Latest Blog Posts for Seattle Short Sale Blog

• House Prices Have Peaked. Why “Wait Out” The Market?
  on Oct 23, 2013 in Short Sales
  Would it surprise you that house values actually depreciated in Snohomish County last month? A common story we hear is people decide to remain in their properties when their house expenses are above a third of their income (not recommended by most fi...
• Making Your House A Rental Versus A Short Sale? 8 Reasons Why You Shouldn’t
  on Apr 29, 2013 in Short Sales
  Many homeowners opt to make their underwater house a rental property. The typical thought process is holding the property until the housing market turns around thus enabling the house to be a normal sale. Is this a viable alternative to foreclosure o...
• Are You A Boomerang Buyer Yet?
  on Apr 26, 2013 in Foreclosures Short Sales
  What are boomerang buyers? Boomerang buyers are in reference to homeowners whose homes were foreclosed or short sold in the past, and are now in the market again to buy. Are you a boomerang buyer yet?The concept of the boomerang buyer is exactly what...
• Has Your Home Come Out From Underwater Yet? Let’s Find Out!
  on Apr 15, 2013 in Foreclosures Short Sales
  Home prices are on the rise. We are seeing over 10 percent annual gains on home values. Though that rate may be unsustainable, we may find if your home has come out from underwater or how long it will take you to break even and be able to finally wal...
• Do Loan Modifications Actually Work?
  on Apr 8, 2013 in Loan Modifications
  Loan modifications are a popular option most homeowners turn to when they are struggling with mortgage payments. It isn’t a secret however that it hasn’t worked as well as we hoped. The idea of “modifying” your current loan to create a more a...
• Are YOU Motivated Enough To Complete A Short Sale?
  on Mar 25, 2013 in Short Sales
  Short sales are notorious for their duration to close. It was only years ago when we saw short sales take sometimes up to 2 years to close, causing insurmountable stress to all parties, especially to the seller. So why do short sales take so long? On...
• Choose Your Option: Short Sale vs Loan Mod vs Refinance
  on Mar 18, 2013 in Credit Foreclosures Loan Modifications Short Sales
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• Can Errors On Your Credit Report Stop You From Obtaining Another Mortgage?
  on Mar 11, 2013 in Credit
  Years ago, obtaining a loan was easier. It would be a face to face affair and they would consider several variables in determining whether you qualify for the loan. Nowadays, it is strictly based off numbers, most importantly, your three digit number...
• The Big Home Price Scare And Why You Should Short Sell Now
  on Mar 4, 2013 in Foreclosures Short Sales
  In my previous blog post, I estimated that in 2014, home prices were expected to rebound. 2012 however surprised all of us with sharp price increases. What is causing this price increase? A number of factors may play into it but one of the main varia...
• Should You Short Sale Your Home Now Or Wait?
  on Feb 25, 2013 in Credit Foreclosures Short Sales
  By now, you should have heard that the real estate market is picking back up. Low interest rates and low inventory are spiking the average home price here in Washington State. Homeowners are now deciding on their options of either letting go of their...

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