Can you buy or rent in my area of downtown for $2500 a month? All by yourself? YES !!! 541-771-8947 (text but voicemail is preferred)

I just did a search for a client.  She's not sure if she wants to buy yet and hopes to have lower interest rates in the future but little does she know: If the interest rate goes down; the Seller's list price goes up. (Normally).

Interest rates are 6.75 % and you're an FHA Buyer with only 3.5% down; you'll be paying PMI a month of .55% of the loan amount divided by 12 months per month which equals to approximately $2300 a month ALTOGETHER on a $350k condo AND HOA includes Water, Sewer & Garbage (and snow removal which rarely happens but it does!)  This is a no-brainer if you don't want to slave over shoveling..outside maintenance...and be close to the PULSE of downtown.

There's only 2 condos out there in the downtown area that work.

Any negatives?  YES but NOT to me....you can't do short term rentals and Owner Occupied is preferred.

Call me for your Buyer Broker.  I'll find you something that fits.  541-771-8947