Posts Tagged ‘real estate’

Why is there such a difference between what my appraised value is and the price similar homes are selling for on my street?

It’s a great question, and you don’t have to be a mortgage professional or a real estate agent to understand the answer. Read More

It’s obviously easier to picture the process of estimating value on an existing property in a neighborhood that has a history of home sales, but the task of determining the value on new construction projects does pose some challenges. Read More

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

The next step in buying a foreclosure is finding the right Realtor®. Sounds simple, but many first time home buyers make a mistake and just take the first person that they run across, in some cases that may be the best choice, but in others, it may be the worst choice. Just because your cousin’s roommate’s brother supplements his McDonald’s income by “selling” real estate on the weekends doesn’t make him a professional that you need to help travel the world of foreclosed properties. This is a fairly specialized market and you really need experience on your side in the search.
Read More