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98144 : Real Estate Advice

  • All8
  • Local Info0
  • Home Buying4
  • Home Selling0
  • Market Conditions1

Activity 6
Thu Aug 31, 2017
smileqing answered:
The contingent loan approval states that we have to get academic degree before closing, but very likely the degree will come a few days behind that. It means that we cannot close on time and the seller charges $250 per day. I want to keep the financing contingency, but they say that since the loan has been conditionally approved, we have to remove the financing contingency, is that true? ... more
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Sun Aug 6, 2017
Gianmarcovairo asked:
I wouldn't want to lose potential renters. The address is 2207 15th Ave S #A - Seattle, WA 98144
0 votes 0 Answers Share Flag
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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Tue Aug 12, 2014
Annette Lawrence answered:
If you 'won the bid' follow the procedures dictated by the auction company.
Unless of course you were simply a pawn in a 'valuation' process.
If you were a represented buyer in the auction, turn your question towards the one you hired.

Hint: A Short Sale IS pre-foreclosure

You may need to wait months/years for the house to re-appear as a bank owned property or foreclosure.

The professional you have representing you will be able to provide your better guidance.
... more
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Thu Oct 24, 2013
Kim Mulligan answered:
Beacon Hill is changing. It continues to be diverse and used to be very affordable compared to some other Seattle neighborhoods. Nearby Columbia City is a great example of how the "closer in" neighborhoods are in a renaissance and are being revitalized. Seattle has been and continues to receive an influx of new residents every year due to our strong employment growth. This is another neighborhood poised to see significant changes in the near future and one that is great for first time home buyers.

If you don't know about it yet, check out the Beacon Hill food forest project well under way.
... more
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Thu Jan 20, 2011
Dan Tabit answered:
Since commercial can be a strip mall or a high rise, we'd need to know more about what you have in mind. It will also depend on the intended use of the building. Retail, manufacturing, mixed use residential, etc. ... more
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