Tag Archives: homebuying

Facebook Testimonial: Highly recommended forever!

Five-Star Zillow TestimonialThanks to Jennie Trapanese for telling it like it really ease – buying a home isn’t easy – but it can be less stressful with the right Realtor.

“No one said buying a house was easy but, hot damn, the speed bumps along the way are enough to knock out a filling! Marti handles all the stress so well and never gives up on a client. No matter the circumstances, she will be at your side in a moment’s notice. I don’t know how she does it, but she does it well. Highly recommended forever!”

~ Jennie Trapanese, November 25, 2017

Read Jennie’s five-star review on Facebook here.

The Current Cost of Renting vs. Buying

Deciding to buy a home instead of renting is a tough call, especially in a hot real estate market like this one where housing is scarce. This infographic shows that the tide has shifted a bit, and it will actually cost you less to purchase a home than it is to rent a home, apartment, condo or townhouse. Buying right now costs significantly less than renting.


Here are some other statistics from Trulia’s Rent vs. Buy Report:

  • Interest rates remain low, and though home prices are appreciating, they haven’t outpaced rental appreciation.
  • Shifts in the ‘rent vs. buy’ decision are largely driven by changes in mortgage rates.
  • Nationally, rates would have to reach 9.1% (the current average is 4%) for renting to be cheaper than buying.

For more on renting versus buying, please read these two previous blog posts:

If you’re thinking of buying instead of renting this summer, give us a call. We can help you analyze your situation, so you can make the right choice.

The True Cost of Waiting to Buy a Home

Are you thinking about buying a home this year, but aren’t certain because it is a seller’s market? Are you waiting because home inventory is low and you are waiting for the perfect house? Here is one good reason to reconsider that plan — interest rates WILL go up — which means you could pay tens of thousands of dollars more for the same priced home next year. Check this out!

The True Cost of Waiting to Buy a Home
Not sure what to do? Give Team Marti a call at 253-246-8938 today. We’d be happy to evaluate your situation to help you decide what is right for you!


What’s the Difference Between Being Pre-qualified and Pre-approved for a Mortgage?

What’s the Difference Between Being Pre-qualified and Pre-approved for a Mortgage?There are all kinds of terms thrown around when it comes to buying a home. Two of these terms are “pre-qualified” and “pre-approved.” While these terms are similar, they are, in fact, very different. Let’s talk about the differences.


Being pre-qualified for a mortgage does not guarantee that you will get a mortgage. A lender will talk to you while you’re still a prospective buyer and ask you questions about your credit, assets and income. During this meeting, you will not be required to show proof of income, and a credit check will not be run. There’s no harm in being pre-qualified, but focusing on pre-approval should be your priority.


Pre-approval from a lender means your credit check has been approved, and that your income and assets have been verified by the lender. The mortgage lender has made a decision to lend you money to buy a home.

There is a time frame to use your pre-approval for the purchase of a home, generally 120 days, according to Realtor.com. For pre-approval, you will need at least two years of tax documents, several weeks of paystubs, your two most recent tax returns, and any other proof of your income. A credit score of 740 or higher will help you get the lowest interest rates and a minimum credit score of 620 to be approved for an FHA loan.

In short, pre-qualification means a lender will have an overview of your financial history, without pulling a credit report or verifying your income. Pre-qualification will not help much when it comes to buying a home, but it will help you learn where you stand and if there are areas you need to work on. Pre-approval, on the other hand, is vital to getting a mortgage.

For more information, please contact your mortgage lender or an experienced Realtor®. Good luck!


The Buying & Selling of Real Estate Benefits the Entire Community

Force-placed-ins-money-house-article-2Buying or selling a home not only offers us benefits, like equity, comfort & stability, it also positively impacts our community. Every time a home is sold, it sets off a series of events that generates an economic impact on the area around it. In fact, according to the National Association of Realtors, the transfer of real estate in Washington boosts the economy by $76,000, on average!

Typically, there are 26 services involved in a single real estate transaction in the 30 days before and after a real estate transaction has closed. Buyers and sellers may use services such as home remodel/repair contractors, painters, plumbers, etc. during and after the closing of a sale.

In addition, the community experiences a positive economic impact when buyers and sellers utilize the following services: mortgage lending, title insurance, escrow, home appraisal, real estate brokerages, movers, storage facilities, hardware and home product stores, and the purchase of new furniture & appliances.

I love my real estate business because it allows me to serve my community by helping individuals and families own a piece of the American Dream. Homeownership has a direct, positive impact on the health of our community, and that’s important to me, and it’s good for all of us!

Working for you,

Marti FB profile pic




Marti Reeder, Realtor, Broker, CRS


5 Common First Time Homebuyer Mistakes

According to Real Estate Checklists and Systems, these are the five most common first-time home buyer mistakes.

  1. They don’t ask enough questions of their lender and end up missing out on the best deal. (Or get a 2nd quote – I can help you with all of this!)
  2. They don’t act quickly enough to make a decision and someone else buys the house. (Yes, it happened to my buyer’s just last week, because they didn’t heed my advice.)
  3. They don’t find the right agent who’s willing to help them through the homebuying process. (And since this is my full-time job, I’m ready, willing & able to help you!)
  4. They don’t do enough to make their offer look appealing to a seller. (I am specifically trained in persuasive writing skills, which pour over to my verbal negotiations as well.)
  5. They don’t think about resale before they buy. The average first-time buyer only stays in a home for four years. To break even, they often need to stay longer. (I WILL reference “future re-sale” if you tell me you want to buy the house that backs up to a manufacturing plant even though it’s been totally upgraded. True story!)

To avoid these mistakes, I recommend that you work with a trained Buyer’s Representative like me. To learn more, please call me for a free no obligation real estate consultation. I’d love to help explain the homebuying process, so we can be sure to ask all of the right questions up front!

Working for you,

Marti Reeder

Named “Best of Kent” Realtor 2008, 2009 & 2010
Named “Five Star Real Estate Agent” by Seattle Magazine