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100% USDA Financing Available for Redmond Oregon - 10/30/08 04:05 PM
One of the biggest things stopping people from participating in the American Dream today is the ability to come up with the down payment. While talk of a credit crunch keeps some buyers sidelined because of credit problems, many others with good credit are able to get the best deals in years including programs with no down payment!
The program leading the way in no down payment requirements (for non veterans) is the USDA Rural Development loan. This loan is available right now for Redmond and who better to show you homes in this community than Cat Zwicker-Grant with Desert Sky Real Estate in Redmond.
To qualify for … (12 comments)
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USDA Rural Guaranteed 100% Loan Program for La Pine Oregon - 10/30/08 03:58 PM
One of the biggest things stopping people from participating in the American Dream today is the ability to come up with the down payment. While talk of a credit crunch keeps some buyers sidelined because of credit problems, many others with good credit are able to get the best deals in years including programs with no down payment!
The program leading the way in no down payment requirements (for non veterans) is the USDA Rural Development loan. This loan is available right now for La Pine and who better to show you homes in this community than Thesa Chambers with RE/MAX Sunset Realty in La Pine.
To … (2 comments)
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100% USDA Financing Available for Veneta Oregon - 10/30/08 03:45 PM
One of the biggest things stopping people from participating in the American Dream today is the ability to come up with the down payment. While talk of a credit crunch keeps some buyers sidelined because of credit problems, many others with good credit are able to get the best deals in years including programs with no down payment!
The program leading the way in no down payment requirements (for non veterans) is the USDA Rural Development loan. This loan is available right now for Veneta, and who better to show you homes in this community than Nicola Calvert with Real Estate by Design in Eugene.
… (0 comments)
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100% USDA Financing Available for Scio Oregon - 10/30/08 03:31 PM
One of the biggest things stopping people from participating in the American Dream today is the ability to come up with the down payment. While talk of a credit crunch keeps some buyers sidelined because of credit problems, many others with good credit are able to get the best deals in years including programs with no down payment!
The program leading the way in no down payment requirements (for non veterans) is the USDA Rural Development loan. This loan is available right now for Scio and Sweet Home, and who better to show you homes in these communities than Leslie Stewart with Prudential Real Estate Professionals … (0 comments)
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100% USDA Financing Available for Cottage Grove Oregon - 10/30/08 03:17 PM
One of the biggest things stopping people from participating in the American Dream today is the ability to come up with the down payment. While talk of a credit crunch keeps some buyers sidelined because of credit problems, many others with good credit are able to get the best deals in years including programs with no down payment!
The program leading the way in no down payment requirements (for non veterans) is the USDA Rural Development loan. This loan is available right now for Cottage Grove and Pleasant Hill and who better to show you homes in these communities than Lori Palermo with Fairway Real Estate in … (0 comments)
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100% USDA Financing Available for Creswell Oregon - 10/30/08 03:10 PM
One of the biggest things stopping people from participating in the American Dream today is the ability to come up with the down payment. While talk of a credit crunch keeps some buyers sidelined because of credit problems, many others with good credit are able to get the best deals in years including programs with no down payment!
The program leading the way in no down payment requirements (for non veterans) is the USDA Rural Development loan. This loan is available right now for Creswell and who better to show you homes in this community than Bobby Stevens with Eugene's Alternative - Realtors.
To qualify for … (1 comments)
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100% USDA Financing Available for Junction City Oregon - 10/30/08 03:03 PM
One of the biggest things stopping people from participating in the American Dream today is the ability to come up with the down payment. While talk of a credit crunch keeps some buyers sidelined because of credit problems, many others with good credit are able to get the best deals in years including programs with no down payment!
The program leading the way in no down payment requirements (for non veterans) is the USDA Rural Development loan. This loan is available right now for Junction City, and who better to show you homes in this community than Kelly Seeley with Prudential Real Estate Professionals in Eugene.
To … (0 comments)
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100% USDA Financing Available for Stayton Oregon - 10/30/08 02:49 PM
One of the biggest things stopping people from participating in the American Dream today is the ability to come up with the down payment. While talk of a credit crunch keeps some buyers sidelined because of credit problems, many others with good credit are able to get the best deals in years including programs with no down payment!
