Jason Hershey

According to CBA information, there have been 3 commercial property sales in the Everett market area (CBA area 310) since June 1 of this year.

As comparison, during the same period last year 18 properties sold. Additionally, as a general rule, the value of each sale is far lower than in the previous year.

From the beginning of 2009 until June 1, there were 9 commercial property sales in the area.

Here is the list of properties sold since June:

Class Description:

This class will teach you will learn how lenders, especially mortgage lenders, look at your credit. You will learn the Do's and Don'ts on credit issues. We will teach you methods for building credit when you have none, the things you can do to raise you credit score (and the things that will lower your score), and how to dispute inaccurate information when it appears on your credit report.

Class is taught by an experienced/licensed mortgage broker, Jeff Nance of Golf Savings Bank.

Location:
PPMS: Park Place Middle School
1408 West Main Street
Room C-7
November 3, 2009
6:30-8:30 PM

Class schedule and registration info:
http://www.monroe.wednet.edu/COMMUNITY_SCHOOLS/Fall2009CommunitySchools.pdf

Class Description:

This course is designed for those who are interested in learning more about the reverse mortgage program. Included in the course is a history of reverse mortgages and how they have evolved. The class will concentrate on the HECM (Home Equity Conversion Mortgage) program insured by HUD/FHA. We will answer questions such as; "What is a reverse mortgage and how does it work?" "How does one qualify for a reverse mortgage?" "What are some common uses?" "What are the costs involved?" "How are funds disbursed?" "How is the borrower protected?" "Can I purchase a home with a reverse mortgage?" "What are the 19 questions anyone interested in a reverse mortgage should know the answers to?" We will also cover common misconceptions and demographic data specific to an aging population.

Class is taught by an experienced/licensed mortgage broker, Jeff Nance of Golf Savings Bank.

Location:
PPMS: Park Place Middle School
1408 West Main Street
Room C-7
October 27, 2009
6:30-8:30 PM

Class schedule and registration info:
http://www.monroe.wednet.edu/COMMUNITY_SCHOOLS/Fall2009CommunitySchools.pdf

Class Description:
It's a buyers' real estate market, and that is good for potential and current investors. In the first half of the class we'll talk about how to identify a good investment property, how to negotiate, and how to finance the property. We'll also cover investing in distressed and foreclosed properties. In the second half of the class we will go over ways to make sure your investment is truly successful. The instructors will help you identify ways to find and keep good tenants, and how to make sure you follow your legal and ethical obligations as a landlord. We will also talk about what to do when your landlord/tenant relationship doesn't work out, and how to avoid the pitfalls in the eviction process.

Location:
PPMS: Park Place Middle School
1408 West Main Street
Room C-7
November 17, 2009
6:30-8:30 PM

Class schedule and registration info:
http://www.monroe.wednet.edu/COMMUNITY_SCHOOLS/Fall2009CommunitySchools.pdf

Class Description:
This class will teach you how to buy and profit from purchasing short-sale and foreclosed properties. In this case, we'll go over foreclosure process in Washington State and the opportunities and pitfalls of buying properties at various stages in the process. We'll also explain what short-sales are and how they differ from foreclosures. You will learn on how to find foreclosed and short-sale properties and how to work with your real estate agent and how to negotiate with the bank. We will also cover financing options. Although this class is designed for First Time Home Buyers, the techniques will also benefit new and seasoned investors.

Location:
PPMS: Park Place Middle School
1408 West Main Street
Room C-7
October 20, 2009
6:30-8:30 PM

Class schedule and registration info:
http://www.monroe.wednet.edu/COMMUNITY_SCHOOLS/Fall2009CommunitySchools.pdf