davidlosh@davidlosh.com
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You should sell both properties you have equity in. You are obviously not Real estate investors, and own properties that may, or may not have value. See what you can get first. The row house may have some value, maybe, you could hold onto that, b…
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Oh, alrighty, let's go back to a ray trick that I have been giving him a hard time about. You are proving a point that in many areas it is getting cheaper to buy than it is to rent, but that will change. In the 1980s there were a lot of wrap arou…
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I have used the phrase, "Buyer will do any, and all work orders in order to make the property bank financable." I haven't done that in a lot of years, but it was common at one time. If the deal was signed around then the seller had agreed to me b…
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Completely inappropriate. This person is asking for a way around an inspection report, and personal observation. That's the statement. Your entire dialog may be appreciated as a recommendation, then turns silly. You are not an attorney, you…
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The suggestion that the post be removed from the internet is inappropriate.
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Real Estate is a commodity. There are times to buy and times to sell. For the past five years it's been a time to sell property for what ever you can get. The people who buy those properties have a strategy. Many times people are "sold" properties b…
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This is a discussion that I personally have with every brokerage that I have ever worked for. It is cheaper, and easier, to buy and sell properties for yourself, or for an investor, than getting out there, and hustling up those listings for sale. …
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This is one of those times a Real Estate agent can help you. In the remarks of the house you chose for $750K it says Owner/Agent. It would be nice to see who the owner is and how much they paid. Then you would to a Comaparative Market Analysis and u…
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I don't think so.
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Let's say you want to buy or sell a property, today, where are you going to get advice? Then even if you get advice what are you going to do about it? There are so few resources in Real Estate that it's spooky how far the system has spun out of c…
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Most blogs that I look at concerning real estate are sales sites. The redifin site is no different. This site has never deleted comments except when it was discussed. In transparency, if there ever was any intention to have transparency, that's the…
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Boy did that go sideways. Rain City guide changed it's format and then brought on a real estate brokerage to provide home searches. It was done in an odd way. It appears they didn't inform the contributors, I mean the people who posted articles. …
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Debt is the only thing that matters. A mortgage is a debt instrument. Beyond making the interest payments it at some point gets paid off. It used to get paid off, now it gets refinanced, or the property gets sold. The mortgage gets sold, some …
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Family dinner time is a great example of quality of life. In the 1970s you could have a comparative lifestyle to others by being frugal. With consumerism in the 1980s there was a wider gap between having and being frugal. There was still a toss o…
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You're right I should have laid this out better. You can retire by doing some simple things, like make a budget, work, save, invest, and build up equity. In the 1960s that was certainly a wise thing to do. Even in the 1970s it was possible to bui…
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From the beginning here on the Seattle Bubble I have always said it is a good time to buy. It's what you buy and how much you spend. There are things the data doesn't tell you. Here's the frustration for a lot of Real Estate Professionals; peo…
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Let me say that leverage is another trap and will be for many years to come. A part of the purpose here is that I advocate paying your property off, rather than getting another mortgage, ever.
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I own a lot of cars, and buy used. My mechanic and the guy who has sold me more than a couple of cars also told me I should buy new. My mechanic is a fanatic about cars today being better. he installed the first cat coverter then did the replacem…
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The Millionaire Next Door is one book and Rich Dad, Poor Dad is another. It's a discussion, it's one I have constantly. Retiring is pretty simple if you settle for less. If you keep to the path of the straight an narrow you can achieve everything…
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RCC, the guy who wouldn't let his kids go on the field trip was sticking to his principles as a life lesson for his kids. His sacrifice was for the family vacation that was in the budget. I don't have a particular judgement about that, It's more of …
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The Real Estate market never changes. I don't know how many times I can say that. In 2005, 2006, 2007, 2008, It was a time to sell. 2009 not so much because it is a lateral trade. Real Estate is worth what it will rent for, maybe a little more, m…
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I have worked for the government and was very pleased to see how my tax dollars were being spent. Two people who I know, one in the service who is re upping, and the other enlisting, are motivated by the economy of the private sector. My concern …
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Let's look at retirement. In Real estate you can retire with five housing units owned free and clear. one to live in, and four to rent out. Out of the four rentals, one should cover taxes and insurance on all units, one for living expenses, one for …
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Cat converters are made with platinum. Did you know that? It's the most bizzare thing. So yes putting them in, two so far, was cheap, the cost of the unit was expensive. I really have come to the conclusion that cars today aren't what the used to…
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I use to agree until we bought a 1998 Jeep Cherokee in line 6 cylinder. At 100K it had problems, catalytic converter being just one. There is a guy who sold me used cars for our business who told me we needed to start buying new. So far he has be…
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It is easy to live debt free, pay off debt, get out of debt. It's a step in the process. There are no specifics here though. My specific concern is mortgage debt. If people pay down the principle balance in the front end of the loan the loan amor…
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BTW our assessment came in yesterday and is lower.
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Let's address this site which is supposed to be less biased than the Real Estate sites. Agents come here, make comments, then get shouted down, and they go away. Some of these people have information you can use, but you wouldn't get it. At th…
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faster wrote: The house I'm renting in 98008 just got it's value assessed at about 18% less - came in the mail last week. Kary Krismer does not read Seattle Bubble, but he does reply to posts here. This shows at the bottom of the com…
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Debt has changed. If we do have deflation, if we do have a lagging economy, then we will be paying debt with real dollars. Future dollars in my life time have always been inflated. The more inflation the less the dollar was worth. It was easier t…