Keller Williams Greater Seattle, Ben Kakimoto, Seattle Condo Agent

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Seattle condos sell for 10% less than listed

Seattle condos sell for 10% less than listed

On average, Seattle condos sell for 10% less than the original list price.

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Search for FHA Approved Condos

By on July 23, 2011 in Feature, Home Buying, Real Estate with 0 Comments
Search for FHA Approved Condos

We’ve enhanced our online home search – you can now search specifically for FHA Approved condos in the Seattle area.

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Deadline Ticking for EHLP’s Forgivable Bridge Loan

Deadline Ticking for EHLP’s Forgivable Bridge Loan

The deadline for HUD’s Emergency Home Loan Program for at-risk homeowners facing foreclosure is coming up this Friday.

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FHA and Conforming Loan Limits Expected to Reduce

By on July 6, 2011 in Feature, Mortgage, Real Estate with 2 Comments
FHA and Conforming Loan Limits Expected to Reduce

The FHA and conforming loan limits are expected to reduce by $61,500 effective October 1, 2011.

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Historic Mortgage Interest Rates

By on May 16, 2011 in Feature, Mortgage, Real Estate with 1 Comment
Historic Mortgage Interest Rates

Mortgage interest rates are at a year-to-date low, the lowest in 20 years. Plus, Wells Fargo offers a 3% down no mortgage insurance program.

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Resale Certificate Fee Cap Increased

Resale Certificate Fee Cap Increased

The fee cap for condo Resale Certificates in Washington State to increase 83%.

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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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