Ubersalad
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When the hell is there going to be bailout that I can use! *#!& this @#$&!!!
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Poor guy, I am sure he's regretting about all this publicity now. Tim, you should also interview the representative from Bellevue Tower. He actually made a comment in the Seattle Times' comment section in response to the accusation. Actually, wit…
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All these so called "victims" have all had multiple mortgages under their belt. One of them who can't speak English apparently just graduated from UW.
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Truth came out, this guy is nothing but a real estate scam artists/flipper. The man signed 8 deeds of trusts in the last 4 years and failed to mention that he "owns" the limo company he is making $20,000 a year from. Great job idiot, way to pu…
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They closed the thread, so I can't post there anymore. But come on, it is clearly a case of betting condo appreciation and flipping for profit. With his income, he can't even afford HOA dues, let alone paying for the mortgage. Unless the Chase br…
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There's nothing to say about the sad story. Move on.
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I don't think it's wise to comment on this story.
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Markor wrote: In my old fairly-high-end Eastside neighborhood with ~80 homes, there are now 7 houses for sale at peak 2006 prices, some for 6 months now. I don't understand it either. Those homes are targeting the rich GOPs that live amongst …
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Had I known about this, I would have posted signs on my front yard.
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deejayoh wrote: If I am a builder who has a construction loan on a property, I can't just go and lease those units for a year, can I? Seems to me these guys are looking at refinancing/converting their financing in a pretty difficult market if the…
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The whole story is about simple minded people looking for get rich quick schemes.
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rose-colored-coolaid wrote: mukoh wrote: RCC, How can you really average it out unless you pin the areas. For example Bellevue is going to have Medina, Enatai, Yarrow Bay, Clyde Hill, Somerset, and the likes included which have been $400-$500…
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The Tim wrote: Sympathy meter: 0 He should have been visiting SeattleBubble to know that buying investment properties in the outskirt of Seattle = high risk.
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"His mortgage is $18,000 a month – much more than he can afford – and he is starting to miss payments. At press time, he was two months behind." Ok...and somehow he qualified for the mortgage? I feel bad for this guy, where's the link to donate …
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I smell a big fat fish.
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rose-colored-coolaid wrote: EastSider wrote: Bellevue home Sold on Oct/6/2008 for $495k Currently listed for $359k (a 27% drop in less than than 27 days!!) ZEstimate is $569k So...bank repo damaged by those evicted. I'm sure we'll…
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EastSider wrote: Kirkland home Sold in March/2008 for $827k Currently listed for $750k (9% drop from the Mar/2008 price) ZEstimate is $921k http://www.redfin.com/WA/Kirkland/13353 ... ome/431286 Should also point out that it is only…
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AME wrote: I wasn't sure if this was the right forum to discuss this but I would like to start a thread discussing loan modifications. I have been reading different forums across the internet about distressed homeowners getting modifications to t…
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victorchai wrote: This one is pretty...but still not worth 1.5m...these zestimate just keep the seller's fantasy going... I disagree, and I remember this house. It was updated I think within the last 10 years. Also, this is in Vuecrest, which…
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Hah, very nice!
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EastSider wrote: Clyde Hill home Sold in Nov/2005 for $1.01m Currently listed for $950k (a discount of 6% from the 2005 price; 45% below the current ZEstimate) ZEstimate is an amazing $1.72m http://www.redfin.com/WA/Clyde-Hill/341 ... o…
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Credit card companies are reducing credit limit actively to protect themselves. This shouldn't come as surprise as credit market. deteriorates.
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WestSideBilly wrote: Charles Dean wrote: I can see why people would think of it as a scam, since you are essentially paying for an insurance policy that protects the lender and not you. But if you didn't have PMI on your house, then what woul…
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WestSideBilly wrote: EastSider wrote: $813/month HOA! :shock: With amenities like these, $813 sounds like a bargain...NOT. Common Features * Cable Television * Club House * Elevator * Exercise Room * Fire Sprinklers * G…
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PMI was the standard for borrowers without 20% downpayment, and in many cases it actually make more sense than to get a 20% HELOC or paying 4% higher for a fixed 2nd mortgage. Once this storm blows over, PMI will probably return as the standard for …
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http://www.redfin.com/WA/Bellevue/9671- ... ome/252160 I guess he's got more... http://www.redfin.com/WA/Fall-City/2761 ... me/2081870 I think he went from Subprime Lender rep to selling the same houses he did mortgage on, which are now for…
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EastSider wrote: Bellevue land Sold in Dec/2006 for $950K Currently listed for $729K (23% discount from 2006) ZEstimate is $1.043m http://www.redfin.com/WA/Bellevue/1027- ... ome/250940 At least put up the lot size. I know the ag…
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Oh I missed the lot size. All I saw was the crappy house. Ps, where exactly is the "heart of Bellevue"...?
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Markor wrote: EastSider wrote: Bellevue Home Sold in Jul/2006 for $940k Currently listed for $725k (22% drop from 2006) ZEstimate is NA http://www.redfin.com/WA/Bellevue/217-1 ... ome/507800 Now if only more sellers knew to cut pr…
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EastSider wrote: Land in Bellevue Sold in Aug/2006 for $1.05m Currently listed for $848k (19% drop from 2006) -- is this a subdivided lot? ZEstimate is $894k http://www.redfin.com/WA/Bellevue/9827- ... ome/251916 This is pretty damn…