None of that fake stuff! Wells Fargo and Mr. Cooper eliminate mortgage jobs, study warns of declining home sales and slowing prices, purchase originations expected to increase in 2019, and the government shutdown impacts home buying.
Real estate prices are cooling in Washington and on the Olympic Peninsula. In Seattle, price reductions are becoming more common than multiple offers. Port Townsend and Jefferson County is sure to follow suit.
It's important for the real estate agent and mortgage loan officer to have processes and procedures in place to discourage fraud. As such, a buyer's mortgage paperwork shouldn't pass through the hands of the REALTOR if it can be helped.
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.
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!