seller: Are you losing money. Seller paid closing costs and the maximum for investment homes. - 03/19/12 10:21 AM
Hello,
I am seeing many investment home purchase deals with seller paid closing costs exceeding the maximum amount and this is lost money for a purchaser. If you are buying an investment home right now, you, as the borrower/investor, must know the maximum that Fannie Mae and Freddie Mac allows is 2% seller paid closing costs, regardless of down payment amount.
For example, if your agent advises asking for 3% and the seller agrees, Fannie Mae will only allow 2% and the seller keeps the left over 1%. This is lost money. You are better to get more aggressive on price and only ask … (3 comments)

seller: How long does my home short sale take to complete after I have a Purchase agreement? - 06/21/10 05:19 AM
The length of time a short sale approval will take is difficult to guess. Here are some estimate, but every lender and every deal is different.
Lenders often find themselves in a tight spot when borrowers default on payments leading often to a foreclosure, or those whose payments are delayed due to various reasons. The approval process in such cases gets delayed and it is not unusual to find bottlenecks along the way, leading to backlogs extending for days, weeks and in some cases, even months at a time.
The short sale process is long and tedious, requiring a detailed set of regulations … (1 comments)

seller: Another successful Active Rain transaction from Puyallup, Washington to Spring Park, Minnesota - 11/25/08 07:16 AM
Thanks again www.activerain.com for another successful transactions between 2 Active Rain agents.
 I am a Real Estate agent in Auburn, Washington who after selling a clients home in Puyallup, requested an agent from activerain to help my seller find a home in Minnesota to purchase and move into. I came across Stieg Strand, who I requested to help my clients. He went out and immediately found my clients a home and made this a painless transaction for my clients. Thanks so much for your help Stieg!
 
The agents involved were....
Jason Schweiger - Real Estate 2000 - www.mynwagent.com - http://activerain.com/mynorthwestagent
and
Stieg … (0 comments)

seller: Huge 2580 sq ft home in West Hill Kent. $100,000 remodel completed.. - 08/21/08 02:53 AM
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seller: 2580 sq foot home on West Hill Kent with lots of potential. Great investment potential. - 07/14/08 04:10 PM
Great value and opportunity! 2580 sq. foot one story with finished daylight basement. Home is currently being remodeled and already has a new roof, new windows, new paint in and out, 2 new French doors, and new large deck made of 2X6 pressure treated wood. This home just needs to be completed inside (estimate of $18000 to complete, call for details) Home feature's 4 beds, 3 baths, 2 car gargage, large yard, and deck with views of Kent Valley. Easy commute to all areas and close to shopping. Call for more info or showings. Work is currently being done, so please … (0 comments)

seller: Immaculate 4 bedroom, 2 1/2 bath home in gated Evergreen community of Puyallup, Washington - 05/02/08 02:27 AM
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seller: Homeowners in Foreclosure have another option. Look at the short sale to sell your home. - 04/21/08 11:58 AM
If you have found yourself in desperate times and possibly upside down in your mortgage, your best option might be the short sale to sale your home.
A short sale is when the lender agrees to discount a loan balance due to an economic hardship on the part of the mortgagor. The home owner/debtor sells the mortgaged property for less than the outstanding balance of the loan, and turns over the proceeds of the sale to the lender in full satisfaction of the debt. Extenuating circumstances influence whether or not banks will discount a loan balance. These circumstances are usually related to … (2 comments)

seller: Sample Hardship letter for a Countrywide short sale on a Bonney Lake WA home. - 01/10/08 01:34 AM
Here is a sample Hardship letter. Feel free to use as a tool for creating a similar type of document.....
(Date)
RE: Hardship Letter - Short Sale for (property address)
Loan #
Dear Countrywide:
We purchased our home at (Address) in (date) for the price of $(0).  At the time, we were happily married and our jobs supported our home. Towards (date), we had gone through some major relationship challenges and the only option for us was to separate and we did that in (date). We are currently in the process of getting divorced. Unfortunately, with our separation, we could not afford this home anymore and had to vacate … (9 comments)

seller: 1.21 acres in West Hill Auburn zoned R-4. Good investment for builders. 3400 sq ft home. - 10/14/07 04:07 AM
3440 square foot home on a 1.21 acre lot in prime new home area zoned R-4. Nice home built in 1979. A lot of value would be placed on the development potential. This property can be sub-divided and developed. This home is not "officially" on the public market yet and has not been put into the MLS. I am fielding calls and talking with investors and/or builders prior to adding to the MLS. Please contact for more information.
4 bedroom 2.75 bath 1.21 acres Built in 1979
I have contacted several of the owners next to this property and may have … (0 comments)

seller: How do Realtors get paid? Here are the facts about agent commissions! - 10/01/07 10:32 AM
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 Real Estate Agencies are a group of Real Estate Agents and Broker/Associates with a single controlling Broker. These companies come in various sizes and may have one or more individual offices. They can be independent Real Estate companies or franchised Real Estate companies.    The companies that are advertised on television, … (4 comments)

 
Jason Schweiger, Loan Originator / Branch Manager NFLP (Network Funding LP)

Jason Schweiger

Loan Originator / Branch Manager NFLP

Auburn, WA

More about me…

Network Funding LP

Address: 5702 Olive Ave SE, Auburn, WA, 98092

Office: (253) 315-5580

Mobile: (253) 315-5580

Email Me

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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