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The Oregon Association of Realtors Reports the Following as of Today (07-01-2010): Congress Extends Closing Deadline for Homebuyer Tax Credit  After a close encounter with the deadline, the United States Senate passed an extension of the Homebuyer Tax Credit closing deadline last night. The … [Read more...]

SOLD! HOME FOR SALE – 550 NW Witham Drive, Corvallis, Oregon

SOLD! HOME FOR SALE -- 550 NW Witham Drive, Corvallis, Oregon Solid single level in great location just blocks from Oregon State University and with easy access to downtown Corvallis. Great floor plan with separate family room that opens out to backyard. Kitchen and dining area combo has large … [Read more...]

Money Matters

Money Matters Federal Housing Administration (FHA) is rolling out new guidelines soon (April) for their loan programs, increasing the up-front Mortgage Insurance Premium (MIP) to 2.25% (currently at 1.75%).  For every $10,000 in loan amount, this translates to a cost of $50.00 extra in closing … [Read more...]

Five things I’m looking forward to in 2010 | Changes that will Affect the Corvallis Real Estate Market

Five things I'm looking forward to in 2010 and Change in the Corvallis Real Estate Market As 2009 comes to a close, it will be nice to put a cap on it and move onto a better 2010.  I, for one, am looking forward to some positives in the economy and the Corvallis real estate market.  Recent economic … [Read more...]

How Would You Spend Your Tax Credit?

How Would You Spend Your Tax Credit? COLDWELL BANKER REAL ESTATE STUDY FINDS CONSUMERS’ ANTICIPATED ‘SMART SPENDING’ OF HOMEBUYER TAX CREDIT WILL AID ECONOMIC RECOVERY 83 Percent of Current Homeowners Surveyed Say They Would Spend Tax Credit on Repaying Existing Debts, Home Improvements, … [Read more...]

Expanded and Extended Tax Credit Information–From the Expert

Questions and Answers from the Expert about the Expanded and Extended Tax Credit Sellers and Buyers in and around the Corvallis and Albany, Oregon real estate markets can benefit from a clear understanding of the opportunities the Expanded/Extended Home Buyer Tax Credit provides. An excellent … [Read more...]

Coming Soon | 3 Bedrooms | 2.5 Baths | $257,000

I have a new listing coming on the market very shortly and just wanted to let everyone know about it before it gets here! Spacious and clean Philomath home with amazing views of Mary's Peak and the rest of the Coast Range.  Landscaped yard with underground automatic sprinklers and trickling … [Read more...]

Richard Smith Comments on Homebuyer Tax Credit Expansion/Extension

Richard Smith checks in with CNBC regarding the current condition of the real estate market, projections about the economy and mortgage interest rates, the condition of FHA (Federal Housing Administration). A very insightful and calm discussion about the anticipated response to the tax credit … [Read more...]

Home Buyer Tax Credit De-Mystified

The extended/expanded tax credit is getting a lot of press and a great deal of mis-information is being spread around.  Here's a Questions and Answer Session provided by the National Association of REALTORS® that may help provide some clarity.   NAR Frequently Asked Questions Homebuyer Tax Credit … [Read more...]

House of Representatives Approves Tax Credit | Bill Signed by President

Update:  Bill signed into law by President Obama this morning. 11/06/2009 Now, it's on to President Obama for signature in the next few days. Here's a chart of the differences between the existing tax credit and the revised (primarily there's provisions not just for First Time Homebuyers but … [Read more...]

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