30yr fixed 4.25%

15yr fixed 3.75%

5/1 ARM   3.25%

FHA 30yr fixed 4.25%

FHA 15yr fixed 3.875%

FHA 5/1 ARM  3. 375%

 Below Average GDP Growth

Uncertainty about the pace of the economic recovery pushed mortgage rates down to another record low this week. The economic outlook is for slower than normal economic growth with low inflation, which is favorable for mortgage rates. The risks of a "double dip" recession and deflation also increase demand for relatively safer investments such as mortgage-backed securities (MBS).The consensus economic outlook is for slower than average economic growth for several years. The Gross Domestic Product (GDP) report released this week was consistent with this view. GDP increased at a 2.4% annual rate during the second quarter of 2010, which was below the long-term average of about 3.0% per year. With a high Unemployment Rate, below normal economic growth is far from ideal for the labor market, but this is what investors expect. If the economy performs much more poorly, however, the consequences could be severe. The Fed's Bullard stated this week that he is worried about the risk of a deflationary period in the US similar to that of Japan, which would be very undesirable for the economy, but which would likely lead to lower mortgage rates. He emphasized that he thinks that the most likely scenario is for continued modest economic growth.The best steps to take to stimulate the economy are being highly debated right now. It's not clear whether further monetary stimulus from the Fed would be effective enough to offset the downside effects. As a result, most Fed officials feel that they should not take additional actions unless the economy experiences a major downturn. Given enormous budget deficits, fiscal stimulus (more government spending) is also a highly contested option. The Fed's Fisher pointed to uncertainty about government policies and regulations as a major obstacle for faster growth, but this may not change very quickly. In any case, if the economy follows the expected path for modest economic growth, it may be difficult for the Fed or the government to launch any major new stimulus actions.


Also Notable:June New Home Sales rose 24% from a record low level in MayConsumer Confidence fell to the lowest level since FebruaryThe Fed's Beige Book painted a picture of slow economic growth in most regionsThe Obama administration will provide a "comprehensive housing finance reform proposal" by Jan. 2011


* All material Copyright © Ress No. 1, LTD and may not be reproduced without permission.
Brandon RoyNMLS #119434

Residential Lending Fairway Independent Mortgage Corporation

Cell: 206-229-3944

Fax: 425-943-7725

Email: broy@remedygroupmortgage.com

http://www.fairwayindependentmc.com/

Rate Loan amount

4.5% $395,000

5.0% $372,000

5.5% $351,000

6.0% $333,000

6.5%   $316,000

As you can see, a small difference can make a huge impact on the affordability of a new home!  Contact Troy for today’s interest rate.

Most of the data still indicates a growing economy, rather than a shrinking one.  Both of the previous two recoveries had periods of very slow real GDP growth in their first couple of years.  This suggests that the recovery that began in July 2009 will be a “jobless recovery” with modest job growth, slow declines in unemployment rates, and periods of weak real GDP growth, rather than a double dip recession.

We saw a sharp, but expected, decline in home sales following the expiration of the tax credit at the end of April. Pending home sales in King County were down 45.3% from April to May 2010.  However, modest job improvement, record low mortgage rates, and improving demographics suggest that home sales should rebound in the second half of the year.

Barring any unforeseen shocks to the economy, home sales should increase at a faster pace in 2011.

