Neighborhood Stabilization Program

Have you heard about the "Neighborhood Stabilization Program" coming soon for Bend Oregon Real Estate Buyers?

The Neighborhood Stabilization Program is bringing Federal money to Deschutes, Crook and Jefferson Counties to help reestablish neighborhoods hit hard by foreclosures. That definitely describes Deschutes County! This is Home Buying help! There is money available to residents who apply and qualify. To qualify, area applicants must earn less than $75,000 for a family of four. Families can apply for the funds and use them for a down payment on a bank-owned, foreclosed property. The down payment can be up to 20% of the purchase price of the home, with a maximum of $35,000.

So let's say you purchased a home for $175,000 in Bend and put $35,000 down. If taxes were around $2,400 and your insurance was about $600 per year, your mortgage payment could be around $1,000 per month. That could possibly be do-able for a family of four in that income level if they were not burdened with other debts.

"The availability of these dollars allows families to establish themselves as permanent members of our community," said Bend Affordable Housing Manager Jim Long. "This is going to help us get a lot of people into homes and also help us to clean up neighborhoods that are full of empty homes." said City Councilor Mark Capell. "It's going to be a very positive program for the community."

If you or someone you know might qualify for this program, give me a call. I'd be happy to help you find a great home and steer you in the right direction to apply for this terrific Home Buying help!

TERI GREEN
Bend Oregon Real Estate PLUS - Senior Real Estate Specialist
The Hasson Company
www.BendOregonRealEstatePLUS.com

Bend Oregon Pole Pedal Paddle 2010

The Pole Pedal Paddle (PPP) in Bend Oregon is a fantastic event! Hats off to whoever came up with this idea! It's a great way to break into Spring! The Bend Oregon Pole Pedal Paddle is a for-fun event or can be taken very seriously; it's for individuals, pairs, or groups. The PPP is for adults, teens or kids with a large variety of categories. It is my absolute favoriote Central Oregon community sporting event of the year! It brings all of Bend plus a slew of others together for an alive, fresh-air, competitive yet fun day.


The first Pole Pedal Paddle event is the alpine ski portion. Skiers begin by running up hill to their skis. Put their skis on and ski to the exchange point near the West Village Lodge passing off to the cross country skier. The cross country skier skis approximately 8 km passing off to the road biker. The road biker pedals from the Nordic Lodge parking area of Bachelor 35 km into Bend along scenic Century Drive where the runner begins the 5 mile course. The runner passes off to the paddlers for the Canoe/Kayak portion. The boaters paddle upstream and downstream near the Healy Bridge on the Deschutes River. The river paddlers pass off to the sprinter who runs along the banks of the river for half a mile to the finish line.


The Bend Oregon Pole Pedal Paddle event date this year is May 15, 2010.


I recruited a PPP team a few years ago and ran the two running legs. This year I'm a sub for the road biking section on one of the Hasson teams. I'm a little nervous but that is what makes it all so alive and fun!


Putting on an event like this requires a well organized crew of volunteers. For further information or to volunteer, call Mt. Bacholor Education Foundation at 541-388-0002.


For full details or to register to particicpate in this event, visit http://www.mbsef.org/. This event benefits the Mt. Bachelor Sports Education Foundation.


If you are in the Central Oregon area any where near Bend, Oregon on May 15th, I consider this a must-see experience. I'll be there. Hope you'll join me!


Teri Green
Bend Oregon Real Estate PLUS - Senior Real Estate Specialist
The Hasson Company
http://www.bendoregonrealestateplus.com/