Posts Tagged ‘First time home buyer’
Wednesday, September 15th, 2010
The latest market report for the Portland Real Estate market shows a steady level of continued price reductions on homes for sale around the Portland Metro area. Back in August we talked here on the McDonald Group Real Estate blog about the Portland Business Journal article stating that thirty-two percent of Portland homes for sale in early summer experienced at least one price reduction, ranking Portland No. 16 on Trulia’s list of price reductions in America’s 50 largest cities. Those numbers are sticking around.
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Tags: First time home buyer, for sale, home buying, Homes for sale, housing market, interest rates, Lending, Low Prices, mortgage, portland market, Portland Real Estate, portland real estate market, real estate, Short Sales
Posted in Bank Owned, Investment Information, Listings, Market Report, Mortgage Rates, Portland Real Estate, Real Estate Tips | No Comments »
Friday, August 20th, 2010
Check out the new neighborhood profile detailing the neighborhood of Buckman in Southeast Portland, filled with quirky culture, classic Old Portland homes, and some of the best dining and shopping in town. The Buckman neighborhood is progressive and proud, and provides easy commuting access downtown via the Burnside, Hawthorne, and Morrison bridges. Buckman includes parts of two of the most popular retail districts in town, Hawthorn and Belmont Streets, complete with vintage stores, great brunch spots, and open parks. Combining the best of urban accessibility and comfortable, small-neighborhood atmosphere, Buckman is quintessential Portland.
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Tags: First time home buyer, for sale, foreclosures, home buying, housing market, interest rates, neighborhood, portland, portland market, portland real estate market, SE Portland Home
Posted in Announcements, Investment Information, Listings, Neighborhoods & Areas, Portland Real Estate, Real Estate Tips | No Comments »
Thursday, August 12th, 2010
In a report published in the Portland Business Journal yesterday, we learned that thirty-two percent of Portland homes for sale, listed since the beginning of this month, experienced at least one price reduction. That ranked Portland No. 16 on the website Trulia’s list of price reductions in America’s 50 largest cities.
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Tags: First time home buyer, for sale, home buying, Homes for sale, housing market, interest rates, Lending, Low Prices, mortgage, portland market, Portland Real Estate, portland real estate market, real estate, Short Sales
Posted in Bank Owned, Investment Information, Market Report, Mortgage Rates, Moving To Portland, Portland Real Estate, Real Estate Tips, Short Sales, Tips When Buying a Home | No Comments »
Wednesday, November 4th, 2009
So it seems there was some progress made this week on extending the home buyer tax credit; this is great news because I have some first time home buyers that can’t close before 12/8/09 (in case I have clients reading this, no it’s not your loan unless your initials are BA- I don’t want to unnecessarily panic anyone I’m currently working with).
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Tags: First time home buyer, Tax Credit
Posted in Uncategorized | No Comments »
Saturday, September 12th, 2009
So I was discussing with a client today when she should have a home picked out, negotiated and in escrow to ensure she gets the tax credit when I realized, we’re less than 3 weeks away from what I consider a safe bet, September 30th.
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Tags: First time home buyer, Short Sales, Tax Credit
Posted in Portland Real Estate, Real Estate Tips, Short Sales, Tips When Buying a Home | No Comments »
Friday, August 7th, 2009
Jim Gillespie has appeared on several shows talking about the market…. his most prominent topic of discussion is the push for a new credit for the upward home buyer, a credit for $15,000. Although I completely agree that we need an incentive to get home buyers to purchase their next stage home (a home in the next price bracket above the first time home buyer) I disagree that it should be a set $15k. I think the smartest incentive we can offer would be one based on a percentage of the home sale; this would encourage ALL home buyers in all levels of income a reason to “make a move” (pun intended).
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Tags: $15, 000, coldwell banker, First time home buyer, fox news, Gim Gillespie, Tax Credit
Posted in Portland Real Estate | No Comments »
Sunday, January 18th, 2009
It’s not necessarily new but it’s been modified and lenders are excited to put it to work! I believe it’s referred to as the “203K FHA rehab loan”. I’m still learning the details but it sounds like it’s tailored to help those buyers out there that are wanting to purchase homes that are in need of cosmetic repair. I believe the amount (more…)
Tags: construction loan, down payments, FHA, First time home buyer, fixers, Lending, loans, rehab loan
Posted in Home Improvement, Portland Real Estate, Tips When Buying a Home | No Comments »
Thursday, December 18th, 2008
We have several resources on our site for buyers but nothing really detailed about lending, credit issues, points etc until now. Obviously there are a lot of sites on the internet that provide this information however we find most of the information out there is either sporadic bits and pieces here and there or far too extensive and confusing or just a page with limited information and riddled with ads. So in an effort to provide a “one stop” mortgage and lending information page for our clients and website users we put together the following page: http://www.yourroadmaptohome.com/mortgage_lending_information.htm. (more…)
Tags: financing a home, First time home buyer, Lending, mortgage
Posted in Investment Information, Mortgage Rates, Real Estate Tips, Tips When Buying a Home | No Comments »
There’s a lot of confusion as to what exactly the Homebuyer tax credit means to the home buyer. Check out the link below but in a nutshell it means 
