Team Thayer Property Servicing

There appears to be plenty of real estate people who believe they can succeed, as last week saw more housing numbers go through the roof. Existing Home Sales were up 4.2% in May to a 5.18 million unit annual rate, up 12.9% over a year ago. The median price climbed to $208,000, up 15.4% over a  year ago, while average prices are up 11.2% over last year. The months' supply dipped to 5.1, all due to the faster sales pace, as inventories were up 7,000, increasing four months in a row. And the median time on the market for all homes was 41 days, down from 72 days a year ago. Housing Starts were up 6.8% in May. Although most of the gain came from multi-family units, single-family starts were also up for the month and are now up 16.3% versus last year. The total number of homes under construction has been up 21 months in a row. Looking at where starts may be a few months out, Building Permits in May dipped a bit overall, but single-family permits were up for the month and are up 24.

Revealing behavior reminiscent of the officious conduct of government clerks in Terry Gilliam's Brazil, in litigation against Bank of America, former employees have filed sworn statements that allege the bank routinely gave borrowers the administrative run-around, and then foreclosed on them without justification. These allegations confirm what advocates and consumers have been saying for years. They also strongly suggest that oversight of such practices has not been forceful enough to reform bank practices, and more--and more aggressive--attention to this conduct is necessary. From affidavits filed in litigation against the bank, some of the most serious charges include the following: •Bank employees routinely lied to borrowers about whether their applications for mortgage modifications were complete and removed documents from the borrower's file to provide grounds for rejecting such applications. •Bank employees would delay consideration of modification app

In one corner, we have five former  Bank of America Corp.  employees who told a federal court they were instructed to mislead customers on the verge of losing their homes and stall their applications for loan modifications. In another corner, we have Bank of America, which says nothing could be further from the truth.  Who’s right? If anything, the bank’s strident denials make me more inclined to believe the workers’   claims . “These allegations are absurd, patently false and contrary to Bank of America’s long-standing policy only to foreclose as a last resort when other available options to help keep people in their home have been exhausted,”   Jumana Bauwens , a Bank of America spokeswoman,   told   Bloomberg News   in an e-mail this week. Perhaps some of the allegations may be wrong. But to say all of them are obviously false? You have to wonder. A lot of the former employees’ claims make sense. We have known for years that the U.S. Treasury Department’s  Home Affordable Mod

3 bedroom 2 bath 1550 sq ft  with a large lot shop, tool shed. Incredible views and only 5  minutes to the lake on foot.  Only $95000 250 4th st Lowell Oregon

1550 sf 3 bed 2 bath  Only $36000 Immaculate home in private community located in the country just outside Junction City proper. Full laundry room. Large private fenced back yard with concrete slab. Great area for BBQ, enjoying the outdoors. Community has a small lake, Park with picnic tables, modern play ground, tennis / basket ball court. RV & Boat storage.

As a new homeowner, you've got lots to do. Besides moving in, fixing up and making the place your own, you still have a life to lead and work to do. We understand you're busy and want to help. Whether you have an hour or all weekend, you can start (and finish) at least one of these easy home improvement projects without hiring a contractor and taking out  renovation loans : Set Up a Home Recycling Center Recycling at home can be as easy as organizing recyclable materials in their own containers. Set up bins to collect plastic, glass, steel cans, aluminum and paper/cardboard. Place labels on buckets, boxes or crates. These make excellent containers and are easy to carry when they get full. Build a Compost Bin Using a compost bin gets rid of kitchen waste and turns it into a usable fertilizer that is beneficial for gardens, flower beds and house plants. A recycled washing machine tub makes an excellent composter. With the hole at the top just the right size for stirrin

Former Bank of America employees say in court documents that the bank routinely lies to customers about their mortgages, and denies their requests for modifications without even looking at the paperwork. In sworn affidavits, four former employees, for example, describe policies in place at the bank that they say are designed to subvert the Home Affordable Modification Program (HAMP), 2009 government-sponsored initiative that was designed to keep distressed homeowners above water during the depths of the housing crisis. The affidavits are part of multiple court cases against the bank brought by homeowners who say they were unfairly foreclosed upon. One case is underway in the U.S. District Court of Massachusetts, before Judge Rya W. Zobel. A movement is underway to unite the cases under a single class-action lawsuit. The former workers allege there's a bank-wide policy that encourages mortgage officers to delay and avoid that process as much as possible, to foreclose on custo

Bank of America (hereafter BOA) is the largest criminal enterprise on earth. Every day, BOA defrauds hundreds of thousands of its customers along with innocent borrowers who have loans that are either originated or serviced through BOA or its predecessor,  Countrywide Home Loans,  Inc. Despite having been fined several billion dollars by various state and federal agencies continuously over the last 4 years, BOA continues to defraud the public and abuse the court system against innocent victims that are unable to fight back. Although BOA was forced to pay billions in fines, those dollars have not trickled down to the victims who have lost their homes, had their credit destroyed, lost their jobs, lost their retirement, and lost their ability to live the American dream. One must ask, how and why does BOA continue to defraud people when they ultimately get caught and get fined? The answer is actually quite simple. As to how does BOA continue to defraud people, the simple fact is tha