Buying short sales vs. foreclosures

Not sure whether you should be buying a short sale or a foreclosure? It turns out that it depends a lot on your goals in buying a home and how much time and patience you have. Here’s a good article on buying short sales and foreclosures that explains the difference between the two and discusses pros and cons of each type of real estate purchase.

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Annuity Loan

An annuity loan may be the answer to obtaining the capital you need to invest aggressively during tight economic times. When the real estate market is in the tank due to price corrections, that can eat up equity that would otherwise be available to borrow for investmen and other needs. When that equity is not there, those who have previously invested in annuity insurance policies have the option of obtaining an annuity loan against their policy.

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Peer Lending

Have you heard of peer to peer lending? Peer lending is when you borrow from a private investor rather than a traditional lender like a bank. Peer lending is great for situations where borrowers can’t get funded from traditional sources of financing.

Peer loans are typically sought for young, growing businesses that need capital to close a specific deal, such as fill an order for raw materials on a large order.

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Eagle ID homes for sale

If you’re moving from Oregon to Idaho, you might consider checking out the town of Eagle. Just outside of Boise, Eagle has formerly expensive homes in exclusive subdivisions for great values. Here’s a site where you can search for Eagle ID homes for sale. You’ll find homes that used to be in the $600,000 range selling for $300,000 in some cases. This is a great time to pick up a bargain.

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Welcome to Lake Oswego Homes

Thanks for stopping by Lake Oswego Homes. Our job here is to make your move to Lake Oswego Oregon as easy as possible, so please contact us so we can help you!

We’ll show you around Lake Oswego neighborhoods if you’re from out of town. If you’re already familiar with Lake Oswego and know what you want, then please talk to us we can get you settled into your new home!

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