Today we have two homes in La Pine that are in the NSP area. Remember that the NSP gives you 20% more buying power with no payment or interest until you refinance or sell the property. These homes are the homes available as of 10/28/11 in the area that qualifies for NSP loans. If you […]
The Neighborhood Stabilization Program (NSP) is back for selected areas in both Redmond and La Pine, Oregon. The NSP allows a buyer after going through a specific program a second loan on the purchase of a bank owned home.Thesa Chambers, 541-771-7064
In the last couple weeks we have started to see some interesting things with the real estate markets in Central Oregon. Several times, in the last 2 weeks I have had a buyer ask for information on homes in a specific area, at specific price ranges. The lists are getting much smaller than we have […]
Traditional sale vs bank owned homes – plus your list of bank owned homes for – La Pine, Three Rivers South and Sunriver as of October 1, 2010
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 […]
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 […]
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 […]
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.