30yr fixed 4.25%

15yr fixed 3.75%

5/1 ARM   3.25%

FHA 30yr fixed 4.25%

FHA 15yr fixed 3.875%

FHA 5/1 ARM  3. 375%



"Unusually Uncertain"

Mortgage rates moved even lower during the week, as uncertainty about the pace of the economic recovery has increased investor demand for relatively safer assets such as government guaranteed mortgage-backed securities (MBS). The Fed Chairman acknowledged during the week that the economic outlook is even more difficult than usual to predict right now. Uncertain economic growth with low inflation is a favorable environment for mortgage rates.In his semi-annual testimony to Congress, Fed Chief Bernanke described the economic outlook as "unusually uncertain". According to Bernanke, this is the worst labor market since the Great Depression, and it is recovering more slowly than expected. Still, the Fed forecasts modest economic growth in 2010 with low inflation. Important for mortgage rates, Bernanke expressed reluctance to provide further monetary stimulus, unless the economy falters badly. He suggested that the upside of additional Fed actions may be limited, while the downside is that it would raise future inflation expectations.In the housing sector, June Existing Home Sales declined 5% from strong May levels to an annual rate of 5.37M units, which was well above the consensus forecast of 5.10M. Existing sales were 10% higher than one year ago. First-time buyers accounted for 43% of existing home sales in June. Existing home sales have been helped in recent months by the homebuyer tax credit. Even with the end of the tax credit, though, the National Association of Realtors (NAR) expects annual existing home sales to increase in 2010 and to rise further in 2011.
Brandon RoyNMLS #119434Residential LendingFairway Independent Mortgage CorporationCell: 206-229-3944Fax: 425-943-7725Email: broy@remedygroupmortgage.comhttp://www.fairwayindependentmc.com/

Despite the sharp decline in pending sales, due to the expiration of the tax credit, the number of homes sold remained surprisingly steady month to month since March.  Year to year, the number of homes sold is up 1% from June 2009.  For a detailed report of recent sales and inventory levels in your neighborhood, contact Troy.

Rates Remain Low

With very little economic news during the short holiday week, mortgage rates remained at the lowest levels in decades. While mortgage rates ended the week slightly lower, the level of volatility in mortgage markets and other financial markets was relatively high. Even without major news, sudden movements in rates were common during the week. The stock market displayed similar price swings, as the Dow recovered the roughly 400 points it lost the prior week. This volatility in financial markets reflects the high level of investor uncertainty about the pace of global economic growth.The current low mortgage rates can be attributed to a couple of factors. One is that inflation is under control and is expected to remain low for quite a while. Another is that demand for mortgage-backed securities (MBS) is high. When packaged and sold as government guaranteed MBS, mortgages are viewed as safe investments, much like US Treasury securities, and safety has been important to investors in these uncertain times. With financial regulatory reform behind them, Congress is now beginning to consider the appropriate role for the government in the housing market. Central issues include government guarantees for mortgages and the future of Fannie Mae and Freddie Mac. The debate is expected to be long and difficult, with no easy answers.


Also Notable:Weekly Jobless Claims dropped to the lowest level in two monthsAs expected, the European Central Bank (ECB) made no change in ratesThe Treasury will auction $69 billion in 3-yr, 10-yr, and 30-yr securities next weekThe Fed's Fisher suggested that the main economic challenge is building confidence






Average 30 yr fixed rate:Last week:-0.05%
This week:-0.02%
Stocks (weekly):Dow:10,100+400NASDAQ:2,175+75
  Week AheadThe most significant economic data next week will be the monthly inflation reports. The Producer Price Index (PPI) focuses on the increase in prices of "intermediate" goods used by companies to produce finished products and will come out on Thursday. The Consumer Price Index (CPI), the most closely watched monthly inflation report, will come out on Friday. CPI looks at the price change for those finished goods which are sold to consumers. In addition, The Retail Sales report will be released on Wednesday. Retail Sales account for about 70% of economic activity. The detailed FOMC Minutes from the June 23 Fed meeting will also come out on Wednesday. Industrial Production, an important indicator of economic growth, is scheduled for Thursday. Empire State, Import Prices, Leading Indicators, the Trade Balance, Consumer Confidence, and Philly Fed will round out the week. There will be Treasury auctions on Monday, Tuesday, and Wednesday.

