Where do you want to buy? If you are living abroad and continuing to, you should seek lending options in the country you are in. US Banks primarily finance US properties, as conventional mortgages. If you are living in a country where you are residents or citizens, and plan to live there for a while talk to the local banks about the options.
If you are hoping to buy it the state as investment property, you will have a more difficulty as there is little for the US bank to pursue if you were to default, except the property, thus a large down payment is their security.
If this isn't what you were looking for, give us some more information and we can try to help further.... more
I like Robbins and Company. Find them at http://www.robbinsandco.com/ They just completed a very fair bid for one of my shortsale listings that has a sinkhole situation discovered in the crawlspace.... more
When it comes to any safety/crime related issues, it's always best to contact the local police department with all your questions, hear all there is to hear firsthand. If unfamiliar with the area(s) do revisit more than once and at different times of day, possibly chat with locals/neighbors. Real estate professionals are prohibited from steering, enticing a buyer to purchase/rent, or not, in specific neighborhoods.
Lower Queen Anne is a relatively safe area. Having said that, there are a lot of tourist and entertainment activities in that area, which usually does call for higher risk but do I feel safe walking alone in the evening? Yes! Are you considering moving to Queen Anne? I will be more than happy to answer any specific questions you may have. My contact information is below so feel free to email or call me at your convenience! Thank you.
Christy Kim, ABR
Real Estate Broker/Investment Properties Specialist
Certified Short Sale Negotiator
Atterberry Real Estate Group
206.235.3427 (Mobile) l 425.645.8123 (Fax) l firstname.lastname@example.org... more
I have lived in Kirkland on the Eastside for over 20 years and now live in Ravenna (Seattle near
Laurelhurst) for the past 3 years. I love Seattle. Magnuson Park has a huge playground, indoor
soccer, fitness club, walking trails, off-leash dog park and beaches on Lk Wash. Everything
but Costco is minutes away. I would rather travel I-5 than 405 and there are many arterials
you can use and avoid the freeway if you want.
Yes because you are not on the loan and have no liability to make payments to the lender as You did not borrow money. Now Washington is a community property state so consult a tax pro on the tax ramifications of that but you should be fine based on what I know.... more
Just some thoughts to keep in mind when you are looking at commission. It IS negotiable. The customary rate is 6% (which means the brokerage fee is split 50/50 between the listing agent and the selling agent, equaling 3% to each side). Specifically the 3/1.5 means that the commission structure is 6% on the first $100,000 of sale price and 3% on anything over and above $100,000 ---- hence the 3 and 1.5, because it is split between the listing and selling agent. The other common commission structure is 7% - which equates to 3.5/1.75.
Remember, as a buyer who is looking at listed properties with a licensed agent---sellers who have signed listing agreements and whose properties are listed on the NWMLS have agreed to pay the brokerage fee. The agent that you work with is representing you, although they are paid by the seller upon a successful closing, according to the terms of the listing agreement.
Hope this helps and Happy House Hunting!... more
It depends on where it is on the Eastside. Assuming it's priced right and in "show" condition, a home in this range around downtown Bellevue could sell in a couple of days. If it's in Issaquah, it could take a while longer. Real estate is all about micro-markets so it helps to know the exact city/neighborhood.... more
Hi there! We handle a lot of rentals for clients and are often contacted when individuals want to avoid scams. My best advice to you if you are dealing direct with the landlord is to take these steps:
1) If you haven't already, ask the landlord for their first and last name -- once you have this in hand, verify again public tax records -- typically you can visit any counties website and look up PUBLIC RECORDS. The landlord's name should match. Note: this is not a guarantee it is not a scam, scammers are smart -- but this is a good first step and gives you an opportunity to question if the name is different
2) If it sounds too good to be true, it probably is
3) Google the property address, look for discrepancies in their ad. For example if you see a rental on craigslist, trulia, zillow, etc and it is listed for $1100 a month but you see the SAME property on a real estate brokerage / agent's website listed for $1800 -- the scammer most likely copied photos and listing info off the legit ad, in some cases will post using the agents name in the ad with a link to the scammers email address. Again, if it sounds too good to be true...well move on to the next one.
4) Don't assume if you can get in to a property the person is the property owner, we had an instance where a scammer broke into a vacant home for sale and showed the property, signed a lease and took hefty cash deposits and rent and was never to be seen again.
5) Unless you are working with a licensed agent / broker or you know the owner personally, you should not write checks for deposits or rent unless you have PROOF the indiviudal you are speaking with is the owner. How do you do this? Simple, when you are at the point where you are being asked to provide monies, let them know that rental scams are a big problem on the internet and that you would like to see legal ID before handing them over money, if a legitimate owner this will not be a problem -- if it is, move on to the next one.
6) Be very cautious of landlords who indicate they are out of town and not available and need funds wired. This is not to say that an out of state landlord won't rent their home but again, this matter can be resolved by following steps above.
Great video from GET JESSE on King 5 news on our website that talks about rental scams here in the NW: www.searchseattle.net/rentals.php
I do not know the law in WA, however in my experience a month to month lease would expire at the end of a month and be renewed by the owner for another month. If during the month the ownership changes hands the tenants should be able to remain until the end of their lease (end of the month). Once the lease is expired I do not believe they have any right to remain. The tenants should be talking to the new owners about the possibility of renewing and at what terms. I would suggest they consult a Real Estate Attorney who is familiar with your local laws to be clear of their rights though.... more