Meadows Group Halloween Spooktacular

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Meadows Group West held its annual Halloween Spooktacular for kids of all shapes and sizes on October 31, 2014.  A good time was had by all – young and old!  Thank you for all you did to make this event … Continue reading

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USDA Loan Program: Am I Eligible and Is It Right for Me?

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Not as common as FHA or Conventional financing, the USDA loan program is still a wonderful opportunity for many home buyers.  If you are open to purchasing a property in a rural community, you may qualify for no-money down financing through the Rural Housing Service (RHS), an agency of the U.S. Dept. of Agriculture (USDA).

This is a great option for many home buyers but it is also important to keep in mind that these programs take a little longer to close than other types of financing.  Typically you will need a 60 day time frame to close from the time your offer is accepted to the time of closing/possession.

Here are some quick facts:

  • No down payment required
  • Families at 115% or below median income may be eligible for guaranteed loans[1]
  • Affordable interest rates
  • Sales Price and closing costs can be financed up to appraised value
  • Low up front guarantee and annual fees, eliminating monthly mortgage insurance payments[2]
  • Gift funds may be used to pay some closing costs
  • Seller may contribute up to 6% toward closing costs for guaranteed loans

If you are interested in getting more information about this program, please contact me and I will refer you to a qualified mortgage broker.  Click here for USDA property eligibility map.

If you or someone you know is thinking about buying or selling Real Estate, please give me a call.  I look forward to assisting you and providing a positive experience with your home buying or selling.

Victoria Marchese |victoria@victoriamarchese.com | 503.780.1937 | Website


[1] Maximum loan amount limits apply. The home must be in a designated RHS service area.

[2] The guarantee fee is 2.0% of the loan amount. The guarantee fee may be financed into the loan amount. Annual fee is 0.5% of the unpaid principal balance.

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FSBO Vs. Hiring a Realtor

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According to the NAR only 9% of sales were For Sale By Owner in 2013? There are many reasons to hire a professional Realtor vs. doing it your self.  Below are just three reasons why you should consider a Realtor to sell your home.  For more details click here.

  1. Higher Sales Price: On average homes listed with a Realtor will sell for 23% more than a FSBO.
  2. Less Time on the Market:  Your home will sell on average 22% faster if you list with a Realtor.
  3. Less Stress on the Seller: 70% of sellers said they had difficulties during the transaction.  Realtors have a number of resources to help along the way.

The time is now to get your home on the market and SOLD.  Give me a call to set up your pre-listing appointment today!

If you or someone you know is thinking about buying or selling Real Estate, please give me a call.  I look forward to assisting you and providing a positive experience with your home buying or selling.

Victoria Marchese |victoria@victoriamarchese.com | 503.780.1937 | Website

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Home in Need of Repair? Check out the CEP

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If you are a homeowner in N/NE Portland then you may want to look into the Community Energy Project program offered through Portland Housing Bureau.  Through this program you may qualify for repairs including; broken window replacements, electrical and plumbing, roof, furnace, gutter replacements, porch and code violations.

To qualify for this program, you must meet three guidelines:

  • Live within City of Portland (different areas have different numbers of slots, so call (503) 284-6827 to see if they can serve your area, as this changes throughout the year)
  • Have somebody living in the home who is 55+ years old or has a disability
  • Meet income guidelines

If you decide to use their services offered, they will make a visit to your home to conduct an audit, and work with you to come up with a plan to improve the comfort level of your home.  All of their in-home services are free. There are some basic steps to receive service for this program.  Click here for more information. You can also contact Tamara at admin@communityenergyproject.org or call 503-284-6824, extension 104.

If you or someone you know is thinking about buying or selling Real Estate, please give me a call.  I look forward to assisting you and providing a positive experience with your home buying or selling.

Victoria Marchese |victoria@victoriamarchese.com | 503.780.1937 | Website

community energy project

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