The Forestry Building, 1905


Originally posted on Vintage Portland:

Here we a have a picture of two women sitting in the upper balcony of the Forestry Building. This image really displays how massive the support logs were. Keep in mind, this image is from 1905. Imagine what they must have gone through during the constructions of this building. It is truly spectacular!

Two women on upper balcony of Forestry Building

Two women on upper balcony of Forestry Building, 1905 : 7200-03

View this image in Efiles by clicking here.

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Is a 40-Year Mortgage Worth It? How to Decide Whether or Not This Longer Term is Right for You


Originally posted on neiljcoleman:

Is a 40-Year Mortgage Worth It? How to Decide Whether or Not This Longer Term is Right for YouThere are different timetables for mortgages. The most common types are 15-year and 30-year mortgages. However, a mortgage broker can establish unique timetables for a homeowner, such as a 40-year mortgage.

Friends may recommend going for a long-term timetable, but what do professionals think of a 40-year mortgage? Here is what you may want to consider to see if a 40-year mortgage is appropriate for you.

The Monthly Rates Will Be Low

Compared to a 15-year or a 30-year mortgage, the monthly payments for a 40-year mortgage will be lower. Since the mortgage is spread over 10 years beyond a conventional 30-year mortgage, homeowners will see much lower mortgage payments per month. This can be very attractive for homeowners who need to control their housing costs per month.

Long Term Costs

But, many brokers will tell a homeowner the extra 10 years is not worth it. Because the homeowner will…

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Generation Y is Ready to Buy


Originally posted on Avelina Colon:

Generation Y consists of men and women born between 1980 and 1995 and guess what? They are buying houses. Although they face some challenges like limited income, average credit and debt, they are the generation that is getting married and planting their roots.

Did you know:
  • Median Income: $73,600.00
  • Average Home Purchase Price: $180,000.00
  • Make up 31% of Recent Buyers

This generation definitely needs a loan officer on their side, finding them that perfect loan. I am ready to help this generation begin their home owning journey…..are you ready?

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How to Avoid the New High Mortgage Lender Fees and Keep More Cash in Your Own Pocket


Originally posted on Ask Carolyn Warren:

Money 2The annual report for lender fees, state by state, is out. Is your state on the five most expensive or the five least expensive states in which to close a mortgage loan?

That’s an interesting question, but more important is how do you avoid paying those over-priced closing costs, no matter what state you are in?

It is my pleasure to tell you that I see Good Faith Estimates from all over the U.S., and from all types of lenders: banks, brokers, credit unions, and other direct mortgage lenders. None of my clients (and I expect that none of my book readers either) are paying the new higher fees stated in this report.

None! They’re too smart for that. They keep more of their cash in their own bank accounts and shell out less for inflated origination costs padded by junk fees.

Five Most Expensive States for Mortgage Fees

1)…

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Richest Person in Each State


Originally posted on GWOP MAGAZINE:

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No suprise here. America’s wealth still belongs to rich white men.

Washington resident and Microsoft founder Bill Gates’ $80 billion net worth makes him the richest person in the country (and the world). The least rich individual on the map is Robert Gillam, founder of McKinley Capital, an Alaska-based institutional investment firm. But don’t feel too bad for him — he’s worth a cool $700 million.

Heirs to the Walmart empire dominate three states: Arkansas (Jim Walton, worth $35.7 billion), Texas (Alice Walton, worth $35.3 billion) and Wyoming (Christy Walton, worth $37.9 billion). Here’s to so-called upward mobility.

Movoto used wealth data from Forbes and Celebrity Net Worth to create the map.

Source: huffingtonpost

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Ivy School enjoys the neighborhood


Originally posted on Eliot Neighborhood:

By Laurie Simpson

Ivy Students

Students in front of the Ivy School, walking back from a swim at Matt Dishman Community Center

The Eliot neighborhood is home to The Ivy School’s 4th through 8th grade campus. The school offers a tuition-free Montessori education with Spanish study for students in grades 1-8. For the last 3 years the school has breathed new life into the old Immaculate Heart brick building across the street from Dawson Park.

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What Price House Can You Afford?


Originally posted on Ask Carolyn Warren:

front door of a houseEmily Johnson found the perfect house for her family. Four bedrooms, three baths. The master suite had a garden Jacuzzi tub, just what she  needed after a long, hard day of work. There was plenty of street appeal, too. After hours of looking on the Internet, she’d found The One.

Her next step was to contact the real estate agent who was listing the house and ask to see inside.

Emily fell in love.

That evening, she brought her husband out to see the house, and he agreed with her that it was just what they wanted. They asked the real estate agent how they could make an offer. And that’s when everything fell apart.

You see Emily, like so many other house shoppers, had done everything wrong  — starting with her initial search.

What Went Wrong?

When you want to buy a house, your first step is not searching…

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