USDA Turn Times Update

Once your USDA files have completed PRM’s appraisal and underwriting process, they are immediately submitted to USDA. Current approvals from USDA are being quoted at 37 business days When writing any new purchase contracts, don’t forget to account for the … Continue reading

Weekend Fun – Local Hikes with Fido

The Pacific Northwest is bursting with dog-friendly hiking trails. From the coast, mountains, or the desert, hiking with your dog can be a fascinating way to explore the wilderness from a canine perspective for a little weekend fun. As summer … Continue reading

Market Monitor 8.20.2014

Cash Sales 38% of All Home Sales in Q2 According to RealtyTrac, the number of home sales by private and institutional investors purchasing single family homes with cash dropped from 42% in Q1 to 38% in Q2. These numbers are … Continue reading

FannieMae Updates Waiting Periods for Derogatory Credit

FannieMae (FNMA) recently released Announcement SEL-2014-10, which includes changes to waiting periods for derogatory credit events (bankruptcy, short sale, foreclosure). The new announcement, which takes effect August 16, 2014, simplifies existing waiting periods for conforming mortgages backed by FannieMae. Most … Continue reading

Market Monitor 8.13.2014

Changes How Medical Debt Is Treated Could Raise FICO Scores FICO is adjusting its credit score system, separating medical debt from all other consumer debt. This would lower the overall impact that medical debt has on a consumer’s overall credit … Continue reading

Benefits of Automatic Mortgage Payments

Preserve your credit and save money with these three great tips! 1 – Your Credit Rating: By having the schedule predetermined, you won’t risk a late payment. Mortgage payment history is heavily weighted in a credit score and a few little … Continue reading

Weekend Fun – Tour local homes and historical buildings

NW Natural Street of Dreams’ annual presentation features five unique homes, showcasing the latest in home building design and technology. Don’t miss your chance to view the latest and greatest for your next home remodel project, or for your dream … Continue reading

Lending Terms – Costs & Documentation

It’s time for a refresher course in the lending terms you need to know. Here are some terms that you might find that are major components of the costs and documentation required to fund a loan. 442 – A final … Continue reading

Weekend Fun – Learn to Cook

Cooking classes are a fun way to acquire new culinary skills, expand your taste palette, and spend time with your friends and family! Culinary schools and select kitchen stores offer recreational cooking lessons for all genres of food, at affordable … Continue reading

Green Energy Saving Tips For Your Home

Practicing green habits in your home not only benefits the environment, but the energy efficiency of making some quick green updates can also provide great savings to your bottom line. Here are some great ideas you can easily implement in … Continue reading