Southern Oregon Real Estate and Community News

June 29, 2018

Are You Wondering If You Can Buy Your First Home?

Are You Wondering If You Can Buy Your First Home? | MyKCM

There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they get married or start a family, some might think they are too young, and still, some others might think their current incomes would never enable them to qualify for a mortgage.

We want to share what the typical first-time homebuyer actually looks like based on the National Association of Realtors’ most recent Profile of Home Buyers & Sellers. Here are some interesting revelations on the first-time buyer:

Are You Wondering If You Can Buy Your First Home? | MyKCM

Bottom Line

You may not be much different than many people who have already purchased their first homes. Let’s meet to determine if your dream home is within your grasp today.

Posted in Buying a Home
June 14, 2018

10 Curb Appeal Makeovers, To Increase Your Home’s Value

You never get a second chance to make a good first impression, and that counts for your home, too! Buyers might be less likely to check out the rest of a house if the outside is unappealing—even if the interior is stunning.


If you’re looking to sell your house, a few inexpensive changes to your home’s exterior could help make the process smoother. From being able to sell faster to adding greater value to the asking price. 

Depending on what your budget is, painting can give you a lot of bang for your buck. When painting, don’t forget picket fences around your yard, trimming around the eaves of the roof, and replacing old gutters and downspouts may catapult the appeal of the exterior of your home.

Before you spend a dime on your house, look at your yard, landscaping, sidewalk, and front entryway. In all of these areas, a few hours of yard work, tidying up your property can go a long way. Tall trees and shrubs can make a small house look smaller. Look for lush ground cover plants and add a few pops of color to build more dimension to your walkway

Turn a standard structure into a period piece by adding attractive trim and stone to your walkway. Or spice up your front entry door hardware by using new metal finishes and different decorative styled lighting fixtures.

The strongest appeal to any home is adding bits of charm that welcomes your visitors. You can do this by adding details that make your home unique such as a sitting bench or rocking chair and subtle walkway lighting. If you have a large front porch, add furniture and an outdoor area rug. Wall décor can also bring the indoors out.

A brightly colored door is a great way to draw attention to your house and make it feel more inviting. The front door should be your home’s exterior focal point — ramp up the appeal by painting it a rich hue, updating door hardware or adding a new knocker.

This can be as easy as pressure washing your concrete walkway and adding in colored mulch to your landscaping. The contrast between a lighter walkway and darker mulch creates an illusion of length...

Symmetry is not only pleasing to the eye, it's also the simplest to arrange. Symmetrical structures such as light fixtures, potted plants, and other front-door accents can create a welcoming entryway and boost curb appeal.

Mailboxes should complement the home and express the homeowner's personality. Dress up your mailbox for easy curb appeal by painting the wooden post to match the house's exterior color, or by surrounding it with a beautiful flower garden.

Shutters and trim add a welcoming layer of beauty and curb appeal to your home's exterior. Exterior shutters can be made of wood, aluminum, vinyl, composite, or fiberglass.

If your home has an older gutter system, odds are it's also suffering from peeling paint, rust, or other problems that can convey a sense of neglect. Replace old systems with a newer vinyl gutter system or pull out the paint. 


In real estate, a beautiful face isn't just memorable, it can make or break a home sale. The exterior of your home deserves the same attention to detail as the interior. Improving the look of your home’s exterior doesn’t require a 6-man crew and thousands of dollars. From fresh paint to colorful plants, these ten easy updates can be accomplished by just about any homeowner, and shouldn’t stress your finances either.

Posted in Selling Your Home
May 28, 2018

3 Ways To Save $100K On Your Next Home

Saving $100K on your next home sounds crazy, right? Savings like this are life changing and could allow you to do so much more with your future plans. Believe it or not, with a few changes in your game plan this is possible. 

A strategy that will save you thousands of dollars in interest charges and cut multiple years off of your home loan, is paying extra on your mortgage monthly. 

Understand that paying down the principal quicker on your home does not decrease your minimum payment each month. However, it will shorten the life of the loan and save you more money than most can save on their own.

 Here are three ways to save you thousands on your next home 

Increase Your Monthly Checks by One-Twelfth

Some people do not know this, but the largest part of your early year payments go towards paying interest. If you pay a little extra on your principal now, this will make a significant amount of savings down the road.


The additional 1/12th of your monthly payment will decrease the balance on your current principal and likely avoid some of those interest charges. 

 Make One Extra Payment Per Year

If you get an annual bonus or a nice size tax return check, use it to pay one extra mortgage payment each year. You will cut the life of the loan significantly and save thousands in interest. 

Pay Half of Your Monthly Payment Bi-Weekly

This takes a little more effort, but you could authorize an automatic transfer from your checking account to savings account bi-weekly. You will have made 26 half payments, which will become 13 full payments at the year's end. This is one extra month's payment. 

Look ???? How Much You Can Save!

