buying: The laws about mortgage insurance. Lenders will be sure to add it back in. - 10/14/07 12:14 PM
Lenders had previously developed many programs that did not include mortgage insurance on loans greater than 80% LTV. I think that is about to change. Lenders have been losing money on defaulted loans and they will take that risk out of their loans. Here is the latest law regarding mortgage insurance. Mortgage … (4 comments)
buying: How do Realtors get paid? Here are the facts about agent commissions! - 10/01/07 05:32 PM
How do Realtors get paid? There is often a great deal of confusion regarding how Realtors® are paid. Yes, we are paid a commission, but there are some aspects you probably don't realize. Realtors are state licensed Real Estate Agents, Broker/Associates or Brokers. Although business models may vary, Real Estate Companies or … (4 comments)
buying: Advantages and disadvantages in owning Rental Real Estate. Read this before investing! - 09/30/07 12:19 AM
Advantages of Rental Real Estate The advantages of rental real estate are quite substantial. One that is not listed below is the fact that when you own rental real estate, you own a tangible asset. You can paint it when you're happy with it and throw rocks at it when you're not. … (8 comments)
buying: Buying or investing in Rentals? Here are 10 rules to live by that will help you profit. - 09/30/07 12:15 AM
Buying real estate is about more than just finding a place to call home. Investing in real estate has become increasingly popular over the last fifty years and has become a common investment vehicle. Although the real estate market has plenty of opportunities for making big gains, buying and owning real estate is a lot more … (2 comments)
buying: Flip that house! Make sure you do your homework first! or it will flip you. - 09/29/07 11:49 PM
Definition: Flipping is a term, used primarily in the United States, which refers to the practice of buying real estate and quickly reselling (flipping) it for profit. Type of Flips One of the most time-honored ways properties are flipped is by renovators. The hoards of home improvement programs, such as "This Old House" which … (7 comments)
buying: Home not selling? Try leasing. Here are some great suggestions to assist leasing you house. - 09/27/07 10:57 AM
In these times when sellers may have trouble selling, leasing your home may be a backup plan. Here are some good rules if you are considering renting. Follow them and they will help make your rental journey more prosperous and less stressful. Ten Tips for Landlords Screen tenants. Get it in writing. … (0 comments)
buying: Flipping homes in not as profitable as the shows may state! You can make money but,.. - 09/26/07 11:59 AM
The TV show Flip this House spurred a lot of interest in making money in real estate by flipping houses. However, the show only tells part of the story. Often, the viewer never gets to know if the renovated house sells or not. How can you learn about making money flipping … (3 comments)
buying: First time home buyer mortgage alternatives. King and Pierce County, Washington - 09/23/07 11:36 PM
FHA Mortgage FHA Mortgages are insured by the Department of Housing and Urban Development of the Federal Housing Administration (FHA). These home loans make it easier for low-to-moderate income people to own their own home. Features: • Fixed rate terms available • Low down payment usually required • More lenient qualifying ratios … (1 comments)
buying: Double digit home price drops coming to a city near you! - 09/21/07 01:23 AM
Many forecasters are predicting steady price drops into late 2008 or early 2009. I do think prices are headed down in our area of Seattle/Tacoma. This will provide some good investing soon! Here is a report that shows predicted price drops for major cities. http://www.money.cnn.com/2007/09/19/real_estate/steep_home_price_drops_coming/index.htm?postversion=2007091915 Whats your prediction for your area? Here … (3 comments)
buying: Who is to blame for our Real Estate slowdown? - 09/20/07 11:06 AM
Who is to blame for our Real Estate slowdown? Is it the mortgage brokers? The agents? The Fed? The investors? Buyers? There are many reasons for the housing slowdown, but I think this is a completely normal correction in our housing cycle and there is nothing that could have stopped it. It is … (4 comments)
buying: Foreclosures may be the correct way to buy this Real Estate market. - 09/17/07 09:20 PM
If you are new to real estate investing and considering buying foreclosure properties, you need to be realistic about what you are facing. Foreclosure investing is not a good investment approach for beginners. I recommend that you have at least a couple of years' experience with more traditional real estate investing … (4 comments)
buying: Home not selling? Try the lease-option. - 09/17/07 09:54 AM
Are you having difficulty selling your home or other real estate? Or would you like to buy a home or an investment property but you don't have enough cash for a down payment? If you answered "yes" to either question, a lease with option to purchase may solve your problem. But … (11 comments)
King County Real Estate agent and mortgage broker working hard for my clients in the Puget Sound region including Issaquah, Bellevue, Seattle, Redmond, Kent, Auburn, Maple Valley, Covington, and Renton.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
Lenders had previously developed many programs that did not include mortgage insurance on loans greater than 80% LTV. I think that is about to change. Lenders have been losing money on defaulted loans and they will take that risk out of their loans. Here is the latest law regarding mortgage insurance.
;)
;)
