Real Estate Investors Association of Washington 

Real Estate Investors Association
                                of Washington


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Calendar    Member Registration    Non Member Registration
Open to the Public!
Event ID: 256059 Event Status: On Schedule
Event Description




Thursday, March 21, 2019
6:00 - 9:00 PM
  At LaQuinta Inn & Suites

REIA Members attend free
with registration!

Join REIA in welcoming

    James Nelson
Coldwell Banker Bain


HUD Properties

Join REIA in welcoming fellow REIA Member, Coldwell Banker Bain Managing Broker and HUD expert James Nelson for a discussion on HUD properties.
 Learn about HUD properties with James Nelson of Coldwell Banker Bain at Tacoma REIA on Thursday, March 21, 2019


HUD Properties are properties that have been foreclosed and, because the foreclosed loan was federally insured by HUD, are offered by HUD as REOs, or Real Estate Owned, often at attractive discounts. 

The catch?  Most brokers know very little about HUD procedures and resultantly may not get the best price or, for that matter, the winning bid. 

Our discussion will include many elements of the process, such as:

- The benefits and risks of buying HUD properties
- Time frame for investor bidding
- HUD approved brokers
- Earnest Money required and refund policies
- "Uninsured" (NOT necessarily uninsurable!) homes
  - Inspection capability, responsibilities and liability
- Due Diligence
- How offers are structured
- The procedure to assign HUD contracts for wholesaling
- Closing time frame and extension capability
About our Speaker
James Nelson is a fellow REIA Member, Managing Broker at Coldwell Banker Bain and a Washington State Finance and Housing Commission Down Payment Assistance Instructor.

James’ expertise is in both single and multi-family properties including analysis and structuring of the related acquisition and sale. He is considered to be a SME (Subject Matter Expert) when it comes to HUD Homes and navigating their acquisition at the best possible price. He also works very closely with VA buyers, first time home buyers, buyers needing down payment assistance, and of course investors, all with the mission of transactional excellence and client satisfaction.

He grew up in Kent, later served honorably in the US Coast Guard and returned to Washington in 2002. James has been a licensed real estate professional since 2011 and has enjoyed working in our industry ever since. When he isn’t working on deals James spends time with his wife, son, step-daughter and their two dogs. The family enjoys being outside when it’s nice, going on trips or just lounging around and being lazy at times.

  HUD Properties with James Nelson of Coldwell Banker Bain at Tacoma REIA on Thursday, March 21, 2019
Learn from the best at "pitch free" REIA meetings and classes and enjoy networking that is second to none with "like minded" real estate investors.  Connect with the REIA Business Members on hand to build or grow your real estate investing team!
Register today using the Member or Non-Member link below to ensure seating
OPEN TO THE PUBLIC with registration

Not a REIA Member yet?  REIA Members save through REIA Member Benefits, build or grow your real estate investing team of "investor friendly" businesses through the REIA Business Associates Directory, exchange questions, answers, resources and deals with other REIA Members through the REIA Member Forum and have access to useful resources, articles and more in the REIA Member Area!  REIA Members also attend the REIA Main Meeting and all REIA Chapters free of charge, save nearly 25% on REIA Continuing Education classes and attend events - including the REIA Semi-Annual Networking Event and REIA Master Mind Group - that are available exclusively to REIA Members.  

All experience levels are welcome at REIA.
What are you waiting for?


REIA is simply the best source of education and networking for real estate investors in the Puget Sound.  Join us for the REIA Main Meeting on the second Monday of each month in Bellevue, periodic Chapter meetings at Everett REIA, Seattle REIA and Tacoma REIA, REIA Wholesalers Round Table discussion group and frequent REIA Continuing Education classes.  REIA Members are also welcome and encouraged to attend REIA Semi-Annual Networking Events and monthly round-table "Master Mind" Group Meetings!
Each REIA Main Meeting and REIA Chapter Meeting features an expert in our industry, an assortment of perspective Business Associates to build your real estate investing teams and ONE FULL HOUR of networking with other investors!  All experience levels are welcome at REIA events!  Bring LOTS of tough questions for our Speakers and Business Associates!
Register today using the Member or Non-Member link below to ensure seating
OPEN TO THE PUBLIC with registration

Event Details
Event: Tacoma REIA Meeting - HUD Properties Members: Free
Where: LaQuinta Inn and Suites Tacoma Non Members: $25.00
Address: 1425 East 27th St, Tacoma WA 98421 Meeting Place: At Event Location
Location Website: n/a Meeting Address: Same as Event Location
Meet Loc Website: n/a Meeting Time: 5:45 PM
Location Phone: n/a Parking Cost: FREE!
Start Date-Time: 03/21/2019 - 6:00 PM Reg. Deadline: 03/21/2019
* End Date-Time: 03/21/2019 - 9:00 PM PrePay Required: Due at Event

Event Leader:
Real Estate Investors Association of Washington
Contact Leader

Payment Details: REIA Chapter Meetings are FREE to REIA Members with registration! Guests are welcome to attend at a cost of $25 per meeting. Event fees are payable by cash, American Express, VISA, MasterCard or Discover at the door. Advance registration is recommended to ensure seating!

Location (More Detail)
Event Location: LaQuinta Inn and Suites Tacoma
Address: 1425 East 27th St, Tacoma WA 98421
Directions: LaQuinta is conveniently located just off of I-5 near Portland Avenue. From I-5 SOUTH: take Portland Avenue exit #135; follow E 27th Street toward Portland Avenue approximately .5 mile; the LaQuinta on the right. From I-5 NORTH:take Portland Avenue exit #134; follow E 28th Street approximately .3 mile; turn left on Portland Avenue; turn LEFT on E 27th Street and travel approximately .1 mile; the LaQuinta on the right.

* estimated



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