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Real Estate-Res. category.
Advice and information on finding, investing in and managing residential real estate.
Buy dirt - they aren’t making any more of it.
Seriously, does anyone think buying real estate - commercial/industrial especially in the Puget Sound area is a bad idea? Please me know why. I just don’t see it. We are expected to welcome an additional 1.7 million people to this area in the next 30 years. THE best article I have ever read about Seattle appears in September issue of Smithsonian Magazine. Truly, you will understand the appeal of this corner of the world after reading it.
There is going to have to be some imaginative financing/seller financing/trades going on for awhile - but it really will be good to get back to old fashioned basics. There are tremendous value now - instead of “pie in the sky” value - real honest to goodness value here in the Northwest.
This whole mess with the financial institutions vaporizing and the trickle-down affect it will have, reminds me of a scene from Dr. Zhivago when Geraldine Chaplin’s character thought of her life of affluence and then how a dozen families were living in their former home and said: “It is much more fair”. Get ready for a lot of “fair”.
DEJU VU? It’s the 80’s again.
Anyone that was in business in the 80’s through to 1995 remembers the Savings and Loan meltdown. FSIC? Remember when you THOUGHT that meant you were insured in your savings up to $100,000? only to find out you were insured UNTIL the FSIC ran out of money? Of course that could never happen today.
Gas […]
PART 1 OF 6 - SOUTHPARK ANOTHER FREMONT? NOT!
WHAT WILL MAKE THE AREAS BETWEEN THE DUWAMISH RIVER AND SR 509ONE OF THE HOTTEST IN SEATTLE BY THE YEAR 2020?JOBS, TRANSPORTATION, HEALTHCARE, HOUSING and QUALITY OF LIFE
- “Take a close look at one of Seattle’s last bastions of blue collar. Today’s Georgetown, South Park or Sodo could be tomorrow’s Fremont”- Paysha Stockton, Seattle […]
BETWEEN THE DUWAMISH RIVER AND SR 509 - SOUTH PARK’S FUTURE
I will be starting a six-art series on why I believe this South Park area to be one of the hottest in Seattle now and into the future. Check out my ideas and send me comments. I look forward to hearing what other people have to say about this best kept secret - South […]
SOUTHPARK
South Park lies south of SODO between the Duwamish waterway and Georgetown to the east and east Marginal Way/West Seattle to the west. The Duwamish people were the original inhabitants of the area, using the land to fish, hunt and for agriculture. While Georgetown became industrial, South Park remained mostly agricultural and was home […]
Questions about HUGE assessments By Elizabeth Rhodes
Home Forum
Try to seek compromise when noise annoys
By Elizabeth Rhodes
Seattle Times staff reporter
Related
Q: During the nine years I’ve owned my Redmond condo, homeowners’ dues and occasional special assessments have been reasonable. Now a new special assessment will effectively triple my housing expense - a real hardship for me.
I feel the homeowners’ association is playing […]
More Condo Information from the Seattle Times
Conference targets condo owners and community associations
By Seattle Times staff
Condominium residents and their counterparts in planned communities are often challenged by homeowners-association issues: how to deal with owners who threaten to sue, how to ensure that enough money is being collected for repairs, how to hire a great manager.
Owners can learn about those topics […]
DEFUNCT AND/OR AILING LENDERS 8/30/07
“Imploded” Lenders:
144. <http://ml-implode.com/imploded/lender_GroupOneLending_2007-08-30.html> Group One Lending
143. <http://ml-implode.com/imploded/lender_AllstateHomeLoansAllstateFunding_2007-08-28.html> Allstate Home Loans / Allstate
Funding
What do Bellevue, Redmond and Seattle have in common?
During this century the Puget Sound region’s population is expected to double to over 3.5 million people. We are still enjoying boom-town in this area compared with the rest of the U.S. Between Redmond to the NorthEast, Bellevue to the East and Seattle in the West, there is a combined 60 million square feet […]
A DO IT YOURSELF GUIDE TO R.E. FAILURE
Here is a do-it-yourself guide to blowing a valuable real estate deal. One of my neighbors in the industrial part of town owns most of a block nearby. I will call him Neighbor#1 (N1 for short). Another neighbor owns a right of way and a large piece right in the middle of the block. […]
