Help- Forced to Buy A House in Seattle in the next 6 Months!

Anything and everything relating to Seattle-area real estate.

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Re: Help- Forced to Buy A House in Seattle in the next 6 Months!

Postby mukoh » Wed Nov 25, 2009 1:44 pm

This is the site I use when putting a place up for rent myself. A good guide on market and what is out there.
http://www.zilpy.com/
mukoh
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Re: Help- Forced to Buy A House in Seattle in the next 6 Months!

Postby Scotsman » Fri Nov 27, 2009 3:50 pm

What sucks even more than paying $2200 a month in rent is paying $2200 a month in interest plus taxes on an asset (property) that is falling $2200 a month in value. Now that's a party!

When I was in banking the rule was to lend a doctor whatever they wanted. In general, they were terrible businessmen and wildly optimistic about their futures. But it was OK because they (almost) always made so much money that they could dig themselves out when it came time for the discipline. ;-) Now, I'm not so sure they'll be able to do the digging- the truly big money is mostly gone, and the government may ruin their futures. Hold off- you won't be sorry. Try having some real savings... for when that truck hits you.
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