The inspection addendum to the purchase and sale agreement in Washington State covers a lot of territory. Buyers should take the opportunity to do a thorough inspection and also do the attending actions that are allowed during the inspection period. The inspection addendum states:This Agreement is conditioned on Buyer's...
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test Glenn Roberts | Ravenna Park | My Seattle | Lake & Co Real Estate Seattle: Buying a Home? What about Crime? In This Post Comprehensive tool by Bing Maps and The Seattle Police Department The Seattle Police department has come out with an interesting crime mapping tool that...
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I recently ran across an interesting tool put out by Forbes Magazine. It takes all of the national data concerning where from and where to people moved in 2008. Over 10 million people moved from one county to another. Here is the map looking at the Seattle in-bound and out-bound movers....
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David Fletcher of Inman News reports that on June 1, 2010 Fannie Mae rolled out a new set of guildelines for lenders to follow. The Loan Quality Initiative (LQI) provides that a borrower's credit score will be "refreshed" one day prior to closing. What does this mean? Well, chances are,...
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UPDATED: June 30, 2010, Senate passes homebuyer tax credit. First-time homebuyers will have until Sept. 30 to close on their purchases and land an $8,000 tax credit under a bill passed by the Senate late Wednesday. President Obama is expected to sign the bill, which was overwhelmingly approved by the...
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The Seattle Times had an article today about property taxes. The article: Assessor asks: Were tax bills too low? Is obviously an attempt to raise more money for the county Lloyd Hara, King County Assessor says his office is looking into the following categories: properties on which assessed values didn't...
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If you are planning a remodel on your home that was built prior to 1978 there are new rules that dictate whom can do the work on your home and the procedures they must adhere to. Firms and the employees handling a remodel or renovation on a home built prior...
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Fortunately, Seattle has not experienced the high number of short sales and foreclosures that the southern tier of states has. But if you know someone who is on the edge, here is some good information. These tables will tell you what the waiting period is, before you will once again...
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Recently it was announced that the FHA loan program will be reducing allowable Seller contributions from 6% to 3%. What is a Seller contribution? A Seller contribution is when the seller of home agrees to contribute funds towards a Buyer's closing costs (or loan costs). This can include discount points,...
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The Seattle City Council is considering a bill that would make licensing of landlords mandatory in the city and sets standards for rental property inspections. Becasue of a certain state law regarding this type of law, Seattle must pass their version prior to June 10, 2010. If you want to...
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