2/1/2010 3:45:00 PM
Feb 2010 Eugene Stats
Comparative Market Stats for area 244 (SW Eugene) only $200k-$450k, 3 bed / 2 bath minimums ● 80 Active Sellers in line to sell their homes ● 11 homes on average go under contract each month ● There are 7.2 months of inventory in section 244. ● Sellers are ...
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1/27/2010 1:07:00 PM
HAFA
As if we needed ANOTHER acronym, here comes HAFA! Unveiled at the end of last year, the new HAFA rules will take effect April of 2010. So what are these new federal guidelines? The HAFA program is a baby brother of the Home Affordable Modificiation Program. ...
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1/27/2010 12:52:00 PM
RESPA RULES 2010
RESPA, otherwise known as: Real Estate Settlement Procedures Act (phew, what a mouth full!) took effect January 1, 2010. These new federal guidelines were put in place to help the consumer understand their loan documents and settlement costs. The new rules ...
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1/22/2010 12:17:00 PM
Mortgage Banker Assocation Predictions
The Mortgage Banker Assocation ( www.mortgagebankers.org ) predicts the following numbers: Year 2010: First Q will see 30 year fixed rates at 5.4%, but by the Q4 expect 6.1%. Year 2011: 6.2% Year 2012: 6.5%
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1/21/2010 3:00:00 PM
New FHA rules
As reported by Inman News yesterday--important financial news from the Adminstration is coming down the pipeline. "The Federal Housing Administration won't raise the 3.5 percent minimum downpayment requirement for mortgages it guarantees as long as ...
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1/20/2010 5:03:00 PM
Attention Investors: New HUD Announcement
HUD just announced that, effective February 1, 2010, they are suspending the FHA 90 Day Anti-Flipping Rule. With certain exceptions, such as HUD-owned and bank-owned properties, FHA currently prohibits insuring a mortgage on a home owned by the seller for ...
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1/4/2010 3:26:00 PM
Sustainable Building
Sustainable building is compelling territory for me. Considering today's advanced building technologies, there are no excuses for slap-chop new construction. Building America is a program I am learning more about everyday, as I take time to research their ...
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12/15/2009 1:11:00 PM
Getting Results
I admit it. I love sports radio. I started out a plain, ol' run of the mill talk radio junkie, but gradually, the only station left on in my car is the sports shows. I attribute this to their entertainment value, only. I love the brash commentary on players, ...
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12/6/2009 5:30:00 PM
The Perception of a Real Estate Agent
My husband and I have recently lived successfully without cable since early Spring. We got along with the four fuzzy channels left in the wake of the digital changeover and joined Netflicks to offset our addiction to televised entertainment. In that time, ...
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12/5/2009 2:54:00 PM
Oregon Foreclosure Timeline (non-judicial)
Going through my files the other day, I found my Oregon Trust Deed Foreclosure Timeline. And being that I am a new Certified Distressed Property Expert (CDPE) I immediately pulled it out for review. Then I thought---how timely! Wouldn't others appreciate ...
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