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  • rose-colored-coolaid wrote: 1) Lend to deadbeats. 2) Do not collect payments. 3) Close down business. 4) ... 5) Profit! 4) cover your shorts?
  • rose-colored-coolaid wrote: Agreed, the Orange Crane is not endangered in Bellevue. Does anyone know how many of those are commercial vs condos? I assumed both were represented, but would be curious to find out what the split is. Not exac…
  • deejayoh wrote: redmondjp wrote: Thanks, Tim! I found this person's site in the comments on this seattle PI article (which, appropriately enough, features another fix-n-flip): http://seattlepi.nwsource.com/local/324937_fixer25.html …
  • Got your links mixed up, here's the article I think. http://www.signonsandiego.com/news/busi ... fault.html
  • femto wrote: Behold another amazing unflip: http://www.redfin.com/stingray/do/print ... -id=964775 Purchased one year ago (07/07/2006) for $390,000 now on the market at $509,000, a pretty audacious 30% gain in one year. So what did they ac…
  • sniglet wrote: For what it's worth, inventory in East Bellevue (98008) seems to be pretty stable. ZipRealty reports 74 listings today (7/6). We've been in the mid-70s for a couple months now. Also, in my regular bike rides around Lake Sammamish…
  • phinneygirl wrote: Here's one I just found. http://www.redfin.com/stingray/do/print ... -id=728255 List price: $599,950 Last sale: $160,000 in 2001 Zestimate: $411,230 Prop. taxes: $2767 IS THIS PERSON GREEDY OR WHAT?! I think th…
  • meshugy wrote: I suppose you could try and buy a house today and tell the seller he's "required" to sell it to you for $19K less the asking. But something tells me you'll just get laughed at... Doubtful, there are so many houses sitt…
  • At least the Times is a bit more honest than the P/I. It may not be much, but it's a start, it's the first hint of things aren't as good as last year I've seen in either paper....and now another hint. What gives? Local home-sales market is sof…
  • I don't know, the focus isn't that soft.
  • femto wrote: Behold the Ballard unflip: http://www.redfin.com/stingray/do/print ... -id=353437 Is this really the same guy? http://seattlebubble.com/blog/1982/04/1 ... en-thread/ Update: the Sales Manager at Huling Brothers that …
  • http://www.redfin.com/stingray/do/print ... -id=795952 $1,195,000 13419 NE 27th St Bellevue, WA 98005 MLS: 27096298 Bought: 01/12/2006 $825,000 What do you get for your $370,000? A "contemporary fixer" with "permits [that] are almost rea…
  • femto wrote: Interesting reflip near Greenlake. On market now for $829,000 Sold 01/22/2007 for $750,000 Sold 04/24/2006 for $525,000 http://www.redfin.com/stingray/do/print ... -id=780115 Seems pretty gutsy to think they could tack anot…
  • Isn't that a foreclosure sale? link
  • biliruben wrote: ... Here's my favorite renovation. I call it the The Renovation of the Self-Righteous! Purchased in 2004 for $549K A litany of renovations, which this dude refers to as "re-constructions" were done. It was put on th…