Service Areas
About Nancy Kramer
Real estate decisions are easier when you have good information. I help buyers and sellers in Prineville and throughout Central Oregon understand the property, the market and their options before deciding what comes next.
I'm a Prineville-based REALTORA(R) with Root & Branch Realty Group, working with residential homes, land and rural properties throughout Crook County and Central Oregon. For sellers, my approach begins with careful property research, realistic pricing and a marketing strategy built around the individual property-not a one-size-fits-all listing plan.
For buyers, I believe good representation means more than opening doors. I help clients investigate the details that can materially affect a purchase, particularly with land and rural properties where zoning, wells, septic systems, access, utilities and other due-diligence issues can matter just as much as the house itself.
Whether you're preparing to sell, buying your first home, relocating, or trying to make sense of a complicated property, my job is to help you ask better questions and make better real estate decisions.
Credentials
LICENSE
Specialties
- Buyer's Agent
- First Time Home Buyers
- Investment Properties
- Land & Lots
- Military/Veterans
- Notary
- Relocation
Answered Questions
Hi! There are actually quite a few programs that may help, depending on where you live and your income. A little more information is needed to give a complete answer, but here are some of my thoughts. First-time homebuyers may qualify for low down payment loans (FHA, USDA, or certain conventional programs); down payment and closing cost assistance, state and local first-time buyer programs (in Oregon, for example, we have the Oregon Bond program); and special financing for low- to moderate-income buyers. A good lender will be able to guide you there. Regarding rent-to-own, those opportunities do exist, but they're much less common than many people think. My experience has been that the seller is usually an investor, and they will ask for a substantial, non-refundable deposit and then will carry the note on the property for a short period of time, often only a couple of years. You negotiate a sale price at that time. At the end of that period, you refinance the seller-carried note for the price you agreed upon (you should have a formal contract in place specifying this and other terms). If you have not qualified for traditional or other financing, the seller can exercise options that are specified in the contract, including terminating it and keeping the deposit, or re-negotiating the sales price. In many cases, buyers can qualify for traditional financing sooner than they expect, especially if they use one of the assistance programs available. I'd also heartily recommend working with a lender who can help you navigate (and address) credit challenges. I'd be happy to point you in the right direction. What state are you in, and have you spoken with a lender yet?
