The Death of Mortgage Blogs

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There is a buzz going on among fellow mortgage bloggers about how days may be numbered for mortgage blogs. This is as a largely the result of guidance issued by federal regulators late last year specifically on social media. When I first read this guidance, my initial response was “so what? This is pretty much […]

An Open Letter to Glenn Kelman, Redfin CEO, on the “Discount Real Estate Broker” Model

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Dear Glenn: I’ve been following Redfin since its launch in 2006.  The year prior I started my own law practice focused on residential real estate.  I soon realized that I could provide the legal services needed by a home buyer or seller for a fee significantly less than 3%. Moreover, by 2005 it was apparent […]

Selling a Kirkland Condo – Staging and Photos

Kirkland Condo

Whether I am helping a client sell a house or a condo, my thought process is generally the same. Start at “buyer profiling”. Who is likely to buy this property? Then make a list of the top 3 to 5 reasons why THAT person, whom you have targeted as the likely buyer, will choose THIS […]

Lower Conforming Loan Limits

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Back on December 12th, Rhonda posted that FHA etc Loan Limits would be coming down to the same level as previously lowered conventional rates. This came up in a recent discussion I was having with a client and thought the news, which I believe became effective 1/1/2014, should be highlighted a little better, as this […]

Seattle listed as 2nd hottest housing market for 2014

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The new Zillow predictions for the 2014 housing market show Seattle as the second hottest market in 2014. They also predict only 3% increase in prices overall, so “hottest” could be kind of cool. Personally I think it all depends on how many sellers come out to play this year. You will have your same […]

2014 Conforming and FHA Loan Limits for Greater Seattle

Conforming and FHA loan limits for 2014 have recently been released. Conforming loan limits will remain the same as 2013. However, FHA loan limits are being lowered in 2014 from $567,500 to $506,000 for a single family dwelling.  The 2014 FHA loan limits are effective with case numbers obtained January 1, 2014 through December 31, […]

Small Business Funding Event Coming to Seattle

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Hey RCG Community!  I’m super-excited that I’ll be returning to Seattle for an Access to Capital event that Dun & Bradstreet Credibility is hosting this Nov 12. The event is all about helping small businesses get the money they need to grow their businesses. We’ve been running these events all over the country (Los Angeles, […]

Home Buyer Education Seminars

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I am teaching two Home Buyer Education Classes this month sponsored by the Washington State Housing Finance Commission.  Anyone who is interested in buying a home can attend – our class is not limited to first time home buyers. Home buyers who are interested in programs offered through the Washington State Housing Finance Commission, such […]

BofA HAMP Loan Mod Program: A Giant Fraud at Homeowner’s Expense

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Earlier this morning, I came across a very interesting statement made by a BofA employee in a lawsuit against the bank regarding its “participation” in the Home Affordable Modification Program (HAMP).  A “declaration” is a statement made under penalty of perjury and is commonly used in litigation to give facts (typically from a witness) to […]

Upcoming Changes to FHA Mortgages

In a recent press release, HUD has announced several changes coming soon to FHA mortgages. FHA mortgages are popular with home buyers because they allow for lower down payments (currently as low as 3.5%) and FHA mortgages tend to be more flexible with credit scoring and debt-to-income ratios. Another reason why home buyers may lean […]