Mike Karsten's REO and Short Sale Team
Selling Real Estate in todays troubled times. REO and Short Sale Experts!
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21405 102nd St E, Bonney Lake, WA 98391

Mike Karsten Short Sale Expert | Mountain View Properties | (253) 299-6733
21405 102nd St E, Bonney Lake, WA
Beautiful like new Rambler, Extra high ceilings giving a wide open classic feel. Gated community, by short sale expert
3BR/2BA Single Family House
offered at $154,950
Year Built 1996
Sq Footage 1,446
Bedrooms 3
Bathrooms 2 full, 0 partial
Floors 1
Parking Unspecified
Lot Size 7,966 sqft
HOA/Maint $0 per month

DESCRIPTION

Beautiful like new Rambler with Extra high ceilings giving a wide open classic feeling. Gated community walking distance to Safeway and bus routes. Newer floor coverings shows pride of ownership in this must see home. Short sale negotiated by Mike Karsten Short Sale expert

see additional photos below
PROPERTY FEATURES

- Central heat - Fireplace - High/Vaulted ceiling

ADDITIONAL PHOTOS


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Contact info:
Mike Karsten Short Sale Expert
Mountain View Properties
25764
(253) 299-6733
For sale by agent/broker

Equal Opportunity Housing
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Posted: Jan 26, 2012, 12:43pm PST

So you need to sell and must short sale your house, Now what?

So you need to short sale, what do you need to  know?

The first thing you need to do is ask yourself some questions. 

1)      Do you want to stay in your house?

2)      Can you afford to stay in your house?  What is your income vs. your expenses?  Tell yourself the truth, write it down.

3)       What are your options, ask yourself these questions.

    A)    Can you modify your Mortgage? 

    B.)    Will your bank modify your principal to the current market price?

    C)    Can you just give the keys to your lender and get out of your mortgage(s)?

    D)    Should you just walk away and let the house foreclose?

    E)     Where do you want to be in 5- 10 years after this mess of an economy has recovered?

    F)     What will  happen to your credit during this process. Is it possible to save your credit?  Will I be  able to buy another house?

   G)    Is it possible to stop the foreclosure?

 I offer on my website some self help links http://www.mikekarsten.com/Resources.html checkout the making homes affordable link.  If you have an income, you may be able to modify your mortgage and it will be the first thing your lender(s) will look at before doing a short sale.  My short sale company http://realmitigation.com/   has actually had lenders modify homes after the homeowners have moved out of their houses.

If you were to just mail in the keys to your lender, how does that benefit you?  Your lender is in no obligation to just take your house back and let you off the hook for the balance.  In today's market, they will most likely have losses and the outstanding mortgage will give them the right to go after you.  The question is what happens to the deficiency?

Sometimes a foreclosure is the best option for  you, but not always.  It really depends on your goals, how fast you want to recover and whether your lender will give you a full release on the amount owed on a short sale. In most cases a short sale will benefit you.  To get your questions answered Call Mike 253-299-6733 your short sale expert.

RealMitigation.com has successfully facilitated 1st, 2nd, 3rd mortgages, tax liens, judgments  and other real estate horrors.

Mike Karsten is not an accountant or an attorney and these writings are simply opinions. 

 

1120 Cliff Ave #304, Tacoma, WA 98402

Mike Karsten Short Sale Expert | Mountain View Properties | (253) 299-6733
1120 Cliff Ave, #304, Tacoma, WA
Located in the heart of downtown Tacoma.Remodeled loft condo in the historical brick bldg just walking distance to shopping,restaurants,college campus
1BR/1BA Condo
offered at $92,500
Year Built 1907
Sq Footage 623
Bedrooms 1
Bathrooms 1 full, 0 partial
Floors Unspecified
Parking None
Lot Size 10,000 sqft
HOA/Maint $220 per month

DESCRIPTION

Located in the heart of downtown Tacoma.Remodeled loft condo in the historical brick bldg just walking distance to shopping,restaurants,college campus & entertainment.Modern kitchen,newer appliances,fixtures,carpet,granite counter tops & w/d.Private storage space.Vaulted ceilings & soaring gallery wall.Master bedroom features French doors.Stunning view of Mt Rainier plus Marina & downtown. By Tacoma Short Sale Expert.

