MARIA's Blog

I just got a link to an article here from my great mortgage broker and really enjoyed the articles about shadow inventory, the increasing distressed sales, rent increases, etc. One of the other items addressed here in other articles is about the mortgage broker compensation changes which are awf...

If you scroll to about the 13 minute mark, you come to the interview with prominent economist, Joseph Stiglitz.  He talks a bit about the mortgage deduction, cutbacks in social programs, tax breaks for the upper income levels, etc.  My hope is that NAR and members  will think about some of these ...

Today was a good day.  I finally got short sale approval on the sale of a beautiful vacant lot.  This was a BofA Loan being serviced by Greentree.  One thing I noticed is that BofA does not respond as quickly through servicers as they do with Equator.  We were also very fortunate in that they did...

Here is a link for locals about Bend being a good place to retire per KTVZ - our local news station.  Publicity like this is good for our market. The source is a magazine called "Where to Retire"  I really like it here for many of the reasons cited in this article.  Have a nice day. http://www.kt...

  Follow up on foreclosure recissions and probes - looks like it will be a lot longer this time for the turn around and that we will have a lot more distressed sales.    Caught this article in RIS Media today and have posted the link below.  I particularly was interested in the settlement amounts...

Wow, just checked the recontrust.com website for foreclosures in Deschutes County and there are none!  Just a few weeks ago there were at least 500.  Wondering if banks are actually trying to manipulate sales by lowering foreclosure inventory in this move?  I wouldn't put it beyond them as they h...

Well, the story I wrote a few days ago finally hit our local news station, but no answers.  They talked about issues with MERS and said BofA stated this is part of a review process they initiated last October.  Here is the link to the story on the local NBC station: http://www.ktvz.com/news/27113...

I had a client ask me how a short sale affects credit, so I googled and found severa sites.  This was the first one and thought it was good article: http://homebuying.about.com/od/4closureshortsales/qt/060907SScredit.htm It is confusing figuring out what to do when sometimes banks say you have to...

I went to class this week that was put on by Western Title with guest speakers from a local law firm.  Something very basic, but what I did not think about before it was discussed at the class.  The discussion to which I am referring was about differentiating between the Trust Deed and the Note o...

1155 NE 10th st BEND, OR Mid town charmer 3BR/2BA Single Family House $189,900 Year Built 1956 Sq Footage 1,211 Bedrooms 3 Bathrooms 2 full, 0 partial Floors 1 Parking 1 Car garage Lot Size 8,276 sqft HOA/Maint $0 per month DescriptionNicely updated turn-key home located on a large corner lot in...