MAKE A MOVE IN THE WINTER!

The housing market doesn’t hibernate in the winter! Sellers who list and buyers who buy often find the winter season the most advantageous time to make a move in real estate, according to studies. Researchers say the winter market is less competitive for sellers since many people tend to wait until spring to list. The smaller inventory of active listings help sellers get more attention from buyers on their properties. Winter buyers tend to be more serious buyers. Source: “Best Time To List a Home for Sale? Want to sell your home during the holidays — Call a Muljat Group North RealtorĀ®

COMMUNITY EVENTS

The festive holiday season has hit Lynden! Lots of events to enjoy for the family. Starting Friday, December 5, enjoy an evening of desserts and community fun at the Jansen Arts Center! If you are a baker this is your chance to enter the holiday dessert baking contest. On Saturday, December 6, have breakfast with Sinterklaas at the Lynden Community Center from 8am – 11am.
The Elf on the Shelf Scavenger Hunt starts on Saturday, from 11am – 5pm (that sneaky little Elf may be hiding at our office :) This little Elf is worth searching for, lots of prizes to be won! We will be open from 10am – 2pm. Community Tree Lighting & Caroling is from 5pm – 6pm. The Grand Finale will be the 24th annual Lighted Christmas Parade at 6pm starting at Fairway Center and arrives downtown at 6:15pm. Come downtown to our real estate office and pick up a complimentary cup of soup served by our friendly realtors! We hope to see you – Merry Christmas!
For a calendar of events visit The Lynden Chamber of Commerce

WINTER COAT DRIVE!

You can make a warmth of difference in someone’s life! Muljat Group North Real Estate office is having a Coat Drive from November 17 through December 1.
Please donate new or slightly used winter clothing, i.e.,:
* Coats * Mittens * Hats * Hooded Sweatshirts * All sizes
For each clothing item dropped off you will be entered into a drawing to win a Woods Coffee gift card
Your donation will be distributed to a Whatcom County family in need and will be greatly appreciated.
Please feel free to call with any questions 360.354.4242

LYNDEN’S NEWEST COMMUNITY!

Brand new development North Prairie Cottages is located on the East side of Lynden and features low maintenance luxury cottages! A shared greenbelt, irrigation, worry-free landscaping & clubhouse are coming soon! Pick your low maintenance cottage design with options featuring vaulted & wood beam ceilings, cozy fireplaces, and open concept living. Each and every home is built with luxury in mind! Inquire about our presale listings MLS# 707438 & MLS# 707426. Come and tour two homes that are ready for ownership MLS# 707415 & MLS# 707381. Four plans to choose from starting in the $200's!

October 30, 2014, Peter Blanker’s Day


What a special time we had recognizing Pete and his retirement on October 30. To Pete’s surprise, Mayor Scott Korthuis declared October 30 as Pete Blanker’s Day! Pete was surrounded with love with over 200 people in attendance. Congratulations, Pete, 40 years in the real estate industry is an accomplishment. You are a pillar of knowledge! Article by the Lynden Tribune, October 29, 2014

Pete Blankers Retirement Party

A pillar in the real estate community is retiring after 40+ years. The Blanker’s family and Muljat Group North will be hosting a Retirement Open House for, Pete Blankers, Realtor®, on October 30 at The Mt. Baker Rotary Building – 1775 Front Street, Lynden, from 4pm-6pm. No RSVP is necessary! This invitation is open to everyone that has known Pete and his wife, Gigi. It will be a special time down memory lane. We look forward to celebrating Pete’s Retirement with you!

LYNDEN MUSIC FESTIVAL OCTOBER 8-12, 2014



Downtown Lynden will be filled with the sound of music! See the Schedule of Events for various concert locations and times.
We are excited to have the band, Two Buck Chuck, perform in front of our office this coming Friday, October 10 at 2:00 pm.
To find our more information on this event, please visit:
www.LyndenMusicFestival.com
Please feel free to drop by our office and say hello!

TWILIGHT OPEN HOUSE


Come preview your future home in a different light . . .
Twilight Open House | September 25 | 5:30-7:30 pm
Refreshments served at each location
Visit as many homes as you can to increase your chances of winning a $50 gift card to Steak9House restaurant
For more info on this event, please call us at 360.354.4242

7 Warning Signs of a Bad Loan


Some valuable information when shopping for a loan…
When shopping for a loan, look for some of these bad warning signs – and be prepared to run – not walk – away from the table, from any lender who does the following dubious actions.

