Obama’s stimulus plan has been announced to assist current homeowners maintain their home to prevent foreclosure. The plan details are due March 4, 2009.
First Time Home Buyers Tax Credit Update
Updates to the first time home buyer tax credit as of February 2009. Educate yourself before you do your 2008 taxes.
Government FHA Mortgage Updates
Seattle home buyers and owners looking to finance with FHA need to consider some of the new guideline changes. Here are a few changes to consider, credit score requirements, down payment increase, income qualifications.
Seattle Home Show February 14 – 22, 2009
Seattle Mortgage Reel wants to help spread the word for the Seattle Home Show taking place on February 14-22. As the nation’s longest running and largest consumer home show, the Seattle Home Show offers Northwest residents a “one stop shopping” experience in home products and services.
How much should Seattle homeowners pay for a low mortgage rate?
Seattle Mortgage Reel provides a easy to understand presentation on how to maximize home owners closing costs to secure the best rate on a 30 year fixed conventional mortgage.
Seattle home buyers getting off the fence
Low mortgage rates entice Seattle home buyers to jump into the market. The perfect combination of low mortgage rates and flat home prices is a buyers dream in Seattle.
No Down Payment Options May Be Available For Your Next Home Purchase
USDA home loans are 100% financed back by the Government. Under the terms, the borrower may borrow up to 100% of the appraised value of the home, which can possibly eliminate the need for a down payment.
Buying A Home In Seattle? Increase Your Purchase & Savings Power Today!
The Seattle Real Estate market has aggressively priced homes and interest rates have recently dropped. Now is the time to buy a new home! Take advantage of a great long term home loan and a great low price.
Do You Have A 2nd Mortgage?
Banks are restructuring 2nd mortgages (Home Equity Line of Credit – HELOC) for current home owners in Washington. A decrease in home values in certain cities has the banks decreasing the available credit on HELOCS. Depending on your goal for the HELOC, take action before the bank does.
Real Estate Commissions & Home Inspections
Home Buyers Education on two frequently asked questions when purchasing real estate in Seattle, Bellevue and greater King County. These questions have been unclear until you enter into the buying process. Who pays for the real estate agents commission? When is the home inspection paid for? Is it part of my closing costs? Find out the answers to these questions by viewing TheMortgageReel education video blog. Please provide feed back or ask questions.