From the category archives:

Future Home Owners

Seattle Home Real Estate Buying – FHA, VA Gift Funds Requirements

November 17, 2011 Future Home Owners
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Government home loans for Seattle real estate purchases does allow gift funds to be used towards the down payment. 100% of the gift funds can be applied towards the down payment. Relatives are able to provide gift funds for your new home purchase with proper documentation.

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Seattle / Bellevue Home Owner Education 101 – Fannie Mae & Freddie Mac Changes

March 26, 2011 Current Home Owners
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Seattle / Bellevue Home Owner Education 101 – Fannie Mae & Freddie Mac Changes: Buyers, Sellers, Investors and Refinancing all affected by the newest changes just rolled out by Fannie Mae & Freddie Mac. How does this affect you? Can this really cost thousands? How much more will it cost me? Are there other [...]

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Seattle Real Estate Market gets national air-time by Diana Olick, CNBC Special

March 26, 2011 Current Home Owners
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Diana Olick, Home Realty Check on CNBC, travels to Seattle to do a live report on what unique opportunities we have to offer.
“Seattle DOES NOT Rank in the top 100 cities for foreclosure” The current Median Home Price has declined from $365,000 to $285,000
$285,000 $365,000 Median Home Price, Unemployment at 8.8% under the National Average [...]

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FHA Increases the Annual MIP on April 18, 2011

March 4, 2011 Future Home Owners
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To follow the established rules for the required reserve requirement of the Mutual Insurance Fund, FHA will increase the annual mortgage insurance premium (MIP).
The increase of .25% (25bp) was announced.  To avoid this increase you must have your case number assigned on or before April 14, 2011.
FHA recently increased the annual MIP to .85% – [...]

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Seattle Real Estate Housing Inventory

September 16, 2010 Future Home Owners
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Seattle Real Estate is one of the few metropolitan cities that have seen a decrease in the number of homes listed for sale. A percentage of these homes sold with today’s historically low mortgage rates and some homeowners have taken homes off the market.

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We Beat the Banks! Dare to Compare Mortgage Rates for 2/8/2012

September 1, 2010 Current Home Owners
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Voted Seattle Magazine Best of 2011. Reviewed 5 Stars more than any other lender on Yelp.com in Seattle / Bellevue. Guaranteed Closing Costs, Competitive Rates & Great Customer Testimonails. Your local Mortgage Reel Team here to assist you. See how we BEAT the competition today.

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Seattle Home Loan Application Questions

July 22, 2010 Current Home Owners
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Seattle home loan application questions for residential real estate. Introductory steps for Seattle real estate buyers and home owners.

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U.S. House Backs Homebuyer Tax Credit Extension

June 29, 2010 Future Home Owners

Extension of the Homebuyer Tax Credit has been approved by the US House of Representatives and is up for vote with the Senate. The deadline will be moved to September 30, 2010.

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Seattle 1st Time Home Buyers Given $8,000 For A Down Payment?

May 3, 2009 Future Home Owners

For the housing market, it’s the equivalent of financial alchemy, and it’s hot: Turning the $8,000 federal home-purchase tax credit, which normally isn’t spendable until after you’ve gotten your refund, into immediate, hard cash today, available for your down payment and closing costs.

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What First Time Buyers need to know about the American Recovery and Reinvestment Act

February 19, 2009 Future Home Owners

Seattle first time home buyers gain clarity from the Seattle Mortgage Reel on the benefits of the American Recovery and Reinvestment Act

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