FHA Loans Oregon

Archive for the ‘First Time Home Buyer’ Category

This is the second in a six part series covering FAQs, Frequently Asked Questions, hopefully to help the FTHB, First Time Home Buyer, make an informed decision about buying a home and why it may be time to buy a home in the Eugene Springfield Oregon area? Read More

The government has always be the major source of acronyms in use in the country so I thought I would take advantage of several of them all at once. HUD is Housing and Urban Development, the parent agency of FHA (Federal Housing Administration). FAQs are Frequently Asked Questions and FTHB is First Time Home Buyer. Now that you know the terms, would you like to know why you, as a FTHB, should buy a home in the Eugene Springfield Oregon area? This is the first part of a six part series. Read More

An excellent path to a super deal on a home in Portland is the FHA Good Neighbor Next Door (GNND) purchase program for law enforcement, teachers and emergency personnel. The GNND program allows these buyers to get a home at half price if they live in it for at least three years as their principal residence. Right now there are four such properties on the website in Portland, including this one: Read More

How long does it take from start to finish in the Eugene/Springfield Oregon area? This is an important question with the time running out on the First Time Home Buyer Tax Credit. The FTHB Tax Credit is available on purchases entered into by April 30 and closed by June 30. Read More

Two listings of Eugene homes for sale by the Department of Housing and Urban Development (HUD) are reporting a price reduction today, possibly making them an even bigger deal. These homes, called HUD Homes on are listed the HUD website. These two properties are first offered to people in the Eugene/Springfield, Lane County Oregon area that are going to use them for their primary residence. If there is not enough interest, then they will be offered to anyone. Read More