What is Escrow and Why is it Needed? By, Mark Spurbeck

guestblog Buying Real Estate , Foreclosure and Bank-Owned , Guest Blog , New Homes , Real Estate , Real Estate Agent , Real Estate News , Selling a Home , Traditional Home Sales Leave a Comment

What is Escrow and why is it needed? Escrow is an arrangement in which a neutral third party (the escrow agent) assembles and processes all the components of a real estate transaction (including legal documents), records the transaction, and ultimately, disburses funds according to the buyer’s and seller’s instructions. Both the buyer and seller rely on the escrow agent to …

Loan Modification wirtten on a note

Beware of Today’s Loan Modifications. By Lisa A. Schultz- Chicago Title

guestblog Buying Real Estate , Mortgage , Real Estate , Real Estate News , Taxes Leave a Comment

Beware of Today’s Loan Modifications. There is a new loan modification that some banks are using that could cost homeowners tens of thousands of dollars over their current loan amount. In the early 2000s, and during the recession years of 2008-2012, when homeowners faced financial hardships they could contact their lender to ask for a loan modification. If the lender …

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Why You Need Title Insurance By Mark Spurbeck

guestblog Local , Market Reports , Real Estate , Real Estate News , Real Estate Trends Leave a Comment

Why You Need Owner’s Title Insurance When it’s time to sell your home and buy a new home, why wouldn’t you take every precaution to protect it? Our business is protecting ownership of your property: often the largest financial transaction you’ll make in your life. For a relatively low, one-time premium, you’re protected against legal problems over property rights that …

Grow Your Down Payment With HomeFundIt

Jim Clifford Buying Real Estate , Homeowners , Homes for Sale , Mortgage , Moving , New Homes , Real Estate , Real Estate News , Real Estate Trends , Traditional Home Sales Leave a Comment

Grow your down payment with HomeFundIt. Crowdfund to raise funds, shop with UpIt to get funds pledged, or do both! Start Crowdfunding Share your story online. Family, friends, and strangers can give to support you in becoming a homeowner Participating Stores Shop at participating retailers and a percentage of your purchase goes toward HomeFundIt campaigns. No transaction fees, almost anyone …

Mortgage Lenders – Learn about the mortgage loan process and how you can find the best lender for your mortgage.

Jim Clifford Mortgage , Real Estate , Real Estate Market Trends , Real Estate News Leave a Comment

Home ownership is the foundation of the American dream, and often, a mortgage is necessary to make that dream come true. Finding the right mortgage loan is arguably just as important as finding the right property. You’ll be paying off your mortgage for years, and the best terms can save you thousands of dollars over time. This guide explains how …

For The Few of Us That Remember the Last Boeing Slowdown. By, Jim Clifford

Jim Clifford Buying Real Estate , Local , Market Reports , Real Estate , Real Estate Market Trends , Real Estate News , Real Estate Trends , Selling a Home Leave a Comment

Boeing Slowdown Causes Recession? When I was in high school a huge Boeing slowdown was devastating for the greater Seattle area. Then again when I was just getting out of college and starting my real estate career, it happened again. The second slowdown lasted about 3 or 4 years and frankly created a real estate depression for South King County. …

How Will the Boeing Slowdown of 737 Jet Production Affect Real Estate Values?

Rick Jusenius Buying Real Estate , Home Prices , Market Reports , Real Estate , Real Estate Agent , Real Estate Market Trends , Real Estate News , Real Estate Trends Leave a Comment

The short answer will be not much We are blessed in this area with a very diverse economy. This is important in many aspects. A case in point would be an area such as Detroit which relies on the automotive economy, rises and falls based upon the production of automobiles. Western Washington has several large employers so as when one …