Edgewood, WA Real Estate Blog

It’s not uncommon for buyers and sellers to confuse signing closing documents with closing the sale of a home. They are not the same thing.
Closing (at least here in Washington State using NWMLS forms) is defined to have occurred when the transfer documents are recorded (the deed) with the county, and, sale proceeds [...]

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Tantra at Calculated Risk has posted another excellent article titled Risk Based Pricing for UberNerds.
This is an in depth article not designed for the casual reader – but a “must-read” for a buyer who wants to gain more than a superficial understanding of loan pricing.
I’m a big fan of Tantra. I highly recommend the [...]

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I survived as a judge at the Salsa Showdown last night. I was apprehensive at first. There were 15 entries to taste. But they were all good. Some hot, some mildly hot , and a few started “smokin” as I unscrewed the lid. But none were “excessive”.
There [...]

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Judging from an article in todays Wall Street Journal, my post of yesterday Save Those Mortgage Records would have more timely if made some months earlier.
I’m glad I’m not an officer at American Home. I’d fear for my safety.
Loose your home due to lapsed insurance coverage because payments you made weren’t forwarded… foreclosure [...]

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Statistics for August for Edgewood and surrounding cities have just been updated.

Number of Active listings: King & Pierce County WA

Number of Active listings: Edgewood, Milton, Sumner, NE Tacoma, & Federal Way WA

Number of Sold listings: King & Pierce Count, WA
Number of Sold listings: Edgewood, Milton, Sumner, NE Tacoma & Federal Way WA

Average days on market: [...]

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I made the following comment to a post by David Paul on Resurrection of Seller Financing at the Seattle Real Estate Professional blog this afternoon.
David Paul-
Good post and timely advice.
It’s been my experience (yeah, I too have to admit to being around in the 80’s) the situation where the buyer took a conventional first [...]

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I made the following comments to Larry Cragun’s post, You Take A Chance When You Make a Low Offer at the Seattle Real Estate Professionals blog this morning.
I don’t want to belabor the obvious, but negotiating skills vary among not only agents, but buyers and sellers.
I’m bemused by the number of agents who list “superior” [...]

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With all the upheaval in the mortgage business there’s a good chance the servicing of your mortgage is going to change hands.
Jack Guttentag, The Mortgage Professor wrote a post last year recommending you save all your mortgage statements until your mortgage is paid off.
His post is even more germane today given the total revamping of [...]

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