Haley Overton

Hi there, I'm so sorry for your loss. It can be difficult when a family member passes away and you're left wondering how to handle their estate. My recommendation would be to hire an estate attorney who can help you determine if there was a trust in place and if not, can help you establish someone to be in charge of the estate. You don't typically pay the attorney up front - they take a cut after the estate is settled. Best of luck!

Your agent might be shocked because while a low appraisal can sometimes mean that the seller will agree to sell the property to you for that price, it often means you will go back and renegotiate the purchase price with the seller. Oftentimes we see a renegotiation to somewhere close to the appraised value, but not always that exact amount. If you feel that your agent isn't on your side, I recommend having an honest conversation to that effect to see if there was possibly a miscommunication. Best of luck and hopefully you can get your price negotiated down and get those payments lower!

You're asking the right questions up front! Navigating the mortgage world for the first time feels like learning a new language. To keep it simple, think of your options in two categories: The Loan (the debt) and The Assistance (the help). 1. The "Big Three" Loans -FHA: Best for lower credit (580+) and small down payments (3.5%). -Conventional: Best if your credit is 620+; only requires 3% down. -USDA/VA: 0% down options for specific rural areas or Veterans. 2. The "Free Money" (Grants) Most states offer Down Payment Assistance (DPA). This can be a grant or a "silent" second loan that you don't pay back until you sell. 3. Ask Your Lender These 3 Questions: Do you participate in state/local down payment assistance programs? What is the total monthly payment including principal, interest, taxes and PMI (private mortgage insurance if you're putting less than 20% down)? Which loan type (FHA vs. Conventional) is cheaper for my specific credit score? If you need a local lender here in Bend, I'd love to recommend a few!