Good news as we go into 2021 foreclosure rates are 96% lower than 2010. Segment 1. Market information and updates: Interest rates for 2021, what to expect - Janet Yellin - may be secretary of the treasury. - Debt loads and the USA needing to borrow to pay debt. - Lower rates expected short term but long term may be going up. Segment 2. Housing stats and what this week shows of on market listings. Segment 3. House bill 5160 and the big negative impact it will have on small landlords. 2 Year requi...
Jan 23, 2021•50 min•Season 6Ep. 207
Segment 1: Covering the locations where you can go online like www.annualcreditreport.com for your legally approved annual report, to check to make sure there are no anomalies, plus www.myFICO.com for purchasing your credit score. These are separate items, so be aware of the difference and listen in to learn more about it. Notice to listeners that the “credit repair” and “debt recovery” companies who are taking lots of air time with ads recently are basically wolves in sheep clothing, preying on...
Jan 16, 2021•50 min•Season 6Ep. 206
Segment 1: Real Estate home sales in the Puget Sound region are BUSY! With nearly 3:1 ratio of buyers to sellers, we are looking for people interested in selling soon because demand is very pent up. Which leads into the fact that affordability is even better now with a NEW 52-week low in rates. Segment 2: Eric shares with us how wonderful these rates are in almost all categories of loan products. Introduction to Casey McLean and what SR3 stands for – SeaLife Response + Rehab + Research. The prog...
Jan 09, 2021•50 min•Season 6Ep. 205
In this first Open House of 2021, Reba and Eric discuss the reemergence of the housing market post-Covid and the underlying dynamics making it a very good time to buy. Plus, a discussion about why getting all your financing information off the internet without running it past an expert could spell trouble, particularly if you plan to buy and renovate with a zero-down loan. And a look at a host of curious statistical information and the kinds of market trends it may portend (ever heard of the Cit...
Jan 02, 2021•50 min•Season 6Ep. 204
Good stories both entertain and inform, and on this post-Christmas episode of Open House, Reba and Eric share a few tales with some very purposeful morals when it comes to homebuying - most importantly, trust the experts. You’ll come away from this episode with some pointers for locating ghosts of renovations past, when to make an offer higher than asking price, what screams ‘risk’ about you to a seller, what are some of the attributes to seek in a good agent, and some important parallels betwee...
Dec 26, 2020•50 min•Season 6Ep. 203
Take your tastebuds on a trip around the world with this episode of Open House. Reba and Eric invite Kara Martin, program director of Food Innovations Network, to discuss their innovative business incubator program, Spice Bridge. South King county is home to many new immigrants and refugees searching for employment in a strange and confusing environment. Spice Bridge offers them the opportunity to open their own restaurants, and share their own unique ethnic cuisine with their new host community...
Dec 19, 2020•50 min•Season 6Ep. 202
On this episode of Open House, Reba and Eric dive into the condo market. You’ll come away with answers to questions like: What are the dynamics at work in this market? How do you identify differences in condo types (boutiques, low- mid- high-rise condos, etc…)? What factors impact the price of condo insurance? What’s your best bet for getting a good condo at the right price? And should you hang onto your condo, or ditch it? Plus, a very awkward incident Reba had in connection with Seattle’s Esca...
Dec 12, 2020•50 min•Season 6Ep. 201
We don’t always get to plan what happens to us in life, but we can plan how to help our families once we are gone. On this episode of Open House, Reba and Eric, speak with Cameron Smock of Bonney Watson Funeral & Cremation Services, the longest running business in Washington State (founded in 1868). Every life is worth celebrating. How will you plan your celebration? Bonney Watson provides a list of resources for families who have lost a loved one, as well as an excellent brochure covering t...
Dec 05, 2020•50 min•Season 6Ep. 200
It’s just before the holidays… Segment 1: Boating, SUPs, kayak safety as requested by the local Coast Guard based on recent release of financial status of costs of unnecessary searches. Recreational Boating Association of Washington (RBAW) working on behalf of Puget Sound boaters and related recreational users. Local yacht clubs doing outreach and planning events as goodwill towards the “Friends of Seward Park” who are trying to eliminate anchoring in Andrew’s Bay which is surrounded by the park...
