Hi Everyone,
Here’s the follow up from Friday’s fun Short Sale class:
Here are two articles on how credit scores are effected by short sale v. foreclosure v. bankruptcy. First, here’s Ken Harney’s article and here’s Ardell’s follow up on the blog RCG.
Here are links to the two trustees that process the majority of foreclosures in WA State: Regional Trustee Services and Northwest Trustee Services.
A couple of folks asked about the new article on the Seattle Times (Ken Harney’s Column) regarding tax issues surrounding debt forgiveness on a short sale. Here’s that article and here’s a link to the IRS website on that subject.
Finally, here’s a link to my favorite econ and finance blog, Calculated Risk, which has the updated Credit Suisse chart for us on those nasty Pay Option Arms set to recast.
Thanks for coming to class last week and I hope to see you all again on March 26th for Advanced Short Sales.