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98009 : Real Estate Advice

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Activity 103
Mon Mar 7, 2011
Tonya Brobeck answered:
No, not one that has detailed and all accurate information. I can pull stats for you from the MLS and title if you want. Feel free to contact me anytime!
0 votes 10 answers Share Flag
Mon Feb 28, 2011
David Sprague answered:
You may not like my answer...
You should speak with an attorney.
David
0 votes 14 answers Share Flag
Fri Sep 5, 2014
Bob Kelly answered:
It's your contract. Your broker is not a party to it. You decide what goes in the contract.

I hadn't seen that form; although, my experience is short and the MLS adds rules pretty frequently. ... more
0 votes 24 answers Share Flag
Mon May 7, 2012
. answered:
This is a typical case where a local agent is required to help you sort out the facts. Google three ask them all the same questions and move forward with the one who you trust the most. A good question is , who are you working with to this point? The seller, a listing agent? If you have an agent what are they telling you? ... more
0 votes 4 answers Share Flag
Thu Feb 24, 2011
The Alberts Team ~ Andy & Aryn answered:
Hi Aztobv,

Welcome! At American Classic Homes Real Estate, we have a team focused on helping people find the right rentals! I might not be the one to help you but I can connect you with someone on our team at Renters Marketplace at American Classic Homes that will take great care of you. I read the other agents' answers to your question about rent to own and agree with the common theme. While you can find a 24 month lease option on occasion, right now it's best to find your new "home" with a 1 year lease and make future moves from there. This gives you the option to make an adjustment in case things don't work out for any reason. Please let me know if we can help you with your move! Thank you. -Andy Alberts ... more
0 votes 5 answers Share Flag
Thu Feb 24, 2011
Kary Krismer answered:
Two points about rent to own. First, you will likely be paying some sort of a premium for that arrangement, and I'm not sure it would be worth it. For example, you may have to compromise on the house to find an owner wanting to do the rent to own thing. Also, you may discover after moving here you don't like that neighborhood or that you prefer another neighborhood, in which case the premium you paid would be wasted.

Second, if you do this type of a deal, you clearly would need to hire a real estate attorney to review the documents and make sure they were in proper order.
... more
0 votes 12 answers Share Flag
Thu Sep 13, 2012
Tonya Brobeck answered:
I've heard that too. Your best bet is to talk to a lender. Rachel Hawthorne with Wells Fargo does a great job for my clients 425-466-9416
0 votes 12 answers Share Flag
Wed Feb 16, 2011
Chris Loeliger answered:
Faulkland,

You can follow this link to see all the homes that are listed in the NWMLS at this time that are set to be completed in 2011.

http://www.matrix.nwmls.com/DE.asp?k=1526611XQV43&p=DE-3238487-278

Of course there are probably homes that were built in 2010 that have not sold yet either. If you would like to see those just shoot me an email.
... more
0 votes 10 answers Share Flag
Sat Feb 19, 2011
Robin Silverberg answered:
Thu Dec 2, 2010
Dan Tabit answered:
Nevzat,
I did a quick search and there are some rentals with a purchase option in Bellevue. Any agent can assist you; we'll need to know more of the details of what you are looking for. ... more
0 votes 2 answers Share Flag
Sun Oct 24, 2010
Chuck Sparks answered:
FIRST ANSWER
Hello Caltel Renter,
A quick search of current high rise rentals in in Bellevue 98004 show 9 active listings as of today. That tells me Demand is high and supply is low. Here is the breakdown: Priced between $1,300 and $6,800
1 to 3 Bedrooms;1.00 to 3.50 Bathrooms;850 to 3,000 Square Feet;$1 to $3 per Square Foot;Built between 1995 and 2009;21 to 171 Days on Market.
Hope this helps,
Chuck
... more
0 votes 3 answers Share Flag
Mon Aug 30, 2010
Jeffrey Schuffman answered:
Fri Sep 10, 2010
Bill Eckler answered:
John,

With the limited information provided, it is our opinion that your best approach would be to do what you have done..... make the property "shine" by cleaning, painting, organizing, and de-cluttering without making a major investment in upgrades.

Since "price" is the first and major piece of any transaction any money spent for renovations may be better spent but decreasing the sale price. The fact that you have had considerable traffic should be encouraging to you.....now it's a matter of finding the right buyer.

Don't hang your hat on granite and stainless.....not all buyers are in love with these features.

Good luck,

Bill
... more
0 votes 13 answers Share Flag
Fri Aug 6, 2010
Monir Mamoun answered:
A co-signer is 100% fine. You can still qualify for FHA and Nehemiah assistance and other programs. Also see about improving your credit score with LexingtonLaw.com. They can help you improve your credit score within just a few months and expand your options. ... more
0 votes 8 answers Share Flag
Sat Aug 7, 2010
Andy Johnson answered:
Good morning John,

I think looking down the I-90 corridor is a great idea. Commute times will be based on what time you leave in the morning and what time you head for home, but as a long time resident of Klahanie, and a person who commutes to downtown Bellevue daily, I think anywhere from Eastgate to Issaquah is good. I-90 seems to be the better freeway out of the three. Great neighborhoods to consider are Issaquah Highlands, Klahanie and Trossachs, but there are other great communities on the South end of the Plateau as well. ... more
0 votes 5 answers Share Flag
Sun Aug 15, 2010
No Name answered:
Hi Kraig,

My personal view is that the fact of a glut of condos in Bellevue will affect prices more than this particular event. Everyone's making deals.

In large projects like these, banks hire professional marketers who are paid on performance and they will attempt to maximize the return (or minimize the loss.) They will try to get top dollar.

I hope that helps
... more
0 votes 16 answers Share Flag
Sat Jan 22, 2011
Jirius Isaac answered:
The average real estate fees in Bellevue are 3% for the listing side and 3% for the selling side. Everything is negotiable. You can also pay on a fee for services menu. I would be happy to discuss options with you with no obligation. Just give me a call at 206-841-9976 or email me back directly any time. ... more
0 votes 8 answers Share Flag
Thu May 21, 2015
Mack McCoy answered:
Kraig, you can't do it cheaper than the pros, especially the first time. You think they have a margin? They also (usually) have a reduced cost basis for the land and economies of scale beyond your wildest dreams; on the other hand, every contractor and sub you hire will have margins, too.

All the best,
... more
0 votes 16 answers Share Flag
Fri May 14, 2010
Christopher Lefebvre answered:
I am not familiar with the laws in WA, but here in Massachusetts, a buyer's agent agreement isn't required for an agent to assist a buyer and obtain a commission split from the listing broker. We are required to provide the parties with an agency disclosure indicating our license number and which party we represent and to what capacity. I know some great buyer's agents in your area if you need any referrals. ... more
0 votes 9 answers Share Flag
Thu May 13, 2010
Don Tepper answered:
You'll find cash buyers at your local real estate investment club. Here's a link to real estate investment clubs in Washington: http://www.creonline.com/real-estate-clubs/wa.html

Note: Even savvy all-cash buyers will have questions. Or their needs may change slightly. Or they may temporarily not be buying for lots of reasons.

Hope that helps.
... more
0 votes 5 answers Share Flag
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