To the Students from the Feb 9, 2011 Buying REOs Class at Windermere Woodinville

Hi Everyone,

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

I wanted to read the story that was referenced on the radio today. Here it is: “One Third of Seattle Homeowners Underwater.”

Here’s the page on my website with a list of links to bank-owned REO inventory that may/may not be listed on the local MLS.

We talked about these two links:

Northwest Justice Project
–
Free, local, HUD-approved Housing Counseling Agencies

The very best place for local Seattle area housing statistics is Seattle Bubble. Here’s their recent blog post on distressed inventory.

Here’s more info on the WA State Condominium Act.

…and the Deed of Trust Act.

Info on FHA’s 203K program can be found here and I also mentioned their Energy Efficient Mortgage Program.

Thanks for a fun and lively class today!