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Author: S-Crow

"S-Crow" (Tim Kane) is co-owner (with spouse Lynlee, LPO-Designated escrow Officer) of Legacy Escrow Service, Inc., an authentic independent escrow firm closing residential purchase/sale and refinance transactions.

Real Estate Kickback Schemes Marches On

Posted on July 18, 2006 by S-Crow

Today, the U.S. Dept. of Housing and Urban Development (HUD) announced that it reached yet another settlement with a large national lender and two large builders for violating the Real Estate Settlement and Procedures Act (RESPA). One of RESPA’s functions is to protect consumers by prohibiting kickbacks in real estate that artificially increase the premiums…

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New Enonomy: selling each other houses

Posted on July 17, 2006 by S-Crow

Rich Toscano, author and founder of Piggington’s Almanac for the Landed Poor, was interviewed by the LA Times in today’s piece. He is quoted on page 2 of the article. “We’ve built an entire economy on selling each other homes.” – Rich Toscano Please read the rules before posting a comment. Seattle Bubble Tip Jar

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Pinpoint Stats: Snohomish Co.

Posted on July 15, 2006 by S-Crow

Snohomish Co. Residential sales only (only houses, no condo’s, no land)Source: NWMLS 2005:April 1283 (Median $283,250) May 1165 (Median $287,000) June 1473 (Median $295,000) 2006:April 1134 (Median $331,254) May 1133 (Median $339,950) June 1347 (Median $350,000) The rise in median prices are remarkable YOY & MOM and that’s with less sales and rising inventory in…

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Sweat Equity: money in the bank

Posted on July 14, 2006 by S-Crow

(May 2006 – that’s me removing old patio to prepare for above grade deck.) It’s Summer. Lot of projects are underway for many homeowners. For those considering homeownership, perhaps one of the strategies for buying a home is to consider a fixer. Sweat equity is one way to produce equity the old fashioned way. It…

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Housing Appreciation: the dirty little secret

Posted on July 12, 2006 by S-Crow

First, I’d like to thank Tim Ellis for inviting me to discuss housing and escrow topics on this blog as a guest. Being that many readers of this blog want to demystify home ownership and aspire to become homeowners in a meaningful way, my hope is that our collective experience (wife and I) will be…

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