selling: Stop Foreclosure Now! Real help for home owners behind in their loan! Washington Puget Sound area.
- 03/13/08 02:33 AM
Stopping Foreclosure Now! Save your home and/or your credit. Here is some basic info about Foreclosures. Read this and then call us ASAP. We deal with homes in the entire Puget Sound area. 253-315-5580 Ways to Stop Foreclosures... Home owners who are facing foreclosure often dread dealing with the facts that got them to that place. If you think back to when you first bought that home, losing the home was probably the furthest thing from your mind. Few home owners actually plan to go into foreclosure. Reasons For Pending Foreclosure... Job loss / unexpected unemployment Sudden illness or medical emergency Death in the … (1 comments)
selling: 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)
selling: Advantages and disadvantages in owning Rental Real Estate. Read this before investing!
- 09/29/07 05:19 PM
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. Many people who feel uncomfortable investing in financial instruments have no qualms about investing in real estate. This is a psychological distinction, as a bad stock and a bad rental property are equally capable of losing money, forcing you to sell for a loss. That said, here are the advantages … (8 comments)
selling: Buying or investing in Rentals? Here are 10 rules to live by that will help you profit.
- 09/29/07 05:15 PM
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 complicated than investing in stocks and bonds. In this blog, we'll go beyond buying a home and introduce you to real estate as an investment. Basic Rental Properties summary This is an investment as old as the practice of landownership. A person will buy a property and rent it out to … (2 comments)
selling: 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)
selling: Home not selling? Try leasing. Here are some great suggestions to assist leasing you house.
- 09/27/07 03:57 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. Handle security deposits properly. Make repairs. Provide secure premises. Provide notice before entering. Disclose environmental hazards. Oversee managers. Obtain insurance. Resolve disputesTen Tips for Landlords Simple suggestions to help your landlord or property management business run smoothly. 1. Screen tenants. Don't rent to anyone before checking credit history, references, and … (1 comments)
selling: Arms are getting ready to adjust. Are you and homeowners alike ready for the adjustment?
- 09/23/07 05:00 PM
Come next month, some of the cheap loans that got U.S. buyers into homes they might not have otherwise been able to afford are expected to get far less cheap. Adjustable-rate mortgages, which offer lower rates for an initial period, already are resetting. But the Mortgage Bankers Association estimates October through December will bring the peak of these new, higher rates - and pricier mortgage payments. Such adjustments could spell continued trouble for a sluggish national housing market. I think this will be a major concern, even with the Fed lowering rates and offsetting some of the pain. This will play a … (5 comments)
selling: 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)
selling: 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)
selling: Who is to blame for our Real Estate slowdown?
- 09/20/07 04:06 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 just part of our system and we all have a part in the cycle. I think we are exiting the Boom Market to the downside towards a recession. This is a normal cycle and may have been long over due. We have had an extensive expansion in housing and much … (4 comments)
selling: Sell that home quicker! Tips for agent & sellers to bump up that curb appeal.
- 09/19/07 07:20 AM
In a slow market, sellers need to do everything possible to help get their home looked at. Here are some basic tips. 1. Beware of grand gestures:Exterior improvements should be in keeping with the scale and proportion of your house and fit in with the neighborhood. So as lovely as a formal colonnade might look on the front of your boxy Colonial Revival, it may seem over the top when viewed in context with the simple salt box next door. 2. Don't stand out like a sore thumb: When picking paint colors, it's best to match the intensity of your neighbors' shades. If … (4 comments)
selling: Many say the Fed lowering rates will help the housing market. Do you agree?
- 09/18/07 05:37 PM
The fed lowered rates today 1/2%. They did shock the stock market, which shot up over 300 points, but will this help the housing market? I think not! or at least not for the short term. There are way too many negatives in the Real Estate market right now for a small decrease in rates to overcome a housing slowdown. 1) Foreclosures setting records. 2) Arms resetting into much higher payments. 3) Liquidity still an issue for mortgage loans. 4) Jumbo loans are very expensive. 5) Investors are sitting on sidelines or liquidating. 6) Buyers are nervous. Real Estate markets are cycles and I think we are in post … (5 comments)
selling: List of Pros and Cons for selling a home as a FSBO (For Sale by Owner)
- 09/18/07 04:40 PM
PROS Selling your home without an agent means More Money. If that's not an incentive, what is? By selling it yourself you save the fees or commissions (thousands of dollars) that you would have to pay an agent. But beware, many people make costly mistakes that will cost much more than hiring an agent plus a lot of undesirable stress. CONS Real estate agents are paid good money for a reason. Selling a home takes a lot of time and energy. Open houses, dealing with potential buyers, closing sales and dealing with the legal issues are familiar turf for us and our … (3 comments)
selling: 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)
selling: 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.
Stopping Foreclosure Now! Save your home and/or your credit. Here is some basic info about Foreclosures. Read this and then call us ASAP. We deal with homes in the entire Puget Sound area. 253-315-5580
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