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Kent : Real Estate Advice

  • All61
  • Local Info7
  • Home Buying13
  • Home Selling1
  • Market Conditions3

Activity 58
Thu Aug 31, 2017
Raylon Godwin asked:
Sat Jun 17, 2017
David Weaver answered:
We were renting a house from property managers. foreclosure noticed popped up on our rental. We had 90 days to vacate rent free.
Saved for 3 months and got a better place. We had rented for 6 years.
Do not pay him a thing, by law you are scott free!
... more
0 votes 3 answers Share Flag
Mon May 29, 2017
Alex Foraker answered:
I would suggest consulting with the loan officer doing the refinance. Essentially any new debt could change your debt to income ratio or the amount the bank will allow for financing. Generally speaking I wouldn't advise any change in financials during a refinance. ... more
0 votes 1 answer Share Flag
Sat Apr 15, 2017
Scott Godzyk answered:
You need to check the laws in your state for holding personal goods. It can be 7 to 30 days i have seen in various states. Some states require a notice posted on the house, others in the paper and others require a personal property eviction. Check with a local RE lawyer to be sure. ... more
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Mon Jan 2, 2017
Aundrea Kopp answered:
Once every month, King County Housing Authority (Tukwila / So. center location) does the footwork for you by printing 1 - 6bd. homes, or apartments that are already Landlord qualify. It actually really nice because it gives you the physical adress, deposit amount, Landlords name and phone number, as well as any other specifics like pets allowed...ect. ...ect.. I believe the office closes during the week at 4:30pm and are not open to the public on Wednesdays. (?) anyway, i do believe the phone # is:
(206) 214-1300..Hope this helps and Good Luck!!
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Wed Nov 16, 2016
Vaskir31 answered:
Let me know if you are still in the Market for a Home. Call me at 571-302-1368. I am a Loan Officer.
Regards,
Vasu
0 votes 2 answers Share Flag
Fri Oct 14, 2016
Kary Krismer answered:
You've only been on the market less than 24 hours. It can take time to get to the third party sites.
0 votes 1 answer Share Flag
Tue Aug 16, 2016
Kary Krismer answered:
You really need to identify whether you're talking about property in Morgan Hill, CA or Kent, WA, because the answers may very well be different.

But ignoring that, I don't know how you expected the property to be sold without the list price being known, and at least in Washington the actual sales price being known.

If it's a matter of disclosing the price before being listed, NWMLS agents are not supposed to do that in that they are not supposed to market the property before listing, but it doesn't sound that that was the purpose of disclosure.

Finally, with many/most condos it is rather easy to find comps from prior periods, so any question of the value during the period of the prior transaction should be fairly easy to determine.
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Thu May 19, 2016
Diane Hobbs asked:
Sat Apr 9, 2016
Dalton.jasonc asked:
it is NOT in the cul de sac. the address in Zillow and trulia is wrong.
0 votes 0 Answers Share Flag
Sun Feb 21, 2016
Dan Tabit answered:
Stophnahammock,
The company is less important than the individual agent. I know some decent agents in companies with terrible reputations and terrible agents in companies with good ones. We are all independent contractors and have come into this business with a variety of backgrounds.
Kary who answered below is a former attorney. I have a background in HVAC design and sales, Mortgage and other sales jobs.
Just because one broker has a huge sales volume doesn't mean they are right for you. Some brokers have teams working for them and all the sales go in one name.
Interview local brokers. Ask for samples of their work, recent sales they have closed and their track record over all. Ask them why you should hire them instead of the next one. This really is an 80/20 business where 80% of the business is done by 20% of the brokers.
Find an experienced, knowledgeable broker who listens and understands your goals that you will also listen to and you'll be off to a good start. Best of luck.
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0 votes 2 answers Share Flag
Wed Oct 28, 2015
Mckillopeileen asked:
My client purchased Gary Fox Plumbing and has agreed to no longer use the trade name "Gary Fox Plumbing" and is now operating the business under a new trade name "Gary's…
0 votes 0 Answers Share Flag
Mon Oct 12, 2015
Robert W Neill Jr answered:
A local commercial agent should be familiar with any that are for sale. If you need assistance, I would be glad to refer you to one if you contact me through my profile.
0 votes 1 answer Share Flag
Tue Jan 13, 2015
taborjim answered:
The answer depends on many factors. Such as do you have a down payment in the 10 to 20% range. How big of a house, how long do you plan on being in the house, are you willing to make some repairs on a home,and how much can you afford for your monthly payment?
A traditional mortgage company or bank will have you pay a higher interest rate and expect a higher down payment. You should look at credit repair options to remove or improve any bad marks against your score.

You can look into lease options or Rent to own houses where you are a tenant buyer and as such you agree to lease the home from the seller. Your option price is the agreed price that the seller and you agree upon to purchase the home and it has an expiration date. For example, your option buy price may be at the market price in 5 years or some other agreed upon price. The cost of your option say ($10K) acts like a down payment and can be applied toward the purchase. Sometimes a percentage of the monthly lease or a flat rate can also be applied toward the purchase. So you in essence you own the property for 5 years and can reapply for a traditional mortgage company as your credit improves.

At the end of five years the option expires, you must have arranged for another form of financing the property paying off the seller before it expires. If not your $10 K then belongs to the seller. They can then agree to renew your lease or ask you to move out. An option obligates the seller to sell to you within the 5 years at a certain price and you are not obligated to buy.
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0 votes 6 answers Share Flag
Wed Jan 7, 2015
Kary Krismer answered:
Here are some reasons a seller might not want to do a short sale.

http://www.trulia.com/community-blog/kary_l_krismer/2012/08/do_you_want_to_try_a_short_sale_or_not_the_not_part
0 votes 2 answers Share Flag
Wed Dec 17, 2014
Kary Krismer answered:
I'm not sure who is sending you what, but in the Seattle area if you want current listings use a broker site, such as Redfin, John L. Scott, etc. They get direct feeds from the NWMLS. Sites like Trulia, Zillow and Realtor.com do not have all the listings available, and some of the ones they do show have already gone pending or even sold. ... more
0 votes 1 answer Share Flag
Thu Aug 28, 2014
Kary Krismer answered:
I haven't looked, but I think Stephanie is probably right. A few years ago there was a waterfront condo complex on Lake Washington where you could pick up a unit for well under $100,000 because of a large expected (or pending) special assessment. ... more
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