Oregon Home Loans

St Helens Oregon Starter Home

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Fri, 06 Nov 2009 22:31:37 -0600

St Helens Oregon Starter Home

3 Bd/2 Bth for $153,500
RMLS # 9079926

35477 Oakwood, St Helens OR 97051

This St Helens, Oregon Home qualifies for 100% Financing!!
and
the extended $8000 Homebuyer Tax Credit

USDA Guaranteed Rural Home Loan Program

Check out more pictures of this house by

CLICKING HERE!

Beautiful 3 bedroom, 2 bath townhome close to a Campbell and McCormick Parks and downtown. Pictures and words do not do this home justice.
This is a MUST SEE.

Program	Rate	APR	Down Payment	Monthly Payment
USDA Guaranteed Rural Home Loan	4.875%	5.092%	$0	$955.58
FHA	5%	5.092	$5,238	$1,038
Conforming	4.875%	5.255%	$34,447	$817

The above rates are based on acceptable credit, the ability to fully document your income and meet all appropriate lender guidelines. These rate meant to be an example of what you could expect and are subject to change at any time due to market conditions or lender program changes.
or a Good Faith Estimate based on your unique situation, please contact Larry Morris below.

St Helens is an excellent town for first time homebuyers. It is a beautiful, small town on the Columbia River. Located just 18 miles from Vancouver, 25 miles from Portland and 20 miles to Longview, WA, St Helens is closer to Portland's job center then most people realize. Home to some of the best kayaking, sailing and fishing in Oregon, St Helens is a gem waiting to be discovered.

It's also close enough to Portland to take advantage of all Portland has to offer, but far enough away for home prices to be reasonable.

Listed by:

Todd and Leslie McCabe
John L Scott Real Estate

Contact Broker

St Helens First Time Home Buyers are able to purchase a home with:
100% Financing with NO monthly Mortgage Insurance
$0 Down Payment
Up to 6% Seller Concessions that can be applied towards your Closing Costs.
Simplified Appraisal Process

There are Income Qualifiers. You can't make to much or to little.

Find out if YOU qualify..

Get Pre-Approved today!!
OR
Local Clients Call: 503-421-0096
Not in the Area? Call: 1-888-660-2842 and Ask for Larry

View all of our FEATURED HOMES here!!

Use our FREE Search Engine to find your Oregon Home.

Larry Morris is a Certified Mortgage Planning Specialist with American Nationwide Mortgage Company in Newberg, Oregon. He specializes in USDA Guaranteed Rural Home Loans, FHA Purchase and Refinance, FHA 203k Rehab loans, Sect 184 Native American loans, Hobby Farm loans and conforming purchase and refinances in the states of Oregon and Washington.

He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.

More Newberg Homebuyers Qualify for Homebuyer Tax Credit

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Fri, 06 Nov 2009 13:44:10 -0600

More Newberg Homebuyers Qualify for Homebuyer Tax Credit

President Obama has just signed an expanded version of the $8,000 first time home buyer tax credit that was set to expire on November 30. This will allow more Newberghomebuyers, both first time homebuyers and move up homebuyers, to qualify for the tax credit.

The new version of the tax credit has the potential to stimulate the housing market even more than the old version due to the fact that more Oregonians will qualify under the new rules. Although the tax credit remains at $8,000 for home buyers that have not owned a primary residence in the last three years, it has been expanded to include a $6,500 tax credit for home buyers that have lived in their current primary residence for at least five consecutive years out of the past eight years. Under the old rules, move-up home buyers did not qualify.

Consider these three examples:

Example 1:
Jane purchased a home in 2002, lived there for 5 years as her primary home, moved
out in 2007, and turned that home into a rental property. If Jane decides to buy a
new primary residence today, she would qualify for the $6,500 tax credit based on
the fact that she lived in the same residence as her primary home for at least five
consecutive years out of the past eight.

Example 2:
Harry purchased a home in 2004, and lived there for the past 5 years as his primary
home. If Harry decides to buy a new primary residence today, he would qualify for
the $6,500 tax credit based on the fact that he lived in the same residence as his
primary home for at least five consecutive years out of the past eight.

Example 3:
Nicole purchased a home in 2006, and lived there for the past 3 years as her primary
home. If Nicole decides to buy a new primary residence today, she would not qualify
for the $6,500 tax credit based on the fact that she did not live in the same residence
as her primary home for at least five consecutive years out of the past eight.

The tax credit applies to Newberg, Oregon homes purchased for less than $800,000 before May 1,
2010. If you sign a binding contract to purchase a home before May 1st, you would
need to close on the transaction before July 1, 2010. It works kind of like a gift certificate that can be redeemed for cash. You simply file a form with the IRS right after you buy your home, and the IRS will send you a check for the full amount of your credit.

The income limitation for single tax payers in Newberg went up from $75,000 under the old rules to $125,000 under the new rules. For married tax payers, the income limitation went up from $150,000 to $225,000. This means that more people will qualify for the credit - especially in parts of Oregon with higher costs of living. This should help stimulate parts of the housing market that may not have been impacted by the old version of the credit. As an example, earlier this year I helped a single Fire Fighter get into a townhome. He works a lot of overtime and makes around $90,000 per year. This disqualified him for the tax credit under the old rules, but he would qualify under the new rules.

There are many creative ways of structuring your home purchase transaction in ways
that maximize the benefits of the credit. Here are a few examples:

The credit applies to 1-4 unit homes as long as you live in one of the units as your primary residence - you could live in one unit and rent out the others.
If two unmarried individuals buy a home, and only one of the individuals qualifies for the credit based on their income or past home ownership status, the individual who qualifies for the credit can claim the full credit. (Note: In the case of married couples, both spouses must qualify for the credit.)
The credit applies even if you have co-signers on your mortgage loan.

Combined with the USDA Guaranteed Rural Home Loan or an FHA Loan, lower property values, many great homes on the market and today's great rates, there has never been a better time to buy a home in Oregon.

Home buyers who work with a Certified Mortgage Planning Specialist are much better equipped to save money and navigate the complexities of the tax credit.

He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.

More Sherwood Homebuyers Qualify for Homebuyer Tax Credit

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Fri, 06 Nov 2009 13:41:09 -0600

More Sherwood Homebuyers Qualify for Homebuyer Tax Credit

President Obama has just signed an expanded version of the $8,000 first time home buyer tax credit that was set to expire on November 30. This will allow more Sherwood, Oregon homebuyers, both first time homebuyers and move up homebuyers, to qualify for the tax credit.

Consider these three examples:

The tax credit applies to Sherwood homes purchased for less than $800,000 before May 1,
2010. If you sign a binding contract to purchase a home before May 1st, you would
need to close on the transaction before July 1, 2010. It works kind of like a gift certificate that can be redeemed for cash. You simply file a form with the IRS right after you buy your home, and the IRS will send you a check for the full amount of your credit.

The income limitation for single tax payers in Sherwood went up from $75,000 under the old rules to $125,000 under the new rules. For married tax payers, the income limitation went up from $150,000 to $225,000. This means that more people will qualify for the credit - especially in parts of Oregon with higher costs of living. This should help stimulate parts of the housing market that may not have been impacted by the old version of the credit. As an example, earlier this year I helped a single Fire Fighter get into a townhome. He works a lot of overtime and makes around $90,000 per year. This disqualified him for the tax credit under the old rules, but he would qualify under the new rules.

