Category: First Time Buyer

Is This Your Situation: Wondering If a Fixer-Upper Is a Good Investment

Homes needing a little TLC are going on the market in the midst of increased buyer demand, and regardless of how much work these homes require, they are selling quickly and at high prices. These high-priced houses, which are listed with descriptions like fixer-upper, TLC and needs work, are in...

Is This Your Situation: You Want to Save for a House?

Purchasing a home is a big financial responsibility, but the rewards of homeownership are many. Particularly for first-time homebuyers, coming up with the down payment needed to see your dream to fruition can often seem overwhelming. There are many strategies, however, that can help you save for your down payment....

Is This Your Situation: What Questions Should I Ask a Listing Agent Before Hiring One?

The majority of homeowners choose to use a listing agent to assist them. Moreover, people who don’t use an agent often lose thousands of dollars on the deal. That said, not every listing agent is going to work as hard or know enough to get you a really good deal...

Is This Your Situation: What Questions Will a Mortgage Lender Ask of Me?

While you may be eager to start searching for your dream home right away, the first step in preparing to buy a home is understanding how much home you can afford. To figure this out, you should get prequalified or preapproved by a lender, who will tell you the maximum...

Playback: ‘Open House’: Corinna Obar, WA State Housing Finance

This week on ‘Open House’ we talked about things were thankful for, programs like the Washington State Housing Finance Commission. We had Corinna Obar on the show, she told us us about programs that can help a home buyer get into a home much quicker, with low down payment, and...

Is This Your Situation: Should I Opt for a Conventional Home Loan or an FHA Loan?

Those who opt for a conventional loan versus those who choose Federal Housing Administration (FHA) loans have different buyer profiles. The buyer profile for someone seeking a conventional loan will have a different financial background from someone seeking an FHA loan. In order to determine which type of mortgage loan...