see additional photos below
PROPERTY FEATURES

- Granite countertop - Laundry area - inside - Balcony, Deck, or Patio

ADDITIONAL PHOTOS


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Contact info:
Mike Karsten Short Sale Expert
Mountain View Properties
25764
(253) 299-6733
For sale by agent/broker

Equal Opportunity Housing
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Posted: Dec 23, 2011, 2:31pm PST

29306 33rd Ave S, Auburn, WA 98001

<div style="color: #000000;"><font size="2" face="Arial,Verdana,sans-serif"><table width="100%" height="100%" border="0" align="center" cellpadding="10" cellspacing="0"> <tr> <td colspan="2" align="center" valign="top" background="http://www.postlets.com/css/styles/marina/bg_body.gif"><table width="740" border="0" cellspacing="0" cellpadding="0" align="center"> <tr> <td></td> <td height="20" align="right"> <div style="background-color: #AD8E6E; color: Linen; padding-left: 5px; padding-right: 5px; padding-top: 5px; padding-bottom: 5px;"><font size="2"><strong>Mike Karsten Short Sale Expert</strong> | Mountain View Properties | (253) 299-6733</font></div> </td> </tr> </table> <table width="740" border="0" cellspacing="0" cellpadding="0" align="center" style="border-left: 1px solid #E5D2BD; border-right: 1px solid #E5D2BD;"> <tr> <td> <table width="100%" border="0" cellspacing="0" cellpadding="0" align="center"> <tr> <td> <div style="background-color: #FAF2C9;"> <table width="100%" border="0" cellspacing="0" cellpadding="7"> <tr> <td colspan="2" background="http://www.postlets.com/css/colors/FAF2C9.gif">
<table width="100%" cellspacing="0" cellpadding="1"> <tr valign="top"> <td height="30" align="left" valign="top"><div style="color: #206591;"><font size="5">29306 33rd Ave S, Auburn, WA</font></div></td> </tr> <tr> <td width="560" align="left" valign="top"> <div style="color: #000000;">Great starter home with 50 year architectural comp roof. New Kitchen and bath Tile, this home shows pride of ownership with a new open concept kitchen</div></td> </tr> </table></td> </tr> <tr> <td colspan="2" valign="top" background="http://www.postlets.com/css/colors/FAF2C9.gif"> <table width="724" border="0" cellpadding="4" cellspacing="0" style="border-left: 1px solid #E5D2BD; border-right: 1px solid #E5D2BD; border-top: 1px solid #E5D2BD; border-bottom: 1px solid #E5D2BD;"> <tr> <td align="left" background="http://www.postlets.com/css/colors/FFFEFD.gif"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="350" height="35" valign="top"> <div style="color: #000000;"><font size="4">3BR/2BA Single Family House</font></div></td> <td valign="top"><span style="padding-right: 5px;"></span></td> <td align="right" valign="top"><div style="color: #000000;"><font size="4">offered at $169,950</font></div></td> </tr> <tr> <td valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="3" background="http://www.postlets.com/css/colors/FFFEFD.gif" style="border-top: 1px solid #E5D2BD;">  <tr> <td width="125" background="http://www.postlets.com/css/colors/FFFEFD.gif" style="border-bottom: 1px solid #E5D2BD; font-size: 12px; font-weight: bold; color: #AD8E6E;">Year Built</td> <td background="http://www.postlets.com/css/colors/FFFEFD.gif" style="border-bottom: 1px solid #E5D2BD; font-size: 12px; font-weight: normal; color: #000000;">1966 </td> </tr> <tr> <td background="http://www.postlets.com/css/colors/FFFEFD.gif" style="border-bottom: 1px solid #E5D2BD; font-size: 12px; font-weight: bold; color: #AD8E6E;">Sq Footage</td> <td background="http://www.postlets.com/css/colors/FFFEFD.gif" style="border-bottom: 1px solid #E5D2BD; font-size: 12px; font-weight: normal; color: #000000;">1,170 </td> </tr>  <tr> <td background="http://www.postlets.com/css/colors/FFFEFD.gif" style="border-bottom: 1px solid #E5D2BD; font-size: 12px; font-weight: bold; color: #AD8E6E;">Bedrooms</td> <td background="http://www.postlets.com/css/colors/FFFEFD.gif" style="border-bottom: 1px solid #E5D2BD; font-size: 12px; font-weight: normal; color: #000000;">3</td> </tr> <tr> <td background="http://www.postlets.com/css/colors/FFFEFD.gif" style="border-bottom: 1px solid #E5D2BD; font-size: 12px; font-weight: bold; color: #AD8E6E;">Bathrooms</td> <td