Rates Remain Low

With very little economic news during the short holiday week, mortgage rates remained at the lowest levels in decades. While mortgage rates ended the week slightly lower, the level of volatility in mortgage markets and other financial markets was relatively high. Even without major news, sudden movements in rates were common during the week. The stock market displayed similar price swings, as the Dow recovered the roughly 400 points it lost the prior week. This volatility in financial markets reflects the high level of investor uncertainty about the pace of global economic growth.The current low mortgage rates can be attributed to a couple of factors. One is that inflation is under control and is expected to remain low for quite a while. Another is that demand for mortgage-backed securities (MBS) is high. When packaged and sold as government guaranteed MBS, mortgages are viewed as safe investments, much like US Treasury securities, and safety has been important to investors in these uncertain times. With financial regulatory reform behind them, Congress is now beginning to consider the appropriate role for the government in the housing market. Central issues include government guarantees for mortgages and the future of Fannie Mae and Freddie Mac. The debate is expected to be long and difficult, with no easy answers.


Also Notable:Weekly Jobless Claims dropped to the lowest level in two monthsAs expected, the European Central Bank (ECB) made no change in ratesThe Treasury will auction $69 billion in 3-yr, 10-yr, and 30-yr securities next weekThe Fed's Fisher suggested that the main economic challenge is building confidence






Average 30 yr fixed rate:Last week:-0.05%
This week:-0.02%
Stocks (weekly):Dow:10,100+400NASDAQ:2,175+75
  Week AheadThe most significant economic data next week will be the monthly inflation reports. The Producer Price Index (PPI) focuses on the increase in prices of "intermediate" goods used by companies to produce finished products and will come out on Thursday. The Consumer Price Index (CPI), the most closely watched monthly inflation report, will come out on Friday. CPI looks at the price change for those finished goods which are sold to consumers. In addition, The Retail Sales report will be released on Wednesday. Retail Sales account for about 70% of economic activity. The detailed FOMC Minutes from the June 23 Fed meeting will also come out on Wednesday. Industrial Production, an important indicator of economic growth, is scheduled for Thursday. Empire State, Import Prices, Leading Indicators, the Trade Balance, Consumer Confidence, and Philly Fed will round out the week. There will be Treasury auctions on Monday, Tuesday, and Wednesday.

Bank of America and the investor are countering this offer:

·                    They want the sales price increased by $20,000 

·                    The buyers closing costs will only be approved at 3% of purchase price

·                    They are requesting the seller bring in $5,000 at closing and or sign a promissory note for    $13,000

·                    They will not cover any utility payments at closing

·                    They will not pay the short sale negotiation fee

This is why you need a good team on your side to navigate through the world of Short Sales. Contact the Troy Anderson Team if your facing a foreclosure or have short sale questions. 206-588-8409

Bainbridge Island: dusk, over Eagle Harbor

Bellevue: 10:05 p.m., Bellevue Downtown Park, 10201 N.E. Fourth St.

Carnation: dusk, Tolt-MacDonald Park; parking $5

Des Moines: dusk, Des Moines Marina, 22307 Dock St.

Edmonds: 10 p.m., Civic Stadium, Sixth Avenue and Bell Street

Enumclaw: 9:30 p.m., Enumclaw Expo Center, 45224 284th Ave. S.E.

Everett: 10 p.m., Legion Park, 145 Alverson Blvd.; free bus from Everett Community College Broadway lot and Everett Station

Federal Way: 10:15 p.m., Celebration Park, 1095 S. 324th St.; free on-site parking opens 5:30 p.m.

Kenmore: 10 p.m., Log Boom Park, Northeast 175th Street and 61st Avenue Northeast; additional parking available: Kenmore Lake Building, 6161 N.E. 175th St.; Bethany Bible Church, 6214 N.E. Bothell Way; and Uplake Professional Center, 5723 N.E. Bothell Way

Kent: 10 p.m., Lake Meridian Park, 14800 S.E. 272nd St.; free parking/shuttle bus every 20 minutes, Kentwood High School, 25800 164th Ave. S.E., and Kent Fire Station No. 75, 15635 S.E. 272nd St.

