Hi Everyone, Here’s the follow up info from our class on Foreclosures at PreviewP Northgate Some folks were curious about the 3 investor groups that represent buyers who want to buy homes at the foreclosure auction like the one we watched in class, and the one I filmed in May here. Those companies are: Vestus, Foreclosure […]
Archive | Uncategorized
To the Students from the June 17, 2009 Foreclosure Class at KW Bothell
Hi Everyone, Here’s the follow up from class. There was a request for the direct link to the IRS website explaining taxation issues surrounding debt forgiveness on a short sale. Here’s the link. There was a question regarding eviction following foreclosure: Is it 20 days or 90 days? Here is a link to the Bar Assoc […]
To the Students from the May 22, 2009 Advanced Short Sales Class
Hi Everyone, Here’s the follow up from class last Friday. Here is the link to the FICO website showing the components of a person’s credit score. Here is the link to the Chapman website. Laura from class mentioned that this is good source for research but I don’t see their research department linked from the home page. Laura, […]
Upcoming Bellevue College Classes
I’ll be teaching four classes at Bellevue College this summer: Title Insurance Real Estate Escrow Advanced Real Estate Escrow Real Estate Investment Strategies
To the Students from the April 27 Short Sale Class in Kent
By Jillayne on April 28, 2009 in Real Estate Continuing Education Classes, Short Sales, Uncategorized
Hi Everyone, Here’s the follow up from our short sale class: There was a question about the new NWMLS rule regarding identifying listings as “short sale” or “bank owned” and whether or not existing listings must be identified in this manner or if it would only effect new listings going forward. I did hear back […]
To the Students from the April 21, 2009 Advanced Short Sales Class
Hi Everyone, Here’s the follow up from class: I mentioned a story out of California about an uptick in the number of lawsuits against real estate agents in short sale and foreclosure transactions. The main story is hidden behind the members only site at Inman, but I did find a blogger who did a copy/paste […]
To the Students from the April 9, 2009 Short Sale Class at SKCAR Bellevue
By Jillayne on April 11, 2009 in Real Estate Continuing Education Classes, Short Sales, Uncategorized
Hi Everyone, Here’s the follow up information from our class: There was a question about how a selling agent can discuss commission with his/her buyer. I have received lots of help from my fellow co-bloggers over at RainCityGuide. Jim Reppond’s answer is the best so here it is: While the NWMLS does not explicitly forbid […]
Snohomish County Camano Assoc of Realtors Homeless Endowment Auction
If you’ve taken the Short Sale class from me, you may remember hearing me tell a story about a financially distressed homeowner who was going to net zero after their short sale closed, and who had nowhere to go. The Snohomish County Camano Association of Realtors is holding their annual Homeless Endowment Fund Gala Auction on […]
To My Students from the March 18, 2009 REO Class in Tumwater
To my students from the Wed, March 18th REO class, Here is the follow up email I promised to send: Fannie Mae 1-800-7FANNIE (8am to 8pm EST) Freddie Mac 1-800-FREDDIE (8am to 8pm EST) Better yet, the government just released this website with step by step instructions for homeowners on how to find out if […]
DFI Interpretation Letter on Loan Modifications
DFI has posted an interpretive letter (First Draft) answering questions about loan modification services in the State of Washington. DATE: March 10, 2009 FROM: Deborah Bortner, Director, Division of Consumer Services RE: Loan Modification Services – License Required under the MBPA or CLA QUESTION PRESENTED: Must loan modification service providers be licensed to offer services […]