Mortgage pricing is complex, particularly for the average home buyer who only deals with it once every 5-7 years. One of the most complex fees when obtaining a mortgage is something called Yield Spread Premium (YSP), which is easily missed or misunderstood by a home buyer. Put simply, YSP is the amount of money that [...]
Archive | September, 2009
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New Home Inspector Licensing Requirements for Washington State
On September 1, 2009, the first phase of the Washington State mandatory home inspector licensing program began. This is a major change to the home inspection industry in Washington, and a much needed measure of consumer protection for this critical piece of the home buying process. One of our favorite home inspectors, Bruce “MacK” MacKintosh [...]
FHA or Conventional Mortgage Financing – What is the difference?
We get a lot of mortgage-related questions from our home buyers, and often those questions are best answered by a mortgage expert. Today’s post is a guest post from Rhonda Porter, a Mortgage Originator who has helped a number of findwell clients with their home loan needs. She also writes one of our favorite local [...]
Bright and spacious 3-bed condo in Bothell
This bright and spacious condo in Braewood has an open floor plan and is conveniently located to Bothell, Kirkland and Woodinville. Live comfortably within this 3 bed, 1.75 bath with built-in desk and 1,173 sq ft of space. This condo has all new appliances and custom closet organizers throughout. This home backs to a green [...]
Seattle real estate apps for the iPhone – SMACKDOWN
I did a guest post today on Seattle Bubble which gives a rundown of the real estate search apps available for the iPhone in Seattle. We’ve got a plethora of iPhone apps in the Seattle, including Zillow, John L Scott, Coldwell Banker and Redfin. We don’t yet have our own iPhone app, so I thought [...]
Northwest MLS releases Seattle real estate statistics for August 2009
The Northwest MLS has released their Western Washington real estate statistics for August 2009. Continuing on positive trends from May-July, pending and closed sales continued to increase. Median prices for sold homes still show declines from last year, though prices do show signs of stabilization. Interestingly, it appears that the price range for sold homes [...]
