Real Estate Professionals

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!

As soon as the money is received, the crooks wire it out of the country and that money is gone.

Fannie Mae released a new version of their automated underwriting system in July. Improvements should benefit self-employed borrowers, those with disputed accounts, borrowers with new jobs, and those with higher debt to income ratios.

The "new" HomePath ReadyBuyer program might get your buyer $3,000 to use toward his closing costs.

Every day, we're hearing about new subprime and Alt-A mortgage options. But the subprime market today looks vastly different from the old subprime market. The days of stated income loans, where a borrower's income was never confirmed, are over.

In nine minutes, I was able to double check the numbers, create a pre-approval letter, and email it to my customer and her real estate agent - all without having to move from my perch on the couch.