Rain City Guide

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

• It’s Official: New Conventional Guidelines for Ordering Appraisals (8)
  • Kary L. Krismer: Yes, I’m aware of that. When Cuomo made the allegations I was surprised that it was WAMU he was going after, because it was always some mortgage...
  • 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...
• Government Intervention in Foreclosure (42)
  • Kary L. Krismer: Jillayne emailed me the letter that was the result of that representation at the meeting. That’s what I was working off of.
  • 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...
• 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...

• The Phoenix Real Estate Guy: I am not a Salesman
• A Wonderful Article about Changing Focus | Nick Bostic: Paradigm Shift
• Links Back to the Week That Was 1/4: at Rain City Guide, Ardell penned a post about balloon frame housing and the...
• RealCentralVA - And No End in Sight | Real Central VA: Four Years of Blogging
• Kenmore Undressed: Estately.com, Technology and the Future of Real Estate Services
• Real Central VA: Being selective
• The Notorious R.O.B.: Realtors vs. Lawyers: Social Media
• National Association of Mortgage Fiduciaries: DFI Speaks Out on Loan Modifications
• National Association of Mortgage Fiduciaries: Fee Splitting
• 4realz.net: The trouble with Marc’s approach to Twitter
• Buy or Sell Utah County Real Estate with Susan Jackson, CENTURY 21 Bushnell REALTOR®: Being Safe When Your Home is...
• Rain City Guide: Is the housing market performing “as expected”?
• 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