Eugene Loan Guy

Archive for the ‘Eugene Oregon’ Category

The Home Buyer Tax Credit expires midnight Friday! Read More

The home buyer tax credit will expire on new accepted offers in the Eugene and Springfield area after Friday! There has been a huge surge in home sales leading up to this expiration. New home sales were up 26% nationwide last month and existing home sales were also up significantly. Read More

Mary Bennett of Bennett and Dean Real Estate and I have been friends for a few years now and I really have been impressed on how she works for her clients. By the time the purchase program is done with Mary, she has become friends and her clients come back to her years later when they need to move up or out. Read More

Foreclosures are a problem in the Eugene/Springfield market because they are bringing the value of other homes down when they sell for less than market value. They are a problem for the neighborhoods because they are often left to deteriorate during the foreclosure process and sometimes left vacant for days or weeks or months. Now, I have encountered a new problem having to do with buying one….getting them closed. Read More

Authorization for the National Flood Insurance Program expired three days ago according the Federal Emergency Management Agency (FEMA).  Without authorization, flood insurance policies cannot be written. Without Flood Insurance policies, loans cannot be funded, if the property is in a flood zone….and it is raining. Read More

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