monday articles

Natural disasters, from hurricanes to tornadoes, can strike at any time. Is
your family prepared to weather the storm?

Full Story:

Overseeing a homeowner association’s finances to ensure proper maintenance of
the common elements is a fundamental responsibility of the board. Following a
properly prepared reserve study is a big piece of that puzzle. But how does the
board know how much money to set aside in reserves each year?

Full Story:

New images show what Amazon’s
proposed towers might look like:

Full Story:


Short Sale percentages by state:

Full Story:


Starting in June, Fannie Mae and Freddie Mac owned loans may receive short sale responses within 30-60 days:

Full Story:




Posted on May 8, 2012 at 3:49 am
Dorae Lande | Posted in Uncategorized |

Month’s supply of inventory, March 31st, 2012 King/Snohomish Counties

Posted on May 2, 2012 at 9:22 pm
Dorae Lande | Posted in market stats, Uncategorized | Tagged , ,

Apps review: money management

I think technology should make life easier, and not more difficult. If I find it has complicated my life more, I try to find a better solution… so these are some of the apps that I have found that save me time or money in various ways.

(disclaimer: most of these are iphone apps, if you have an android or other device, they may/may not be helpful. 🙂


Amazon: I use this all the time. My most recent use was to price baby shampoo while at Target. Target had it cheaper. I use the “scan barcode” feature and it is pretty neat.


your personal bank/credit union: I have used Banner Bank, BECU, CHASE, and  few other bank/credit union apps. They access the accounts quickly and log out if you hit the home button which I like.


Starbucks Mobile Card: I use this to check my balance on my gold card. I reload it when necessary so that I can get the free soy in my Chai. Or a free shot of coffee.


Gas Buddy: this is a great app to find the cheapest gas/fuel in the area. I like that it breaks it down into regular/mid grade/premium AND diesel since depending on which car I drive, I have to check different fuel charges.


Let me know what your favorites are!

Here is the link to the article that has even more helpful apps:



Posted on May 2, 2012 at 4:43 am
Dorae Lande | Posted in iphone apps |

Monday articles

Weekly round up of articles:


Lowball offers not sticking in our rebounding market:


30-year fixed rate rises, but stays near record low keeping home buying and refinancing affordable:


5 quick takeaways from the National Mortgage Settlement:


Thinking of remodeling?  Check this list first:


Overall ‘good feeling’ in the marketplace:

Posted on April 30, 2012 at 2:46 pm
Dorae Lande | Posted in Uncategorized |

Are you entitled to a piece of the $26,000,000,000 Mortgage Settlement Pie?

Many of my clients have asked about the recent settlement by several of the biggest mortgage lenders and what it could mean for their bottom line. This is an historic settlement, representing the largest consumer financial protection settlement in history.
What do you need to know about the $26,000,000,000 settlement?
The five lenders involved in the settlement include Ally/GMAC, Bank of America, Citi, JP Morgan Chase, and Wells Fargo.
The settlement provides relief for three categories of homeowners:
  1. Loan modifications, including
    principal reduction of both first and second mortgages.
    Banks must provide up to $17 billion in principal reduction and other forms of loan modification.
  2. Homeowners who are current on
    their mortgages, but are upside down in equity.
    Borrowers in this category can refinance at today’s historically low interest rates. Up to $3 billion of
    the settlement is targeted to this segment of borrowers.
  3. Borrowers who lost their homes to
    Up to $1.5 billion of the settlement will go to 750,000 former homeowners. These claims are estimated to be approximately $2,000 per household. And these individuals may continue with their private claims against the banks and they retain their right to participate in future reviews – so they can pursue future action against their former lenders.


There is no cost to homeowners or borrowers to participate in the settlement.
Settlement negotiators will be selecting administrators to oversee the settlement, handle logistical details, and monitor compliance with the terms of the settlement.
This step of the process is expected to take 30 to 60 days. In the following six to nine months, three groups – the attorney generals of the 49 states (Oklahoma is not participating), the mortgage servicers, and the settlement administrator – will identify homeowners eligible for a settlement. Depending on which category the individuals fall in, that settlement will be in the form of immediate cash payments, principal reduction, and refinancing.
Eligible homeowners should be contacted by the five participating banks. However, individuals who are interested or concerned may wish to initiate the process by
contacting the banks for more information.
  • Ally /GMAC……………………… 800-766-4622
  • Bank ofAmerica………………… 877-488-7814
  • Citi…………………………………..  866-272-4749
  • JPMorgan Chase……………….. 866-372-6901
  • Wells Fargo……………………… 800-288-3212


