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Oregon Coast Real Estate, ocean beach homes and property call Mary McDonald 541-992-2748, email Lc.Mary@Gmail.com, visit Mary in Lincoln City, Oregon.
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Find Out About the Latest Homes for Sale First! I will set up an auto-generating email, so you receive all the Oregon Coast listings that fit your parameters. Find Out More > View All Offers >
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"WE HIGHLY RECOMMEND MARY" "She's a very positive, energetic, professional woman with wonderful people skills." Sincerely, Pat and Ann Holbrook (Buyer/Seller) Read Quote > View All Quotes >
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 About the Lincoln City, Depoe Bay and Pacific City, Oregon Lincoln City is nestled between 7 miles of sandy beaches and a 680 acre scenic lake on the central Oregon Coast. And while it's a charming resort town, it's also a paradise of beauty, history and adventure. The mighty Pacific Ocean greets the beach along 7 gorgeous miles in Lincoln City. The beauty and activities along the seashore change with the seasons, adding spice and variety. There are excellent locations for wave, whale, sunset and storm watching, and the beach is a treasure trove for collecting driftwood, agates, shells and floats. Large rocks emerging from the sea create perfect pockets for tide pooling during low tides, and beach hiking, surfing, windsurfing and fishing challenge adventure seekers. 15 public beach accesses welcome those who wish to indulge! Devils Lake, deep only in terms of Indian folklore, is 1/3 mile wide, 3 miles long, and reaches a depth of only 22 feet. Nine species of freshwater fish beckon the fisherman, while water sports such as windsurfing, water skiing, knee-boarding and jet skiing engage other sports enthusiasts. Flowing from Devils Lake is the "D" River, which holds the title of the "World's Shortest River". From its source at Devils Lake, the river reaches its destination of the Pacific in a mere 120 feet. Fly your own kite or watch the spectacular aerial displays of color and shape at the D River Wayside. Voted the "Kite Capital of the World", Lincoln City receives steady winds because of our unique location on the 45th parallel. Or, try all seven golf courses for a smorgasbord of birdies, bogies and eagles. For the weather enthusiast, one of the greatest Lincoln City thrills without the chills is watching a feisty coastal storm from a cozy perch. Turbulent seas and howling winds set the sand and your imagination swirling as you peer into the eye of the storm. Storm watching is best during the winter months. Art galleries, factory outlets, books, antiques, boutiques, and assorted uniques! Where to begin may be your toughest decision. Lincoln City... where shopping really is a day at the beach. About Depoe Bay Your visit to the "Whale Watching Capital of the Oregon Coast" is sure to be a memorable one. There is a resident pod of grey whales which makes its home off Depoe Bay from March through December. Visitors from everywhere come to whale watch either from many shore observation spots or to take a charter out for a closer look. Depoe Bay has the smallest natural navigable harbor in the world consisting of six square acres. Because of the proximity to the ocean, fishermen or whale watchers can be from dockside to viewing or fishing in a matter of minutes. A huge sea wall runs the length of the downtown area which enables visitors to shop or dine always within view of the ocean. This is the only town on the entire coast with this amenity. Waves run beneath lava beds and build pressure to spout water as high as 60 feet into the air. These are known as spouting horns and are visible during turbulent seas and stormy weather.  Request my Free Lincoln City, Depoe Bay and Pacific City Relocation Package. It's packed full of useful and important information about the Lincoln City, Depoe Bay and Pacific City, Oregon area. Don't move here without it! Remember: I'll send it to you for free and without obligation. Just fill out the form and I will send it right out...

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About Appraisals >Three Caballeros
When you buy a house or refinance your present home, your lender will ask you to pay for an appraisal to help ensure that the sales price and mortgage amount is consistent with the property's market value. The appraiser will look for "three caballeros" or three "comparables" -- homes that are very similar to the one you are buying -- and will make adjustments to reflect the differences between the properties.
Housing patterns tend to be homogenous, meaning that homes worth $300,000 are usually located in $300,000 neighborhoods. It is important for properties to be within the general pricing patterns of their neighborhoods because over-valued homes, even if they are exceptional, are sometimes difficult to sell at full market price.
This is not the only factor considered in determining the worth of a property, but it is an important one. The buyer or seller may view the property as a home or an investment, but lenders view it in a completely different way. To a lender, property means security in the event a borrower fails to repay a mortgage. Therefore, lenders must know real estate values in order to limit their risks.
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What three things are necessary in order to purchase a home?
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Some cash, a dependable income and good credit. If you fall short, don't despair--homeownership may still be possible. |
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Platinum Mortgage Group, Inc. Platinum Mortgage Group's foundation is centered around superior customer service and options for it's customers. Find Out More >
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