If you do short sales for a living, you have to be patient and have a never-give-up attitude. Also, you have to celebrate the steps along the way. Here is a highlight from our office today, involving Litton Loan Servicing and getting them to do a second BPO. On May 16th, Washington Foreclosure As

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The federal government’s response to the foreclosure crisis has been to promote an organization made up of industry insiders, lenders, and investors called Hope Now. Hope Now is set to release a new set of guidelines to their member companies in the next couple of days. While a step in the

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Unfortunately, in Washington State, our homestead exemption does not apply to mortgages that are taken out on your home. The homestead exemption serves to protect the equity in your house when you file bankruptcy to deal with ‘unsecured’ debt like credit cards and medical bills. On th

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The federal government, for a large part, has stood by while millions of Americans fell into hard times with their mortgages. While a bailout was quickly arranged for one of the top financiers of the credit fiasco, the homeowners have been blamed by the administration for causing their own proble

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Practically everyone. Let’s examine things: The term “Distressed Home Consultant” went into effect in Washington State on June 12, 2008. It is part of the new “Distressed Properties Law” created during the 2008 Washington State Legislative Session and signed into law

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Finally, the Federal Housing Authority is coming to their senses. They have suspended a rule established in 2003 that prevented people from buying foreclosed homes with government-backed mortgages within 90 days of a recent sale. “A glut of foreclosed and abandoned homes harms neighborhoods

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