first time homebuyer: Hey Seattle, I'm an optomist maybe a $15,000 home buyer tax credit is closer!
- 06/12/09 07:50 PM
Finally, an action which may help the ailing housing industry. Contact your Congressional representatives NOW! Now is the time for all good men (ladies also) to come to the aid of their country! Is that too dramatic? I don't think so. I can still remember May 1977 when my Internet leads dropped by 90% from the previous month. Well, that was just over two years ago. This whole thing has been horrible for America, horrible for all of us. This is a clarion call for home buyers, home sellers, real estate agents and anyone who wants action NOW. Everyone is … (0 comments)
first time homebuyer: Washington States $8,000 First Time Home Buyer Advance Officially DEAD!!!
- 06/11/09 09:53 AM
What a roller coaster ride this has been. Hopes rise and are dashed, maybe, leaving a trail of questions in everyone's mind. Below is a quote from the Washington Housing Finance Commission website. Posted on 06/11/2009.And it is terminal, as regards a cash advance from the State and possibly any third party who may have been putting together programs to advance the tax credit to the first time home buyer (I did come across one entrepreneur who had devised such a plan). The latest status report on the $8,000 looks like this, today. FHA still requires 3.5% down payment. If … (0 comments)
first time homebuyer: What is a Down Payment anyway?
- 09/20/07 03:05 PM
Purchasing a home is a major financial investment for most people. Your major investment would include not only acquisition of a home, but at what initial cost to you, the home-buyer? Here is an interesting question…. Should you REALLY expect to be able to purchase a major asset, a home worth hundreds of thousands of dollars, with NOTHING down? You can really do that, what do you think of mortgage companies who would allow this to happen? Don’t mind the bluntness of this blog, it is simply intended to make a point. Well, give or take the current mortgage market … (0 comments)
first time homebuyer: Home buyers need to get pre-approved before they begin their home search?
- 09/20/07 03:03 PM
Why don’t people get pre-approved before they begin their home search? Just thinking about being a homebuyer can be a terrifying experience for the first time homebuyer.They don’t really know where to begin the process of homeownership.They don’t have the information needed to approach the process in a logical stepwise fashion.They are scared to death at the prospect of making such a great commitment to the American dream of home ownership.Because, once they talk to an actual Loan Officer, they will be harassed to actually go out and buy a home!Probably because they just want to see what is out … (2 comments)
first time homebuyer: First time homebuyers need to know.
- 09/20/07 03:00 PM
Isn’t it strange? Twenty years ago I worked out of the Seward Park, Washington office of Kamas Real Estate (acquired by John L Scott). If I received a client who was interested in a home in Renton, Washington, I would refer them off to an office in Renton, Washington. For many years now, with the advent of technology, the Internet and access to enormous amounts of housing information Realtors can effectively, knowingly work large geographic areas, communities and neighborhoods. And that’s a good thing. Today many first time home buyers have limited choices of where they can afford to live. They … (0 comments)
Finally, an action which may help the ailing housing industry. Contact your Congressional representatives NOW! ;)
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