Oregon Mortgage News

Relevant news and information about issues relating to Oregon and Southern Washington mortgages and real estate.

Starter Townhome in Beaverton OR

Starter Townhome in Beaverton OR

Close to Parks and Tualatin Hills Nature Park

2Bd/1.5 Bth for $145,000 RMLS # 10019384

15240 SW Jaylee Street, Beaverton OR 97007

 This Beaverton, Oregon Townhome qualifies for FHA Financing

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Check out more information and pictures of this house by
CLICKING HERE!

Beautiful 2 bedroom, 1.5 bath townhome close to a many community parks; including Tualatin Hills Nature Park. This Beaverton townhome is close to Farmington Rd and Murray Blvd. Pictures and words do not do this townhome justice.

This is a MUST SEE.

The Beaverton/Alhoa area is an excellent place for first time homebuyers. It has a beautiful, small town feel yet it's in the heart of Washington County. It's close enough to Portland to take advantage of all that Portland has to offer, but far enough away for home prices to be reasonable.

Listed by:

Jim Corbett
Windermere Cronin & Caplan Realty Group, Inc.

Contact Broker


This Beaverton Townhome qualifies for FHA and Conventional financing with as little as 5% down.
.

Find out if YOU qualify..

 

Get Pre-Approved today!!
OR
Local Clients Call: 503-421-0096 or 503-291-6550
Not in the Area? Call: 1-888-660-2842 and Ask for Larry

 

Use our FREE Search Engine to find your Oregon Home.

 

 

  • www.PDX-Mortgage.com 

 

Larry Morris is a Certified Mortgage Planning Specialist in Portland, Oregon. He specializes in USDA Guaranteed Rural Home Loans, FHA Purchase and Refinance, FHA 203k Rehab loans, FannieMae HomePath loans, Oregon VA Loans and conforming purchase and refinances in the states of Oregon, Washington and Idaho.

He can be reached at 503-421-0096.

www.PDX-Mortgage.com

 

 

HUD

3 commentsLarry Morris, Oregon Mortgages • March 30 2010 02:38PM

Newberg Oregon Starter Home _ 9064974

Newberg Oregon Starter Home

 

3 Bd/2 Bth for $217,500 RMLS # 9064974

3519 Burlington Drive, Newberg OR 97132

 

This Newberg, Oregon Home qualifies for 100% Financing!!

USDA Guaranteed Rural Home Loan Program 

Newberg Starter Home Todd McCabe Real Estate Group

Check out more pictures of this house by
CLICKING HERE!

Beautiful 3 bedroom, 2 bath home close to a community park and downtown. Pictures and words do not do this home justice.
This is a MUST SEE.

Newberg is an excellent town for first time homebuyers. It is a beautiful, small town at the entrance to Yamhill County's wine country. Home to George Fox University, it is not that far from Portland, Salem or the Oregon Coast. Close enough to Portland to tsake advantage of all Portland has to offer, but far enough away for home prices to be reasonable.

Listed by:

Todd and Leslie McCabe
John L Scott Real Estate

Contact Broker


Newberg First Time Home Buyers are able to purchase a home with:
100% Financing with NO monthly Mortgage Insurance
$0 Down Payment
Up to 6% Seller Concessions that can be applied towards your Closing Costs.
Simplified Appraisal Process

There are Income Qualifiers. You can't make to much or to little.

Find out if YOU qualify..

 

Get Pre-Approved today!!
OR
Local Clients Call: 503-421-0096
Not in the Area? Call: 1-888-660-2842 and Ask for Larry

 

View all of our FEATURED HOMES here!!

Use our FREE Search Engine to find your Oregon Home.

 

  • www.PDX-Mortgage.com

 

Larry Morris is a Certified Mortgage Planning Specialist in Portland, Oregon. He specializes in USDA Guaranteed Rural Home Loans, FHA Purchase and Refinance, FHA 203k Rehab loans, FannieMae HomePath loans, Oregon VA Loans and conforming purchase and refinances in the states of Oregon, Washington and Idaho.

He can be reached at 503-421-0096.

www.PDX-Mortgage.com

 

 

HUD

0 commentsLarry Morris, Oregon Mortgages • September 06 2009 01:59AM

Sherwood Oregon Home Values September 2009

Sherwood Oregon Real Estate Update

September 2009


www.SherwoodHomeLoans.comSherwood has been and continues to be a desirable place to live. 

In 2007 Money Magazine voted Sherwood as the18th Best Place to Live. " Like much of the Northwest, Sherwood is home to an array of beautiful parks and natural beauty. But the quickly growing commercial sites of Sherwood offer true insight into the town's character: a juxtaposition of old and new, with reverence toward both the city's historic past and its bright, expanding future. The community events calendar is always full and the town's location makes for a fairly easy commute to nearby Portland. A.B."

In August of 2009 Family Circle declared Sherwood as one of the Top 10 Best Cities for Families. The Sherwood Gazette wrote "The magazine stated that each of the towns honored contained forward-thinking leaders, parents, teachers and students who are passionate about their hometown, dedicated to bettering their children's futures and involved in advancing their local school systems as exemplified by the implementation of such programs as partnering with local government in providing recreational amenities, private medical groups to ensure treatment for students who don't have health insurance and integrating dual language classes in grade school."


