To the Students from the July 27, 2011 class on Buying REOs

Here are some links from our discussions in class today:

Here’s a great resource guide that was just published: It’s 61 pages and full of good stuff. Be sure to email this to your sphere.  Even if they’re not facing foreclosure they might know someone who may need this info: WA StateForeclosure Resource and Prevention Guide.

Here’s a blog post I wrote providing a link to many bank-owned REO lists.

We talked about the brand new WA State Foreclosure Fairness Act….and here’s a great blog post from Jess and Julie Lyda on this topic.

There was a question as to how many homes are foreclosing each week in various WA counties. You can check the stats on one of the largest trustee websites here.  Click on “properties for auction” and it will open in a new browser.

MERS recently lost a case in Oregon. One of my favorite twitter friends @socialapocolyps found the case for us…the story is here

Here’s info on the Fannie Mae Homepath Renovation loan program and the special offer from fannie…..and theHUD Homestore.

Here’s the Fannie Mae Seller Servicer Announcement 2011-05 with info about what type of transactions will qualify for the 6 month seasoning requirement waiver.

I found what the new FHA loan limits will be this coming fall. Thanks, Rhonda.