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Elizabeth Nettles | John L. Scott | 206-370-0043 2300 N. 58th St., Seattle, WA Beautiful corner lot home in amazing Green Lake/Tangletown location 4BR/2BA Single Family House offered at $650,000 Year Built 1906 Sq Footage 2,410 Bedrooms 4 Bathrooms 2…
$6,500 Repeat Buyer Tax Credit
Here is more information on the repeat buyer tax credit. Many people have asked me questions about this credit so here is more clarification: Some rules for the tax credit: You need to have owned the home for five consecutive…
New Good Faith Estimates
Starting Jan. 1st mortgage lenders were required to begin issuing new "good faith estimates" to applicants covering loan fees and settlement charges. The idea is to eliminate some of the most controversial practices in home mortgages- the intentional or inadvertent…
Smart investors still invest in real estate
Now is one of the best times in history to invest in real estate. The recovery of the real estate market is picking up momentum, which provides an incredible opportunity for investors.
Looking back at 2009 – a tumultuous year for real estate
2009 proved to be a tumultuous year for real estate, one that can be summed up in single word: survival.
Higher Loan Limits are Important to Our Market
Recently the House and Senate passed legislation to extend the current loan limits for FHA ,Freddie Mac and Fannie Mae through December 31, 2010
What’s behind us – and what’s ahead of us in real estate
Real estate is a “big picture” industry. Many people make the mistake of examining real estate only over a brief period of time, when the true value comes from a study over a long period of time.
Conforming loan limits
Good news! The Federal Housing Finance Agency (FHFA) that regulates Fannie Mae, Freddie Mac, and the 12 Federal Home Loan Banks, announced that the maximum conforming loan limits will remain the same for 2010. Here is the link to the…
Home Buyer Tax Credit Passes!
The House has just voted overwhelmingly to pass the bill extending and expanding tax credits for prospective homebuyers (it was already passed by the Senate). President Obama is expected to sign the bill on Friday. Per NAR, the provisions of…
Absorption rate—an important number to know when selling real estate
When it comes to selling real estate, there is a very important number that needs your attention. That number is the market’s absorption rate, a powerful tool that tells you approximately how long it will take for your home to…