La Pine Bank Owned Homes

If you are a buyer looking to buy a home in the Central Oregon area, specifically La Pine, you have come to the right place. This blog is created for both buyers and sellers of La Pine Properties. Having grown up in the La Pine area I have seen the real estate market go through major changes both up and down.

Today, La Pine has a lot of great real estate at great prices. Many buyers are looking for the bank owned home with the idea that they are the best deal out there. This is sometimes true, and often times there are specific loan products that are available only for the purchase of a bank owned home.

If you are a buyer looking for a great property at a great price, do not limit yourself to just bank owned properties, which are also called foreclosures, or REO, you just may miss the perfect home.

Click on the link below to obtain the list of Bank Owned homes in La Pine, Oregon.

La Pine Bank Owned Properties for January 29, 2011.

Set Up and Ready For Your Horses


3.5 acres Set Up For Horses


Overview
Maps
Photos
Features
Description

$299,900
Single Family Home
Main Features
2 Bedrooms
2 Bathrooms
1 Partial Bathroom
Interior: 1984 sqft
Lot: 3.53 acre(s)
Location
16512 Sprague Loop
La Pine, OR 97739
USA
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Thesa L Chambers

Thesa L Chambers

Prudential NW Properties
(541) 771-7064
thesa@CentralOregonBuzz.com
http://www.CentralOregonBuzz.com

Listed by: Thesa Chambers, Principal Borker

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5 Fenced Acres – A Shop A Man Dreams Of


Log Style Home with Shop


Overview
Maps
Photos

$399,000
Single Family Home
Main Features
2 Bedrooms
2 Bathrooms
Interior: 2040 sqft
Lot: 5.00 acre(s)
Location
1620 Micah
La Pine, OR 97739
USA
To get updates on open home dates and other property events, please click the “Like” button below:


Thesa L Chambers

Thesa L Chambers

Prudential NW Properties
(541) 771-7064
thesa@CentralOregonBuzz.com
http://www.CentralOregonBuzz.com

Listed by: Thesa Chambers, Principal Borker

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5 Acres – Close to Town – On Pavement


5 Acres – Shop – House – Paved Road


Overview
Maps
Photos

$240,000
Single Family Home
Main Features
2 Bedrooms
2 Bathrooms
1 Partial Bathroom
Interior: 1176 sqft
Lot: 5.00 acre(s)
Location
15975 6th St
La Pine, OR 97739
USA
To get updates on open home dates and other property events, please click the “Like” button below:


Thesa L Chambers

Thesa L Chambers

Prudential NW Properties
(541) 771-7064
thesa@CentralOregonBuzz.com
http://www.CentralOregonBuzz.com

Listed by: Thesa Chambers, Principal Borker

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Right in Town Over an Acre Paved Rd


Hidden Gem in Town


Overview
Maps
Photos

$139,000
Single Family Home
Main Features
1 Bedroom
1 Bathroom
Interior: 1132 sqft
Lot: 1.16 acre(s)
Location
51466 Evans Way
La Pine, OR 97739
USA
To get updates on open home dates and other property events, please click the “Like” button below:


Thesa L Chambers

Thesa L Chambers

Prudential NW Properties
(541) 771-7064
thesa@CentralOregonBuzz.com
http://www.CentralOregonBuzz.com

Listed by: Thesa Chambers, Principal Borker

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Just Off Masten Rd


Single Family Home for sale in La Pine, OR


Overview
Maps
Photos
Features

$195,000
Single Family Home
Main Features
3 Bedrooms
2 Bathrooms
Interior: 1680 sqft
Lot: 1.00 acre(s)
Location
50462 Cascade St
La Pine, OR 97739
USA
To get updates on open home dates and other property events, please click the “Like” button below:


Thesa L Chambers

Thesa L Chambers

Prudential NW Properties
(541) 771-7064
thesa@CentralOregonBuzz.com
http://www.CentralOregonBuzz.com

Listed by: Thesa Chambers

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138139 Hillcrest – Gilchrist, OR 97707

front exterior Located on a quiet street with super easy access to Hwy 97 close to Crescent Lake and many of the natural beauties of Central Oregon.  Gilchrist is a quiet little town that nestled on Hwy 97.  Small town charm is evident from the moment you enter town.

This 3 bedroom home has great curb appeal and when you walk in you will see the pride this owner has taken in updating and restoring the historic charm to this beautiful home.  Built in 1939 this home has the historic feel with new laminate floors, paint and so much more.

living room from dining Fenced back yard area give you a place for privacy and safety for the kids and pets with a patio and multiple garden areas.  Beautiful Ponderosa Pines shade the home while the 30 plus blooming trees create a nice aroma and lower shade.

