All Posts in Category: Blog
With home prices soaring in Seattle, is there an end in sight? How are homebuyers reacting to the ever-increasing costs of living in Seattle, The Eastside, and King County? Take a listen and see how you can prepare your family to take advantage of the migration! Also, be sure to check out the Seattle Times article we talk about during the show!
Ever wonder what is Earnest Money? Why is it needed, and how much? It’s a large part of your Real Estate offer, and imperative to your negotiations. Watch this quick video for insight into What, Why, Where, and How Earnest Money affects the offer you and your Realtor put on your next home. Then, take a look at what realtor.com has to say about it!
While, understandably, there is fear in the market after the sudden collapse of global equity markets; does that mean you should be fearful for your job, your house, your local economy? Take a listen and find out why panic in the streets really does a lot to add to your curb appeal.
Many of our clients come in thinking that a mistake in their past will haunt them forever! Do you, or someone you know, have a foreclosure, a short sale, a bankruptcy in their past? Do you, or they, feel hopeless when it comes to buying a new home? Well this week we’re giving hope to the hopeless! Tune in and take a listen!
Tila-Respa-Integrated-Disclosures (TRID) effective date pushed back to October!
The Consumer Financial Protection Bureau has announced it will delay the effective date of the Know Before You Owe rule.
“We made this decision to correct an administrative error that we just discovered in meeting the requirements under federal law, which would have delayed the effective date of the rule by two weeks,” said CFPB Director Richard Cordray. “We further believe that the additional time included in the proposed effective date would better accommodate the interests of the many consumers and providers whose families will be busy with the transition to the new school year at that time.”
The rule was originally set to go into effect Aug. 1. It will require new rules that consolidate the TILA-RESPA forms, and is intended to allow consumers more time to go over the cost of their mortgage.
Many in the mortgage industry, however, worried that implementation of the rule would lead to costly errors as originators and lenders settled into the new regulations.
The CFPB had already announced a “hold harmless” grace period, during which the rule would not be enforced.
Today we go in depth on the importance of great homeowner’s insurance. Melissa Riewer walks us through what to look for, how to save, and some secrets you might not know about your homeowner’s insurance. Take a couple minutes, give her a call at 206.501.3981 or shoot her an email at firstname.lastname@example.org and see how she can increase your protection and decrease your expense!
Today we go over one of the most important and influential people in your home sale or purchase. And you probably never even met them!
Rates are on the rise, recently reaching 2015 highs! Here’s a look at what that could mean to you:
If 30-year mortgage rates increase by just a quarter percent to 4.25%, your monthly payment increases by 3%, not a huge deal, but take a look at this: Half a percent to 4.5% would increase payments by 6.13% and that may start moving you from, “I really love this house” to “I wish I could still afford that house!” With a 1% increase, from 4% to 5%, your monthly payment goes up by 12.44%. Needless to say, in order to qualify your income would have to increase proportionally.
Call your loan officer today and talk about LOCKING YOUR RATE!
Are you like me? Do you forget someone’s name and try to weasel it out of them with tricks like, ‘How do you spell your name, again?’ or, ‘Hey…..Champ/Bud/Sport!’ Well fret no more! I am here to help…err…umm….whatever your name is!
Check out this artlicle: Make Better Eye Contact and Remember People’s Names with One Simple Trick