Ballard is a broad area, it has it's highly desirable areas, and less desirable areas. You have low inventory on your side as many Brokers below me have mentioned. I could list off a ton of general market information about Ballard in general, but that isn't going to give you an accurate description of your specific property and how it relates to other active and recently sold properties in the immediate area surrounding it. The best way to get an estimated value as the banks would is through an appraisal. An appraisal can cost a few hundred to several hundred dollars. The next best way for free is to have a market analysis from a Broker. Give me a call or shoot me an email and I'd be glad to do one for you, it won't cost you anything, nothing to sign, no pressure. Take care, Kjell 425.268.2627 KjellBock@CBBain.com... more
You have several options; 1) investigate a seller-carried 2nd mortgage, 2) investigate if you can cross-collateralize your present home, 3) explore a larger 2nd mortgage on your present home, and 4) talk about a custom loan with a portfolio lender. There may be other options as well. You should talk to a mortgage broker and a portfolio lender. Lending rules are beginning to relax a bit, but we're a long way from the days of no-document loans. If you'd like a referral to a lender, feel free to contact me direct.
excise tax is 1.78% for the king co. the realtor fees usually do not vary with cities. There is not a standard realtor fees but by practice, usually a listing fee is 3% and a buyer';s agent fee is 3%... more