Homebuyer tax credit extended & expanded

This big announcement has garnered so much press in the past couple of days that I didn't see the need to post it myself, but then I realized that I shouldn't assume you may have heard it elsewhere.

This past week, Congress passed, and the President signed a bill authorizing an extension of the $8K tax credit for first time homebuyers. Better yet, they increased the income restrictions so that more people qualify and they added a $6500 credit for some existing home owners who want to buy a new home.

The current credit was due to expire at the end of this month (Nov. 30, 2009). That deadline has been extended until April 30, 2010. This is obviously good news for a lot of people.

Click here to download a PDF file published by the National Association of Realtors, which outlines the stipulations and differences between the expiring credit and the newly expanded credit.

Still have questions? Give me a call for a no-obligation consultation regarding the potential for you to take advantage of this windfall. 206-708-9800.

N. Admiral Open House

This weekend I will be holding open a classic, turn-of-the-century home which boasts 4 bedrooms and 2.5 baths in the North Admiral neighborhood. 2300 sq. ft. of living space on a 4255 sq. ft. lot, this home is listed for $575,000 by my colleagues the Johnson Team.

The address is 1936 47th Av SW and I will be there from 2-5 on Saturday and 1-4 on Sunday. As I often do, I will be giving coupons for Husky Deli ice cream cones to all comers.

Prefer a private showing? Text or call me at 206-708-9800 to set up a time.

Free list of Open House events

Here's an easy way to get a list of all the houses being held open this weekend. Use the search tool link below to find all Opens or just those that fit your criterion.

It includes listings by various real estate companies/agents, assuming the event has been posted in the NWMLS (Northwest Multiple Listing Service).

I hold an Open House nearly every Saturday and Sunday. Call or text me to find out where I'll be this weekend.

Open House Search engine.

Current mortgage loan rates

Rates for conventional 30-yr fixed rate mortgages are still excellent! But this can't last forever, so if you are thinking of buying, the sooner you talk to a lender, the better.

Here is a table of current rates, subject to change, of course.

Thank you to Troy Chambers, of Arboretum Mortgage, for this information. Here is Troy's contact info in case you need a good lender.


Troy Chambers
Arboretum Mortgage
Phone: 206-720
Fax: 206-860-9340
troy@arboretummortgage.com

Free "Open House" list

Here's an easy way to get a list of all the houses being held Open this weekend. Use the search tool link below to find all Opens or just those that fit your criterion.

It includes listings by various real estate companies/agents, assuming the event has been posted in the NWMLS (Northwest Multiple Listing Service).

I hold an Open House nearly every Saturday and Sunday. Call or text me to find out where I'll be this weekend.

Open House Search engine.