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Home Buying in 98059 : Real Estate Advice

  • All11
  • Local Info2
  • Home Buying8
  • Home Selling1
  • Market Conditions0

Activity 5
Sun Jun 15, 2014
Alex Foraker answered:
You can search all currently available 2 bed condos in Renton. Tags for new listings, price reductions, bank owned foreclosure & short sale.
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Mon Jul 1, 2013
Mary Buckmaster & Jerry Vice answered:
Hi Marnie, I have a fabulous lender in the Bellevue, WA area -- that I am sure can help you. Shoot me an email at Mary@EastsideDreamHome.com, and I will get you her contact info. Mary Buckmaster, Seattle Metro/Re/Max Eastside Brokers, 206 390 8765. Mary ... more
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Mon Nov 26, 2012
Jana Schmidt answered:
The first thing to find out is if you are buying in a community that rents the space the home sits on or if the price of the home includes the land. Ideally you want to compare with recent solds in the same park for the best references. If it's a community where you rent the land (and most are) I would also recommend calling the manager of the park and finding out what the qualification process is to rent in the community. You could ask the manager for any recent sale information as well as the condition of the homes that recently sold. The managers at Senior parks are a wealth of information. Most real estate agents will also call the manager as part of the Comparative Market Analysis. ... more
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Thu Mar 10, 2011
Ardell Dellaloggia answered:
Thanks for clarifying, Mau.

1) I'd say pretty darned good.

2) They usually answer within 15 minutes of opening the file, but sometimes it takes them awhile to pick the file back up. If not much time has past since they countered, you likely have the same assigned negotiator, so I would say maybe not more than a week. Sometimes they don't answer at all, meaning it's $650,000 or go away, the file is "closed" unless you agree to the counter. If they do that, they may not answer at all. Remember they generally only work business hours, so weekends don't usually count as "time passed".

3) Often the written approval (which goes to the seller, not you) says they have the right to come back to the seller later for the difference between what they get from the sale and what the seller owes. The seller has to sign that. for the transaction to proceed to closing. So make sure when you "hear" that you got lienholder approval, that you also know that the seller ACCEPTED and signed that lienholder approval. The seller isn't "backing out of their deal with you" really, even though that is what happens "to" you. They are refusing to sign the lien holder approval unless they can get full forgiveness of the debt. Sometimes they can get that; sometimes they can't.

Good Luck and do make sure you are involving a real estate professional and likely an attorney as well.



3)
... more
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Sat Jun 19, 2010
The Cascade Team Real Estate answered:
Additional addendums are added all the time. They do not affect the mutually accepted date or when your contract was delivered to escrow. You are fine!
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