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To the Students from the Oct 27, 2009 REO Class

Hi Everyone,

Here’s the follow up from Tuesday’s class.

There was a request for information on the new FHA Condo changes.  Here’s a nice blog post summary from Jim Reppond on RCG.  Deadline has been pushed forward to Dec 1, 2009.

Here is the direct link to the DFI website showing the list of WA State Chartered Banks.

And just for fun, here’s a link to CR’s post tonight updating the list of troubled banks in the U.S. now at 500.  (There were 9 bank failures today in case you’ve been counting.)  Scroll down to the excel doc and click to sort by state.  These are the banks who likely have lots of REOs they will need to unload. 

YouTube Channel for jschlicke.  Click to watch the foreclosure auction filmed near Factoria this past spring where I interview the investors who confirmed that opening bids are being slashed on some (not all) auctions. 

Links to the two biggest trustees in the area:
Regional Trustee Services
and
Northwest Trustee Services

Thanks for coming to class and it sounds like I’ll be seeing some of you soon at the next few classes in Nov!

 

206-931-2241 or jillayne@ceforward.com