Seattle home buyers tend to have a lot of questions about their mortgage financing options, including the maximum amount they can borrow. This article will discuss the influencing factors.'
From a buyer's perspective, the best-case scenario is to buy a home at the so-called "bottom" of the real estate market. This occurs when house values fall to their lowest point during a downturn, after which they rise for a long period of time.'
It can be challenging to save enough money for a down payment, especially in the Seattle area where home prices running higher than the national average. But with proper planning and good old-fashioned financial discipline, home buyers can overcome many of these challenges and achieve their dream of homeownership. This article explores three of the most common down payment challenges Seattle-area home buyers encounter, along with some strategies for overcoming them.'
Last year, we heard a lot about real estate markets cooling down all across the country. But now, as we head further into 2024, the Seattle-area housing market appears to be revving up again. '
At times, the Seattle metro area can be one of the most competitive real estate markets in the country. Demand from home buyers frequently exceeds the available supply, forcing buyers to compete for limited inventory. This is why it's so important to make a strong offer on a house when buying in the Seattle area. Making mistakes during the offer stage could result in the house slipping through your fingers or going to another buyer. That's the last thing you want. So let's talk about how to do things right.'
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