Archive for the 'Investment Property' Category
Short Sale Scams Continue… at the bank level.
Below is a link to a story that was recently run on CNBC. This goes into a little more detail about how the short sale scams are continuing… only at the banking level… and it’s putting our homeowners in a very difficult situation. Frankly, this story is disgusting, yet something we are continuing to see […]
Read More..>>News that effects us all! FEMA has changed the flood maps.
News that effects us all! FEMA has changed the flood maps.
The Federal Emergency Management Agency (FEMA) and the National Flood Insurance Program (NFIP) are updating flood hazard maps across the country. These new flood maps, also, known as Digital Flood Insurance Rate Maps (DFIRMs), show flood risk at a property-by-property level. Changing weather patterns, erosion, […]
Does my home qualify for a USDA loan?
Curious if your home (or new home!) qualifies for a 100% USDA loan? Just check out their website and type in your new address.
http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?pageAction=sfp&NavKey=property@11
Treasury sets guidance to simplify “short sales”
Treasury sets guidance to simplify “short sales”
By Al Yoon Al Yoon – Mon Nov 30, 6:58 pm ET
NEW YORK (Reuters) – The U.S. Treasury on Monday set long-awaited guidance on a plan for mortgage companies to speed “short sales” of homes and other loan modification alternatives to stem a rising tide of foreclosures.
The Home Affordable […]
Property Management Q & A - Can a tenant break the lease?
Property Management q & a
Q: A tenant of mine was the victim of a “home invasion” break-in (it was a co-worker who was mad at him for some reason that broke in). He says he is breaking his lease (he is in the first month of a 12 month lease) and moving out. Does he […]
Tenant Occupancy & Foreclosure. How long can I stay?
Tenant Occupancy and Foreclosure. How long can I stay?
Question:
Are there new state and/or federal laws affecting tenant occupancy of rental property after a foreclosure sale?
Answer:
Yes. Both Washington State and the United States recently created new law addressing a tenant’s right to retain occupancy of housing after a foreclosure sale. The Washington law took […]
Foreclosures, Mortgages & Boundary Line Adjustments.. oh my!
Foreclosures, Mortgages & Boundary Line Adjustments.. oh my!
Here is a perfect example of why you should ensure all parties are on board for any legal or real estate transaction. If you have any questions about what you’re trying to accomplish, talk to an expert.
Question:
Property owner owned two adjoining lots. Each lot was separately mortgaged. […]
Filing Bankruptcy & Selling your Home?
Filing Bankruptcy & Selling your Home?
Below is today’s opinion from Annie Fitzsimmons, the attorney who answers questions for the Washington Association of REALTORS® Legal Hotline. If you or someone you know is facing a hardship with their property, please talk to an expert to determine the best way to proceed forward. For additional questions or information, […]
Home Sales Spike! An update on our local economy.
Everett, Wash.
Published: Sunday, August 9, 2009
Biz week
Home sales spike
After months of bad news, real estate agents got some good news last week with word that home sales had risen by 19 percent in July in comparison with the same month a year ago. It was the second straight month that sales had risen after a […]
Are you involved in a Short Sale SCAM?
Are you involved in a Short Sale SCAM?
If you know me, you know that I rarely get so passionate about something that I need to spread the news… however, THIS is an exception and needs to be understood so you don’t get caught up in a Short Sale Scam!
The opinion below is from the Washington […]