98006 : Questions & Answers

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Yu-Fen Lee, Real Estate Pro in Bellevue, WA
Yu-Fen Lee answered:
Advice for getting the deal in the multiple bid situation
I've posted an article and discussed several tactics in detail on my website. You can see the discussion at: http://www.brokeremma.com/real-estate-negotiation-strategies/negotiation-str ... more
0 votes Share Flag Wed Jan 15, 2014 Home Buying in 98006
Brian Nguyen, Real Estate Pro in Tustin, CA
Brian Nguyen answered:
Any lender can do mortgage for foreigner without tax report with 50% down payment ?
I would be able to offer a stated loan that does not require income verification with 50% down payment. The thing I would need to check if this can work with foreign investors. If you a ... more
0 votes Share Flag Wed Oct 9, 2013 Home Buying in 98006
James Hsu, Real Estate Pro in ,
James Hsu answered:
Evil landlord won't fix anything.
Without knowing all the details, you are getting into some contract interpretation issues...like you feel the landlord misrepresented some stuff ... also not knowing what issues you're ... more
0 votes Share Flag Mon Jun 24, 2013 Rental Basics in 98006
Kary Krismer, Real Estate Pro in Renton, WA
Kary Krismer answered:
Is it possible to receive a jumbo loan in NJ for less than 20% down? I am looking for 10 to 15%? If so, which Bank?
You asked your question in a forum for Bellevue Washington.
0 votes Share Flag Mon Apr 22, 2013 Financing in 98006
Jirius Isaac, Real Estate Pro in Kenmore, WA
Jirius Isaac answered:
investment property underwater
You should be talking with your mortgage broker about this since you just did the refinance last year. If you want to talk with someone else about possibilities, I would be happy to co ... more
0 votes Share Flag Sat Jul 28, 2012 Home Selling in 98006
James Ryan, Real Estate Pro in Leesburg, VA
James Ryan answered:
What would you offer for condo in NW Florida that is listed approx. 300k higher than 3 sold short sales are only sales past 12 mo in building? Thank
Hi Shasta...
The quickest and easiest way around your conundrum and avoiding agent double speak is to hire an appraisal company of your choosing to appraise the condo. Yes, it might co ... more
0 votes Share Flag Mon May 7, 2012 Home Buying in 98006
James Ryan, Real Estate Pro in Leesburg, VA
James Ryan answered:
What is the down payment to buy a 2nd home which would be my primary residence? I plan to rent the home I am currently live in.....
Good morning, Jon....
If you are not a Veteran, than an FHA loan with a minimum of 3.5% down is possible. However, you are required by FHA to buy a primary residence. A 2nd home is def ... more
0 votes Share Flag Mon May 7, 2012 Home Buying in 98006
Dori Z, Real Estate Pro in Issaquah, WA
Dori Z answered:
Is Greenbank Development a reputable builder? Never heard of them before the development in Kirkland....How do they stack against Camwest?
I ran into these folks as well when looking for a client of mine. Please also be aware that they are also building another development in the Lakemont area.

Based on what I saw at t ... more
0 votes Share Flag Tue Jan 10, 2012 Home Buying in 98006
MAX LEE,  in Bellevue, WA
MAX LEE answered:
Is there any pitfalls I need to know about buying a bank owned property?
Hi Kaylee,

Bank Owned Properties are sold As-Is. Once you find a home you love, I suggest you to walk through with an inspector before you submit an offer.

For your information, y ... more
0 votes Share Flag Wed Sep 29, 2010 Home Buying in 98006
HLR,  in Oregon
HLR answered:
Can I do something if the listing agent lied?
Some feel that a new home has a higher value than one that was lived in, so maybe the builder is discounting that other one, because it's been lived in. Even with no repairs or ma ... more
0 votes Share Flag Tue Oct 13, 2009 Home Buying in 98006
Cyndi Carver, Real Estate Pro in Issaquah, WA
Cyndi Carver answered:
What makes Cougar Mountain so popular?
I live off of Cougar Mountain Way and I just love this area. Lots and lots of nature trails, parks are in the neighborhood along with well maintained streets and properties. We had an ... more
0 votes Share Flag Wed Sep 23, 2009 General Area in 98006
Renee Connor,  in Mercer Island, WA
Renee Connor answered:
Are 10% Jumbo Conventional Loans in Seattle possible? I've heard 15% down is the minimum for a Conventional jumbo... is that true?
We can go to 90% on purchases as well - I'm doing one right now.
0 votes Share Flag Tue Sep 22, 2009 Financing in 98006
Annette  Law…, Real Estate Pro in Palm Harbor, FL
Annette Lawrence answered:
Has any one completed a short sale when the homeowner is not behind, has great credit and income?
CAUTION: dangerous curves ahead
Be aware banks and management companies may have financial (reimbursement) incentives for trying to dictate the owner be delinquent. Delinquency is nev ... more
0 votes Share Flag Sat Jul 25, 2009 Agent2Agent in 98006
Smitty,  in Midwest, WY
Smitty answered:
Does a short sale count as a comp?
If foreclosure auction sales and REO sales are affecting the OVERALL single family housing market, then the non-distressed, arms-length sales should be reflecting that in their sale pri ... more
0 votes Share Flag Tue Dec 23, 2008 Home Buying in 98006
barbara mcma…, Real Estate Pro in Everett, WA
barbara mcmahon answered:
Are there any rules to what can be included in an inspection response form?
There are no rules per se. If the buyer is trying to get out of the deal, it is quite easy during the inspection period. They do not have to generate a laundry list for the seller. G ... more
0 votes Share Flag Tue Jun 10, 2008 Home Selling in 98006
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