Hi Everyone, Here’s the follow up from today’s class: Here is the Credit Suisse chart showing the subprime, Alt A and prime ARM resets through 2012. Here’s the blog post from Calculated Risk where I quoted the statistics on ARMs right at the beginning of the class. We discussed the new law signed by the […]
Archive | Real Estate Continuing Education Classes
To the Students from the Aug 25, 2009 Loan Mod Class at SKCAR Bellevue
Hi Everyone, Here’s the follow up from class: Here’s the link to the MyFico.com website. I really like this page because it provides an easy to understand explanation of ones Fico score and will help homeowners better understand how a loan mod, foreclosure, or short sale will effect their credit score. I asked a loan […]
To the Students from the Aug 7 Current Issues Class in Ketcham/Sun Valley
Hi Everyone, Here’s the follow up from the Current Issues class: Here’s the New York Times interactive map showing the percentage of subprime loans made in various states and counties. Here’s the link to the HUD website where you can search and find FHA-approved condos. Here’s the article about how to find the bottom in […]
To the Students From the Aug 6, 2009 REO Class in Ketchum/Sun Valley
Hi Everyone, Here’s the follow up from class this afternoon: Here’s the Credit Suisse chart we looked at that shows the subprime, Alt-A, and pay option ARM loans set to recast through 2012. Here’s the Obama Administration announcement regarding the new tenant eviction law . Here’s the direct link to the Idaho Dept of Finance […]
To the Students From the Aug 6, 2009 Short Sale Class in Ketchum, ID
Hi Everyone, Here’s the follow up from today’s class: Q: What is the name of the clause in the final short sale seller paperwork that describes a lender’s power to pursue the homeowner for the amount forgiven at closing? A: This has been referred to as the ‘deficiency clause’ and ‘payment in full without pursuit […]
To The Students from the July 20, 2009 Short Sale Class at SKCAR Bellevue
Hi Everyone, Here’s the follow up from today’s class. Here’s the story about the Federal Home Loan Bank that appeared in Sunday’s Seattle Times. Here is the link to the MyFico website that shows the various moving parts to a person’s credit score. We talked about mortgage insurance companies today. Here’s the story on MGIC. […]
To the Students from the July 16, 2009 Short Sale and Foreclosure Classes in Wenatchee
Hi Everyone, Here’s the follow up I promised from the Short Sale and Foreclosure class yesterday: Here is the interactive map from the NYTimes showing the percentage of subprime loans in various WA State counties. Wow, Douglas County is at 25%. Here’s how to find out if a loan is being held in Fannie Mae’s […]
To the Students from the June 30, 2009 Advanced Short Sale Class
Hi Everyone, Here’s the follow up from today’s class: Changes to the WA State Deed of Trust Act are reviewed over on this post at RCG. Here’s the post we reviewed during the Market Update segment of the class showing the surge in prime delinquencies. CR had a great post today about the long tail […]
To the Students from my June 18, 2009 REO Class at Firstam Bellevue
Hi Everyone, Here’s the follow up from class. Here is the Credit Suisse chart showing the subprime, Alt A and prime ARM resets through 2012. Here is the article on condo auctions from Seattle Bubble. Here is a link with more information on the FHA anti-flipping rule. Here is a quick article on the difference […]
To the Students from the June 17, 2009 Foreclosure Class at KW Bothell
Hi Everyone, Here’s the follow up from class. There was a request for the direct link to the IRS website explaining taxation issues surrounding debt forgiveness on a short sale. Here’s the link. There was a question regarding eviction following foreclosure: Is it 20 days or 90 days? Here is a link to the Bar Assoc […]