There are many creative ways of structuring your home purchase transaction in ways
that maximize the benefits of the credit. Here are a few examples:

The credit applies to 1-4 unit homes as long as you live in one of the units as your primary residence - you could live in one unit and rent out the others.
If two unmarried individuals buy a home, and only one of the individuals qualifies for the credit based on their income or past home ownership status, the individual who qualifies for the credit can claim the full credit. (Note: In the case of married couples, both spouses must qualify for the credit.)
The credit applies even if you have co-signers on your mortgage loan.

Home buyers who work with a Certified Mortgage Planning Specialist are much better equipped to save money and navigate the complexities of the tax credit.

He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.

More Portland Oregon Homebuyers Qualify for Homebuyer Tax Credit

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Fri, 06 Nov 2009 13:37:44 -0600

More Portland Oregon Homebuyers Qualify for Homebuyer Tax Credit

President Obama has just signed an expanded version of the $8,000 first time home buyer tax credit that was set to expire on November 30. This will allow more Oregon homebuyers, both first time homebuyers and move up homebuyers, to qualify for the tax credit.

Consider these three examples:

The tax credit applies to Oregon homes purchased for less than $800,000 before May 1,
2010. If you sign a binding contract to purchase a home before May 1st, you would
need to close on the transaction before July 1, 2010. It works kind of like a gift certificate that can be redeemed for cash. You simply file a form with the IRS right after you buy your home, and the IRS will send you a check for the full amount of your credit.

The income limitation for single tax payers in Oregon went up from $75,000 under the old rules to $125,000 under the new rules. For married tax payers, the income limitation went up from $150,000 to $225,000. This means that more people will qualify for the credit - especially in parts of Oregon with higher costs of living. This should help stimulate parts of the housing market that may not have been impacted by the old version of the credit. As an example, earlier this year I helped a single Fire Fighter get into a townhome. He works a lot of overtime and makes around $90,000 per year. This disqualified him for the tax credit under the old rules, but he would qualify under the new rules.

There are many creative ways of structuring your home purchase transaction in ways
that maximize the benefits of the credit. Here are a few examples:

The credit applies to 1-4 unit homes as long as you live in one of the units as your primary residence - you could live in one unit and rent out the others.
If two unmarried individuals buy a home, and only one of the individuals qualifies for the credit based on their income or past home ownership status, the individual who qualifies for the credit can claim the full credit. (Note: In the case of married couples, both spouses must qualify for the credit.)
The credit applies even if you have co-signers on your mortgage loan.

Home buyers who work with a Certified Mortgage Planning Specialist are much better equipped to save money and navigate the complexities of the tax credit.

He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.

More Oregon Homebuyers Qualify For Homebuyer Tax Credit

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Fri, 06 Nov 2009 13:35:00 -0600

More Oregon Homebuyers Qualify for Homebuyer Tax Credit

Consider these three examples:

There are many creative ways of structuring your home purchase transaction in ways
that maximize the benefits of the credit. Here are a few examples:

The credit applies to 1-4 unit homes as long as you live in one of the units as your primary residence - you could live in one unit and rent out the others.
If two unmarried individuals buy a home, and only one of the individuals qualifies for the credit based on their income or past home ownership status, the individual who qualifies for the credit can claim the full credit. (Note: In the case of married couples, both spouses must qualify for the credit.)
The credit applies even if you have co-signers on your mortgage loan.

Home buyers who work with a Certified Mortgage Planning Specialist are much better equipped to save money and navigate the complexities of the tax credit.

He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.

Mortgage Rates to Remain Low?

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Wed, 14 Oct 2009 13:33:59 -0500

The minutes from the September Fed Meeting have been released and needless to say, it was a heated meeting. However, most of the Fed members agreed that we are not yet in a position to increase the rate of short term funds and that the purchase of Mortgage Backed Securities should be extended.

According to Greg Robb's article in MarketWatch FOMC minutes reveal depth of disagreement over outlook

"But the minutes of the Federal Open Market Committee meeting of Sept. 22-23 reveal that below the veneer, officials have a wide range of views about where the economy is headed and therefore where Fed policy needs to be. The wide range of opinions about the economic outlook and the Fed's unprecedented policies had been expected by Fed watchers given the "cacophony" heard from officials in their public remarks.

Some officials believe that the Fed will need to tighten policy sooner rather than later. Others are worried that a weak recovery might cause a dangerous downturn in prices. Most Fed officials agreed that a recovery has started. But there was little agreement about the strength of the expected upturn.

There was a "range of views" expressed about the Fed's unprecedented credit-easing policies. Some Fed officials wanted to boost the size of the Fed's purchase of mortgage securities, while one wanted to end the program early.

There was no appetite for hiking rates at this meeting because "the cost of the economy turning out to be weaker than anticipated could be relatively high," the minutes said. The Fed decided to extend its purchase of MBS and asset-backed securities into the first quarter to smooth them out and avoid any sudden end that might jolt markets"

So what does this mean to Oregon Homeowners?

If this is correct, we should continue to see 30 year fixed rates below 5% into the 1st quarter of 2010. this bodes well for those who have yet to refinance and for those looking for a home. Fall and winter are usually poor times to sell a home in Oregon as the weather is generally bad. This should mean sellers are more willing to accept a reasonable offer, then wait for a higher one.

Time will tell.

Feel free to call me to get yourself or your clients qualified for an Oregon Home Loan today. 503-421-0096.

He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.

Scam Alert on Jury Duty

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Wed, 07 Oct 2009 13:25:37 -0500

I received this from a reliable source. It should be taken seriously. Remember, don't ever give your personal information to anyone over the phone unless you know it is from a trusted source.

Scam Alert:

Type: Jury Duty Vishing Scam

Method of Delivery: Phone call from an alleged court officer

Primary Region Effecgted: Reports from 11 states, including: Florida, New York, Minnesota, Illinois, Colorado, Oregon, California, Virginia, Oklahoma, Arizona, and New Hampshire; may spread nationally

Source: Federal Bureau of Investigation (www.fbi.gov)

Scam Characteristics: A caller identifies him/herself as an officer of the court and notifies the victim that a warrant has been issued for their arrest for a failure to report for jury duty. If the victim protests they have never received a summons for jury duty, the scammer asks for a Social Security number and date of birth to verify the victim's identity and cancel the arrest warrant. This fraud is spreading quickly and has been reported in 11 states so far.

Recommended Precautions:

Be Suspicious
These vishing scams (a combination of the words "voice" and "phishing") are designed to get you to provide criminals with your personal and financial information. Most organizations will not ask you to provide your sensitive information during an unsolicited phone call, so any caller that does should immediately send up a red flag.

Never Provide Your Sensitive Information to Unsolicited Callers
Sensitive information includes your Social Security number, your credit card or debit card numbers, your birth date or birthplace, your vehicle registration plate number, and any other information you wish to keep private.

Contact the Court in Question
To determine the legitimacy of the call, contact the court in question at a number that can be found in the phone book, on a phone directory website, or by calling directory assistance.

Sensitive information includes your Social Security number, your credit card or debit card numbers, your birth date or birthplace, your vehicle registration plate number, and any other information you wish to keep private.

He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.

An Easier Way to Send Cards

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Mon, 05 Oct 2009 17:17:52 -0500

An Easier Way to Send Cards.

Things have been really happening at SendOutCards. The annual convention was a little over a week ago and there were several great announcements. The most radical and potentially important one is that joining and using SendOutCards system has just gotten easier.

