Successful Clothing Drive for Homeless Shelters Chris Weitzel and Sheila Walls, both Realtors with RE/MAX Whatcom County, collected over 200 garbage sized bags of donated clothing for the Lighthouse Mission and Agape Home as a result of their Holiday Clothing Drive. Items included new and gently used clothing along with everyday essentials such as socks, undergarments, and diapers to support local men, women, and children in Whatcom County. Weitzel and Walls started to organize the clothing drive in late November and soon set out to find other parties that would be interested in supporting their cause. “The response and generosity of our friends, clients, and community has been truly inspiring,” said Weitzel. The clothing drive ran through January 31st, 2011. 
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 Easter Coloring Contest 2009 Sierra Bahr won a $50 gift certificate for school supplies and/or toys compliments of Chris Weitzel & Associates for her exceptional coloring skills in the 2009 Easter Coloring Contest which took place at Sudden Valley Recreation Center during the holiday festivities. Photo on the left shows Sierra Bahr (contest winner) on the left, Chris Weitzel (contest sponsor) in the center, and Rob Rood (Sudden Valley Recreation Coordinator) on the right. For more information on Sudden Valley and it’s community events, visit www.SuddenValley.com. 
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 Children's Miracle Netwrok Children's Miracle Network and RE/MAX are joined by their desire to provide local community hospitals with modern tools and information. Founded in 1983, Children's Miracle Network generates health care funds and awareness programs to benefit children. The nonprofit organization's 170 participating hospitals across North America help 17 million children annually. Since 2001, Chris Weitzel has been a contributor to The Miracle Home® Program, donating a portion of each transaction to the Children's Miracle Network. For more information on the Children's Miracle Network and how you can help, please visit www.childrensmiraclenetwork.org. 
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Lighthouse Mission Ministries Helping the homeless in Bellingham and Whatcom county since 1923, Lighthouse Mission Ministries is a privately operated, non-denominational Christian ministry that has been open 24 hours a day since it first opened. It is Bellingham and Whatcom County’s only walk-in crisis homeless shelter for men, women and children. Chris is a huge supporter of Lighthouse Mission Ministries and often donates to their cause. For more information on the Lighthouse Mission Ministries and how you can help, please visit www.TheGighthouseMission.org.
If you have any questions about the above organizations or would like to get involved in the Sudden Valley, Bellingham, or Whatcom County community, please contact us at (360)312-5151 or by using the form below. 
Short Sales >1. What Is a Short Sale?
A short sale is discussed if the home owner is facing financial hardship and is therefore unable to make payments on the home loan. In the event that the bank or mortgage lender agrees to it, a short sale is an alternative solution when foreclosure is looming. “Short sale” literally translates to selling a piece of real estate just short of the remaining balance of the loan. Because the homeowner finds him or herself in a position where paying the loan just isn’t feasible, the lender will then discount the balance of the loan and the home owner will sell the property and forfeit all of the proceeds to the lender. By doing this, the lender concedes that selling the property at a loss is a better option than continuing to pursue the borrower.
There are four conditions of a short sale:
- The home’s market value is down. This means that the home is worth less than the remaining balance on the home loan. Another way to say this is by saying that the home is "underwater".
- The mortgage is in default or heading that way. A mortgage default occurs when the borrower stops making payments on the loan. At that point, the lender can seize the property from the borrower.
- The home owner encounters hardship like divorce, death or serious illness, unemployment, bankruptcy, etcetera. It is important to note that personal lifestyle choices that cause financial strain are not considered.
- The home owner has no assets. If the homeowner had assets, he or she could use these to make payments on the loan.
How do you know if you qualify for a short sale?
Whether or not a home seller can go through with a short sale ultimately depends on his or her bank or mortgage lender. They have to agree to the short sale process in order for it to come to pass. If the seller’s situation does not line up with the aforementioned four points, he or she may not qualify to sell their home on a short sale.
Any buyer can put an offer in on a home up for short sale so long as they are able to qualify for a loan. It is, however, up to the lender whether or not an offer will be accepted on the property.
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In what area of the United States did the price of existing homes increase most dramatically in 2005?
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Phoenix, Arizona real estate recorded a 55.2 percent increase in home prices during 2005. |
See More Real Estate Trivia > |
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Chris Weitzel & Associates RE/MAX Whatcom County 1937 Lake Whatcom Blvd Bellingham, WA 98229 Direct: (360) 312-5151 Toll Free: (888) 733-7518 Email: chrisweitzelandassoc@NUMBER1EXPERT.com
Chris Weitzel & Associates is the #1 Real Estate "Team" in Whatcom County and we have over a combined 65 years of experience. With a top listing agent, two buyer's agents, a marketing specialist and a transaction coordinator - we have all the professionals and tools to handle any real estate transaction.
We hope that you will choose Weitzel & Associates to represent you during your next real estate move in Whatcom County. 
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