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short pay: Short Sales|The Under Utilized Partnership - 07/24/10 03:51 PM
There is a valuable partnership not being described much…are you using this partnership? The partnership I am referring to is that of the short sale real estate broker and their local HUD certified housing counselors. Many homeowners in financial distress seek the assistance of their local HUD certified housing counseling agency. They come seeking the expertise and guidance of a housing counselor. They may have found this resource through the marketing efforts of the agency, they may have been pointed that direction by a family member, friend, colleague or their existing lender. How many are pointed that direction by the real … (4 comments)

short pay: Southern Oregon Homeowners, You’ve Heard of Short Sales, But Have You Heard Of Short Refinancing? - 05/05/09 04:31 PM
So, you heard about the really nice low interest rates people are getting on their mortgages, and you thought "hey...I'd like to save money every month to put back in to my budget". You made a call or two, and found out "I'm sorry, Mr./Ms. Homeowner, but we can't help you due to the amount you owe on your home vs. the amount your home is worth in today's market". So, you go back to chugging along, thinking all these stories you are hearing from people and in the news is just a bunch of hooey. Maybe, you're even a little … (0 comments)

short pay: Great Loan Option For Owner Occupied Buyers Purchasing Homes Needing Repairs - 01/30/09 07:03 PM
Oregon Home Buyers and Real Estate Brokers, here's a tool you might put in your home buying chest. Did you know that if the property being purchased is an eligible property on the USDA Guaranteed Rural Housing loan program:
•a)      Not only are some lenders able to fund these loans right now even though allocation has been depleted;  but
•b)      You may be allowed to purchase a home that needs repairs of up to $10,000 and still proceed and close your transaction?
If the home being purchased by an eligible buyer is a short sale or foreclosure, this can be a … (3 comments)

short pay: Beware! Not All Note Modification and Short Pay Negotiators Are The Same! - 12/19/08 06:50 PM
There are options out there for struggling homeowners, albeit only a few truly helpful to these families trying to figure out how to stay in their homes. One program is the Streamlined Modification Program, a legitimate program that represents the efforts of a collaboration with the Federal Housing Finance Agency, the Department of Treasury and the members of the HOPE NOW Alliance. Some changes were announced last week for this Streamlined Modification Program: 
"On Friday December 12, Fannie Mae announced more specific details about the Streamlined Modification Program (SMP) that was announced by the Federal Housing Finance Agency (FHFA) on November 11.  … (12 comments)

 
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Karen Pierce Cooper

Medford, OR

More about me…

Karen Pierce Cooper| Housing Counselor |Oregon

Address: PO Box 4126, NMLS#223305 , Medford, OR, 97501

Office Phone: (541) 779-6691

Email Me

Bringing 28 years of experience providing Southern Oregon and California Home Buyers and Homeowners | Serving all of Jackson County Oregon including Ashland- Talent- Phoenix- Medford-Jacksonville- Ruch- Central Point- White City- Eagle Point- Shady Cove- Gold Hill, as well as Josephine County including Grants Pass- Merlin- Wilderville | Helping Southern Oregonians on the road to fulfilling the American Dream of Homeownership - and staying there!

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