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Home Buying in 98133 : Real Estate Advice

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  • Home Buying4
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Activity 300
Wed Mar 8, 2017
George Brain answered:
I have q great contact that can help.
Contact me directly for a referral.
George Brain is a Real Estate Broking Serving Seattle, the Eastside, and Palm Springs
Communities
0 votes 8 answers Share Flag
Sun Apr 28, 2013
Ryan Duncan answered:
Yes! The Lenders Network did just that for me and my family, I picked out a few homes I wanted using their Realtor they game me. Have an attorney they got me with working on my credit, and got me an investor to purchase the property for me so far so good, the Law Firm they get got me with has been great we love our home! ... more
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Sat Feb 21, 2015
stephen webber answered:
Good Morning
I think in todays market its critical to learn your market. Know which are the best buys in the price range and area you are searching. I have taught a process that will assure you know your market to over 25,000 home buyers in the Seattle area. You will find it outlined at Your-Road-Home.com.
Properties are moving so fast many people are over paying in the heat of competition. Gather up as much information as you can before you buy and be sure to have an inspection. And if you are a first time home buyer the MCC Tax Credit is amazing.
Trulia is also a good source of information and when you are ready you will find Seattle agents and loan officers offering their services on Trulia
Best of Luck, stephen webber
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Mon Apr 15, 2013
Bob Savage answered:
Was the listing a short sale? If so, the most likely explanation is that the buyer got tired of waiting or found a more available property or the seller's lender did not approve a price that the buyer found acceptable. This is just speculation, however. My best advice is to ask your real estate agent to make an inquiry of the listing agent. ... more
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Wed May 1, 2013
Kary Krismer answered:
First, I would totally ignore Zillow. It is not very accurate, so not something you should base any decisions on. Your ability to negotiate price will depend much more on the market in that particular area for that type of house.

Second, I can't tell what you're asking about with a dual agent from the facts you're giving. In Washington unless you've signed a buyer's agency agreement with an agent, it's very unlikely you really have dual agency (as opposed to the agent incorrectly thinking they are a dual agent.) If the agent has a listing agreement on a house, then chances are they would always be the seller's agent. If the agent does not have a listing agreement, then chances are they are the buyer's agent.
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Fri Apr 12, 2013
Sam Sugarman asked:
Mon Apr 15, 2013
George Brain answered:
Hello Juicedformovin:
the general North end of Seattle has been evolving and changing over the past few years.
With the onset of the development of South Lake Union, the landscape of the area and its surroundings is growing and changing. And hence, the migration of residents into Westlake has increased as the area is becoming more walkable / live able.
I believe that the completion of the Mercer mess, will make the area more accessible and coveted in the next few years.
Let me know if I can be of further help.
Thanks.
George Brain is a Real Estate Broker serving Greater Seattle and the Eastside Communities
206-954-5739
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Fri Apr 12, 2013
Ray Akers answered:
Yes, I work in the neighborhood in which I live. After a 27-year career in real estate, my clients needs dictate where I work. In support of my long-time clients I've transacted business as far north as Everett, south to Tacoma, and east to Yakima and beyond. It's all about taking care of my clients needs! ... more
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Tue Jul 29, 2014
Ray Akers answered:
As a Realtor, I rely upon my personal vehicle. You'll have to forcibly remove the car keys 'from my cold, dead hand'.
0 votes 2 answers Share Flag
Tue May 21, 2013
amilda_betancourt answered:
It is the surroundings, the people, the beauty, the commodity of the property, the security, the availability of sources.
0 votes 2 answers Share Flag
Fri Apr 12, 2013
Ray Akers answered:
In Seattle you can enjoy an urban lifestyle and be close to outdoor activities. You can walk along the shore, sail, jog, fish, or just relax and watch the sunset. Check out neighborhoods like Magnolia, which adjoins Discovery Park. Or, explore West Seattle, and the neighborhoods that border Lincoln Park. In NW Seattle there is Golden Gardens. Of course, the jewel of Seattle Parks is Seward Park, a pristine peninsula that juts into Lake Washington. No matter which neighborhood you choose, you're just a few minutes from a spectacular city park. ... more
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Mon Apr 15, 2013
Ron Thomas answered:
I prefer an older neighborhood, with mature trees.
But this isn't about me!
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Tue Apr 14, 2015
Dan Tabit answered:
Seanf,
Please don't risk getting an average inspection, get a great inspection. Prices vary, you can interview inspectors and review sample reports on their websites or by email. I've seen some pretty pathetic inspection reports and some inspectors I would never recommend. It's a wide open competitive field.
Ideally you want someone with a background in building who has years of inspection experience. They know their limitations and will recommend more specific detailed inspections when necessary.
A home inspector is a generalist, they know a little about a lot of things and then they refer out for HVAC, Sewer Scoping, Arborists, etc which they are not qualified or trained to address.
If you are spending a few hundred thousand dollars a home, don't be afraid to know what you are buying by getting a good inspection.
If you want a referral, contact me. My preferred inspector uses great technology, writes a very useful report and is priced competitively.
... more
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Thu Apr 11, 2013
Ray Akers answered:
Be careful of infomercials and get-rich-quick seminars held at airport hotels. It sounds like you need the advice of an experienced agent. Start by asking friends, family, and co-workers for a referral to an agent. Someone you know already knows an experienced agent that can assist you. An agent will help you navigate through all the hype and nonsense and focus on the priorities that will help become a homeowner. Good luck. ... more
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Thu Apr 11, 2013
Johan Tong answered:
I have been asking myself the same question for a while... and I have not found one. And there really can't be one since buyers' home purchase needs are all over a spectrum. I would suggest you find a Realtor to work with your needs specifically.

