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 comments and we’ll get you an answer.
What is an FHA 203k loan? This a loan which can be used to renovate a previously occupied home back to acceptable living conditions of the buyers choice. The 203K renovation loan is limited to 35K in improvements. The cost of the impovements are added the loan which is financed. Read the rest of this entry »
Feb 11th, 2010 Posted in Resources | no comment »
Tags: FHA 203k Loans, First Time Homebuyers, Sean Werner, Tacoma Foreclosures, Tacoma Rehab loans, Wells Fargo
Windermere Realtor Shannon Krueger has a great post on her blog about a workshop being offered to help Homeowners keep their homes.
Are your mortgage payments increasing? Are you worried about losing your home? Did you get a loan you can’t afford or didn’t understand? Do you feel like you were misled by professionals who helped you get your loan? Has your income been reduced?
Come to this FREE seminar and learn about the foreclosure process, income tax issues in foreclosure, safe refinance products and more. Know your legal rights and options.
Bring your loan documents! Certified Mortgage Counselors and Loan modification representatives will be available to discuss options for your mortgage.
SATURDAY, March 14th 10:00am - 6:00pm Registration begins at 9:00am
Evergreen College Tacoma Campus 1210 6th Ave
If you are concerned about being able to make your mortgage payments in the future, or if you are already behind, grab your documents and head down to this free workshop to explore your options and find out what it takes to keep your house.
Mar 5th, 2009 Posted in Downtown Tacoma Events, Workshops & Classes | one comment »
Tags: Foreclosure, Tacoma Foreclosure Assistance, Tacoma Foreclosures, Tacoma Real Estate, Workshops & Classes

Yesterday through the magic of technology I found out that I have looked at 169 houses in the past 6 months. That’s a lot of houses! Since the majority of my buyers right now are looking for houses under $200,000, the majority of those houses were Foreclosed Homes, owned by a bank.
Some of these houses are in terrible shape. I’ve seen missing windows, spoiled flooring, smells that rivaled any horrible smell I’d ever smelled in my life, etc. Others houses simply needed someone to move in and love them.
Because they are usually sold at rock bottom prices, it’s in every seller and homeowners best interest to have as few of these homes on the market as possible. If you or someone you know would like a list of foreclosed houses or condos in any particular area, let me know, I’d be happy to email them to you.
Jan 29th, 2009 Posted in Bargain Watch | no comment »
Tags: Bank Owned Homes, Foreclosure List, Tacoma Foreclosures