Karin Zeigler

Current home owner: amount of Credit $6,500. ($4,000 Married filing separately. Must have used the home sold or being sold as a principal residence consecutively for 5 of the previous 8 years. Limit on cost of Purchased home: $800,000. Income Limits: (NOTE: Increased income limits are effective as of date of enactment of bill) $125,000 single & married $225,000. Additional $20,000 phase out. Dec 1 - Apr 30, 2010 Rules as enacted November 2009. Binding contract rule: So long as a written binding contract to purchase is in effect on April 30, 2010, the purchaser will have until July 1, 2010 to close. Termination of Credit - purchases after April 30, 2010. Call Karin Zeigler RE/MAX Four Seasons 360-870-6249 to sell & buy your home in Thurston County, WA. For all MLS Listings go to www.karinzeigler.com

I just completed training for NAR's Green Designation Course. This course provided advanced training and resources so that I may: Respond to consumer demand for green homes & buildings as well as green home & building features. (2) Guide the discussion of green and sustainability as these issues relate to real estate. (3) List and market as well as guide buyer clients in purchasing green homes and buildings. (4) Incorporate green principles in my day-to-day practice. Contact Karin Zeigler, Real Estate Consultant, RE/MAX Four Seasons , Olympia, WA at 360-870-6249, web: www.karinzeigler.com or email: karinzeigler@remax.net

Treasury Announces Requirements for Making Home Affordable This is a comprehensive $75 Billion Home Affordable Modification Program. The plan is expected to reach up to 3 to 4 million homeowners.

The goal for the Home Affordable Modification program is to reduce the amount homeowners owe per month to sustainable levels to stabilize communities. There are some key components of this program:

• Shared effort to reduce monthly payments. Treasury will partner with financial institutions and investors to reduce homeowners' monthly mortgage payments. • "Pay for Success" Incentives to Servicers: • Responsible Modification Incentives. • Incentives to Help Borrowers Stay Current. • Home Price Decline Payments. • Second Liens• Modification of Home Mortgages during Bankruptcy. • Strengthen Hope for Homeowners and other FHA Loan Program. • Support Local Communities and Help displaced Renters.

Making home affordable will offer assistance to many homeowners making their mortgages more affordable and helping to prevent foreclosures. Here are some of the guidelines:

>Loans originated on or before Jan 2009.

>First-lien loans on owner-occupied properties with unpaid balance up to $729,750. Higher limits allowed for owner-occupied properties with 2-4 units

>Borrowers must document income.

>Property owner occupancy status will be verified.

>Incentives to lenders and servicers to modify at risk borrowers.

>Modifications can start now until Dec 31, 2012.

For details of the Home Affordable Modification see http://www.financialstability.gov/

For more information on buying or selling your home call

Karin Zeigler, RE/MAX Four Seasons, 360-870-6249

e-mail: Karinzeigler@remax.net.

Web Site: www.karinzeigler.com

A recently released joint study by Trulia-a U.S. News partner-and RealtyTrac indicates that foreclosure discount for the state of washington is 24% The median list price for Washington is $283,950 vs REO list price is $216,000 a savings of 24%. If you are looking for a good deal on Real Estate for Olympia, Lacey, Ft Lewis, Tumwater call Karin Zeigler, RE/MAX Four Season, 360-870-6249. My web site is www.karinzeigler.com

If you are behind in your mortgage payments and the home may be going to foreclosure soon, there may be a way to delay foreclosure and possible save the home. Many of the mortgages we currently have were sold. Original mortgage notes may be lost or difficult to find. I saw a news program today that indicated that one way to get some extra time is for seller to ask for the Mortgage Note. When the Mortgage Co tells you the home will go to foreclosure, ask to see the note. In some cases this can take some time for the Mortgage lender to find. This extra time may be enough time to sell the home. Call Karin Zeigler, 360-870-6249 RE/MAX Four Seasons for all your Real Estate Needs. Go to my web site. www.karinzeigler.com