Financial News
Tax Credit Extension & Expansion - get the facts
Friday, November 6th, 2009The bill is on the way to the President and should be signed today. What does it mean to you if you are a First Time Homebuyer or Move-up Buyer? (Or someone wishing to sell your home to these groups of buyers!)
The National Association of Realtors has created this easy to read table that shows the […]
Why buy now? Don’t miss these interest rates!
Friday, February 13th, 2009Why Buy Now?
Money is Available. Rates are at historic lows. Inventory is High.
Still Waiting?
Monday, January 26th, 2009
Wow - check out the loan rates!
Wednesday, November 26th, 2008Here are the rates that my lender sent me today - they change daily, but if you are thinking about buying, now is the time to do it while the rates are low and housing inventory is high!
30 Year fixed FHA / VA: 5.5%
30 Year fixed Jumbo FHA: 6.5%
30 Year fixed conventional conforming: 5.25%
Conventional […]
Bailout - Who is eligible for loan help?
Wednesday, November 12th, 2008Lots of articles, lots of talk about the bailout - are you still confused as to whether you are eligible for help?
Here is a quick summary for your reference.
FHA Plan (This applies if you have FHA financing through any number of lenders) Lenders will modify interest rates or forgive a portion of your principal, […]
VHA Loan Limit has increased!
Saturday, October 25th, 2008Great news if you are a Veteran!
On October 10th, 2008, the President signed Public Law 110-389, the Veterans’ Benefit Improvement Act of 2008. This law allows for $0 down payment loans in qualified counties to go up to $567,500in King, Pierce & Snohomish counties - on loans closed through December 31st, 2011.
What a fabulous time […]
“Be Fearful When Others are Greedy, Be Greedy When Others Are Fearful”
Wednesday, October 22nd, 2008This quote comes from Warren Buffet in a recent Op-Ed piece in the October 17th New York Times Post. In the article Warren discusses the stock market and the history of booms and depressions and the value to be had if you invest in the recovery. He is referring to the stock market and makes […]
Where are the best deals in Real Estate?
Sunday, October 19th, 2008We all know that it is a buyer’s market and that inventory is high. The homes that are selling are the ones that are priced aggressively and are move-in ready - buyers can be selective.
But what about the homes that aren’t selling? The best deals aren’t the foreclosure homes, they are the homes that have […]
Financing Program Changes - October 1st (What Buyers need to know)
Sunday, August 31st, 2008October 1st is an important date to be aware of, especially if you are a buyer.
FHA Risk Based Pricing System: Most borrowers will ay 1.75% of the loan amount, up from 1.5% because the FHA is adopting a “risk-based” pricing system based upon borrowers’ credit scores and the amount of their down payment or equity. For […]
Are WE in a Housing Crisis?
Wednesday, August 13th, 2008It is hard not to believe that we are in a housing crisis when we hear that message from so many media sources and it is repeated by our friends and family.
But what really is going on locally - because housing is a local issue.
How big of an issue is foreclosure locally?
Here is a great video […]
Top 10 Reasons to Move Up in a Down Market
Wednesday, August 13th, 2008
There is a large selection of move-up houses and a smaller selection of entry level homes.
Patience is tolerated—you can take your time to look and think about your decision. Making an offer contingent upon the sale of your home has become acceptable again.
You can make offers under list price and bidding wars are rare —buying […]
What does the Housing & Economic Recovery Act mean to me?
Thursday, August 7th, 2008The Housing and Economic Recovery Act
This week, President Bush signed the “Housing and Economic Recovery Act of 2008″ into law. This $300 Billion rescue plan is aimed at helping struggling homeowners avoid foreclosure, as well as boost confidence in the housing market. Although the bill is several hundred pages long and contains a number of […]
Woodinville Business Update - Columbia Winery
Saturday, June 14th, 2008Columbia Winery in Woodinvillealong with its sister winery Covey Run has been acquired by Ascentia Wine Estates, a newly formed private company based in California. Columbia Winery has been making wines in Washington since 1962 and was the first to produce several varietals in the state, including Syrah, Cabernet Franc and Pino Gris.
Columbia’s tasting room […]
Stimulus Check Deals
Monday, June 2nd, 2008How are you spending your Stimulus check (if you get one)?
Retailers Looking For Some “Stimulus”…Here are the deals that retailers are using to try and encourage you to spend your stimulus check with them.
Sears. If you use your stimulus check to purchase a gift card, you receive an additional gift card worth 10% of your […]
Buy Now - Housing Assistance Programs Can Help
Thursday, April 17th, 2008Have you heard the commercials? There are some great resources out there for buyers to get some financial assistance so you can take advantage of this market. If you’d like a free copy of the Washington Realtors(r) Get the facts: Your First Home booklet, just let me know!
If you are interested in the various housing […]
Do you know someone who needs a Scholarship?
Tuesday, February 5th, 2008The Windermere Foundation Scholarship is designed to encourage and recognize high school students who show determination in seeking to continue their education while contributing within their communities to help those who are homeless or at risk of being homeless.
Priority is given to those students who themselves are at risk financially and without the help of […]
Don’t miss this move-up opportunity
Monday, January 28th, 2008Are you thinking about selling your current home so that you can upgrade to a home that fits your growing family or is your dream home? If this is the case - you should seriously consider doing it in the next few months because the timing is perfect.
Supply & Demand- there are always more buyers who […]
What does it mean to you when the Fed cuts rates!
Saturday, January 19th, 2008We all hear in the news the speculation that Ben Bernanke and the Federal Reserve Bank might cut rates - but do we all really know what that means?
Specifically, for those of you who are considering purchasing a home, refinancing ,or opening a Home Equity line of Credit - the rate change might not have the impact that […]
Are you up-to-date on the Northshore SD $3.4M Budget Shortfall?
Tuesday, January 15th, 2008Last Tuesday, the Northshore School Board voted to do the analysis that may lead to the closure of one of the Woodinville Elementary Schools. If that option is selected all schools will likely be impacted as the children/programs from the school that is closed are shifted to other schools. Also - if they decide not to close one […]
Welcome!
Thursday, October 11th, 2007Welcome to my website where you can find all the information you need to know about Woodinville - the community, the resources available to you, the neighborhoods and information specific to Woodinville kids. I will be adding to this website on a regular basis - so check back and see what’s new! If you have […]