October 2009 
There are 6 blog entries for October 2009.
Local Real Estate Broker Wins Big In Puyallup!
Tuesday, October 27th, 2009 at 4:45pm. 89 Views, 0 Comments.
Ok so the title might be a little misleading, But I want my day in the sun. Finally, after 5 years of training, I've managed to reach the very pinnacle of sporting competition! No, I didn't run a marathon, enter an iron man competition or climb Mt Rainier. With the help of my Son, I pulled off the unbelievable.
I hit the target at the Spooner Farms Pumpkin Slingshot!
I know it's difficult to see the target in this pic, but trust me it's there.
With expert guidance from my 5 year old son, we took steady aim and let it fly.
Together we watched as the pumpkin arched gracefully through the air and smashed into the target.
Success! Our prize was a giant pumpkin but the real prize is the memory of the day we ruled the pumpkin…
Foreclosed Home Search
Saturday, October 24th, 2009 at 11:03am. 97 Views, 0 Comments.
Foreclosed home search is now active and available on our home search www.brettsellshouses.com/idx
Here's a quick rundown of the different options available and why you may choose to use them.
1. Bank Owned/REO
By checking this box your search results will be limited to only those properties that are bank owned or reo's. Of course if you've been reading our site and blog, you already know that often, these are the real deals on the market right now. For those of you not familiar with the terms you can read more about them on our foreclosure page.
Because of the way banks handle their foreclosures, you still won't know whether these homes already have several offers or not. The best foreclosed homes sell in days and they sell to buyers that are…
Will the First Time Home Buyer Tax Credit be extended for all?
Tuesday, October 13th, 2009 at 6:45pm. 164 Views, 0 Comments.
Will the First Time Home Buyer Tax Credit be extended?
As we approach the deadline for closing on purchases to qualify for the First Time Home Buyer Tax Credit of $8,000, I am often asked what the chances are that the program will be extended. The answer to the question is always the same; your guess is as good as mine. However, I can give an update on what is happening in Congress where the decision will be made.
First, there is some very positive news from the U.S. House of Representatives. Last Thursday October 8, 2009 the House passed H.R. 3590, the Service Members Home Ownership Tax Act of 2009 by a vote of 416 to 0. This bill extends the First Time Home Buyer Tax Credit one full year for Military personnel (and some Civilian Federal workers)…
How To Videos
Sunday, October 4th, 2009 at 1:20pm. 118 Views, 1 Comments.
You may have noticed we've recently changed the look and feel of our website. We've included a lot of new information on the site as well as significantly upgrading the home search feature. I've put together a few short videos to help you navigate, search and utilize the home search.
Click here to watch our how to videos
Pre-Approved or Pre-Qualified?
Saturday, October 3rd, 2009 at 3:18pm. 120 Views, 0 Comments.
Is there really a difference?
Pre-Qualified, and Pre-Approved are two very different things, and yet the two terms seem virtually interchangeable when talking with Realtors, and Borrowers. Most Realtors know that they prefer to deal with someone who is Pre-Approved to someone who is Pre-Qualified, but when pressed, they are not sure of the difference. Although they may not know why, they are correct in wanting to deal with a Pre-Approved borrower more than one who is Pre-Qualified. The bottom line difference is that someone can be Pre-Qualified, and yet never be approved for a loan while someone who is Pre-Approved will rarely fail to close on a loan.
The answer can be found in the root of the two words: qualified, versus approved. The word…
Tacoma Condo Financing Changes
Thursday, October 1st, 2009 at 3:13am. 137 Views, 0 Comments.
Condominiums have always required more in the way of paperwork than a traditional single family residence, and much of the reasoning for the increased documentation is not well explained, or understood by many loan officers. On top of this, there have been a myriad of changes to overall lending guidelines in the past six months. Perhaps as a result, the recent updates regarding changes in the approval process for condominium projects seemed to fly under the radar for most.
The biggest change is that FHA is no longer going to allow Lenders to give a “spot” approval for an individual condominium residence, but rather will have to certify the entire condominium project. HUD will continue to keep their database of approved projects, but as…
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