Category: foreclosure

Open House with Team Reba

Episode #173 – How Real Estate has Adapted During COVID-19

On this week’s episode of “Open House with Team Reba”, we discuss how the real estate and mortgage industries have adapted during the current crisis. We went from being shut down completely for a week to being considered “limited essential”, so if you’re still looking to buy or sell and...

Team Reba gets interviewed on 1300 Business Radio KKOL show, Sound Advice! 0

Team Reba gets interviewed on 1300 Business Radio KKOL show, Sound Advice!

Here at Team Reba we’re always talking about real estate education and recently we were asked to participate on the show Sound Business.  Here is the full interview in the 3 segments used for the show. In the interview, we discuss why Reba Haas went into real estate and the...

Bank of America about to start using Auctions.com to promote short sales in 2013 0

Bank of America about to start using Auctions.com to promote short sales in 2013

Sat in on a CDPE call regarding Bank of America and updates to their short sale process, including the use of www.Auctions.com and improvements in the cooperative short sale process. Good info as we’re about to take on a listing that was originally going to fit into this except they...

Support for extending the Mortgage Debt Relief Act for underwater homeowners… 0

Support for extending the Mortgage Debt Relief Act for underwater homeowners…

I receive the daily DS News newsletter emails, and I find almost daily something that I’m interested in reading and that does affect my clients, prospects and friends/family. In today’s newsletter there is an article discussing the Mortgage Debt Relief Act (MDRA) which was enacted in 2007, a little item...

Fantastic news!!! Fannie Mae and Freddie Mac are FINALLY going to shorten their short sale process review! 0

Fantastic news!!! Fannie Mae and Freddie Mac are FINALLY going to shorten their short sale process review!

More good news for distressed homeowners who may need to do a short sale can be found at this link. Timelines for those with mortgages held by Fannie and Freddie will get faster answers with a requirement of 30 to 60 days turnaround. If a short sale is countered by...

HAFA has some silver lining changes for underwater homeowners! 0

HAFA has some silver lining changes for underwater homeowners!

The following content comes from membership with the Certified Distressed Property Expert designation, run by Alex Charfen. It’s some really good news for homeowners who are struggling with house payments but who have kept current despite being heavily underwater in value, preventing a refinance. Major Changes Announced for HAFA Posted:...

Are distressed properties really going down in number in WA State? 0

Are distressed properties really going down in number in WA State?

I’m not sure I agree 100% with their assessment of WA State in this DS News article which says Washington State is going down in the number of foreclosure auctions. Just because lenders have slowed down their foreclosure auction rate here, doesn’t mean we don’t still have a backlog of...

Team Reba’s No Fluff level 1 home buying class in Seattle, January 21st 10am-12pm! 1

Team Reba’s No Fluff level 1 home buying class in Seattle, January 21st 10am-12pm!

Cancelled due to weather….No Fluff Savvy Home Buying – Level I January 21st, 2012 01/21/2012 10:00 am – 12:00 pm RE/MAX Metro Realty office at 2312 Eastlake Ave E, Seattle WA 98102 RSVP to Classes@TeamReba.com by 01/19/2011 If you’ve been wondering what the state of the real estate market is...

Team Reba REO Squad coming to local neighborhoods soon 0

Team Reba REO Squad coming to local neighborhoods soon

A new relationship we’ve built with a lender will have Team Reba hosting open houses for REO sales. These are bank owned homes, meaning that a foreclosure has been completed and the bank is selling the “real estate owned” asset on their balance sheet. We’ll be posting our open houses...