Travis' Video, The $8000 Tax Credit for "New" Home Buyers - 02/25/09 09:33 PM
Hello Friends, I know there are about 1000 posts on this now but I thought for us visual "learners" I would post a video recapping the major points. #1 A true $8000 credit, no required to be repaid unless the home is sold in the first 3 years. #2 The provision considers “new home buyers”, not necessarily first time home buyers. #3 You can receive the credit this year by waiting to file or extending your filing until October to receive the $8000 immediately after closing on your home. #4 If you have already filed your taxes, a strategy to raise … (4 comments)

"Big Day" Travis' Video Mortgage and Financial Market Update for Feb 10th - 02/10/09 02:48 PM
Hello Friends, Wow what a day! Interesting times but we all knew that right? 4 major headlines today. First, the US Senate passed the new $838 Billion Stimulus Bill with a vote of 61-37. What is interesting was that the "market" or traders had already anticipated this passing when the terrible jobs numbers came out last week and there was a rally last week because of it! Well it is kind of like the day after Christmas, the gift has come and gone and then when more uncertainty hits, it erases all the gains or "gift" it rallied on last week. … (4 comments)

Travis' Video Mortgage and Financial Market Update for Feb 6th - 02/06/09 12:44 PM
Hello Friends, Crazy days, crazy days! 598,000 jobs were lost in January alone bringing the total to 3.6 million jobs lost since the recession started in Dec 2007 but what is really scary is that half of those were lost in the last 3 months alone. Interesting to see the DOW turn positive on this news but the feeling is that traders are confident now the Senate has no choice but to get this stimulus package pushed through as President Obama said, dire consequences if we dont. At the pace of job losses now, I would have to agree. Great news … (1 comments)

 
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Travis Neliton NMLS 283894

Beaverton, OR

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Mortgage Express NMLS ID 40831

Address: 10260 SW Greenburg Rd, Suite 830, Tigard, OR, 97223

Office Phone: (503) 517-8758

Cell Phone: (503) 389-0689

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