Washington Home Solutions

3 Bedrooms, 1.5 Bathrooms, 1426 sq ft Mason Lake Waterfront.
This home fronts the marina/park at Paradise Shore Estates on the east shore of Mason Lake.
With unobstructed views of the lake and marina, you will enjoy sunsets from the patio or from the beautiful Lindal Cedar SunRoom

To qualify, you Need:

$7000 down (100% of down payment is applied to purchase)
$1695/mo payments ($200/mo is applied to the purchase)
$349,000 purchase price in 12 months.

If Interested in this home, call
Mike or Holly 360-874-1560

On Friday, HUD Secretary Shaun Donovan announced a temporary policy that would allow FHA-mortgage insurance on homes that have been bought and resold within a 90-day period.  The current regulations have prevented many would-be home buyers from purchasing many HUD-owned properties, bank-owned properties,  or properties sold through private parties unless they’ve sat for more than 90 days.

This is great news not only for homebuyers, but investors too.  Real estate investors and rehabbers have been vital to the real estate recovery, purchasing and rehabilitating properties which have sat vacant and often vandalized after foreclosure.  Oftentimes, the process of buying, fixing and re-marketing the home occurs in a period much faster than 90-days and this will allow a much larger buyer pool and give many first-time homebuyers access to these properties.

The new policy will go in effect on February 1, 2010 and will remain in place for one year unless it is extended or withdrawn, and the waiver is limited to properties which meet certain general conditions such as:

• Sale must be an arms-length transaction
• If the property is re-sold for more than 20 percent of the purchase price, the resale price must be justified because of improvements made or other justification given by an appraiser.
• Only pertains to forward mortgages, and does not apply to the Home Equity Conversion Mortgage (HECM) for Purchase program.

More information can be found at the HUD website.

SOLD!!
For only $995/mo, you can “Lease to Own” this 2 bedroom, 1 bath condo and lock in the purchase price at a low $139,950.

This unit is in the Colony Square condominium community, which is a quiet complex with a gated entry. It features tile and wood flooring throughout, fireplace, lots of closet space, and a private balcony with a storage closet.

The complex also has a swimming pool, private cabana and is close to the new Sound Transit Link light rail system which can whisk you to downtown Seattle for a little over 2 bucks.

Water/sewer/garbage is included in your monthly payment.

To qualify, you need:

$3,000 down (100% of down payment is applied to purchase)
$995/mo payments ($150/mo is applied to the purchase)
$139,950 purchase price in 12-months (or extend for a 2nd Year)

3 bedroom, 2 bath with 1299 sq ft 3rd floor Condo in Tacoma, has cathedral ceilings, private balcony, new carpet and paint and is ready for you to move in and call home. It is in the Sunset Plaza community which has a gated entry, cabana with billiards table, swimming pool, hot tub and tennis court.

To qualify, you need:

$3,000 down (100% of down payment is applied to purchase)
$1100/mo payments, which includes HOA dues of $209/mo
$169,950 purchase price at end of lease option term.