Hi Everyone, Here are the important links we talked about in class today: Here’s the graph from CR’s website showing that 96.5% of all loans are being backed by the federal government. Here’s my list of questions to ask the listing agent on a short sale before you show the home. And here’s my list […]
Author Archive | Jillayne
To the Students from the Nov 4, 2010 Advanced Short Sale Class at PNW Realty Bellevue
Hi Everyone, Here’s our follow up from today’s class: Here’s that very good article from the New York Times regarding banks foreclosing instead of saying yes to a short sale that Daphna kept referring to. Bruce, be sure to check this out! Bruce also asked for some checklists. Here’s my list of questions to ask […]
To the Students from the Foreclosure Class at PNW Realty Fed Way
Hi Everyone, Here’s the follow up from today’s class. Seattle Bubble is required reading for my students. Nobody does Seattle area housing statistics better than Tim Ellis. Here’s a recent article tracking foreclosure stats, which SB does monthly for their readers. Here’s the recent story about Wells Fargo limiting short sales to only ONE foreclosure […]
To the Students from the October 12, 2010 REO Class at SKCAR Bellevue
Hi Everyone, Here’s the follow up Q&As from today’s class. Here’s a story about the mortgage fiasco regarding those pesky robo-signers. Tom Lawler writing at CR helps us understand what’s going on. Here’s a link to the graph showing the Fannie, Freddie, FHA REO inventory and the second graph adding the Private Label MBS. inventory. […]
To the Students from the REO Class at John L Scott “THE” Kent Office
Here’s a story about the mortgage fiasco regarding those pesky robo-signers. Tom Lawler writing at CR helps us understand what’s going on. Here’s a link to the graph showing the Fannie, Freddie, FHA REO inventory and the second graph adding the Private Label MBS. inventory. And here’s a page on ceforward.com that provides a list of […]
To the Students from the Advanced Short Sale Class at PNW Realty Federal Way
Hi Everyone, Here’s the follow up from class. There was a request for more information on HUD’s “limited denial of participation” list and the federal ”general services admin” list. Here’s the graph showing that 96.5 percent of all loans are being backed by the government. Thanks again to CR who allows me to use his graphs in the […]
Questions to Ask the Listing Agent on a Short Sale
How many short sales have you successfully closed? How many of your short sales have gone into foreclosure? Has the seller completed the bank’s required paperwork? Are you negotiating this yourself or will a third party be negotiating? (If it’s a third party, see this blog post for 21 questions to ask your third party short sale […]
To the Students from the Sept 23, 2010 Short Sale Class at PNW Realty Fed Way
Hi Everyone, Here are the follow up questions and answers from class today. You all worked very hard this morning! Here’s the Statement of Charges on Hellickson….and look at the news story just breaking this evening on the Hellicksons. Somebody also asked for a link to the article on Shawn Portman Here is a link to […]
To the Students from the Sept 2010 Idaho Realtor Convention
By Jillayne on September 23, 2010 in Real Estate Continuing Education Classes, REOs: Real Estate Owned, Short Sales
Hi Everyone! Thanks for a fun day in Boise! Morning students attended the Advanced Short Sale Class. Here’s the follow up Q&A: Here the link to a summary of the Dodd Frank Wall Street Reform Bill from the Mortgage Banker’s Association. Here’s a link to the most important slide from the ‘market update’ section of […]
To the Students from the SKCAR Bellevue Class on Buying Bank Owned Homes
Hi Everyone, Here’s the follow up from today’s class on Buying REOs. Here’s a link to the graph showing the Fannie, Freddie, FHA REO inventory and the second graph adding the Private Label MBS. inventory. Here’s the page on ceforward.com that provides a list of where to find bank owned homes beyond the MLS. Here’s […]