Finding out there are errors on your credit report can be stressful, especially if you’re applying for a mortgage. It’s better to be proactive and keep an eye on your credit report, and if anything pops up you can take care of it fast. Use quick easy steps to fix your credit report.
The housing market is a concern for many Americans, we keep an eye open for any indicators that the sky is falling. Despite what appears to be happening in other markets, the housing market looks good!
You don’t have to be a US citizen to get a mortgage and buy a home.
There are a couple of scenarios where non-citizen homebuyer’s can buy a home in the United States. You can be a resident that is looking to purchase a primary residence and occupy the home full time. There is a way for non-residents who want to buy a vacation property here as well. Each of these scenario’s allow the buyers to finance a property with a foreign national mortgage.
Figuring out when to buy a home can be a daunting task. It seems like prices are high and your choices are limited.
Here’s a little food for thought if you’re considering buying a home soon. We’ve seen in the past two or three years that the Portland housing market is booming. Houses are selling fast and prices keep going up. There are some things being forecasted by Javier Vivas, director of economic research for realtor.com® that offer 2 great reasons to buy a home in 2018.
Real Estate Agents Need To Know.
If you’ve ever been at an open house and within a few minutes the real estate agent is asking you “have you been pre-approved?” you know it can feel a little obtrusive. Especially if you were just curious and wanted to quick take a look. You may even not be in the market. Here at Bamboo Mortgage Services we understand exactly why they ask.
3 Good Reasons To Buy Versus Renting
Homeownership is so much more than having a place to keep your belongings, or shelter from Portland’s rainy winter months. It’s also part of a solid financial foundation to create wealth for you and your family. Bamboo Mortgage is dedicated to helping you find the right financing solution for your situation. Helping you is a responsibility we take very seriously.
Your credit could see a boost. Starting February, 2018 the nations credit reporting agencies will drop most civil judgment and tax lien data from consumer credit reports. This will boost millions of credit scores around the country, helping many either…
The HOLTE program helps make buying a home more affordable!
One of Portland’s affordable housing solutions is the HOLTE program. The Homebuyer Opportunity Limited Tax Exemption (HOLTE) program is a tax relief program to help provide more affordable housing opportunities in Portland. Eligible homes receive a a ten-year property tax exemption on structural improvements to the home as long as the property and owner remain eligible per program requirements. In more understandable terms, you only have to pay taxes on the land itself based on the value prior to the home being built. The buyer gets to enjoy those tax savings for 10 years.
Housing prices keep going up, and along with prices the down payment goes up too.
You’ve been wanting to buy a home, prices keep going up every time you look. You wonder “How can you overcome the down payment barrier”? Don’t worry, you’re not alone. When you’re making an offer on a home there are lot’s of out of pocket expenses to consider, least of which is the down payment. The down payment can be a barrier to homeownership that seems too big to overcome.
It will be interesting to see how the new tax rules will impact housing markets. The revised tax laws cap the amount of property and state income taxes that filers can deduct. This revised law could impact places with higher…