SOCBox was introduced as a cost effective way to become a sender of cards. SOCBox is SendOutCards' first-ever retail product. It gives users access to a SOCBox card sending account and comes with the first 10 cards for free! After that, each card is $2! This includes the printed card and postage in the US, Canada or Australia.

The cost of the SOCBox is $49. This includes a license for the system at$29 and 10 cards at $2 a piece. Compare this to the average card cost at your local card store PLUS postage and you can see what kind of deal this can quickly become.

While this is not a full featured SendOutCards account, it does provide access to the catalog of over 15,000 cards as well as create your own picture cards. It's also easy to upgrade to a full featured SendOutCards account.

One of the neatest thing about SOCBox is the ability to earn money by hosting your own SOCBox Home Parties, or becoming a Distributor and earning residual income on every card and gift sold in your organization.

Contact me if you would like to learn how you can get a FREE SOCBox.

He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.

Can you Deduct Medical Insurance Premiums from USDA Income?

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Thu, 17 Sep 2009 09:31:40 -0500

Can You Deduct Medical Insurance Premiums from

Income to Qualify for a USDA Guaranteed Rural Home Loan?

If you work with the USDA Guaranteed Rural Home Loan program you are aware that not only do you have to qualify the borrower based on normal Debt to Income Ratios, but there is also an income cap on how much a household can earn.

After taking all household income into account, you can then take qualified deductions away to lower the household income. Without going into all of these, I received an email today from the USDA clarifying how Pre-Tax Insurance Premiums are treated. Basically, you cannot deduct the premiums from Income. AND, you need to use the Gross Income before the premiums have been taken out.

Here is the memo.

"September 17, 2009

Medical Deductions and Annual Income Calculations

Due to questions surrounding the treatment of pre-tax medical plans, the following is provided to supplement and further clarify the interpretation of deducting medical expenses in the calculation of annual income.

Section 1980.347 of RD Instruction 1980-D provides instruction on the types of income to be considered in the annual income calculation.

Section 1980.347(e) describes the types of income that are not included in the annual income calculation, but may be considered in determining repayment ability. Section 1980.347(e)(6) of the instruction indicates:

"Amounts which are granted specifically for, or in reimbursement of, the cost of medical expenses."

This section does not allow for lenders to deduct the pre-tax medical premiums that applicants pay with wages earned towards their medical/dental/vision health benefits offered by their employers. These pre-tax employee premiums must be considered by lenders as gross income and utilized when calculating annual income.

Lenders seeking guidance on deducting eligible medical expenses for elderly applicants should refer to Section 1980.348(b) and 1980.348(d)(1) of RD Instruction 1980-D.

Questions regarding this notice may be directed to your state GRH coordinator or the division at 202.720.1452.

The Good news is that a low incoem borrower will qualify for more home since their Gross Income will be slightly higher. The bad news is that it may disqualify some borrowers who now make too much income.

He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.

Newberg Oregon Starter Home _ 9064974

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Sun, 06 Sep 2009 01:59:02 -0500

Newberg Oregon Starter Home

3 Bd/2 Bth for $217,500 RMLS # 9064974

3519 Burlington Drive, Newberg OR 97132

This Newberg, Oregon Home qualifies for 100% Financing!!

USDA Guaranteed Rural Home Loan Program

Check out more pictures of this house by
CLICKING HERE!

Beautiful 3 bedroom, 2 bath home close to a community park and downtown. Pictures and words do not do this home justice.
This is a MUST SEE.

Newberg is an excellent town for first time homebuyers. It is a beautiful, small town at the entrance to Yamhill County's wine country. Home to George Fox University, it is not that far from Portland, Salem or the Oregon Coast. Close enough to Portland to tsake advantage of all Portland has to offer, but far enough away for home prices to be reasonable.

Listed by:

Todd and Leslie McCabe
John L Scott Real Estate

Contact Broker

Newberg First Time Home Buyers are able to purchase a home with:
100% Financing with NO monthly Mortgage Insurance
$0 Down Payment
Up to 6% Seller Concessions that can be applied towards your Closing Costs.
Simplified Appraisal Process

There are Income Qualifiers. You can't make to much or to little.

Find out if YOU qualify..

Get Pre-Approved today!!
OR
Local Clients Call: 503-421-0096
Not in the Area? Call: 1-888-660-2842 and Ask for Larry

View all of our FEATURED HOMES here!!

Use our FREE Search Engine to find your Oregon Home.

He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.

Forest Grove Starter Home

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Sat, 05 Sep 2009 21:24:55 -0500

Forest Grove Starter Home

Remodelled 1910 Farm House
in Forest Grove, Oregon

2503 A St, Forest Grove, OR 97116

This Home now qualifies for 100% Financing!!

The USDA has loosened their guidelines recently to allow Forest Grove to qualify under the USDA Guaranteed Rural Home Loan program

Check out more pictures of this house by

CLICKING HERE!

Beautiful 3 bedroom, 2 bath home close to Pacific University, downtown, quaint shops and parks. Pictures and words do not do this home justuce.
This is a MUST SEE.

Forest Grove is a beautiful, small town at the base of the Oregon Coast Range. It is not that far from Portland or the Oregon Coast.

Listed by:

Todd and Leslie McCabe
John L Scott Real Estate

Contact Broker

Forest Grove First Time Home Buyers are now able to purchase a home with:
100% Financing with NO monthly Mortgage Insurance
$0 Down Payment
Up to 6% Seller Concessions that can be applied towards your Closing Costs.
Simplified Appraisal Process

There are Income Qualifiers. You can't make to much or to little.

Find out if YOU qualify..

Get Pre-Approved today!!
OR
Local Clients Call: 503-421-0096
Not in the Area? Call: 1-888-660-2842 and Ask for Larry

View all of our FEATURED HOMES here!!

Use our FREE Search Engine to find your Oregon Home.

He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.

Central Oregon Riverfront Property on Pringle Falls

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Sat, 05 Sep 2009 19:21:37 -0500

Central Oregon Riverfront Property on Pringle Falls

Thesa Chambers, my go to real estate professional in Central Oregon, has a wonderful listing on The Big Deschutes River. Located in a cute community of Wild River, this home is a must see.

One of my dreams is to own a riverfront home. Especially on a super Trout stream like The Big Deschutes River. I can just imagine waking up in the morning and taking my fly fishing pole out for a quick fish before work, and then having a cup of coffee on the deck with the sound of Pringle Falls and The Big Deschutes River comforting me.

As Thesa says, this is one of the best real estate deals in Central Oregon at $239,900.

Oh, did I mention that the community is wired? Make this your home office and telecommute!

If you are looking for a home to live in, financing is available through the USDA Guaranteed Rural Home Loan program at 100% with no monthly mortgage insurance. Click here for more info on the USDA program.

If your income disqualifies you from the USDA program, the FHA has financing with 3 1/2% down. Click here for more info on the FHA loan.

For a 2nd home, you will need a little more cash down, but rates are still historically low!!

Better hurry on this one. I'm tempted to make an offer myself!!

Call me for the financing of this great property.

Via Central Oregon Real Estate | Broker Thesa Chambers, Licensed in Oregon (RE/MAX Sunset Realty La Pine):

Central Oregon is known for it's beauty and versatility. You can obtain just about any type of property you want in Central Oregon (no ocean view though). One of the most popular property searches is for riverfront property in Central Oregon.

Most of the River Front Homes for sale in Central Oregon are on The Big Deschutes or Little Deschutes Rivers. There is a great community on The Big Deschutes River called Wild River. The name comes from the section of the river these homes are located. Pringle Falls has the appearance of a fast rapid and makes the river wild in the area.

