180 miles of Oregon coast travel and real estate: Astoria, Seaside, Cannon
Beach, Manzanita, Nehalem, Wheeler, Rockaway, Garibaldi, Tillamook, Oceanside,
Pacific City, Lincoln City, Depoe Bay, Newport, Wadport, Yachats &
Oregon Coast Real Estate Battle: Fighting
to Get Your Property
By David Timme
Coast) - The Real Estate market here on the coast, as elsewhere, can be
especially confusing to someone new to the area and to the activity. It
is helpful to know what is going on and why things happen the way they
do to plan your strategy to get the property you want.
What to do when there is already an offer on that property that you want?
OK, You have found your dream property and it is just perfect with all
the amenities you have in mind. But when you talk to your Realtor you
find out that it already has a contingent or pending offer on it made
by someone else. It may not be the end of the road for you getting that
property. A contingent offer is one that is contingent on another condition
being met, like a loan being obtained or an inspection being passed, being
subject to the occurrence of a specified but uncertain event. Pending
is effectively the same thing a transaction waiting for something to occur
before completion, not decided, determined, or established. While a property
is either contingent or pending, first or subsequent back up offers can
be made. If the first offer falls out for any reason, the next back-up
offer in line will become the offer being made on the property.
pecking order of offers are as follows: price - over price, full price,
less than full price; type - cash offer, pre-qualified loan offer, offer
contingent on finding loan; and time - offers with increasingly longer
event periods and closing dates. These type offers within each of these
categories represent declining attractiveness to a Seller and therefore
are increasingly less likely to be successful in being accepted.
Condo Hotel Ownership in Seaside –
An opportunity to share in hotel revenue!
Rivertide Suites in Seaside, Oregon. A condo-hotel
that offers the amenities of a fine hotel, but also includes ownership
of a vacation home on the north Oregon coast. It is a unique opportunity,
as condo owners have an opportunity to share in the revenues of
Units have either spectacular, nearly aerial views
of the ocean and city, or they gaze out at the lush forests of the
coast range mountains. There are private balconies in all rooms,
which come as studios or units with one bedroom or two - as large
as 850 square feet. Each is fully furnished, full kitchens, complete
with fireplaces, jetted tubs, pillow top mattresses, washer/dryer
and wi-fi. Fully equipped exercise room, business center, and a
large indoor pool & spa. Priced from $189,000 to $449,000, (with
most in the $300,000 range.) When owners are not using their units,
they may be rented out as hotel rooms, and owners may sh a re in
those revenues. 503-297-3910. www.rivertide.primeplaces.net
If a property receives multiple offers at the same time,
that is, more offers come in before the first offer can be presented to
the Seller, all the offers are presented at the same time, and the Seller
picks the best offer to negotiate with. Or maybe the Listing Realtor will
inform all the prospective buyers that there are multiple offers and request
each to make their best offer for the Seller's consideration. The Seller
again picks the best offer to negotiate with.
If an offer is made, presented, and accepted by the Seller, and then more
offers come in, the first offer is negotiated to completion before other
offers are considered.
|Stunning oceanfront homes in Yachats
Over bids, or bids exceeding the list price can be made
if interest is high and other bids are expected to be competing for the
property. It all comes down to a risk assessment in which the risk of
other bids coming in being more attractive to the seller and how much
more you are willing to pay to secure your place in negotiating for and
buying the property.
Here's a list of things to have at the ready.
If you are a Buyer: have a Realtor selected, mind
made up, financing arranged or be pre-qualified if needed, professional
service providers selected, and time to take care of the details of the
Sales Agreement offer. If, you are a Seller: have your home ready to sell,
time to take care of the details of the Sales Agreement offer, and a place
planned to go when your home sells.
Asking for fixes of problems with the property after mutual agreement
has been reached is opening the negotiations back up for the sale of the
property with the possibility that the Seller will fix the problems, the
Seller will counter offer and negotiate, or the Seller will reject the
requests and the sale will fail.
This is an ongoing column on BeachConnection.net, discussing subjects
of interest relating to Oregon Coast Properties. In future issues we will
be covering other home-buying subjects. Generally, we will cover anything
of interest to someone looking for property in this area. Letters to this
column will be answered, or the subject matter covered in future issues.
If you like this column, see
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Two Beautiful Homes, Nye Beach
Two brand new Oceanview homes in Newport's
Nye Beach, just 150 feet to the ocean. 3 bed, 2 bat,h 1700+
sq. ft. Gas fireplace, vaulted ceilings, skylights, oceanview
deck, dual "Jack & Jill" sinks, and more. Homes
ready for your finish choices and upgrades. Priced to sell
from $379K. For more info call Coastal Development LLC, Ian
Clayman 541-270-1084 or email email@example.com. CCB #162862
to Oregon Coast Real Estate Guide
to Oregon Coast Beach Connection
INTO LUXURY, HISTORY AT THE TIDES
TIDES BY THE SEA, Seaside. For over 80 years, The Tides has
been a favorite of Seaside visitors. History meets modern luxury
here. 51 oceanfront condos, individually owned and decorated. Find
suites for couples, small apartments with fireplaces and kitchenettes,
one or two bedroom family units with fireplaces, kitchens and dining
rooms. There are wonderful oceanview cottages that sleep anywhere
from two to eight people, with two bedrooms, some with lofts, fireplaces
Meanwhile, the heated outdoor pool, enormous grounds with picnic
tables and location at the quiet southern end of Seaside make for
some memorable means of play and repose. 2316 Beach Drive. 800-548-2846.
