Simple, powerful and efficient way to search for your new home.
HomeSpotter is the best way to search for your new home. The real estate market in the Greater Seattle Area is one of the best in the country. It is vibrant, competitive, and complex. Recent stats indicate that it is also enjoying substantial gains that are well above the national average. Things have improved […]
Buyer anxiety keeps rising
High Demand and Low Inventory Buyer anxiety keeps rising: This article about high buyer demand and low inventory was originally published on April 6, 2015. Two years later, buyer demand is higher, inventory is lower and prices have climbed more than 20%. KIRKLAND, Washington – Buyer anxiety is rising as the pace of home sales […]
Five Reasons Why You Still Need A Real Estate Broker
How Does Your Credit Score Impact Your Home Buying Experience?
Mortgage lenders want to have a complete picture of your history of repaying debts. They do this by obtaining your credit reports from each of the three major credit bureaus. The credit report that the mortgage lenders use is called a tri-merge report. It is also known as Residential Mortgage Credit Report (RMCR). It is […]
Factors That Impact Your Ability To Borrow
How Ability to Repay is Calculated I wrote this blog many years ago. While there has been some improvement in simplifying the information that consumers get to better understand the process, there continues to be confusion about how lenders make their decisions. I felt it would be useful to repost it. Lenders take two critical […]
December 2015 market Report
“Intense” Holiday Market Latest News Release By NWMLS KIRKLAND, Washington (December 4, 2015) – Inventory remains “critically low,” but there are fewer house-hunters in the hunt during this holiday season so motivated sellers and buyers are seeing success, according to brokers with Northwest Multiple Listing Service. Its just-released statistics for November show year-over-year gains […]
Mortgage Broker Ping Pong – It’s the Interest Rate Game – Do You Know How to Play to Sell?
As a mortgage broker, you are guaranteed to enter into the ping-pong interest rate game. Are you prepared so you reduce your risk of losing the sale, without losing your commission at the same time? Let’s make sure by looking at the all-too-familiar scenario. A mortgage broker quotes a potential borrower the best rate available […]
Streamlining the Mortgage Application Process Improves Loan Closure Rate
This blog post was originally converted from an article that I wrote during the time when I owned a mortgage bank. Your ability to borrow money is the single most important factor whether you plan to buy a home on the Eastside or anywhere else in WA. These requirements have not changed significantly, thus I […]
Mortgage Broker vs Real Estate Agent | What’s the Difference?
Real Estate and Mortgage Professionals Have A Symbiotic Relationship Smooth, on-time, and hassle-free closings are critical to growing a business as a realtor. In fact to your very survival in the industry! If you are a good real estate broker, you work very hard to get a planned transaction to the contract stage. Once your […]
Millennials and home ownership
Path to homeownership: Millennials’ attitude towards housing and their path to homeownership has been a hot topic for some time. Several theories have been floating around as to what is their attitude towards homeownership, what is the rationale behind their thinking that way, and how is it going to impact the housing market, and […]