(The table below is an estimate using $200,000 30-year home loan with an interest rate of 5%)

Additional Monthly Payment
Total Savings
$400 $91,095
$500 $101,121


If you have any real estate questions or would like some guidance on getting pre-qualified and finding the right lender, please call or email us today!

Posted in Buying a Home
May 12, 2018

Get It Before We List It

If you're planning to sell your home, you probably have a figure in mind you're hoping to fetch. But, if you thought buyers would be willing to go above (and well beyond) that number, it certainly would make prepping your property for sale and boxing up your belongings for a move more palatable.

In May, inventory fell for the third straight month, according to the National Association of Realtors (NAR), driving up the month's median price for a single-family home to $252,800, a 5.8 percent increase from the year before.

While supply and demand might be on your side at the moment, it's great to have a few strategies up your sleeve that'll bring in bids even when the economy isn't working with you.

Take a look at these 9 tricks that'll have buyers willing to beg, borrow, or steal to buy your place.


1. Attract the herd





"Buyers always get scared when they are the only ones interested in a property. So, we make sure that doesn't happen. In a balanced or seller's market, we'll price a property on the lower end of the spectrum. This drives more people to set up appointments for viewings and drives more people to the open house. More traffic illustrates interest and this perceived interest stokes competitive fires in a buyer." -- Romana King, director of Content,


2. Price it to sell





"Studies show that a rounded sale price, for example: $500,000, won't drive up a price as much as a just-below price, for example: $499,999. For that reason, we always try and price our properties just below a threshold, with the intent that we will drive the price up. Even in a fairly balanced marketplace, we can anticipate a 2 to 3 percent increase in a just-below list price, meaning a final selling price that is $10,000 to $15,000 over list price." -- King continued

"Advertise the listing slightly under the market value after comps have been completed, and then refuse access to anyone until the first open-house. Then many buyers and there agents come in and are eager and excited for what they've long been waiting for--- and the bidding wars begin." -- Erik Heitz, Realtor® Triplemint


3. Create a buzz





"Have a stellar pre marketing / coming soon program in place that builds anticipation leading to a late week live listing on MLS then Open House. Hold offers until after open house and present all offers received thus far together. This allows the seller to be in the driver's seat. Instead of having to answer the first offer (typically received in the first day or two) and lose that offer because of expiration they are able to collect multiple offers." -- Rebecca Hamilton, Realtor® Keller Williams Atlantic Partners Realty Group, LLC


4. Set the stage





"If you want to get multiple offers, staging is key. Even if you have a good eye for design, help from a professional can go a long way. Not only do they have an unbiased view of your home, they can also shed light on popular design trends in your local market so you can make your home irresistible to prospective buyers. Don't just go with someone you found on Google. Ask your real estate agent for a recommendation, or at the very least, be open to taking your agent's staging advice." Jonathan Self, Realtor® Center Coast Realty

"Do your research on the trends in home designing and try to imitate the most popular looks while staging your home. Homebuyers are typically reading through a lot of home magazines and websites while searching for a place to buy, so if they see something that reminds them of an image they saw in a designer magazine it may spark their interest." -- David Green, Realtor® Coldwell Banker SSK


5. Host an over-the-top open house





"Make your home seem like the best thing on the market. A great way to do this is to host an over-the-top open house that offers food, drinks, and even entertainment that sparks interest in a large number of people. The more people that you can attract to your home, the more people you are bound to have make an offer." -- Cindy Bunch from Bunch Team Keller Williams


6. Set a deadline





"After a weekend of open houses, I will have a call for offers set for Monday or Tuesday. This creates a sense of urgency which makes buyers act more aggressively. When time is of the essence, you break down the natural instinct to try and bargain or 'window shop.'" Chris Taylor, director of investment sales, Advantage Real Estate


7. Create competition





"I will list a property on a Monday and hold an open house the following Saturday and Sunday, an hour or two each day. The goal is to get as much consistent, overlapping foot traffic as possible because it creates a sense of urgency for the serious buyers. If there are 20 people at a given time at an open house, even if only one buyer is serious, that one buyer is seeing 19 people as potential competition. If a buyer really loves a property, the perceived competition will make them more likely to up their bid in order to get their offer accepted." -- Taylor continued


8. Give yourself plenty of time





"It's also important to plan ahead so that you're not in a hurry to move. Tight timelines can result in real estate agents rushing through the staging and pre-marketing process to list a home on time, and it can cause buyers to anxiously jump at the first offer that comes along. This is a sure way to miss out on a bidding war opportunity." -- Liz Alterman


9. Sweeten the pot





"Including something fun into the sale of your home can be fun for buyers and attract or interest some more than others as well. I have seen homes for sale that include a new Mercedes, Super Bowl Tickets, and all inclusive vacations to the buyer who closes on the home." -- Teddy Shonka, Real Estate Professional, PLLC North & Co. | Residential & Investment

Posted in Buying a Home