Appraisals – A Critical Part of the Transaction
With the tight market for buyers and the common practice of escalating up the offer price one savvy tactic for buyers is to offer, up front, to cover the difference if an appraisal should come low. Let me back up…
NEW FHA RULES MEAN HIGHER PAYMENTS FOR BUYERS
If you are buying a home or refinancing using an FHA loan, your annual mortgage payment could increase substantially if you don’t act by October 4. FHA announced changes to both the Up Front and Annual Mortgage Insurance Premiums charged…
Buyers beware: lending rules have changed
If you’ve been considering the purchase of a new home, you need to get your ducks in a row like never before. We no longer live in the era of easy money. These days, you need to get yourself pre-approved…
Your Seattle based real estate agent for Washington State