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.
After the few short months since starting my solo real estate practice, I have met with dozens of folks experiencing the trauma of dealing with
HIVE Houston will not be your ordinary live/work artists’ colony. But if it is ever completed, it will certainly look like a colony – for
(What follows is a hypothetical scenario. It is based upon at least 50 recent interviews with clients involved in distressed housing transactions as well as
Woodstove & Fireplace Insert Certification Law As of August 1, 2010, Oregon law requires all sellers of “residential structures” to remove and destroy uncertified woodstoves
After reading news articles and talking with Realtors and distressed borrowers, it has become more and more apparent that the federal government’s HAMP modification program
Trying to select which distressed housing option you should pursue? Surprisingly, under certain circumstances, permitting the bank to foreclose may be the best option.
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….
The National Association of Realtors has published some excellent summaries and charts for local markets. Their Oregon research covers Portland, Salem, and Eugene.
