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  • Government Intervention in Foreclosure (38)
    • tj: I would like free healthcare for everyone, free college and state or government sponsored daycare and old age homes. Yes, I would be prepared to pay for it,...
    • Kary L. Krismer: Jillayne emailed me the letter regarding the excise tax issue. I’ve only spent about 10 minutes on this, but here are my initial impressions:...
    • Kary L. Krismer: Actually, cram-down means forcing a plan on a dissenting group of creditors. In practice though it’s come to mean what Jillayne indicated....
    • ARDELL: Any news on not taxing people on the shortfall?
  • Mother Nature Happens… (2)
    • Tim: Funny you post this. Lynlee just grabbed my daughter and headed out the door to head down to the Snohomish bridge in downtown Snohomish to check out the river....
    • Kary L. Krismer: We had a reappraisal last year (I think) on some property on 10th Ave at the north end of Broadway in Seattle. Not anywhere near a river. The one...
  • Top 10 Reasons NOW is the time to buy (43)
    • ARDELL: That’s a little steep. Maybe buy an FHA down to the conventional rate and the conventional rate down to 4.5%?
    • Rhonda Porter: Ardell, ballpark–around 2.75% points based on a quick glance on some rate sheets from this afternoon. (Tomorrow morning, when markets reopen, this...
  • It’s Official: New Conventional Guidelines for Ordering Appraisals (3)
    • leanne finlay: This sounds like a big, expensive, backwards step to me. I think lenders do want assurance that the appraiser is qualified, and having a clearing house...
  • Start 2009 by recognizing the unrecognized (11)
    • Jillayne Schlicke: by doing lots of research on the L.O. before selecting them. Just a simple friends/family blind referral isn’t good enough because the...

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Tag: real-estate

Our New Responsible Mortgage Lending law

Just when you thought you had seen the most stupid law from our legislature regarding real estate omitting common sense, here comes another! House Bill 2770 aims to make what was a federal offense a state class-B felony. While it is aimed at mortgage brokers, it has wide sweeping implications to real estate agents, buyers, [...]

Join us for a Rain City conversation on Tuesday afternoon!

I’ve been having such a blast with the 4realz Roundtable conversations, that I’m going to bring the conversation to Rain City Guide!
The idea: this Tuesday at 4pm, I’m going to host a conversation with the Rain City Guide community. There are many ways to join the conversation and all of them are easy. All [...]

Welcome NYT’s readers!

I had a wonderful conversation with Stephanie Rosenbloom a few days ago and was thrilled to help her out with her story about using social networks (and Facebook in particular) for business purposes.
In the story, she mentioned my internet marketing seminars for real estate professionals as well as the associated Facebook group for 4RealzEd.
And while [...]

I Dig Dueling Digs

Zillow, which seems to produce new features almost daily, has birthed something totally unique. As a member of Zillow’s board of directors, I usually get previews into what’s coming through the pipeline, but with this release, I hadn’t seen too many of the details.
Dueling Digs is like nothing I’ve ever seen on a real [...]

A while back I spelled Seatttle with…

three “t’s” on the sidepanel and was surprised just how much traffic it brought. Because I was more concerned with being professional than traffic, I fixed the type, but Mary just reminded me of the effectiveness of the error, so I thought I’d try it out again!
And if [...]

This week according to 4realz…

I can tell from the comments that many regular readers of RCG have been checking out the what I’ve been doing on 4realz.net. It’s been fun to try out something a bit different as I do my best to summarize the news and gossip of the real estate technology and RE.net communities.
However, [...]

A lesson in the dangers of distressed property purchases…

A friend of mine contacted me the other day about a property investment opportunity that her brother-in-law (BIL) was placing in front of her and her husband. The property in question is located in the city and state where the BIL lives - and it’s far from the Seattle area at roughly halfway across [...]

Wow! What a ride!

About an hour ago I walked out of Move’s offices for the last time as an employee. For those of you who’ve been around RCG for a while, you’ll remember that I took a position as Director of Consumer Innovations at Move with great enthusiasm back in April of 2006. Taking the [...]

The Sky is Falling! The Sky is Falling!

Where have we heard that before? I thought I would share with you some historical comments in the media made about real estate by financial “experts”:

“The price of houses seems to have reached a plateau, and there is reasonable expectancy that prices will decline.” (Time Magazine, December 1, 1947)
“Houses cost too much for the mass [...]

My inspiration for this week: Hamoody

Life in real estate. Good days, bad days, good weeks, bad weeks. When things get a little bit crazy, what picks you up? A few weeks ago I mentioned that inspiration is everywhere, if you let it in your world.
My inspriation was someone who I read about, but today, I got to [...]