March 26, 2009
Foreclosures Info by Jen Pells Real Estate Agent on Bainbridge Island

Foreclosure Basics for Washington State

With foreclosure being such a buzz word, this is a good time to clarify some important definitions and the foreclosure process. Pre-foreclosure. Pre-foreclosure means you have missed payments on your mortgage, and by definition are in default. For example, a borrower could be $9,000 behind in payments. During this time, […]
November 20, 2008
HUD-Logo

New FHA Loan Limits for 2009

As we head towards the end of the year, so too do we head towards the end of beefed up FHA loan limits. In 2009, HUD is establishing these new limits. In 2009, for Kitsap, they will be cut back considerably to: 1 Unit – $307,050 in 2008 the limit […]