recent blog posts from Stephanie Callen
Posted by Stephanie Callen | on May 4, 2009, 5:27 pmI had a friend ask me the other day, "If you had a pile of money to invest and you weren’t going to invest into real estate, what would you invest in?" I pondered ever so briefly then with a little research replied, "Let’s see, in 1973 the Dow Jones Industrial Average climbed to a » Read more
Posted by Stephanie Callen | on April 21, 2009, 5:55 pmIf you are in the market for a home, you undoubtedly have come across the term-so what does it really mean? The term “As Is” in Washington State simply means that the seller does not intend to make any repairs. Often sellers will misuse this phrase thinking that it means the buyer is obligated to » Read more
Posted by Stephanie Callen | on March 16, 2009, 5:03 pmFirst time homebuyers in Puyallup, do I have your attention? Your free money comes in the form of the 2009 First Time Homebuyer Tax Credit; you can receive up to $8,000. Here are some of the first time homebuyers qualification criteria: In order to be a recipient of this first time homebuyer tax credit, you » Read more
Posted by Stephanie Callen | on March 2, 2009, 5:39 pmA short sale is when a property sells for less than the seller owes. For example, seller owes $450,000 on a home and cannot sell it for more than $425,000. Seller and Purchaser can agree upon a sale, instructing the REALTOR® to write the transaction subject to the lien holder’s acceptance of a final payment » Read more
Posted by Stephanie Callen | on February 10, 2009, 5:45 pmFirst, determine how much home you can afford. In general, you can afford to buy a home equal in price to three times your gross annual income. More precisely, however, the price you can afford to pay for a home will depend on six factors: 1) Your income; 2) The amount of cash you have » Read more