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98115 : Real Estate Advice

  • All12
  • Local Info2
  • Home Buying3
  • Home Selling2
  • Market Conditions0

Activity 10
Michael Ross, Real Estate Pro in Seattle, WA
Sat Dec 3, 2016
Michael Ross answered:
First, let me address the particular home that you were looking at: It is in default on a loan of less than $200,000. That's on a home that would probably sell for over $600,000 as a fixer. That means that the person will probably bring the loan current or sell it the traditional way, pay off the loan and realize a substantial gain.

That home has entered the foreclosure process but has not been foreclosed on. The significant difference is that a home in the foreclosure process is not really for sale--the owner has just become delinquent in his/her mortgage and a public notice has been filed that starts the foreclosure process.

You can, however, buy an already foreclosed home (one that the lender has taken possession of) and there are some good deals to be had on those homes. Get a good real estate agent (like me) and they can provide you with a list of those homes. Foreclosed homes allow for you to be represented by an agent and it's a good idea because those types of listings can get a little tricky--like having shut-off utilities and hidden defects

If you want to have some fun searching for foreclosed homes in the internet you can see some by searching for the "HUD homestore"
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Kary Krismer, Real Estate Pro in Renton, WA
Thu Oct 20, 2016
Kary Krismer answered:
Try different company broker sites. One of them may give the information you want, but it will probably be very limited. National sites are less likely to have specific information like that. ... more
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Susie Kay, Real Estate Pro in Dallas, TX
Mon Oct 10, 2016
Susie Kay answered:
I would suggest that you circle back with your realtor who sold your property.
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Kary Krismer, Real Estate Pro in Renton, WA
Tue Oct 4, 2016
Kary Krismer answered:
I'm not sure what you're asking, but the purchase date is typically the date the deed is recorded with the county recorder. You could have some other situations though where date of possession would be considered the transfer date, but those would not be your run of the mill situations. Those would most likely be situations where for one reason or another a deed was never recorded or was delayed for a period of months or years.

Why do you ask?
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T.behan, Home Owner in Seattle, WA
Wed Jun 29, 2016
T.behan asked:
Forrest Hayl…, Real Estate Pro in Seattle, WA
Wed Jul 15, 2015
Forrest Hayley answered:
If you mean you are having trouble on Trulia trying to correct info, you should contact the customer service reps and they will fix it right away. If you mean it is wrong in the tax records, you will need to contact the county assessors office. ... more
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Kim Mulligan, Real Estate Pro in Seattle, WA
Sun Jun 1, 2014
Kim Mulligan answered:
I am not affiliated with the link below. They gather information every year on all kinds of rental properties. They are the most comprehensive data collection I know of. Of course as Realtor, I use the MLS but that doesn't cover the whole market and might skew towards higher end rentals.

Please let me know if I can be of more help!

Kim Mulligan
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Karen Edding…, Real Estate Pro in Seattle, WA
Sun Mar 9, 2014
Karen Eddinger answered:
When a seller lists with the Northwest Multiple, he agrees to allow photos of his home to be included in the listing information. That listing then appears on every IDX feed and is never just on one web site. If you have not listed your home for sale, then the photos that are showing belonged to the previous owner, who gave permission to the Northwest Multiple to show those photos. ... more
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Jeanmarie  T…, Real Estate Pro in Mukilteo, WA
Mon May 7, 2012
Jeanmarie Trapp answered:
With a smile, a letter of reference, and honesty about why your credits bad. For the most part nowadays, credit is less of an issue, as perhaps a criminal history check. The dogs could be your biggest issue, so prepare for a larger deposit, and renters insurance.. Good Luck.. ... more
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Ron Thomas, Real Estate Pro in Fresno, CA
Tue Aug 9, 2011
Ron Thomas answered:
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