2014 Foreclosure numbers dip in Spokane, remain historically high > Spokane Journal of Business
Foreclosure numbers dip in Spokane, remain historically high Housing recovery said to hinge on job growth Mike McLean January 15th, 2015 Foreclosure actions completed in 2014 in Spokane County fell 19 percent compared with the record number of foreclosures in 2013, but they’re still historically high, some housing-market observers here say. The Spokane County […]
$15 million-plus office complex eyed along Spokane River in U-District > Spokane Journal of Business
Spokane developer and contractor Eric Brown says he plans to construct a $15 million-plus office complex near the south bank of the Spokane River, on the eastern edge of the University District. The project, tentatively named Spokane River Properties Development, would have four three-story office buildings and one single-story retail structure, Brown says. Brown’s real […]
Body Cameras for Security Guards, Repo Men, Electricians And Real-Estate Agents: One Way to Avert Lawsuits – Wall St Journal
Following tragedies like the police shooting in Ferguson, Mo., law-enforcement agencies across the U.S. are adopting body cameras. And in a twist that was perhaps inevitable, private-sector service workers from security guards and repo men to electricians and real-estate agents are embracing them too. In interviews with makers of these wearable cameras, as well as […]
Dodgy Home Appraisals Are Making a Comeback – Wall St Journal
Dodgy Home Appraisals Are Making a Comeback Industry Executives See Parallels With Pre-Crisis Valuations; Regulators Are Wary By ANNAMARIA ANDRIOTIS Updated Dec. 1, 2014 7:35 p.m. ET Home appraisers are inflating the values of some properties they assess, often at the behest of loan officers and real-estate agents, in what industry executives say is a […]
Don’t Buy a Home as an Investment (A Contrarian View) – Wall Street Journal
Don’t Buy a Home as an Investment After Costs, It Typically Doesn’t Yield Much. Think of It as a Place to Live. By JONATHAN CLEMENTS Dec. 27, 2014 8:08 p.m. ET This year, I sold one apartment and bought another. It was a reminder that the words “home” and “investment” don’t belong in the same […]
Merry Christmas for short sellers: Mortgage debt forgiveness is back | Inman News
One-year retroactive extension covers 2014 deals A comprehensive tax bill that reinstates protections for distressed homeowners shielding them from having to pay taxes on mortgage debt forgiven in 2014 is headed for President Obama’s desk. The tax break on forgiven mortgage debt, and another allowing homeowners to deduct mortgage insurance premiums, was one of 55 […]
5 Common Mistakes That Sabotage Residential Fix & Flip Profits
BY MATT FAIRCLOTH ON DECEMBER 5, 2014 Hi, everyone! I hope you all had a great turkey day and are back in business, ready to complete 2014 with a bang! Today, I am doing a tribute to my fellow fix and flippers (and aspiring ones also). Fix and flips are a major part of our […]
Safeguard Your Social Security Number – Wall Street Journal
It’s the Last Thing You Want a Hacker to Have By JENNIFER WATERS December 14, 2014 The rising number of data-security breaches has experts warning that it’s not a matter of if your identity will be stolen, but when. The Sony Pictures Entertainment breach in late November is a glaring example of how vulnerable we […]
Expiration of the Federal Housing Administration’s Property Flipping Waiver
The Federal Housing Administration’s (FHA) Office of Single Family Housing has announced that the temporary waiver of FHA’s regulation that prohibits the use of FHA financing to purchase single family properties that are being resold within 90 days of the previous acquisition, expires on December 31, 2014. FHA deems a sales contract to be executed […]
What Is The Foreclosure Process In Washington? (Great Video)
What is the foreclosure process in Washington? Washington is a “non-judicial foreclosure” state, meaning that a lender can foreclose on a property through a third party, the trustee, and not through the court system. The trustee has a duty of good faith towards both the lender and the homeowner. This non-judicial process is described the […]