Rhonda Porter on 04 28, 2012 | 1 Comment
Earlier this month, FHA mortgage insurance premiums (both annual and upfront) were dramatically increased for purchases and refinances with exception to *some* FHA streamline refinances. If you were preapproved with an FHA insured mortgage prior to April, you should check with your mortgage professional to make sure your preapproval is still valid with the increased mortgage paym…
Read MoreARDELL on 04 21, 2012 | 14 Comments
Why is it that when you call to set up appointments to see homes that are for sale, the owner that gives you the longest song and dance, is the one that says "Motivated Seller"? It's as if the agent i…
Read MoreARDELL on 04 18, 2012 | 2 Comments
The first step in buying a new construction home, unless it is an already built "spec" home, is to choose the lot. However, not all lots can hold all homes. So to some extent you have to choose both t…
Read MoreCraig on 04 3, 2012 | 1 Comment
This post is not legal advice. For legal advice, consult an attorney, not a blog. Yesterday, Division I of the Washington State Court of Appeals (which handles appeals from King Co. north to Canada on the west side of the Cascades) handed down a decision that addresses the terms of the standard NWMLS Form 51 Rescission. This form is routinely used by agents to formally and definitively rescind one contract before a client enters into another. The Form, drafted by attorneys on behalf of the NWMLS, includes this rather self-serving provision: RELEASE. The parties agree that the Agreemen…
Read MoreARDELL on 03 30, 2012 | No Comments
8532 16th AVE NW Seattle - Ballard or Crown Hill? In City and not "Grandma's House". Recently there have been a lot of complaints in various forums and on blogs that the homes they are viewing …
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