I get so many questions about Rehab loans, especially for Foreclosures in Hilltop and around Downtown Tacoma, that I took a few minutes to talk to Sean Werner of Wells Fargo about how exactly how FHA 203k Streamline loans work. If you have any further questions, post them in the...
Scott Cowan over at Keller Williams Real Estate just did a great blog post about all the new changes to the City of Tacoma Downpayment Assistance Program. If your Mortgage Banker isn’t up to speed on the latest rules, make sure you read this- because it might save you a...
This year in Washington State we have new legislation designed to prevent homeowners in danger of losing their homes from being scammed. Freddie Mac recently released this video explaining how the scam works and how to protect yourself. It’s a little cheesy, but you get the message: Remember, don’t sign paperwork without...
Good news for people looking to finance homes that cost more than your average house. Effective this coming Monday, March 9th, FHA and Super Conforming loan limits go back to 2008 levels! That means that in Pierce County the limit is now $567,500. This is great news for sellers in...
Some people want to buy a house in perfect shape. Other people see a house in disrepair and can imagine it reborn, remodeled, and tailored to their specific needs and tastes. I confess to being in the latter group, I tend to get very excited about well...
Here is a great post on the blog QVisory about the difference between a fixed and adjustable rate mortgage. It’s mortgage rates 101: the difference between a fixed and adjustable rate home loan. Just like it sounds, a fixed rate mortgage stays at the same interest rate for as long...
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