Hi Everyone, Here are the links and follow up from today’s class. Here is a link to the Washington State website that lists free, HUD-approved Housing Counseling Agencies referenced in DOL’s Short Sale Seller Advisory. The DOL Short Sale Advisory is for home sellers but really should be for both sellers AND their Realtors/real estate brokers. […]
To the Students from the Dec 15, 2010 REO Listing Broker Class at SKCAR Bellevue
Hi Everyone, Here’s the follow up from today’s class. Here’s a link to Albice v. Dickinson, the WA State Supreme Court Opinion that voided a trustee sale. This is a great read…or I have a really boring life 🙂 This is a very funny (or not) blog post from Findwell about how Realtors responded to […]
To the Students from the Dec 14, 2010 Buying REOs class at SKCAR Bellevue
Hi Everyone, Here are the links and follow up Q&As we discussed in class. Here’s the blog post I created with links to bank and lender and government (Fannie, Freddie, FHA/VA) REO inventory, listed or otherwise not listed yet. Here’s the cool Neighborhood Watch website where you can run a search of FHA defaults in Washington […]
Washington State Department of Licensing Issues Short Sale Advisory
The Real Estate Division of the Washington State Department of Licensing and the Department of Financial Institutions have issued two memos about short sales. The DOL Short Sale Advisory is for home sellers but really should be for both sellers AND their Realtors/real estate brokers. DFI’s companion advisory is titled “Short Sale Guidance for Licensees” and contains many Q&As for both loan modification and […]
To the Students from the Dec 9, 2010 Short Sale class at PNW Realty Lynnwood
Hi Everyone, Here are the follow up links from class today. Calculated Risk has an extensive archive of charts which may be helpful when taking an educational approach with your home sellers. Here’s the chart showing the government’s market share in the mortgage marketplace. Here’s the Making Home Affordable website where you and your clients […]
To the Students from the Dec 3, 2010 Foreclosure Field Trip
Hi Everyone, Here are the relevant links from today’s class. Here’s a link to the Northwest Trustee Service website and a link to our special guest speaker, Vestus. Thanks again to Christopher Hall for going through the homes up for bid! Here’s the nice PDF of the foreclosure timeline we reviewed in class. By request!…a […]
To the Students from the Snow Day REO Broker Class on Nov 22, 2010
Hi Everyone, Here’s the follow up from today’s class. Here’s the story on shadow inventory that came out this morning on Calculated Risk. Here’s a link to that nasty graph showing the path of one person’s securitized mortgage. Here’s the Wa State Supreme Court Opinion that voided a Wa State foreclosure sale. Here’s a link […]
To the Students from the Nov 17, 2010 REO Class at PNWRealty Fed Way
Hi Everyone, Here’s the follow up Q&As from today’s class. Are rents stabilizing? Maybe in some cities. Here’s a graph showing the U.S. homeownership rate. More graphs….same awesome source (CalculatedRiskBlog) showing delinquencies. Scroll across the bottom for the REO inventory charts. Here’s the most recent unofficial problem bank list. Here’s a great movie to rent […]
To the Students from the Nov 12th Foreclosure Field Trip
Hi Everyone, Here are the relevant links from today’s class. Here’s a link to the Northwest Trustee Service website and a link to our special guest speaker, Vestus. Thanks again to Christopher Hall for going through the homes up for bid! Here’s the nice PDF of the foreclosure timeline we reviewed in class. Here’s the […]
To the Students from the Nov 9, 2010 Buying REOs Class at SKCAR Bellevue
Hi Everyone, Here are the links I promised to post: Here’s that great New York Times story about why banks are foreclosing v. saying yes to your short sale offers. Here’s the FDIC Press Release addressing that viral YouTube video about Indymac. Please stop forwarding the video as it has been deemed to have no […]