Category Archives: Mortgage

February 2025 Greater Seattle Real Estate Market Recap

March 7th, 2025 Article by Debra Teal Overall, there’s good news. Inventory is still low, which means that buyers are still able to buy homes. The only thing still inhibiting buyers ability to purchase a home, are rates. Although rates were ticking down at a healthy pace, it appears we may not see another rateContinue reading “February 2025 Greater Seattle Real Estate Market Recap”

The Right Choice: Why You Need a Real Estate Agent

In the world of real estate, a knowledgeable and experienced agent can be your guiding light. They offer invaluable expertise and support, making the buying and selling process smoother. From zero down programs to home listings, their expertise saves time and money. Choose a real estate agent to illuminate the path to your real estate dreams.

February Real Estate Market Recap in 2024

In February 2024, Washington State’s real estate market saw a 0.25% rise in interest rates, impacting both buyers and sellers. Despite a 2% decline in transactions, median home prices increased by almost 6%. Condominium sales surged by over 9%, with prices rising by 15% year-over-year. Overall, the market outlook appears cautiously optimistic.

How You Can Buy a House with Zero Down

You can achieve the American Dream of homeownership with little to no money down. Start by consulting a mortgage lender to improve your credit score and explore down payment assistance programs. Consider FHA, VA, or USDA loans, and be aware of additional costs. Working with a real estate professional can help you navigate the process wisely.

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?”