Seattle : Real Estate Advice

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Linda.yen, Home Buyer in Seattle, WA
Linda.yen asked:
Can seller keep Earnest Money if buyer backs out due to low appraisal with 5 day financing contingency? As a seller, I accepted an offer that had a 34 addendum (stating financing contingency to be waived 5 days after MA). This is on top of the 22A Financing Contingency that was also included.…
0 votes Share Flag Tue May 24, 2016 Home Selling in Seattle
Kary Krismer, Real Estate Pro in Renton, WA
Kary Krismer answered:
When a first time buyer gets a fha loan or trys to do they have to apply for a fha loan and a different mortgage since a fha loan is like insurance.?
You really should talk to a lender and an agent about what is best for you, but assuming you need to go FHA because you're low down payment, FHA does have an element of "mortgage insura ... more
0 votes Share Flag Sat May 21, 2016 Home Buying in Seattle
Goobsfam, Home Buyer in Seattle, WA
Goobsfam answered:
How often and why do loans fall through right before closing?
I just have a hard time believing that these mortgage companies can't do things a little better. We passed along all of our information and given a approval letter. Nine days before cl ... more
0 votes Share Flag Mon May 16, 2016 Home Buying in Seattle
Kota W., Home Buyer in Tucson, AZ
Kota W. asked:
I'm looking into straight buying in full in regards to a home in seattle sometime, this would be my first home purchase also. II had been looking stuff up on what to do after persay owning my home, and my question is what roughly does property tax look like for some of you? im looking for a $ amount not a percentage…
0 votes Share Flag Sun May 15, 2016 Home Buying in Seattle
Kary Krismer, Real Estate Pro in Renton, WA
Kary Krismer answered:
We currently live in California, but are looking to move to Washington with an FHA loan.
You really should contact a good loan originator to answer these questions, rather than just looking for answers on the Internet.

Note that in the Seattle area right now the market i ... more
0 votes Share Flag Sat May 14, 2016 Home Buying in Seattle
walt.mason, Home Owner in Seattle, WA
walt.mason asked:
Correcting information listed on Trulia. I've updated incorrect information listed for my house, but Trulia doesn't register the information. Specifically, I have 3 bedrooms (not 2) and 1.75 bathrooms (not 1 bathroom).…
0 votes Share Flag Wed May 11, 2016 Home Ownership in Wallingford
Kary Krismer, Real Estate Pro in Renton, WA
Kary Krismer answered:
what happensto the balance of a mortgage if the buyer buys the house in preforclosure.?
If the buyer buys prior to foreclosure, they would either have to pay off the mortgage in full, or get the lender to approve a short sale. If the lender approves a short sale the buyer ... more
0 votes Share Flag Fri May 6, 2016 Foreclosure in 98101
Kary Krismer, Real Estate Pro in Renton, WA
Kary Krismer answered:
Selling a house - how much do the agents involved get paid and who pays who?
There is no one answer to this question because agents can each negotiate their own commission. Typically though the seller enters into a listing contract with a listing agent who is p ... more
0 votes Share Flag Thu May 5, 2016 Home Selling in Wallingford
Don Hester, Real Estate Pro in Wenatchee, WA
Don Hester answered:
Window seal repair responsibility question, owner or HOA?
One thing to find out is what is the warranty on the window. Depending on manufacturer there can be a warranty. Most likely you are not the original owner but if you are then the window ... more
0 votes Share Flag Sun May 1, 2016 Remodel & Renovate in Seattle
Don Hester, Real Estate Pro in Wenatchee, WA
Don Hester answered:
How much should a new roof cost?
Need more information to know for sure.


Here is a link to a site that can at least give you a ballpark figure.

http://www.homewyse.com/
0 votes Share Flag Sun May 1, 2016 Remodel & Renovate in Seattle
Kary Krismer, Real Estate Pro in Renton, WA
Kary Krismer answered:
We've finished buying a house and selling our home. How do we opt out of any further mailings from Trulia and Zillow? Thank you! Kristi
Just a guess, but I would suspect that each email has a link you can click to stop receiving emails.
0 votes Share Flag Thu Apr 28, 2016 Home Ownership in 98199
Lena_artem_o…, Home Buyer in Seattle, WA
Lena_artem_olga answered:
Can you buy a home with a ITIN number?
We have a similar case. We are legally married couple. I have a SSN and great credit score but my income is not enough to pre-qualify. My husband has only ITIN, over 5 years for same em ... more
0 votes Share Flag Wed Apr 27, 2016 Home Buying in Seattle
Helen.mango1, Home Buyer in New York, NY
Helen.mango1 answered:
What happens to a mortgage when a house is sold?
We are selling our vacation home and still have about 10Grand left on the Mortgage. Do we need to pay off the Mortgage?
0 votes Share Flag Mon Apr 25, 2016 Home Buying in 98101
Tom, Other/Just Looking in Charlottesville, VA
Tom answered:
Are Modular Homes a wise investment for the first time home buyer?
The key difference and the question you should ask - what code is this home built to - IRC or HUD. A modular home like stick built homes are built to IRC - i.e. to meet the local buil ... more
0 votes Share Flag Mon Apr 25, 2016 Home Buying in Seattle
Kary Krismer, Real Estate Pro in Renton, WA
Kary Krismer answered:
How many residential real estate agents are active in the greater Seattle area?
I don't think you're likely to get data like that. Most agents don't limit themselves to certain neighborhoods these days.

Also, probably over half the agents aren't really active a ... more
0 votes Share Flag Thu Apr 21, 2016 Agent2Agent in 98122
Nelsonrp, Other/Just Looking in Seattle, WA
Nelsonrp asked:
Wiring funds from home sale to home purchase I am closing on my home sale on Wednesday 5/11 and closing on my new home on Friday 5/13. Is it appropriate to have the proceeds from my sale be wired directly to the new escrow company,…
0 votes Share Flag Tue Apr 19, 2016 Home Selling in Seattle
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