Are you interested in knowing what to expect from the Homeowner Affordability and Stability Plan? These are links to Treasury's:
1. Homeowner Affordability and Stability Plan Q&A's. (http://www.treas.gov/initiatives/eesa/homeowner-affordability-plan/ConsumerQA.pdf) and
2. Homeowner Affordability and Stability Plan Executive Summary (http://www.treas.gov/initiatives/eesa/homeowner-affordability-plan/ExecutiveSummary.pdf)
As information, we continue to receive a lot of inquiries regarding fees being charged for loan modifications. Both Treasury and HUD continue to caution us concerning this. (Please see item 9 in the Q&A's.)
And the numbers ... I love the numbers ... The average sale price in Greater Portland Metro Area is $303K - a 13% decrease in the average sale price compared with the end of January 2008. There was also a 32.5% decrease in the number of closed sales. And, even though the number of new listings decreased by 15%, at the current rate of sales it will take aprx 19.2 months to sell the home presently listed. Buyers market
Please contact me if you, or anyone you know, have any questions and/or concerns about real estate. I can help.
Please feel welcome to write to me at Broker@Fairstone.com and to phone me at (503) 697-3807 at your convenience. I'm here to help you meet all your real estate goals.
I appreciate your business.
THANK YOU!
Victoria
ZIP Code: Many Location Characteristics: Beautiful Portland is known as the "City of Roses" and is considered unsurpassed for its livability making it one of the best places to live in America. Portland offers churches, arts, museums, parks, trails, golfing, spectator sports, restaurants, walking tours, colleges and universities, the world's largest bookstore, and the aprx 130 acre Washington Park with the International Rose Test Garden.
Portland, the Rose City, is aprx 70 miles from the Pacific and is situated between the Columbia and Willamette Rivers. It offers an award winning mass transit system, and excellent and varied nightlife, and is aprx an hour from Willamette valley wineries, aprx one and one-half hours from skiing in the Cascades, and aprx two hours from the magnificent ocean beaches.
About Victoria Rudzek, P.C.:
Residential Sales is my specialty. My background and experience provide you the highest level of complete and proven management of all your real estate transactions. I maintain a comprehensive knowledge of real estate and contract laws and rules; I continually study homes, prices, marketing, and negotiation; and I uphold a thorough understanding of current market conditions and market trends as well as financing requirements and costs. My staff consists of only licensed, experienced professionals providing you expertise in all aspects of real estate. Additionally, if you or someone you know is facing foreclosure, or has simply become unable to make a payment, please let me help. Please feel welcome to contact me directly at 503-697-3807 at your convenience. I’m looking forward to visiting with you. All my services are guaranteed.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.