I received a few questions in the comments and via email last week about how to find bank-owned homes, so I thought I’d put together a little guide. For the purposes of this post, we’ll consider foreclosures in three stages: Pre-Foreclosure, Unlisted Bank-Owned, and On-Market Bank-Owned. Pre-Foreclosure A home in pre-foreclosure is one where the…
Author: The Tim
Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. Tim also hosts the weekly improv comedy sci-fi podcast Dispatches from the Multiverse.
Monday Open Thread (2010-08-23)
Here is your open thread for Monday August 23rd, 2010. You may post random links and off-topic discussions here. Also, if you have an idea or a topic you’d like to see covered in an article, please make it known. Be sure to also check out the forums, and get your word in the user-driven…
Poll: Renters Only: Why haven’t you bought a house?
This poll was active 08.22.2010 through 08.28.2010.
Weekly Twitter Digest (Link Roundup) for 2010-08-21
RT @jillayne: Yield Spread Premium for mortgage brokers goes away forever April 1, 2011. http://tinyurl.com/2d6hxaa # RT @KirstenGrind: #WaMu sale hasn’t actually closed, almost two years after #JPMorgan #039;s purchase via @alwynscott @PSBJ: http://bit.ly/dw4lIO # Even more sliminess from disgraced developer Mike Mastro – http://is.gd/elOyR # RT @urbnlivn: New Urbnlivn post: Olive 8 Auctioning 34…
Friday Flashback: Olive 8: “We’re going to wait this out.”
Today’s flashback comes from… just over a year ago. July 2009: Photo by Flickr user paperjam At Olive 8 in downtown Seattle, county records indicate only 28 of 229 units have closed. But David Thyer, president of developer R.C. Hedreen, said his firm has no plans to cut prices. “We’re not inclined to discount the…