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Request My Free Relocation Package! Moving your family to another town or state is a major event in your life! I have helped many families and individuals relocate! Find Out More > View All Offers >
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1.$8,000 Tax Credit Has Been Extended The $8,000 First-Time Home Buying Tax Credit is now extended through April 30th, 2010. Plus, the program has been expanded to include repeat buyers (current owners) too — giving those who qualify up to $6,500! This is not a loan (unless you stay in the house for less than three years). Lastly, in order to qualify, the house you purchase must be a main residence and not an investment property you intend to rent out. For more information and a complete "Q&A", please visit FederalHousingTaxCredit.com or contact us at (360)312-5151. 2. ZERO Down Financing through USDA Rural Development Loan In 2008, most if not all lenders did away with all ZERO down loan programs. This can make buying a house for the first time home buyer very difficult. The good news is that the ZERO down program is back and better than ever! Most homes outside of Bellingham’s city limits qualify in Whatcom County. There are some income restrictions for this loan so you will need to speak with a lender to find out if you qualify. The best part is, that you won’t have to pay any PMI (private mortgage insurance)! 3. Historically Low Interest Rates It's not just the price of the home that will affect affordability; mortgage terms will also play a large part in your monthly payments. Today, mortgage rates are historically low at around only 5%. 4. Affordability Affordability is now better than ever! With all the motivated sellers, foreclosures, and short sales in this market, home prices are continuing to drop. In fact, according to the National Association of Realtors' housing affordability index, homes were more affordable in December 2008 than at any other point since the group started the index in 1970. 5. Large Inventory In this market it can take months for a homeowner to sell, creating loads of inventory — from new homes to existing homes to foreclosures. A large selection gives buyers more choices and drives down prices. It's fair to say that home sellers have become increasingly motivated and buyers can take advantage. For more information on any of the above, please contact us at (360)312-5151 or by filling out the form below. 
Working With An Agent >Real Estate Agent Representation
Which party in a real estate transaction is represented by the real estate agent--the buyer or the seller? Until recently that question was never asked because the answer was always the same. Traditionally all the marketing professionals involved in real estate transactions were legally and ethically obligated to conduct business on behalf of the seller. They may have aided the buyer in certain situations, but their client was the seller. Today that is not necessarily the case.
In a time of increasing specialization, buyers can be represented by a real estate agent who functions solely as a buyer's broker. In this case, the sales professional helps the buyer locate a home, negotiate the price, and is responsible to the buyer only, for an agreed-upon fee or a percentage commission.
In any real estate transaction you have the right to know which party the real estate agent is representing.
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| Q |
Where would you go to visit the largest ancient castle in the world?
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| A |
You would travel to Prague, Czech Republic, to see the Prague Castle, built in the 9th century, with a total surface area of 18 acres. |
See More Real Estate Trivia > |
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Chris Weitzel & Associates RE/MAX Whatcom County 1937 Lake Whatcom Blvd Bellingham, WA 98229 Direct: (360) 312-5151 Toll Free: (888) 733-7518 Email: chrisweitzelandassoc@NUMBER1EXPERT.com
Chris Weitzel & Associates is the #1 Real Estate "Team" in Whatcom County and we have over a combined 65 years of experience. With a top listing agent, two buyer's agents, a marketing specialist and a transaction coordinator - we have all the professionals and tools to handle any real estate transaction.
We hope that you will choose Weitzel & Associates to represent you during your next real estate move in Whatcom County. 
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