Foreclosure Report For March 2010: Portland in Flux
March 23, 2010 by dirkknudsen · Leave a Comment
Portland, Oregon
For investors looking to the Pacific Northwest as a retirement destination, Oregon has it all — plus great affordability. The Market is really offering some great values right now both in short sales and foreclosures.
“We are seeing some increases in the number of actual bank foreclosures and this trend will likely continue. [...]
Troubled homeowners choose strategic mortgage default
January 24, 2010 by dirkknudsen · Leave a Comment
By Amy E. Buttell, Cyberhomes Contributor
With one-quarter of all homeowners underwater and many unable to refinance, more are considering what was previously unthinkable: walking away from their homes, even though they can afford their payments. It’s an idea that’s gaining currency. Experian, a credit rating firm, and Oliver Wyman, a consulting firm, estimate more than [...]
Special Financing Available in Oregon for Builders Inventory
January 21, 2010 by dirkknudsen · Leave a Comment
This is a new Finance and Warranty Program all wrapped into one and it is a heck of a program. You need to qualify and purchase one of the homes that is on the list that is published by Community Financial Corporation in Lake Oswego.
Having said that there are some terrific values here. [...]
Try Our New Chat Link: Live Help is Here
January 21, 2010 by dirkknudsen · Leave a Comment
See the new chat link on our page header.
FHA Loan Guidelines Changing Again: Catch Up
January 20, 2010 by dirkknudsen · Leave a Comment
Great info to read up on. These new rules will stabilize the markets but will mean it is harder to get into a home. There is still good FHS funding out there however. It is very important to note these Rule Changes. here is the post from the HUD Website:
FHA Announces [...]
