I received this question from a reader last week: We live in a rental house which has been in various phases of the foreclosure process for over 5 years (landlord died in 2007 after taking max cash-out refi’s on all 10 of his properties). Trustee sale dates for the house we are in have been…
Tag: reader_question
Reader Question: “Do You Recommend Doing Flips?”
I recently received the following question from a reader: Do you recommend doing flips in the Seattle metropolitan area? I did a flip in the San Francisco Bay Area (where I’m from) and made $59K profit. I’m thinking Seattle may also be a good market as well given Boeing and Microsoft as main employers attracting…
Reader Question: What’s the Deal With HARP 2.0?
I received the following email from a reader asking about the federal government’s Home Affordable Refinance Program (HARP) earlier this week: I have been looking into the HARP 2.0 program to refinance my home. I qualify according to program guidelines, but find it hard to shop interest rates and find lenders that deal honestly with…
Reader Question: Where did all the inventory go?
I received this question via email from a reader a few weeks ago: I’ve got to ask this because it seems nobody else is asking. We know that just 3-4 years ago there was a surplus of homes on the market. We also know that in the last 3-4 years home sales have remained relatively…
Reader Comment: Offers Appear to be Slowing Down
I received the following email from a reader who has been shopping for homes this spring in North Seattle: This is just a note from the open house circuit. Houses in North Seattle are on the market a little longer than a few weeks ago. They are taking 7-15 days to show ‘pending.’ A few…