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To the Students from the August 17, 2010 REO Class at SKCAR Bellevue

Hi Everyone,
Here’s the follow up from today’s class.
Here’s a link to the REO inventory graphs from the first hour of class.
Here’s the unofficial problem bank list.  CR updates this every Friday night or Saturday morning.
Here’s the blog post Val mentioned regarding the list of links to bank-owned REOs for sale.
Here’s that story about a Windermere [...]

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Bank Owned REOs

While doing research for one of my new classes, “Buying an REO” I came across an outdated list of direct links to bank REOs for sale.  So I decided to update the links and repost it for my students.  I also added some regional banks from the Pacific Northwest.  Feel free to leave new links in [...]

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To the Students from The July 16, 2010 REO class at SKCAR Bellevue

Hi Everyone,
Here’s the follow up from today’s class.
Nobel Prize winning economist Dr. Paul Krugman gives us some nice data about the Community Reinvestment Act and how CRA is not to blame for the meltdown.  All you have to do is google or bing this: community reinvestment act harvard
and the Harvard PDF will come up right at [...]

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To the Students from the April 16, 2010 REO Class at PNW Realty West Seattle

Hi Everyone,
Here’s the follow up from Friday’s REO class: 
There was a request for a simple definition of a hedge fund. Here you go.
There was some interest in taking courses that appraisers take in order to better understand how to prepare BPOs. North Seattle CC has courses like this.  It looks like BCC has really stepped [...]

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To the Students from the March 24, 2010 REO Class at KW Bothell

Hi Everyone,
Here’s the follow up from the REO class today. 
Here’s a link to the Chase website. When Chase representatives were in town recently, they mentioned that they prefer to use an asset management company to market their REOs. At the bottom of this website is more info on how to work with their asset management [...]

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To the Students from the Dec 10, 2009 REO Class at SKCAR Bellevue

Hi Everyone,
Here’s your Q&A follow up from class.
Here is a link to the Credit Suisse chart showing all the recasts of the Pay Option ARMs coming our way through 2012. Remember the good news here is that 46% of all Pay Option ARMs are currently in default.
Here’s a link to my favorite finance and econ [...]

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To the Students from the June 4, 2009 Classes at CDA Realtors

Hi Everyone,
I arrived at Coeur d’Alene earlier today and have been driving around taking in the beautiful sights.  Had a great dinner at the Outback and then took a walk near the CDA Realtor headquarters.  Now I’m doing my research for class tomorrow and found some interesting links.
Here’s a link to Foreclosure.com which shows the [...]

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For The Students from Monday, March 16 2009’s REO Class at SKCAR Bellevue

To my students from Monday’s REO class,
Here is the link to the slide showing the Pay Option ARM Reset chart.  Click through to the slideshare website. It’s slide number 15.
Here is the amendment to the Distressed Property Law. It passed both branches of the legislature and is on it’s way to Governor Gregoire’s desk for [...]

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REO Class Coming to RE/MAX Parkside Affiliates in Tumwater

Hi Olympia area agents! Jim Bennett from RE/MAX Parkside Affiliates attended my Short Sale class a few weeks ago in Kent and promptly offered to host classes in his training room for Olympia area real estate agents and Realtors.  The Short Sale class the first in a series of four classes that agents can take [...]

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