This home on Wild River Way is currently being offered at $239,900 and I personally believe it is one of the best deals in Central Oregon. For more information please contact me.

He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.

Oregon Real Estate Internet Marketing

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Sat, 05 Sep 2009 01:47:32 -0500

Your Oregon Real Estate Internet Marketing Guide

ActiveRain can help YOU dominate your local real estate market!

;

The premier Real Estate Social Media site, ActiveRain can supercharge your Internet marketing for Oregon Real Estate. With over 157,000 members, two million visitors monthly and world class training from your peers on what works and doesn't work in our ever changing industry, ActiveRain can transform your Oregon Real Estate related business like it has for countless others.

Whether an Oregon Realtor, mortgage broker, appraiser, inspector or what not, if your income is derived through the sale or financing of a home in Oregon, ActiveRain can help you. Your Oregon ActiveRain Guide has been setup to help you maximize your Oregon ActiveRain experience.

There are a lot of Real Estate professionals in Oregon and I'm sure that you know how hard it is to get your listings in front of your prospective Oregon home buyers.

Google Juice

SEO (Search Engine Optimization) is a key component to any serious Internet marketing for the Oregon Real Estate professional. The search engines at Google, the worlds largest search provider, love ActiveRain! Since it's membership is so large and focused on the same thing you are focused on, Real Estate, it is not uncommon for a new post to be on the front page of google very quickly.

Lasting Power

What I bring to the table, for you my prospetive partner, is the advanced training that ActiveRain has provided on how to get your listings, and blogs on page 1 AND KEEP THEM THERE!!

I trust that if I help you dominate your local market and earn more money, you will give me an opportunity to become one of your Trusted Mortgage Brokers.

Even if you are an experienced blogger, SEO genius or currently have an ActiveRain account, are you consistently on page 1 of google for your local city or neighborhood? Do your posts stay there for more then a few days?

Learn how to dominate your local Oregon Real Estate market with a supercharged ActiveRain account!

If you are not using an ActiveRain outside blog correctly, you should be. For aboout $1 per day, and some advanced tips and tools, you really can't afford not to be.

Call or email me today!

Better yet, complete the form to the right and tell me if you:

I don't have an ActiveRain Account but am interested in learning how to dominate my local market.
I already have an ActiveRain account but need an OutSide Blog
I already have an ActiveRain outside blog but realize I need help and would like to partner with you.

He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.

Scary...Reverse Directory, Please have a look if you have children at home.

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Mon, 31 Aug 2009 16:02:37 -0500

Steve Loynd just posted a very interesting perspective on what I thought was a good tool. I've used the Reverse Directory on Google and others to locate the phone numbers or addresses of people who respond to leads, or who call in.

But Steve brought up the fact that this tool can also be used by predators against our kids if they give the number out. Why they even get a nice map with directions.

In Kindergarden last year our son was taught to memorize his address and phone number in case he got lost. I've also seen many sports team directories with kids name, parents name address and phone number. Many will leave the address off, but do have a phone number.

I followed Steve's advice and clicked on my phone number in Google and opted both my wife and I out. I then went to all of the other sites Google listed and easily opted out of all but one. One required me to send a copy of my Drivers License (face and BDate blacked out) and up to 4 weeks to get it removed. Their stance is that it is public records...

I checked both my wife and my cell phone numbers and they did not trck back to names or addresses.

Looks like we should be teaching our kids our cell phone numbers...

Via Steve Loynd, Alpine Lakes Real Estate Inc., Loon Mt, NH.:

Google has implemented a new feature which enables you to type a telephone number into the search bar, hit enter, and you will be given the person's name and address.

If you then hit Map, you will get a map to the person's house.

Everyone should be aware of this! It's a nationwide reverse telephone book. If a child gives out his/her phone number, someone can now look it up to find out where he/she lives. The safety issues are obvious, and alarming.

Note that you can have your phone number removed or blocked. I tried my number, and it did come up, I clicked map and Mapquest gave directions directly to the house. Quite scary. Please look up your own number.

In order to test whether your phone number is mapped, go to: www.google.com

Type your phone number in the search bar (i.e. 555-555-1212) and hit enter.

If you want to B L O C K Google from divulging your private information, simply click on your telephone number and then click on the Removal Form. Removal takes 48 hours. Please share this information with friends and family.

He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.

Sherwood Oregon Home Values September 2009

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Sat, 29 Aug 2009 14:54:25 -0500

Sherwood Oregon Real Estate Update

September 2009

Sherwood has been and continues to be a desirable place to live.

In 2007 Money Magazine voted Sherwood as the18th Best Place to Live. " Like much of the Northwest, Sherwood is home to an array of beautiful parks and natural beauty. But the quickly growing commercial sites of Sherwood offer true insight into the town's character: a juxtaposition of old and new, with reverence toward both the city's historic past and its bright, expanding future. The community events calendar is always full and the town's location makes for a fairly easy commute to nearby Portland. A.B."

In August of 2009 Family Circle declared Sherwood as one of the Top 10 Best Cities for Families. The Sherwood Gazette wrote "The magazine stated that each of the towns honored contained forward-thinking leaders, parents, teachers and students who are passionate about their hometown, dedicated to bettering their children's futures and involved in advancing their local school systems as exemplified by the implementation of such programs as partnering with local government in providing recreational amenities, private medical groups to ensure treatment for students who don't have health insurance and integrating dual language classes in grade school."

Sherwood has seen some of the fastest growth in the state of Oregon, and most of it has been residential homes. People moved to Sherwood to live, not necessarily to work. With the economy tanking, many homes went into foreclosure and people moved out. This left us with a lot of stagnant properties that until recently, weren't moving.

But there seems to be some positive news according to Zillow. Below is a chart of their estimated home values from June of 2008 through May 2009. From what I have seen, we can expect even better numbers for June and July.

	Zillow Home Value Index
Type	Current	Month Over Month	Quarter Over Quarter	Year Over Year
All Homes	$269,600	-0..37%	-1.34%	-12.89%
Single Fam	$269,600	-0.29%	-1.10%	-11.92%
Condo	$174,600	-0.29%	-1.24%	-12.24%
Two Bed	$174,500	-1.10%	-3.60%	-19.44%
Three Bed	$244,300	-0.50%	-1.69%	-13.34%
Many Bed	$378,200	0.03%	-0.28%	-10.57%

It's interesting to note that the Sherwood, excluding the more expensive homes, saw an across the board decreaase in value this month. I don't place a lot of stock in it as our market is small enough that 1 or 2 sales can skew the numbers. Plus, what I am seeing is that the under $250,000 market is still hot. Look for an increase in next months values as sales close.

But the good news is that each of these segments has less deterioation Quarter Over Quarter. While we aren't positive this month, it still beats double digit depreciation!.

It appears that the worst is over in Sherwood!!

Buyers, you better get busy!! 100% financing is still available through the USDA Guaranteed Rural Home Loan program, as well as 3.5% down with the FHA. For more information on both of these programs cllick on the above links, or follow this link to an article on First Time Home Buyer Financing in Sherwood.

The $8000 Tax Credit is disappearing in a few months, so there is no better time than now to buy a home!! We are having an Oregon First Time Home Buyer Seminar soon, so ya better call!!

Whether you are a First Time Home Buyer, or moving up to your next home, call me to get started, or click here to fill out a short form and I'll call you right back..

I work with some of the BEST Realtors in Sherwood!!

He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.

Do You Know Who You Customers Are?

