Recent content by Celticwalker

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    Mortgage After Dil In Washington State

    Yup. That was me Erik! Gregg Here.
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    Mortgage After Dil In Washington State

    Thanks again Erik! Look for a call mid-November!
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    Mortgage After Dil In Washington State

    It makes it much easier to understand! Given that we would like to start looking for our house as soon as the seasoning on the foreclosure is complete, should I look to contact you to look into starting the process and pre-approval for a 30yr fixed FHA loan mid-November? I don't want to jump...
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    Mortgage After Dil In Washington State

    I called HUD, and both myself and my other half are not in CAIVRS for anything being paid out by HUD to the bank according to them - so good news right? I hope that you'll have a better time figuring out if FHA is going to use the document date recorded on the King County Assessor's site of...
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    Mortgage After Dil In Washington State

    Thanks tons Erik. It's getting close for us to start the process, and any assistance or guidance is appreciated!
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    Mortgage After Dil In Washington State

    Some updates. Apparently it was not a DIL. It was a Deed of Trust Sale. So...there's that. However, it was an FHA backed mortgage. Upon going to the King County Assessor's site, I found where BoA sold the house back to HUD to cover the insurance. The date on the document, and on the King...
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    Mortgage After Dil In Washington State

    Thanks Erik! I'll probably be reaching out to you the closer we get to the time to start looking in earnest.
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    Mortgage After Dil In Washington State

    I'm looking to purchase my next house. With a DIL foreclosure - which appears to have concluded on December 6th of 2014 (the county records are difficult to translate to be sure), and plans on relocating to the other side of the state, I'm needing to make sure that all of my ducks are in a row...
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    Notice of default-Washington State

    So, we just received our NOD this last week after not paying for over a year. We are not anticipating cash for keys for the property and have an eye on a GREAT rental property. Is there any reason why we should be worried about moving out before the sell date? Honestly, I don't care if they...
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    My Strategic Default in Olympia Washington (1st BOA, 2nd Green Tree)

    Heya Strategic. We started our walk back in March as well...and I was honestly getting a bit concerned that BoA hadn't been more aggressive in contacting us our pursuing the foreclosure procedures. It sounds like you and I are in the same boat with communications, socking away savings and...
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    Do Non-Recourse Loans Even Need The Mortgage Debt Relief Act?

    Quick question...or perhaps clarification. I've read in the state of Washington that if a bank chooses to go the non-recourse route, then any difference in the mortgage isn't considered forgiven debt...and thus not taxable income. I honestly don't remember where on this site I'd read that, but...
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    Some clarification if someone could...WA question. Began the walk 4/1

    Right. It would be found on The Note section of the mortgage...however I couldn't find anything that specifically said if it was a recourse or non-recourse loan on The Note. I was mentioning the Deed of Trust to clarify that I did have the Right of Sale clause in that particular document...
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    Some clarification if someone could...WA question. Began the walk 4/1

    So, I've been trying to figure out some things about my mortgage. I discovered the Right of Sale clause in my DoT, but I was having a heck of a time figuring out if it was recourse or non-recourse. I looked through the note in the mortgage papers and couldn't find anything specific. Is there...
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    Feb / Mar 2012 Walkers

    So, something has been troubling me of late. Have any of you who've taken the walk had issues finding a house to rent because of the hit your credit rating takes with the foreclosure? I'd love to stay in the house as long as possible and squirrel away the money I'd been paying for mortgage for...