davidlosh@davidlosh.com
About
- Username
- davidlosh@davidlosh.com
- Joined
- Visits
- 0
- Last Active
- Roles
- Members
Comments
-
I have lived debt free and most of the people i know live debt free. It's not worth the discussion. If you own a business and want people to do business with you there is a certain expectation from the consumer. The beat up pick up may be great f…
-
My oh my cash buyers are bidding properties up. just as i said a year ago there is tons of cash in the system with nowhere to go. Go over to the comments under the "Are you Better Off" post and see how pathetic returns are. If you buy a place …
-
designed by renowned Architects Northwest, Architects Northwest is a catalog supplier of blue prints. You can shop and buy whatever you want from the catalog and they will fit it to your parcel.
-
Again, I reread your comment a couple of times and it makes no sense. Where's the mortgage money in your comment? You see kid you make no sense, never have. I cut you a lot of slack because this is a blog. You never know who you are talking to…
-
Bad deal. A half a million dollar purchase, in Redmond, and putting over $100K down payment on a new construction 5% loan is just wrong on all counts. I personally, and it's just my opinion, think Redmond is over built with very little to supp…
-
This is a great topic for today's Real Estate purchase. If you get an employer match to a 401K great, take it. I read today that Mutual Funds are getting close to normal returns. You have a lot of kids, which is a great thing, Kids, dogs, and …
-
The loan modification and government loan programs are, in my opinion, ways of generating new mortgages. The money is made by generating the loan, for a fee, then servicing the loan for a fee, and then selling the loan to an investor, for a fee, …
-
Banks are interesting business models. You can be a bank. You probably should be a bank. We should all be our own banks. This thing about lending money or giving your money to a bank for safe keeping is a hoot. WAMU of course had, and has, plenty…
-
Yes they are playing with Pending statistics. Next month it will be the solds. The National Association of Realtors is a closed club that sells memberships. They use that money to lobby Congress and promote the Real Estate business. Last year I h…
-
budhabrad does post over there often and makes great discussion points. The person is a little off on the foreclosure thing, but from a personal perspective it is a great read.
-
It's a bulk transfer. Think of it this way: combined parcel numbers such as spot lots can be sold as a whole for years until they are separated. Combined condo units sell as one. The parcel number may transfer in the sale but the sale is for one …
-
There have always been discount brokerages. For me it was the going to Congress to make a publicity stunt that put me off. The second thing is the rebate system. Sears wanted the rebate system when it bought Coldwell Banker and had Discover Ca…
-
Greg Swann is my favorite intellectual elitist. I use him as the prime example of what's wrong with the Real Estate business. He took some classes, worked a couple of years as an agent then BOOM he's a Broker with a blog and then Real Estate expert.…
-
Every year a certain number of people need to buy and sell. Most reasons have to do with children changing schools. There are also some corporate transfers, and people who need to sell, like to settle an estate. The biggest buyer pool is people w…
-
There's about 20 in Kenmore with that limited scope of search. If you look at cancelled and expired there are more. If you count town houses there are more. If you were to just make offers to people I'll bet some one would sell for between $400K …
-
I'll go to the point. What you want and need are two different things. People come to me all the time with what they want and I say no. You're 48 with a job and want to move after retirement. Most people do want to move unless they have family ti…
-
I'll agree that at 48 you have a limited time for price appreciation. The location you picked is a so so place with very limited upside potential. You would be better off renting. Here's the deal though, you could find a place where the number…
-
1964 was after the Worlds Fair and construction was a little better than the years just before. There is however a look of the house as though it is a double wide. It was economical construction, but good. You are paying for the lot in that neighbo…
-
The question is resale value. Snohomish County also has a tax burden that in my opinion has been off set for twenty years by construction. The theory was population growth in the Puget Sound Region would drive the demand for the new construction,…
-
South Snohomish County will be risky. In my opinion anything out side of city limits will be risky for the next ten years. That would be any city in the Pacific Northwest. Some cities are more viable than others. Job Centers will be driving the e…
-
If it's common knowledge then why is the focus on the buyer in these comments? For that matter why is the loan originator the villian? The banks always seem to get a free pass. People talk about bank losses, or getting credit moving again. The pe…
-
While working this evening it occurred to me that the point being missed is that the bank is more creating paper to be sold to the secondary market rather than making loans. The buyer or signer on the note makes little difference to the bank. Th…
-
The person signing the loan documents is signing as the buyer. Read all of the documentation and you may find that the person who signs the documents meant to default. Here's how it works. The seller has a loan for a million. They bought the hous…
-
As horrifying as the Ardell posts are this discussion about the Obama camp is more compelling. There was activity in the housing sector yesterday; applications for building permits were up. So we are rolling again. The banking industry is making …
-
Here are a couple of quotes from the article provided: The tide of gentrification that transformed economically depressed enclaves is receding, leaving some communities high and dry. Christian Lander, 30, who jeered the pretensions of the crea…
-
I'm in the area all the time. My office is in the International District a block up from Raineer. I just don't like white people. Thankfully the Raineer Vista Projects are almost finished and the anticipated gentrification can fade into distan…
-
More witty banter. Easter Island is an interesting choice. The Kon Tiki theory had the islands as an extension of sea travel from Peru to the Pacific Islands. However thousands of years before the settlement of the Easter islands, in about 360…
-
This post was about foreclosures. Foreclosures aren't working to reduce the price of housing. The other post that i responded to was about the bottom working it's way up, in terms of price reductions. The reason I siezed on the term poor is becau…
-
Sure, define poor. What's cryptic about that? I didn't use the term, it was just thrown out there.
-
You thought you got away with that didn't you? What do you mean minorities? Asians are the largest population on earth, they are the driving economic force, and they do gamble. Heck, China even hepled out the United States by investing a few b…