The program leading the way in no down payment requirements (for non veterans) is the USDA Rural Development loan. This loan is available right now for Stayton, Aumsville, Turner and Mill City, and who better to show you homes in these communities than Leslie Stewart with Prudential Real … (3 comments)
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Why I Love My Real Estate Profession - 10/28/08 12:26 AM
I have Leslie Stewart to thank for this honor.
That said, I think that it was totally unfair for her to tag me. I am filing an official complaint and want witnesses to the conspiracy that has landed me, a lender, with the title of a Real Estate Professional. Oh, what a name to hang on someone in this marketplace. However, I must say that I am actually proud to be part of the Real Estate Profession. I take great joy in helping people to get their first home. I know that the "Great American Dream," has been misused in the … (14 comments)
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100% VA Loans in Lane County to $417,000 - 10/27/08 04:04 PM
As we approach Veteran's Day (Nov. 11), I felt the need to pass on some information about VA loans that many people are not aware of. As a veteran, and a VA Home Loan participant, I believe one of the greatest things the country has done for veterans, is the VA Guaranteed Loan Program.
One of the little known portions of recent housing changes was Public Law 110-389, the Veterans' Benefits Improvement Act of 2008.
This law does three things:
EXTENSION OF ADJUSTABLE RATE MORTGAGE AUTHORITY: VA's authority to guarantee adjustable rate mortgages (ARMs) and hybrid adjustable rate mortgages (HARMs) … (8 comments)
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Red Agave Restaurant, a New Eugene Dining Experience - 10/25/08 06:20 PM
Last Friday, I had the pleasure of dining at the Red Agave Restaurant prior to attending Hal Holbrook's presentation of Mark Twain at the Hult Center.
The ambiance of the restaurant was open without being like a warehouse. The noise level was quite low and we didn't have to shout to be heard. The wait staff was attentive and responsive. Then we come to the food. The Red Agave explains, in their words: "We create a unique cuisine derived from daydreams of Oaxaca, Havana, Buenas Aires and myriad places in between."
The restuarant is located just up the street from the … (14 comments)
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Thursday Throwdown - 10/23/08 04:19 PM
My bro, Jason Sardi, does a fairly regular Friday RANT, so I thought I might try something of the same but I didn't want to take over his Friday....besides, we don't have a TGI Friday's in Eugene.
My big thing is that I don't understand what is happening with my blog. I really think I am writing some good, useful, informative stuff and getting a number of people dropping by to see it, but very few comments and it makes me wonder why? I respond to every comment...right or wrong? One of the most comments I have received was on the … (40 comments)
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Have You Seen Seth Godin? Let Him Know We Are Looking For Him! - 10/23/08 02:14 PM
Double the google juice. Now, still searching for Seth Godin I now give your Midori Miller's blog.
Via Midori Miller-Daytona Beach Florida Real Estate Trainer:
You Seen Seth Godin? Let Him Know We Are Looking For Him and give him this message:
Hey Seth Godin!!!! Come over and review Margaret Rome's new book" I think it's the next best thing since sliced bread and wouldn't it be just remarkable? (I could not resist) Calling Seth Godin Calling Seth Godin What Are The Chances of Seth Godin Reviewing My Book? Midori Miller is a licensed real estate associate with CENTURY 21 Sundance Realty, Real … (4 comments)
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Hey Seth Godin - Check This Out! - 10/23/08 02:11 PM
Eleanor Thorne with Cary Loans in North Carolina is trying to get enough Google juice to get a book reviewed for a friend. I hope this helps.
Via Eleanor Thorne, Cary Mortgage Loans:
Broker Bryant introduced me to an "old friend" here on the Rain - and she needs our help...