background="http://www.postlets.com/css/colors/FFFEFD.gif" style="border-bottom: 1px solid #E5D2BD; font-size: 12px; font-weight: normal; color: #000000;">2 full, 0 partial </td> </tr>  <tr> <td background="http://www.postlets.com/css/colors/FFFEFD.gif" style="border-bottom: 1px solid #E5D2BD; font-size: 12px; font-weight: bold; color: #AD8E6E;">Floors</td> <td background="http://www.postlets.com/css/colors/FFFEFD.gif" style="border-bottom: 1px solid #E5D2BD; font-size: 12px; font-weight: normal; color: #000000;"> Unspecified </td> </tr> <tr> <td background="http://www.postlets.com/css/colors/FFFEFD.gif" style="border-bottom: 1px solid #E5D2BD; font-size: 12px; font-weight: bold; color: #AD8E6E;">Parking</td> <td background="http://www.postlets.com/css/colors/FFFEFD.gif" style="border-bottom: 1px solid #E5D2BD; font-size: 12px; font-weight: normal; color: #000000;"> Unspecified </td> </tr>  <tr> <td background="http://www.postlets.com/css/colors/FFFEFD.gif" style="border-bottom: 1px solid #E5D2BD; font-size: 12px; font-weight: bold; color: #AD8E6E;">Lot Size</td> <td background="http://www.postlets.com/css/colors/FFFEFD.gif" style="border-bottom: 1px solid #E5D2BD; font-size: 12px; font-weight: normal; color: #000000;">9,509 sqft </td> </tr>  <tr> <td background="http://www.postlets.com/css/colors/FFFEFD.gif" style="border-bottom: 1px solid #E5D2BD; font-size: 12px; font-weight: bold; color: #AD8E6E;">HOA/Maint</td> <td background="http://www.postlets.com/css/colors/FFFEFD.gif" style="border-bottom: 1px solid #E5D2BD; font-size: 12px; font-weight: normal; color: #000000;">$0 per month</td> </tr>  </table>  <br> <div style="color: #AD8E6E;"><span style="font-weight: bold;"> DESCRIPTION</span></div> <hr size="1" noshade style="border-top: 1px solid #E5D2BD;"> <table width="100%" border="0" cellspacing="0" cellpadding="3"> <tr> <td style="font-size: 13px; font-weight: normal; color: #000000;">Great starter home with 50 year architectural comp roof. New Kitchen and bath Tile, this home shows pride of ownership with a new open concept kitchen with eating space and beautiful arc's. Solid Maple kitchen cabinets new kitchen newer counters paint and more. This home shows extremely well and has original hardwoods under living room carpet. Easy Short Sale by Auburn's short sale expert</td> </tr> </table>  </td> <td valign="top" width="5"><span style="padding-right: 5px;"></span></td> <td valign="top"><table width="100%" border="0" cellpadding="8" cellspacing="0" background="http://www.postlets.com/css/colors/AD8E6E.gif" style="border-left: 1px solid #AD8E6E; border-right: 1px solid #AD8E6E; border-top: 1px solid #AD8E6E; border-bottom: 1px solid #AD8E6E;"> <tr> <td><img src="http://www.postlets.com/create/photos/20110917/131948_HPIM2683.JPG" border="1" width="350" height="262"><br>
</td> </tr> </table> </div> <table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td align="center"><table width="350" border="0" cellspacing="0" cellpadding="1"> <tr> <td height="25" align="center" style="font-size: 12px; font-weight: normal; color: #000000;">see additional photos below</td> </tr></table></td> </tr> </table> </td> </tr> </table> </td> </tr> </table> </td> </tr>  
<tr> <td colspan="2" valign="top" background="http://www.postlets.com/css/colors/FAF2C9.gif"><table width="724" border="0" cellpadding="4" cellspacing="0" style="border-left: 1px solid #E5D2BD; border-right: 1px solid #E5D2BD; border-top: 1px solid #E5D2BD; border-bottom: 1px solid #E5D2BD;"> <tr> <td align="left" background="http://www.postlets.com/css/colors/FFFEFD.gif"><table width="100%" border="0" cellspacing="0" cellpadding="0" align="center"> <tr align="center" valign="middle"> <td valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="3"><tr> <td valign="top" align="left"> <div style="color: #AD8E6E;"><span style="font-weight: bold;">ADDITIONAL PHOTOS </span></div> <hr size="1" noshade style="border-top: 1px solid #E5D2BD;"><table width="100%" border="0" cellspacing="0" cellpadding="0" align="center"><tr align="center" valign="top"><td height="262" style="font-size: 12px; font-weight: normal; color: #000000;"><div align="center" style="padding-left: 2px; padding-right: 2px; padding-top: 