Are You Ready to Lose Your Current or Future Property Mortgage Interest Deduction?

June13
"Ya'll Ready for This" - Space Jam Theme ok, there have been rumblings for awhile about Congress attempting a major over-haul of our mortgage interest deduction (MID)!!  I would take this under heavy consideration, as it would impact us all whether we work in the industry, buy or sell real estate or simply partake in the overall economy!!  It would affect homeowners present and future and even though you don't currently own a home, your situation could change in the future.  One proposal floating around Congress is to replace the mortgage interest deduction with a 12% nonrefundable mor… Read More

Why Buying a Home May Be More Advantageous than Renting!!

June11
"It's Time" - Imagine Dragons If the market continues to recover at the current rate and inventory remains even as close to the recent lows we've endured, we will experience a hefty appreciation in local Portland Metro property values this year!!!  We are already seeing it happen!!  Now this is good, if you are considering a sale or just appreciate the positive boost that real estate is giving our local economy (and state of mind)!!  But, if you are considering a purchase, you could get priced out of the market very quickly.  No need to panic, but I would simply get your "ducks in a r… Read More

Benefits of Rental Properties

June6
"Friends Without Benefits" - The Continuals Reposted from the "Rich Dad Education Real Estate Blog" (originally posted 05.22.13) Rental Property Benefits One of the greatest advantages to owning investment real estate is the potential for passive income that does not need to be earned. This is one of the many reasons that investors are attracted to rental properties. However, the benefits of rental properties go much further than just the rental income. This article will focus on the other benefits associated with rental properties and a few rules that will help you get the most from… Read More

How to Block Spam Text Messages!

May28
Linda Welby - Texting Song (It Wasn't Meant for ME) reprinted from the First American Title, firstamtech.com blog: Most individuals who have a wireless cell phone plan receive spam text messages at some point. Spam texts are annoying and can lead to the problem of going over your monthly text message amount if the problem is persistent. Usually, the only way to stop the issue is to go through your wireless carrier. Unfortunately, not all carriers have the ability to stop spam text from coming through, but there are ways you can take measures to block it yourself on your iPhone. Nati… Read More

Times A-Wasting! FHA Mortgage Insurance Changes on June 3rd, 2013!!!

May23
"Times A Wasting" from the movie "Walk the Line" FHA (Federal Housing Administration) mortgage loans have been around since 1934.  It was established after the "Great Depression" to increase home production and lower unemployment!  The FHA-insured loans are often a boon for first-time buyers as they allow more lenient credit ratios and you can get a mortgage with as little as a 3.5% down-payment!!!  FHA doesn't actually loan money but, rather, insures the mortgage lender.  Like most mortgage programs, they require MIP (a mortgage insurance premium) if you put less than a 20% down-paym… Read More
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