RECENT BLOG POSTS
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I came across an enlightening article about the not-so-forthcoming and legal business of title insurance. This comes from Kenneth Harney's column from the Seattle Times May 7, 2006. Folks find themselves paying $1,000-2000 in premiums when payouts amount to a mere 5% of premiums. Most premium ...
05/29/2008
It's about time again for the monthly all-you-can-eat Swedish pancake breakfast at the Sons of Norway Hall in Bellingham. It takes place this coming Saturday, May 17, from 8-11 am. For $6, you get an initial plate of ham, eggs, 2 pancakes with lingonberries & whipped cream, and an orange slice,...
05/13/2008
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Hip, revitalized neighborhoods and areas are certainly a beautiful thing. This movement is such the case throughout nearly all of Seattle's core. However, with this often a shoot-up in prices and after awhile, a significant number of area earners can no longer afford to remain in their own neig...
05/12/2008
An intensified criminal investigation into the mortgage industry will proceed by Federal authorities. They wish to find more information about the no money down, stated/no income, stated/no assets loans that ran amok and landed the country in the mess we're seeing in a big way. This information...
05/05/2008
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Foreclosure filings in Washington are up 62% for the first quarter of 2008 compared to the same time frame a year ago. Right now, one in every 407 homeowners are at risk of losing their property. I found this article in The Seattle Times from April 29. The Seattle/Bellevue/Everett metro area...
05/05/2008
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Kenneth Harney's column this week addresses lenders, insurers, and mortgage-investment firms designating entire areas and ZIP codes as "declining markets." (Seattle Times April 27, 2008) The big question is whether this will delay or prevent a market recovery or affect minority and marginal bor...
04/29/2008
Wow. I just read this LA Times link via http://ml-implode.com/ that foreclosures in California are up 327% from 2007 levels and actually had a laugh-out-loud moment! Goodness gracious, it's almost comical how extensive the problem has become. 500 homes are lost to foreclosure per day on averag...
04/22/2008
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A recent Associated Press-AOL Money & Finance poll (conducted March 24-April 3) confirms that many US residents are still hanging out , sitting on the fence with regard to the real estate market. Come on folks! Get your finances in order and don't be so disinclined to join in. 59% know the tim...
04/17/2008
It's about time again for the monthly all-you-can-eat Swedish pancake breakfast at the Sons of Norway Hall in Bellingham. It takes place this coming Saturday, April 19, from 8-11 am. For $6, you get an initial plate of ham, eggs, 2 pancakes with lingonberries & whipped cream, and an orange slic...
04/16/2008
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Banks and other lenders have certainly tightened things up in the past year. Included are home equity lines of credit available. With many real estate markets facing a declining or stable-at-best situation, lenders are almost unwilling to market HELOCs, deemed too risky. Unfortunately, prime b...
04/14/2008