Oregon has positioned itself to be the first State to have State controlled rent. What does that mean for both the homeowner and the tenant. When this first was published many Realtors® I know were concerned for both the owner and the tenant. The final bill (Senate Bill 608) caps rent increases at 7% per […]
I Have a Bankruptcy How Long Before I Can APPLY For a Loan
One of the biggest questions from Short Sale Sellers, and folks facing bankruptcy in Central Oregon is how long before I can apply for a new mortgage? The answers have been slow in coming but finally some mortgage folks are stepping up and answering our questions. Jason with Home Loan Ninjas answers this and a […]
Loan Time Lines – What is Underwriting Timeline
The process of buying a home can be a long and lengthy process and most real estate professionals like to place the blame on the underwriter. I personally think it is because the underwriter is kind of like the Wizard in the Wizard of OZ. They sit where none of us have access to them, […]
Sub-Prime Market Means Big Changes for Buyers and Sellers Alike!
It really does not matter if you are a buyer or a seller this subject has an impact on you. The buyers that have counted on 100% financing are finding that the loan they qualified for just hours ago may no longer be available. Not of any wrong doing of the buyer, the Real Estate […]