Let me tell you a story titled “Mortgage Home Invasion” I first heard of this tactic several months ago. A guy at the fitness club where I work out 24hr Fitness was telling me that his house was under water and they weren’t able to make the payment on a negative amortization loan. After trying [...] Read more
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Seattle Mortgage Settlement from Bank of America $8.5B
Everyone has heard about the lawsuit Bank of America has been in with investors regarding mortgage-backed securities seems the purchase of Country Wide cost them a bundle! (AP reported) Chris Kahn, AP Business Writer, On Wednesday June 29, 2011, 9:04 am EDT NEW YORK (AP) — Bank of America and its Countrywide unit will pay [...] Read more
Seattle Insight of the Day
This has to be by far the best insight I’ve read this year and it came on a day I really needed to see it. I hope you all feel the same “Blessings” TC “The happiness of life is made up of minute fractions – the little soon forgotten charities of a kiss, a [...] Read more
Seattle Insight of the Day
“It isn’t what you have, or who you are, or where you are, or what you are doing that makes you happy or unhappy. It is what you think about.” Dale Carnegie 1888-1955 Author of How to Win Friends and Influence ^the Cobbin Group & exprealty Seattle real estate Read more
Seattle Real Estate Sales Up
E$xisting-home sales rise 8.3% in Q1 According to the National Association of Realtors home sales. In the first quarter are up 8.3% compared to the fourth quarter of 2010. Sales remained nearly flat year-over-year, dipping 0.8 percent to a seasonally adjusted annual rate of 5.14 million. Also in the first quarter, sales prices fell 4.6 [...] Read more
Seattle Real Estate Tip
Rental Costs Are About to Takeoff – Reasons NOW Is a Great Time to Buy – By The KCM Crew We are often asked whether it is better to rent or buy in the current housing market. The answer to that question is: “It all depends.” There are certain situations where renting short term [...] Read more
