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FHA streamline refinance mortgage insurance drops dramatically!
FHA finally did something right … they are reducing the mortgage-insurance cost for borrowers who qualify for a streamline refinance. If you or someone you know currently has an FHA loan in the mid 4’s...
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Repairs can affect your home purchase and mortgage loan!
When you buy a home, and repairs are needed, it’s important to make sure your Sales Agreement is written the right way. Here’s a few tips on what your mortgage lender will expect, and how to make your...
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The Greek Impact on U.S. Housing Market
BIG NEWS coming out of Greece this weekend, as its citizens vote on whether to exit the European Union. The outcome could have a major impact on U.S. borrowing rates for mortgages and other credit....
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Portland real estate prices JUMP 7%, and more FHA changes coming!
RMLS released a report on Friday that showed over 7% gain on sold home prices from May 2011 to May 2012 … proving the Portland real estate market is heating up! Also, there are more FHA loan changes...
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Some things are more important than your mortgage rate – Seriously!
If you are shopping for a home loan, you MUST know the right way to compare lenders, and how to choose the best rate/fee structure for your needs. In some cases, the lowest mortgage rate isn’t always...
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Greece and Fed Reserve just handed U.S. housing market a gift
The recent elections in Greece and comments by the Federal Reserve have given our housing market a gift, at least temporarily. Watch today’s video to find out what happened and how you can benefit...
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Top court ruling leaves Oregon’s residential real estate market in limbo, by...
In a ruling the Oregon Supreme Court will soon review, the Oregon Court of Appeals on July 18 issued a major decision.The case, Niday v. Mortgage Electronic Registration Systems Inc., et al, held that...
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MultnomahForeclosures.com Updated with New Notice of Default Lists
Visit MultnomahForeclosures.com for the notice of default lists (Homes in Foreclosure) for Multnomah County and other Oregon counties. Multnomah Country Foreclosures http://multnomahforeclosures.com...
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Reasons To Attend Your Own Home Inspection, by Steph Nobel
As a home buyer , you can get a feel for whether a home’s systems and appliances are in working order. However, you can’t know for certain until after the home’s been inspected. This is why real estate...
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Declining Home Inventory Affecting Sales, by Mortgage Implode Blog
This past week, several reports were released, all of which showed that declining home inventory is affecting sales. This decline is creating a seller’s market in which multiple bids are being made...
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As Inventories Shrink, So Do Seller Concessions, by RisMedia
With inventories down and prices up, sellers are ending the costly incentives they have been forced to offer buyers during the six-year long buyers’ market. Concession-free transactions make...
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3 Tips To Get The Best Results On Your Mortgage Application, by Steph Noble
Although the financial markets have tightened lending guidelines and financing requirements over the last few years, the right advice when applying for your loan can make a big difference. Not all...
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3 Common First Time Home Buyer Mistakes Can Cost Thousands, by Steph Noble
Buying real estate for the first time is a very exciting step in life. It is likely to be one of the biggest financial commitments that you make, so it’s very important to navigate the purchasing...
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How To Have the Best Garage Sale Ever At Your Home, by Steph Noble
It’s getting close to that time of year again — time to have a garage sale at your home! Here are a few tips to help you have your most successful garage sale ever. Advertise Your Sale In Local...
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Asking Prices and Inventory for Homes in Portland Oregon June 3rd 2013
As of June 03 2013 there were about 8,714 single family and condo homes listed for sale in Portland Oregon. The median asking price of these homes was approximately $285,077. Since this time last...
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Interview with Jeff Foody of Reverse Mortgages Northwest
Jeff Foody answers some important questions regarding Reverse Mortgages. Reverse Mortgages is not for everyone, but for those that need its flexibilities it can be a life-changing opportunity. It...
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Multnomah County Property Tax Appeal Process
This information will help you decide how to appeal your property value to the Board of Property Tax Appeals (BoPTA). Your appeal must be postmarked or delivered by December 31. Deciding to appeal...
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GaSandra Carlson of Envoy Mortgage talks about the FHA 203 K Loan
GaSandra Carlson of Envoy Mortgage talks about the FHA 203 K Loan. This is a Rehab loan that allows buyers to buy a home that needs some work and borrow enough money to Rehab the home. This loan can...
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