Kenny and Zuke’s (sandwiches) was a hit on the East Side. Sometime, they managed to open up a West Side location on NW Thurman near 24th. Do not miss it.
Okay, they make their own pastrami.
They sell mostly sliders, which is pretty much the size of a half sandwich, except maybe a teeny bit bigger. Where [...]
A new day, a new way. Real estate for the 21st Century
- For Email Marketing you can trust
FHA Re-fi Opportunity for Underwater Home Owners
by William Metzker on September 1, 2010
Certain non-FHA-borrowers who are underwater but current on their loans may be eligible for new FHA loans written at current interest rates. The catch: The current mortgage holder must agree to write off ten percent of the loan balance.
Read the details here from a post by my colleague, Fred Stewart.
This is potentially huge–much more effective than the attempts at loan modifications. The only possible flaw I see if that second trust deeds (HELOCs, etc.) are not in the discussion. Unless holders of seconds can be dealt with in a meaningful way, I doubt they will participate and may indeed be sand in the Vaseline.
Still, it’s something underwater home owners in Portland Metro need to be aware of.
{ 0 comments }