Margaret Rome is just finishing her book, "Real Estate the Right Rome Way," and would like to have Seth Godin review her book. Broker Bryant figured he probably has his Google Alerts on, and might get to reading Margaret's book if we did multiple post with this phrase:
Hey Seth Godin!!!! Come over and … (2 comments)
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Consumer Quick Tips: Your Credit Doesn't Have To Be 'Crunched' - 10/22/08 03:36 PM
My brother Jason, in PA has some great advice on helping your credit. I suggest you read and heed. Thanks Jason, you saved me a lot of typing.
Via Jason Sardi, Pennsylvania Mortgage Broker:
In a world where good credit seems to be more and more vital, every tip and piece of knowledge you can muster can be huge to your financial health. I read the other day that only 8% of the entire wealth of the world is ever printed as physical cash. The rest seems to exist on a computer hard drive, in electronic bank accounts around the world. That leaves 92% of the wealth … (9 comments)
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Foreclosure Scammers use Down Real Estate Market to Profit from Hardships - 10/22/08 02:52 PM
When there are people in trouble, there is almost always someone around to take advantage of them. Now, with an increase of foreclosures, we have a number of foreclosure scams starting or continuing to operate.
Homeowners facing foreclosure should beware of foreclosure scams. Scammers can cause the homeowner to lose both the home and the equity they have built.
Many scammers contact homeowners offering to "save" their houses. Property information is a matter of public record and fairly accessible by anyone interested in obtaining it. In addition to the information recorded with the county when the home was purchased, notifications of … (12 comments)
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Wise and Safe Investing Forum scheduled for Eugene - 10/22/08 01:19 PM
I have become re-aquainted with a new (at least to some) site for great information about Oregon lending and investing. It is the Oregon Department of Finance and Corporate Securities website.
One of the items on the website is an announcement for a "Wise and Safe Investing Forum" to be hosted in Eugene in December. The way the market is going, this could be an excellent use of time.
AARP Oregon and the Department of Consumer and Business Services are hosting a FREE investment education forum entitled "Wise and Safe Investing." The forum is Tuesday, December 2 at the Valley River Inn in Eugene … (0 comments)
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USDA Rural Guaranteed 100% Loan Program for Benton County - 10/20/08 03:49 PM
I have had several people interested in obtaining a USDA home loan for property in Marion, Polk, Linn and Benton Counties. I've put together a map of part of the county that should help in identifying areas that qualify for this program.
As you might know - it's one of the last TRUE 100% home loans available - and it doesn't have PMI! The rates are comparable to FHA, so it's a very affordable payment! You do not have to have PRESTINE credit, but we generally want to see scores above 580, and 12 months of "clean credit."
USDA does require that the property … (4 comments)
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USDA Rural Guaranteed 100% Loan Program for Polk County - 10/20/08 03:45 PM
I have had several people interested in obtaining a USDA home loan for property in Marion, Polk, Linn and Benton Counties. I've put together a map of part of the county that should help in identifying areas that qualify for this program.
As you might know - it's one of the last TRUE 100% home loans available - and it doesn't have PMI! The rates are comparable to FHA, so it's a very affordable payment! You do not have to have PRESTINE credit, but we generally want to see scores above 580, and 12 months of "clean credit."
USDA does require that the property … (0 comments)
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USDA Rural Guaranteed 100% Loan Program for Linn County - 10/20/08 03:42 PM
I have had several people interested in obtaining a USDA home loan for property in Marion, Polk, Linn and Benton Counties. I've put together a map of part of the county that should help in identifying areas that qualify for this program. I would also recommend you contact Leslie Stewart with Prudential Real Estate Professionals in Stayton for help in finding that property, especially in Marion and Linn Counties. You can call Leslie at 503-769-3448 X 1910 or her cell at 503-932-8202.
As you might know - it's one of the last TRUE 100% home loans available - and it doesn't have PMI! The rates … (2 comments)
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USDA Rural Guaranteed 100% Loan Program for Marion County - 10/20/08 03:35 PM
I have had several people interested in obtaining a USDA home loan for property in Marion, Polk, Linn and Benton Counties. I've put together a map of part of the county that should help in identifying areas that qualify for this program. I would also recommend you contact Leslie Stewart with Prudential Real Estate Professionals in Stayton for help in finding that property, especially in Marion and Linn Counties. You can call Leslie at 503-769-3448 X 1910 or her cell at 503-932-8202.