Nov 28, 2020•50 min•Season 6Ep. 199
Welcome back Eric from Cabo! Segment 1: talking timeshares and concerns if you cancel your timeshare and stop paying for it. Beware the companies out there saying they can help you get out of your timeshare! How stopping payments can hurt your credit score and more details on credit. Segment 2: Tik Tok and other online services tracking your info and data collection in your life via social media and marketers tracking you when you shop. Where we are on mortgage rates this week, and do we think t...
Nov 21, 2020•50 min•Season 6Ep. 198
Are we in a real estate bubble yet from Covid? In this week’s episode we discuss what is driving the upward market in Seattle and surrounding areas during Covid. We thank Dodd-Frank (who knew we ever would?) and fiscal conservative measures for where we stand right now on the strength of the market as we compare now (2020) to 2007/2008 and the housing meltdown. In addition, we discuss some of the best practices to institute when hiring contractors for projects on your home. A little planning goe...
Nov 14, 2020•50 min•Season 6Ep. 197
In this episode we discuss appraisal waivers – what they are, how they work, and what banks look at to provide them. There are two kinds of appraisal waiver; one is through your lender and one is via the real estate contract. Reba and Eric talk about the www.WSHFC.org classes they’ve got coming up and VA Loans. The bulk of the rest of the programming is dedicated to Service Animals in real estate. The website at www.ADA.gov gives a great amount of detail on the appropriate ways to handle service...
Nov 07, 2020•50 min•Season 6Ep. 196
Ever been in a pickle? Probably left a sour taste in your mouth. On this episode of Open House, Reba and Eric look at the pickles people land in by failing to do due diligence on their real estate transactions– particularly buyers dealing with the reality of a very hot housing market. You’ll come away from this episode with answers to questions like: What concessions are buyers being tempted to risk in order to make the best offer? Are these sweeteners worth it, and what are the potential conseq...
Oct 31, 2020•50 min•Season 6Ep. 195
In this episode of Open House with Team Reba, we speak with Victoria Do, Eva (Wolfe) Clark, and Brenda Gundersen of the American Cancer Society of Washington. We talk about all the great work they are doing to fight against cancer as well as talk about the Relay for life. To find out more, please visit their website. http://www.relayforlife.org/rentonwa https://www.facebook.com/RelayForLifeRentonTukwila https://www.facebook.com/AmericanCancerSocietyWashington/ https://www.youtube.com/channel/UCy...
Oct 24, 2020•50 min•Season 6Ep. 194
In this episode of Open House with Team Reba, we talk about the books we are currently reading as well as a chance to get a FREE copy of The Compound Effect. Our special guest is Chris Lundgren, author of Accidental Adventures: Alaska and how the book came about. We also talk about why the stories have meaning and how they can help ease the tension during this pandemic. Support the show
Oct 17, 2020•50 min•Season 6Ep. 193
In this episode of Open House with Team Reba, we talk about: The market rate update which there have been some light volatility in rates, but still going strong. How leases DO show up on your credit report and a horror story proving it Market updates proving the housing market in Central WA counties is outperforming King and Snohomish Counties The effects of the Boeing announcement moving the 787 production line to South Carolina Support the show...
Oct 10, 2020•50 min•Season 6Ep. 192
In this episode of Open House with Team Reba, we talk to Robin Corak, CEO of Multi-Service Center, a nonprofit out of Kent, Washington. MSC helps individuals and families from all backgrounds and life experiences that are struggling financially. They provide services primarily in South King County to over 40,000 annually: MSC helps people find housing. We offer rent assistance, family shelter, housing for men and women in recover, permanent supportive housing for veterans and their families, and...
Sep 26, 2020•50 min•Season 6Ep. 191
In this episode of Open House with Team Reba, we talk about appraisal waivers and how they are used in competitive offers in a tight inventory market. We also talk about service animals and what landlord/property managers cannot ask or say within the American Disabilities Act (ADA) guidelines. Also, if you are a veteran, there are SO many opportunities for you right now. Listen in on some of the great programs to buy your dream home. We also have our NEW virtual home buying classes which are sch...