1. It’s Okay to Fudge Some Numbers
If your lender is trying to get you to lie about your income in order to bet a bigger loan, stop dealing with that lender immediately.
There is no such thing as a little lie when borrowing money: it’s mortgage fraud, and it could get you slapped with steep penalities or even jailed.
2. Pressures You Into A Bigger Loan
Beware of any lender who pressures you into borrowing more money than you need. You will likely pay more in interest on the extra cash that you’d earn in interest by stashing it away into a savings account.
3. Doesn’t Consider Your Monthly Income
Figure out whether you have enough coming in to cover all your monthly bills, a new mortgage and a savings account for emergencies. Know that number and stick to it – if a lender starts pressuring you into a bad loan with monthly payments you know you can’t afford, get out. If your outflow is more than your inflow, you will find yourself in trouble rather quickly.
4. Doesn’t Disclose Documents
Beware of any lender who fails to provide you with the required loan disclosures or tells you don’t need to read them.
By law, lenders have to tell you the annual percentage rate (APR) plus provide a good faith estate (GFE) – an itemized list of estimated closing costs within 3 days after you apply. The APR includes not just the interest rate, but also points, broker fees and certain other credit charges. The GFE covers these charges as well as everything else you’ll be asked to pay at settlement.
You should use these documents to loan shop.
5. Promises One Thing, Delivers Another
If you are presented one set of terms when you apply for the loan and a different set at closing, you should demand an explanation. If could be a bait-and-switch scam, where the lender is trying to pressure you into signing these new documents with worse rates or unfavorable terms. Be prepared to walk away and take your business elsewhere.
6. Says it’s okay to Leave or Sign Blank Forms
If you leave blanks, a scamming lender could fill in extra terms and conditions that could alter your loan – and not for the better.
Worst-case scenarios could have lenders who write in clauses surrendering the title of your home.
Don’t let anyone fill in the blanks later. If there is a blank, cross it out and initial your mark.
7. Doesn’t Provide Copies
Lenders may not give you the actual filled-in papers in advance, but they should give you blank documents so you can take them home to review or show them to a trusted advisor. If the lender won’t give you copies of what you’ve signed at closing, cancel the deal right then and there. These papers contain important information about your rights and obligations, and you need them.
source by: Lew Sichelman

CHOOSING THE RIGHT MORTGAGE COMPANY


While most lenders stand behind what they advertise or promise, you should still do your homework before committing to financing.
Get Mortgage Company Referrals
Ask a Muljat North RealtorĀ® for a list of preferred lenders. Friends, family and coworkers who own their homes can also be a great source of information. Applying for a pre-approval can help save time and make it easier to get the best rate, but before your decide on a lender, ask for referrals.
Small Versus Large Lenders
Choosing between a small local lender or a larger national lender is mostly a matter of preference, but knowing which you’d prefer can help you find the right deal for your situation. If you like personal service, and enjoy the face-to-face contact, it may make sense to choose a small mortgage lender in your local area.
Mortgage Company Reputation
Generally, a good lender will have a solid reputation with accreditation and reviews to back it up. To figure out where your lender stands, start by doing this research yourself. Check with the Better Business Bureau for ratings, reviews and complaints against the mortgage company. Look for a posted mission statement or customer service rewards on the lender’s website. Verify the lender’s standing with the local Chamber of Commerce
Mortgage Company Customer Service
Finding a lender with great customer service can make things easier, especially if you have questions about the application time or terms – or find yourself needing help with mortgage down the line. Buying a home is a big financial commitment so you should expect to be treated well by your mortgage company.
Good Faith Estimate
Once you’ve narrowed down your choice to three or four lenders, ask for a good faith estimate: a detailed list of costs provided by a bank or mortgage lender to a borrower, required by law. The costs listed include the following:
Settlement or closing costs
Title insurance
Taxes
Attorney fees
Interest rates
Partial month interest
Credit check costs
Hazard and property insurance rates
While these are only estimate and may vary slightly from your actual costs, you can use your good faith estimate as a tool to help you choose the most reasonable lender.
Source – Susan Wellish, realtor.com