Hi Everyone, Wow, what a fantastic class today…so many interesting questions and so MANY questions on Deeds-in-Lieu of Foreclosure. As promised, here’s the follow up: Here’s some reading material on loan modification plan for people with Pay Option ARMs seeking principal balance reduction. Here’s the statistical data on Pay Option ARMs and here’s the reset chart. A big […]
Archive | Real Estate Continuing Education Classes
Bank Owned REOs
While doing research for one of my new classes, “Buying an REO” I came across an outdated list of direct links to bank REOs for sale. So I decided to update the links and repost it for my students. I also added some regional banks from the Pacific Northwest. Feel free to leave new links in […]
To the Students from the June 18, 2010 REO Class at SKCAR Bellevue
Hi Everyone, Wow, what a fun class today! Here’s the follow up: Here’s the story from the L.A. Times about the FBI filing criminal charges against 1200 people today for mortgage fraud. There were several questions regarding Homeowner’s Associations and how many month’s worth of dues they can force the lender to pay after foreclosure, and how […]
To the Students from the June 17, 2010 Foreclosure Class at PNW Realty Federal Way
By Jillayne on June 18, 2010 in Foreclosure, Foreclosure from default to auction, Making Home Affordable
Here’s a link to the mortgage delinquency stats charts we looked at during the first hour of class. There was a request to see graphs comparing the 1990s recession with our “Great Recession.” Here’s the most recent “unofficial problem bank list” from CR. This list is updated every Friday evening on calculatedriskblog.com Here’s a link […]
To the Students from the May 18, 2010 REO Class at Firstam Kirkland
Hi Everyone, Here’s the follow up from today’s class. Here’s the link to Neighborhood Watch so you can see which lenders have a high FHA default rate. Here’s a link to the myfico.com website. They have a great education side to their website where your homeowners can ask all kinds of different questions about how […]
To the Students from the April 29, 2010 Foreclosure class at John L Scott Puyallup
Hi Everyone, Here’s the follow up from class today. Here’s a link to MakingHomeAffordable.gov to see if a home is owned by Fannie/Freddie and eligible for the Home Affordable Foreclosure Alternative program. Here’s a direct link to the Loan Lookup page. Here’s a link to Neighborhood Watch to check to see who the lenders are […]
To the Students from the April 9, 2010 REO class at SKCAR Bellevue
Hi Everyone, Here’s the follow up from the REO class on Friday: Here’s a link to a story about problems people are having getting flood insurance right now. Here’s a link with more information about the Home Affordable Foreclosure Alternative program regarding giving lenders monetary incentives to process short sales when a homeowner does not […]
To the Students from the March 24, 2010 REO Class at KW Bothell
By Jillayne on March 25, 2010 in Real Estate Continuing Education Classes, REOs, REOs: Real Estate Owned
Hi Everyone, Here’s the follow up from the REO class today. Here’s a link to the Chase website. When Chase representatives were in town recently, they mentioned that they prefer to use an asset management company to market their REOs. At the bottom of this website is more info on how to work with their […]
To the Students from the March 9, 2010 REO Class at SKCAR Bellevu
Hi Students, Here’s the follow up from today’s class. It looks like the 90 day tenant eviction rule will sunset in 2012. Here’s a video of Jim the Realtor doing an initial walk through of an REO. Here’s the link to the Pacific NW Housing Summit website. Here’s the attorney referral page I mentioned in […]
To the Students from the Jan 11, 2010 REO Class at Preview P Northgate
Hi Everyone, Here are the links I promised to send: List of WA State Chartered Banks Here is the unofficial list of problem banks. Scroll down for the embedded spreadsheet. …and here is more info on Option ARMs for those who were asking lots of great questions about Option ARMs. This post contains the statistics […]