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  • Two Flaws with the new Good Faith Estimate (7)
    • ARDELL: For as far back as I can remember, my clients have enjoyed seeing the info on a mock HUD 1 before they make an offer. This way what they see at the end matches...
    • Jeff: I won’t use the current GFE too….I use Calyx Point….I’ll just create a customized doc that with do the same thing as the bottom section...
    • Rhonda Porter: Jeff, I forgot to thank you for pointing out the payment is under “summary of your loan” however, as you mention, it does not break out...
    • Rhonda Porter: Jeff, I’m hoping we can redisclose if needed. I tend to “over estimate” on my preliminary GFE’s and I explain to clients that...
  • Nana needs a booster seat by tomorrow night (14)
    • ARDELL: tj, It’s been so long since I’ve had child safety seats in my life. My sister who lives here is gay, and while she’s a genius at many things,...
    • tj: And to be sure there is no misunderstanding in such an important matter, the tip applies when you attach a seat that has it’s own harness using the...
    • tj: That should be “I’m sure mom already knows”, i.e your daughter.
    • tj: It’s really good to see among all this economic turbulence that exposes greedy crocks and thiefs allover the place that people like Joan is also around. Very...
  • HUD Passes RESPA Reform, New GFE Coming in 2010 (45)
    • JM: The 10% increase only comes into play if you “identify” the service provider. HUD wants to give the consumer control of the process, which is fine. The...
  • Predatory Upfront Loan Modification Fees (207)
    • Tanya: I have been a LO for several years. I didn’t put borrowers in homes they couldn’t afford. I didn’t charge prepayment penalities for my profit....

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Fremont: the Center of the Universe!

While it has nothing to do with the MIT Forum, I thought it would be fun to present and comment on the TurnHere video of the Republic of Fremont along the lines of Dustin’s post on Ballard.
The video is a lot of fun and gives a great perspective on the funky, hip side of [...]

Local Treasure: Welkom to Ballard!

As some of you may have noticed, I’ve been taking a break from writing to take care of my beautiful baby boy. During this time off the Ballard community has been so wonderful to me and my family, I thought it would be fun to highlight one of the aspects that makes Ballard a [...]

Rain City Guide in Russian?

I had a good laugh when I read over WorldLingo’s translation of Rain City Guide in Russian.
“Interview with John Mudd of Inside Real Estate” became “Interview with John Mudd Real Estate Guts.” There were a bunch of other funny issues with the translation, but that was my favorite.

I’m yet to find a good [...]

Real-Time Flight Information for SeaTac

Very Cool:
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(via MetroBlogger)

Meet a Realtor Who Doesn’t Sell Houses…

The NY Times ran an article a few weeks ago on how hard it is for new real estate agents to break into the market (I’d like to the article but it is now behind a password-protected wall, so instead I’ll just link to the Property Grunt’s excellent summary and analysis). This article got [...]

Local Treasure: Golden Gardens

There’s a fun story on the City of Seattle’s website about the history of the Golden Gardens park. Turns out this local gem was named and developed “in 1907 as an attraction at the end of the novel, new electric car lines being built by realtors to induce townfolk to take a ‘Sunday outing’ [...]

Ballard Jazz Festival

This weekend in Ballard:
2 days / 50 musicians / 1 nordic fishing village
Artists include: Joe Locke/Geoff Keezer Quartet, Larry Goldings Trio, Kate Hammett-Vaughn, Eric Alexander, Peter Bernstein, Marc Seales Band, Jovino Santos Neto Quarteto, Origin Uber Band, Tumbao, Dawn Clement Trio, John Stowell, Rob Davis, Matt Jorgensen +451, Bill Anschell … and many more!
All [...]

Agent? Broker? Realtor? What’s the Difference?

The Motley Fool has a nice article explaining the different between a real estate agent, real estate broker and a realtor:
Ever wonder whether a real estate broker and a Realtor are the same thing? Well, they’re not. Not exactly, at least. Someone with a real estate license is a licensed real estate professional, or [...]

Is it Time to Refinance to Cash Out?

The Seattle Times posted an interesting article giving the pros and cons of refinancing homes in order to take out an cash (or a line of credit). Interestingly, the number of people doing this is extremely high with “nearly three out of four homeowners who refinanced through Freddie Mac between July and October cashing [...]

Stressful living!

In reading today’s Seattle Times article on people who have used interest-only loans to get into homes they could not otherwise afford, I get the feeling that some people are much better at living under constant stress than me!
It can be a wonderful experience to own a home, but it still [...]