Tagged ‘green lake’

Northwest receives $330 Million to revitalize communities
Posted: October 11, 2011 By:

 

The Northwest received almost $330 million in Federal resources to revitalize our
communities, put people back to work and speed America back on the road to
recovery from what has come to be called “The Great Recession.”

In passing the Recovery Act, the Congress and the President specified a
wide range of activities to which state, county and city governments hard hit
by the downturn could apply Recovery Act funds – your tax dollars – from
meeting critical capital needs to expanding the supply of affordable housing,
from preventing homelessness to helping small businesses gain access to much
needed capital. Under the Act, those local governments were given full
authority to decide for themselves the specific what’s, where’s and how’s of
the projects that would best benefit their communities.

Here are some of the programs that will be funded
by the Federal money in the King County area:

  • Promoting Energy Efficiency and Creating Green Jobs
  • $40,250,758 to Washington State’s 29 housing authorities.
  • $14,863,303 to 30 tribal organizations in Washington.
  • Lead Hazard Reduction/Healthy Homes – $6,725,000 to to King County, City of Spokane
    and State of Washington.
  • Supporting Shovel-Ready Projects and Assisted Housing Improvements
  • Promoting Stable Communities and Helping Families Hardest Hit by the Economic Crisis
  • Emergency Shelter Grant Program/Homelessness Prevention – $24,948, 653 to 10 grantees in Washington.
Pet restriction 1-2-3’s for homebuyers
Posted: February 23, 2011 By:

Whether you’re a cat person, a dog person or something in between you may be impacted by the “pet restrictions” that are part of your next home purchase.  When pet policies are part of a home’s or condo’s rules they can affect both your personal uses and investment potential.

For instance, in the Seattle market, I heard an interesting statistic that more home owners have pets than children (more…)

Seattle’s multi-family developement has a new look!
Posted: February 1, 2011 By:

Seattle City Council has just adopted an updated plan for row-homes, townhomes, and cottages.  The first decade of the millennium was full of new construction and a majority of designs in Seattle were the townhomes.   

I don’t want to give you the wrong idea; I do not have anything against (more…)

FHA mortgages change – effective October 4th
Posted: October 26, 2010 By:

It’s official: FHA was just given authority to change the amount charged to borrowers for both the Up Front and the Annual Mortgage Insurance premiums…and change them they did.

(more…)

Homebuyer Success Stories!
Posted: June 22, 2010 By:

This spring I handed house keys to a first time buyer who’d been dreaming  of owning his own home for over ten years.  In fact he’d been (more…)

How Much Home Can You Afford?
Posted: April 28, 2010 By:

Dreams of home buying your first home

When working with a homebuyer, I don’t start off by asking, “How much are you approved for buying?”  The better question is, “How much of a payment is comfortable for you?”  Typically, a homebuyer is pre-approved for an amount that is more than what they are willing to pay monthly.  (more…)

The Seller’s Disclosure, Fact or Fiction?
Posted: April 23, 2010 By:

When a homebuyer is purchasing a residential property, the seller is required to provide them with a Seller’s Disclosure Statement to detail any pre-existing conditions.  Now, the million dollar question is whether or not everything in the disclosure statement is 100% true.  Is it fact or fiction? 

 Consider that the homeowner is (more…)

The New FHA is Quickly Becoming Obsolete With Larger Down Payment
Posted: March 12, 2010 By:

FHA has been sustaining first time homebuyer market and lower price point homes through the collapse of the real estate market.  Now that the market is slowly on its way to recovery, FHA is not so subtly backing away from their low down payment options, making it harder for a lot of homebuyers to buy their first home.  (more…)