Keller Williams Greater Seattle, Ben Kakimoto, Seattle Condo Agent

Mortgage

FHA Mortgage Insurance Premium Increases

By on March 13, 2011 in Feature, Mortgage, Real Estate with 2 Comments
FHA Mortgage Insurance Premium Increases

FHA’s monthly mortgage insurance premium rate will increase as of April 18, 2011 by 0.25%, which could increase monthly mortgage payments by as much as $100.

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Mortgage Credit Certificate Tax Credit

By on March 2, 2011 in Feature, Mortgage, Real Estate with 1 Comment
Mortgage Credit Certificate Tax Credit

The Mortgage Credit Certificate is an often overlooked tax credit that’s worth $1000s for first-time home buyer’s.

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HOA Foreclosure and the FHA Squeeze

Linkage: Condo HOA’s foreclosure option for delinquent owners; FHA changes create resale challenges for condo sellers.

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FHA Condo Approvals Set to Expire Soon

By on October 26, 2010 in Feature, Mortgage, Real Estate with 5 Comments

Time is running out for FHA condo recertification of hundreds of Seattle area condos. If your building was approved for FHA prior to October 2008, it must be recertified to keep its approval status.

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Mortgage Help Day – October 2, 2010

Mortgage Help Day – October 2, 2010

Mortgage Help Day connects homeowners facing foreclosure with their lenders and HUD-certified counselors to help remedy their situation.

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FHA Mortgage Insurance fees changing Oct 4th

By on August 17, 2010 in Feature, Mortgage with 0 Comments
FHA Mortgage Insurance fees changing Oct 4th

FHA to adjust mortgage insurance premium fees effective October 4, 2010.

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Seattle condos gain FHA approval

By on May 31, 2010 in Feature, Mortgage, Real Estate with 4 Comments
Seattle condos gain FHA approval

FHA condo approvals are on the rise. Over 60 Seattle condos gained approval this year alone…so far.

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FHA Announces New Changes

By on January 20, 2010 in Feature, Mortgage, Real Estate with 2 Comments
FHA Announces New Changes

FHA, today, proposed significant changes to its program in order to reduce its risk, which will increase costs for borrowers.

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FHA condo guideline changes

By on October 16, 2009 in Feature, Mortgage with 3 Comments
FHA condo guideline changes

Effective December 7, 2009 November 2, 2009, FHA will introduce changes to its condominium approval process and eligibility guidelines.

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Sale concessions can lead to higher down payment

By on June 17, 2009 in Feature, Mortgage, Real Estate with 0 Comments
Sale concessions can lead to higher down payment

When negotiating sales concessions on a purchase, be aware that it can affect the down payment amount.

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