Paul Nelson's (paulenelson) Blog

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Real Estate Agent - Homes Northwest

ARCHIVED BLOG POSTS

2011 

A new bill to improve the process for approving short sales may soon bring relief to distressed homeowners who are unable to keep their homes and hope to avoid foreclosure. The bill, introduced in the U.S. House recently and strongly supported by the National Association of Realtors, would impos...
04/28/2011
What are the qualifications for a short sale? The main qualification for a short sale is a financial hardship. This can include: loss of employment, divorce, relocation or job transfer, major illness, expensive repairs without the resources to make them, increased bills or higher living expenses...
04/27/2011
Bank Of America Home Loan Assistance To Prevent Foreclosures–Homeowners Seeking Aid From Trial HAMP Plans   Bank of America home loan assistance plans available to help homeowners prevent foreclosures have, in the modification program, seen some issues when it comes to trial modifications, as th...
04/25/2011
Report Unveils Tactics of Loan Mod Scammers One in nine home owners are more than 90 days behind on their mortgage payments, which has prompted loan modification scams that promise to rescue home owners from foreclosure doom to skyrocket. Four fair housing organizations released findings this we...
04/25/2011
12237 96th Place KIRKLAND, WA Juanita Short Sale Fixer 4BR/1BA Single Family House $209,950 Year Built 1961 Sq Footage 1,710 Bedrooms 4 Bathrooms 1 full, 0 partial Floors Unspecified Parking Unspecified Lot Size 9,508 sqft HOA/Maint $0 per month DescriptionGreat Juanita fixer, 4 bedrooms 1 full ...
04/25/2011
8248 126th Ave NE #C-102 BELLEVUE, WA Minutes to freeway and located on bus line. 2BR/1BA Condo $130,050 Year Built 1985 Sq Footage 840 Bedrooms 2 Bathrooms 1 full, 0 partial Floors 1 Parking Unspecified Lot Size Unspecified HOA/Maint $305 per month DescriptionImmaculate Rose hill condo, minutes...
04/25/2011
Basics of a Short Sale     You’ve probably heard the term “short sale” by now—a short sale is the phrase used when homeowners are selling their home, but the list price or sale price is less than what is owed on the property. This can also be referred to as being “underwater” or “upside down” on...
04/22/2011
  No doubt, some housing markets were hit harder than others during the recession. As a result, the markets less banged up are poised to be the first to bounce back when the housing recovery takes off. “You have some markets where so many things have gone wrong; it’s very difficult for those mark...
04/21/2011
11827 SE 276th ST KENT, WA 3 bedroom with office and RV garage. 3BR/1+1BA Single Family House $139,000 Year Built 1962 Sq Footage 1,130 Bedrooms 3 Bathrooms 1 full, 1 partial Floors 1 Parking 3 Car garage Lot Size 9,760 sqft HOA/Maint $0 per month DescriptionGreat rambler with large drive throug...
04/19/2011
14200 NE 171st St Unit#: C105 WOODINVILLE, WA Reduced 2 bedroom 2 bath condo loaded with great community features. 2BR/2BA Condo $59,950 Year Built 1983 Sq Footage 874 Bedrooms 2 Bathrooms 2 full, 0 partial Floors 1 Parking Unspecified Lot Size Unspecified HOA/Maint $394 per month DescriptionChe...
04/19/2011
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