Sarah Eubanks

I'm a:	Real Estate Professional
Location:	Oregon City

14 Answers
2 First Answers
3 Useful Answers

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About Me

Tenacity and energy are two characteristics you will find when you contact me for residential and commercial mortgage needs. Having been born and raised in Oregon, I have lived in many places throughout the state and have vast knowledge on the inner dealings here in the great State of Oregon.

I hope to educate you as much as possible on the topics that concern you the most! Contact me for details on anything Oregon! I look forward to talking with you!

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Sarah Eubanks's Questions (0)

Sarah Eubanks's Answers (14)

How do I buy a Foreclosure home in Portland, OR? My family and I would live in it, not buying to make money.

Asked Sun Aug 31 2008, 19:13 by Janis - Portland - Foreclosure - 8 answers

Sarah Eubanks answered:

Janis...

This may seem self-serving. It is not, though. My suggestion would be for you to find a really good and experienced mortgage professional. As one in the industry, you need to know your options even before you go out looking. I have seen a lot of people upset when they find out that they cannot obtain a program which will allow them to purchase (this seems to happen only when they find "the one".)

If you need help in determining your creditworthiness and what your true options are, please feel free to let me know.

Best wishes to you...
Sarah Eubanks - Tue Sep 2 2008, 17:31

Are the Orenco Row Houses a good investment?

Asked Tue Jul 22 2008, 23:15 by Lynn - 97124 - Home Buying - 5 answers

Sarah Eubanks answered:

Hi Lynn...

I am currently handling the mortgage on a purchase transaction right over where you are looking. As was mentioned by both David and Tom, the location is terrific for both investment and primary residences. With all of the techies, you cannot go wrong there (in my opinion). You know what they say -- "location,
location, location".

The appraisal, btw, seems to agree with what you are finding here! :) Best of luck, and please let me know if I can assist you in any way.

Kind Regards,
Sarah Eubanks - Wed Jul 30 2008, 20:54

Question removed

Asked Tue Jul 29 2008, 17:39 by Rick - Portland - How To... - 7 answers

Sarah Eubanks answered:

I see that you say refinancing is questionable. Have you spoken with a Mortgage Professional yet? If not, I can put you in touch with one... :)

Seriously, there are still options for refinancing. In order to be truly helpful, though, I would need further details. I do agree that renting it out may be your best option. But...if refinancing would be difficult, so would purchaisng with no money down.

If you would like to further explore your options, please let me know.

Kind regards,
Sarah Eubanks
503-442-1349 - Wed Jul 30 2008, 20:50

Our house has been well received from the brokers tour and many agents have stated the house shows

Asked Wed Jul 30 2008, 20:24 by Doug - 97232 - Home Selling - 7 answers

Sarah Eubanks answered:

Doug...

You may want to have your agent follow up with those agents who have been through the home. Get their opinion on pricing. If you can afford to sell it for less, you may want to drop the price. Remember, though, that you are in control of what you want to do. Do not feel as though you must cater to everyone as there is a buyer for every home. Best of luck to you! :) - Wed Jul 30 2008, 20:41

I got 100% finance pre-approval from my back through a mortgage representative and received the approval

Asked Mon Apr 14 2008, 21:20 by John Nortton - Minneapolis - Home Buying - 5 answers

Sarah Eubanks answered:

Further, you have a right to your credit report. I suggest you only allow lenders to use the one you already have.

As for Wells with the 100% financing. In Oregon, they have done away with everything but the Guaranteed Rural Housing. As such, it is not likely they have anything where you are for 100% unless you are in a farm type area.

Again, I will answer whatever questions I can help you with! - Tue Apr 15 2008, 08:45

Hi John ~ I am afraid that you have been caught in the middle of an uncomfortable time in this industry. While you did receive a pre-approval letter, most of these have disclaimers that the approval is not final. You will be in good shape with an FHA loan or one of that caliber. There are still several available at 97%.

You are correct...the 100% financing is basically obsolete for now. Sadly, there were too many people who abused the opportunities. Therefore, the choice for banks to offer these products have been pulled.

As to bank versus broker. i am a broker...and as such my loyalty lies there. That being said, I always recommend that you talk with more than just your local bank. Whether another bank or a third party broker, you are more informed and will feel better and more secure.

Best of luck to you...I wish I could help! :-)

Sarah Eubanks
Senior Mortgage Specialist
Hill Valley Financial Services - Tue Apr 15 2008, 00:15

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