“The fishermen know that the sea is dangerous and the storm terrible, but they have never found those dangers sufficient reason for remaining ashore.” Vincent van Gogh, Dutch painter (March 30, 1853 – July 29, 1890) http://www.vangoghgallery.com/ Artists take risks. They pursue their vision, often without financial security, facing long odds while stewing in their [...]
I think you’d probably agree that the worst investing advice in the world is: Buy high, sell low. That’s the very definition of losing money on an investment, right? So let me ask you: Why would you wait for the housing market to improve before buying a house? I understand there’s a lot of uncertainty [...]
If you’re underwater on your conforming, conventional mortgage, you may be eligible to refinance without paying down principal and without having to pay mortgage insurance. Important Note: Fannie Mae and Freddie Mac are scheduled to provide full details of the program, including information to lenders, by Nov. 15. The FHFA says some lenders may be [...]
Pew Research Center says every day for the next 19 years, 10,000 Baby Boomers a DAY will enter retirement age. Hereʼs a short article that might help those Boomers evaluate whether or not their home will age as gracefully: I often hear from clients who are worried about their parents (or themselves) when it comes [...]
Effective immediately, the CashAdvantage option for the Residential Loan Program is available for Non-Target and Target areas in Oregon. The rate is 4.40% and 3% (of the Note amount) cash assistance is available for down-payment, closing costs, or prepaids. Funds are limited so get your reservations in SOON! Stop by my page www-Michael-Eiden.com and get [...]
OHCS helps low and moderate-income families in Oregon buy their first home by providing below-market rate financing and cash assistance through its Residential Loan Program. The program’s below-market rate helps eligible families increase their home purchasing power and lowers their monthly house payments. Eligible borrowers will have two options to choose between – CashAdvantage [...]
MI tax deductibility law extended through 2011! Borrower-paid MI premiums are tax-deductible through the year 2011. Below are answers to commonly asked questions regarding the law. Borrowers should consult their tax advisors regarding MI tax deductibility. See disclaimer note below. FAQs Does the bill apply to MGIC mortgage insurance? Yes, borrower-paid MI provided by MGIC [...]
HomePath Mortgage Financing HomePath financing is only available on Fannie Mae owned homes. Checkout the listings at HomePath.com! Here are some quick highlights: • Low down payment and flexible mortgage terms. Available to both owner-occupants and investors: – Owner occupied – 3% down – Second homes – 10% down – Investment – 10% 1 -2 [...]
(ARA) – Maybe you’ve watched one too many home improvement shows. Perhaps you’re still stinging from that holiday guest’s comment about how your kitchen countertop has seen better days. Or maybe you’re just really tired of the same old, same old every day. Whatever the reason the remodeling itch has settled into your brain, before [...]
NEWS RELEASE For Press Inquiries: Justine Saudan, Media Relations 4949 Meadows Road Suite 150 Lake Oswego, OR 97035 PACIFIC RESIDENTIAL MORTGAGE FOR IMMEDIATE RELEASE PACIFIC RESIDENTIAL MORTGAGE, is pleased to announce that Michael Eiden Sr. Mortgage Banker MLO-165229, has joined our Lake Oswego Branch. Michael’s passion lies in serving the needs of others and contributing [...]
