Rain City Guide

Welcome to the leading resource for information on the Seattle area real estate market

• Two Flaws with the new Good Faith Estimate (11)
  • Russ: The problem is that the disclosures are not there for consumer protection. They are there as a CYA for the companies. Thank the attorneys. Seriously, do we...
  • Rhonda Porter: Bela, I agree. I think the new form is more confusing…but maybe the regulators are on to something and the form will make sense to consumers....
  • Rhonda Porter: Ardell, I don’t think the new HUD portion approved with the new GFE will be part of the GFE. It will just be the GFE (I could be wrong).
  • Bela: I’m sure we can all get used to the new form, but I’m not sure it does anything to address the problem of borrowers taking loans they don’t...
• The Crackberrys are coming to Real Estate by a Storm! (14)
  • Rhonda Porter: I’m so happy with my brand new Blackberry Storm! The click-screen is the best. I tried using the iPhone at apple when I was sick of my...
  • Greg Russell: Jim, We will be supporting the Storm with our eKEY software. Because it does have a different user interface from other BlackBerry devices, it may take a...
• 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...
• 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....

• Real Central VA: Wrapping Up Tuesday’s Radio Appearance
• From Rain City Guide: Should I Buy A House Now?: Part III: Don’t Pay Off Bad Credit
• From Rain City Guide: Should I Buy A House Now?: Part II: Count All The Money You Wasted This Year
• From Rain City Guide: Should I Buy A House Now?: Part I: Should I Buy A House Now?
• Home Pricing Comments: LifeStyle Denver
• Northern Virginia Real Estate Voice: Hope Now is “Unavailable”
• Inman | Redfin Corporate Blog: Holy Guacamole! Move.com Squares Off with Redfin
• SF Peninsula Real Estate Guru: Good info on mortgage relief and modification programs
• 4realz.net: 4realz Roundtable: Effect of FDIC/Treasury Actions on Home Buyers and Real Estate Industry
• Real real estate porn: 360Digest
• Coastal Real Estate and Lifestyles: Loan Modification: The next wave?
• The Seattle Specialist: Google Maps Street View comes to Seattle, and more…
• The Hotlist: President Barack Obama
• Days on market, buying or selling: Charleston Real Estate Blog
• FHA Book: Ever Changing FHA
• A Generous People - Puyallup: Mortgage Interest Rates for Puyallup and Beyond
• Seattle Bubble — News & discussion about real estate & the housing bubble in the Seattle area.: Seattle...
• Kirkland Highlands Real Estate Buzz: Where’s The Kirkland Highlands’ Weekly Real Estate Buzz?
• The Hotlist: Foreclosures have been a theme on RCG la …
• Real Estate Blogs for the Consumer: 7-  Rhonda Porter writes on her blog “The Mortgage Porter” When an appraisal...