Mike Karsten's (mikekarsten) Blog

 Follow me on twitter:  http://twitter.com/mkarsten Stay plugged in to what is going on  with Real Estate. Understand the foreclosure process and what it means to you. Stay up on  investment REO and Short Sale Properties in Washington State. What do you do when you owe more than your house is wor...

New Listing    Listings as of 08/14/09 at 7:14pm Lot:  Unit #:  36915 5th Ave SW Federal Way 98023 See Additional Pictures Status Active Listing# 29117286 County King Beds 3 Baths 1.50 Fireplaces   List Price 197,000 Sold Price   Year Built 1967 Style 10-1 Story Bldg Type. Built On Lot Covd Prkg...

My team has been sweating it,  I knew it would close.  We had a last minute Judgment show up and last minute inspections blow a lock.   Two weeks ago I thought it was dead as our seller had disappeared.  He surfaced, we found his wife, they signed he moved and repairs were completed.  Then in the...

  HR 1728 may drastically affect how each of us does business, and could alter the landscape of seller financing forever.  Ignorance is bliss, but it can also cost you a lot of money.  Please read this e-mail, digest it, and ACT ON IT.  Thank you.  HR 1728 - What It Says and Why It Will Hurt Cons...

So your a regular Joe Real Estate Agent and you don't think this will change your business,  think again.  If this wipes out the Hard Money guys,  it will hurt your business.  Fewer buyers, fewer alternatives  and home prices continue their decline.  Once again, Congress has it wrong. Urgent - Se...

The Deadline of December 1st 2009, is fast approaching,  If you haven't owned a home for 3 years and want to buy,  BUY NOW.  When you consider the time it takes to close a home, the clock is ticking.  You have $8,000 on the line,  if you make the date, you get it,  if you don't you won't.  Pretty...

For any Agent workingin the Pre foreclosure field of Short Sales,  Below are some important Changes that you must be aware of:  http://www.leg.wa.gov/pub/BillInfo/2009-10/Pdf/Bill%20Reports/House/5810.E%20HBA%20JUDI%2009.pdf 1)  The sale may not take place less than 190 days from the date of defa...

The CLOCK is ticking.  If you haven't owned a home for three years, the time to buy is now.  The Government is giving you a Stimulus tax break (1st time homebuyer tax credit of $8,000) and will allow you to file an amended tax statement to get an immediate refund.  Further more, Washington State ...

Now for my rant,  everyone I know has been hit hard by this real estate and stock market collapse.  If you look around, almost everyone you know took some money out of their home and spent it,  no wonder the economy went crazy the last couple of years. There is no way government spending is going...

  With the glut of properties going into foreclosure and reverting to lender, Fannie Mae Realizes that Short Sales are the answer and it is to everyone's benefit to pay Realtors to solve this problem.   At RealMitigation.com, the loan servicers have been driving us crazy, loan servicers have been...