Tag Archive
The Calm… Not The Storm
“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 [...]
Limits On Seller Contributions or Interested-Party Contributions
Interested-party contributions (IPCs also know as seller contributions) are costs that normally are the responsibility of the property purchaser that are paid (directly or indirectly) by someone else who has a financial interest in, or can influence the terms and the sale or transfer of, the subject property. These persons or entities include, but are [...]
BREAKING NEWS! Oregon Bond Has Opened It’s Cash Advantage Program to All Areas!
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 [...]
Oregon Bond Opened Up Their Cash Advantage Program Again!
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
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 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 [...]
Is Your Home-Renovation Project Really Worth Doing?
(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 [...]
Now is literally the best time in recorded history to buy a house in America…
Ran across this great article the explains why exactly NOW is literally the best time to buy in recorded history. Get in touch with me for questions about getting preapproved to buy your home. Excerpts from the article: By Dr. Steve Sjuggerud Wednesday, June 1, 2011 Now is literally the best time in recorded history [...]
Bloomberg/Businessweek Rate Portland, OR #1 For Long Term Real Estate Growth!
It’s not often we get to be in the spotlight from a national news source. However, he we are and it’s a good thing! A recent article in the Bloomberg/Businessweek highlighted Portland, OR with the largest real price gain in home values since 1990. Here are some quick excerpts from the article: The era of [...]
For Immediate Release: Michael J. Eiden has Joined Pacific Residential Mortgage
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 [...]
