Lending in the Age of Coronavirus: An Update
Truth is Stranger Than Fiction
Automated Underwriting & Appraisal Waivers
Appraisal Wait Times: The New Normal
How to Buy a HUD Home
We have a new HUD foreclosure in Jefferson County, WA and there are a few things real estate agents and borrowers should know. Whether your home loan will be an FHA loan or a conventional loan, HUD homes are treated a little differently from other real estate listings.
Condo Cheat Sheet
Just like mortgage lenders and brokers have a list of guidelines for home loan borrowers, they also have a long list of requirements for condominiums. Find out if your condo project is eligible for standard home loan financing or is a non-warrantable condo. We have a little of both in Port Townsend and Jefferson County, WA!
So you want to buy a fixer upper.
There is a fine line between a home that needs a little work and a home that is not financeable.
Appraisal Cheat Sheet
The appraisal process is subjective. There is no list of repairs that every appraiser will require. But these are the kinds of repairs an appraiser is likely to require.