portland real estate

Cars and Homes

Of course now blue Mazda 3 Hatchbacks will pop up everywhere but for two months there were none around Portland for a reasonable price. She gave a local dealer a chance but he was $4000 higher and seemed to barely hold in a laugh when she said what she would pay.  Allison wanted this color […]

Sold

One of my listings closed today. My client decided to put this on the sign in place of a Sale Pending sticker. She sent me the photo a couple of days ago but I didn’t want to post it until it was truly Sold. Not that I am superstitious but why tempt fate? I know […]

Map Based Home Search

Map Search of The RMLS   Serious buyers have an agent using the RMLS to email them the newest listings on a daily basis. Then they check about four different sites making sure nothing is missed. I think many enjoy the hunt of it all. Even when I was at the larger companies, where directional […]

Don’t Walk Away From Your Home

According to Huliq.com, Borrowers facing foreclosure will be unable to obtain loan for up to five years through the mortgage giant, unless there is “documented extenuating circumstances” in which those borrowers would have to wait up to 3 years for a new mortgage, according to a release by Fannie Mae. At first this sounds like […]

Ms. Bank – The Finale

“In like a Lion, out like a lamb.” Lisa from Transnation Title was kind enough to fit My Client’s schedule and we signed this morning at 6:30 so My Client could be to work at 7:30. Because of another blunder by Ms. Bank we missed closing or even signing yesterday which caused fits of frustration […]

Six Evictions A Week

The Sheriff is the one to evict people when a foreclosure has been completed. I don’t think they imagine this is part of their job but still they have to do. And this guy has to do it almost every day right now.

Seller Disconnect

On the left are homes Active in a certain area with 2 schools being a common denominator. On the right are Pending, first section, and Sold Listings for the last 6 months, second section, with the same criteria. You see that the Pending homes follow the sold line as far as price range but the […]

Why I Don’t Name The Bank

I have had a few questions and an interesting call because of my posts about Ms. Bank. I won’t name the bank because I can’t damn everyone for the faults of one or a few. Every agent at a large real estate company has heard someone say I will never work with THAT company because […]

And It Goes On

The saga continues but I shaved the scruff, that some would generously call a beard, in hopes it be a good omen.  Alas it wasn’t.  And the Ms. Bank who says she has a degree in Communications-Management hasn’t communicated or managed much of anything. I sent her an email asking if there was an update.  […]

Frustration About A Bank

I have a sale that was supposed to close on Tuesday. This is the first loan in years that has been late due to the lender that I can remember. Before the last few years I routinely told my clients to expect their loan to be a day or two late, it just happened. I […]

Live For Free And Tell Your Mortgage Company To Leave You Alone

Since late 2006, 241 banks have either shut down or been absorbed by another bank. When some of these banks shut down it was the same day they ran out of money to fund loans. For whatever reason, maybe an investor backed out or something, but there were many times there was no warning. It […]

So What Does Move Interest Rates If The Fed Doesn’t?

Here are some important snippets from a main article that will break it down for you. “Rates on longer-term loans, such as the 15-year and 30-year fixed mortgages, are driven by 1-year, 5-year, and 10-year Treasury Note yields. These are auctioned on the open market, and the yields respond to market demand. If there is […]

Prime Rate Drops

Today the Federal Reserve dropped the Federal Fund Rate by .75. This drop will affect Prime Rate by that amount as well. I read an article earlier this morning about how the drop (which he says should be 1.25%) will not help the consumer which made sense as banks are tighter with their loans guidelines. […]

Real Estate Coaching With Mike Rohrig

Real Estate Coaching with Mike Rohrig Thanks for dropping by. You might already know me through my Roaring Agents Podcast or the site ROARingAgents.com. These are two free resources I offer to help agents. But sometimes, people need a little more hands-on help. Maybe that is what you need. Why might I be able to […]

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