Kingston, Kitsap County: dusk, Mike Wallace Park

Kirkland: 10 p.m., Marina Park, 25 Lake Shore Plaza

Newcastle: 10 p.m., Lake Boren Park, Southeast 84th Avenue and Coal Creek Parkway Southeast; parking and free shuttle from Newcastle Elementary School

Orting, Pierce County: dusk, Lions Field

Puyallup: 9 p.m., Puyallup Fair and Events Center, 110 Ninth Ave. S.W.

Renton: 10 p.m., Gene Coulon Memorial Beach Park, 1201 Lake Washington Blvd.

Sammamish: 10:15 p.m., Sammamish Commons Park, 801 228th Ave. S.E.

Seattle: 10 p.m., Lake Union

Tacoma: 10:10 p.m., Waterfront Park, Ruston Way

Tukwila: dusk, Fort Dent Park, 6800 Fort Dent Way

Vashon Island: dusk, Quartermaster Harbor

Bothell Road Closure Information

Notes for Bothell events:
Limited disabled parking will be available at Bothell City Hall (18305 101st Ave. NE, Bothell); first come, first serve. 
Lost persons during the event should contact a blue-vested City volunteer to proceed to the designated Lost Persons Area.
PLEASE NOTE: DUE TO CONSTRUCTION AND LIMITED PARKING, THERE WILL BE NO COMMUNITY DANCE OR RE-ENACTMENT OF THE BATTLE OF CONCORD THIS YEAR.

Sunday, July 4
City of Bothell Fire and E.M.S. Pancake Breakfast  9:30 to 11:30 a.m.
Downtown Firehouse (10726 Beardslee Blvd.)

Children's Parade 12:15 p.m.
Line-up at 104th Avenue NE & Main Street.  Parade route proceeds west on Main Street and then north on Bothell-Everett Highway to NE 188th Street.  Children must be accompanied by an adult throughout the parade route. No supervision is provided.

Grand Parade 1 p.m.  PARADE APPLICATION
This year's theme is "Under Construction."  Parade route proceeds west on Main Street and then north on Bothell-Everett Highway to NE 188th Street. Event sponsors are Pacific Medical Center, University of Washington Bothell and Bothell Pediatric and Hand Clinic.
NOTE FOR NON-REGISTERED BOTHELL GRAND PARADE PARTICIPANTS: You must arrive at UW Bothell/Cascadia no later than 11 a.m. to register and participate.  


City of Woodinville
www.ci.woodinville.wa.us  or City Event Line 425.984.2346

Notes for Woodinville event:
Public parking is available across the street from the Wilmot Gateway Park adjacent to the new baseball fields.
Free children’s crafts, contests (including most patriotic costume) and limited food choices from non-profit vendors will be all be part of the fun.
Spectators are encouraged to bring a blanket or chair. 

Sunday, July 4
Red, White and BLUESFEST at Wilmot Gateway Park, 17301 131st Ave. NE, Woodinville
(bands and performance times listed below)

Come join us at Wilmot Gateway Park to enjoy our 4th annual Bluesfest event which this year will feature an array of Salsa, Blues, and Jazz music. Bring a picnic and enjoy our beautiful park by the river. All events are free! The event is sponsored by Pacific Medical Centers.

SALSA- Orchestra Zarabanda : 3:30-4:40 p.m. 
BLUES- Becki Sue and Her Big Rockin’ Daddies:  5:00-6:30 p.m.
JAZZ- The Tempos: 6:50-8:00 p.m.

 
City of Kenmore
www.cityofkenmore.com/events  or 425.398.8900

Notes for Kenmore event:
Spectators are encouraged to bring a blanket or chair.
Parking available at Log Boom Park (NE 175th St & 61st Ave NE), Kenmore Lake Building (6161 NE 175th St), Bethany Bible Church (6214 NE Bothell Way), and Uplake Professional Center (5723 NE Bothell Way).
Limited disabled parking will be available at Log Boom Park (NE 175th St and 61st Ave. NE); first come, first serve.

