Blog archives from 2009

Home Buyer Tax Credit Changes
Nov
10

Home Buyer Tax Credit Changes

President Obama signed the Worker, Homeownership, and Business Assistance Act of 2009 into law today. The legislation greatly expands the First Time Homebuyer Tax Credit by making more first time homebuyers eligible for the credit and now includes homebuyers that are not first time homebuyers. The current law is extended until April 30, 2010. Buyers have until that date to have a signed purchase agreement. There is an additional 60 day grace period to complete the financing.


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Understanding Home Owner Association Fees:  Is it too much?
Nov
5

Understanding Home Owner Association Fees: Is it too much?

That is one of the most common objections to purchasing real estate where there is a community Association requiring the payment of regular dues and fees. These can range from less than a hundred dollars per month, if for example the only service is street scaping, to upwards of a couple of thousand dollars for a luxury penthouse. Depending on square footage and amenities, most fees range between $250 and $750.
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Recycling: A Refresher Course
Nov
3

Recycling: A Refresher Course

Most plastics are recyclable,” says Keith Christman, senior director of packaging at the American Chemistry Council Plastics Division, in Arlington, Virginia. The problem is, not all plastics are recyclable everywhere. Almost all recycling programs accept plastics numbered 1 and 2. (Look for the number on the underside of a product, inside the ubiquitous triangle of chasing arrows.) But the numbers are not regulated federally; 39 states have various rules, so what you see can be inconsistent.

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Tuesday, January 31, 2012
When Freddie Mac Wins, Homeowners Lose

Wednesday, January 25, 2012
First-Time Buyers and Short Sales

Sunday, January 15, 2012
Top 5 Reasons to Buy a Home in 2012

Monday, January 9, 2012
Why Short Sales Are Better for Homeowners

Tuesday, December 20, 2011
Does Being Green Add to the Value of Your Home?

Monday, December 12, 2011
Homes with High Walk-ability Worth More

Wednesday, December 7, 2011
Puget Sound will have Japan-like density by 2040

Saturday, November 26, 2011
Foreclosure Starts Rise as Servicers Process Backlog of Delinquent Loans

Friday, November 25, 2011
Freddy Mac Adds Washington to Winter Sale Locations

Thursday, November 3, 2011
Quicker Approvals

Thursday, October 20, 2011
Is a Smaller Home Right for You?

Wednesday, October 12, 2011
9 Ways You Can Cash In on Your Home

Thursday, October 6, 2011
White House Considers Underwater Refinancing Relief

Saturday, September 24, 2011
Teaming Up to Fight Short Sale Fraud

Saturday, September 17, 2011
Drawbacks to Home Equity Loans

Thursday, September 8, 2011
Fall Fixes for Your Home

Sunday, August 28, 2011
Short Sales Surge

Friday, August 26, 2011
10 Ways Your Agent is Successful with Short Sales

Thursday, August 18, 2011
10 Ways to Skip the Stress When You Sell

Tuesday, August 16, 2011
How To Select Best Appliances for Your Home

Tuesday, August 9, 2011
Top 5 Housing Recovery Markets

Friday, July 29, 2011
Are Short Sales Still a Good Option?

Wednesday, July 13, 2011
Fannie-Mae’s Surprise for All Cash Buyers

Tuesday, July 5, 2011
Home Sales on Uptick in Greater Seattle Area

Friday, June 3, 2011
Housing Affordability Hits All Time High

Chris White - Team Leader said
"Unfortunately you are not alone. It's more than an outcry. The powers that be really need to come down harder on Bofa than they already are. Working on these short sale for over 2 years now I've uncovered down right fraud happening on the lenders parts. If they cared more about moving this country forward than protecting their own wallets then they would cut the red tape and approve these short sales in a timely manner. Our team made the wise decision to get BofA loans which were FHA or Freddie Mac backed, approved prior to listing on the market. Then we can list the home as "Price Approved" and close in 30 days. In this instance BofA does a full appraisal, rather than an incompetent "Broker Price Opinion" (nothing against agents but they have no idea how to make adjustments on comparable homes) and then the bank issues an "Approval To Participate" letter which dictates what price we can go on the market and take anything north of 88%. I really do hope your situation improves. " about Congressional Bill to Speed Up Short Sales
on Tuesday, August 30, 2011 @ 9:15 AM

Lisa Zeiner said
"We made an offer 4 months ago to BofA, and have heard nothing. It was a cash offer which is better than the zero money they are collecting now. And since the people don't care they are trashing the place, by the time BofA gets around to it our offer will be gone as the place is a mess!! Septic issues now, garbage being dumnped. All of this could have been avoided if BofA really wanted to correct their cash flow problem and sell these properties in a timely manner. They cry about cash but then do nothing intelligent to fix the problem" about Congressional Bill to Speed Up Short Sales
on Tuesday, August 30, 2011 @ 9:06 AM

aluminum composite panel said
"Every time i come here I am not dissapointed, nice post." about Bank of America to Offer Principal Reduction to Underwater Borrowers
on Sunday, April 24, 2011 @ 9:11 PM

Jones Ramirez said
"Thank you for the work you have done into this post, it helps clear up a few questions I had." about How do appraiser’s determine a homes value?
on Tuesday, April 19, 2011 @ 10:07 PM

HollyRobsonf said
"Hey - I am certainly happy to find this. great job!" about Bank of America to Offer Principal Reduction to Underwater Borrowers
on Wednesday, April 13, 2011 @ 6:45 PM