Beyond the back fence you will find a detached oversized double garage with work bench already in place.  3 additional storage buildings and more landscaping complete this park like setting that backs up to miles of timberland.

Additional features include; mud room separate from laundry room, new laminate flooring in living room, original hardwood upstairs, beautiful custom paint.

138139 Hillcrest, Gilchrist Oregon | Central Oregon MLS # 2905828 | $165,000

50295 Moss Rd, La Pine

DSC_0278 Looking for your own special get away? Close to everything but hidden on the edge of it all.  This beautiful parcel with 1 bedroom cabin and small bunk house is the perfect place to run away for the weekend or build your dream home.

Property sits at the base of Masten Butte – neighboring land is miles and miles of BLM, Forest Service and Forest Land. Nature surrounds you, yet you are a very short distance to the paved road.

Back road to Wickup Reservoir is just down the street – be at prime fishing in no time at all.

DSC_0262 Priced at $86,500 1.4 Acres +/- with cabin and clean lot is ready for your Central Oregon Dreams – just 10 minutes to La Pine and in Deschutes County – wonderful location away from it all yet close to everything. Properties like this do not come up for sale often take advantage of the market and this opportunity. LaPine Oregon offers great recreational activities year around skiing, snowmobiling, fishing, hunting and much much more.

USDA Loan – 100% Financing is Possible

Fred Chamberlin

If you are thinking about buying a home anywhere in Deschutes County except in the Bend urban growth boundary, you should be aware of the USDA Rural Guaranteed Home Loan Program. USDA Rural Home Loans offer many advantages over either FHA Mortgage Loans or Conventional Home Loans.  Here is a brief summary of advantages of the USDA Rural Home Loan.

  • No Down Payment - Truly a 100% home loan
  • No Expensive Mortgage Insurance – Keeps your monthly payment low
  • No Cash Reserve Requirement
  • No Minimum Credit History Requirement
  • USDA 100% Financing is a top choice among First Time Home Buyers
  • No Limitation to the purchase price
  • May finance up to 102% of the appraised value
  • Down Payment Assistance from non profits is acceptable
  • No limits to the concessions the seller can make – seller paid closing costs
  • Rates are typically similar to FHA Home Loans or Conventional Mortgages

USDA Rural Home Loans provides competitive rates, the lowest down payment and the lowest monthly payment of any loan available. There are qualifications for the program. For instance, your household income for a family of up to 4 cannot exceed $73,600 and a family of up to 8 can have a household income of up to $97,150. Additionally, you cannot finance an existing manufactured home with this program. 

Call Fred Chamberlin today at 541-342-7576/541-221-3455 Cell for a current quote.  You’ll be glad you did!

Article Submitted by Fred Chamberlin – of Alpine Mortgage Planning

138639 Nob Hill, Gilchrist Oregon

DSC_0168 Looking for a great home that backs up to Forest Land? Then look no further this great home has been completely restored, updated. Feels new yet still has the greatness those older homes have.  Originally built in 1939 for a supervisor of the Old Gilchrist Mill.

Spacious, warm and hidden storage in almost every room this home will meet the wish list from everyone! A huge RV shop, additional garage out back and multiple other out buildings.

The living room features a cozy fireplace, bay window and is large enough for seating for everyone! Formal Dining has beautiful built-ins you expect to find in a home of this era. The French doors lead to a covered patio for all your outdoor dining and entertaining.  The patio even has a wonderful water feature.

Picture 012 (Small) Kitchen is fully updated with all the modern conveniences we love in a newer home, appliances flooring and tons of cabinets with great use of space. A breakfast nook is the perfect place to have your morning coffee while watching the wild life right out the back.  Current owners enjoy feeding the birds and have several species that keep them entertained for hours.

Master suite is just that a full suite you step down into your own world.  With a gas stove that looks like an old fashioned wood stove in the Picture 025 (Small) corner with room for seating then step into the master bath that features great counter space and windows that open to the back of the property looking out to miles upon miles of nature. The walk in closet has a built in drop down ironing board and room for the most organized person.

The den or office is towards the front of the home just off the entry allowing you to work in quiet yet be close to everyone!  The den has a great old world feel and a large window brings in the Central Oregon sunshine.

IMG_1654 (Small) Heading upstairs –the staircase reminds us of days gone by but so sturdy and beautiful.  The two guest rooms upstairs and guest bath are all spacious.  the bigger of the two bedrooms has 3 count them 3 closets and built ins in each closet.  The “smaller” bedroom (although not really very small) features a built in desk too.  This home even has a basement.  In the basement you will find the newer heater, 2 hot water heaters, a shower, the laundry area and a fully finished room to store all those extras without ever leaving the house.

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