Hi Everyone,
Here are some links that might be helpful after class is over.
Here’s a great resource guide that was just published: It’s 61 pages….BUT full of good stuff. WA State Foreclosure Resource and Prevention Guide.
Here’s a link to the Northwest Trustee Service website. One way to see how many homes are scheduled for auction on a given date, click on the “Properties for Auction, USA-Foreclosure” link from upper left hand corner of the Northwest Trustee website. After you select your county, click on the drop-down menu that says “Search by auction date.”
Here is a link to my Youtube channel with the video of a foreclosure auction in Bellevue.
Here’s the nice PDF of the foreclosure timeline we reviewed in class.
Here’s a description of the movie The House of Sand and Fog.
Here are some recent statistics from Seattle Bubble on Notice of Trustee Sales, Trustee Deeds, and Warranty Deeds for the Tri-County area. By the way, Tim Ellis offers these stats in report format here.
Jess and Julie Lyda created a great blog post explaining the WA State Foreclosure Fairness Act. And here’s a direct link to WA State Foreclosure Fairness Act.
Speaking of shadow inventory, here’s a link to Redfin’s website. Go to the “search” function and look for the very tiny drop down menu at the top that says “more options” and click on the option that says “foreclosed homes” next to the purple house icon to add the homes that have been foreclosed but have not yet been listed in the MLS.
Here are the rules of the auction. Here’s the WA Deed of Trust Act. Here are the auction rules. We heard these read by the auctioneers when we first arrived.
There was a request for more info on the Michael Mastro bankruptcy case here locally.
Here’s the WA State Deed of Trust Act.
and here’s the Unofficial Problem Bank list.
Here is a link to Vestus, our guest speaker at the auction……and thanks again to Melanie Braum from Mortgage Advisory Group for our snacks!