Fourth of July Fireworks 10 p.m.
Log Boom Park, NE 175th Street and 61st Avenue NE
A fireworks spectacular display over Lake Washington. The event is sponsored by Pacific Medical Centers.


 (# # #)

15yr fixed 3.875%

5/1 ARM   3.375%

FHA 30yr fixed 4.375%

FHA 15yr fixed 3.875%

FHA 5/1 ARM  3.625%

Also Notable: The Unemployment Rate fell to the lowest level since July 2009 The Core PCE inflation index rose at a tame 1.3% annual rate Consumer Confidence dropped to 53 from 63 last month The Fed's Duke suggested that Fed MBS sales are a long way off

*Market update from MBSquoteline.com All material Copyright © Ress No. 1, LTD and may not be reproduced without permission

Brandon Roy

NMLS #119434
Residential Lending

Fairway Independent Mortgage Corporation
Cell: 206-229-3944
Fax: 425-943-7725
Email: broy@remedygroupmortgage.com

http://www.fairwayindependentmc.com/

Take a look at  our E-Commercial

http://www.castnetmedia.com/fairway/10th.html  

If your in the market to buy, then affordability is better than ever now! Some of my listings are below, and I also have access to thousands more.

If you say "who cares Troy!" and don't have a mortgage or don't want to buy a home, then think about someone you may know and pass this along to them. They may not be aware that rates are so low or that affordability is at an all time high.

As always, thank you and I look forward to speaking with you soon!

11221 NE 141st St, Kirkland, Washington Price: $350,000.00 Beds: 3.00 Baths: 1 Sq Ft: 1480 Description: Watch the Video of this attractive 3br. on bright & sunny corner lot! Swedish finished hardwood floors on the main level. Remodeled kitchen w/granite counter tops, built-in wine rack, under cab. l .... View this property >>

12314 15th Ave SW, Seattle, Washington Price: $459,950.00 Beds: 4.00 Baths: 2 Sq Ft: 2890 Description: Shorewood View Estates: A small enclave overlooking the waters of Puget Sound & the Olympic Mtns. This newly constructed home nestles up to open space, enjoy privacy and serenity while soaking in .... View this property >>

15756 simonds Rd NE, Kenmore, Washington Price: $264,000.00 Beds: 3.00 Baths: 1 Sq Ft: 1420 Description: Looking for a building site or a starter home in a rapidly developing area? Newer roof and sheeting, windows, newer gas furnace. 23,460 sq.ft. lot. Sewer, gas, water and electric on site. House has be .... View this property >>

1610 S Winthrop St, Seattle, Washington Price: $349,000.00 Beds: 2.00 Baths: 1 Sq Ft: 1660 Description: Fabulously remodeled in 2007, imagine super central living just blocks to the light rail station, shopping, parks, library, and EZ access to I-5 or I-90. This home features: New electrical, plumbing, .... View this property >>

18310 5th Ave NE, Shoreline, Washington Price: $209,000.00 Beds: 2.00 Baths: 1 Sq Ft: 0 Description: Best value in Shoreline! Amazing mid century single story just minutes to all Seattle has to offer. Recently restored w/new roof & paint. Imagine gleaming solid oak floors throughout, and a cosmic .... View this property >>

20121 101st Ct SE, Kent, Washington Price: $209,000.00 Beds: 3.00 Baths: 2 Sq Ft: 1540 Description: Fantastic cul-de-sac location, this home has a great outlook across the valley. Kitchen features island that opens into the dining room & living room w/cathedral ceilings. Master bedroom w/ensuite .... View this property >>

