This weekend while driving around my neighborhood in Seattle, I noticed more “for sale” and “open house” signs on homes. It’s a welcome sight after how long we’ve been in this tight market with very little housing inventory. [Read more…]
Are markets shifting in Seattle?
May 11, 2018 by Leave a Comment
Stop paying rent: Mortgages with Low Down Payment Options
April 25, 2018 by Leave a Comment
Recently I wrote about neighbors in West Seattle who were looking for a new place to rent because they have two cats and a dog, limiting their options. I’ve pets my entire life, this is my cat Rocko at his typical hang-out where he can view everything on our stairs.
In my last post, I shared Fannie Mae’s Home Ready mortgage program which offers a low down payment with improved pricing on rates and mortgage insurance. [Read more…]
Reason to stop paying rent #7: You have a pet
April 24, 2018 by Leave a Comment
I love my pets, Rocko and Hitch. We have had pets before we had (our now adult) children. I totally understand someone’s anguish when they are trying to deal with where they are going to live when they have pets.
This morning, I was catching up on Facebook and in our local neighborhood group for West Seattle, a neighbor is worried about if their landlord is getting ready to sell the home they are currently renting. [Read more…]
NEWS FLASH: Mortgage Master now offers Bridge Loans
January 22, 2018 by Leave a Comment
I’m pleased to announce that Mortgage Master Service Corporation is once again, offering bridge loans to our clients. A bridge loan allows a home owner to tap equity from their current home for down payment on their next home before their current home has sold. With a bridge loan, there are no monthly mortgage payments and the interest that accrues is paid off at the closing of the buyer’s listed home. [Read more…]
Gorgeous homes around $500k? Get OUT of Seattle!
July 23, 2017 by Leave a Comment
This week, a real estate agent asked me to prepare some financial flyers for listings in Pierce County. The homes are stunning – I live in Seattle and cannot imagine having a large garage for our cars…although before living in Seattle, I had a sweet 2 3/4 garage. [Read more…]
Financing a “multi-generational” home
June 28, 2017 by Leave a Comment
It’s becoming more common for families to have multiple generations living under the same roof. Some families opt to commit to buying a “multi-generational” home together designed to accommodate their lifestyle, whether it’s a home with an attached or detached dwelling unit (aka mother-in-law apartment) or even a home built specifically for generations to live together, there are options available for living with your parents and/or grown children. [Read more…]
Avoid Delays with your Home Purchase
September 19, 2016 by Leave a Comment
Here are a few suggestions for when you are preparing a purchase and sales agreement to help avoid delays. NOTE: I’m NOT an attorney and this is NOT legal advice. I’m simply a Licensed Loan Officer offering suggestions based on my observations. 🙂 [Read more…]
How to Buy a Home with your Roommate
July 19, 2016 by 2 Comments
Fannie Mae’s HomeReady mortgage allows a home buyer to qualify using “boarder income”. What does this mean? Remember our favorite roommates Laverne and Shirley?
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