Realtor/Coach/Trainer
Imagine my surprise when I walked in to my client’s Tigard house, with all rugs gone, and saw this. I had forgotten that some of the Brazilian Cherry wood, and I am sure others, changes with light. As my client talked about it I remembered that a client from a couple of years ago was […]
A San Antonio HOA is threatening to foreclose on 84 homes on April 7th. Many homeowners are upset with the HOA for not living up to their obligations. As is always the case, refusing to pay usually backfires on the the person trying to get a change or revenge. So what is the point of […]
Portland home values took a $23 Billion loss in 2008 according to Zillow. The government finally decided after going up and down that the home owner’s tax credit would be $8,000. I still don’t think it will boost any sales. The homebuilder’s won’t share in the tax break that small businesses will receive. Mortgage applications […]
Retail real estate may be the next to feel the economic pain. Wickes filed for bankruptcy while their Grand Opening banner was still up in Tanasbourne. Though it seems like the writing was on the wall, many were caught off guard and this chart shows that we have a considerable amount of shopping per capita. […]
I read most of this book yesterday. It’s catchy title worked and I picked it up from the library. It’s subtitle was the reason I finally cracked open the book, “If we let it happen.” The country is in the midst of huge economic problems. New York City is facing huge debts and has proposed […]
No. You shouldn’t wait. The house from the picture had two offers yesterday. On one of the worst days of this stom in Portland offers still came in. If you are waiting for Spring it is because you don’t think houses sell now. Talking to a friend who is using another Realtor, it happens, he […]
I have been slow to post and the posts that I have done are posts on The Blazers and other non real estate things. There has been almost no good news. Where I can easily post about the importance of demossing your roof or talk about not plugging all of the foundation vents because […]
I was talking to a friend recently about their home. It will be foreclosed on in a matter of days. I asked what their agent had down with the price and if they given all of the necessary documents to the agent. “What documents?” The agent they used had a longer established relationship and I […]
Citigroup will halt certain foreclosures and rework $20 Billion in loans. The bank plans to reach out to 500,000 homeowners in the next 6 months. They helped 270,000 since 2007. Foreclosures fell dramatically in October in comparison to the last few months. 7.5 million Americans owe more than the current market value of their home. […]
When Warren Buffet speaks, I pay attention. What the Bailout does for taxpayers. Lien on the Nines luxury hotel for about $6.5 million. The Pearl’s biggest developer gives his opinion on the Portland Market from his vantage point.
Oh my God! The price is so low! So low you you have to buy it now before someone else buys this home that has been marked down from the price it couldn’t sell at before!!!!!!!!!!!!!!!!!!!!!!!!!!!!!…! Doesn’t that just motivate you? No, probably not. There is only one reason to give notice of a price […]
September 30, 1999 from the New York Times, In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders. Bold is my emphasis, The action, which will begin as a pilot […]
Is it a Wall Street Bailout or a Main Street Bailout? News on Foreclosure Scams. $500+ Billion in Adjustable Rate Mortgages Reset in 2008. The Bank Crisis: A Timeline
When they were having the $50 million X PRIZE competition for space flight I wondered who owns the moon, who would have rights to build and if I can try to get the listing? Actually the commute would be a killer. According to this story, no one owns the moon. There is a an Outer […]
I was playing around with my new map based search engine and it just amazes me how many homes are for sale when seeing them in this light. We hear the numbers but this puts it into perspective. This particular search shows – 200 + homes for sale Average square feet is 1763 Average price […]
Before 80/20 loans became popular many buyers used a down payment assitance program (DPA). These were went hand-in-hand with government loans, FHA and VA, that required 3% down. The rules said that a seller couldn’t pay for the down payment like they can with closing costs. But inexplicably they approved the DPA’s where the seller […]
