Jim Perry's (perry8594) Blog

Hi all. Anyone seen this paper coming from the Treasury Department?  Does anyone know is this is really for real or is this a bill that has no chance of making it. I have read through the document from Government Affairs and I think that adding incentives, much like cash for keys, which should he...

It is so important when going to a potential short sale listing appointment that you are prepared to ask the right questions to make sure that you do have a hardship.  This will save you and your client a lot of time, money, and frustration. In my experience, I have found that when going to one o...

Found this article on www.wsj.com and thought the findings were interesting; although in the state of WA negative equity is not a "hardship" for a short sale, many other things are most of these situations are in a negative equity position. http://online.wsj.com/article/SB124657539489189043.html#...

I just had lunch today with Rick Bulman who is the author of "Unmasking the Mortgage Madness" which is a really good resource that you can either give to your "first time" home buyers as a gift or you can loan it to them and have them read a couple selected chapters.  It does truly expose predato...

There is an old saying, "the law is for the lawless".  Many people in Washington state facing foreclosure will benefit from this new law (especially families where there are children involved and new schools have to be found sometimes) but for those who exploit the system, it puts more sand in th...

Back in the early 90s my wife and I started buying homes, fixing them up, and selling them for a profit.  We were definitely not the first ones out there doing this type of thing, but we were doing it before "Flip this House" was on TV!  I was working in the Computer Resale world at the time and ...

Just signed a brand new listing in downtown Tacoma; 1836 square foot townhome with views of Foss waterway and Mount Rainier; $347,950.00! If I were single or married without kids I would love to live down here now; I remember back in the early 90s and driving down the 21st hill and seeing Mount R...

I have been reading some blogs recently about listing agents who are taking on short sales and having no idea what they are doing; I have found a few questions that could help you ascertain where you are in the sale when your buyers want the house that the listing agent on the transaction has no ...