2px; padding-bottom: 2px;"><img src="http://www.postlets.com/create/photos/20110917/131948_HPIM2683.JPG" border="0" width="344"><br>Photo 1</div></td><td style="font-size: 12px; font-weight: normal; color: #000000;"><div align="center" style="padding-left: 2px; padding-right: 2px; padding-top: 2px; padding-bottom: 2px;"><img src="http://www.postlets.com/create/photos/20110917/132926_HPIM2714.JPG" border="0" width="344"><br>Photo 1</div><tr align="center" valign="top"><td height="262" style="font-size: 12px; font-weight: normal; color: #000000;"><div align="center" style="padding-left: 2px; padding-right: 2px; padding-top: 2px; padding-bottom: 2px;"><img src="http://www.postlets.com/create/photos/20110917/132926_HPIM2728.JPG" border="0" width="344"><br>Photo 2</div></td><td style="font-size: 12px; font-weight: normal; color: #000000;"><div align="center" style="padding-left: 2px; padding-right: 2px; padding-top: 2px; padding-bottom: 2px;"><img src="http://www.postlets.com/create/photos/20110917/132627_HPIM2709.JPG" border="0" width="344"><br>Photo 1</div><tr align="center" valign="top"><td height="262" style="font-size: 12px; font-weight: normal; color: #000000;"><div align="center" style="padding-left: 2px; padding-right: 2px; padding-top: 2px; padding-bottom: 2px;"><img src="http://www.postlets.com/create/photos/20110917/132627_HPIM2710.JPG" border="0" width="344"><br>Photo 2</div></td><td style="font-size: 12px; font-weight: normal; color: #000000;"><div align="center" style="padding-left: 2px; padding-right: 2px; padding-top: 2px; padding-bottom: 2px;"><img src="http://www.postlets.com/create/photos/20110917/132802_HPIM2712.JPG" border="0" width="344"><br>Photo 3</div></td></tr></table></td></tr></table></td></tr></table></td></tr></table></td></tr><tr> <td width="50%" valign="top" align="left" background="http://www.postlets.com/css/colors/FAF2C9.gif"> <table width="350" border="0" cellpadding="0" cellspacing="1" background="http://www.postlets.com/css/colors/FAF2C9.gif" style="border-left: 1px solid #FAF2C9; border-right: 2px solid #FFFEFD; border-top: 1px solid #FAF2C9; border-bottom: 1px solid #FAF2C9;"> <tr> <td><table width="100%" border="0" cellpadding="5" cellspacing="0"> <tr> <td><div style="color: #AD8E6E;"><span style="font-weight: bold;"> Contact info:</span></div></td> </tr> <tr> <td><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr valign="top"> <td width="100" valign="top"><img border=0 src="http://www.postlets.com/galleries/photos/20100224002612_Copy_of_REDUCED.JPG" width="95"></td>
 <td><table width="100%" border="0" cellspacing="0" cellpadding="2"> <tr><td><div style="color: #000000;">Mike Karsten Short Sale Expert</div></td></tr>
<tr><td><div style="color: #000000;">Mountain View Properties</div></td></tr>
<tr><td style="color: #000000;">25764</td></tr>
<tr><td><div style="color: #000000;">(253) 299-6733</div></td></tr>
 <tr> <td><div style="color: #000000;">For sale by agent/broker</div></td> </tr> </table></td> </tr> </table><br></td> </tr> </table></td> </tr> </table></td></tr></table></td> </tr> <tr> <td><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr>  <td align="right" background="http://www.postlets.com/css/colors/FAF2C9.gif">Equal Opportunity Housing<div style="color: #6247082;"></div></td> <td width="35" align="right" background="http://www.postlets.com/css/colors/FAF2C9.gif"><span style="padding-left: 5px; padding-right: 5px;"><img src="http://www.postlets.com/images/eoh_logo.gif" width="24" height="18"></span></td> </tr> </table> </td> </tr> <tr><td background="http://www.postlets.com/css/colors/FFFFFF.gif"><span style="padding-left: 5px; padding-right: 5px;"><img src="http://www.postlets.com/images/powered-by-postlets.png" alt="Powered by Postlets" width="200" height="59" border="0"></span></td></tr></table></td> </tr> </table> <table width="740" border="0" cellspacing="0" cellpadding="0"> <tr> <td height="20" align="left" valign="middle"><div style="background-color: #AD8E6E; color: Linen; padding-left: 5px; padding-right: 5px; padding-top: 5px; padding-bottom: 5px;"><font size="2">Posted: Dec 23, 2011, 2:12pm PST</font></div></td> </tr> </table></td></tr> </table></font></div>

