To find out what your options are call NOW 360-739-6981
or email: michael@bellinghamproperty.com
The Bellingham Real Estate Guy
Let Michael be your "Eyes on Bellingham Real Estate"
To find out what your options are call NOW 360-739-6981
or email: michael@bellinghamproperty.com
Here’s an interesting look at the Whatcom County Real Estate Market.
I just took a course learning about HAFA Short Sales and it got me curious about these “distressed properties” and how much of the market they made up. Here are some interesting charts showing the relationship of Foreclosures and Short Sales here in Bellingham and Whatcom County.
While some parts of the country more than half the market are “distressed properties,” we are pretty lucky, overall the numbers here are relatively low.
Looks like Sudden Valley is your best bet for finding one of these “distressed properties right now.
If you have any other questions or want to see any Bellingham Real Estate feel free to email me at or give me a call at 360-739-6981
In an attempt to help people who owe more on their homes than they can sell for the U.S. government is making an effort to help homeowners who find themselves in a financial situation where they can no longer afford to pay their mortgages. The Government has initiated a program called HAFA, or Home Affordable Foreclosure Alternative.
Basically it’s a program that will allow people who are behind in their payments and meet certain qualifications to sell their home through a pre-approved short sale. There are several benefits to this program over traditional short sale, if you and your loan qualify it would be well worth the time to find out more.
Here are some of the advantages of a HAFA short sale.
Not all loans are eligible for this program, and in the sale has to be within certain investor guidelines in some cases.
If you know of anyone who is behind on their mortgage payments and might need help or think might be interested in this program, please have them give me a call at 360-739-6981.
If you have any other questions or want to see any Bellingham Real Estate feel free to email me at or give me a call at 360-739-6981