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Chris Farkas

Whatcom County Housing News

07-08-09
Chris Farkas

According to 2009 New Geography, Bellingham is right after Lubbock, TX in terms of job growth for a small city and right before Cedar Rapids, Iowa.

Bellingham’s overall ranking in the  nation according to New Geography is 75th.

Also, Forbes rates top ten cities for job growth and employment. Among the top 10 is Seattle at 5.3% unemployment.

Chris Farkas


Please watch my new TV Show on YouTube
Check out my TalkRealty Podcast


EXIT Realty Associates
Email List Of Homes
Bank Owned Homes
Stop Foreclosure
FSBO Assistance



View Sample Market Report

 

 

Treasury Targets Housing Crisis

06-27-09
Chris Farkas

Getting banks and borrowers together!

That is the latest theme of the Treasury Department. We have have heard this many times before. Will this work? My guess is NO.

As a short sale agent I see these delays every single day. Closed files, clueless loss mitigators, and ruthless tactics on the part of banks.

The Federal government needs to step in a hold banks accountable for the egregious fraud they committed.

I would like to see a 30 day short sale approval or an automatic reversion to a low interest 30 year fixed rate loan. Banks would suddenly "find" the support necessary to stop foreclosures.

Chris Farkas

Please watch my new TV Show on YouTube
Check out my TalkRealty Podcast

EXIT Realty Associates
Email List Of Homes
Bank Owned Homes
Stop Foreclosure
FSBO Assistance

View Sample Market Report

Licensed Real Estate Assistant Wanted

06-26-09
Chris Farkas
Click to view listing website
Description and Features
Top producing agent team needs a sharp & dedicated assistant to handle all our listings and sales from the back office standpoint.

You will handle all our back office procedures with the assistance of the buyer/seller agents assigned to client as well as new clients that have appointments in our office.

Hard work and self motivation required. Excuse makers need not apply.
Location
Click to view map: 1419 Cornwall Avenue Bellingham WA 98225
Links

What happens if my bank owned closing gets delayed?

03-23-09
Chris Farkas

This one can be tough for the buyer. Unlike most resale purchases, the bank expects you to honor your agreement and close on or before the day agreed upon. I can tell you from experience there are many, many hiccups that can happen along the way but the bank doesn’t care, they want it closed per the agreement. So if your lender is slow to react and respond and doesn’t get the documents to closing on time for instance, there is usually a per diem charge in the contract that the bank will expect you to pay from the agreed upon date through the actual closing date, and this usually is non- negotiable unless it’s the banks own fault.

We recommend only lenders who are well versed in working with these kind of deadlines as well as lenders and repair companies who can accomplish what is needed in a timely fashion.

Chris Farkas is a Realtor with EXIT Realty Associates in beautiful Bellingham, WA
www.RealBellingham.com
www.SoundShortSale.com
www.WhatcomBankOwned.com
www.BellinghamMarketValue.com