Bank Wins – Homeowner Loses Foreclosure – Homeowner Can’t Challenge the Statutory Beneficiary Declaration RCW 61.24.030(7)(a)
ROCIO TRUJILLO, an unmarried woman, Appellant, v. NORTHWEST TRUSTEE SERVICES, INC., a Washington corporation, Respondent. WELLS FARGO, NA, Defendant. No. 70592-0-I.Court of Appeals of Washington, Division One. Filed: June 2, 2014. John Matthew Geyman, Columbia Legal Services, 101 Yesler Way Ste 300, Seattle, WA, 98104-2528, Rocio Trujillo (Appearing Pro Se), 33725-32nd Ave Sw, Federal Way, […]
Cash Property Deals Reach Record With U.S. Boomers Retiring – Businessweek
The majority of people making all-cash deals are baby boomers mostly because America’s largest-ever generation is beginning to retire, said Lawrence Yun, chief economist of the National Association of Realtors. In 2012, there were a record 61.8 million Americans over the […]
Nearly half of modified mortgages facing rate increases are underwater | Inman News
In April, nearly 2 million modified mortgages — mortgages whose terms were adjusted to help homeowners hold onto their homes — were facing interest rate resets in the years ahead, and 40 percent of them were underwater, according to Black Knight Financial Services’ latest Mortgage Monitor Report. via Nearly half of modified mortgages facing rate increases […]
Fannie Mae to negotiate short-sale offers directly with real estate agents | Inman News
HomePath for Short Sales, Fannie’s Mae’s portal for listing agents involved in short sales, now allows agents to contact Fannie Mae sooner in the short-sale process and avert potential problems that could require escalation later on. via Fannie Mae to negotiate short-sale offers directly with real estate agents | Inman News.
Rule with self-directed IRAs: Investor really beware – Chicago Tribune
Self-directed IRA companies started to become more popular more than a dozen years ago when investors began using them to help finance the purchase investment real estate. And why not? When you use a self-directed IRA, you’re essentially lending yourself the money to pay for the real estate. The proceeds from the investment property (that […]
Spokane real estate market bouncing back | Spokane/E. WA – KXLY.com
The latest S & P report finds home prices nationally up 10.3-percent in the first quarter of this year. via Spokane real estate market bouncing back | Spokane/E. WA – KXLY.com.
Rent-Ready Checklist for Landlords
Rental properties should rent-ready condition. Showing a rental property that is not rent-ready leaves a lot of room for expectations and interpretations by the tenant. The landlord’s idea of a repair or cleanup is not the same thing the prospective tenant hears or expects. To attract good qualified tenants a property should be clean and attractive on the […]
Great Tools For Determining Value of Your Property
I am sharing some great online resources to help you compare values of properties you may want to purchase or simply ascertain the value of your residence. 1) www.Zillow.com – Probably the most popular free comping site online. 2) www.FinestExpert.com – Free and has some cool calculators and tools. 3) www.RealQuest.com – This site costs […]
Nearly half of all home sales all-cash deals
All-cash deals hit a record 43 percent of home sales during the first three months of 2014, according to RealtyTrac. That’s up from 19 percent a year earlier and the highest level reported since RealtyTrac began tracking the deals in early 2011. The jump is due to two main factors: strict lending standards that make […]
Short Sales and Foreclosures Could Bring a Nasty Tax Bill
If you had mortgage debt forgiven in the last year by your lender, check the mail. Your lender should be sending you a 1099-C form in the mail right about now. The 1099-C lists the amount of debt your lender wrote off. Hard as it seems to believe, struggling homeowners have had it easy for the last seven years […]