home: Flip that house! Make sure you do your homework first! or it will flip you.
- 09/29/07 04:49 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 has been on television since the 1970s, serve as testament to the real estate fad of today. While some of the "This Old House" homes were owned by people who invited the show in so they could renovate, others were purchased, renovated, then resold for a profit. Other ways to flip … (7 comments)
home: Great LEASE OPTION home in Kent, Washington. Complete remodeled with Mt. views
- 09/25/07 03:08 PM
Welcome home! You will enjoy this spacious remodeled 3 bedroom, 2 1/4 bath home with 2-car garage. This remodeled home features an open floor plan, new carpeting/flooring, new roof, new paint, new fixtures, nice landscaping, and more! The huge professionally landscaped yard includes a nice deck, big space, privacy, Mt Rainier view and pride of this community. It is also conveniently located to schools, shopping, and highways. This home is turn-key ready. Take a look, before it's gone!
Square feet 1680 $345,000 lease option price $1800 per month lease option (email for any other details) first/last/deposit … (0 comments)
home: First time home buyer mortgage alternatives. King and Pierce County, Washington
- 09/23/07 04:36 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 • Even with less income, you could qualify for a larger loan amount • All closing costs may come from a gift or up to a small percentage from the seller • Loan amount limitations and qualifying criteria apply What is a VA Loan? A Veterans Administration (VA) loan can be used … (1 comments)
home: Double digit home price drops coming to a city near you!
- 09/20/07 06:23 PM
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 in the Seattle area, I think we will hold our own and remain flat. Some of the outlying areas such as Kent, Renton, Federal Way areas will go down 8-12% … (3 comments)
home: Back to basics! Finding the correct home mortgage for your home purchase.
- 09/20/07 05:06 PM
Choosing a mortgage loan is not as easy as simply finding the lowest interest rate. There are many other factors that will determine which mortgage is right for you. Your financial picture, including your income, savings, cash reserves, and debt-to-cash ratio will determine how much you can afford to pay in monthly mortgage payments. Finding the "best" mortgage means balancing your mortgage options with your financial situation and your housing needs, now and in the future. Since even the shortest mortgages typically last at least 15 years, you will need to project how your financial situation and your housing needs may … (0 comments)
home: Foreclosures may be the correct way to buy this Real Estate market.
- 09/17/07 02:20 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 first or work with some professionals. The profits from foreclosure investing can be huge and that makes foreclosures attractive. There is an awful lot to know in order to avoid the problems that can occur. If you don't know what you are doing, one disastrous foreclosure investment can wipe out … (6 comments)
home: Home not selling? Try the lease-option.
- 09/17/07 02:54 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 it's important to understand the pros and cons of lease-options to maximize your benefits. What is a Lease-Option?A lease-option is a combination real estate rental, sales and finance technique. It is a property lease for a fixed time period, such as 12 or 24 months, with an option for the … (11 comments)
Puget Sound Mortgage Broker working hard for my clients in the entire Puget Sound region including Issaquah, Bellevue, Seattle, Redmond, Kent, Auburn, Maple Valley, Covington, Renton and more.
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