Chinese Drywall Potentially Causing Problems…

Apparently in Lee County Florida, they are starting to investigate Chinese Drywall as causing failure of air conditioning systems and potential health problems.  I have no idea if this problem exists out here in Oregon, but for folks with newer construction homes, watch for air conditioning problems and a quick call to the builder may…

Short Sale Scam-Beware

Thesa Chambers, a Central Oregon real estate agent, wrote on her blog today about a scam that is happening out there. In her post she wrote…  Today, I discovered that there is a group of people posing as asset managers and stripping homes in Central Oregon listed as short sales.  They are removing everything they…

Surprised…Really??

Sometimes I am surprised that people are surprised. According to a December 8th article by Market Watch, a high number of modifed mortgages are re-defaulting.  They were surprised??  Really?? According to the OCC statistics, which looked at loans modified in the first quarter and second quarter of 2008, 36% of borrowers had re-defaulted by being…

Rising in the rankings…

It’s been no big secret that many people don’t feel too fondly for their real estate agents. Gallup does a survey every year about professionals, integrity, respect…you get the idea.  Essentially, what professions are the most respected and what are the least.  They released their annual study at the end of November. Agents are not…

I’m naming names…

Any real estate agent that has worked with a buyer doing a VA (Veteran’s Administration) loan can tell you that they are not always the smoothest of transactions. I won’t go into details… Oregon is fortunate that we have the ODVA loan program. The Oregon Department of Veteran’s Affairs has an amazing loan program for…