In an effort to sustain what progress has been achieved in the housing market across the country Congress voted last week to restore loan limits and the maximum cap for Federal Housing Authority (FHA) loans. Their action reinstates the loan limit of 125 percent of area median price, up to $729,750. Higher loan limits will make mortgages more accessible—in fact, nearly two-thirds of buyers who will be helped by the loan limits extension have income below $100,000. If you haven't purchased a home in the last three years and have money for a down payment you could possibly qualify for a FHA loan. Now is a great time to buy a new home as many markets in WA including Yelm, Rainier, Roy, Olympia and Lacey are at rock bottom prices. With record low interest rates and higher loan limits the time to move is NOW!
Author:Brandi Rademacher Phone: 253-224-6663 Dated: November 27th 2011 Views: 4,376 About Brandi: Brandi Rademacher with RE/MAX Realty South is the Professional Realtor who other Realtors come to fo...
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This week I listed a rental home for rent in Yelm not realizing that t
"Bought a Single Family home in 2015 for approximately $475K in Lake Stevens, WA.
Dana recently assisted us with an International relocation from Singapore back to the United States. Our move was rather non-conventional and required some very focused effort over a compressed time frame. Dana's market expertise and process knowledge created a very fluid experience that was very effective and very efficient. She worked with me through international time zones to coordinate necessary activities and always kept me informed. Everything went according to plan and was a huge success from my point of view. More important than Dana's direct skills were her soft skills and customer service. She absolutely catered to my wife and always made us feel as if we were the most important thing in her schedule. We not only found an incredible agent but we found a friend!"