May, 2013 RSS Icon
Found 7 entries for May, 2013.

Interest rates and fees make mortgages more expensive than it should be.  It adds thousands of dollars more than the original mortgage amount you asked for.  There’s more to finding low interest rates than a good credit score, paying debts and meeting requirements.

Shop around for mortgages with good interest rates and fees.  Ask lenders about their mortgage rates (including interest) and compare three-five offers.  Gather important information during that chat over the phone or that face-to-face visit.  Surprise fees like closing costs, title insurance, legal fees, application fees, appraisal costs and pre-paid interest.  Gather the APR (annual percentage rate) and finance charges.

When comparing interest rates learn how interest rates are

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Longview Washington is ideally located between Portland, OR and Seattle, WA offering residents and visitors a wide range of activities and year-round opportunities. Longview is the largest city in Cowlitz County with approximately 36,648 residents according to the 2010 census and 102,478 countywide. 

Because of Longview’s close proximity to Seattle, Portland, the Cascade Mountains and the Pacific Ocean it has long been a desirable location for residents looking for a small town feel while offering a quick drive to several top destinations.

Longview’s local and primary multiple listing services (MLS) is the Northwest MLS (NWMLS).  The NWMLS breaks up the city into twelve different areas and neighborhoods including Broadway, Highlands, St Helens,

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For those who have the privilege to call Southwest Washington home, boredom is a word that is rarely uttered. The area boasts an exceptional collection of sights, activities and attractions that keep both residents and visitors busy all year round. Whether you enjoy hiking, fishing, shopping or relaxing on the beach, you’ll find plenty of things to do in Washington. Browse the following Washington state area info to discover some of the perks of living and playing in Southwest Washington.

Mountains

While most coastal states boast breathtaking shorelines, Washington takes it one step further with some of the most beautiful mountain ranges in the world. Residents of the southwest corner get the perk of waking up every morning to a view that others can

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Northwest MLS LogoNorthwest Multiple Listing Service members notched their highest volume of new listings since June 2011, but the additions did little to ease inventory shortages. Brokers also reported the highest volume of pending sales since May 2007, along with anecdotes of bidding wars.

“Multiple offers have become the new normal,” remarked MLS director Diedre Haines, the Snohomish County regional managing broker at Coldwell Banker Bain. “We have literally gone off the charts in absorption,” she stated, adding the dip in pending sales in that county “is all due to lack of inventory.”

Haines also reported low appraisals remain a problem as appraisers struggle to keep up with the fast paced activity and increasing values.

Northwest MLS figures support Haines’

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Selling your home in a tough economy is never easy. While getting buyers in the door is difficult enough, getting them to really see the house’s potential can be even harder. It’s important for buyers to be able to see themselves living in the home and to recognize the potential in every nook and cranny. In order to make your home more attractive to potential buyers, you may want to think about small improvements you can make that will make a big difference. Even if you’re living in your home while you sell it, you can take advantage of these simple tips to help potential buyers see your home the way you see it.

Clean

While cleaning your home before showing it seems pretty obvious, it’s even more important for sellers living in their homes to keep on

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In the last year, it has become much more difficult to find a great deal on a house.   Many buyers looking for a home are a bit overwhelmed at how fast the market has changed due to low inventory.  There are still some good deals out there and HUD homes have some of the best prices around.  HUD homes are properties that had an FHA loan that was foreclosed on. Because the government insured FHA loans, many of these properties go back to the government.  HUD homes can be a great opportunity for owner occupied buyers because HUD gives priority to owner-occupied buyers over investors.  This article focuses on the owner-occupied process for HUD homes, but I also detail the investor process in my Investors Guide to Purchasing HUD Homes.

If you are thinking

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Before you start looking for a home, consider the mortgage options you'd be able to accommodate.  When you figure out your financial constraints and the influence of other factors on the kinds of loans you'll be able to accept, you'll be in a better position to find a dream home that you can also pay for.

Income, savings and employment

What's your income and current employment situation? How much money do you have in savings? Your income, savings and job stability affect the amount of money you can hand over as a down payment and your ability to handle monthly mortgage payments and interest rates, including whether you choose a mortgage option with fixed vs. adjustable interest rates. 

To get a general idea of how much you're able to pay each

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