Mortgage Matters: How An Agent Can Help

Filed under: market news,Need To Know,Real Estate Industry,Summa 139 News — August 30, 2010

Ever heard of the WheelEstate Cam? We love how broker Frankl LLosa’s breaks down the need-to-knows in real estate.

Last week, Llosa took on “tanking” mortgage loan rates. According to a recent Freddie Mac survey, 30-year fixed loans averaged 4.42 percent, with an average of 0.7 point. That’s the ninth consecutive week of record-low rates reported in the survey!

So, what could this mean for your property or your clients’ properties? Summa specialists can tell you what your home is worth, discuss your mortgage loans or refinancing options. Let us help!

Are Phone Calls A Thing of the Past?

Filed under: market news,Need To Know,Tech Corner —

TechCrunch.com had a great article recently on the potential demise of traditional telephony…

Mark Zuckerberg, Facebook creator, says he thinks the phone service, as we know it, could be gone as soon as 5 years from now. And it could be Mr. Zuckerberg, himself, who is the cause of the telephone’s extinction.

The article says social networking offers better control, freedom and more interactive experience than phone calls. Gmail Voice and Skype have already begun to change the world of voice/face-to-face calling.

This year, NCHS did a survey of 21,000 households; a quarter only use cell phones in their homes. So, we want to know what you think…are landlines like dinosaurs? Too big and bulky, too slow to evolve? Can the telephone last past the social media revolution of today?

Facebook Has a Check-in

Filed under: Tech Corner — August 22, 2010

At an event on Wednesday, Facebook unveiled Places, their new location element that allows users to check-in to venues. Obviously, this mimics the core feature of smaller startups like Foursquare, Gowalla, Loopt, and dozens of others. The move of the big boys into this space was inevitable, but it is somewhat surprising that it has taken this long. The next question may be: will Twitter follow suit?

It was almost exactly one year ago to the day that Twitter first announced their intentions to enter the location space. At the time, this simply meant that the API would start supporting longitude and latitude coordinates attached to tweets which third-party developers could expose if they chose to. Now, obviously, twitter.com has this element baked in, as does Twitter for iPhone (the app which Twitter purchased that has long had the geotagging feature). But this is still just a layer of meta data, there is no explicit way to “check-in” as it were. (more…)

Short Sales: Summa Can Help!

Filed under: foreclosures,Need To Know,short sales — August 20, 2010

The short sale process can be confusing for home owners and home buyers. If you’re facing foreclosure, there’s one thing you need to know: You have options.

Whether you choose to sell your property, refinance or negotiate a loan modification, Summa’s experienced negotiators can guide you through each step. Working directly with the lender, Summa will help you minimize loss.

Here are some links we like for more information:

  • We’re loving this article from Market Watch. Great Q&A from an experience real estate journalist.
  • Want more answers about the short sale process? Check out this great online community.
  • Interested in loan modification? This article can tell you a little more.

Want to know more about your options? Or, are you interested in purchasing a short sale? After you check out the links above, be sure to visit the Summa 139 Short Sale Page and then contact a Summa agent for a free, personal consultation.

We handle each negotiation discretely and quickly, so you can get back to what’s most important: protecting your credit, your home, and your family.

Welcome To Summa 139!

Filed under: foreclosures,market news,Need To Know,Property Management,Real Estate Industry,REO,short sale,Summa 139 News —

Welcome to the Summa 139 Blog!

You’ll find everything from short sale information to the latest real estate news in your area. We know the market can be rocky; that’s why Summa agents are working hard to keep home owners and sellers up to speed and to continue already successful relationships with local banks and lenders.

Have questions about property management? Facing the difficult prospect of foreclosure? Summa agents have more than 20 years experience in the Portland area, handling all types of real estate negotiations with discretion and expertise.

For a free consultation, contact a Summa agent today.

And be sure to check the Summa 139 blog for your daily dose of market news!

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