17519 17th Ave E, Spanaway, WA 98387


Mike Karsten Short Sale Expert | Mountain View Properties | (253) 299-6733
17519 17th Ave E, Spanaway, WA
Located in Mystic Firs, quick commute to Fredrickson and the Base, Newer home on a dead end street. Vaulted ceilings, with open floor plan Gas Firepla
3BR/2+1BA Single Family House

offered at $124,950
Year Built 2000
Sq Footage 1,654
Bedrooms 3
Bathrooms 2 full, 1 partial
Floors Unspecified
Parking 2 Car garage
Lot Size 6,730 sqft
HOA/Maint $0 per month

DESCRIPTION

Located in Mystic Firs, quick commute to Fredrickson and the Base, Newer home on a dead end street. Vaulted ceilings, with open floor plan Gas Fireplace with french doors to a private fenced back yard. Walk in closet with 5 piece master bath suite.


see additional photos below
ADDITIONAL PHOTOS


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Contact info:
Mike Karsten Short Sale Expert
Mountain View Properties
25764
(253) 299-6733
For sale by agent/broker

Equal Opportunity Housing
Powered by Postlets
Posted: Aug 29, 2011, 9:17pm PDT

16910 23rd St Ct E, Lake Tapps, WA Short Term REOCaretaker $595 mo, A Short Sale Listing.

Mike Karsten | Mountain View Properties | (253) 299-6733
16910 23rd St Ct E, Lake Tapps, WA
REOCaretakers. com is Looking for quality people that want to get ahead We are Short Sale Experts with quality short term homes available.
3BR/2+1BA Sublet/Temporary
$595/month
Bedrooms 3
Bathrooms 2 full, 1 partial
Sq Footage 2,944
Parking 3+ dedicated
Pet Policy No pets
Deposit $2,000

DESCRIPTION

Move in ready, Lake Tapps, Lakeland hills home, only $595 a month on a short term basis REOCaretakers. com (also your short sale experts). in need of a caretaker for a 2 to 6 month period.

see additional photos below
RENTAL FEATURES

- Central heat - Fireplace - High/Vaulted ceiling
- Walk-in closet - Living room - Bonus/Rec room
- Office/Den - Dining room - Breakfast nook
- Dishwasher - Refrigerator - Stove/Oven
- Microwave - Attic - Basement
- Washer - Dryer - Yard

