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Casey Bui

Closing Costs: A cartoon explanation

11-13-09
Casey Bui

Here's a 3-minute cartoon video on closing costs and how they work. When inquiring about home mortgages, be sure to ask your lender for a "Good Faith Estimate" which outlines your likely costs when buying a home - be it a condo, townhouse, or detached single family house.

Drop me a line if you have questions (none are too dumb to ask!) or want a referral to some very trustworthy people.

WA state down payment assistance: a video explanation

11-12-09
Casey Bui

Hey buyers, do you qualify for down payment assistance? Real estate prices - and especially those in areas like Edmonds - are still pretty healthy. In fact, the average home price in Edmonds for 2009 so far is $389,500.

The homebuyer downpayment assistance program is available to teachers, public employees, veterans, folks with disabilities, and more. Check out this 3-minute video for an overview and let me know if you have any questions.

Edmonds Councilmember Peggy Pritchard Olson died today

11-10-09
Casey Bui

EDMONDS, WA -- Edmonds lost a city community leader in Councilmember Peggy Pritchard Olson today. Until as late as last week, she was still at her job at the City Council working on behalf of the people of Edmonds. A complete story of her passing was written up in the Seattle Times today.

- Casey

How interest rates affect your mortgage payments: A video explanation

11-09-09
Casey Bui

If you're thinking about how best to time the market to get the best price on a home, here's a thought: DON'T.

The overwhelming consensus is that our interest rates of 5% or so won't - and can't - last forever. They WILL go up. Once the economy rebounds and people starting getting their jobs back, growth will increase putting pressures on inflation, which increases interest rates. 

Here's a simple 3-minute cartoon video explanation as to how increased interest rates will affect your buying power.

 

Rent vs. Buy - a cartoon explanation

11-06-09
Casey Bui

Buy vs. Rent in Edmonds, WAThis animated video can help you decide to buy vs. rent. It's a straightforward look at some of the pro's and con's of buying and selling. There are so many advantages - from tax deductions, to zero or reduced capital gains tax on certain profits of a future sale of your home, to simply having ownership in a community - that it's important you know before you rule it out. Of course you will want to consult with a CPA or other financial expert to learn about your specific situation.

Don't miss out on the convergence of exceptionally low interest rates, low real estate prices, federal tax breaks for new and current homeowners and the opportunity to take ownership in your community.