As you might know - it's one of the last TRUE 100% home loans available - and it doesn't have PMI! The rates … (2 comments)
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FHA 203k Streamline Limited Repair Program, Great for Bank Owned Properties - 10/20/08 01:18 PM
FHA 203(k) Streamline is not what you expect when you hear 203(k). It is not the cumbersome program of old that required a consultant, nor does it require a general contractor. There are limits as to what can be done with the program, but overall, it is great for those "fixer-uppers" that need some cosmetic repair to make it work. MAJOR POINT: it is only for owner occupied properties.
I can help you with this program in Oregon, Washington and California. Give me a call today!
… (10 comments)
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Five ways to avoid foreclosure and sometimes save your home and credit - 10/20/08 12:36 PM
If you, or someone you know, is behind or going to get behind on the mortgage payments, there may be a way to keep your home and maintain your credit rating if you confron the problem early. The most common mistake people make when they get behind on their mortgage payments is to ignore the problem. I know that there are some people that don't even open the foreclosure warning they get from the lender. Not all of the following methods will result in saving your credit and two will not save your home but will keep you out of foreclosure.
Forbearance … (13 comments)
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Delinquent FHA Loan - There is a way to bring it current - Partial Claim - 10/16/08 01:19 PM
They say the way to stay young is to continually learn something. Based on that, I think I am about 20, instead of 61 and I learned something new today. There is a program outlined in FHA Mortgagee Letter 2003-19 called a "partial claim" and it is available to people with FHA loans that are more than 4 months and less than 12 months delinquent on their mortgage.
There are specific criteria, actually, it would be pretty dumb if there weren't. One of them is that you are now able to make the payments and another is that you don't have … (19 comments)
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HOPE for Home Owners, will it or won't it be a viable program? - 10/15/08 04:40 PM
On the "HOPE for Homeowners Frequently Asked Questions for the Housing Industry" page, is the following question:
Why should existing lien holders accept the short payoff that is required under the terms of the law?
HUD understands that lien holders might wonder why they should accept short payoffs in order to participate in this program, especially when there are other loss mitigation tools available that may provide a more suitable solution. However, in instances where those tools prove ineffective, HUD believes that the holders of these mortgages should seriously consider these short payoffs today rather than the tremendous uncertainties about ultimate … (36 comments)
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USDA Rural Guaranteed 100% Loan Program for Lane County - 10/14/08 06:14 PM
I have had several people interested in obtaining a USDA home loan for property in Lane County. I've put together a map of part of the county that should help in identifying areas that qualify for this program.
As you might know - it's one of the last TRUE 100% home loans available - and it doesn't have PMI! The rates are comparable to FHA, so it's a very affordable payment! You do not have to have PRESTINE credit, but we generally want to see scores above 580, and 12 months of "clean credit."
USDA does require that the property be located in … (2 comments)
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USDA Rural Guaranteed 100% Loan Program for Jefferson County - 10/14/08 04:38 PM
I have had several people interested in obtaining a USDA home loan for property in Jefferson County. I've put together a map of part of the county that should help in identifying areas that qualify for this program.
As you might know - it's one of the last TRUE 100% home loans available - and it doesn't have PMI! The rates are comparable to FHA, so it's a very affordable payment! You do not have to have PRESTINE credit, but we generally want to see scores above 580, and 12 months of "clean credit."
USDA does require that the property be located in … (4 comments)
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USDA Rural Guaranteed 100% Loan Program for Crook County - 10/14/08 04:35 PM
I have had several people interested in obtaining a USDA home loan for property in Crook County. I've put together a map of part of the county that should help in identifying areas that qualify for this program.
As you might know - it's one of the last TRUE 100% home loans available - and it doesn't have PMI! The rates are comparable to FHA, so it's a very affordable payment! You do not have to have PRESTINE credit, but we generally want to see scores above 580, and 12 months of "clean credit."
