Apr
05
2010
0

Zillow, Cyberhomes, and EAppraisal.com, Who to believe

Automated home valuation web sites offer the promise of a free market value for your home without the hassle of having an agent spend hours of your time during a free CMA presentation. I think they are great, and more than a little addictive once your start logging into the site and popping in the [...]

Mar
29
2010
2

Barny Frank calls for principle write downs

Many of the loan modifications in process are running into challenges when the second mortgage holder is asked to cooperate. Homeowners trying to stop foreclosure in Maple Valley are having success with their first lien holders just to find out that the second mortgage holder is refusing to cooperate. House Financial Services Committee Chairman Barney Frank [...]

Mar
26
2010
0

Why Fly Coach When First Class is the Same Price!


Booking an airline flight is an exercise in the trade offs in value. For those who are value conscious they can fly stand by and get the least certainty of achieving their goal of arriving at their destination on time. In the middle of the value spectrum is coach where your seat is (relatively) assured, but

Mar
25
2010
0

Closed! Another Maple Valley Short Sale


This was one of the cutest homes I have sold in recent history. Definitly much better than the average short sale property. There was one loan, Chase Bank. We caught them in the middle of some major system changes as they took over Washington Mutual’s assets and could not seem to get anything right.

Jan
22
2010
2

Why The Heck Do I Do Short Sales?

I’ll confess that my primary objective is to provide for my family. My intention is to do very well. However, I could not engage in the daily battle that is involved in short sale transactions without the deeper more altruistic commitm…

Jan
14
2010
0

President Obamas Tax on Big Banks

While watching President Obama’s news conference I found myself feeling a deep sense of satisfaction. The President outlined a new tax on large banks who he referred to being the primary cause of the current economic crisis. It looks like the banking business chickens are coming home to roost…..

Jan
10
2010
3

Making Home Affordable Rule Changes

In a press release dated December 5th 2009 the treasury department released new rules and incentives for homeowners involved in loan modifications and short sales. According to treasury department reports the Home Affordable Mortgage Program (HAMP) currently has 375,000 applicant……

Jan
07
2010
0

If You're Short Selling Consider Staying Put

The banks should not be taking your house and you should not let them! I represent allot of short sale clients in Maple Valley, Issaquah, Covington, Kent and Renton and can say with certainty that if you allow the lender to take your property with little or no hassle, they will!

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