Short Sales in the Seattle Area Most home owners in the Seattle area are in a short sale situation.  Meaning of course that if they sell their home now, it will not sell for enough to cover what is owed to the bank.  There is a lot of debate whether it is better to let [...]

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Do you think you are actually going to make an offer on that property?I had to share this very funny and not so far from the truth video about buying a bank owned property.  It is becoming increasingly more frustrating to help buyers get into a home, simply because the banks and listing agents just [...]

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At least I am not the only one complaining about Bank of America and their short sales!Ran across this post this morning on another blog, where they are slamming on Bank of America for being absolutely retarded about completing short sales.  I couldn’t agree more, and have yet to talk to anyone that has had [...]

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Find out if you are eligible for a home loan modification or refiance by vistiting the Home Affordable Refinance Program website.

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Bank of America to Ease its Short Sale RequirementsTypically when an investor holds the 2nd note on a short sale property, they don’t get a lot when the asset is finally sold.  Up until recently Bank of America has held fast to a ‘pay us 10%’ rule that I am sure has crashed more than [...]

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Fannie Mae has announced a temporary hold on evictions and foreclosures pending announcement of a Federal national foreclosure prevention and loan modification program.

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Why won’t I buy a short sale designation? Because it has little value to my clients! Find out exactly why I don’t think that most real estate short sale designations and certifications are worth anything.

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I am preparing to write a book on short sales and would like input as to what questions and concerns homeowners have. Please drop by and leave your comments and questions!

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Short Sale Home Listings in Washington StateHave you been looking for Short Sale Home Listings in Washington State and are getting frustrated because you aren’t finding a good list of properties, I am not surprised.  For the most part, short sale properties are listed in the MLS just like any other home, and are supposed [...]

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Lower Short Sale Excise Tax in Washington StateGood news for anyone that is needing to sell a home for less than what they owe in Washington state (aka short sell.)  According to the News Tribune:
Department of Revenue communications director Mike Gowrylow said the department will now only levy taxes on the actual sale price of [...]

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