Below you will find useful information;  If you are either in a Short Sale or contemplating one, here is an idea of what will happen to your buying capability.  Here is the answers for Conventional, FHA, VA, USDA.

How Do We Handle A Short Sale Transaction

The Cascade Team connects our clients with our in-house short sale department to work with you throughout the process. Because we are not attorney's or credit counselors, we have negotiated to provide our clients a FREE attorney consultation  to provide information on the impacts of a short sale, credit implications, concerns regarding deficiencies, etc.  There is NO COST to you for this service.  In addition, our short sale team will work with you to ensure all the information required by the…

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Daily Real Estate News | Wednesday, January 23, 2013  

Forget the myth that winter is a bad time to sell real estate. While sales usually inch lower in the cooler months, some real estate pros are saying this winter in particular may be a great time to sell a home. 

Here’s why: 

1. Mortgage rates are near record-breaking lows. 

2. Home prices are starting to rebound in the greater . The NWMLS reported that home prices in December were 8.5 percent higher than a year earlier. 

3. Homes still remain a good deal: Prices are rising but remain mostly below 2007 highs, and in many areas, the cost of buying…

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A huge congratulations to our very own Shane and Anne. They officially tied the knot last night!

It was a beautiful ceremony! Here to to all the happiness and success in the world! Shane's speach mademost of the room cry and Anne you looked stunning! We are so proud to have you both as part of our family here at The Cascade Team!

 

shaneandanne@thecascadeteam.com

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Now Is The Time!

Interest rates remain at all-time lows as the

Federal Reserve continues to use their balance

sheet to buy mortgages and keep rates low.

Interest rates are likely to rise when the economy

has enough momentum to sustain growth

without the help of the Fed.

 

No one knows

for sure when that will happen but now

is a great time to take advantage

of these interest rates.

Start your search for your new "Dream Home" HERE

Have you found the house of your dreams yet? If you've found a property you love, you now need to decide how much you're willing to offer. You want to be conservative enough that you get a good deal, but you don't want to bid so low that you risk losing the house. The following are some questions…

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Daily Real Estate News | Friday, January 18, 2013  

Mortgage rates mostly remain unchanged this week from last week, staying low and keeping home buyer affordability high, Freddie Mac reports in its mortgage market survey. 

"Mortgage rates were flat to down a little this week amid reports that inflation remains contained,” says Frank Nothaft, Freddie Mac’s chief economist. 

Freddie Mac reports the following national averages with mortgage rates for the week ending Jan. 17: 

  • 30-year fixed-rate mortgages: averaged 3.38 percent, with an average 0.7 point, dropping from last week’s 3.40 average. A year ago at this time,…

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Daily Real Estate News | Friday, January 18, 2013  

The Consumer Financial Protection Bureau released new guidelines for mortgage servicers on Thursday that set out to help protect home owners who may be facing foreclosure. 

CFPB Director Richard Cordraysays the new rules are aimed at trying to prevent “unnecessary foreclosures” as well as “ensure fair treatment for all borrowers and establish strong protections for those struggling to save their homes.” 

Among the CFPB’s new guidelines: 

  • Mortgage servicers are prohibited from foreclosing on a home owner who is seeking loan modifications. Servicers will be unable to file a…

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$ 559,000 - 7508 Snowberry Avenue SE , Snoqualmie

 
  Bedrooms : 4
 
  Bathrooms : 2.5
 
  Sq. Footage : 2,920
 
  Year Built : 2004
 
  Garage Spaces : 3
 
  Type : Residential
 
  MLS® Number : 438966
 
 
 
 
OFFERED BY: PROPERTY DESCRIPTION:
  Becky Lower
Real Estate Broker
425.785.5893
Schedule a Showing
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Panoramic mountain views grace this stunning, light-filled, DR Horton…

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Northwest MLS brokers report nearly $20 billion in sales for 2012 outgaining prior year by $3.2 billion

KIRKLAND, Wash. (Jan. 17, 2013) –

Members of Northwest Multiple Listing Service tallied 64,624 closed sales of single family homes and condominiums during 2012, improving on 2011’s volume by 8,332 transaction for a gain of nearly 15 percent.  

 

Last year’s completed sales included 55,699 single family homes and 8,925 condominiums. Together, these sales were valued at more than $19.9 billion, which compares to the previous year’s total of around $16.7 billion (up nearly 19.6 percent). 

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