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All Forum Posts by: Hoa P.

Hoa P. has started 2 posts and replied 3 times.

Post: Buying short sale homes

Hoa P.Posted
  • Real Estate Investor
  • Seattle, WA
  • Posts 3
  • Votes 0

I'm in the same boat! I've been trying to learn about short sales over the past couple of weeks.  

I'm trying to find short sales and it actually seems quite difficult. I haven't had much luck with Redfin or Zillow, my city/country recorders, or an online search. It seems like the best thing to do might be to find an experienced agent and just get listings from them. I wish the Network>Real Estate Agents feature in BP had an option to filter for short sale experienced agents.  

Post: Income verification after HELOC approval

Hoa P.Posted
  • Real Estate Investor
  • Seattle, WA
  • Posts 3
  • Votes 0

Hi BPers! I'm interested in getting a HELOC to buy another property around Seattle. I know that I need to look around for banks / credit unions that offer this type of HELOC, but I'm concerned about income verification since I want to leave my job / switch jobs this year. After getting approved for a HELOC and finishing the income verification, will the bank/CU need to check my income later down the road? Do they verify income randomly during the life of the HELOC?

Post: Looking for Seattle/King County RE lawyer to look over my PSA

Hoa P.Posted
  • Real Estate Investor
  • Seattle, WA
  • Posts 3
  • Votes 0

I am purchasing a home directly from seller and have a draft PSA + Financing & Utilities addendums.