First-time Home Buyers -- It’s Easier Than You Think; Experts Provide Education on July 25 on First Home Financing

A free workshop in the Portland, Oregon area to help renters begin home ownership.

Portland, OR (PRWEB) July 14, 2006 -- According to the Portland Home Builders Association, nearly half of all Oregon renters qualify to buy their home. On Tuesday, July 25, a one-hour seminar may provide potential homeowners with the education they need to learn a lifetime of information about investment in real estate and the home market. The management of locally owned RCM Homes is underwriting a free seminar featuring independent experts on first-time home financial strategies. The seminar will be held at Ashbrook Townhome condominiums Tuesday, July 25. Seminar “A” begins at 5:30 p.m. Seminar B” begins at 6:30 p.m. RSVP’s are required.

Despite national reports, home and townhome appreciation rates in the Metro Portland area average 17.6%. Check out this blog: ownaportlandhome.blogspot.com/2006/05/portland-home-appreciation-still-high.html. Click on appreciation rates for a region-by-region breakdown of how home investment is projected to increase in value in the next few years.

LOCATION: Ashbrook Townhomes at 90th and Oak Avenues go to: ashbrooktownhomes.com for driving directions.

DATE & TIME: Tuesday, July 25; Seminar “A” begins at 5:30 p.m. Seminar B” begins at 6:30 p.m. RSVP’s are required.    
                            
PRESENTERS: Action Mortgage, specializing in first-time buyers, financial consultants including Michael Tanner and other investment experts will be on hand to informally answer questions and chart projected appreciation rates for townhomes.

Financial planning tips and details on annual savings through the $0 down program, which ends July 31, will be outlined. This program absorbs up to $5,500 in closing costs and is underwritten by RCM Homes and Action Mortgage. These qualified buyers will be able to move into Ashbrook Townhomes for only $999.

Seating is extremely limited; please RSVP for either seminar “A” or “B” to: mzimmerman @ ashbrooktownhomes.com, or 503-244-7835. Light refreshments will be served.

COMMUNITY PROFILE: Ashbrook Townhome Condominiums, a secluded Tigard community minutes from Washington Square and Gabriel Park, are three-story townhomes marketed by RCM Homes. Through July, the community is offering $0 closing costs. These condominiums feature attached single-car garages with rear entrances and extra storage space and maintained landscaping. Interior amenities include bamboo flooring in the entry and kitchen, granite kitchen islands, microwave, self-cleaning oven, dishwasher, two-sided gas direct vent fireplace and hydronic gas heating with a 50-gallon water heater.

The Ashbrook Townhomes floor plans that are now available are between 1,053 to 1,154 sq. ft., prices range from $215,400 to $249,900. To
visit Ashbrook Townhomes contact Mike Zimmerman, CSP/Sales Broker, 503-244-7835, or visit ashbrooktownhomes.com. The on-site sales office is open Saturday through Wednesday, 11 a.m. to 6 p.m. and located at 10488 SW 90th Avenue in Tigard.

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