explorer
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Sorry for not being clearer on my post. This is what I was referring to: Substitute House Joint Resolution 4215 - Proposed to the People by the Legislature - Amendment to the State Constitution The legislature has proposed a constitutional ame…
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That is why I did not understand this last vote in WA to allow further investment by the state from surplus funds to a crap shoot...
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Congrats, CreekFreak. You did not necessarily go against the general wisdom here, it seems to me. I am not assuming you took out one of the last remaining ARM's, you had a 20% down (or FHA), and you determined the payments, upkeep, and taxes were af…
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deejayoh wrote: One recent episode had a guy who bought a plain-vanilla 1300 sf rambler with no view for $675K or so, and flipped it for almost $1M! on most of these flipping shows that I have watched, they never actually sell the house. …
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I believe the point was that people are (were), paying above fair market primarily due to the too easy credit and no upfront costs, not because of the effects of staging. You cannot put lipstick on a pig and expect it to fly. You cannot fool all …
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Then, you have to acknowledge it's about no money down, ARM's, and double digit equity appreciation, which drives up the price. Otherwise no one could "afford", it at current prices.
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What that article also sez is those bonuses are about 60 percent of their annual pay. Still disgusting. These are not your typical corporations, or bonuses. How many of these guys are hedge fund managers that pay little to no taxes on that? It's …
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This also applies and relates to Appraisers. Those that are members of the Appraisal Institute and are MAI's, have an "ethical," but not full legal fudiciary responsibility to make impartial valuations. However, they do have a legal responsibility t…
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I might be more inclined to agree RCC, if the pie was expanding. That is directly opposed to what has happened in the past 30 or so years. The resources that make the pie, are not increasing. In fact, it is the size of the slices that have changed.…
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Sorry, I'm with RCC on this. Sidhha -- If you want to stay on topic, then stop going off topic. One "fact" you got wrong: David Rockefeller did not "start" the CFR. He was a director from 1949, and CEO 1970-85. The Rockefellers provided alot of …
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If I understand both of your positions RCC and Alan, RCC is talking about creation of additional goods and/or resources required to satisfy the continued needs of a society on a basic level. Alan is talking about siphoning off and charging for tr…
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Also note that the rent before conversion was $825, not including utilities or W/S/G. Not that bad a rental actually, but a sucky condo.
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Maybe they would be interested in my old apartment I was converted out of. Not in Belltown, but Greenwood. They converted and readied for sale in one month. Ugly and high-maintenance tiile throughout, right across the street from a bar, Nothing to i…
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Everybody knows who has lived though the two seasons in the Seattle area (global warming notwithstanding), that Summer arrives July 1, and lasts 10 weeks. After Sept. 15th, all bets are off. (wink). Any holidays that fall within that time frame, …
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Anyone consider looking at the developer trade journals and/or RE marketing trades? You might have to transpose from the print to get the most recent stats and what's where. Brick and Mortar Libraries are still relevent for this kind of research.…
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It may have something to do with perception and your level of skill and knowledge about computers/homes. I notice a lot of individual PC sellers will leverage the added value of all the software, drivers, etc. being updated and configured, and the J…
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How many angels can dance on the head of a pin? I dunno, why does Lyndon LaRouche keep coming to mind?
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Really Alan, you can't expect to sell those pumpkins for the max. unless you hire a company to professionaly stage them. The candles better have stainless steel bases, and sit on carved granite columns. So bourgeoisie!
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I will buy my pumpkin pies now and pay double, so I don't miss out...
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Exactamente RCC and The Tim. There are some folks who are always literalists, and do not have the capacity to comprehend metaphors, bubbles, analogies, or song lyrics. Don't expect someone who got beat at their own game and refuses to change, to …
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This excerpt makes it sound like ethics is for suckers, and not profitable. However, in the long run, short term gains can be long-term losses... Just turning the supposition around....
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I have rented from property mangers, individual owners, and apartments and there are no guarantees, especially in the current rental market. I was just condo-converted out of an apartment I lived in for 7 years, and the rent was raised a total of $2…
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perplexd wrote: Yeah, I must say that if you have cash in the bank, they see that when they do the credit report as well, so if you have no debt and by this time next year you have the same foreclosure on your recent record that any Tom, Dick &…
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You may be right singlet, but I wonder how even larger numbers of people returning to renting (assuming they do in fact stay in-city or in the region), will not increase the current numbers, with an already super-low vacancy rate of well under 2 per…
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Interesting observations by home owners on the subject. However, if you think you can easily rent again with a major ding like that on your credit record in the Seattle Area, you might be in for a bout of homelessness or an extended camping adventur…
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...``Nothing within the current marketplace allows for the hedging of liquidity risk and that's the problem at the moment.''... That sez a lot about his true motives/agenda to me... One track mind, create more of the same to get out of the quicks…
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To add to the already astute comments, I will throw in private equity companies. You know, the folks who bought Chrysler and put the former CEO of Home Depot in charge of an Automobile company... They have operated largely in the shadows, and the M&…
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Uh, when the price per sq ft number exceeds the total sq ft., $872 vs. 752, especially for a condo, penthouse or not. Elvis will never be coming back. That is actually SMALL for a top floor penthouse...
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"If I was a developer looking to get my first sales by year-end and actually start filling units next spring, yeah, I might hire someone to accidentally tresspass and start a fire." OOOOh, that is exactly the position my building and the condo co…
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Agreed RCC. Save the debt for when it counts. If you have the discipline, you can also sit on Credit Cards for emergencies, and/or use them but pay off the balance each month - cash discipline. Having a line of credit at the bank, especially if you …