USDA does require that the property be located in … (0 comments)
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USDA Rural Guaranteed 100% Loan Program for Deschutes, Crook and Jefferson Counties - 10/14/08 04:32 PM
I have had several people interested in obtaining a USDA home loan for property in Deschutes County. I've put together a map of part of the county that should help in identifying areas that qualify for this program.
As you might know - it's one of the last TRUE 100% home loans available - and it doesn't have PMI! The rates are comparable to FHA, so it's a very affordable payment! You do not have to have PRESTINE credit, but we generally want to see scores above 580, and 12 months of "clean credit."
USDA does require that the property be located … (2 comments)
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How's this for a Guest Blogger? - 10/13/08 03:11 PM
Jason Sardi, an intelligent, many times off the wall, never boring, always thought provoking, loan officer in PA got an very interesting explanation of derivatives, just what I know everyone talks about round the dinner table. Take a moment and see where we may have gone wrong on this transaction.
Via Jason Sardi, Pennsylvania Mortgage Broker:
There's this individual that perhaps some of you may be familiar with. He's a bit of an intellectual. He's a bit of a comedian. He's a bit of a verbal genius. Despite the vicious rumors of his demise, this man is alive and well and living in a … (5 comments)
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More investment news - Stock Brokers and Pigeons - 10/13/08 02:59 PM
I have a simple question today. Do you know the difference between a pigeon and a stock broker?
The difference is that pigeons can still make a deposit on a new Mercedes. I kind of guess that maybe loan officers and Realtors may be in close to the same category but truth to tell, I would rather be a loan officer than a stock broker right now. How about you?
… (13 comments)
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LENN HAD AN EPIPHANY THIS MORNING. MY APOLOGIES TO ALL LOAN OFFICERS. - 10/13/08 01:53 PM
Lenn has a lot to say about the mortgage mess and very good information along the way. I suggest you check out what Lenn says here. The discussion following her original post is also excellent. You can read it here: http://activerain.com/blogsview/729270/LENN-HAD-AN-EPIPHANY
Via Lenn Harley:
Via Lenn Harley:
* * * * WARNING! HARD CORE REAL ESTATE TALK * * * *
I was wrong!
I was wrong!
I was wrong!
What took me so long to come to my senses? I suppose that it was a naive desire to trust government. Geez! I've never make that mistake again.
I had, in … (2 comments)
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Hope for Home Owners vs. Negotiated Payment Reduction...which will work? - 10/13/08 01:43 PM
OK, I am going to make some assumptions as to what may happen in relation to the Hope for Homeowners (H4H) vs. a negotiated adjustment in a current mortgage.
For this exercise, let's assume the following:
•1. Home was purchased in October 2006 on a 2 year ARM
•2. Price of home was $200,000
•3. No Down Payment - Current balance is $196,850
•4. Initial Interest rate is 8.5%
•5. P&I is $1,537.83
•6. Index is 6 month Libor - Currently at 4.02%
•7. Margin is 6.7%
•8. Current value of home is $180,000 (10% decrease in value)
•9. Current FHA … (0 comments)
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Hope for Homeowners or H4H outlined by HUD - 10/12/08 05:43 PM
HUD had delivered the basic brushstrokes for the new Hope for Homeowners program that came into effect Oct. 1 with the Housing Bill of 2008. Interestingly, apparently there is no list of lenders available yet as to who will be doing these loans. However, the following is very interesting:
List of participating lenders COMING SOON The HOPE for Homeowners (H4H) program was created by Congress to help those at risk of default and foreclosure refinance into more affordable, sustainable loans. H4H is an additional mortgage option designed to keep borrowers in their homes.
The program is effective from October 1, 2008 … (17 comments)
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Best investment advice I can find - 10/11/08 09:05 PM
"If you had purchased $1,000 of shares in Delta Airlines one year ago, you will have $49 today. If you had purchased $1,000 of shares in AIG one year ago, you will have $33 today. If you had purchased $1,000 of shares in Lehman Brothers one year ago, you will have $0 today.
"But, if you had purchased $1,000 worth of beer one year ago, drank all the beer, then turned in the aluminum cans for a recycling refund, you would have received $214."
