Should I Buy or Should I Rent?

To Buy or Not To Buy?

The answer depends on many factors including your age, geographic location, current debt.. The best bet is to come in and crunch the numbers.

Below are some findings from recent studies that might help you:

  • People with responsible mortgages increased their net worth on average by $20,000 over three years compared to only $15,000 for those who rented.*
  • For some people saving money is tough so buying a home can act like a saving account.
  • Aside from the potential financial benefit, owning a home provides security and a sense of pride and accomplishment.
  • Federal income tax benefits from owning a home can be substantial. The ability to deduct mortgage interest and property taxes is the most apparent of these benefits.**
  • Current low interest rates increase the profitability of homeownership***
  • A home “is inflation-protected and a physical asset that doesn’t disappear like stocks can do.”***


References:
*A report published by The Brown School’s Center for Social Development
**Harvard University, Joint Center for Housing Studies
***http://money.usnews.com “Why Buying a Home Is a Smart Investment for Millennials

A- Star Review for the Loan Lady!

ANOTHER 5 STAR REVIEW FOR SHEILA!

“Sheila was such a great help to us. She explained the whole process and made it so easy and painless. She kept us up to speed on where we were at in the process, and communicated well through out. I feel she went above and beyond with us, when our buyers for our house ran into delays. She encouraged us to hang in there and always stayed positive.”

– Kecia Atchley

A new home owner closes the deal…thanks to Sheila!

To Whom it may concern,

Buying a house can be a very stressful undertaking but when you’ve got a great mortgage broker it makes life so much easier. Sheila was awesome. She was friendly, funny and very easy to work with. She works both Washington and Oregon and is very accommodating in meeting you whenever it’s convenient for the client.

The housing market is very competitive so I needed to get pre0qualified quickly, to make an offer on a house that I really wanted. Since she was so prompt, it was possible for me to get THAT house. She kept me informed on what was happening and what documents I needed to provide. She always answered my calls or texts promptly. I could tell she has a lot of experience in helping clients get financing. I will not hesitate recommending her to any of my friends that are thinking of buying a house.

Sincerely,

Laurie Adams
02/22/16

“We Will get our buyers into their Dream Home” – Denise Crane

Sheila has always proven herself to be an invaluable resource and support system to me and my clients.


Sheila Eisert and Denise Crane

Sheila Earns High Praise From Denise at Re/Max-equity group after teaming up and closing another deal!

Denise Crane – Broker
Re/Max Equity Group
Cell: 503-310-0448
Office: 503-666-2020
dcranesellshomes@gmail.com
www.dcrane.equitygroup.com
Licensed in the State of Oregon

February 24, 2016

“I am pleased to provide a reference letter for Mrs. Sheila Eisert. As a Real Estate Broker licensed in Oregon, it is essential to my business to partner with a Mortgage Loan Officer to ensure timely closings for my clients.

While working with Sheila, I find her to be approachable, energetic, and extremely efficient. Sheila has always presented herself in a direct, honest, considerate, and thoughtful manner. Sheila definitely puts her clients first. She has always proved to be an invaluable resource and support system for myself and my clients. Not only does she build solid relationships based on trust and credibility, she proves herself by creating long lasting relationships based on referrals from her past clients. We frequently discuss our clients in depth to know that we will cross the finish line and get our buyers into the home of their dreams.

I most definitely would recommend Sheila for any loan related business that you or a friend may need. I have always been impressed by both her personal attitude and her amazing focus on the task at hand.

If you would like to discuss her attributes in more detail, please call me at 503-310-0448.

Thoughtfully,

Denise Crane
Broker, licensed in Oregon”

The Bolings

As seen above: “Part of Sheila’s email signature reads “I get it done!” and she certainly lives up to her motto! If like us, you think you may not qualify to buy a home because of less than perfect credit scores, talk to Sheila. We initially didn’t qualify because of poor credit and a foreclosure, the relationship with most lenders or brokers would have ended at that point, but not Sheila. She analyzed our credit reports and gave us specific instructions as to what to do to get to where we could qualify and even researched my foreclosure to determine the exact date when I would be eligible to buy again. Once we qualified, Sheila gave us accurate information as to what price range we needed to search in order to meet our monthly payment goal. When we made an offer and began the process of applying for a loan Sheila communicated clearly what documentation she needed from us and in a few instances advice on how to obtain it. Being somewhat inexperienced home buyers we had a ton of questions and she promptly and patiently responded to them all. We also received regular status updates from her once we were in escrow so we always knew where we were in the process. In short, Sheila made what is for most the least desirable part of buying home swift and easy.”

