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Posts Tagged "FHA 203K"


  • Why Buying a Home Is Easier Than You Think: A Conversation with Margaret Smith

    June 21, 2018 /
    Pickett Street Properties Team /

    You may have heard of Margaret Smith. She’s the Director of Operations for Pickett Street and social-media-extraordinaire. She’s also an incredibly inspiring woman who knows how to focus and go after what she wants. This week I was able to chat with Margaret about her experiences buying and renovating her duplexes and about her home-buying hacks. Margaret says that you shouldn’t hesitate to reach out to her with questions at margaret@pickettstreet.com. To get in touch with the Pickett Street team, contact them at info@pickettstreet.com or (425) 502-5397. In the meantime, here’s what Margaret had to say. On her secret to making money and paying off her mortgage: I got this idea from Cody Touchette with Caliber Home Loans. I started with Pickett Street in November 2012. I walked into a rambler Pickett Street was selling that Winter, and I started to cry. I realized that I might not ever buy a home with a partner (hardly anything to cry about, and yet I did!). I cried because I wanted to own a home, and I literally had no idea how to make it happen on my own salary. So one day before a class we were holding, Cody told me if he could…Read more

  • An Interview with Margaret Smith on Confidence and the World of Real Estate

    November 9, 2017 /
    Pickett Street Properties Team /

    This week marks the fifth anniversary of Pickett Street’s Margaret Smith. Though I’ve only been working with her for about six months, I’ve already come to know Margaret as a positive and hardworking force of nature. Margaret is the Director of Operations for Pickett Street Properties; she recruits, screens, and interviews candidates and manages social media, client events, system evaluation, branding/marketing, and overall growth and planning for Pickett Street. I was recently lucky to be able to chat with her about her experiences in the world of real estate. Hi Margaret! Congrats on five years of working with Pickett Street. Can you talk to us about how you started working for Pickett Street? Before Pickett Street I was the Docent Program Coordinator for the Seattle Art Museum. I NEVER thought I would work in sales or for a sales company--and now I can't imagine anything else in my future. This career gives me an opportunity to help and inspire people in a much bigger way and through a bigger platform than I ever imagined. I was ready to leave the museum because I wanted a career where I could support myself financially, and that's hard to do in the nonprofit…Read more

  • How I Got The Gumption: The FHA 203K Loan

    March 3, 2017 /
    Pickett Street Properties Team /

    Sometimes, renovations can cause even the mildest mannered homeowner to panic. After all, home improvements can be costly and stressful. However, when Pickett Street’s very own Margaret Smith, Director of Operations, decided to purchase a vacant, bank owned fixer-upper, the FHA 203K Loan presented her with an opportunity that turned the process into a dream come true. Margaret bought her duplex in south Everett near Paine Field in August 2014. It was a bank owned property, meaning nobody had been living there for over a year. The previous owners had gone into foreclosure, so the home sat there vacant, lacking love and attention. The upstairs unit was a 3 bed, 1 bath layout that Margaret planned to rent out. It needed a new bathroom, new washer and dryer, a fresh coat of paint on the laundry room walls, and an all-around thorough scrubbing. The bottom unit was a 2 bed, 1 bath layout that was perfect for Margaret and a roommate. That 2 bed unit also needed a new bathroom, new kitchen and new vinyl wood flooring (which also needed to be leveled). The bottom half of the duplex’s exterior required a new paint job, and some general TLC. The…Read more