Finding the right home can be a challenging and overwhelming task, especially for first-time buyers. However, with careful planning and consideration, you can find the home that best fits your needs and allows you to live comfortably and happily. The first step in finding the right home is to determine your needs and preferences. MakeContinue reading “How to Find a Realtor in 2023”
Author Archives: Debra Teal
Powerball Winner From WA State
The 5th Largest Powerball in History A Powerball ticket sold in Washington state that won the $754.6 million jackpot on Monday night, marked the 34th drawing for the current jackpot. The winner can either choose the annuity option of $747 million paid out over 29 years, or the cash option of $407.2 million before taxes.Continue reading “Powerball Winner From WA State”
Real Estate Market 2023
Seattle, WA – February 7, 2023 Urban Areas and Real Estate Demand Mortgage Rates in 2023 Urban Areas and Real Estate Demand: The Truth About Affordability In recent years, the demand for Real Estate in walkable urban areas has continued to grow. As a result, cities and policymakers are looking for ways to develop moreContinue reading “Real Estate Market 2023”
Mortgage Rates Today
Mortgage Rates as of Feb 20th, 2022. Seattle, WA For a 30 year fixed mortgage, the average rate increased 20 basis points to 4.19%, compared to just a week ago. To refinance your current loan, the average rate for a 30-year fixed refi rose to 4.20%, which was an increase of 18 basis points for the lastContinue reading “Mortgage Rates Today”
2022 Seattle Real Estate Forecast
Our prediction for the 2022 Real Estate Market in Seattle Here’s our Prediction: Not only will the inventory remain low, we should continue to see historically low rates, give or take a point or less. Homes have been quickly snatched in less than a day for years now, and that trend will not change. TheContinue reading “2022 Seattle Real Estate Forecast”
Renting vs Buying
Still on the fence about purchasing your first home? We’ll list some of the best reasons to become a homeowner Why you need to become a Homeowner sooner than later! 1. Homes build equity, rental payments do not2. A home is both an investment and a living space3. The interest that you pay on yourContinue reading “Renting vs Buying”
How to Find a Good Realtor in 2022
How do you find a good Real Estate Agent? How do you know which Realtor to use when buying or selling a home? This guide will help you know what to look for when considering which Realtor to use. We interviewed hundreds of people, and are giving you the good, bad and ugly we discovered in how others went about finding a Realtor.
Covid-19 and Forbearance
What You Need to Know Borrowers should be aware that Forbearance is not forgiveness of debt. Section 4022 of the Cares Act explains how lenders are to handle Borrower’s missed mortgage payments due to Covid-19. It is somewhat vague, and leaves quite a bit of gray area. First and foremost, be aware that if youContinue reading “Covid-19 and Forbearance”
Can You Really Save Money with a Bi-Weekly Mortgage?
You’ve heard the claims that a Bi-weekly Mortgage can save thousands and cut down your mortgage between 4-8 years. How do you do it? Enticing ads have been circulating more frequently that you can “Save you thousands” of dollars on your 30 year mortgage and shave 4-8 years off your home loan? More and moreContinue reading “Can You Really Save Money with a Bi-Weekly Mortgage?”
Is Selling For Sale By Owner A Good Idea?
This could be fun she said. Or, very costly. FSBO (pronounced FIZZ-bo), or For Sale By Owner, is a way of selling your home without the use of a professional real estate agent or broker. The idea behind FSBO is that by selling your home yourself, you save the approximate 6% that would be bothContinue reading “Is Selling For Sale By Owner A Good Idea?”
Debra Teal | Seattle Real Estate Link 