The Specialist in Seattle Real Estate
Next week the NWMLS (Northwest Multiple Listing Service) is updating a number of forms used in real estate transactions. This is pretty common and Brokers are advised to study the changes and be well-versed in the proper usage of them (I wish more were!). Most of the changes are not major and just reflect shortcomings …
With a huge number of people underwater on their mortgage payments, a wave of short sales and foreclosures looms on the horizon unless home values start improving. Zillow just released a heat map that shows percentage of homes that owe more than they are worth. They did this by matching the estimated value of a …
I saw a great blog post today by Rhonda Porter (a local Mortgage Broker who is a prominent blogger) that gives a detailed outline on what to expect in the upcoming Expanded HARP 2 guidelines. Harp stands for the Home Affordable Refinance Program that was released by the Department of Treasury and the Department of …
With Tax Day 2010 behind us, Americans can begin the countdown until April 15, 2011. For millions, the passing of this year’s taxes closes the door on the homebuyer tax credit but for hundreds of thousands of qualified service members, the deadline is more than a year away. Members of the Foreign Service, Armed Forces …
Shaun Donovan, Secretary of the U.S. Department of Housing and Urban Development, announced today that the Federal Housing Administration is going to permit its lenders to allow homeowners to use the $8,000 tax credit as a down payment. He made these remarks in an address this morning at The Real Estate Summit: Advancing the U.S. …