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…]
Gorgeous homes around $500k? Get OUT of Seattle!
July 23, 2017 by Leave a Comment
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?
EveryHome: A match maker for home buyers and sellers [Video]
January 29, 2016 by Leave a Comment
On our last episode of Seattle RE Chat featured Bryan Copley, CEO of EveryHome.
Everyhome’s concept is based on the idea that every home is for sale for the right price. Bryan thinks of EveryHome.co as a “match maker” between home buyers and home owners – even homes that are not yet listed (off market).
Check out our interview with Bryan and learn more about EveryHome.
Is Renting Getting too Expensive? Consider buying a home
October 30, 2015 by Leave a Comment
Zumper has released their fall rental report revealing that Seattle has the 10th most expensive rents for a major city in the nation for one bedroom apartments. Zumper reports that the average rent in September for a one bedroom in Seattle is $1600. That’s up 0.6% from the previous month and up a whopping 7.1% compared the last quarter. Zumper reports that a 2 bedroom apartment averaged $2200 for rent in Seattle. In May, I wrote about how a 2 bedroom in Seattle was averaging $1907 for rent.
Steps in the Mortgage Process when You are Buying a Home
October 23, 2015 by 18 Comments
The process of getting a mortgage consists of several stages and typically takes anywhere from 30 – 45 days (or more) depending on how prepared you are, what mortgage program you have selected and if it’s a purchase, the closing date may dictate how long the process will take. The steps below may not take place in the exact order I have listed and some steps may happen simultaneously.
Waiving your financing contingency?
September 4, 2015 by Leave a Comment
The greater Seattle real estate market is hot. With the lack of inventory, some home buyers have found themselves in a position where they feel they need to waive their financing contingency or the appraisal. I see this strategy happen when home buyers have been competing with multiple and/or cash offers.
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