Tag Archives for Buying a Home

In the spirit of motivating buyers to submit offers, I thought it might be helpful to share what exactly goes into an offer…so that you can make an offer…today…because time is running out! (I hope I’m making myself clear). Your Realtor® will help you understand the terms and conditions of the sale and plan a […]

Yesterday morning mortgage broker Venessa Ward of Pacific Residential Mortgage spoke to the Bella Casa Real Estate brokerage. She covered a lot of valuable information and I wanted to share some of the key points we learned from Venessa. Venessa provided this FHA loan scenario to illustrate how waiting to purchase will hit your pocketbook […]

These questions will help you decide whether you’re ready for a home that’s larger or in a more desirable location. If you answer yes to most of the questions, it’s a sign that you may be ready to move. Somewhere like Berlin might whet your appetite. If so, check out JLL Residential Development Germany. 1. […]

Most people buy when everyone else is buying and they may pay too much. People often sell when everyone is trying to sell and they probably lose too much. There has never been a better time to reform your ways!!!

By Randy McCreith, Principal Broker Bella Casa Real Estate Group It has become increasingly common for buyers to call the listing agent and ask to see the property. If the property is right, then the listing agent is asked to write the offer. Is this legal? Is it wise?

In a recent Forbes magazine study, Portland was named one of the top 10 cities in the nation where it is smarter to buy than rent. Market conditions are such that now is a particularly good time for some renters to become homeowners. To rank the cities, Forbes computed the premium to buy—the spread between what […]

Contributed by Travis Newton, Mortgage Banker with Todays Mortgage Group Waiting a few extra days or weeks to purchase a home this spring could cost buyers thousands of extra dollars as the office of Housing and Urban Development (HUD) implements several changes for loans guaranteed by the Federal Housing Authority (FHA).

Are you looking to buy a new home? Have you had the time to check out these tiny houses for sale? Are you thinking that now’s a great time to find bargains? Before you make an offer, it pays to know a little about the seller’s situation. If a home is being sold for below […]

HUD is taking action to speed resale of foreclosed properties to new owners in an effort to help bring stability to home values and accelerate the sale of vacant properties. The policy change will permit buyers to use FHA-insured financing to purchase HUD-owned properties, bank-owned properties, or properties resold through private sales. This will allow […]

The Federal Housing Administration announced several changes to FHA insured loans this week. 1)  The upfront mortgage insurance premium will increase from 1.75% to 2.25%. For example: On a a $200,000 mortgage, a 1.75% mortgage insurance premium added $3,500 to the FHA loan, bringing the total loan amount to $203,500 that a borrower was required […]