98115: Robopedia: Short Sale vs. Distressed Property - 11/21/08 09:35 AM
It is easy to get all mixed up with the vocabulary swirling around the real estate market these days.  Two very confusing terms being thrown around right now are short sales and distressed properties.  While the two are similar and many times both are involved in the sale of a home, they are not the same thing.
Robopedia:
Short Sales - When a seller is selling a home and the proceeds of that home will not be enough to cover the loan amount that the seller owns on the home. 
For example, If you refinanced your home for $500K last year … (0 comments)

98115: Cheapest Homes In Seattle: The Skinny on Short Sales - 11/16/08 09:20 AM
There is a lot of buzz in the Seattle media about short sales.  So what the heck are they anyway, and how can they save you tens of thousands of dollars on a home? 
Put simply, a short sale is when a home owner is trying to sell a house, but the proceeds from the sale of the house will not be enough to cover the loans currently owing on the home.  So the seller will need to get bank approval once a buyer makes an offer on the home, because the bank will not get all of their money back … (0 comments)

98115: How Much Home Can you Afford? - 11/06/08 04:29 AM
If you are up to a year away from buying a home, now is not the time to be talking to a bank.  Here is my recommendation for what you can be doing right now to put yourself in the best position when the time comes to buy your home.
 
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98115: Free Starbucks Coffee - 11/03/08 02:07 AM
Seattle based Starbucks is hosting a promotion to try to encourage or at least reward people for voting.  If you go into a Starbucks tomorrow and tell them that you voted, they will offer you a free coffee.   
Can I vote more than once?
http://www.starbucks.com/
(1 comments)

 

Rob Graham

Rob Graham

Seattle, WA

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