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About Snohomish's Snohomish Vacinity

Open House 6329 61st Ave SE Snohomish, WA (New Construction)

Ron T.  Weems Jr.: Real Estate Agent in Lake Stevens, WA

Looking to get away from the stress of work in the city. You have just found a stunning four bedroom, three-quarter bathroom home on approximately 1.33 acres. This could be your hide away in the country but still close enough to still enjoy the city life when possible. This quality built home has a lot to offer for a very good price for a higher end home. It features a master bedroom on the main floor, five pc bathroom with jetted tub, stainless steal appliances, hardwood floors, bonus room, carpet on stairs and bedrooms, fp, granite counter tops, and security system. This home is a must see to appreciate. We will be open from noon to three this Saturday, Oct 16, 2010.

Anyone running into issues with lenders willing to loan on presale single family construction?

Reba Haas and Team Reba, CDPE: Real Estate Agent in Renton, WA

I found that my contact at Bank of America does have options available and they're offering up to a 6-month loan rate lock. I'm curious if anyone has seen anything else out there. My clients and I are talking to a new construction project that is investor funded and the 17 lots platted already have 4 houses up, including the model, with one of them a property they'll consider - or they'll choose another lot and put the house they want on it with a couple of modifications that will work better for them.

Rates are awesome so getting them into a loan soon would be good but I am concerned that the builder says only 90 days for construction once they break ground because most new construction I've seen takes up to 6 months, easy, since up here building is affected by weather.

I have to say that the Whisper Woods development in Snohomish is pretty nice and I'd recommend anyone looking out that way to go check it out. Compared to a lot of the resale properties in that area, it's a pretty darn good value.

TAX CREDIT EXTENDED! For NEW and REPEAT Homebuyers

Kirk Williams -MLO 80507: Loan Officer in Snohomish, WA

Visit my website www.kirkwilliamsgroup.com scroll down to Tax credit link and click. Great information and don't forget to call me for your free pre-approval. Remember it doesn't cost anything to ask!

I wish us all well.

FEMA updated Flood Maps...so are you required to buy Flood Insurance?

Kirk Williams: Loan Officer in Everett, WA

What the NSF fee is to a bank (big buck revenue) regulation is to our government. Regulations are designed to generate revenue in case you have not noticed. For example even though I am licensed with my state and working for a licensed company I have to FOR A FEE take a national test to see if after 25 years I know what I am doing. That's government regulation.

FEMA is the most recent to assault our industry (behind Summers, Timmy G, our friend the AG of NY Cuomo, Shaun Donovan (HUD), Barney Frank and the soon departing Chris Dodd) and decided to update their flood maps. So what does this mean for you? Your property may be in a flood plain and you will be compelled to purchase flood insurance!

You can apply for flood insurance through your insurance agent however you are really purchasing it from your very own government. So if you live in an area that has flooding nearby you may have been put in the flood plain and a policy will have to be purchased by you from the government. Your lender may contact you and request flood insurance be added to your existing policy.

Here is the link to check to see if your property is now in a flood plain:

http://msc.fema.gov/webapp/wcs/stores/servlet/FemaWelcomeView?storeId=10001&catalogId=10001&langId=-1&userType=G

If you are in a flood plain then it is a good idea to purchase flood insurance but if you believe the map is incorrect (and many maps are for a variety of reasons) you can at your expense have your property surveyed to determine the topography or layout of the land in context to your home and flooding. It is not cheap but in the long run if you don't flood it will save you a pile of money.

I wish us all well.