Interest Rates Drop for 7th Straight Week

Real Estate
Mortgage Rates for Home Loans FALL for Seventh Straight Week

The average rate for a 30-year loan has slipped to 4.55% down from 4.60%. The 15 year rate has dropped to 3.74% down From 3.78%.
What the low interest rates mean for the buyer is:
A $250,000 mortgage at 5.05% the payment for a 30 year amortiized loan is $1,349.
The same $250,000 mortgage with at 4.55% is $1,274. ($76 per month less)
That $76 will support a $15,000 mortgage.
So by getting a 1/2% lower interest rate you would be able to increase your mortgage to $265,000 and have the same mothly payment.
With the same scenario a $350,000 at a 1/2% lower interest rate will support a $20,698 larger mortgage. So you could increase your buying power from $350,000 to $370,698 and have the same monthly payment for the 30 year life of your loan.
With low interest rates and house prices down NOW is the time to take advantage of the opportunity to buy real estate.

Mt Baker Area Home

Real Estate
Outdoor lovers paradise with quick and easy access to hiking, skiing, snowboarding, snowshoeing and more! Beautifully updated home in pristine setting with treed backdrop framing mountain and river views! Enjoy large deck, open living areas, 3 bedrooms plus loft area, walk in closet in master bedroom, new flooring throughout, many kitchen upgrades and more! Perfect for year round home or vacation home! Offered at $219,900.
Click here to see all the photos and virtual tour!

Stunning Home For Sale

Real Estate
Dream home on acreage! Top quality finishes throughout 4 bedroom home with grand entrance featuring sweeping curved staircase, hardwood floors throughout main living areas and master suite, slate floors in kitchen and bathrooms, granite counters in kitchen and all baths, rich cherry trim and cabinetry, open living areas plus den/office and bonus room. 1.86 acres features mountain views and extra spacious 3 bay high door shop with bathroom. Must see home in perfect mid county location!
Offered at $639,900
Click here to view photos and virtual tour!

New Listing in Mid County

Real Estate
Perfect mid county location for beautifully maintained 4 bedroom home with a light filled living room with brick fireplace and wood mantel, 2 full baths and a separate family room, also with fireplace. Spacious corner lot with fruit trees, garden shed and brand new septic. Located in peaceful well maintained neighborhood. Truly a must see at $229,900!
Click here to view all the photos and a virtual tour!

Thank You Giveaway!

Real Estate
As a thank you to all our clients for making the merger from Snapper Shuler Kenner to The Muljat Group a success, we are having a one year anniversary Thank You Celebration Giveaway. Everyone who enters will receive $200 cash at the close of a sale in the next year (closing prior to June 1, 2012) and will be entered to win the $2500 cash Thank You Grand Prize!
If you are not planning on buying or selling in the next year, there is still something for you. Enter to win a $500 cash card redeemable at any Lynden Merchant.

Visit Jerry’s homepage for all the details and an entry form.

QR Code

Real Estate
What is that strange looking box you see popping up everywhere? It is a QR Code. If you have a smart phone and download a free QR reader, you can scan the box with your phone and it will take you directly to a website programmed into the QR code. For example, the QR code at left, when scanned, will bring you directly to jerryblankers.com. Look for QR codes on my flyers to take you directly to information about that particular listing.

Multi Family Building Site

Real Estate
Just listed! 5.11 acre multi family building site on the south edge of Lynden overlooking valley and mountains. Water/sewer line in road base on south side, good storm water drainange and survey complete. Includes 12 unit storage building offering income while you build. Many optional layouts for buildings and/or subdivision into smaller lots. Explore the possibilities! Offered at $959,900
Click here for more information.

Attitude Adjustment

Real Estate


ATTITUDE ADJUSTMENT

In spite of the real estate roller coaster of the last few years, homeownership remains the bedrock of financial and familial security. Having a long-term investment that provides the satisfaction and pride of ownership beats just about anything else you can do with your savings.

When the market exploded several years ago, the expectations of many consumers grew too high, too fast. Homes became more commodities than investments, and now markets and attitudes have been forced to realign.

Conditions today make it an opportune time to secure your future. Home prices and interest rates are still low, and tax advantages are abundant. You just have to get past all the negativity in the media. All the bad news has drained consumer confidence, and frankly, you cannot underestimate the effect of intangibles like confidence and expectation on the real estate industry.

Real estate transactions are unlike any other financial transaction. The demand and desire for homeownership does not expire like other flashy investment instruments. The inherent value of a stock can be calculated by a formula of company profits, earnings ratios, performance history, fund managers, and so on.

However, a homes value is ultimately determined by what a buyer is willing to pay for it, and the security and well-being that owning your own home provides. Honestly, there has hardly been a better time to make your move.

Lake View Open House!

Real Estate
Stop by my open house at 18 Orchid Court in Sudden Valley on Sunday, May 15 between 12 and 2pm.
I would love to see you there!
Stunning Lake Whatcom view from nearly every room! Extra large windows, skylights, high ceilings and multiple decks all contribute to the airy feeling and great space to enjoy the views. Lovely hardwood floors throughout living areas, light and airy interior with large windows, kitchen with island, granite counters and upgraded appliances, main floor master suite with deck access, attached bath and walk in closet. Lower level offers views, 2 bedrooms and bath plus area for office/dark room/storage or? $469,900
Come out and see what the Sudden Valley Community has to offer!
Click here for more information.