eugene: Did you know Mortgage Rates are the lowest in 2011? - 06/10/11 09:35 AM
~ ~ DID YOU KNOW MORTGAGE RATES ARE AT THE LOWEST IN 2011? ~ ~
That's right - Mortgage Rates are the LOWEST they've been in 2011!
What does that mean for you? 
It means NOW is the time to refinance or purchase that home!!!
Mortgage Rates will go up as the economy improves, so take advantage of the LOW Mortgages Rates while you can.

This week I've helped 4 homeowners refinance who had been watching the rates get lower and lower and lower.
When I asked them why they chose this time to refinance, they all … (4 comments)

eugene: What's happening in Eugene, Oregon Today? Antiques Roadshow, that's what! - 06/04/11 03:28 AM
What's happening in Eugene, Oregon Today?  Antiques Roadshow, that's what!
How much is that old crank telephone in your attic worth, anyway?  You’ll soon find out, because Antiques Roadshow is in Eugene,Oregon, TODAY.  All the Antiques Roadshow fun will be at the Lane Events Center!
Tickets are FREE but you had to apply to get them.  The Eugene Oregon Antiques Roadshow segment will air sometime between January 2012 and June 2012, but no specific date has been set yet; Antiques Roadshow will announced the air date in September 2011.   

Do I have to bring an item to be appraised, … (5 comments)

eugene: If not now, when? Take advantage of LOW Mortgage Rates in Eugene Oregon - 05/28/11 08:10 AM
If not now, when? 
Take advantage of LOW Mortgage Rates in Eugene Oregon
 
Mortgage Rates in Eugene Oregon are LOW  - - if you don’t purchase or refinance now, then WHEN?
According to Freddie Mac, this is the lowest Mortgage Rate in 2011.
If you’ve been waiting to buy or refinance, now is the time. 
When Mortgages rates in Eugene Oregon strike the yearly low, it’s the time to buy!
We do not know how long these low rates will stay around, OR when they will come back. 
So GET THE LOAN LOCKED WHILE YOU … (2 comments)

eugene: Helping a Senior with a Reverse Mortgage - 05/27/11 03:32 PM
Helping a Senior with a Reverse Mortgage
One of the most gratifying parts of my job as a Loan Officer is when I get to help a Senior tap into the equity in their home through a Reverse Mortgage.
It usually starts this way: I get a call from a Senior, they are at least 62 years old, and they are worried, maybe scared; each Senior has their own reason for being worried and/or scared. 
I’ve had one Senior who became ill and couldn’t afford the medical treatment he needed; I had another Senior who lost her job – and … (4 comments)

eugene: How many times do you run my credit report and verify my employment when I get a mortgage? - 05/27/11 05:36 AM
How many times do you run my credit report and
verify my employment when I get a mortgage?
Question:  I’ve just been informed that at the end of August 2011 I will be layed off.  My husband and I have been thinking about selling our home and purchasing another home, but it may not all happen before I’m layed off.  When getting a mortgage, how many times do you run my credit report and how many times do you verify my employment?  Thank you, Karen
Answer:  Karen this is a great question, and in this economy I’m asked this … (0 comments)

eugene: Antiques Roadshow - DID I GET TICKETS??? - 05/11/11 04:35 PM
Antiques Roadshow follow-up - DID I GET TICKETS???
I said I would let everyone know if I was lucky enough to be selected from the random drawing by Antiques Roadshow to get tickets, and the answer came in the mail today...
I GOT "2" TICKETS TO THE ANTIQUES ROADSHOW coming to
 
Eugene, Oregon on
Saturday, June 4th, 2011, for the
3pm entrance time slot!
 

I'm so excited.  My husband and I are making a 'date night' out of it.  It says on the ticket that each ticket holder must bring 1 item to be admitted, … (7 comments)

eugene: Happiness in a bottle? Is it possible? - 04/08/11 11:52 AM
 Happiness in a bottle?  Is it possible?

 
Hello Everyone!
I found this bottle of wine at Trader Joes and bought it simply because of the Smiley face - it's so cute.  The wine is OK, but the bottle is adorable. 
The winery that makes it, Oreana Winery, has something called Project Happiness.  On the back of the bottle the first line is: "Finally, somebody put it in a bottle."
I applaud their efforts to spread Happiness around the World.  To learn more about this Santa Barbara, California wine makers Project Happiness, click here. 
Enjoy the weekend and … (16 comments)

eugene: ~ ~ Antiques Roadshow is coming to Eugene ~ ~ - 04/05/11 05:48 AM
~ ~ Antiques Roadshow is coming to Eugene ~ ~
Antiques Roadshow is coming to Eugene - and there are only thirteen days left to apply for tickets!
That's right, Antiques Roadshow is coming to Eugene on June 4, 2011.  You have until April 18th at 11:59PM EST to apply for tickets here, so take advantage of the FREE tickets now. 
 

