Resources
FHA to Reduce Annual Mortgage Insurance Premiums
FHA to reduce the annual mortgage insurance premium as of January 26, 2015.
Is Your Condo Ready for Inspection?
When you’re ready to sell your condo, there are several things you need to prepare for. One of the most important is the buyer’s inspection.
Finding an Inspector for Your Condo Inspection
Many people purchasing condominiums don’t believe they need a home inspection, but there are systems unique to each condo that you need to have inspected before you buy.
National Open House Weekend – April 28 & 29, 2012
The National Open House Event is this weekend, April 28th and 29th, that features hundreds of properties that will be open to the public. Well over a hundred Seattle area condos are expected to be open this weekend.
3% Down Payment Conventional Condo Loans are Back
Cobalt Mortgage, a local mortgage provider, is now offering a low 3% down payment conventional loan option for condo purchases.
New Rules for Buying a Seattle Condo
Seattle’s condo market landscape has transformed and is now exhibiting seller market characteristics with low inventory and increasing demand. To be competitive in this market buyers need to be aware of some new rules for buying a Seattle condo.
FHA Increases Insurance Premiums Again Effective April 9, 2012
Effective April 9, 2012 FHA will increase the upfront mortgage insurance premiums on FHA loans from 1.00% to 1.75%, raising the cost to borrowers.
Condos Becoming Elusive for FHA Buyers
The effect of FHA’s 2010 condo approval and recertification changes are leaving condo buyers with fewer options as associations overlook or neglect FHA certification.
Top 5 Holiday Safety Checklist
Top 5 Holiday Safety Checklist to keep your home safe through the holidays.
Congress Reinstate Higher FHA Loan Limits
On October 1, 2011 the increased loan limit for FHA Loans expired reducing the limit in the Seattle area from $567,500 to $506,000 for FHA back loans, potentially affecting upper-end purchases. Last week, FHA got a reprieve from Congress, which reinstated the higher loan limits in 42 states through 2013. For the Seattle/King County area…
