RECENT BLOG POSTS
I don't understand why banks would be opposed to having bankrutcy judges modify loan terms. I think of it this way; if there are 8 million families facing foreclosure and loans are modified to market value so people stay in their homes, wouldn't that significantly help our economy? It has been...
05/03/2009
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http://www.salon.com/opinion/greenwald/2009/04/30/ownership/index.html Please click on the attached article from one of my favorite columnists. I was particularly interested in the part about the banks being opposed to allowing bankruptcy judges to modify loan terms and help people keep their ho...
04/30/2009
I was hoping that banks had improved their attitudes and would start working with homeowners to keep them in their homes, but it doesn't seem to me like much has changed. I still feel like either they or the loan servicers are more eager to foreclosure which only contributes to the problems in t...
04/21/2009
Maria Peace | Taft Dire, LLC, Bend , Oregon | 541-350-2314 2437 SW Fissure Loop N, Redmond, OR Redmond single level home 3BR/2BA Single Family House offered at $169,900 Year Built 1988 Sq Footage 1,471 Bedrooms 3 Bathrooms 2 full, 0 partial Floors 1 Parking 2 Car garage Lot Size .172 acr...
04/21/2009
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I moved to Oregon 24 years ago from Los Angeles. I moved to Corvallis, then moved to Central Oregon in 2000. If you are moving from California, I can tell you all the pros and cons of relocating here and will be very honest and helpful. Please feel free to call on me with questions about reloc...
04/16/2009
Thanks everyone for your comments. I decided to write my Senator explaining my story and what I am observing, as well as the thoughts about creating a new order and rescuing homeowners instead of throwing money at the old order (banks) whose demise is inevitable. The more I think about it, the ...
04/16/2009
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Yeah, the more I think about it, the better it sounds. And for proof of income, letters from landlords and copies of bank statements and the usual. A lot of people are renting their homes to these people because they can't sell, so this would free up the existing owners as well who may need to ...
04/14/2009
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I was just thinking about a search I ran of homes under $150k and had a thought: There are many people out there who have lost their homes and are paying much more in rent than that what these mortgage payments would be on homes under $150k. If they are sitting around and 30% of our current mar...
04/14/2009
Today I ran a search of stick built homes priced $150k or less in zip code 97701 and there were 43 listings! I remember looking hard to find one or two listings under $250k not so long ago. I wish I had money to buy a few houses now. At $150k, they would pencil as rentals. MLS statistics for...
04/14/2009
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This is pretty cool with links to short sales and foreclosures as well. It gives you info on financing and the different types of loans, what to expect and watch out for in short sales and foreclosures. It is good, useful information for these times. It also has useful links to other informati...
04/08/2009