Niuska
About
- Username
- Niuska
- Joined
- Visits
- 0
- Last Active
- Roles
- Members
Comments
-
biliruben wrote: http://www.redfin.com/WA/Seattle/818-NW-75th-St-98117/home/495343 Heart of pink-pony land, 519K in 2006, asking 483 now. That one just sold two weeks ago at $439,032. Now they are asking $483,000. Good luck with that…
-
EastSider wrote: I must say that this is a pretty nice condo (though it's still priced higher than what I would pay for a condo; plus dues are $567/month) The dues are crazy. That is a nice car payment. That will be the next thing to cr…
-
From the recent sales at Cleveland in Redmond, the builder is still getting $330,000 recently for a few 1 br 1 ba condos. That person who paid $450,000 a year ago really got screwed. That short sale is going to be a real comp killer for everyone in …
-
How would you like to live a few doors down and have that $1 house as a recent comp? :twisted: That is a zillow killer.
-
perfectfire wrote: This is what a stripped house in Detroit looks like if anyone is wondering: http://www.zillowblog.com/the-remains-o ... e/2008/08/ I want to go on the record as saying that I think Seattle will be even worse than this. …
-
biliruben wrote: http://www.redfin.com/WA/Seattle/5533-3 ... ome/313015 Sold: Jun 01, 2007 $859,500 Asking price: $669,950 Plus $5,000 buyer bonus if closed by 9/30/08. Agent is owner. That house didn't make any sense to me las…
-
perfectfire wrote: Rents on SFHs in Bellevue are around $1/s.f. Is it more expensive in Issaquah? While Bellevue might be better in terms of location, most of the SFMs and townhomes are fairly old and they show it. At least that is my impr…
-
EastSider wrote: Niuska wrote: At $350,000 it would almost be worth buying as an investment to rent. 3 br and 2.5 ba. 1,500 sq ft. Plus it is in a good location close to Issaquah Highlands Transit Center and all of the shopping in Issaquah dir…
-
Markor wrote: Niuska wrote: http://www.redfin.com/WA/Issaquah/23120-SE-Black-Nugget-Rd-98029/unit-CC2/home/12021633 It looks like this condo is not doing nearly as well as once hoped. I think it is still owned by the developer based on my d…
-
http://www.redfin.com/WA/Issaquah/23120 ... e/12021633 It looks like this condo is not doing nearly as well as once hoped. I think it is still owned by the developer based on my driveby today. There were three on the list. I don't think it has ev…
-
cheapseats wrote: $580k http://www.redfin.com/WA/Mercer-Island/ ... ome/260039 and they aren't flying off the shelf Listing Price History Date Price May 16, 2008 $699,000 Jun 25, 2008 $649,000 Aug 13, 2008 $579,999 That Mer…
-
jon wrote: . I prefer the advise in the Bible: "let your yes be yes, and your no be no". If you have to promise, it implies that if you don't promise, you don't really mean it. I replace the word "promise" with the word "agree" (in my mind). …
-
Which would you rather have? a) $100,000 annual passive income (based on $2 million in assets) and all of the free time in your life? or b) $120,000 per year in a job that requires 40+ hours per week of labor and the continuation of that i…
-
jon wrote: If you take a job, you may be asked to sign a corporate policy statement that says if you steal something from the company, you will be fired. Does that make it ethical to steal, because you are simply accepted the terms of the contract…
-
jon wrote: I checked my mortgage, and it says "I promise to pay X with interest to the Lender." So ethically, you are breaking a promise if you walk away, especially so if you have the means at your disposal to keep that promise. That is so…
-
If I were in that situation I would also walk away. There is no ethical issue involved. This is a smart financial move. There is nothing "honorable" about making huge payments on a home that is a pit financially. Smart business people face this s…
-
I doubt they will "fail" in the way that some smaller banks fail. With smaller banks, they disappear on a Friday and reopen Monday as a branch of the FDIC. With a larger bank (like WaMu) they will be pushed by regulators to make a shotgun marriag…
-
Alan, I agree with you on that. It will take years to get this all worked out. After most people take a pounding on a bad real estate investment (or lose $100,000 in their home) then they will be more cautious in the future. I also take a long t…
-
Alan wrote: Niuska, Investors here are willing to accept a lower rate of return that you are. Will that change? I have no idea. When capital was cheap (easy money via loans) then investors were willing to accept lower rates of return. …
-
rose-colored-coolaid wrote: Here in Seattle, we're only really 9 months in and a swath of people seem to have already accepted it's a declining market. Look on redfin, prices are getting marked down (albeit not by much) after less than 30 days on…
-
Just to clarify, even though I make cash bids, I base my calculations on the cost of money and what the price would be if I financed 80% at the current interest rates. Anything rational (for investment purposes) needs to be at least cash flow neutra…
-
on Wed Aug 15, 2007, sniglet wrote: sniglet wrote: When we hit 200 we will know something really strange is afoot. I now see 209 properties for sale in 98008. Are we there yet? Or do I hear any bids for 300 by April 2009?
-
david_mcmanus wrote: Kenmore home Sold in Dec/2005 for $460K Currently listed for $410K ZEstimate is $514K 347 days on Redfin. http://www.redfin.com/WA/Kenmore/19914- ... me/8186542 410K for a 2500 sq. ft home. $163 / sq. ff. 2003…