97055 : Advice

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Rian Muleback, Real Estate Pro in Sandy, OR
Rian Muleback answered:
What's it like during the dead of winter? Do you get more than 2 feet of snow annually? Does it rain a lot? Is it humid during the summer?
I am a weather nerd and have followed the weather since I was a child. I have lived in the Portland Oregon area for over 25 years and I can tell you the weather here is very mild due t ... more
0 votes Share Flag Tue May 13, 2014 In My Neighborhood in 97055
Douglas Bragg, Home Owner in Sandy, OR
Douglas Bragg answered:
what is the lowest annual income to be made in order to be approved for $145,000 USDA loan?
Thanks for the opportunity to reply !

At present the USDA i believe is at 3.5% on a 30 yr mortgage loan.

Thus ... $145,000.00 mortgage loan @ 3.5% for ... more
0 votes Share Flag Wed Oct 31, 2012 Financing in 97055
Bill Polack, Real Estate Pro in Atlanta, GA
Bill Polack answered:
I thought that if you had a Fannie mae loan, refinancing under HARP, the program pays up to 2500.00 in closing cost. Is this correct?
Freddie Mac is the one that had a $2500 maximum amount of closing costs that could be rolled into the loan. That amounts has since been increased to $5000. What that means is that if th ... more
0 votes Share Flag Thu Dec 3, 2009 Financing in 97055
Dirk Knudsen, Real Estate Pro in 97124
Dirk Knudsen answered:
I have signed at escrow, on a lease option I have lived in for six months. The sellers bank went bankrupt,
Chris.

Your probably in trouble here. You may have rights against the owner in civil court but the rights he had appear to be gone and your rights went with him. Maybe get some leg ... more
1 vote Share Flag Sat Feb 7, 2009 Home Buying in 97055
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