Jessica Bennent over at MorgateFit.com answers all these questions and more in her articles.

Click here to see her article on Owner Financing.

Currently our house in Kent and our townhome in Woodinville are available with owner financing!  Call us for more information at 425-996-8291

Okay - certain restrictions apply - like it has to be your first house and you have to buy before the end of 2009, etc.  (Check with your CPS for full info.  I’m NOT a CPA!)

Check this site out for more information.  http://www.federalhousingtaxcredit.com/2009/index.html

Here is what the site says,

“A tax credit of up to $8,000 is available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009.”

Take a look at our available properties and then see if you are eligible for this HUGE tax break!

4 fully remodeled homes.

Now just 2 fully remodeled homes.

4 Ways to Buy

4 ways to Save

These homes have been fully remodeled and are perfect family homes.  They are ready right now for you to move in!

We have put over $100,000 into the repair and updating of these houses.  It shows!

First the the fun part.  Here is how you can buy each one.

1. All Cash.  Obviously I’d love this one!    Big discounts if you can swing this.  give me a call! 
2. Traditional purchase through the bank.  I know this is hard right now, but it has gotten easier in the last few week.
3. Lease to Own-  If qualifying for a traditional loan is not in the cards for you right now, or you just don’t have that 3% to 10% down payment that banks seem to want right now then this could be a great alternative for you.  $5000 down get’s you into any one of these homes.  
4. Owner Financing - I will be your bank.  No bank qualifying.  I will even give you a good interest rate.  The more you put down the lower your monthly payments will be.  Let’s talk and figure out if this is the right solution for you!  This is my personal favorite strategy for home buying.  Plus it gives you the home buyer more control than a Lease to Own.

Here is the location for each of the four homes. 

Click each house below to see pictures and get the basic stats on each house.

1. Kent 3 bed  - Everyone LOVEs this house.
2. Pacific Wa 3 bed - Just finished.  I think this will go quickly.  This one is GONE!
3. Covington 4 bed - A great starter home with an extra bedroom.  This one is GONE!
4. Woodinville Town home 3 bed- Perfect for a Microsoftie who hates mowing the lawn.

Finally here are the 4 ways you can save.

1. Cash:  I’ll give you a big discount if you bring me a pile of cash on any of these houses.
2. Traditional Sale:  I’ll pay up to 3% of the price of the home in incentives.  That’s up to $10,000 in cash.  I could pay your first six months of mortgage, or let you buy down the interest rate.  Or pay all your closing costs, or some combination of all those things!
3. Lease Option -  Two words.  “Rent Credit”.  I’m prepared to give you huge rent credits to save towards the payment of the house.  You could knock thousands of dollars off the price of the house just by paying your rent on time each month.
4. Owner Financing.   I’ll knock 10k off the price of the home when you do owner financing on the house. 

Contact me to discuss or see these houses at 425-996-8291 or at James @ CascacadePropertySolutions.com

It talks about how many people have the perception that right now you can’t get a loan unless you put 20% down.  Well that’s not true according to the Washington Post and the FHA.

Here is a quote that lays out the facts pretty well.

“The FHA does not make loans; it insures them. Borrowers are required to document their income and pay mortgage insurance. In the Washington region, the loans can be for as much as $625,500. Loans are generally for 30 years, with fixed interest rates.”

This is good news for a lot of potential home buyers. 

Cascade Property Solutions LLC has relationships with several mortgage brokers include some that specialize in FHA loans.  Take a look at our inventory of homes and let us connect you with our broker to get the process started!

Now these were 5 million dollar mansions, not exactly the kind of houses that we sell, but wouldn’t that be nice? 

Okay - so maybe we aren’t giving away 200,000 cars with our houses, but I think you will find that we are giving away some pretty sweet incentives for our current houses.  For example - our townhouse in Woodinville we are willing to do the following if you purchase with traditional financing

1. Pay your first 3 months of mortgage.
2. Pay your closing costs.
3. Pay for a home warranty

Those are some pretty great incentives.  Especially when you consider that the house is already below market and has been totally remodeled! 

Here is a picture of this great townhouse.  More pictures and info is available here.

Here is what they say about Seattle specifically.

No. 8: Seattle, Wash.

Unemployment rate: 5.3%
Unemployment here increased from 3.7% in October 2007, but certain sectors have stayed quite strong, including biotech and health care. The area has a large elderly population and several Veterans Administration hospitals that employ considerable numbers. You’ll do best looking for a job in Seattle if you’re trained in the knowledge economy; the city has very few blue-collar positions to offer.

Interest rates are as low as they have been for years and years! Houses are on Sale! (See several goods ones below) and for people with credit over 580 and a good job there are low down payment financing options a plenty!

Take a look at the rest of the Seattle Times Article for more information. http://seattletimes.nwsource.com/html/realestate/2008505099_firsthouse14.html