This is making the rounds of e-mails and blogs, but I really can't see where there is … (5 comments)
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Izumi Sushi and Grill - Another in my quest to eat everywhere. - 10/11/08 04:31 PM
Any of you that have been reading my blog posts in the past, know that I am pretty eclectic in my taste in food. If you have met me, you probably can figure out that I like to eat. There may be those that are surprised that one of my favorite things to eat is raw fish, but not just any raw fish. For instance, I have never been known to bite a rainbow after I pull it in and for that matter, I like my catfish breaded.
However, I do like properly prepared Sushi and Sashimi and will go out … (8 comments)
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Money Security - 10/10/08 05:21 PM
I have just heard that there has been a great interest in stock of Serta, Seely and Englander. Apparently people are taking their money out of the stock market and looking for a safe place to put it. At the top of their list, mattresses.
Well, I guess it is better than setting fire to it.
Who would have thought that the days of old would be so new again. As a lender, I have always had difficulty dealing with "mattress money" and that may be coming back to haunt me. In the meantime, don't buy a waterbed, you money … (4 comments)
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2008 Consolidations make for great investments - 10/09/08 03:45 PM
Investment tips for 2008 With all the turmoil in the market today and the collapse of Lehman Bros and Acquisition of Merrill Lynch by Bank of America this might be some good advice. For all of you with any money left, be aware of the next expected mergers so that you can get in on the ground floor and make some BIG bucks. Watch for these consolidations later this year: 1.) Hale Business Systems, Mary Kay Cosmetics, Fuller Brush, and W R Grace Co. Will merge and become: Hale, Mary, Fuller, Grace. 2.) Polygram Records, Warner Bros., and Zesta Crackers join forces and become: Poly, Warner Cracker. 3.) 3M … (12 comments)
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Does anyone know what the VIX index is? - 10/08/08 04:30 PM
If you don't here it is: The VIX index, also called the fear index, is the market volatility index.
A reading of 20 or below is a very complacent market and things are in pretty good shape, overall. A reading of 30 is a very volatile market as a result of investor fear or uncertainty and there is cause of concern.
Today, the VIX index was at 59, an all time high. AN ALL TIME HIGH in the fear index. Damn!
Winston Churchill, one of my all time favorite inspirational speakers said at a commencement address, "Never give in...!" Unfortunately, I think … (18 comments)
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Can you spell Volitility? Rollercoaster? Merry-go-round? Tilt-a-whirl? or Bungie Jump? - 10/08/08 12:26 PM
The Fed cut the discount rate by .5% this morning in a "surprise" move and, I think, were surprised they didn't surprise anyone. The only one that appeared surprised were the ones looking for a .75 or 1% cut in the rate. The Dow has been trading about +/- 150 -200 points down on the news. The bond market, originally, took it as a fairly benign move but has since taken a complete dislike to the move, dropping over 100 basis point on the Fannie Mae 5.5% bond and nearly 300 basis points on the 10 Year Treasury. In the time … (9 comments)
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USDA Rural Guaranteed Loan Program offers real estate loans to 102% loan to value for purchases - 10/06/08 04:00 PM
100% financing has become harder to find but there are still a few options available in Oregon. One is, of course, Federal VA but this is open only to veterans and active duty military personnel. A fantastic opportunity to purchase a home for someone that qualifies.
Next would be a FHA loan with some sort of down payment assistance program, of which the only ones currently available are SHOP, HAP and PAL. Unfortunately, HAP and PAL are currently out of money according to recent reports. (Please see previous postings for what these are.)
