Category Archives: Mortage/ Finance News

Questions? Answers about Real Estate Finances.

Look before you leap into foreclosures.

Posted on March 12, 2008 by Christa

There was an article in Inman News March 12th on how to avoid problems with foreclosures. Interesting. We provided a link to the article here. How does it affect your Investment decisions in the Tri-Cities Real Estate Market? All of the Cities have … Continue reading →

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Watch Your Credit Scores Closely

Posted on January 28, 2008 by

With the Tri-Cities, Washington being such an incredible to live and work, and with such a strong housing market, potential home buyers will want to start the process by checking on their current credit scores prior to visiting a lender.  … Continue reading →

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Learning Mortgage Jargon

Posted on December 11, 2007 by

Some of the most complicated real estate language may be that which involves the mortgage. It’s important that before you ever borrow a significant amount of money, you fully understand the terms and conditions of the loan. The following are … Continue reading →

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High Credit Score = Low Mortgage Rate

Posted on November 15, 2007 by

Credit scoring was developed in the 1960s as a means to determine whether or not consumers were likely to repay their loans. The score ranges from 350 to 850 with a higher score being extremely favorable. Essentially, a high credit … Continue reading →

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The FACTS about Foreclosures in Washington

Posted on November 7, 2007 by

“Mortgage Meltdown” —  “Foreclosures Rates Skyrocketing”  —  “Subprime Nightmare!” Like Chicken Little running around screaming “The sky is falling!” the current media attention on foreclosures is overwhelmingly pessimistic. The media suggests that foreclosures everywhere are hitting record highs. So how bad is … Continue reading →

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Tri-City Real Estate Market

Posted on October 31, 2007 by Christa

The Local Real Estate Market continues to do well. The Lending crunch impact is minor in the greater Tri-City area, including Kennewick, Richland, Pasco, W-Richland, Finnley, Burbank and Prosser. We are still enjoying low rates, our lenders are a little more conservative … Continue reading →

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The “Hot” Market vs. The Not Market

Posted on October 24, 2007 by

The Hot Market vs. the Not Market by M. Anthony Carr Currently my local real estate market is officially a buyers market with more than a 9 months supply of homes. What this means is that out of the 7,814 … Continue reading →

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Fannie and Freddie to the rescue

Posted on October 24, 2007 by

Mortgage giants Fannie Mae and Freddie Mac have new programs to help troubled subprime borrowers avoid foreclosure. Fannie Mae’s new program is called “HomeStay”. The program will offer troubled borrowers a range of workout solutions, looser credit requirements and ways … Continue reading →

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Creating Financial Curb Appeal

Posted on October 23, 2007 by

Housing inventory is at an all time high. How can you help your property stand out from the crowd? A new coat of paint, spruce up the landscaping, fix that broken shutter, put half of your furniture in storage. These … Continue reading →

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