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Fri, 28 Aug 2009 00:59:46 -0500

Do You Follow Up With Your Customers?
Do You Even Know Who Your Customers Are?

There is not a business alive that can succeed without sales. That is how revenue is driven. I don't care what your business is. You have a product, or service, and your success is driven by how well you deliver that product or service to your clients or prospects. Do you know who your customers are? How do you follow up with them?

It doesn't matter if you are in a traditional sales oriented business like car or insurance sales, a retail shop like a Beauty Salon or Book Store, a professional like a CPA or Attorney, a Realtor or Mortgage Broker, you cannot exist without customers. How do you follow up with your customers?

You also cannot exist without the assistance of other, third party companies. There are others who provide essential services to you as you do your job. Some of these are essential to your success, others provide services upon which you rely upon. Do you know who your key partners are? How do you follow up with these key people?

Even within a large corporation or government entity, there are people without whom your job would not exist. The payroll department is reliant upon every other employee. Without them their job would not be necessary. The Insurance claims analyst has an external client (the policy holder), and many internal customers (all of the other employees whom he or she works with on the policy or claim). Do you know who your customers are? How do you follow up with them?

My point is that every one of our jobs is reliant upon the assistance of others. Whether it's the end customer who uses our product or service and pays the bill, or the various co-workers or vendors who help us do our job in order to satisfy the end customer. Our success is tied to how we respond to others and how they respond to us.

I'm a mortgage broker as well as a referral marketing coach. I have an end customer, the homeowner who is looking to purchase or refinance. But in order to do my job, I am reliant upon a variety or internal co-workers, a wholesale lender with who knows how many people influencing my loan, an appraiser, possibly a Realtor, inspector, Title & Escrow company, and possibly verification of income, rent, assets and who knows what else...

While it's easy to say I have 1 customer, there are a lot of people reliant on me and that I am reliant on to get the deal done.

Here is how I followup with my customers and key partners.

I have found that it is always better to be proactive and nice in order to get new clients and loans through the system. This takes more time, but the payoff is worth it. It also helps to have a system to spread that honey.

I use a combination of high tech and low tech services to bring in new business and facilitate the work flow on existing business.

Here are a few:

In Person: Usually best for cementing relationships, but most time consuming. You also need to be concerned about your appearance and that of your meeting place.
Telephone: Also very good as long as you are a good listener and can convey your thoughts. I use my office phone, iPhone and RingCentral for fax and 800#.
Internet: Great for attracting new clients and transferring information easily and effortlessly. I have several websites that allow prospects to find me, easily leave information for me to get back in touch with them. I use facebook, ActiveRain and twitter, as well as others sites to attract new clients and make my work easier. In fact, my mortgage and Referral Marketing businesses could not exist without the Internet.
Email: I have a love hate relationship with email. I need it, but about 50% of what I get is SPAM. Chalk it up to my success on google... I have also found limited success using email to draw in new clients. It is to easy to leave a bogus email address or for a well intended email to end up in the SPAM folder. Trust me, it happens.
E-Newsletters: I send out several e-newsletters and know that they work, but they also can easily end up in the SPAM folder or wear out their welcome.
Personal Greeting Cards: Everybody loves a personal greeting card. We are bombarded with email, junk mail, bills... But when we get a personal letter or greeting card, we get excited. I use SendOutCards to easily, and cost effectively send personal greeting cards. It takes a couple of minutes to create the card, push send and it's printed at our factory, delivered to the Post Office and within a few days delivered to the mail box. I can even send a gift.

How do you followup with your clients? Do you know who your clients and key partners are?

What I suggest is to take a good look at your business or job.

Identify where your revenue comes from. Who are your clients who bring you money or what were you hired to do?
Identify the different steps involved in providing that service or attracting new revenue sources.
Identify who else is involved in the process of assisting you in meeting the needs of that revenue source.
Identify the steps where communication is best served and the method best for the situation. This should involve a variety of resources including personal visits, telephone, Internet, e-newsletters and personal Greeting Cards.
Setup a plan and put it into action. It doesn't have to be complicated. Just intentional.

If you would like assistance in this, please give me a call.

Larry

He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.

New Bill Seeks to Extend (and Expand!) the Home Buyer Tax Credit

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Wed, 26 Aug 2009 11:34:36 -0500

New Bill Seeks to Extend, and Expand, the $8000 Tax Credit for Oregon Home Buyers

Janet Guilbault posted an interesting, and somewhat expected, post today. There is a new bill before Congress (Home Ownership Moves the Economy Act of 2009 HR 2801) that is set to extend the $8000 Tax Credit and to expand it to more home buyers. This is good news for Oregon Home Buyers!

While I have mixed feelings about more Govt. spending, I do agree that we are still not out of this economic mess. I have also seen first hand how the first time home buyer market in Oregon has increase property values due in large part to the $8000 tax credit.

We have also seen Builders adapt to the Oregon First Time Home Buyer market. The majority of homes being built now are aimed at this segment. This has helped stimulate our local economy in Newberg to a small degree. Combined with low rates and the USDA Guaranteed Rural Home Loan, there has been continued building in some of our areas.

What we need, is help for the "Move-Up" market. The $250,000 to $400,000 market in our area. These are the homes that are going into foreclosure the most. Many homeowners are sitting on the fence afaid to buy a new home. They have lost a lot of equity in their current home and are unsure about the future.

With a resurgence in the First Time Home Buyer market here in Oregon, many of these sellers could sell with a reasonable profit. With the addition of a Tax Credit, they just might get off the fence and take advantage of many wonderful opportunities for nice homes in the $250,000 to $400,000 range.

It will be interesting to see what Congress does, and to what degree it will stimulate the economy.

We are having a First Time Home Buyer Seminar in September. Click HERE for information

Here is Janet's post

Via Janet Guilbault California Mortgage Banker/Broker:

Okay, the name for this new bill may not be as catchy as "Cash for Clunkers" but you gotta love it:

Home Ownership Moves the Economy(HOME) Act of 2009. HR 2801 was introduced by Howard Coble (R-NC).

It would continue the current tax credit for first time homebuyers set to expire on December 1, 2009, with a couple of notable changes:

Income restrictions would be removed

Buyers do not need to be first time buyers

Okay, everybody, all together now "SHHHHHHHHHHHHHHHHHH". For those of us who decided not to take a vacation in October and November to handle the "rush" of people trying to beat the deadline, this will squash that idea.

Who will rush to buy if they are going to extend the credit anyway?

People like my kid.

She is a potential first time buyer who makes way too much money to qualify and gets KILLED each year paying income tax. She may be jumping off the fence when she reads this.

And people like her are much more likely to help the economy (they have more disposable income).

Wait a second, didn't I suggest this very same idea in this post?

Also written today: How 15 Year Mortgages Could Save the Economy

Written by Janet Guilbault, Mortgage Banker/Broker based out of the San Francisco Bay Area

He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.

Sherwood Oregon First Time Home Buyer Seminar and the $8000 Tax Credit

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Wed, 26 Aug 2009 01:01:07 -0500

Sherwood, Oregon First Time Home Buyer Seminar
and the
$8000 Tax Credit

On December 1, 2009, the $8000 First Time Home Buyer Tax Credit is set to cease. In order to receive this credit, the home purchase must be finalized. This means that we have roughly 90 days in order to get pre-approved, find a home and get it through underwriting. While this sounds like a lot of time, it's not.

If you are at all interested in purchaing an Sherwood Oregon home, and are a First Time Home Buyer, and want to take advantage of an $8000 cash refund from our government, then you need to make it to our Oregon First Time Buyer Seminar on the $8000 Tax Credit.

