recent blog posts from Stan Johnson
Posted by Stan Johnson | on February 10, 2009, 7:58 pmThe general practice is that you, as a buyer, are responsible for your loan fee from the lender. This may run you 1-1 1/2 points (a point is one percent of the actual amount borrowed), the appraisal cost, doc prep, an underwriting fee, reserves for taxes and insurance, and a wiring fee. From the title » Read more
Posted by Stan Johnson | on February 10, 2009, 7:55 pmAs a general rule, a 30 day close should be efficient unless it is a government program loan. These loans may take 45-60 days to complete. In any offer, consult with the lender to nail down the closing period prior to submitting an offer. That way you won’t have to go back and ask for » Read more
Posted by Stan Johnson | on February 10, 2009, 7:53 pmI, as well as many agents, work with several lenders to meet the needs of our clients. No two transactions are the same due to the type of buyer and/or type of property they are trying to purchase. For example, is the buyer purchasing land for new construction, or is it agricultural land? Is the » Read more
Posted by Stan Johnson | on February 3, 2009, 5:20 pmIf you are looking for a new home for sale in the Yakima area or a new home in the near future, then here are a few tips to consider when searching for that dream home. Yakima has benefited from the housing boom for the last five years, seeing increase in property values and demand » Read more