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Home Buying in King County : Real Estate Advice

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  • Local Info1
  • Home Buying4
  • Home Selling4
  • Market Conditions0

Activity 926
Yesterday at 8:53pm
Dave Skow answered:
Yesterday at 8:52pm
Dave Skow answered:
Diana - do you still need assistance >\?
0 votes 1 answer Share Flag
Sat Jan 14, 2017
Anyakrupp asked:
Saw a piece of land with the description that it " Needs Alteration Exception to build. " I can not find what this is. Any ideas? Land is located in WA state, King county. Any…
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Sat Jan 14, 2017
Bryan Lagos answered:
Good God! Sept 30, 2007? I hope that you didn't buy anything for a few years. I purchased a home in early 2005 and still haven't reached break-even.
0 votes 25 answers Share Flag
Fri Dec 30, 2016
Brukn2 asked:
This question was asked from this property:
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Tue Dec 20, 2016 answered:
check out this
so far the best online lenders
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Sun Dec 4, 2016
Kary Krismer answered:
Besides your loan costs, the other major buyer closing costs are the cost of title insurance for you lender (the seller pays for your title insurance) and half the escrow/closing agent fee. There are also lots of little charges, like recording fees, and then some pre-paids, like a few months of real estate taxes (depending on when you close and whether the lender will be collecting taxes) and property insurance (either inside or outside of escrow). ... more
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Sun Dec 4, 2016
Michael Ross answered:
That zip code is a pretty diverse one. It includes waterfront homes in Leschi that sell for many millions as well as the now-hot, up and coming neighborhood of Beacon Hill and the rapidly gentrifying Central area.

I agree with Kary that the price-per-square-foot metric should not be used for residential resale--only new construction pays attention to price per square foot because in the resale market you could have two properties with identical square footage but with a price that is many hundreds of thousands of dollars different.

Here are some recent metrics (10/2016) for 98144 (including the price per square foot):

Avg price sold: $608,000
Avg number of days on market: 23
Avg difference between list price and sold price: 103% of list
Avg price per square foot: $359
... more
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Thu Dec 1, 2016
Vkrushen04 asked:
Now there is 1 Manufactured home with septic
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Thu Dec 1, 2016
Greentekfirst answered:
A quick glance at current mortgage, lien and title records should only take a few minutes, if conducted online. The majority of these records nowadays are recorded and indexed online in title plants and county databases. These records and document images can be accessed online through a title research company I.E. US Title Records

Older documents are usually recorded on microfilm and microfiche and have to be obtained manually. This could be done by going down to the county recorder's office or hiring a local abstracter.
... more
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Wed Nov 23, 2016
Kary Krismer answered:
I'm surprised no lenders are answering this, but your ability to get a loan is dependent on your income, assets and credit report, not your age.
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Tue Nov 22, 2016
Christine.woods32 answered:
You can make a “contingent” offer on a house. That means you will buy the new home, “contingent” upon your old home selling. You only need to know whether the seller except such offers or not.

Or you can make an offer on a new home and provide earnest money to hold it, but simultaneously buying one home and selling another can be a tough task.
... more
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Sat Nov 19, 2016
Kary Krismer answered:
You would need to consult an attorney and have them review your contract to determine if you can back out.

As to whether that's going to cause problems, that would depend on proper design and the work being done properly. You can have foundation issues without on just about any project, depending on soil conditions. It's one of the reasons I prefer older houses--they have stood the test of time. ... more
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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.
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Wed Nov 2, 2016
jumbosource answered:
Plenty of options today for 90% Jumbo - assuming the house will be a primary home. There are also some options up to 95% financing, when the loan amount is below 1 mil. This requires 700 and above credit, full income and asset documentation. Visit the provided web link below for more info. ... more
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Thu Oct 27, 2016
Kary Krismer answered:
Well first, we would need to know if you're in Brooklyn, NY or Seattle, WA, and then we would also need to know what contract forms you are using. I'd suggest it would be better to simply contact an attorney because there is a need to review the forms and get a lot more facts than what a two sentence post provices.

That said, as a general rule: "There is no late in real estate." Thus, assuming the seller was not somehow at fault for the inability to close, they could probably ask for whatever they wanted for an extension or pursue their remedies for breach. If it is their fault it would be much more complicated because you'd be dealing with buyer remedies for a seller breach. Which gets back to the attorney comment.
... more
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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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