FHA Loans Oregon » Foreclosures

Alpine House to Home rehab program: buy a home for less than renting

Fred Chamberlin — Wed, 26 Jan 2011 19:51:56 +0000

Are you paying $600 - $900 a month for rent of a 650 square foot apartment? How would you like to buy a home in the Eugene/Springfield area nearly three times the size for only $920 a month?

Alpine House to Home rehab program: buy a home for less than renting is a post from: FHA Loans Oregon

FHA 203k Streamline Is The Answer

Fred Chamberlin — Mon, 01 Feb 2010 22:28:58 +0000

This question was posted on our website recently. It is a complicated question with a very simple answer. If you want to purchase a home that needs some repairs and would like to include the repairs in your loan, the way to do it is with an FHA 203k Streamline. This loan works no matter where you are and is one of the easiest ways to get your home in tip top shape once you purchase it. The Eugene/Springfield, Lane County Oregon area has some prime properties that this is an exceptional way to advance. Here is the question: Read More

HUD’s Anti-Flipping Rules Change Feb. 1

Fred Chamberlin — Mon, 18 Jan 2010 20:33:20 +0000

HUD announced Friday that the rules on flipping homes will be changing Feb. 1. This could have a huge effect on the Eugene/Springfield, Lane County Oregon market. This is being done in an effort to stabilize home values and improve conditions in communities where foreclosure activity is high according to HUD Secretary Shaun Donovan. I see this as being a boon to our are in getting rid of more of the foreclosures that have been plaguing our market. Under current rules, foreclosures that were still owned by the banks that purchased them could be bought with an FHA loan but any that were purchased from the bank had to be owned for 90 days before an offer could be made on them for an FHA loan.

HUD’s Anti-Flipping Rules Change Feb. 1 is a post from: FHA Loans Oregon