My Listings

1604 28th Ave W, Magnolia

Meticulously maintained, brick mid-century 5 bd/2.75 bath home, drenched in natural, westerly light, has some unobstructed, Sound views thanks to underground utilities. Loads of original touches, such as tile, along with gorgeous refinished hardwoods. Lg French Door off the dining room leads to a generous, covered porch to entertain and enjoy the beautiful, mature, landscaping. Walking distance to Magnolia Village shops & amenities, quick hop to Elliott Bay Marina. Easy commute to DT Seattle.


Posted on June 10, 2017 at 4:50 pm
Shannon Praetorius | Posted in Uncategoried |

Hidden Gem in Edmonds!

#seattlerealestate #shannonpre #Edmonds


Posted on February 12, 2017 at 9:35 pm
Shannon Praetorius | Posted in Buyers, Sellers Focus, Shannon's Real Estate Blog, Why Shannon |

Thought for the DAY…


Leaders don’t look for recognition from others, leaders look for others to recognize.


Posted on January 13, 2017 at 8:30 pm
Shannon Praetorius | Posted in Uncategoried |

Get Ready to Buy – Buyers First Steps

 

You’re ready to buy – or maybe you’re just ready to start seriously thinking about buying. There’s a lot you can do to prepare. With so much information available at your fingertips, you may already be doing a lot of your own research. Here are a few things to keep in mind while you get started. <More>


Posted on January 11, 2017 at 9:30 pm
Shannon Praetorius | Posted in Buyers, Shannon's Real Estate Blog, Why Shannon |

Get Ready to Buy – Buyers First Steps

Home Buying Thought

You’re ready to buy – or maybe you’re just ready to start seriously thinking about buying. There’s a lot you can do to prepare. With so much information available at your fingertips, you may already be doing a lot of your own research. Here are a few things to keep in mind while you get started. <More>


Posted on January 10, 2017 at 12:02 am
Shannon Praetorius | Posted in Buyers, Shannon's Real Estate Blog |

HUD Lowers FHA MIP by a Quarter Point

DAILY REAL ESTATE NEWS | MONDAY, JANUARY 09, 2017

Home Buying Thought

Mortgage insurance premiums on FHA-backed loans will be lower by 25 basis points on loans endorsed starting January 27, the federal government announced today.

“After four straight years of growth and with sufficient reserves on hand to meet future claims, it’s time for FHA to pass along some modest savings to working families,” Julian Castro, secretary of the U.S. Department of Housing and Urban Development, announced today.

NAR President Bill Brown praised the move. “Dropping mortgage insurance premiums will mean a lot more responsible borrowers are eligible to purchase a home through FHA,” he said. “That puts more money in the fund to protect taxpayers, and it puts more families in homes so they can live out the American dream.”

The new premium schedule, which takes effect for residential mortgage loans that have an insurance endorsement date on or after January 27,  is expected to save the average home buyer $500 a year in insurance costs.

In its announcement, HUD said the reduced premiums reflect the healthy state of HUD’s mutual mortgage insurance fund, which is the agency’s principle fund for insuring FHA mortgages. “We’ve carefully weighed the risks associated with lower premiums with our historic mission to provide safe and sustainable mortgage financing to responsible homebuyers,” said Edward Golding, HUD principal deputy assistant secretary for housing. “This conservative reduction in our premium rates is an appropriate measure to support [home buyers] on their path to the American dream.”

Under the new schedule, a home purchase with a base loan amount of up to $625,000, with an 85-percent loan-to-value ratio and a 30-year loan term, will require an annual mortgage insurance premium of 55 basis points, down from 80 basis points.  A 15-year loan of that same amount and with a 90-percent LTV ratio will require an MIP of 25 basis points, down from 45. Access the full schedule.

NAR is calling on FHA to take even more steps to help home buyers, including eliminating FHA’s “life of loan” mortgage insurance requirement, which forces borrowers to maintain mortgage insurance regardless of their equity position. Borrowers with traditional mortgage insurance can typically extinguish their mortgage insurance once they reach 20 percent equity in the property. “Our work continues, but we’re encouraged by today’s announcement,” Brown said.

—By Robert Freedman, REALTOR® Magazine


Posted on January 9, 2017 at 7:18 pm
Shannon Praetorius | Posted in Financial, Shannon's Real Estate Blog |

Five Reasons to Sell This Fall

Fall Leaf

School is back in session, the holidays are right around the corner, you might not think that now is the best time to sell your house. But with inventory below historic numbers and demand still strong, you could be missing out on a great opportunity for your family. <more>


Posted on December 21, 2016 at 9:01 am
Shannon Praetorius | Posted in Shannon's Real Estate Blog |

Windermere: The Official Real Estate Company of the Seattle Seahawks


Posted on December 21, 2016 at 8:50 am
Shannon Praetorius | Posted in Shannon's Real Estate Blog |

Windermere Summer Splash

Summer Splash 2016
Join us at Greenlake on Saturday, August 20th, from 9:00 a.m.- 3:00 p.m. for a free family event! The day is jammed packed with fun <more>,

Summer Splash Event Schedulerev1 - 2016


Posted on December 21, 2016 at 8:42 am
Shannon Praetorius | Posted in Shannon's Real Estate Blog |

We’ve Got You Covered

Earlier this year, Windermere and the Seattle Seahawks announced that we were joining together to help #tacklehomelessness. For every home game tackle made by the Seahawks, the Windermere Foundation is donating $100 to YouthCare, a non-profit that provides support and services to homeless youth throughout the Puget Sound area <more>.


Posted on December 21, 2016 at 8:39 am
Shannon Praetorius | Posted in Shannon's Real Estate Blog |