COMMUNITY FEATURES

- Garage parking


LEASE TERMS

This is not a rental but a Caretaker arrangement lasting from 2-6 months on average.
Qualifications are for 1-3 people, Non-Smokers, No pets; you pay utilities plus a reduced monthly fee. You must be neat and clean and allow the Agents to show the home. Criminal and Credit background check required, $50 upfront each applicant. Deposit of $2000 requirement (Varies depending on house.) 253-299-6733
ADDITIONAL PHOTOS


Lakeland hills home

Big Cozy rec room

enormus Kitchen

Kitchen

open rails to below

formal Dining.
Contact info:
Mike Karsten
Mountain View Properties
25764
(253) 299-6733

powered by postlets Equal Opportunity Housing
Posted: May 10, 2011, 2:08pm PDT

234 Clay St Ct SE, Lacey, WA 98513

234 Clay St Ct SE
OLYMPIA, WA
Large 2 story on quiet cul-de-sac close to parks with easy freeway access. Easy commute to Fort Lewis

4BR/2+1BA Single Family House
$209,950

Year Built 1991
Sq Footage 2,279
Bedrooms 4
Bathrooms 2 full, 1 partial
Floors 2
Parking Unspecified
Lot Size 15,681 sqft
HOA/Maint $0 per month

Description

Nice big 2 story on quiet cul-de-sac close to parks with easy freeway access. Vaulted ceilings with skylight and Big Rounded windows. enormous master suite with 5 piece master bath. Big fences back yard with storage shed.

Additional Photos


Photo 1

Big Fenced Back Yard

Family Room

Living Room

Round Stairs

Master Bath
Contact Info
Mike Karsten Short Sale Expert
Mountain View Properties
25764
(253) 299-6733
For sale by agent/broker


Equal Opportunity Housing

Short Sale Deficiency Judgments in Washington State

The Push back has started.  The lenders Bank of America in particular are known for Leaving the possibility of going after a deficiency judgment in Washington State.  True Washington State is a non recourse state.  That means the foreclosing lender can not go after you for the default.  That does not hold true on a short sale and it makes no sense for lenders to request a deficiency unless it’s a 2nd lien holder.  But they do.   This causes many short sales to fail.  What we are seeing is lenders will simply state the short sale is for a lien release only and sometimes not even mention the possibility of the default which could come back to haunt the seller.  I suspect that many RE agents don’t know the difference or ignore it hoping it goes away.  I typically will give my opinion then send them to a real estate attorney for advice on a short sale approve letter.  California is about to change the game with SB 1178, http://budurl.com/casb1178  Once this passes, and it will, you will see other states and hopefully Washington State follow suit.  With almost 25% of homeowners under water on their mortgages you will see a rise in strategic short sales as sellers will not have to worry about a deficiency.  Short Sales will be around for years to come.  Mike Karsten is a Real Estate Short Sale Expert with Mountain View Properties.

There is nothing wrong with Real Estate Short Sales.

There is nothing wrong with Real Estate Short Sales, I do them honestly ethically and legally every day. It is to a homeowners benefit to do a short sale vs. foreclosure. These guys were shut down for their businesses practices not for doing Real Estate short sales.  http://licensingexpress.wordpress.com/2010/09/09/dol-suspends-real-estate-license/

3617 Forrest Ridge Ct. S. Puyallup, WA 98374

3017 Forest Ridge Ct S
PUYALLUP, WA
Wonderful starter home for those who are interested. House includes 4 bd/2ba, large yard, & hardwoods. Great purchase!

4BR/2BA Single Family House
$159,500

Year Built 1972
Sq Footage 1,920
Bedrooms 4
Bathrooms 2 full, 0 partial
Floors Unspecified
Parking Unspecified
Lot Size 9,945 sqft
HOA/Maint $0 per month

Description

This Puyallup home offers four bedrooms and two bathrooms. Hardwood flooring that is in good condition, appliances included as well as a spacious back yard for your personal activities. Great home!

Property Features

FireplaceHardwood floorLiving room
Dining roomRefrigeratorStove/Oven
Yard

Community Features

Garage parking


Additional Photos


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Contact Info
Mike Karsten Short Sale Expert
Mountain View Properties
25764
(253) 299-6733
For sale by agent/broker


Equal Opportunity Housing

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