Fannie Mae has created a new term to refer to owners who fail to pay their home loan when – in Fannie’s opinion – they can “afford” to do so. They call these events “strategic defaults” and promise retribution. But what Fannie calls “strategic” is really just a distressed owner’s prudent business decision about what’s best for his/her family.
We are experiencing a buyers’ market in residential housing today. In other words, the number of available homes far exceeds the number of available buyers. Selling a home today is more than just planting a sign in the yard. It requires a knowledge of the current statistics, a marketing plan, and a skill to keep the closing on track. In short, it takes a good Realtor to successfully sell a home today. But there are thousands of Realtors in Oregon. How does a homeowner find the right one for them?
Why would an Oregon attorney nearing retirement, choose to leave his comfortable firm, open a solo real estate practice, and start a website and blog? Well, they say sharks have to keep moving to stay alive….