Edgewood, WA Real Estate Blog

Musings, Resources, and Other Ramblings about real estate and home sales from the Real Estate Broker in Edgewood, Washington

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Entries Tagged as 'Mortgages'

Is the President’s plan a Bailout or not?

Lee Mason, The Masters Realty Group LLC September 5th, 2007 by Lee Mason, The Masters Realty Group LLC ;
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I posted the following comment to a post at The Tacoma News Tribune Open House blog.
I see a number of problems with the presidents plan.
There were some 6 million (your numbers show 7.5 million- the variance could be the fuzzy distinction/inclusion of alt-a w/subprime loans) people with no money and poor credit who purchased homes [...]

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Tags: Buyers · Lending · Mortgages · Subprime

Nail it down before signing closing docs.

Lee Mason, The Masters Realty Group LLC August 2nd, 2007 by Lee Mason, The Masters Realty Group LLC ;
6 Comments

Rhonda Porter wrote another excellent post on her blog The Mortgage Porter regarding what a buyer should do before closing. Although written from a buyer’s perspective (as Rhonda is a mortgage broker), it’s also sage advice for sellers.
My biggest problem as an agent is getting a transaction to close on time, as scheduled. To [...]

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Tags: Buyers · Mortgages · Real Estate

What do banks competing and an old Schlitz ad campaign have in common?

Lee Mason, The Masters Realty Group LLC July 30th, 2007 by Lee Mason, The Masters Realty Group LLC ;
1 Comment

“When banks compete,…” is right off the same page. All mortgage brokers do the same thing – they shop around and compare rates from different wholesale lenders. Remember, in the end money for mortgages comes from the same wholesale sources.

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Tags: Buyers · Lending · Mortgages · RE Marketing · Real Estate