Posts Tagged VA home loan eligibility

2 to 4 pm open house in Hillsboro, Oregon this Sunday, March 28th

Posted by Danny in Open houses on March 24th, 2010


Witch Hazel Ranch Rambler

Kitchen

Family room

I am holding an open house for a ranch style rambler in Hillsboro on Sunday, March 28th, 2:00 to 4:00 pm.  It is located at:

4678 SE Witch Hazel Road, Hillsboro, OR 97123

Click on the address above and enter the RMLS number 10009487 to view listing information for this home.

Exceptional one-level home located on a private lane. Home has a flowing floor plan and is Great for Entertaining. Formal Living is open to the Formal Dining with easy access to the Kitchen. Spacious Kitchen with pergo floors is open to the family room and allows enough space for several cooks, informal eating area, or possibly a kitchen island. Family room features a traditional gas brick fireplace and slider to one of two covered patios. Two Bedrooms and Master are located in a private location of the home. Master Suite features a it’s own bath and slider to a covered patio where you can step out to enjoy the fresh air. Skylights in 2 bathrooms make the rooms light and bright. Huge landscaped backyard has sunny southern exposure great for the avid gardener. Two Car garage, two separate storage sheds and a 21 x 80 black topped driveway have more than enough room to store all your creative projects or toys! Home is well maintained and shows pride of ownership with Newer Trim, Vinyl, Windows & Roof. Located close to shopping, restaurants, public transportation and the SE Tualatin Valley Hwy. This Home is an outstanding value for First Time Home Buyers looking for a family home with all the perks! Don’t let this one get away!

If you have any questions concerning real estate, including this home in Hillsboro, or would like to see it or another property outside of these open house hours; please contact me at dannyshepard@oregonfirst.com or 503-267-8370. I am a realtor with Oregon First based out of Beaverton, Oregon and work throughout the Portland-Metro area.

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VA loans, closing costs required to be paid by the seller

Posted by Danny in Veterans on February 22nd, 2010

On loans guaranteed by the Veterans Administration, the seller is required to pay 100% of escrow, not the traditional 50%  split between the buyer and seller.

The VA also states that approximately $1,200 of lender fees CANNOT be paid by the veteran.  Typically, these fees will be stated as seller expenses on the HUD-1 statement, though a lender may choose to pay or waive some of these closing fees.  Common names for these lender fees include: document preparation, underwriting, processing, administration, etc…

Sources:

Kelly Parkman of the KParkman Mortgage Group

VA Loans

If you have any questions regarding purchasing a home with a VA Home Loan, selling your home to a buyer using a VA loan, or any other real estate questions, please give me a call at 503-267-8370 or email me at dannyshepard@oregonfirst.com.

Danny

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Oregon Veteran programs information has been added to this site.

Posted by Danny in Veterans on January 26th, 2010

I have posted several veteran programs links to this site, including both home loan programs from the national Veterans Administration and the Oregon VA.  I recently took advantage of the IRRRL program, shaving one percent off our own mortgage with no closing costs thanks to the help of Kelly Parkman at the Northwest Mortgage Group.  There are also links for veterans from the department of Housing Urban Development, US Department of Agriculture, and the Small Business Administration.  Counseling information for veterans possibly facing foreclosure has also been listed.  Finally, there is information for veterans and their spouses to determine their eligibility to use a VA home loan or to determine if their home purchases, renovations, or improvements are eligible under the VA home loan program.

If you have any questions or need assistance in utilizing these programs, please contact me at:

dannyshepard@oregonfirst.com

503-267-8370

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