03/03/2012
10:00 am - 12:00 pm
RE/MAX Metro Realty office at 2312 Eastlake Ave E, Seattle WA 98102
RSVP to Classes@TeamReba.com by 03/01/2012
If you’ve been wondering what the state of the real estate market is like in Seattle and the general King/Snohomish/Pierce County area, now is your chance to get a No Fluff reality check. We’ll have Team Reba real estate brokers and a 30+ year veteran local mortgage lender (Eric Aasness of Wells Fargo) on hand to help you learn how to navigate today’s new realities of buying real estate. On the agenda will be 3 major topics:
1) Credit repair processes, how credit is scored, what to look for in your credit report,
2) Lending products and options for buyers/refinances in today’s marketplace, including loans that allow for modifications to a property (FHA 203k loans) for those “less than perfect” purchases like cosmetic fixers, bank owned or short sales, and
3) A brief explanation of the real estate purchase process as well as an overview of today’s marketplace and the types of transactions most commonly seen. Including, short sales, bank owned and “traditional” real estate sales. (Our Level II Class goes into more depth of purchase process and typical contract elements)
We hope you can join us and we look forward to seeing you there! If you can’t make it, or this class might be better suited for someone you know (friends, family, or colleagues), again, please feel free to forward the invite – all are welcome. Coffee/Tea available onsite.
REMAX Office Address:
2312 Eastlake Ave E
Seattle WA 98102
02/25/2012
10:00 am - 12:00 pm
Forza Coffee - Tacoma
Please RSVP to Classes@TeamReba.com by 02/23/2012 with your name, phone number and email for confirmation.
If you’ve been wondering what the state of the real estate market is like in the Pierce and King County areas, now is your chance to get a No Fluff reality check. We’ll have Team Reba real estate brokers and a local mortgage lender (Jerry Rutherford of Legacy Group) on hand to help you learn how to navigate today’s new realities of buying real estate. On the agenda will be 3 major topics:
1) Credit repair, how credit is scored, what to look for in your credit report,
2) Lending products and options for buyers/refinances in today’s marketplace, including loans that allow for modifications to a property (FHA 203k loans) for those “less than perfect” purchases, and
3) A brief explanation of the real estate purchase process as well as an overview of today’s marketplace and the types of transactions most commonly seen. Including, short sales, bank owned and “traditional” real estate sales. (Our Level II Class goes into more depth on the purchase process and most common contract elements)
We hope you can join us and we look forward to seeing you there! If you can’t make it, or this class might be better suited for someone you know (friends, family, or colleagues), again, please feel free to forward the invite – all are welcome. Coffee/Tea/Snacks available for purchase at Forza Coffee. Class is held in the conference room at the back of the shop.
Café Forza located at 2209 N Pearl St, Tacoma 98407
Updated on how much cash we're seeing.... had a client lose out on a bid for a nearly $1,000,000 home to an all cash buyer this past weekend. Wow! Those people with cash who've been sitting on the sidelines in the Seattle and Bellevue market place seem to believe we're starting to pull out of continued price reductions. These kinds of deals are popping up in the most popular areas of our region including north Seattle neighborhoods, Bellevue, Kirkland, Sammamish, Issaquah, and Redmond.
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I've noticed more buyers with all cash offers coming out of the woodwork (so to speak) in the past 3 weeks than ever before. With prices in our area having improved for buyers throughout the past 5 years, it's not surprising to see new buyer activity, but this level of cash coming into play is unprecedented for my past 9 year career in the industry. I'm seeing it from my own buyers (investors of $50-200k properties) and as the listing agent of well-priced properties (in the $400k ranges).
Anyone else seeing this same kind of activity?
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