Scheduled over 3 consecutive Tuesday evenings, and costing just $25 for an individual or $40 for a couple, you will learn what to look for in a property, what to expect in our market, the various types of mortgages available in Oregon for First Time Home Buyers. You will receive a 'game plan" and work book to help you move forward. We will analyze your credit report and documentation and by the end of the 3 week course, you will receive a pre-approval decision letting you know how much home you can afford to purchase.

If you are a First Time Home Buyer and motivated to purchase an Oregon Home before now and December 1st, 2009, the date the $8000 Tax Credit is set to expire, you cannot afford to miss this important seminar.

Presented By Todd McCabe of The McCabe Real Estate Group and Larry Morris, American Nationwide Mortgage Company,
please call today for seminar dates and to reserve your spot:
503.925.2428

He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.

Portland Oregon First Time Home Buyer Seminar and the $8000 Tax Credit

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Wed, 26 Aug 2009 00:57:18 -0500

Portland, Oregon First Time Home Buyer Seminar
and the
$8000 Tax Credit

If you are at all interested in purchaing an Portland Oregon home, and are a First Time Home Buyer, and want to take advantage of an $8000 cash refund from our government, then you need to make it to our Oregon First Time Buyer Seminar on the $8000 Tax Credit.

Presented By Todd McCabe of The McCabe Real Estate Group and Larry Morris, American Nationwide Mortgage Company,
please call today for seminar dates and to reserve your spot:
503.925.2428

He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.

Oregon First Time Home Buyer Seminar and the $8000 Tax Credit

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Wed, 26 Aug 2009 00:53:10 -0500

Oregon First Time Home Buyer Seminar
and the
$8000 Tax Credit

If you are at all interested in purchaing an Oregon home, and are a First Time Home Buyer, and want to take advantage of an $8000 cash refund from our government, then you need to make it to our Oregon First Time Buyer Seminar on the $8000 Tax Credit.

Presented By Todd McCabe of The McCabe Real Estate Group and Larry Morris, American Nationwide Mortgage Company,
please call today for seminar dates and to reserve your spot:
503.925.2428

He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.

Oregon Community Aging Services and Senior Centers

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Fri, 21 Aug 2009 12:48:06 -0500

Following is the monthly "Planning for Eldercare" article from the National Care Planning Council, of which I am a member. This month's article focuses on local and state senior services. Read the article to find a link to services per state and for a link to Oregon Community Aging Services and Service Centers.

There is a lot of good information in this article, so I encourage you to read it and pass it on to those you feel would benefit from it.

Larry

Community Aging Services and Senior Centers

Community Aging Services and Long Term Care
There are many private, religious and government organizations across the country that provide supportive services for older people. Many of these services center around helping people stay in their homes and avoid having to go to live in an institution or perhaps move in with family. Because of the emphasis on helping people remain independent, many community aging programs could be viewed as long-term care programs. In fact it's probably just a matter of semantics; long-term care and community aging services are just two sides of the same coin. Other community services may provide socialization or training opportunities. Community aging programs might include:

Meals served in community centers or delivered to the home
Community Senior Center activities and training
Transportation and shopping services for people who can't drive or leave their homes
Home repairs, snow shoveling, telephone support, caregiver support, care management, legal services, energy and weatherization services, housing subsidies, home health care, counseling and much more
Adult day care
Protection from abuse
Help with health insurance and government entitlement programs

Private support groups might be the Red Cross, women's auxiliaries or foundations. Many religious communities support activities for their elderly members as well as nonmembers. Both private and religious groups often provide services for free to people with little income and few assets. They may, however, charge people for services who have adequate income or assets. Many of these groups may also operate nursing homes and assisted-living facilities.

Senior centers are often the focal point for all aging services in a community. Experts or contact people are housed in senior centers and can provide many services in the center itself or refer out to other organizations that can help. The community served meals or congregate meals in senior centers are a means for attracting older people into the centers. Seniors can then be exposed to the many services that are available.

Government support for aging services comes from the Older Americans Act, passed in 1965. This act, over the years, has produced a large network of care providers and local government managers called Area Agencies on Aging. This network also includes federal agencies, state agencies as well as local area agencies and is called the "national aging network".

The National Aging Network
The Older Americans Act establishes an effective interrelationship between the federal government, State aging units and local service coordinators called Area Agencies on Aging. All three centers of service, the Federal, the state and the local engage in detailed future planning in order to accomplish their jobs. Input at the local level is received from diversified advisory boards representing stakeholders in the elder community. Community meetings and feedback from patrons of senior centers are also used in the planning process. Over the past 44 years, a great deal of thought and energy and research has gone into devising a delivery system that is both efficient and cost effective. In fact, the 29,000 service providers nationwide providing care under the act are the largest single network of long-term care providers in the country.

Local agencies on aging represent geographic areas in a state that can be serviced effectively by that local unit. Area agencies on aging normally contract with local for profit or nonprofit or public providers to deliver benefits. An agency may be allowed to provide directly, supportive services, nutrition services, or in-home services if it can prove a case for providing these services more effectively. An agency may also provide directly, case management services and information and assistance services depending on the methods used for such services in that state. Agencies may also use employees from cooperating or sponsoring counties or cities to staff and administer programs such as senior centers. Much of the work performed comes from dedicated volunteers who are both individuals and employer sponsored teams. This entire aging network system seems to work very well in accomplishing the goals of the Older Americans Act.

Why Is the Older Americans Act Important?
The decade from 1960 to 1970 was a period of social unrest and change. We lived through an unpopular war which resulted in student protests and mass demonstrations. Hippies, it seems, were everywhere and we were experiencing the so-called sexual revolution. It was a exciting time when civil rights were being extended to all Americans.

During this same period a number of organizations were lobbying Congress for the rights of older Americans. An outcome of this effort was not only the 1965 creation of Medicare and Medicaid but also the passage of the Older Americans Act. The act was designed to protect elderly Americans, including Indians, from unfair discrimination in the workforce as well as providing protection and services to help older people stay independent and remain in their homes.

Although the initial emphasis was directed more towards civil rights and recognition of the dignity of the elderly, over the years, new provisions of the Older Americans Act have become more focused on providing long-term care services for older Americans. These benefits are designed to help frail, memory-impaired, disabled, poor and socially needy elderly remain in their homes and avoid the cost of elder care institutions. And more recently, funds were provided under the act to support caregivers of the elderly and elderly grandparents babysitting or raising minor children at home.

The OAA provides benefits to all Americans over the age of 60. And employment benefits are available for all Americans over the age of 55. The act itself stipulates re-authorization or amendment on an ongoing basis and since 1965 the OAA has been changed and updated 14 times. The year 2005 is designated as a re-authorization year and Congress is busily working on additions to the act. Because of the constant additions, the Older Americans Act has become a giant mishmash of thousands of words, redundant sentences and hundreds of rules and procedures. It's our guess that the complexity of the act probably requires states to hire attorneys to run their aging departments. Notwithstanding, members of the care community who provide administration and services with the Older Americans Act work around the complexity of its rules in serving the aging community.

Funding for the services required under the OAA is provided by Congress yearly. These funds are then distributed to states, territories, the District of Columbia , Indian tribes and native Hawaiians on a formula basis which provides minimum funding levels to small population groups and sparsely populated states and proportional funding levels based on state elderly populations of the majority of the other states. Because of its large elderly population, as an example, California receives almost 10% of the money. And because of its high proportion of older people, Florida is next. Ten states receive 52% of the money.

