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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: resale

Trigger list finally get some much needed bad press

If you have not opted out of prescreened credit offers, and if you have your credit pulled for purposes of being prequalifed or preapproved for a mortgage; you will be receiving tons of attention from lenders you do not know.  
The credit bureaus resale your information without your knowledge or consent to whomever is willing to pay [...]

Triggering My Hot Spot

I have blogged about this before…it is really one of my “hot spots”.   This morning, not only did I receive an email from this company (oh, I mean SPAM) stating that this is information that I requested, which I did not, it is about something I am absolutely against: selling consumer’s information when they’ve had a credit report pulled [...]

Please review the Resale Certificate

My client and I reviewed the Resale Certificate and cancelled his purchase today.
When you buy a condo, or condo-townhome, you do not know everything there is to know before you make an offer.
After you are in escrow, after the contract is “signed around”, you get a resale certificate within ten days. I’m not [...]