3867 Rainier Ave S, Seattle, Washington Price: $299,900.00 Beds: 2.00 Baths: 1 Sq Ft: 1626 Description: $30k price improvement. Wonderful business opportunity for a small business owner to live where you work! Possible development site! Amazing location, plenty of free parking across the street @ Safewa .... View this property >>

6225 Woodland Place N, Seattle, Washington Price: $540,000.00 Beds: 4.00 Baths: 2 Sq Ft: 2020 Description: Great investment or owner occupied opportunity. Well Maintained. Upper unit is a 3bed/2bath space full of craftsman charm. 10' ceilings, fir flrs, open kitchen w/ dishwasher, clawfoot tub in upper bat .... View this property >>

Respectfully,
The Troy Anderson Team

15yr fixed 3.875%

5/1 ARM   3.375%

FHA 30yr fixed 4.375%

FHA 15yr fixed 4.00%

FHA 5/1 ARM  3.625%

*Market update from MBSquoteline.com All material Copyright © Ress No. 1, LTD and may not be reproduced without permission

Brandon Roy

NMLS #119434
Residential Lending

Fairway Independent Mortgage Corporation
Cell: 206-229-3944
Fax: 425-943-7725
Email: broy@remedygroupmortgage.com

http://www.fairwayindependentmc.com/

15yr fixed 4.125%

5/1 ARM   3.5%

FHA 30yr fixed 4.5%

FHA 15yr fixed 4.125%

FHA 5/1 ARM  3.625%

Mortgage Market Update

It is still definitely the most opportune time to buy. With Low housing Prices and Low Low rates this week was especially good to those who decided to purchase a home. Economic data moved mortgage rates this week. Slower than expected economic growth data and tame inflation figures were favorable for mortgage markets. As a result, mortgage rates ended the week lower.

Will the "close by" deadline to receive the Home Buyer Tax Credit be extended? The answer to this question is not known as of this Friday morning. The Senate has approved an amendment to a larger bill to do so, but the larger bill is still being debated and its passage is not certain. Extending the "close by" deadline will benefit qualifying home buyers who are not able to close by June 30, the original deadline. Extending the deadline sooner rather than later would help relieve some anxiety. Right now, people in all phases of the home buying process are working very long hours to close an unusually large number of purchases before the end of the month. lower.

Other Notable news

• May Housing Starts fell 10%, and Building Permits declined 6%
• In April, job openings rose to the highest level in 16 months
• The government debt of Greece was downgraded again
• The Treasury will auction $108 billion in 2-yr, 5-yr, and 7-yrs next week

*Mortgage Market update provided by MBSQuoteline.com

Brandon Roy

NMLS #119434
Residential Lending

Fairway Independent Mortgage Corporation
Cell: 206-229-3944
Fax: 425-943-7725
Email: broy@remedygroupmortgage.com

http://www.fairwayindependentmc.com/

Basically, the definition of the short sale process is when the lender of a property allows the property to be sold for less than the amount due on the mortgage loan.

The obvious benefit to the short sale process is that it allows the seller to avoid the credit report damage associated with a foreclosure. A foreclosure can stay on your credit report for up to 10 years and can take an emotional and financial toll on you and your family.

But the pitfalls of the short sale process should be considered as well. The I.R.S. may consider any debt forgiveness as taxable income, thus resulting in a tax liability. In addition, lenders can often pursue a borrower for the deficiency balance (the difference between the amount owed and the amount paid).

In some cases you may be able to avoid taxation if you can prove you are insolvent. But if insolvency is unsuccessful, and you are faced with a tax liability resulting from the deficiency amount, it may make more financial sense for you to let the lender foreclose.

The Short Sale Process

The short sale process can vary, but it will generally work as follows:

1) The lender is contacted to discuss the possibility of a short sale and to determine the lender's process for completing the sale.

2) The seller issues a letter authorizing the release of personal information about the loan and the property to the buyer or escrow agency.

