The Greater Seattle residential real estate market is continuing to show strong sales through June, especially in the lower and medium price ranges as the tax credit boost works its way through the pipeline. The July data will tell the tale of what back to ‘normal’ looks like.
Posts Tagged ‘Redmond’
May ’10 – Reiling’s Real Estate Market Report – Greater Seattle / Bellevue / King County Area
The Greater Seattle residential real estate market is continuing to show strong sales through May, especially in the lower and medium price ranges as the tax credit boost works its way through the pipeline. The July data will tell the tale of what back to ‘normal’ looks like.
The Shape of the Eastside Residential Market
Ever so often someone asks me about the number of houses available in a particular price range. Typically it is not an idle question; it is more like the opening round in a discussion about what it would be like to try to sell their house right now. Depending on their price range, we often [...]
My Mortgage is Underwater. Now What Do I Do? . . . . . . . The Series Summary
An overview of the options available to someone whose mortgage is underwater – from sit-tight and loan modification through short sale, deed-in-lieu, and strategic default; or, finally, foreclosure.
My Mortgage is Underwater. Now What Do I Do? . . . Option 6 – Foreclosure
In the previous articles in this ‘My Mortgage is Underwater. Now What Do I Do?’ series, we discussed Option 1 – Sit Tight in the first article. Then we discussed some options you might pursue if you didn’t have the income or the savings to be able to continue to make your mortgage payment: Option 2 – Loan [...]
My Mortgage is Underwater. Now What Do I Do? . . . Option 5 – Strategic Default
In the previous articles we introduced this ‘Now What Do I Do?’ series, and discussed Option 1 – Sit Tight in the first article. Then we discussed some options you might pursue if you didn’t have the income or the savings to be able to continue to make your mortgage payment: Option 2 – Loan Modification, Option 3 [...]
My Mortgage is Underwater. Now What Do I Do? . . . Option 4 – Deed in Lieu of Foreclosure
In the previous articles we introduced this ‘Now What Do I Do?’ series, and discussed Option 1 – Sit Tight, Option 2 – Loan Modification, and Option 3 – Short Sale.
If you really can’t make your mortgage payment, not even reduced ones, and you’ve tried to do a short sale and it hasn’t worked, then maybe by [...]
April ’10 – Reiling’s Real Estate Market Report – Greater Seattle / Bellevue / King County Area
Real Estate Market Overview:
Our Greater Seattle residential real estate market is jumping! But perhaps just temporarily until the tax credits expire – they only apply to transactions signed by April 30 and closed by June 30. Then we’ll see if the economy has picked up enough to keep things going.
The number of Closed Sales [...]
My Mortgage is Underwater. Now What Do I Do? . . . Option 3 – Short Sale
In the previous articles we introduced this ‘Now What Do I Do?’ series, and discussed Option 1 – Sit Tight and Option 2 – Loan Modification.
Now what if you really can’t make your mortgage payment? Not even reduced ones. Lost your job or got injured…. Savings running out…. This is tough stuff. But a lot of people [...]
My Mortgage is Underwater. Now What Do I Do? . . . Option 2 – Loan Modification
In the previous article we introduced this ‘Now What Do I Do?’ series, and discussed Option 1 – Sit Tight. That works if you can still afford the mortgage. If you can’t, we need to go to Option 2 – Loan Modification.
Banks and other mortgage lenders may be willing to consider a loan modification if [...]