Funds are provided in the form of grants for various programs authorized under the act and states have some limited latitude in administering these monies in local areas. Certain of the mandated programs require matching funds from state and local governments. Other program funds do not require matching dollars. Many states chip in additional funds to maintain their programs and these funds often exceed matching requirements. States, counties and cities recognize the value of these services and are often generous in providing additional funds, buildings, office space and other in-kind economic benefits. For every dollar provided by Congress local governments provide about two dollars in direct money, in-kind services from volunteers, community voluntary contributions and cost sharing funds.

The federal appropriation for 2005 was $1,369,028,000 and the breakdown for specific spending categories is listed below. Notice that over half of the dollars goes towards nutrition services which are typically weekday meals provided in community settings or delivered at home as well as incentive programs to help the elderly maintain proper nutrition.

Congregate Nutrition Services, Home-Delivered Nutrition Services, and Nutrition Services Incentive Program (money from the Department of Agriculture), 52.1%
Home & Community-Based Services, 25.9%
National Family Caregiver Support Program, 11.7%
Grants for Native Americans, 1.9%
Program Innovations Grants, 1.7%
Preventive Health Services, 1.6%
Protection of Vulnerable Older Americans, 1.3%
Program Administration, 1.3%
iAging Network Support Activities Grants, 1%
Alzheimer's Disease Demonstration Grants, 0.8%
White House Conference on Aging, 0.3%
Senior Medicare Patrols (HCFAC), 0.2%

Find your state Area Agencies on Aging or State Aging Services

Link for Oregon State Agencies on Aging or State Aging Services

Senior Citizen Centers
The first Senior Center in the country opened in 1943 in the Bronx, New York and was called the William Hodson Community Center . By 1961 about 218 senior centers had opened all across the country. The first Senior centers were operated by cities or nonprofit or religious organizations. Funding came from government, community donations and fees from people using the facilities. In the early days some federal funding came from Title XX of the Social Security act but funding for Title XX has been decreasing and much of that money today is being used for other programs. In 1972, the Older Americans Act was amended to provide funding for senior centers as this was considered to be an important piece of the aging network. Today, there are estimated to be about 15,000 senior centers across the country serving about 10 million older Americans annually. About 6,000 of these centers receive part or all of their funding through the Older Americans Act.

Senior centers act as a focal point for older Americans to receive many aging services. They are a vital part of the aging network. For Area Agencies on Aging, the senior center has become a place where many AAA services can be provided, where outreach and targeting can occur and where feedback can be received from the elderly. The most common services offered at a senior center are:

Health and wellness programs
Arts and humanities activities
Intergenerational programs
Employment assistance
Community action opportunities and social networking opportunities
Transportation services
Volunteer opportunities
Educational opportunities Information and referral
Financial assistance
Senior rights counseling and legal services
Meal and nutrition programs
Leisure travel programs

Larger senior centers in major cities may offer additional specific services because they serve a large and diverse group of patrons. Here are some examples:

Education classes, perhaps through a local college
Foot care
Health clinics
Haircuts
Daily exercise
Telephone friends
Support groups for Alzheimer's caregivers
Support for Parkinson's disease
Low vision and diabetes services
Weekly health speakers
Grocery shopping
Many and varied classes for personal growth and learning
Special events and fundraisers such as auctions, raffles, sales, bazaars, rummage sales, bingo, special meals and parties, fashion shows and facility rentals

Most elderly people are aware of senior centers in their neighborhoods but for those who are not familiar with the program, senior centers are listed under that title in the Yellow Pages.

For more information about community resources go to the National and State Care Planning Councils websites http://www.longtermcarelink.net/a15state_councils.htm

Link for Oregon State Agencies on Aging or State Aging Services

He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.

Tualatin Valley View Property

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Fri, 14 Aug 2009 22:27:03 -0500

Nestled in the hills above Newberg, with a spectacular view of the Tualatin Valley and Mt St Helens, this stunning home is waiting for you. Oregon has some spectacular views and properties, and this Tualatin Valley View Property ranks up there with the best.

This 3083 sq. ft. day light Ranch has 4 bedrooms and 3 baths, a gorgeous sunroom with a HotTub, a Redwood Sauna, a beautiful stone fireplace and spectacular views from most of the rooms. This Tualatin Valley View Property is fully landscaped with low maintenance and a 1/2 mile walking trail through the beautiful grounds. It also has a 30x48 ft Barn.

When the weather is grey and raining, enjoy the view and lifestyle from the fully enclosed sunroom. When it’s nice out, you get the same living experience from a beautiful deck. Either way, the view from this Tualatin Valley View Property is stunning.

Close to Newberg, Hillsboro and Portland, this property is a great commute to your job and to PDX or Hillsboro airports. Nestled within the famed wineries of Yamhill and Washington counties, this Tualatin Valley view property is near the arts and culture of Portland, entertainment at Spirit Mountain and Chinook Winds Casinos and the Oregon Coast.

Live in your own personal resort in this Tualatin Valley View Property!!

This isn’t just a home, it’s a lifestyle!!

19180 NE Jaquith Rd, Newberg OR
$650,000
RMLS Listing # 9033992

Call today to start your new life in this spectacular Tualatin Valley View Home.

Rick Talbott - 503-348-9625

Payment Options for this Tualatin Valley View Property

Rate	Down Payment	Principle & Interest Payment	Est Taxes and Ins.	APR	Cash to Close
5.5%	25%	$2768	$372	5.642%	$172,000
5.625%	20%	$2993	$372	5.765%	$140,000
5.75%	10%	$3414	$372	5.885%	$75,500

Financing available through Larry Morris with

American Nationwide Mortgage Company
307 E 2nd Street, Suite 230
Newberg, OR 97132
503-421-0096
lmorris@americannationwide.com
www.PDX-Mortgage.com

Click to get Pre-Qualified

He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.

Sherwood Oregon Home Value Update - August 2009

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Tue, 04 Aug 2009 01:15:52 -0500

Sherwood Oregon Home Value Update

August 2009

Sherwood has been and continues to be a desirable place to live. It has seen some of the fastest growth in the state of Oregon, and most of it has been residential homes. People moved to Sherwood to live, not necessarily to work. With the economy tanking, many homes went into foreclosure and people moved out. This left us with a lot of stagnant properties that until recently, weren't moving.

But there seems to be some positive news according to Zillow .com. Below is a chart of their estimated Sherwood Oregon home values from June of 2008 through May 2009. From what I have seen, we can expect even better numbers for June and July.

	Zillow Home Value Index Sherwood Oregon
Type	Current	Month Over Month	Quarter Over Quarter	Year Over Year
All Homes	$264,600	0.30%	0.14%	-13.75%
Single Fam	$272,400	0.43%	0.37%	-12.71%
Condo	$176,700	0.93%	0.86%	-13.04%
Two Bed	$178,000	0.12%	-1.39%	-18.69%
Three Bed	$247,300	0.05%	-0.36%	-13.99%
Many Bed	$380,100	0.61%	0.74%	-11.21%

It's interesting to note that the hottest markets in Sherwood are the condo and the 4+ bedroom market. The condo market doesn't surprise me, but the 4+ does. I guess this just shows that those with money are able to take advantage of market opportunities. The market that is still seeing the slowest growth is the 3 bedroom home. These are often just out of price of First Time Home Buyers. This segment also seemed to have been hit especially hard by foreclosures and short sales..

