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I get asked all the time about if the IRS will send the home owner a tax bill for the money written off from a Short Sale. I am not an accountant, but I can share the link to the Document that will allow you to Inform yourself… Knowledge is Power… So here is a […]
July 2011 Foreclosure Rate Heat Map Foreclosure Activity and Home Price Index – King county, WA Average Sales Price – King county, WA
This is to update all my follower’s on the current hot spots for foreclosure’s here in the Seattle area. Again making it evident that the South Seattle Area being the most abundant in foreclosure saturation. So be extra cautious when considering investing in those areas. No need to throw more rocks on the rock pile.
The distressed real estate transactions are never fun. they are often ridiculously difficult, and most often than not they never come to fruition (check statistics). Nova says “there’s no situation he cannot navigate”, and that’s no lie; he is a true master of getting the deal done. We just came out of a transaction that […]
Let us start off with a few knowns, so everyone has a foundation of relationship to the foreclosure situation here in the Seattle area. There are roughly 134,000 households in the city limits of Seattle. Year to Date there have been 3399 foreclosure filings (2.5% of the total population has had a foreclosure filing). Remember […]
In February there were 309 properties in king County that made it to auction. There were a total of 342 REO properties that reverted back into bank ownership. There are 563,000 house holds in King County. So the total percent of homes in King County that are owned buy a Bank in February is 0.0006% […]
Continually on media outlets that the economy is sluggish, unemployment close to double digits, bailout nation, and what ever fear the media can drum up to keep you watching. I die laughing at how outrageous some of the terminology is. If you watch network news you could think on any given day the world was […]
http://www.foreclosurepulse.com/blogs/mainblog/archive/2008/05/27/Local-Market-Perspective-Seattle-Wash.aspx#948702 New Article from Foreclosure Pulse about my prospective on the foreclosure market here in the Seattle Area.