When you are buying or selling real estate, you receive a statement of your estimated closing costs (for buyers it's typically called a Good Faith Estimate and for sellers it's typically called an Estimate of Net Proceeds). This chart helps break down some of those estimated closing costs, but know ... » Learn More about Closing Costs Explained
Buyers
Buying or Selling Investment Real Estate–Consider a 1031 Exchange
If You are Buying or Selling Investment Real Estate (nearly anywhere in the U.S.) You Need to Know about Exchanges Whether you are selling investment property in the Corvallis or Albany, Oregon area or are selling elsewhere and considering a purchase here, you do not want to overlook the possible ... » Learn More about Buying or Selling Investment Real Estate–Consider a 1031 Exchange
Great News for Corvallis and Albany, Oregon Home Buyers
Great News! Home Ownership in Corvallis and Albany just got more affordable. FHA announced this morning in mortgagee letter 2017-01 that they are dropping the monthly mortgage insurance premium. The annualized rate was .85% and it will now be .60%, a reduction of .25%. On a 250,000 FHA loan, that ... » Learn More about Great News for Corvallis and Albany, Oregon Home Buyers