When a home is purchased, most look at the home as the only product they are purchasing. Unless you are paying cash for a home, there is a often overlooked product, the home loan. When you obtain a home loan, you give your lender a mortgage, which is security to your lender in case the loan is defaulted. In Oregon, you enter into a trust deed with your lender and a neutral third party, usually a title company. Bottom line, when obtaining a home loan you are buying a product, and when you buy a product you want to receive the highest quality, and value in that product, right?
Sunriver Real Estate and The State Of The Union
In general, not a lot, if anything. With the housing collapse having occurred and still in shambles, there would be plenty of topics to discuss in the State of the Union. However, President Obama did not mention any housing issues affecting the country.