Here are links to some of the things we covered today. Here’s a link to the free, HUD Approved Housing Counseling Agencies in WA State and the link with more info for ppl who might qualify for free legal aid. Here’s a link to a blog post I wrote about the two new forms from DFI and DOL, the […]
Archive | Pre-foreclosures
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 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 […]
Predators are Still Safe
The author of this article is Gordon Schlicke If there was ever a time when federal regulators should be knocking heads it’s now. The plain truth about the subprime meltdown is that investors got greedy and lenders began looking the other way. There’s plenty of blame to go around but now the blame rests with those […]
Distressed Property Law HB 2791
By Jillayne on May 28, 2008 in Fiduciary Duties, Pre-foreclosures, Short Sales, Washington State Laws
There is a lot of confusion, anger and fear surrounding the new Distressed Property Law. I’m not going to jump on the bandwagon and do a critical analysis of the law here. Instead, jump into the way-back machine and take a trip through these links to 2004, 2005, 2006 and 2007 when foreclosure rescue scams started to […]
Short Sale Legal Counsel in Seattle
In the Short Sale classes I teach for real estate continuing ed, I am constantly reminding the Realtors to always refer their homeowners who are in financial distress to an attorney for legal counsel. Attorneys can do things that real estate agents can’t, like give legal advice. Real estate attorneys know the state laws that […]