Sep 19, 2020•50 min•Season 6Ep. 190
In this episode of Open House with Team Reba, we talk about Labor Day recollections and boating safety; our NEW virtual home buying classes which are scheduled for: October 13th and 14th, 2020 from 4:30pm - 6:30pm each day and November 14th from 10am-2pm Sign up @ [email protected] On this show we also briefly talk to Laura Elfine of Northwest Green Home Tours. This year's tour is all virtual. Visit: https://www.nwgreenhometour.org to find out more We also talk about a crazy boat turned int...
Sep 12, 2020•50 min•Season 6Ep. 189
In this episode of Open House with Team Reba, we cover the FHFA announcement of a .5% adverse market fee being added to refinances; Issues impacting inflation and if the housing market will be impacted by this refinance boom. We will talk about important topics to bring up when considering refinancing such as occupancy requirements and insurance triggers. And finally, we will go over what’s happening in competitive offers in Puget Sound. Support the show...
Sep 05, 2020•50 min•Season 6Ep. 188
On this week's episode of "Open House with Team Reba", we are talking about the Seatle Real Estate market. Learn how to look at contractor bids as well how the contracting process works and insights into the different charging mechanisms. We will also cover the latest information on the real estate market and mortgage interest rates. We would love to help you sell or buy real estate so please contact us at [email protected]. Support the show...
Aug 09, 2020•50 min•Season 6Ep. 187
On this week's episode of "Open House with Team Reba", we are talking about the Seatle Real Estate market. We will also cover the latest information on the real estate market and mortgage interest rates. We would love to help you sell or buy real estate so please contact us at [email protected]. Support the show
Jul 25, 2020•50 min•Season 6Ep. 186
On this week's episode of "Open House with Team Reba", we are talking with Miny Tafesse of Abysinia Beauty Clinic. We will also cover the latest information on the real estate market and mortgage interest rates. We would love to help you sell or buy real estate so please contact us at [email protected]. Learn more at: www.abyssiniabeautyclinic.com Contact Miny at: [email protected] Support the show...
Jul 19, 2020•50 min•Season 6Ep. 185
On this week's episode of "Open House with Team Reba", we are talking about the good, the bad and the ugly in the real estate market. We will also cover the latest information on the real estate market and mortgage interest rates. We would love to help you sell or buy real estate so please contact us at [email protected]. Support the show
Jul 12, 2020•50 min•Season 6Ep. 184
On this week's episode of "Open House with Team Reba", we are talking about being adaptive in the current real estate market. We will also cover the latest information on the real estate market and mortgage interest rates. We would love to help you sell or buy real estate so please contact us at [email protected]. Support the show
Jul 05, 2020•50 min•Season 6Ep. 183
On this week's episode of "Open House with Team Reba", we are talking with Janis Layman, Seattle Reverse Mortgage Specialist of Homebridge. We will also cover the latest information on the real estate market and mortgage interest rates. We would love to help you sell or buy real estate so please contact us at [email protected]. Support the show
Jun 27, 2020•50 min•Season 6Ep. 24
On this week's episode of "Open House with Team Reba", we discuss how the real estate and mortgage industry statistics. We also talk about the COVID-19 phasing in the real estate market. Learn the latest information in the Seattle real estate market. We would love to hear from you at [email protected]. Support the show
Jun 13, 2020•50 min•Season 6Ep. 23
On this week's episode of "Open House with Team Reba", we discuss how the real estate and mortgage industries have adapted during the pandemic. We would love to help you buy or sell your home. Contact us at [email protected] Support the show
Jun 06, 2020•50 min•Season 6Ep. 22
On this week's episode of "Open House with Team Reba", we provide you a wealth of knowledge to keep you safe. We are here to help you understand the real estate industry. If you have any questions, please let us know! [email protected] Support the show
May 30, 2020•50 min•Season 6Ep. 21
On this week's episode of "Open House with Team Reba", we discuss how the real estate and mortgage industries have adapted during the pandemic. We talk about the frauds going on, generational wealth, and virtual webinars to help you stay informed. If you have any questions, please let us know! [email protected] Support the show
May 23, 2020•50 min•Season 6Ep. 20
