In This Issue
Relay for Life!
Manager's Message
Cascade Title Barometer

Click here to view the most recent copy of the Cascade Title real estate barometer.


Squirrel Fest 2011!


Squirrel Fest


Ready to do something different this summer?  Mark your calendar for Squirrel Fest, August 6th, at the Longview City Center.  Featuring food, drink, and a bevy of squirrel-themed merchandise and events -- there will even be a "Squirrel Boogie Street Dance" -- you don't want to miss this event!  



Longview Grand Prix Criterium & Terry Taylor Garage Sale!




Alongside Squirrel Fest, Longview will be bursting with great activities.  The Civic Center will also host the 2nd annual Longview Grand Prix Criterium Bicycle Race (from 11 a.m. to 7 p.m.), and the Terry/Taylor Garage Sale will also be happening.  You can ride a free shuttle from the race to the garage sale and back to the Squirrel Fest!  See you there!   



Join Our Mailing List

Dear ,


Not able to visit Disneyland this year?  Come visit Cascade Title, the second-happiest place on earth! 

We've got some fun displays and decorations in our office, so drop by, enjoy the fun, and grab a warm cookie!



Your Friends at Cascade Title Company

Relay for Life   

August 13th & 14th   

Relay for Life

Come join Cascade Title and their team "Cancer Crushers" at the American Cancer Society Relay for Life at the Cowlitz Expo Center on August 13th & 14th from 10 am-10am.  This event runs for 24 hrs because cancer never sleeps!


Come help us raise money to find a cure, and enjoy great fundraisers and fun events!  We'll see you there! 


Cascade Title's Manager Message

Is Your Mortgage Interest Deduction on the Chopping Block?    

Joel Lengyel
In the midst of all the changes we are seeing, now one of the three tax plans offered up by the co-chairs of President Obama's fiscal deficit commission would end the mortgage interest on primary home mortgages above $500,000, down from the current limit of $1 million. They are also proposing to eliminate the deductibility on second homes, home equity loans and lines of credit. At this time, $100,000 of interest on such loans qualifies for the tax break.

If you pay attention to what our leaders in D.C. are doing, you will remember that they were kicking around this idea back in 2005, and it is said that if it would have passed back then, it may have provided some balance to the housing bubble that grew many of our values too quickly and thusly avoiding the market we are now dealing with. The good news is the median price of a new home was hovering around $200,000 and this current proposal would retain the deduction for most of us folks, so unless you are in the market for a half-million dollar dwelling, not much will be felt.

With such a large federal deficit I am sure they are going to take a hard look at this sacred cow and this time around it may be slaughtered. One concern was the hit to home values and the estimate is that prices may be affected by 10 percent. I will keep an eye on this and report more as it unfolds. Interesting times indeed.


Take care,  


Joel Lengyel


1425 Maple Street, Longview, WA 98632
Phone:  (360) 425-2950
Fax:  (360) 425-8010
Toll Free:  (877) 425-2950