Tips to help you make a smart buy on a new house

Tips to help you make a smart buy on a new house

Buying a new house brings up different issues than buying a pre-owned home. You have access to more information on building materials and systems than a subsequent buyer. But unknowns lurk: What will the completed neighborhood look like? Will it include all the features promised in the brochure?

Bottom line: Buyers need to research a different set of questions before making an offer on a new house.

If you’re vowing “out with the old and in with the new,” here are some tips to help you make a smart buy on a new house.

Read More on The Seattle Times…

Are you looking to buy? Check out our Homeownership Simplified section a for information & tips on buying a house in Washington State as well as our handy calculators to figure out potential mortgages, closing costs, and more!

Homebuyers need to steer clear of FICO-score potholes

Homebuyers need to steer clear of FICO-score potholes

Experts in the credit-reporting field say that despite FICO’s good intentions, bad things can happen on inquiries — requests by lenders and others to pull your national credit-bureau reports.

In a marketplace where lenders are demanding record-high FICO credit scores — Fannie Mae and Freddie Mac are averaging around 760 on approved mortgages this year — are you a little fuzzy about what can push your scores up or down?

Read More on The Seattle Times…

Are you thinking of buying a home? Now is a great time with this market and interest rates so low! Check out our Homeownership Simplified section a for information & tips on buying a house in Washington State as well as our handy calculators to figure out potential mortgages, closing costs, and more!

Should You Rent or Buy?

Should You Rent or Buy?

Have these low prices and historic interest rates have you wondering if you should buy rather than rent a home? Check out our helpful video to follow the adventures of Bob and Sally as they learn about renting versus buying a home.

Learn even more about buying a home here and then check out our handy calculators to figure out how much you can afford, possible mortgages, closing costs, and more!

Move up or Stay Put?

Move up or Stay Put?

Between price reductions and record low interest rates, many homeowners are asking themselves if now is a good time to move up.

Buying under today’s conditions can mean getting more home for less buck. You’ll pay a smaller amount of interest over time and can snag that dream home for a fraction of it’s boom era price. Additionally, with the large number of distressed homes on the market, you may even find a home at a steep 10 to 20 percent discount.

Before you start mentally decorating that dream home, however, you should consider what “moving up” means for you. For some buyers, moving up means a better neighborhood. For others it means a bigger home with more space or amenities.

Read More on Realty Times…

Thinking of moving up? Check out our handy calculators to figure out potential mortgages, closing costs, and more!

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