Sherwood has seen some of the fastest growth in the state of Oregon, and most of it has been residential homes. People moved to Sherwood to live, not necessarily to work. With the economy tanking, many homes went into foreclosure and people moved out. This left us with a lot of stagnant properties that until recently, weren't moving.

But there seems to be some positive news according to Zillow. Below is a chart of their estimated home values from June of 2008 through May 2009. From what I have seen, we can expect even better numbers for June and July.

 
 
  Zillow Home Value Index
Type Current Month Over Month Quarter Over Quarter Year Over Year
All Homes $269,600 -0..37% -1.34% -12.89%
Single Fam $269,600 -0.29% -1.10% -11.92%
Condo $174,600 -0.29% -1.24% -12.24%
Two Bed $174,500 -1.10% -3.60% -19.44%
Three Bed $244,300 -0.50% -1.69% -13.34%
Many Bed $378,200 0.03% -0.28% -10.57%



It's interesting to note that the Sherwood, excluding the more expensive homes, saw an across the board decreaase in value this month. I don't place a lot of stock in it as our market is small enough that 1 or 2 sales can skew the numbers. Plus, what I am seeing is that the under $250,000 market is still hot. Look for an increase in next months values as sales close.

But the good news is that each of these segments has less deterioation Quarter Over Quarter. While we aren't positive this month, it still beats double digit depreciation!.

It appears that the worst is over in Sherwood!!

Buyers, you better get busy!! 100% financing is still available through the USDA Guaranteed Rural Home Loan program, as well as 3.5% down with the FHA. For more information on both of these programs cllick on the above links, or follow this link to an article on First Time Home Buyer Financing in Sherwood.

The $8000 Tax Credit is disappearing in a few months, so there is no better time than now to buy a home!! We are having an Oregon First Time Home Buyer Seminar soon, so ya better call!!

Whether you are a First Time Home Buyer, or moving up to your next home, call me to get started, or click here to fill out a short form and I'll call you right back..

 

I work with some of the BEST Realtors in Sherwood!!

 

 

Larry Morris is a Certified Mortgage Planning Specialist in Portland, Oregon. He specializes in USDA Guaranteed Rural Home Loans, FHA Purchase and Refinance, FHA 203k Rehab loans, FannieMae HomePath loans, Oregon VA Loans and conforming purchase and refinances in the states of Oregon, Washington and Idaho.

He can be reached at 503-421-0096.

www.PDX-Mortgage.com

 

 

HUD

2 commentsLarry Morris, Oregon Mortgages • August 29 2009 02:54PM

Tualatin Valley View Property

Tualatin Valley View PropertyNestled in the hills above Newberg, with a spectacular view of the Tualatin Valley and Mt St Helens, this stunning  home is waiting for you.  Oregon has some spectacular views and properties, and this Tualatin Valley View Property ranks up there with the best.

 

 

 

 

Tualatin Valley View Property

 

This 3083 sq. ft. day light Ranch has 4 bedrooms and 3 baths, a gorgeous sunroom with a HotTub, a Redwood Sauna, a beautiful stone fireplace and spectacular views from most of the rooms.  This Tualatin Valley View Property is fully landscaped with low maintenance and a 1/2 mile walking trail through the beautiful grounds. It also has a 30x48 ft Barn.

 

 

 

Tualatin Valley View Property

 

When the weather is grey and raining, enjoy the view and lifestyle from the fully enclosed sunroom. When it’s nice out, you get the same living experience from a beautiful deck. Either way, the view from this Tualatin Valley View Property is stunning.

 

 

 

Tualatin Valley View Property

 

 

Close to Newberg, Hillsboro and Portland, this property is a great commute to your job and to PDX or Hillsboro airports. Nestled within the famed wineries of Yamhill and Washington counties, this Tualatin Valley view property is near the arts and culture of Portland, entertainment at Spirit Mountain and Chinook Winds Casinos  and the Oregon Coast.

 

 

 

Live in your own personal resort in this Tualatin Valley View Property!!

This isn’t just a home, it’s a lifestyle!!

 

Tualatin Valley View Property


19180 NE Jaquith Rd, Newberg OR
$650,000

RMLS Listing # 9033992

Call today to start your new life in this spectacular Tualatin Valley View Home.

Rick Talbott  - 503-348-9625

Rick Talbott

 

McCabe Group

 

 

Payment Options for this Tualatin Valley View Property

Rate Down
Payment

Principle & Interest
Payment

Est Taxes and Ins. APR Cash to Close
5.5% 25% $2768 $372 5.642% $172,000
5.625% 20% $2993 $372 5.765% $140,000
5.75% 10% $3414 $372 5.885% $75,500

Financing available through Larry Morris with

American Nationwide Mortgage Company
307 E 2nd Street, Suite 230
Newberg, OR 97132
503-421-0096
lmorris@americannationwide.com
www.PDX-Mortgage.com


Click to get Pre-Qualified

 

HUD

Larry Morris is a Certified Mortgage Planning Specialist in Portland, Oregon. He specializes in USDA Guaranteed Rural Home Loans, FHA Purchase and Refinance, FHA 203k Rehab loans, FannieMae HomePath loans, Oregon VA Loans and conforming purchase and refinances in the states of Oregon, Washington and Idaho.

