Weekly Insider Update - 12/05/11 11:07 AM
The highlight for this weeks Inside Lending Newsletter is that existing home sales that are under contract, but not yet closed, were up 10% from the previous month. Also it's good to note this number is up 9% from a year ago.
This is promising news for the real estate industry rolling into the new year. You can read more in our weekly newsletter:  http://www.mediacenternow.com/IL.aspx?u={47503BD7-EE9D-4A4C-957A-359260BB53B6}
Merry Christmas!
www.guildmortgage.net/philross
 
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Should I Buy When The Market Is Still Declining? - 12/03/11 03:32 PM
Fear usually wins out when stacked up against the desire for personal gain. Fear is often rooted in lack of knowledge, and while many seek out the information needed to make informed decisions, a many others don't know where to turn. The result: they stick with the status quo. But is "status quo" always the safest, smartest approach?
For every time a potential homebuyer hears it's a great time to buy, they hear a horror story: a friend who is going through foreclosure, another who is way "underwater" on their mortgage. These true stories are all around us, and we can't help but take notice. Thus, fear of the unknown … (2 comments)

Bad Furnace? Cracked Windows? No Problem... - 12/01/11 11:29 AM
Ever been in a situation where your buyer has finally found that perfect home, only to learn that it won't pass inspection? Maybe the furnace doesn't work properly, or a couple windows are  broken or cracked? To add to your frustration, the bank is selling "as-is" and refuses to make the needed upgrades to make it possible to  secure your buyers FHA financing.
If this is your situation, the simpliest solution may be The Energy Effficient Program. This program allows FHA borrowers to roll in the cost of certain energy related upgrades into their home loan.
This makes it a win-win for everyone: the lender knows the funds are already set-aside for the … (0 comments)

 
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Phil Ross

Kent, WA

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Alpine Mortgage Planning

Address: 17615 SE 272nd Street. Ste 110, Covington, WA, 98042

Office Phone: (425) 260-8999

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