buyers: Short Sales Aren’t For Babies, But Babies Get The Cream Of The Crop
- 04/08/09 06:05 AM
I am not going to discount the difficulty of purchasing a Short Sale. However, when you have a good Real Estate Broker working for you it is not your hardship to bear. With a little patience you may find yourself owning a home at rock bottom price. There are many causes behind the short sales that we are seeing on the market today, however, there is one truth to always keep in mind: Lenders do not want to see the home go into foreclosure. This simple fact is what allows a skilled negotiator to assist you in purchasing the home for (1 comments)
buyers: $225,000 - View Lot
- 11/12/08 07:26 AM
Unbeatable views! Enjoy this highly sought after neighborhood with walking trails along the river, blocks from downtown Historic Willamette and many neighborhood parks. Utilities are in and ready to build. Bring your builder or will build to suit.
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buyers: $689,000 - Bring Your Builder or Will Build To Suit
- 11/12/08 07:22 AM
Exceptional views from this ready to build lot in sought after neighborhood. Will build to suit by high end local builder. Some of the features included: hardwood floors, granite counters, cherry or oak cabinets, and tile floors. Located a block away from the Tualatin River and a few blocks from downtown Historic Willamette this is truly a place to call home!
buyers: Financial Security = Tangible Investment
- 11/12/08 06:35 AM
We have made it through the elections and regardless of whether or not your candidate was elected President, we all know that change is approaching. These changes will not happen on January 20, 2009 when Barack Obama takes office, in fact, we may not see any significant changes for a year or more. However, based on Obama's campaign, some of the changes that we can expect are: •· Significant tax relief for middle/lower class, small businesses as well as Senior Americans. •· Improve job security by encouraging American companies to keep jobs at home. •· Invest in clean energy by providing (0 comments)
buyers: You Might Be A Professional If...
- 11/04/08 05:36 AM
The changing real estate market has caught many agents by surprise. This is a tough business to be in with duties ranging between home staging and decorating to sales and marketing to negotiation and loss mitigation. When the market is good we are buffered from some of the more discouraging aspects of our business because the income opportunities distract us. However, when the market is slower we have to work twice as hard to earn half the profits. It is times like these that determine the true professionals. Professionals do not whine about the changes, they embrace them as an opportunity (6 comments)
buyers: HOPE for Homeowners
- 10/16/08 07:52 AM
As part of the Federal Governments efforts to assist homeowners who are potentially facing foreclosure a refinancing program has been created called HOPE. This FHA program allows homeowners having difficulty paying their existing mortgages to refinance into FHA secured mortgages that they can afford. For borrowers who refinance using this program, lenders will be required to "write down" the size of their mortgage to a maximum of 90% of the homes new appraised value. Only owner occupants with no second homes are eligible for this program. Additionally, the following criteria must be met: Their mortgage must have originated on or before (0 comments)
buyers: Market Action
- 10/15/08 05:46 AM
The latest Market Action report, which is provided by PMAR (Portland Metro Association of Realtors), came out today with statistics for the month of September. According to this report, market activity continues to slide, however, not as significantly as it has over the past few months. Additionally, we are seeing a 15% decrease in new listings from last year which is an indicator of lack of market confidence. Based on the current rate of sales and number of homes to sell it would take 10.4 months to sell all of the inventory on the market. We continue to see a decrease (0 comments)
buyers: Fact or Fiction?
- 10/10/08 04:06 AM
There are many Real Estate myths, common misnomers and unknown facts circulating about Real Estate. Some of these concepts go as far as contradicting themselves. How does an intelligent consumer sift through all that they are fed to get the real scoop? Many first time buyers are overwhelmed by the number of "knowledgeable" friends and family members who want to help them to make good decisions. Unfortunately, many times Aunt Ida's advice is contrary to Brother John's advice which is the complete opposite of co-worker Sally's advice. Some of the concepts I would like feedback, questions and comments on are: •· (3 comments)
buyers: No More Loans!
- 10/09/08 09:11 AM
Sometimes I wonder where the media comes up with its content. In case the general population is not anxious enough about our countries state of affairs we have people running around saying "the sky is falling, the sky is falling!" The reality is: there are plenty of loans available. Yes, you do need to have a job in order to get a loan and chances are you are going to have to put some money down in order to purchase the home. FHA (First Time Home Buyer or anyone who has not owned a home in the past 3 years) is (1 comments)
buyers: Bank Owned vs. Private Party
- 10/09/08 05:37 AM
I have to wonder where the belief began that the only great deal in Real Estate is a bank owned property. Granted, the bank does not want homes sitting on their books endlessly, however, they are not so desperate that they are going to sell it for pennies on the dollar. I often find that typically one of the first questions a new buyer will ask me is: "do you have any bank owned properties?" Do you know how I answer? "Why is that important to you?" Interestingly, as I drive around previewing homes and showing clients I am seeing much (7 comments)
buyers: Making a Million!
- 10/08/08 04:53 AM
What a month! Lehman Brothers, Merrill Lynch, Fannie Mae, Freddie Mac, AIG... Now on to some better news... Did you know that more millionaires were made during the great depression than any other era in U.S. history? Although many of us consider the Great Depression a bleak time in our history it was actually a pivotal turning point for our country both economically and innovatively. Here is a little history lesson: The Great Depression actually began several years before the 1929 stock market crash and lasted until World War II brought the country out of it. In the years prior to (2 comments)
buyers: $7500 Tax Credit
- 10/08/08 04:50 AM
As we approach the beginning of the school year I am amazed at how quickly the summer has passed. I looked down at my calendar today and realized that I only have 2 weeks to purchase school supplies, clothes and back-packs. I have yet to figure out where the summer has gone and despite high hopes for a summertime market recovery, activity continues to be slow. The good news is that the federal government is making efforts to resurge the Real Estate market by passing legislation that would benefit first time home buyers. The federal government considers a "first time buyer" (4 comments)