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2011 November · WAHomeowners.com

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10 ways to winterize your home

As the temperatures drop around many parts of Washington it is a good reminder to start preparing your home for winter.

This article 10 ways to winterize your home from The Seattle Times has some good tips to help get you started!

October home sales rose 1.4 percent but still weak

October home sales rose 1.4 percent but still weak

The number of Americans who bought previously occupied homes rose slightly last month but remained at depressed levels. And more deals are being canceled at the last minute, a sign that even those who are looking to buy are worried about the housing market.

Home sales rose 1.4 percent last month to a seasonally adjusted annual rate of 4.97 million, the National Association of Realtors said Monday. That’s below the 6 million that economists say is consistent with a healthy housing market and slightly ahead of last year’s sales – the worst in 13 years.

Read Story on KOMO…

With new FHA role, buyers must take hard look

With new FHA role, buyers must take hard look

After a year characterized by grumpy partisan gridlock, Congress came up with a Thanksgiving compromise that could change the mortgage choices of buyers and refinancers in more than 660 markets across the country: It raised maximum loan limits for the Federal Housing Administration (FHA) while leaving loan ceilings untouched for Fannie Mae and Freddie Mac.

In effect, this may make FHA the go-to financing option for borrowers needing loans up to $729,750 — with down payments as low as 3.5 percent — in high-cost areas of California; metropolitan Washington, D.C.; New York; New Jersey; and scattered counties in other states including Massachusetts, Florida and North Carolina. Fannie Mae- and Freddie Mac-eligible loans in those areas, meanwhile, stay capped at $625,500.

Read Story on The Seattle Times…

Check out our Homeownership Simplified section for more information, resources, and tips on buying a home in Washington!

Mortgage servicers making progress on fixing bad foreclosures

Mortgage servicers making progress on fixing bad foreclosures

Banks and mortgage servicers are making progress in improving their processes and contacting homeowners hurt by invalid or flawed foreclosures, the Office of the U.S. Comptroller of the Currency (OCC) reported.

The regulator released an interim report Tuesday on actions taken by 12 banks and servicers to comply with April consent orders that require them to correct deficient and unsound foreclosure practices.

Read Story on The Seattle Times…

Seattle Bubble | What a million bucks buys: west coast edition

Seattle Bubble | What a million bucks buys: west coast edition

Let’s have a look at what kind of house you could buy today for about a million dollars in a variety of locales around the Seattle area and elsewhere. For buyers who have the money to buy a home basically anywhere they want, what kind of home can they get around Seattle and elsewhere along the west coast? Let’s find out. 

Read Story on The Seattle Times…