HousingWire | FICO dispels myth: Short sale may damage credit score as much as foreclosure
HousingWire | FICO dispels myth: Short sale may damage credit score as much as foreclosure. Turns out that a short sale doesn’t protect a homeowner’s credit score as much as originally thought. This blog post from FICO is several days old, but still too good to give a miss. It’s title asks: “Are short sales really that bad?” The […]
Buying a Foreclosure? Watch Out for These 5 Landmines | Fox Business
Buying a Foreclosure? Watch Out for These 5 Landmines | Fox Business.
Will short sales hit home prices? – MarketWatch
And while the changes provide new hope to distressed home owners, experts say they could negatively affect prices in neighborhoods that get an influx of new short sales. A rise in short sales will result in “downward pressure on home prices until we clear out the majority of these distressed properties,” said Jack McCabe, an […]
Spokane Journal of Business – The Business Newspaper For The Inland Northwest – Greenstone Corp. affiliate proposes $9.5 million apartment complex at Kendall Yards
Greenstone Corp. is proposing to construct an apartment complex with 84 living units, which would be the first rental residential units to be built within the Kendall Yards urban village. via Spokane Journal of Business – The Business Newspaper For The Inland Northwest – Greenstone Corp. affiliate proposes $9.5 million apartment complex at Kendall Yards.
Home Owners Torn on Strategic Default: Right or Wrong? | Realtor Magazine
Question for the day: Is it ‘morally right’ to walk away from your home mortgage loan (a strategic default) merely because the loan is ‘underwater’ and you do have the ability to pay? Home Owners Torn on Strategic Default: Right or Wrong? | Realtor Magazine.
Short Sales – Limitations on Collecting Deficiency Judgments
The 2012 Washington State Legislature regular session concluded on March 8. Bills were enacted that affect mortgage loan origination and servicing . As the legislative session proceeded, various foreclosure-related bills merged into Engrossed Substitute House Bill 2614 (“ESHB 2614”). ESHB 2614 affects: short sales, the Foreclosure Fairness Act, rights of a foreclosure sale purchaser to […]
Foreclosure rates dropping in Spokane – Spokesman.com – July 26, 2012
“Foreclosure crisis” in Spokane over? The mid-year foreclosure report released by RealtyTrac on Thursday morning put Spokane at 178 out of 212 metropolitan areas. In the past 12 months, the foreclosure rate in Spokane has dropped by 54 percent. (Whenever I hear the term “foreclosure crisis” in Spokane I always ask ‘which foreclosure crisis?’ The […]
Foreclosed homes: Now, theyre hot properties – CSMonitor.com
Growing buyer interest is clearing out more than 1.5 million foreclosed homes, clearing out a huge backlog. Interest in foreclosed homes is highest in states hit hardest by housing crisis. via Foreclosed homes: Now, theyre hot properties – CSMonitor.com.
Home Prices Are Hitting Bottom – WSJ.com
The last crash took more than a decade to work through—and this market could take an especially long time because the huge accumulation of empty, foreclosed houses will hold down prices for all properties. When adjusted for inflation, the Case-Shiller index didn’t return to its 1989 peak until 2000. Home Prices Are Hitting Bottom – […]
WASHINGTON STATE CARBON MONOXIDE DETECTOR RULES
Requirements to have CO alarms installed in residential rental dwellings are as follows: By January 1, 2011, carbon monoxide alarms must be installed in all new residential construction in R-1, R-2 and R-3 occupancies where an attached garage or fuel-fired heat source is present. By January 1, 2013, carbon monoxide alarms must be installed […]