Hi Everyone,
Here are the follow up links from class today.
Calculated Risk has an extensive archive of charts which may be helpful when taking an educational approach with your home sellers. Here’s the chart showing the government’s market share in the mortgage marketplace.
Here’s the Making Home Affordable website where you and your clients can learn more about the HAFA program and see if the loan is held in Fannie Mae’s portfolio (see the “loan look up” link.)
Here’s a link to the WA State Bar Association’s website with info on free legal aid and info on the IOLTA trust account.
Here’s a great website for Washington State homeowners in financial distress who are trying to figure out all their possible options. These folks are HUD-approved housing counseling agencies and can help your homeowners learn more about the various options available to them….at no cost.
Here’s more info on the NWMLS short sale addendums and updates to the forms.
Here’s a list of questions to ask the listing broker BEFORE you agree to show a short sale to a buyer.