WHERE THE HECK DID THE GOOD INTEREST RATES GO?!!

Published in October 15th, 2008

Posted by admin in Banking industry, Loans

Ok…..so we’ve dumped billions of dollars into the bank in hopes of stimulating the economy and have now promised to buy up bank stocks in order create stability. I thought this was supposed to make the banks willing to lend more money? Anyone else confused as to why there has been a sudden major increase […]

Is the Bailout going to work?

Published in October 6th, 2008

Posted by admin in Banking industry

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Is the $700 million dollar bailout going to work? Very interesting question and the answers vary from analyst to analyst. In my opinion, there are way too many wild cards to fully predict the outcome at this time. So, the government is going to buy up all the “bad” mortgages and now the banks will […]

Outrageous WAMU severance packages!

Published in October 2nd, 2008

Posted by admin in Banking industry

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Recently the words of “golden parachute” and “executive severance” have been common place in the media. In regards to outrageous WAMU severance packages, the following is what has been reported:
The WaMu executive with the biggest termination package is Stephen Rotella, president and chief operating officer, who is entitled under his current employment agreement to a […]

New Listing! North Bothell Town-Home for $329,950!

Published in July 29th, 2008

Posted by admin in Bothell, Hot Properties

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CLICK HERE FOR MAPQUEST DIRECTIONS
21602 9th Ave SE #A101
Bothell, Wa
$329,950
Great Buy on this Bothell Town-Home!!!
Just off of the Bothell-Everett Highway and just north of I-405, this townhome affords a large amount of space for a very reasonable price, with privacy! An end unit this Bothell Town-Home features a 2-car garage and a private back patio […]

Is there any 100% Financing Left?

Published in June 19th, 2008

Posted by admin in Loans, Zero Down Loans

1 Comment

Believe it or not, the answer is yes. However, it is not quite as obvious as before. Gone are the days of 80/20 loans, 100% stated loans, or reduced documentation loans. We are now back in the realm of Government subsidized loans. FHA loans are making a strong come […]

Be honest with new construction real estate agents.

Published in May 29th, 2008

Posted by admin in Uncategorized

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When visiting a construction site, be honest with site agents as to whether or not you have an agent already. You’ll not be denied a showing just because you are to have an agent already. Many of the site agents do not represent the builder but are there in the hopes of meeting new buyer […]