Thank you Sheila!
Charlie and Michelle Bolin

Special thanks from the realtor:
“Thank you, everyone, for a smooth transaction!.. Charlie, Michelle, and Emma were so excited when they pulled into the driveway. :-)”

Christina Pearl
Agent with The Real Estate Performance Group
Production Partner for Brian D’Ambrosio

Sheila Receives Praise From New Homeowner – “My Miracle Lender”

When I was first referred to Sheila, by by real estate agent Lawana, I was told that she worked miracles, and at the time that I met her I was in need of a major miracle. When Sheila and I first touched base, I had already found a house, had an offer accepted on it and also had a lender that I was working with that had given me a preapproval letter, and was closing within 30 days on Oct 30, 2013. About 2 weeks before closing my previous lender told me that there was nothing that he could do and that he was not able to get my loan processed. I was ready to throw my hands up and walk away. Thank goodness for my real estate agent Lawana who asked if I would be willing to give Sheila a chance to see what she could do. Lawana stated that Sheila was a go-getter and again worked miracles.

Within the next couple of days Sheila was on a mission to get this done. Although this was a stressful situation Sheila was on top of everything and was a great motivator and kept me looking up and confident that everything was going to work out. I know Sheila dealt with a lot more things on her side then I did I mine, but she was always a joy to talk to on the phone, even if it was bad news or asking for more paperwork. Sheila and I worked very well together and her communication was outstanding. It didn’t matter if it was 6am or 10pm; I always got a response from her. Through all the sweat and tears that were shed, not only by me, but by Sheila as well this loan was completed and my house was able to close in the month of November.

I am now very excited to say that my son and I are now home owners and I do not think it would have happened without the hard work of Sheila.

Regards,
Nancy and Justen

Sheila Eiserts Newsletter 1/24/2014

“It’s kind of fun to do the impossible” – Walt Disney

It’s great to be reminded that it’s ok to dream big. That’s part of what you and I do each day – help others dream big. I wanted to share my new website with you as I am dreaming big myself this year.

www.loanladynw.com

It is a great tool for those people interested in finding out more about qualifying for a loan. I will be adding additional tools over the next few months.
If there is something you think I could add that would be of benefit to others please feel free to let me know. I am of course always available by phone at 503.793.8085 or email.

Have a great day,
Sheila

For over 14 years, I have been helping families achieve their dreams. Whether you are looking to finance a new home, make some home improvements, manage your debt, or reduce your mortgage payments, I can help you sort through all of the complex choices and provide you with a lending solution that you will be delighted with. NMLS-113678 CO-106650 ML-2166

Do You Qualify For A Down Payment Grant Of Up To $15,000?

Wells Fargo Arrived Tuesday With Over $5 Million For Home Buyers
Portland is the 22nd US market to benefit from the NeighborhoodLIFT Program provided by the Wells Fargo Housing Foundation and the nonprofit group NeighborWorks America.

The details are outlined below along with links for more information:
WHO: First Time Home Buyers With $500 For A Down Payment
WHEN: Dec. 13 and 14, 2013
TIME: 10:00 am – 7:00 pm
WHERE: Oregon Convention Center
777 NE Martin Luther King Jr. Blvd, Portland
Pre-Register: Call: 866-858-2151 or  Online: NeighborhoodLIFT.com
WHAT: Grants to help potential home-buyers struggling to save enough money for the down payment by offering a $15,000 grant per eligible applicant for a down-payment.

THE GOOD NEWS:

  • Assistance is not limited to first-time buyers.
  • Selected eligible homebuyers will receive $15,000 in down payment assistance on qualified properties.
  • Annual income of all residents 18 and older must be at or below 120% of the Portland Area Median Income guidelines. For a family of four, that’s $83,300; three, $75,000; for a couple, $66,650; and for a single person, $58,350.
  • Townhouses and condominium qualify as dob single-family homes.
    Provides homebuyer education for managing the financial responsibilities of homeownership.
  • Only 227 applications will be chosen from the Oregon Pool of applicants.
  • The home to be purchased must be located within the city limits of Portland.

THE BAD NEWS:

  • Applicant must either be pre-approved for a mortgage from an approved lender or seek pre-approval from Wells Fargo at the two-day event.

THE REALLY BAD NEWS:

  • Sheila cannot help you with her loan. They are only available through the NeighborhoodLift Preferred Partners.

THE SMALL STUFF:

  • To avoid having to pay back the grant homebuyers have to live in the home for five years.
  • Approved applicants must participate in a mandatory eight-hour homebuyers course.

If you are not selected for this program Sheila is an expert at finding home loans at great interest rates and getting you approved quickly.

NOW WHAT?
Get More Info call Sheila