Today Buyers and Sellers alike are hearing these terms more and more which bring more questions than answers most of the time. There are many misunderstandings of what these terms mean and what the process is or can be. The current real estate market is one that even veterans of 40 plus years have never seen before. Let’s explore what these mean here locally and have a glimpse of what they may mean in other areas.
Waterfront homes are one of the most sought after properties in Central Oregon. Central Oregon offers many choices of riverfront property. Pricing, style, age and type of home varies as much as the bends of the rivers. Search For Riverfront Properties The Big Deschutes River is navigational by motor boat, it is the widest and […]
Did you know that an FHA loan is not just for first time home buyers? It is a myth that FHA home loans are only for the first time home buyer. Today, we are going to take a look at what our friends over at Home Loan Ninja have to say about FHA loans. FHA […]
Selling your home in the winter is not as difficult as many people might make it out to be. Just remember, your buyer needs to feel, welcome and not overwhelmed. To list your home this winter – drop me a email or give me a call I would be happy to assist you.
Many times a buyer will find the perfect home and it just needs a some fixes – these home can be purchased with a 203k FHA loan. Although these loans can be tricky and the buyer, agent, lender and yes even the seller should be aware of the process they can be done. Half the […]
Different loan programs have different requirements, but almost all allow for the seller to pay part or all of your closing costs. This is one of the many details you should discuss with your agent and your lender prior to writing an offer. This does have an impact on your offer and does need to […]
Many times a buyer will ask me how much they need to put down to purchase a home. The answer is not nearly as easy as you might think. There are several loan programs and different requirements for each loan product. The video below will discuss, FHA, VA and conventional financing. There are a couple […]
Wondering what Mortgage Insurance is? Simple and clear explanation along with a video created to let you the consumer know what you are paying for.
Did you know you can still obtain 100% financing? Most of Central Oregon falls into the areas allowed for a USDA home loan (with the exception of the City Limits of Bend). Although the funds are not always available it is a choice you should always talk to your lender about.
Confused about what DTI is for your loan process – video explains this term and many more. Debt to Income has a top and a bottom, make sure you know what the experts are talking about Home Loan Ninjas explain DTI very simply.