CLIFFTOP IN NEWPORT
POINT is located on the Central Oregon Coast - in Newport
- and offers only the finest in luxury condominium lodging. At Starfish
Point, every unit is focused on the beauty of the sea and the beach.
All of the units boast two bedrooms, two bathrooms, designer kitchens,
wireless broadband Internet, fireplaces, Jacuzzi’s and private
decks - surrounding you in soothing relaxation. We have a friendly
staff dedicated to high quality and superb customer service. 140
NW 48th Street, Newport. (541) 265-3751. (800) 870-7795. www.starfishpoint.com
Paradise Suites & Vacation Rentals - Seaside
Unique Luxury Accommodations in Seaside. 1BR Suites,
1BR & 2BR Duplex Units and 3BR Houses, units for 2-8 people.
Rent our entire property for 20-26. All units close to beach, river
and Broadway St.
Suites are designed for two adults; vacation rental units for families.
All units have kitchen and many have fireplace, deck and jetted
tub. Enjoy comfy robes & slippers, luxury bath amenities, quality
linens and more. See us on The Travel Channel's "Great Escapes"
show in August 2006. 741 S. Downing St., Seaside. 800-738-6691.
Sands Condominium Motel, Lincoln City. Getting a free,
fresh baked cookie upon check-in is just the beginning. Every room
is beachfront, and it's all right up against Lincoln City's most
famous stretch of beach, next to the D River. Each room, comes as
a suite or mini-suite, and has a kitchen and balcony or patio. Some
have gas fireplaces, while all have a DVD Players with movies available
for renting (and movie rentals come with free popcorn). There's
a heated indoor pool, a spa, and this fabulous beach is lit at night.
Rooms sleep anywhere from two, four to six - including a deluxe
fireplace suite. Gift certificates are available, and they offer
special occasion packages as well. To make a reservation and see
a virtual tour of the rooms, visit our website at www.dsandsmotel.com.
171 S.W. Highway 101. 800-527-3925.
City Vacation Homes
There’s something for everyone
among this selection of wondrous homes: smaller homes with a view
to a large house that sleeps 15. All the homes are either oceanfront
or just a few steps away from the sand – all with a low
bank access and fantastic views. Most are in the Nelscott area;
one is close to the casino. You’ll find a variety of goodies,
depending on the home: fireplaces, multiple bedrooms, dishwashers,
Jacuzzis, washer/dryers, hot tubs, cable TV, VCR, barbecues; there’s
a loft in one, and another sprawling home has two apartments.
Pets are allowed in some homes – ask ahead. Each comes with
complete kitchens so you’ll have a home away from home.
Most have the seventh night free. Prices range from winter $85
to summer $230 per night. www.getaway2thecoast.com.
Interesting Oregon Coast Properties Listed for Sale A
real castle, a business space with its own dock, two homes and a malt
to Buying a Home on the Oregon Coast There are a
number of steps going through the realtor's office, the financial institutions
and the escrow services
- by David Timme
Coast Real Estate Watch: Finding Oceanfront Property A
number of spots meeting the beachfront criteria are still available
- by David Timme
Coast Real Estate Watch: Developer Brings Big Plans to Newport Various
high-profile things are in the works, including a subdivision of 100
Resort of Vacation Homes Planned on Oregon Coast Olivia
Beach has already broken ground in Lincoln City
to Oregon Coast Real Estate Guide
coast mileage chart & map
trips, suggested itineraries
Coast Lodging Specials
BeachConnection.net's 1,000 pages
Coast Real Estate
Things to Do
Beach, Oregon Lodging
Wheeler, Rockaway Beach Lodging
Beach Complete Guide
City Complete Guide
Oregon Complete Guide
TAKE THE VIRTUAL TOUR
Where the Columbia
meets the Pacific, Land of Lewis & Clark and loads of
atmosphere & history
Tillamook Head, family fun & broad, sandy beaches
lighthouse, upscale yet earthy, a huge monolith, fine eateries
& an art mecca
beaches, Nehalem and Wheeler's quirky beauty; laid back Rockaway
Barview, Bay City, Tillamook & an oceanfront ghost town
secret of the coast: Cape Meares, a lighthouse, Oceanside,
Netarts and Pacific City
A spouting horn
downtown, freaky hidden cliffs and whales, whales, whales
Time-tripping Nye Beach, a bustling
bayfront, marine science-central and two lighthouses
Constantly dramatic wave action, a mix
of the rugged & upscale
A lighthouse, ancient bayfront and miles
and miles of fluffy dunes