If you are a first time home buyer (I guess you are by asking this question!!), then your first step will be find a Realtor you can trust. I wrote a blog on how to find a Realtor. Click the link below to read:
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0 votes 4 answers Share Flag
Thu Apr 11, 2013
Ray Akers answered:
In some states, attorneys play a primary role in real estate transactions. In Washington State, the law provides for licensed real estate brokers to handle real estate sales. Attorney's often compliment the work of agents, but they are usually assisting in an advisory capacity. There are attorneys that specialize in real estate law, and you should seek out an attorney who specializes in real estate if you have an issue involving real estate. Good luck. ... more
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Thu Apr 11, 2013
Dan Tabit answered:
Trips,
Are you an agent? Do you have a managing Broker?
VA is a 0 down financing option available to qualified Veterans. The buyer or the seller can pay closing costs, but to the seller it's equal to a discount.
The seller will also be required to repair anything that the appraiser deems a health or safety issue for the financing to be completed.
While I don't mind being helpful, there is more then I can explain here and a conversation with an experienced agent or the managing broker should happen before you submit this offer.
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Thu Apr 11, 2013
Ray Akers answered:
In some cases, people get caught up in the auction bidding frenzy and pay more than a property is worth. With auctions, you often have no opportunity to inspect the home in advance. You may be buying a home which needs many thousands of dollars in repairs.

Likewise, buying a home that is going into the foreclosure process has pitfalls. Every bank behaves differently, and many lenders drag out the selling process for months and months. More than 2/3rd's of short-sale and pre-foreclosure sales never close.

Your best bet is to buy a home that has already been through the foreclosure process and is available on the market ---listed by a broker. There are some great deals to be found, and you don't have all the drama and headaches associated with a home that is in the middle of the foreclosure process.

Find yourself an experienced agent , that's the place to start. An experienced agent can help you avoid making a big investment mistake.
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Tue Apr 9, 2013
Ray Akers answered:
A quick check of the NWMLS database shows that there are 71 properties in Seattle priced at $150,000, or less. Even with the soaring real estate market there are investment properties --in your price range-- available in almost every neighborhood in the city.

In terms of appreciation, your best bet is usually a single-family home. A condo in a convenient location is also worth considering, but there may be rental restrictions associated with a condo which are imposed by the condominium Homeowner's Association. You don't have to worry about that with single-family homes.

You're likely to get more for your money in SE Seattle or SW Seattle, but you're not limited to the southend of the city. Start by choosing a neighborhood with good schools and easy access to public transit. From there, it comes down to personal preference, location, price, etc. Good luck with your search.
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Tue Apr 2, 2013
Linda Bagley answered:
Wow, $85.00 seems outrageous for a one bedroom apartment and I am surprised an apartment would have a separate water meter read. I have a rental home 2,600 square feet and the water in mid summer might reach $85.00 per month, so I find it hard to understand it being that high, let alone metered separately.

In any event, it should be in the lease how and who pays the utilities. It may be worth sitting down and talking to the landlords about the confusion.

Good luck,
Linda M. Bagley
... more
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