3) The lender will review a settlement statement, which will indicate the proposed selling price, remaining loan balances and itemize all expenses, including real estate commissions and other fees and expenses associated with the closing.

4) The seller will complete a "hardship letter," which will detail and explain all financial difficulties. Lenders will usually want to validate the seller's financial situation by looking at bank statements, investment accounts, along with examining paystubs and other financial records.

5) The lender will then look to the broker to provide a price opinion by examining the condition of the house and the market value of comparable properties.

6) The lender will then want to scrutinize the purchase agreement to determine if all amounts are reasonable and the real estate commission is acceptable.

Because of the documentation required, the short sale process can be lengthy. But if done correctly, it can work well for all parties involved. The lender avoids the uncertainty of the foreclosure process, the seller avoids a foreclosure on his or her credit report (along with potential bankruptcy), and the buyer hopefully got a good deal on a property.

Considering the complexity of the short sale process, you must be educated. If you are considering a short sale, make sure that you discuss your situation with a competent lawyer and accountant. The more educated you are on the process, the easier the transaction will be, and the better the impression you will make on the lender.

By ANDREW TAYLOR (AP) 19 hours ago WASHINGTON

 The Senate on Wednesday approved a plan to give homebuyers an extra three months to finish qualifying for federal tax incentives that boosted home sales this spring. The move by Senate Majority Leader Harry Reid would give buyers until September 30 to complete their purchases and qualify for tax credits of up to $8,000. Under the current terms, buyers had until April 30 to get a signed sales contract and until June 30 to complete the sale. The proposal, approved by a 60-37 vote, would only allow people who already have signed contracts to finish at the later date. About 180,000 homebuyers who already signed purchase agreements would otherwise miss the deadline. Reid, D-Nev., added the proposal to a bill extending jobless benefits through the end of November. Nevada has the nation's highest foreclosure rate, and Reid is facing a tough re-election campaign. The Realtors group has been pushing hard in Congress for the extension. Mortgage lenders, the trade group says, have been swamped with borrowers trying to get approved by the end of the month. Many potential borrowers are unlikely to make the deadline. "If Congress fails to act promptly, then prospective homebuyers might not get the benefit of the homebuyer tax credit, even though they have completed contracts," the Realtors said a a letter to lawmakers. First-time buyers were eligible for a tax credit of up to $8,000. Current owners who bought and moved into another home could qualify for a credit of up to $6,500. The $140 million cost of the measure would be financed by denying businesses the ability to deduct from their taxes punitive damages paid when losing lawsuits or judgments.

Great investment or owner occupied opportunity. Well Maintained. Upper unit is a 3bed/2bath space full of craftsman charm. 10' ceilings, fir flrs, open kitchen w/ dishwasher, clawfoot tub in upper bath, 600 sq ft. deck, fenced side yard w/ dog door, ample storage in attic and bsmnt. Lower unit has newer carpet and kitchen w/ separate entrance & yard. Separate meters, tenants pay all utilities. Stable tenants. Legal non-conforming duplex. Two blocks to Green Lake & Woodland Park.

Practically new manufactured home in a fabulous park. Located on a corner lot at the end of the cul-de-sac make this an ideal home. Carport with tons of parking, shed for storage. Awaiting you inside is a large entertaining living room and dining room that lead into the open kitchen. Master bedroom features a soaking tub, stand up shower, and double sinks. All appliances stay. New roof installed recently. Make it home today.

30yr fixed 4.625%

15yr fixed 4.25%

5/1 ARM   3.5%

FHA 30yr fixed 4.75%

FHA 15yr fixed 4.25%

FHA 5/1 ARM  3.75%

Brandon Roy

NMLS #119434

Residential Lending

Fairway Independent Mortgage Corporation

Cell: 206-229-3944

Fax: 425-943-7725

Email: broy@remedygroupmortgage.com

http://www.fairwayindependentmc.com/