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  • Government Intervention in Foreclosure (41)
    • Rhonda Porter: Kary, re. 37: I believe DOR has stated at a recent Escrow Assoc. meeting that excise tax is due on the loan amount when dealing with a short...
    • Rhonda Porter: I couldn’t agree with Gene’s comment more: “This is NOT a case where there was a natural disaster. This is mostly a case of a rampant...
    • Kary L. Krismer: I’ve been thinking about this excise tax thing further, from a theoretical point of view, rather than just looking at the language of statutes...
    • 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,...
  • It’s Official: New Conventional Guidelines for Ordering Appraisals (7)
    • Rhonda Porter: Kary, this was caused by Cuomo investigating WaMU for strong-arming appraisers to meet certain values and then blacklisting them if they did not. This...
    • Kary L. Krismer: What it’s designed to do is stop the practice of a mortgage broker calling up two appraisers, asking them for initial values prior to selecting...
    • Rhonda Porter: For the next few days or weeks (depending on who I working with as the ultimate lender) I can still select the appraiser whom I’ve worked with for...
    • Rhonda Porter: Leanne, I don’t think this was created to protect the lender at all. If anything, it’s to protect the appraiser from the lender. Although I...
  • Mother Nature Happens… (4)
    • Kary L. Krismer: Which again is another reason to have a clause providing for an automatic extension if the transaction doesn’t close due to a reason not the...
    • Rhonda Porter: Last night watching the news, it reminded me of the earthquake we had a few years back during a busy time in the market. It didn’t matter if...

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Tag: round-up

Neighborhood Round-up: Things are Heating Up

Hello everyone! Sorry I have missed doing the neighborhood round-up these past 2 weeks…I was unavoidably pre-occupied with other matters…so here we go to catch up. There’s been a whole lot happening in the hot and sunny Seattle neighborhoods recently!
Summers’ heat has begun to show its’ effects recently; there have been consequences and in Alki Stephanie [...]

Posted: July 11th, 2007 under General Real Estate.
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Comments: none