Category: financing/lending

Handing Over Keys to House

Is This Your Situation: Is It Risky to Buy a New Home Before Selling My Current One?

Which comes first, the chicken (buying a new home) or the egg (selling your current home)? There is no simple answer. Knowing and understanding your options can help you make the decision that’s right for you. There can be several advantages to buying a new home before selling your current...

reba and eric

Episode #146 – Protecting Yourself from Pitfalls in Real Estate & Financing

On this week’s episode of ‘Open House with Team Reba’, Reba and Eric discuss several ways you can protect yourself from pitfalls in real estate & financing. They provide real-world case studies and their opinions on how these pitfalls could’ve been avoided. At the top of the show, Eric gives...

house

Fannie Mae/Freddie Mac Allow Non-FICO Score

Surprising mortgage watchers, the Federal Housing Finance Agency will allow Fannie Mae and Freddie Mac to use VantageScore as an alternative to the FICO credit scoring model. How will this affect you when you are scouting out a new home purchase? By allowing new entrants into the credit scoring game,...

Andy Wappler, Sound Energy

Tomorrow’s Radio Show: Andy Wappler of Puget Sound Energy

On this weekend’s edition of ‘Open House with Team Reba’ radio show, Reba and Eric will have on Andy Wappler, from Puget Sound Energy, to talk about the proposed ban on gas in new construction in Seattle. They’ll also give an update on ‘Energize Eastside’ and planning for winter storms....

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...