscotings in living room, dining room and hallway. Hickory cabinets, marble tile counter tops and tile floors in kitchen. Large master bedroom with large jetted tub & separate shower. 16×16 shop with 16×14 covered side shelter. Landscaped sprinkler system front & back . Close to 15 local lakes. Details Asking Price: $265,000 MLS: 2709561 Sq. Feet: 1624 Lot Size: 1 Ac Bedrooms: 3 Bathrooms: 2 # of Floors: 1 Garage Size: 2 car Subdivision: Tall Pines Year Built: 2001 Contact InfoThesa Chambers Broker, ABR Main 541-536-0117 Cell 541-771-7064 Dir 541-771-7064 Email | Website Licensed Broker in the State of Oregon

Sunriver Oregon Homes – Priced To SELL!!!
Sunriver has always been one of the higher priced areas of Central Oregon Real Estate.  With the slower market – Sunriver has once again become affordable to buyers. After reviewing homes for sale in Sunriver, it became obvious it was time to get the word out.  Buyers that I had worked with 2 or 3 years ago that did not buy were priced out of the market.  Today – these buyers can buy their Sunriver Vacation home for less than they were considering previously. It is not uncommon for a home in Sunriver to be priced at over $300 a square foot.  A good buy has for the last couple years been anything under $300 a square foot.  Tonight when I looked at all 159 homes for sale in Sunriver I found 40 of homes priced under $250 a square foot.  Many of these homes are already updated, being sold furnished and are ready for you to make them your dream vacation get away. If you have always wanted a Sunriver Vacation get away and thought you had been priced out of the market, you might check the homes available under $250 a square foot.  Sunriver Oregon Homes Under $250 a square foot.

Out of State Sellers – Income Tax Withholding
January 1, 2008 House Bill 2592 will go into effect.  What does this mean?  For the out of state seller it means less money in the short run.  If an out of state seller sells an Oregon property after January 1, 2008 new legislation will require a mandatory withholding for income taxes. The withholding will be from the seller’s proceeds at the time of closing.  The 2008 sales agreement will have text that pertains to this and the new law. What to expect  – from looking over the bill which can be viewed at http://www.leg.state.or.us/07reg/measpdf/hb2500.dir/hb2592.intro.pdf I see it as you should expect to have 4% of the net proceeds or 10% of the gain for taxable income.  Obviously it is much more detailed than this, please do read the bill so you know exactly what to expect regarding your own sales in Oregon.  This law is over a year old now and it still poses a lot of questions – the one thing that both REALTORS® and Title and Escrow have to continue to explain is that this is a withholding and not a tax.  

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