But the good news is that each of these segments has seen positive month over month growth.

A question though is if a recent rise in Foreclosures filed will affect these values.

Buyers, you better get busy!! 100% financing is still available through the USDA Guaranteed Rural Home Loan program, as well as 3.5% down with the FHA. For more information on both of these programs click on the above links.

The $8000 Tax Credit is disappearing in a few months, so there is no better time than now to buy a home!!

Whether you are a First Time Home Buyer, or moving up to your next home, call me to get started, or click here to fill out a short form and I'll call you right back..

I work with some of the best Sherwood Realtors.

He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.

Oregon Mortgage News that Matters - August 2009

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Mon, 03 Aug 2009 23:13:25 -0500

Larry Morris
503-476-3854
Fax: 888-649-6625

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Newsletter

August 2009

Larry Morris

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RESOURCE CENTER

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REAL ESTATE MARKETPLACE

Featured Property:

Sherwood, OR

4 Bed, 3 Bath

$339,000

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CONTACT

American Nationwide Mortgage Company, INC.

Larry Morris
503-476-3854
Fax: 888-649-6625

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• View My Website

Oregon Mortgage News

Local Update:

Are Home Values Increasing?
I'm not sure about your neighborhood, but I have seen a gradual increase in my home's value over the last 3 months. It actually came in at a healthy 4.8% increase in the last 30 days. While this isn't a guarantee that I could sell it at that price, or that it wouldn't sell for more, I do like the trend I'm seeing.

This also supports what I see on the streets, homes under $350,000 are appreciating. In fact, homes under $250,000 are pretty hot right now. There are a lot of First Time Home Buyers in the market. Rates are low and the $8000 Tax Credit is set to expire soon.

There are still great First Time Home Buyer programs available; the USDA Guaranteed Rural Home Loan and the FHA loans.

Refinance rates are still good, but are still struggling to get much below 5%. Best rates for 30 year fixed rate loans are at 4.875% on short locks. 5 Yr. ARMs are at 4%!!!! APR's will vary based on how we structure the loan.

Check out what rates would be based on your scenario. Instant Rate Quote

The Real Estate Market Minute:

Refinances in Second Quarter Reduce Mortgage Payments by $3.4 Billion in Coming Year (it might be time for you to refi!)

In the second quarter of 2009, half of borrowers who refinanced their loan lowered their annual mortgage interest rate by at least 20 percent according to Freddie Mac's quarterly Refinance Report. The new interest rate was about 1.25 percentage points below the old rate.

Click Here to Read the Full Article by RealEstateChannel.com

If you're considering a Home Purchase or Refinance then now is the time to take action! Check out the "Resource Center" in the left-hand column of this newsletter for an interactive online tool that can help answer just about any mortgage or real estate related question.
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Brian Tracy Inspirational Article of the Month:

7 Disciplines for High Performance
Brian Tracy is a world-renowned personal and professional development coach that has helped millions of people achieve their goals and develop a positive mindset. Brian will be contributing to our newsletter every month by providing us with an article to help inspire you, our clients, to reach higher and achieve more than ever before.

Click Here to Read this Article by Brian Tracy
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Interesting Articles of the Month:

Walking Backwards May Sharpen Thinking
Next time you're facing a challenge, you might not want to stand your ground. Maybe you should try walking backward instead, Dutch researchers suggest.

Click Here to Read the Full Article by WebMD.com
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Lack of Vitamin D in Children 'Shocking'

About 70 percent of U.S. children have low levels of vitamin D, which puts them at higher risk for bone and heart disease, researchers said today.

Click Here to Read the Full Article by LiveScience.com

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Seattle Bank Teller Chases Robber Loses Job
A Seattle bank teller has lost his job because he ran down a would-be bank robber and held him until police arrived.

Click Here to Read the Full Article by Yahoo News
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51 Headless Vikings Found in English Execution Pit?

Naked, beheaded, and tangled, the bodies of 51 young men—their heads stacked neatly to the side — have been found in a thousand-year-old pit in southern England, according to carbon-dating results released earlier this month.

Click Here to Read the Full Article by NationalGeographic.com
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YouTube.com Videos of the Month:

America’s Funniest Home Videos & Hilarious Babies – A Fantastic Selection!

The AFV videos are a great compilation of a tradition we’ve all grown to love – people having some really bad moments caught on tape. The babies are not only adorable, but they’ll leave you in stitches as well. Overall, this month’s video selections are a blast. Be sure to forward these video clips to family, friends and co-workers!

Click Here to Watch the Video Clips by YouTube.com
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Delicious Recipe of the Month:

Beef Parmesan with Garlic Angel Hair Pasta

This is a great, inexpensive alternative to veal parmesan. The beef is moist and tender and the buttery garlic angel hair pasta makes it out of this world! Be sure to forward this recipe to family, friends and co-workers!

Click Here for the Full Recipe by AllRecipes.com
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Dumb Criminal Story of the Month:

Drunk Australian Man Stops at Police Station for Directions
An Adelaide man will face separate drink driving charges after going to a police station to ask for directions. Talk about drunk and clueless!

Click Here for the Full Story by DumbCriminals.com

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He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.

Newberg Oregon First Time Home Buyer Financing

Larry Morris, Oregon Mortgages (American Nationwide Mortgage Company, Inc) — Mon, 03 Aug 2009 12:43:32 -0500

Newberg Oregon 1st Time Home Buyer Financing

Newberg is a wonderful place to live. In close proximity to Portland, the mountains, the coast , wine country, among others.

Newberg is also very attractive for 1st Time Home Buyers.

While one of Yamhill county's largest towns, Newberg is still small enough to qualify for financing under the USDA Guaranteed Rural Home Loan program. This great program provides for 100% financing based on the appraised price, not the purchase price. This means that if a property appraises for more then the purchase price, the difference can be used to help offset closing costs. Sellers can also contribute up to 6% of the sales price to help cover closing costs. This allows many 1st Time home buyers to get into a home with little or no money down.

There are income qualifiers though.

Your mortgage payment (Principle, Interest, Taxes and Insurance) generally needs to be 29% or lower, and your total debt to income should be below 45%.
You also can't make too much money. This amount varies by county and the number of people in your household. It also includes income from all members of your household whether or not they will be on the mortgage or Title. It's best to call and talk with me to see if you make too much money.

The FHA also has several programs that are perfect for Newberg Oregon 1st Time Home Buyers.

FHA programs are generally more flexible for home buyers with higher debt to income ratios and income. It does require 3.5% down payment, but this can be gifted from a family member. Non-occupant co-borrowers can also co-sign for the loan. This can be used for income qualification purposes.

The FHA has a wonderful program to help that project house become a home that you would want to live in. The FHA 203k loan allows you to purchase a home and finance the costs of the repairs. You close at escrow, the seller gets their money and then the remodel work starts. You generally have up to 6 months to complete the work.

There are 2 programs within the 203K loan program.

Streamline - up to $35,000 of repairs, generally cosmetic or fairly straightforward work. This loan is perfect for the foreclosed home that was stripped or trashed.
Regular - This is a full blown construction loan and can be used for major remodels as well as the cosmetic items.

These 3 loan programs help make Newberg an ideal place for a 1st time home buyer to purchase a home.

I work with some of the best Realtor's.

Click here to search for Newberg homes.

Let me help you get pre-approved for your new home.

He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.

www.PDX-Mortgage.com

OR License ML-3259
WA License WA-510-LO-51175

APR rates are subject to change based on lender's normal credit guidelines and market conditions.