He can be reached at 503-421-0096.

www.PDX-Mortgage.com

 

 

HUD

4 commentsLarry Morris, Oregon Mortgages • August 14 2009 10:27PM

Sherwood Oregon Home Value Update - August 2009

Sherwood Oregon Home Value Update

August 2009


Sherwood has been and continues to be a desirable place to live. It has seen some of the fastest growth in the state of Oregon, and most of it has been residential homes. People moved to Sherwood to live, not necessarily to work. With the economy tanking, many homes went into foreclosure and people moved out. This left us with a lot of stagnant properties that until recently, weren't moving.

But there seems to be some positive news according to Zillow.com. Below is a chart of their estimated Sherwood Oregon home values from June of 2008 through May 2009. From what I have seen, we can expect even better numbers for June and July.

 
 
  Zillow Home Value Index           Sherwood Oregon
Type Current Month Over Month Quarter Over Quarter Year Over Year
All Homes $264,600 0.30% 0.14% -13.75%
Single Fam $272,400 0.43% 0.37% -12.71%
Condo $176,700 0.93% 0.86% -13.04%
Two Bed $178,000 0.12% -1.39% -18.69%
Three Bed $247,300 0.05% -0.36% -13.99%
Many Bed $380,100 0.61% 0.74% -11.21%



It's interesting to note that the hottest markets in Sherwood are the condo and the 4+ bedroom market. The condo market doesn't surprise me, but the 4+ does. I guess this just shows that those with money are able to take advantage of market opportunities. The market that is still seeing the slowest growth is the 3 bedroom home. These are often just out of price of First Time Home Buyers. This segment also seemed to have been hit especially hard by foreclosures and short sales..

But the good news is that each of these segments has seen positive month over month growth.

A question though is if a recent rise in Foreclosures filed will affect these values.

Buyers, you better get busy!! 100% financing is still available through the USDA Guaranteed Rural Home Loan program, as well as 3.5% down with the FHA. For more information on both of these programs click on the above links.

The $8000 Tax Credit is disappearing in a few months, so there is no better time than now to buy a home!!

Whether you are a First Time Home Buyer, or moving up to your next home, call me to get started, or click here to fill out a short form and I'll call you right back..

I work with some of the best Sherwood Realtors.

Larry Morris is a Certified Mortgage Planning Specialist in Portland, Oregon. He specializes in USDA Guaranteed Rural Home Loans, FHA Purchase and Refinance, FHA 203k Rehab loans, FannieMae HomePath loans, Oregon VA Loans and conforming purchase and refinances in the states of Oregon, Washington and Idaho.

He can be reached at 503-421-0096.

www.PDX-Mortgage.com

 

 

HUD

0 commentsLarry Morris, Oregon Mortgages • August 04 2009 01:15AM

Forest Grove First Time HomeBuyer and the USDA 100% Financing

 Forest Grove First Time HomeBuyer

The USDA has loosened their guidelines recently to allow Forest Grove to qualify under the USDA Guaranteed Rural Home Loan program


This Home now qualifies for 100% Financing!!
 
Remodelled 1910 Farm House
in Forest Grove, Oregon

2503 A St, Forest Grove, OR 97116 

 

current image

Check out more pictures of this house by

CLICKING HERE!

Beautiful 3 bedroom, 2 bath home close to Pacific University, downtown, quaint shops and parks. Pictures and words do not do this home justuce.
This is a MUST SEE.

Forest Grove is a beautiful, small town at the base of the Oregon Coast Range. It is not that far from Portland or the Oregon Coast.

 Listed by:

Todd and Leslie McCabe
John L Scott Real Estate 

Contact Broker 


Forest Grove First Time Home Buyers are now able to purchase a home with:
100% Financing with NO monthly Mortgage Insurance
$0 Down Payment
Up to 6% Seller Concessions that can be applied towards your Closing Costs.
Simplified Appraisal Process

There are Income Qualifiers. You can't make to much or to little.

Find out if YOU qualify.. 


Oregon Mortgage Rate Quote

Get Pre-Approved today!!
OR
Local Clients Call: 503-421-0096
Not in the Area? Call: 1-888-660-2842 and Ask for Larry

 

View all of our FEATURED HOMES here!!

 Use our FREE Search Engine to find your Oregon Home.

 

 

 

 

Larry Morris is a Certified Mortgage Planning Specialist in Portland, Oregon. He specializes in USDA Guaranteed Rural Home Loans, FHA Purchase and Refinance, FHA 203k Rehab loans, FannieMae HomePath loans, Oregon VA Loans and conforming purchase and refinances in the states of Oregon, Washington and Idaho.

He can be reached at 503-421-0096.

www.PDX-Mortgage.com

 

 

HUD

2 commentsLarry Morris, Oregon Mortgages • August 01 2009 04:31PM