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Northwest MLS Press Release: July 2010

FOR IMMEDIATE RELEASE: July 6, 2010 Housing activity: “not as bad as some think; not as good as some would like” KIRKLAND, WA, July 6, 2010 – Not even the lowest interest rates in decades could entice wary house-hunters last month. Home sales around Western and Central Washington remained sluggish with pending sales lagging year-ago [...]

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Senate passes homebuyer tax credit extension

First-time home-buyers will now have until Sept. 30th to close on their purchases and land an $8,000 tax credit under a bill passed by the Senate late Wednesday.  Qualified existing homeowners also have until Sept. 30 to close on new homes and receive a tax credit of up to $6,500.  The bill doesn’t help anyone currently [...]

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Lead Paint May Add to Remodel Cost

If you are planning a remodel on your home that was built prior to 1978 there are new rules that dictate whom can do the work on your home and the procedures they must adhere to.  Firms and the employees handling a remodel or renovation on a home built prior to 1978 must be certified.  [...]

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Home Mortgage Document Checklist

In order to apply for a loan most mortgage lenders require the same basic information: *  Previous 2 years W-2 statements *  Most recent paystubs (showing one full month of income) *  2 months bank statements on all checking and savings accounts *  Landlord information *  Most recent statements on investment accounts (retirement, mutual funds, [...]

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