Shoes for kids in need at Shady Cove Elementary

32-PAIRS OF CHILDREN’S SHOES FOR CHILDREN AT SHADY COVE ELEMENTARY!

 

Shoes for kids at Shady Cove Elementary

We are very happy that our office, could use a portion of our Windermere Foundation funds this year to provide shoes for children at Shady Cove Elementary & Shady Cove Middle School. Enriching the neighborhoods in which we live and work is an integral part of how we do business. That is why we donate a portion of our commission from every transaction to benefit the Windermere Foundation.

Posted on November 2, 2016 at 4:28 pm
Windermere Shady Cove | Category: Misc. | Tagged , , ,

5 Things to Consider if You’re Behind on Your Mortgage

 5 Things to Consider if You’re Behind on Your Mortgage

Posted October 26 2015, 11:00 AM PDT by Richard Eastern

Posted by Richard Eastern

mortgageFinancial setbacks like the loss of a job or large medical bills can make it tough to make ends meet. If you find yourself behind on your mortgage payments, it helps to be proactive.  It’s also good to know that federal and local agencies, even banks, are working to help those who are behind on their mortgages from going into foreclosure.

If you are behind on your mortgage, here are 5 steps you can take.

1)  Call your lender as soon as possible.

As uncomfortable as that call can be, the problem will not go away by avoiding your lender. If you are having trouble making your payments, the sooner you contact your lender, the more options you will have. Some homeowners postpone communicating with their lender for so long, that foreclosure becomes the only option.  Don’t let that happen to you.

2) Talk to a housing counselor.

The U.S. Department of Housing and Urban Development (HUD) has a list of approved nonprofit housing counselors, who will provide free counseling for homeowners who are behind on their mortgages. They’ll go over options and suggest next steps. Call HUD at 888-995-4673 or visit the HUD site to find a counselor in your area.

3)  See if you can lower your mortgage payment.

You might be able to refinance or do a loan modification to make your monthly payment more affordable. There are a number of programs available depending on your circumstances. A HUD housing counselor or your lender can help you explore your options.

4)  Find out if you qualify for a short sale.

A short sale is an alternative to foreclosure when a homeowner needs to sell and can no longer afford to make mortgage payments. The lender agrees to accept less than the amount owed to pay off a loan, rather than going forward with a lengthy and costly foreclosure process.

Although every homeowner’s situation is unique, the basic criteria for qualifying for a short sale are:

  • You need to sell your home.
  • You owe more on your mortgage than your home is worth.
  • You have a personal financial hardship that will prevent you from making future payments. (Examples of hardship include loss of job, divorce, death of a spouse and medical emergency or illness.)

In most instances, a short sale makes more sense than foreclosure. In general, when you want to obtain a loan to purchase a property in the future, more opportunities will be available to you if you do a short sale. Find out more about how short sales work.

5) See if you qualify for cash incentives tied to a short sale.

Several programs offer cash incentives to homeowners to do a short sale in order to avoid foreclosure.

The federal government’s Home Affordable Foreclosure Alternatives (HAFA) program might provide $3,000 in relocation assistance to homeowners who do short sales.

Lenders, including Chase and Bank of America, have paid significant cash incentives to encourage sellers to do a short sale and avoid foreclosure. In the past few months, we have had homeowners receive checks from their lender at closing in amounts that range up to $35,000. And these large incentives are not restricted to owners of high-end properties. The owner of a short sale property that recently sold for $164,000 received a check for $25,000. The checks are given for relocation assistance and can be used however the homeowner sees fit. There are no restrictions.

It’s important to note that the seller incentive is determined by the investor, so not every lender is paying incentives. However, if you are considering a short sale, it’s a good time to find out if you qualify.

Posted on October 28, 2015 at 5:19 pm
Windermere Shady Cove | Category: Info, Misc., Real Estate Trends | Tagged , , ,

The Windermere Foundation Wildfire Fund

To help support those families that have been affected by wildfires this year, please consider donating to The Windermere Foundation Wildfire Fund.

Posted in Windermere Foundation by Christine Wood
 

 

We are deeply concerned about the ongoing impact of wildfires throughout the Western United States this year. Eastern and Western Washington, Oregon, Idaho, California and Western Montana have been hit particularly hard by rampant wildfires this summer. According to the National Interagency Fire Center, 65 known fires are raging throughout the states we serve, displacing thousands of families.  We have heard that many of you wish to support the emergency relief for those who have lost their homes.

 

 

The Windermere Foundation is now accepting donations to support the families that have been affected by wildfires. We will disburse donations to organizations that are serving local families based on the region you designate or by your billing zip code. One hundred percent of the funds designated to the Windermere Foundation Wildfire Fund will go to local organizations that are providing immediate assistance to those who are affected by the fires.
 

You can donate online at: https://store.windermere.com/content/FoundationWildfireFund Anyone can make a donation through this fund, so please feel free to share this email with your friends and family.
  
Our hearts go out to everyone who is affected by these terrible fires.
 
Thank you for your support!

Posted on August 25, 2015 at 7:44 pm
Windermere Shady Cove | Category: Info, Misc. | Tagged , ,

Rentals

rentals

Do you handle rentals?

That is a question that we receive daily at the office. Although we do not do any property management, we do have a contact for you for rentals in the Upper Rogue area:

 

 

Local Property Management LLC

Doug West

(541) 826-8283

Many people post rentals on Craigslist so try there too.

Posted on August 8, 2014 at 4:35 pm
Windermere Shady Cove | Category: Misc. | Tagged , , , , , , , , ,