According to a recent article by Bellingham Herald, Whatcom County has 25-35% of its mortgages still underwater. In Whatcom County, the number of mortgages underwater was in the 25 percent to 35 percent range in the first quarter, according to the report’s county-by-county estimates. In Washington state, the percent of underwater mortgages was estimated to...

Jun 11, 2013

$160,000 , 3 bedrooms, 1 full baths, 1 half baths, 1,106 square feet The Linda Zemler Team | RE/MAX Whatcom County | (360) 464-4805 1222 Fenske Ln, Burlington, WA 3BR/1+1BA Single Family House offered at $160,000 Year Built 2001 Sq Footage 1,106 Bedrooms 3 Bathrooms 1 full, 1 partial...

May 29, 2013

$99,000 , 0 bedrooms, 0 full baths, 0 half baths, 0 square feet The Linda Zemler Team | RE/MAX Whatcom County | (360) 464-4805 Undisclosed Address, Deming, WA 7 acres Vacant Land offered at $99,000 Lot Size 7 acres DESCRIPTION 7.1 Acres with limestone gravel road. Privacy and...

May 22, 2013

PENDING

This morning I had the opportunity to hear from CEO of Bank Of The Pacific. Here are some fascinating statistics that he shared. . . Did you know that only 58% of our population is employed Did you know that only 47% of our population pays income tax Did you know that 47% of our population receives some sort of government benefits Did you know that today there...

Beginning in January of 2014, Fannie Mae and Freddie Mac will no longer purchase loans that are interest only. Nor will they purchase 40 yr loans (amortized over 40 years). WHAT DOES THAT MEAN FOR US? That means starting next year we’ll see fewer local banks offering these loans, as they will not be able to sell them to Fannie Mae or Freddie Mac. Our local...