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Home Buying in Washington : Real Estate Advice

  • All278
  • Local Info25
  • Home Buying144
  • Home Selling28
  • Market Conditions11

Activity 2,211
Anyakrupp, Home Buyer in Morgan Hill, CA
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…
0 votes 0 Answers Share Flag
Bryan Lagos, Home Buyer in Apopka, FL
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
Bwai, Home Buyer in Ruston, LA
Tue Jan 3, 2017
Bwai asked:
The lots are on the same new subdivision. He sold the existing one last month. We liked the plan so he offered to build it on the 1.6 acre lot.
0 votes 0 Answers Share Flag
Brukn2, Home Buyer in Bellevue, WA
Fri Dec 30, 2016
Brukn2 asked:
--
This question was asked from this property: https://www.trulia.com/foreclosure/3007234471-10129-Main-St-203-Bellevue-WA-98004#photo-2
0 votes 0 Answers Share Flag
Hickm.an.a.j…, Home Buyer in Bellevue, WA
Tue Dec 20, 2016
Hickm.an.a.jo.hn answered:
check out this
http://appooka.com/kabbage-review/
so far the best online lenders
0 votes 51 answers Share Flag
Sally Grenier, Real Estate Pro in Boulder, CO
Sun Dec 18, 2016
Sally Grenier answered:
Your best bet is to hire a local REALTOR as your Buyer's Agent. He/she can create a search in the local MLS which will have the most up to date listings. Good luck!
0 votes 2 answers Share Flag
Northbeachre…, Both Buyer and Seller in Ocean Shores, WA
Thu Dec 8, 2016
Northbeachrealtymermaid answered:
Mike,

As far as values are concerned, investment comes down to how a property APPRECIATES. If you keep a home in great shape, the value will compliment your efforts. If Ocean Shores is the place for you, let me know. Also, Pacific Beach is another option for investment properties. Send me an email and I will send you properties that you prefer.

Katie Ann

Cell: (360) 268-3739
Email: NorthBeachRealtyMermaid@Gmail.com
... more
0 votes 9 answers Share Flag
Kary Krismer, Real Estate Pro in Renton, WA
Wed Dec 7, 2016
Kary Krismer answered:
No one can answer that because we don't know what your contract provides. We don't even know whether you're talking about a house being built in Washington or California. You need to consult a real estate attorney who can review your contract. ... more
0 votes 1 answer Share Flag
Kary Krismer, Real Estate Pro in Renton, WA
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
0 votes 2 answers Share Flag
Michael Ross, Real Estate Pro in Seattle, WA
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
0 votes 2 answers Share Flag
Vkrushen04, Home Buyer in New York, NY
Thu Dec 1, 2016
Vkrushen04 asked:
Now there is 1 Manufactured home with septic
0 votes 0 Answers Share Flag
Greentekfirst, Both Buyer and Seller in Dover, DE
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
0 votes 9 answers Share Flag
Kary Krismer, Real Estate Pro in Renton, WA
Wed Nov 30, 2016
Kary Krismer answered:
I would be very surprised if every email from Trulia doesn't have an unsubscribe link at the bottom.
0 votes 2 answers Share Flag
Kary Krismer, Real Estate Pro in Renton, WA
Sat Nov 26, 2016
Kary Krismer answered:
There is no way of answering that question. First, there's no way of knowing what the seller's situation is, or whether they are completely delusional about the value. So even if a value could be determined, there's no way of knowing whether a seller would accept it. Their own agent might not know.

Second there's no way of knowing what the property is actually worth because you don't mention size or location, but even if you did, value would be dependent on proximity to utilities and/or the ability to put in a well and septic system.
... more
0 votes 1 answer Share Flag
Kary Krismer, Real Estate Pro in Renton, WA
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.
0 votes 1 answer Share Flag
Christine.w…, Real Estate Pro in Fort Myers, FL
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
0 votes 17 answers Share Flag
Trisha Holli…, Renter in Battle Ground, WA
Sun Nov 20, 2016
Trisha Holling asked:
I cant get a home loan until december 2017. I found a HUD home fixer upper. I would do a lease to own on it. Will Hud do lease to own?
0 votes 0 Answers Share Flag
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