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Liz Warren

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Foreclosed on? Settlement 1.5 Billion Lost to "Independent Consultants"

Thursday, February 28, 2013
by Liz Warren

Remember that Big settlement of 8.5 Billion dollars that the big ten banks had to pay for the mortgage mess providing 3.8 Billion back to homeowners who were fraudulently foreclosed on between 2009-2010 ? Did you know as part of the settlement the banks spent 1.5 Billion of the 3.8 Billion dollars on "independent consultants" to figure out how to get the money to the foreclosed homeowners?

After complaints to Ben Bernake that the process was taking way too long, the OCC/Fed is working out how payments are made through the servicers and not using  the "independent consultants" after 1.5 Billion dollars! Most of the consulting dollars went to Promontory Financial Group.  Guess who runs Promontory Financial Group: the former chairman of the OCC: Gene Ludwig. 

More details of the 1.5 Billion loss can be found in this Forbes article.

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Mt. Hood Log Homes and Cabins for Sale

Monday, February 25, 2013
by Liz Warren

I can't remember when we have had such a great selection of log homes for sale in the Mt. Hood area. From fixer-uppers to grand log lodges, there is a fantastic selection. The pricing points are from $129,000 to nearly a million. If there ever was a perfect time to pick a log home for purchase, this is it!

Mt. Hood Log Homes

Check my Mt. Hood Log Homes and Cabins page any time for new log home listings to hit the market.

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Monday Morning Inspiration

Monday, February 25, 2013
by Liz Warren

Have some Monday morning inspiration. Hit the coffee below!

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Mt. Hood 1927 Original Cabin on the Zig Zag River

Thursday, February 21, 2013
by Liz Warren

Hit the brakes! This stunning classic cabin sits on the banks of the Zig Zag River in the Mt. Hood National Forest. This pristine setting features a wonderful cabin that's all wood interior with logs in the living room, wood floors, a large stone fireplace with a woodstove insert and original panned windows. Two bedrooms upstairs and a huge living room with eating area that is open to the kitchen make a fantastic gathering area. An updated kitchen and bath complete with claw foot tub makes the modern amenities a compliment to the cabin. Take a tour below of this Mt. Hood Classic Cabin. Only minutes to prime ski areas and one hour from Portland. leased land.

 

Play VisualTour
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Mt. Hood Summer Home Improvements

Tuesday, February 19, 2013
by Liz Warren

Mt. Hood National Forest Cabin Improvements

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Tuesday Morning Coffee

Tuesday, February 19, 2013
by Liz Warren

Hit the coffee below for your Mt. Hood Inspiration

Mt. Hood Inspiration

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Lighter Sales in January 2013

Saturday, February 16, 2013
by Liz Warren

Four closed sales for January 2013. This reminds me of the beginning of 2012! Two riverfront properties closed this past month. One small cabin like property and a very large home on over an acre of land.  

Mt. Hood Real Estate Sales for 2013

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Ski Bowl's Saturday Night Lights!

Saturday, February 16, 2013
by Liz Warren

If you're on the mountain this holiday weekend you might enjoy the fireworks at 8:00 PM tonight at Ski Bowl in Government Camp. Ski Bowl Lights up the night sky! They may be seen from the base at Ski Bowl West, the Beer Stube and the mid way warming hut!

Fireworks are free. Hot cocoa not included.

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Mt. Hood Market Information on Sales for January 2013

Friday, February 15, 2013
by Liz Warren

I believe I had a little whiplash from the drop in number of sales in January 2013 compared to the run up in the last six months of 2012! January totals came in at four sales. After months of 10 to 14 sales per month it appears new tax policy or the fiscal cliff put a big brake on the run up towards the end of the year causing a little downturn.

Mt. Hood area salesinformation for January 2013

This chart from RMLS compares numbers from the same month one year ago. Most experts are saying that 2013 will be a big year for sales as any buyer who wants to take advantage of good rates needs to act right now. By the end of 2013 we could see an increase in rates of nearly 1%! If you are looking to purchase your Mt. Hood getaway, now is the time to act!

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Check Your Credit Report

Tuesday, February 12, 2013
by Liz Warren

Recent reports by the FTC are finding that between 10 and 21% of consumers have inaccuracies in their credit reports costing them higher interest rates for any purchases that need credit! That could be 42 Million people!  A recent 60 Minutes program brought this to light last Sunday and here is an article from Business Insider that discusses the specifics.

One of the most important issues that came to light is that it is difficult to dispute errors on your report and it is a lengthy process. Be sure and check your free credit report from all three credit agencies at annualcreditreport.com.. If you find an error, take action to remedy the mistake as soon as you can and have patience.

If you’re purchasing a home in the Mt. Hood area this could impact your monthly payment substantially. With the new CFPB Consumer Finance Protection Bureau rolling out their guides for low risk mortgages your credit score will become even more critical in getting the best interest rate for your purchase.  

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Displaying blog entries 961-970 of 1876

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