Last night we went to bed thinking we would just have a dusting of snow in the morning… we woke up to about 3 inches of the white stuff in the Alki neighborhood in West Seattle. I thought I’d share a few photos from our morning walk with our puppy, Hitch.
Seattle Real Estate Chat: Mold, Asbestos and Lead – Oh My! [Video]
November 16, 2013 by 1 Comment
This week’s episode of Seattle RE Chat featured a special guest, James Mallory, President of Environix. James shared a lot of important information about mold, asbestos and lead, all of which can be potentially be found in Seattle area homes.
Reduction to 2014 Conforming Loan Limits May Be Delayed
October 25, 2013 by Leave a Comment
Edward DeMarco, Acting Director of the FHFA, pretty much confirmed that we can anticipate lower conforming loan limits next year. This is from his prepared remarks for “Getting Our House in Order”:
Home Inspection Issues in Seattle #SeattleREChat
October 12, 2013 by Leave a Comment
This episode of Seattle Real Estate Chat has a special featured guest to discuss home inspection issues in the greater Seattle area. Reid Guthrie is owner of The Home Detective.
Mortgage Loans AFTER the Government Shutdown May Face Delays
October 10, 2013 by 4 Comments
Most of our lenders are being flexible about receiving IRS tax transcripts during the government shutdown. However, once the shutdown is over, expect lenders to require IRS tax transcripts to be included on every transaction…and expect possible delays.
Lenders obtain tax transcripts on transactions to make sure the income provided on the application and other supporting documentation matches what is filed with the IRS. This is largely due to the fraud that happened during the mortgage meltdown.
Bad News equals Lower Mortgage Rates
October 4, 2013 by 1 Comment
If there can be one positive tidbit from the government shutdown, it just may be lower mortgage rates. And by the way, we are still originating and closing mortgages during the government shut down. USDA has been reduced to essential functions only and therefore, loans that have not yet been approved USDA may not be closing during this time. However, conventional, FHA and VA loans are available. Not all lenders are able to operate during the shutdown because of not being able to obtain tax transcripts from the IRS, so please do confirm with your lender whether or not this is an issue for your mortgage scenario. Self employed borrowers may find it more challenging during these times.
What you need to know about multiple offers when buying a home [Video]
September 7, 2013 by Leave a Comment
Earlier this week’ during our Seattle Real Estate Chat, Jim Reppond of Coldwell Banker Danforth and I discussed multiple offers, which we are seeing a lot of in the greater Seattle area.
Here’s our “show” from this week and learn more about what you need to know before you find yourself in a multiple offer situation.
Recent Comments