 *Tickets are limited to two per household
 
 *There is a limited number of tickets available
 
 *Ticket winners are selected at random, meaning when you apply does not matter so much, but it DOES matter … (9 comments)

eugene: Price of Gas is all relative, and it's not as bad as you think! - 03/09/11 05:28 AM
Price of Gas is all relative, and it’s not as bad as you think!
I was in the kitchen listening to CNN talking about the price of gas and how it’s rising daily; it’s expected to be closer to $4, maybe even $5 per gallon fairly soon.
I got to thinking, what I do pay on a per gallon basis for the Gatorade in my hand?  And how about the liquid soap I just used to wash my hands, and what about the Special K Protein Shake I’ll drink between now and lunch?
So I did some analysis.  I … (21 comments)

eugene: It’s true – Antiques Roadshow is coming to Eugene, Oregon! - 03/02/11 12:43 PM
It’s true – Antiques Roadshow is coming to Eugene, Oregon!
How much is that old crank telephone in your attic worth, anyway?  You’ll soon find out, because Antiques Roadshow is coming to Eugene, Oregon!
The popular Antiques Roadshow will be in Eugene on June 4, 2011.  Tickets are FREE and limited to two per household; click here to apply.  Deadline for the much wanted Antiques Roadshow tickets is April 18th at 11:59PM EST, so don’t delay.  Tickets are limited and the lucky winners are selected at random.  

 
How many items can I bring to Antiques Roadshow for appraisal?  Having … (12 comments)

eugene: Our home is not paid off, can we still get a Reverse Mortgage? - 02/09/11 03:24 PM
Our home is not paid off, can we still get a Reverse Mortgage?
Question:  I'm wondering if you can help me.  I'm 66 and my wife is 64 years old.  We are interested in a Reverse Mortgage but don't know if we can get one because our home is not completely paid off.  Can we get a Reverse Mortgage if our home is not paid off, and if we can, how much can we get?
Answer:  This is an excellent question and I'm glad you asked.
First, I see that you are both at least 62 years old, which is a … (5 comments)

eugene: Do I have to be in credit trouble to get a Reverse Mortgage? - 02/08/11 02:28 PM
Do I have to be in credit trouble to get a Reverse Mortgage?
Question:  I've heard that to get a Reverse Mortgage I have to be 62 and be in credit trouble.  I am not in credit trouble, but don't have a lot of retirement income.  Can I still get a Reverse Mortgage?
Answer:  This is a question I am asked often, and thank you for asking.
It's a rumor that you have to be in credit trouble to get a Reverse Mortgage, but you do need to be 62.
I will have to run a credit report initially when you … (8 comments)

eugene: Can the bank kick me out of my home if I get a Reverse Mortgage? - 02/05/11 12:46 PM
Can the bank kick me out of my home if I get a Reverse Mortgage?
Question:  I recently turned 62 and am interested in a Reverse Mortgage.  I've heard that once the bank pays me the full amount of the Reverse Mortgage they take my home and I have to move out.  My home is full of years of memories and I couldn't handle having to leave before I'm ready!  Is it true, can the bank kick me out of my home once the full amount of the Reverse Mortgage has been paid to me?
Answer:  Thank you so much for … (7 comments)

eugene: Video: New 2011 Fannie Mae Homepath Guidelines & VA Approved Condos - 01/28/11 05:47 AM

A very informative 4 minute video; a must see for anyone interested in the updates to the Fannie Mae Homepath program, and especially for those interested in updates on the Eugene & Springfield Oregon HAP and SHOP programs. Also, look for information about Eugene & Springfield area VA approved condominiums. Enjoy the video!
(5 comments)

eugene: What happens at the end of a Reverse Mortgage? - 01/12/11 03:44 AM
What Happens at the end of a Reverse Mortgage?
Question: You explained that a Reverse Mortgage is a loan on the equity of my home, and it becomes due when I move from my home or pass away.  How does that work in the end, what happens at the end of a Reverse Mortgage?  What if there is not enough money from the sale of my home to pay back what is owed on the Reverse Mortgage?  Will my heirs have to pay the remaining balance due?
Answer: This is an excellent question.  Generally, after you move from your home, or … (12 comments)

eugene: Reverse Mortgage To Improve Retirement Cash Flow - 11/08/10 01:40 AM
Reverse Mortgage To Improve Retirement Cash Flow
As the American population is reaching retirement and they want to improve their cash flow, reverse mortgages are becoming more popular.  There are mistakes being made while considering a reverse mortgage however, and below are a few examples:
1) Waiting to look for a reverse mortgage until your home loan is paid off: This is the beauty of a reverse mortgage - your home does not need to be paid off to be able to tap into the equity!  An experienced lender will be able to tell you if you qualify for a reverse mortgage, and more than likely you can start receiving a … (1 comments)

 
Ellen Wright Adams, LoansByEllen- Licensed in Oregon  (Academy Mortgage.......We are a Equal Housing Lender)

Ellen Wright Adams

LoansByEllen- Licensed in Oregon

Eugene, OR

More about me…

Academy Mortgage.......We are a Equal Housing Lender

Address: 777 High ST # 240, Eugene, OR, 97401

Mobile: 541-521-7192

Email Me

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