If you lost your home due to foreclosure between January 1, 2008 and December 31, 2011 a settlement administrator will be in contact regarding restitution. Some people may be difficult to locate, perhaps because they’ve made several moves and/or they don’t have a permanent place of address. Those people can contact their state’s Attorney General’s office. If you’re not sure who that is, go to, and click on “The Attorney General”. Scroll to the map of the United States, and hover over the black square located on your state. The contact information for your Attorney General will appear in a pop-up box. It’s important to note that the settlement applies only to loans currently owned or serviced by the five participating banks. If a loan is currently owned by Freddie Mac and Fannie Mae, an individual is not eligible under the terms of the settlement.
Is your loan held by Fannie Mae or Freddie Mac? Find out by visiting these two websites or give me a call at 425-870-3657 : http://www.fanniemac.loanlookup
If a loan is held by one of these organizations there are links on the site that direct individuals to information about programs they may be able to participate in.
This toll-free line – 1-888-995-4673 – also offers additional information.
Give me a call and we can talk over the details. 🙂
Additional resources on the mortgage settlement can be located at:, and
Source material for this article came from

Posted on April 26, 2012 at 10:09 pm
Dorae Lande | Posted in Uncategorized |



I have been hearing/fielding questions about the HARP 2 program… reaching out to some of my lenders I found that many do not/did not have any informaiotn about the program. answers ranging from “we don’t know much yet” or “we are waiting for corporate” came from them. And, these lenders do a GREAT job for my clients. But, I want someone to go above and beyond. To seek out and turn over rocks to get to the bottom of these programs, so that potential clients can use them.


SO, I tweeted Dan Keller last night about HARP 2. He tweeted back right away with a link to his blog:

it is great. full of info. he also sent a HARP 2 ebook that had even MORE helpful info.

So thanks Dan. I appreciate a lender that goes above and beyond where others just sit and wait.

Posted on April 18, 2012 at 4:12 am
Dorae Lande | Posted in Uncategorized |

Tax advatages for home owners

It’s that time of year again… tax season! my goal every year is to file on time… well that did not happen for business (due March 15thish) and won’t happen for personal. here is the best of what I can find for tax articles this year:


Home sweet homeowner tax breaks:

Mortgage Interest Deduction: This term has been splashed across the front pages of many media outlets. What is it and what does it mean for today’s homeowners?

IRS Tax Tips of 2012,,id=104608,00.html

Forbes 2012 Tax Guide


I have book keepers and accountants that I can pass along if you need that information as well.  🙂

Posted on March 28, 2012 at 5:24 am
Dorae Lande | Posted in Uncategorized |


here are recent links that you may find interesting:
Rising rents could signal housing market strength:


Seattle makes Forbes list of ‘cities with the most new
construction’ (a leading indicator of positive economic activity):


FHA refinancing fee cut for current borrowers:


Seattle ranked one of the best metropolitan areas to buy short sales and foreclosures:
Mukilteo makes the list for Top 10 Places to Live:

Posted on March 28, 2012 at 5:10 am
Dorae Lande | Posted in Uncategorized |

Weekly article round up

I find this very interesting and wonder if prices on the Amazon site will be the same as the store. And what kind of items will they have? mostly electronics or those great baby diaper deals I get every month? Amazon planning first brick-and-mortar store in Seattle:

This will be intersting to see if it will really “work” for people or not, or is just for those few borrowers that take action. Obama’s $3.8 trillion budget unveiled:

 What is CoreScore – new credit report enters the scene:

Surprise surprise! Kitchens sell a house:

An easy explanation of the “Life of an Escrow” once mutual acceptance is reached:


Posted on February 17, 2012 at 9:30 pm
Dorae Lande | Posted in Uncategorized |

Weekly Seattle/Eastside Real Estate market article round up

I was reading an article the other day about how, in some parts of the country, the economy – while still challenged – is beginning to see signs of improvement. 

In Seattle, Washington, for instance, orders for Boeing planes have jumped dramatically in the past 2 months. Nordstrom increased its profit by 7% in the third quarter. Starbucks is reinvesting cash into roasting and repackaging plants. A survey of business leaders indicates that they intend to begin hiring again in 2012.

What I find interesting is that for many of us, it’s easier to listen to – and read about – the bad news, rather than actively seek out good news. I’ve decided to seek out good news about our local economy and here’s what I’m finding:

Snapshot of 2011’s housing market:

 The changing face of town houses:

New refinance plan in the works:

10 BIG tax deductions many of us miss:

An easy explanation of ‘who pays for what’ in a real estate transaction:

Posted on February 9, 2012 at 4:51 am
Dorae Lande | Posted in Uncategorized |