Michael Ackerman, a Seattle Realtor with Coldwell Banker Bain, blogs about a financing rule that many buyers are not aware of. This rule exists in Washington State and may not be applicable in other states so check with your agent about the financing rules where you live. As a buyer, you should interview and choose your lender early in the process. In Seattle, once you are in contract, you are not allowed to switch lenders unless the seller gives you permission to do so. Michael also updates you on his latest celebrity real estate news: Rosie O’Donnell purchases a fantastic New York apartment in a renovated old hospital. If you have any questions or comments, please send an email to email@example.com or visit www.mackerman.com.