Dan McClure, Scion Realty Group

http://www.homeloans.va.gov/loan_limits.htm   This is the link for the new 2010 VA loan limits.  They have changed for our counties!!   2010 loan limits for King, Peirce, and Snohomish counties is $481,250 vs $550,000 in 2009 2010 loan limits for San Juan county are $505,000 vs $525,000 in 2009

This weekend we came across a good example of the difference between buying at the foreclosure auction and buying with Scion Realty Group. A house at 9418 105th Ave. NE in Lake Stevens was built in 2004 and needs about $10,000 to repaint the interior, carpets and some trim work. It is on a nice 1 acre lot in a nice neighborhood. It is assessed at ...

Scion Realty Group Some great news to help out homebuyers (and the economy)Senators Agree To Extend Homebuyer Tax Credit - Money News Story - KIRO SeattleSource: www.kirotv.comWASHINGTON -- Senators agreed Wednesday to extend a popular tax credit for first-time homebuyers and to offer a reduced credit to some repeat buyers. Wednesday, ...

To bid on a HUD listed home, you need to work with a HUD Certified Broker.  Scion Realty Group can help you with making an offer on a HUD home, and get you smoothly through their purchase process.  Contact us with any questions.

In the Seattle Times article "Tax credit can be bridge to new home"  published May 23, 2009 and then followed by the article "Federal cash for mortgage down payments" published June 7, 2009, there is some explanation about how the first time homebuyer's federal tax credit of $8,000 is now becoming money that can be ...

Federal Housing Rescue Plan Launches The Obama Administration’s program to rescue distressed home owners got off the ground this week. The program was announced on Feb. 18, but it took several weeks to put the bureaucracy in place. Six of the nation’s largest banks signed up to participate, the Treasury Department announced ...

See if you qualify for a mortgage affordability modification from the new government program: http://www.makinghomeaffordable.gov

Curious about current market activity?  Here is a graph of the activity in Lake Stevens, Marysville, and Snohomish between April and September of this year.  Want other stats or information?  You can either check back here often, or drop me a message with your questions.

Fact #8:  Homes sell when they’re priced right and show well. Buyers are looking for value in today’s market. When sellers make their home’s value obvious, they make a sale—it’s as simple as that.

Fact #7: First-time buyers lose money while they wait on the sidelines. First, renters typically pay more state and federal income taxes than homeowners with a mortgage deduction. Renters are also losing the wealth they could be accumulating as they pay down their mortgage and as their home increases in value over time.  Lastly, renters who ...