That brings me to the USDA Rural Guaranteed … (12 comments)
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Another day on the Market! Stability reigns (yeah right!) - 10/06/08 02:09 PM
I got up this morning to the news that the Dow was down over 400 points only later to hit nearly 800 points and right now is down over 700 points. And all of this is after the "great" news that our Congress had passed and President had signed the biggest bail out bill in history. This was supposed to give us stability in the market place. It started really early today half way across the world when the Asian markets dumped. The Russian market dumped and was frozen. The European market dumped. And then, SURPRISE, the American market dumped. I … (4 comments)
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McKenzie Stage Stop, restaurant lunch review - 10/04/08 05:19 PM
Had a bit of time for lunch the other day, so I decided to stop at the McKenzie Stage Stop located in Cedar Flat but I would be surprised if you can find it on many maps. Cedar Flat consists of a small restaurant, a service station and a few homes between Thurston (Springfield) OR and Walterville and boasts the best food this side of The Sister's on their sign outside.
The offer Prime Rib on Friday and Saturday and I have been thinking about stopping in for that but haven't had the chance. So, I stopped in on Monday for … (10 comments)
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FHA 203k Streamline Limited Repair Program Great for the Purchase of HUD Homes - 10/03/08 03:33 PM
… (6 comments)
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Bail out or rescue bill, whatever you want to call it passes House - 10/03/08 02:16 PM
OK, let me get this straight. The House just passed the bill that is supposed to make everything all better. That makes, by my calculation, $1,125,000,000,000 in rescue money appropriated in less than a month, right?
So, in response, the stock market was up. No, the stock market was down. No, the stock market was up. No, the stock market was down. No, the stock market was unchanged. But the real marker is the bond market. Treasury bonds were down, then they were up and then they were flat. However, mortgage bonds were down, then they were up, then they were … (5 comments)
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Bailout, Rescue Plan, Investment, Future, Past, Present, Wall Steet, Main Street - 10/02/08 10:37 AM
Interesting, on Monday the House of Representatives defeated a plan to obligate $700,000,000,000 in taxpayer money to stabilize the U.S. economy before a "total melt down," according to Henry Paulson, Secretary of the Treasury. It was a coalition of those on the right and those on the left to bring the bill down. One of the reasons was that it was too much money.
Today, the same house will start debate on the core act they defeated before with an additional $105,000,000,000 added to it by the Senate and the consensus is that it has a good chance for passage this … (11 comments)
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ReBlog Please! Tell Ten Friends And So On... - 10/02/08 12:41 AM
As you ask, so shall I do Midori.
Via Midori Miller-Daytona Beach Florida Real Estate Trainer:
Today Kim Wood sent me a tweet and reminded me it is Cancer Awareness Month and make sure and spread the word. This evening in my email I recieved this important message. Rather than go through my address book I decided to share with the masses. Please I encourage you to reblog this or even forward this post to your friends and loved ones.
This disease touches so many and changes lives forever..we can do the same but in a positive way!
Help … (3 comments)
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The Bomb in your Basement - 10/02/08 12:09 AM
This is the third time I have re-blogged one of Jim's posts. He always has such wonderful examples of his findings. I think you can learn a lot from what Jim has to say. Keep up the good work Jim.
Via Jim Allhiser:
Although in Salem Oregon water heaters do require a Minor Label for professional water heater installation, many handy home owners tackle this job on their own.
Here are just some of the things that well meaning installers can get totally wrong:
Lack of Straps: Water heaters in this area should be strapped on the top third and bottom … (1 comments)
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FHA 203k Streamline Limited Repair Program, Great for REOs - 10/01/08 12:17 PM
FHA 203(k) Streamline Limited Repair Program Loan Process What is it? The 203 (k) Streamline Limited Repair Program allows a customer to purchase or refinance a home and make limited upgrades/repairs to the property all under one single loan. There is no minimum amount for the repair costs; however the maximum is $35,000 (includes a 10% contingency). There is a mandatory 10% contingency required on all Streamline loans. If the contingency is not used, it will be applied to the principal mortgage balance. No more than two payments may be made payable to the contractor. Borrower repairs require special handling. The … (6 comments)
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Fred Chamberlin - Oak Harbor/Whidbey's #1 Experienced FHA Mortgage Consultant
Oak Harbor,
WA
More about me…
Guild Mortgage Co - Oak Harbor WA
Address: 32785 State Route 20, Suite 5, oak Harbor, wa, 98277
Office Phone: (360) 675-6106
Cell Phone: (541) 221-3455
Email Me
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