Author Archive

Notice of Trustee Sales v. Trustee Deeds

Wednesday, July 1st, 2009

Each month, Alan from Seattle Bubble religiously posts the Notice of Trustee Sale (NTS) numbers for King County. I’m very appreciative of his work because it saves me time each month so thanks again, Alan.  Cruising SB last night, I found Alan’s numbers alarming for June:  1615 NTS were filed.  Here are more numbers from Alan: King... »

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Posted in Foreclosure, Housing Crisis, Housing Market, Investing, Loan Modifications, New Construction, REOs, Seattle Real Estate, Short Sales, Underwriting | 13 Comments »

Will the New National Loan Originator Exam be Too Easy?

Wednesday, June 24th, 2009

I just took a look at the sample questions provided by the National Mortgage Licensing System for the new national loan originator exam and I must say these are so easy why even bother with a test?  Let’s take a look: If an applicant works 40 hours every week and is paid $13.52 per hour,... »

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Posted in Federal Law, Seattle Real Estate | 47 Comments »

Longer Waiting Period to Evict Tenants After Foreclosure in WA State Effective July 26, 2009 and Free Legal Aid for WA Homeowners Facing Foreclosure

Friday, June 19th, 2009

There was a new law signed by Governor Gregoire this past legislative session,  SB 5810. Here is the link to the legislative page for the bill. Click on the “final bill report” for a quick summary.  The law gives TENANTS 60 days to vacate a residential home after foreclosure. Currently it’s 20 days (scroll to... »

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Posted in Seattle Real Estate | 13 Comments »

California Attorney General Demands All Loan Modification Firms Register with his Office and Post a 100K Bond

Wednesday, June 3rd, 2009

From the Orange County Attorney General’s Office: Oakland — Continuing his fight against scam artists who “prey on” vulnerable Californians, Attorney General Edmund G. Brown Jr. today issued a directive forcing foreclosure consultants to register with his office and post a $100,000 bond by July 1, 2009. Those who fail to do so will be... »

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Posted in Foreclosure, Housing Crisis, Loan Modifications | 1 Comment »

Bellevue College Real Estate (College Credit Division) Winding Down

Sunday, May 31st, 2009

Bellevue College (formerly Bellevue Community College) use to be the go-to place for real estate courses that also counted towards college credit.  I must have referred hundreds of people to BCC during the last decade. The slowdown in the real estate industry has hit this program hard.  But it’s not because real estate agent students... »

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Posted in Diversions | 2 Comments »

Seattle International Film Festival Review: Deadgirl

Friday, May 29th, 2009

June is a busy month for families.  Graduations, end-of-the-school year parties, summer camp registration, the end of spring sports and tryouts for fall sports, Father’s Day, yet I try hard to make time for….The Seattle International Film Festival.  I’ve seen 5 movies so far and last night’s screening of Deadgirl is my favorite.  I attended the... »

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Posted in Diversions | 2 Comments »

Seattle International Film Festival!

Saturday, May 23rd, 2009

This past Christmas, I bought my nephew Josh a 20-pack gift certificate to the Seattle International Film Festival and we’ve been surfing the SIFF movie sorter finding all kinds of films that are on both of our “must see” lists.  Last night we saw a Midnight Adrenaline showing of “I Sell the Dead.” Yes,... »

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Posted in Diversions, Moving, Seattle | 5 Comments »

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