Starter Homes in Short Supply

“America is experiencing a housing shortage. Not only are there fewer homes available to buyers of all income levels, those just starting out or making their first foray into home ownership are worse off than they’ve been in years. There are fewer homes available, and even if they can find a home, it’s likely to … Continued

Oregon’s Home Rescue Program

Are you behind on your mortgage payments? Facing foreclosure?  The Oregon Homeownership Stabilization Initiative (OHSI) has a program that could help you stay in your home.  The Home Rescue Program is intended to help homeowners who are struggling to keep up with their mortgage payments, or who have already fallen behind.  The program can provide … Continued

Looking to Downsize?

The Oregon Legislature is considering two bills intended to make it easier to build tiny houses legally.  Advocates across the state see tiny houses– or as they are officially known: accessory dwelling units—as one way to address homelessness and occupancy rates that are so high some cities, like Portland, have declared “housing emergencies”. The tiny … Continued

What you need before calling the bank

What You Need when Calling Bank

Requesting a HARP Modified Mortgage? You better have your documents all ready to send in!  You must send them all in at one time. If  you trickle your documents in, a little at a time, the big banks & mortgage companies will shred your mail.  This is blog 4 in a series. To find out … Continued

Foreclosure Clock Starts Ticking

Homeowner Starts Foreclosure Clock

Does HARP Request Starts Foreclosure Clock? Note: This blog is the 3rd in a series about what happens when the homeowner calls the bank’s customer service center requesting a modified mortgage after the homeowner has missed a payment. In my last blog I was so bold to say that when the homeowner calls the big … Continued

HARP.gov music - Don't be fooled

Have You Heard the HARP Music?

Follow @gratefulnuts   Have you heard the HARP Music? HARP music is the sound you hear when you hear on the other end of the phone when you call your lender and ask for a mortgage modification. The HARP – it is supposed to mean Homeowners’ Affordable Refinance Program, which is pushed by the federal government, … Continued

Does the lender really want your house?!

Does the Lender Really Want Your House? First, pretend, put the shoe on the other foot, so to speak. Pretend that you were to loan your cousin’s kid money to buy a car, and the kid made payments on schedule for the first 7 months.  Then he quit making payments for the next 4 months. He started … Continued