Learn more about Short Sales at www.HelpMeSellShort.com

To Whom It May Concern,

Jeremy Epp is a great guy to work with. I’ve know him for over a decade and have been pleased with his services on more than one occasion. I’m sure you would find him, as I have, to be honest and very competent in the areas of real estate, mortgages, and insurance.

Jeremy will actually do what he tells you he will, and he stays ‘ahead of the curve’ providing, in a timely manner, the informaiton you will need. He also carefully estimates expenses in an approach that leaves little room for surprises. These are traits we truly appreciated in working with him and so can give you an unqualified endorsement of Jeremy and his services.

Tom Behan
Seattle, WA

This new ruling has sent many homeowner association management companys for a tail spin as they frantically attempt to learn how the change will affect their associations.  Stepping through the process of gaining HUD’s approval takes time and each condo complex must reach a specific level of financial reserves to qualify.  For complexes that are low on reserve funds, they may not be able to achieve approval status for some time.  In addition, complexes will be required to become recertified each year.  This is sure to put an additional strain on condo complexes that are struggling already with foreclosures, delinquent home owners, and builder defect issues.

The goal behind the idea is noble, but somewhat idealistic: to protect buyers from purchasing in a condo complex that may be at risk with an association that has been financially mis-managed.  In addition, it will help protect lenders from financing in struggling complexes that will add to the current banking problems.  However, the HUD transition, is going to cause many condo owners to either be unable to refinance or sell, setting the scene for additional foreclosures. 

If you are currently an owner in a condo complex, contact your management company and association to ensure that they are taking the necessary steps to become or maintain HUD certification.  Don’t wait until selling or refinancing your home to learn your association is not familiar with these changes.

Seller’s may have some options, but only if they work with their management association to take the required steps to get the complex approved through HUD.

If you are a buyer, you need to be aware that when I use the term condo in this reference, that am referring to homes that are apart of a condominium association.  There are multiple types of condos.  First, you have your traditional condominium complex, typically these units are on a single level, but the condo building itself may have multiple levels, similar to apartment complexes.  Secondly, many town-homes (units that have multiple stories within the same unit) have a condominium association that oversee the shared common areas.  Lastly, there are “single family condos”.  These are individual homes with no shared walls, but are usually found on small lots.  Builders like these because they typically sell for more money and they can build more homes on the same area of land than if they built “non-condo” single family homes due to local zoning requirements.

And don’t always think that your real estate agent understands this.  Many agents advertise that FHA financing is available on all of their listings, not realizing that condos aren’t always approved for FHA financing.  To make sure, go to the link: https://entp.hud.gov/idapp/html/condlook.cfm.  This system is a little difficult to use, but select the correct state and city, and see if your condominium complex comes up on this list.  If it does not, you are most likely out of luck.

There is rumor that this may be changing in the near future, but I wouldn’t sit around waiting, as anything that involves government policy changes takes time.

I hope that this is helpful.  Best of luck to you and your home search.

The much anticipated and debated question has been answered.  Congress has decided to extend the $8,000 First Time Home Buyer Tax Credit Incentive via

See links below for common question (Source www.FederalHousingTaxCredit.com)  

• Frequently asked questions about the $8,000 first-time home buyer tax credit.
• Frequently asked questions about the $6,500 tax credit for repeat home buyers.

Our company is built on the mission statement to Empower People to Dramatically Improve their Lives.  We primarily do this through educating our clients about various financial tools and products that they have available to them and how to best use them to help them inprove their current circumstances.

We invite you to learn a little more about us and what makes us tick…

About

Thank you for your interst in the services that my team offers.  My name is Jeremy Epp and I have lived in the great Northwest my entire life.  I love all that Seattle and the greater area has to offer.  I enjoy camping with my family and getting involved with my kid’s sports programs that they are apart of.  I also enjoy helping my clients position themselves for a better future.  Whether they need help getting into their first home, assistance with obtaining financing, or putting togther a comprehensive financial plan that will ensure financial success for the future, I am eager to provide whatever assistance I can.  My business is built on referrals, so I am driven to make each experience with my clients a positive one, as I am dependent on work-of-mouth referrals.  If you desire a professional who will “talk straight” and work hard for you, please contact me today and let me share with you how I may help you with your needs.

Qualifications

I have been serving the real estate and mortgage industry since 1999.  I am the managing broker/owner of America Home Group and a mortage branch manager for Loan Network LLC.  We pride ourselves in our integrated services which focus on helping our clients assess, not only their housing needs, but also their overall financial picture to make sure that any housing and mortgage decisions compliment and integrate with our client’s entire financial picture.  We have seen too many clients get “pushed” into homes and mortgage that are not a good financial fit, and as a consequence, serious financial troubles result from these short sighted approaches.  Our consultative approach may include a recommendation to meet with one of our financial services partners to ensure that a prudent and carefully laid out plan are taken under advisement throughout the real estate transaction process.  Contact us today to see how we can assist you with your real estate, mortgage and financial needs.

Education and Licenses

• B.S. University of Washington- International Liberal Studies with an emphasis in Business and Marketing
• Licensed Real Estate Broker in the State of Washington (WA Lic #93763)
• Licensed Loan Originator in the State of Washington (WA Lic #510-LO-37768/ NMLS Lic #77334) and Oregon (OR Lic #ML-2241)
• Licensed Insurance Agent in the State of Washington- Property, Casualty, Life, & Disability (WA Lic#700120)

Items to Bring to Loan Appointment

It is important to gather all the requested documentation to help properly assess your ability to qualify for a home loan.  We request that you take the time to make copies of the following items and bring them to your initial appointment or foward them to us prior to your first appointment. 

Click Here for a List of Items to Bring to Appointment 

The 12 Step Loan Process

The loan process takes many twists and turns that can be very confusing if you are not familiar with all the steps involved.  This diagram helps explain the process begining with the qualification stage and ending with the recording/possession stage.   

 View the 12 Step Loan Process

Other Resources

Understanding Credit Scores 

Borrower’s Guide to Lending 

• Real Estate Listing Services
• Real Estate Buying Services
• Purchase Loans
• Refinance Loans
• Reverse Mortgages
• Conventional, FHA, VA Loan Options
• Ask about our special low-moderate income loan programs