Monthly Archives: August 2011

37% of Delinquent Borrowers Are 2 Years Behind in Payments (Or More!)

A CNN Money article posted online today states that of the roughly 2.2 million delinquent home loans,  34% of borrowers have not made a payment in 12 to 23 months while another 37% of the borrowers have not made a payment in 2 years or more. This means that nearly 3/4 of the borrowers in […]

Notices of Default Continue To Drop

Notices of Default (NOD) in Central Oregon dropped for the third straight month in July, down to 146, which is the lowest number since August 2008. NOD are down 54% compared to July 2010. In the fall of 2010, lenders halted foreclosure proceedings while they evaluated the robo-signing issue, among others. As a result, in […]

Getting married? Register for down payment funds!

If you’re getting married and plan to buy a home, please continue reading. Rather than registering at Macy’s or Pottery Barn, you might want to consider the FHA Bridal Registry. This program allows couples to register with a lender, then funds may be deposited by friends and relatives directly into the Bridal Registry Account, or […]

Bend’s Best Buys – $139,900 in Old Mill District

This darling house was updated recently with new flooring, paint, windows, and kitchen.  It’s located on the west side of Bend close to the Old Mill District, several parks, and the river. The lot is huge – about 0.3 acre (13,504 SF). The home is 1048 sq. ft. with 3 bedrooms/1 bath. The address is […]