Your credit report and score are integral to securing the best terms for a mortgage.
Here are some tips from the president of credit bureau TransUnion.
SARAH SKIDMORE SELL
The Associated Press
It may be winter now, but the spring house-hunting season is just ahead. John Danaher, president of consumer interactive at credit bureau TransUnion, says that makes this the perfect time for home-seekers who want the best terms and rates on a mortgage to take control of their credit.
TransUnion is one of the three major credit bureaus, which keep track of and provide consumer credit reports. Your credit report and score are integral to securing the best terms for a mortgage.
Scammers are hacking into agent email accounts to track transactions and closings
BY MARIAN MCPHERSON Staff Writer - Inman
Although technology has made real estate transactions quicker, more seamless and increasingly transparent, it has also made buyers and sellers vulnerable to hackers and scammers looking to make a quick buck.
In many cases, scams involve criminals posing as real estate agents asking naive buyers for an upfront fee for services in exchange for a quick turnaround time. Other tactics include sending fake emails from associations as a way to gain access to an agent’s personal information.
According to the Miami Herald, real estate agents and their clients have yet another form of
Conditional Use permit approved - Snoqualmie Affordable Housing Project finds itself one step closer to reality.
In Danna McCall's recent article in Living Snoqualmie, she details that the proposed Snoqualmie Valley affordable housing project has moved one step closer to reality.
"The City of Snoqualmie posted a Notice of Decision this week stating that a Hearing Examiner has signed off on a Conditional Use Permit requested by Panorama Apartments, LLC for their proposed 191-unit Affordable Housing development to be located in the Eagle Pointe neighborhood of Snoqualmie Ridge. Panorama is a subsidiary of DevCo, which also built Discovery Heights in the Issaquah Highlands". You can read the full details of her story HERE.
As unfortunate as it can be when homeowners fall behind on mortgage payments and must face the possibility of losing their homes, short sales and foreclosures provide them options for moving on financially. The terms are often used interchangeably, but they’re actually quite different, with varying timelines and financial impact on the homeowner. Here’s a brief overview.
A short sale comes into play when a homeowner needs to sell their home but the home is worth less than the remaining balance that they owe. The lender can allow the homeowner to sell the home for less than the amount owed, freeing the homeowner from the financial predicament.
On the buyer side, short sales typically take three to four months to complete and many of the closing and
FIVE REASONS TO SELL YOUR HOUSE WITH NW REAL ESTATE - THE CASCADE TEAM
In today's market there is plenty of chatter about how strong the market it, how little inventory is and how hard it is for buyer's to find a home. It would make one think that putting sign out in the their front yard would be all they needed to do. This isn't the case at all though many potential sellers are being pulled by online advertising that speaks to how easy and simple it is. Let's be clear, it's not that easy and not that simple.
Others are being pulled by agents representing full price brokerages through promises of services we either offer at no additional cost or that they say 'they are paying for' but in reality the client is paying for that added service in the
This mornings News Tribune published a very informative article about the supply of available homes in King, Kitsap, Pierce and Snohomish counties. This is how bad it is if you're looking for a house. The shortages are now reaching critical levels states the Northwest Multiple Listing Service. I'll bullet point some of the article and for the full story you can read it online at The News Tribune.
*Gridlock in the Puget Sound housing market. Virtually sold out of inventory and there's a pipeline of stalled buyers.
*Shortage of available homes is causing a Frenzy. This continue to be an historic time for the real estate economy.
*The figures tell the story. See The News Tribune Article. Very informative!
When selling a home getting it to the top of search results is critical. Yahoo and Zillow form the largest real estate network on the web* and getting to the top of their results greatly benefits sellers. Top placement is critical because buyer searches often return 20 pages of homes to look through. Think of your own search habits. How often do you plow through 20 pages of results?
If you interview agents to sell your home, most say they will advertise it with Yahoo and Zillow. Don’t be fooled and think this is an advantage because it isn’t. The vast majority are just placing free ads on those sites. Those free ads are relegated to the back of the line in search results. There is only one way to get to the top of results with these two sites and that