Uncategorized What Can Go Wrong With An Homeowners Association?: Q: What Can Go Wrong With An Homeowners Association?:A friend recently asked me this question. His question was about downtown Seattle condominiums, but as I considered my answer, I thought it important to point out to him that the answer applies to all properties governed by an HOA (sometimes single-family detached neighborhoods). Also, I think […]
Uncategorized Magnolia – Briarcliff I interviewed the listing agent for the Briarcliff development today. They currently have two homes built and a third almost completed. Their goal is for all 39 floor plans to be different. Interesting. http://www.youtube.com/get_player
Uncategorized ThriveSeattle’s first ever video-blog: Season1Show1 Congratulations to Trent and Michelle burns. Early feedback is unanimous: You did a great job on the remodel and should do this professionally. Are you sure you want to move?! (Video looks grainy here; let’s see how it loads…) http://www.youtube.com/get_player
Uncategorized This Week: “Nothing Sells in August!” This is one of those often repeated bits of real estate “wisdom,” propagated by real estate professionals and hobbyists alike (maybe we just want to take the months off?). It is as easy to repeat as the “your first offer is your best offer” bit of counsel to sellers. But…is it true? This is a […]
Uncategorized This Week: Economic Roller Coasters, Negotiations, and Learning Modalities  How did you enjoy the ride this week? With the debt crisis “averted” things were looking up, right? The financial markets proved that it just isn’t that simple. Opportunity though, often comes from uncertainty. Some say that the Chinese character for “crisis” is the same as that for “opportunity.” For those who feel that now […]
Uncategorized ThriveSeattle Salutes Evan Fein ThriveSeattle is just over 1 week late in congratulating member Evan Fein for his recognition last week by the Puget Sound Business Journal as one of its 2011 “40 Under 40” Honorees. He then went on to a strong finish in Seafair’s Olympic Distance Triathlon, with his father and son also competing that day. Well […]
Uncategorized Raise the roof?! A buyer takes head-on fears of the debt ceiling debacle An investor friend/client of mine came up with what I thought was a good, straight-forward approach to his concerns that the August 2nd debt ceiling date could bring unpleasant and unwanted surprises to his assumptions regarding his loan package: He simply asked me to draft language that expanded and better specified the rights and options typically provided by […]
Uncategorized Mosler Lofts PH2 discussion (now containing a variety of real estate concepts) http://www.urbnlivn.com/2011/07/28/mosler-lofts-ph2/#disqus_threadI thought some of you might enjoy this discussion. It contains:-view preservation-flipping-distressed v. non-distressed sales-finishes-title issues
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Uncategorized Older Version of Radiant Dining Room Heat I recently found this in an old home built almost 100 years ago for a man who would become a Seattle retail and customer service icon. Any guesses on who and where? (Oh, and please don’t miss those doors at the top; presumably to keep food warm).
Uncategorized Smooth (Short) Sale-ing? I’ve been surprised and impressed with Bank of America, the lien holder for a client’s short sale at Cristalla. They agreed to a short sale on May 19 and we listed at their approved number. By June 16, we were at their second approved number of $407,633. On July 14, we are at their third […]
Uncategorized New Listing at LUMEN Congratulations to Dan and Giorgio on their new listing at LUMEN (2BR/2BA/1,287sf/$648,000):Pedigree. Born of an understanding of flow, of how we move in spaces. An expression of minimalist aesthetic with a nod to new realities and patterns. A light-filled building, near centers of new economy: digital, biotech, and philanthropic. Two homes combined in a unique […]
Uncategorized Insructive New Construction Analysis by UrbanLivn.com http://www.urbnlivn.com/
Uncategorized Fannie Mae and Seattle Inventory (condos, in this case) Here’s a bit on Fannie Mae’s influence on the Seattle market, thanks to Jeff Reynolds and his UrbanCondoSpaces.com blog: http://www.urbancondospaces.com/fannie-mae-the-seattle-condo-market. It seems that these owners of foreclosed properties and holders of debt for properties in short sale are beginning to understand the importance of meeting the market…I’ll post later today or tomorrow on a recent short sale […]
Uncategorized #1103 Now at $599K (1BR+den/1.5BA; 1104sf; Space Needle and Sound/Olympic Views)
Uncategorized As you wiiiiish…Princess Bride at Green Lake; Free this weekend http://blog.seattlepi.com/ingreenlake/2011/07/12/the-seattle-public-theater-at-the-green-lake-bathhouse-presents-a-free-production-of-the-princess-bride/
Uncategorized How King is Cash? Someone told me today that he expects to drive a good deal in a Seattle condo because he has cash. That is sometimes the case, but I have seen sellers balk at too-low cash offers, opining that concerns about financing are overblown. Here are the Q2 numbers for downtown Seattle, all price points: Financed Original […]
Uncategorized #707 Being cleaned… #707 is a 559square foot east facing studio with parking. This photo is taken from the home next door, but is essentially the view. It is currently bank-owned. I had a chance to view the inside of the property today. It appears in good condition with the exception of: odors from cigarette smoke, broken glass in […]
Uncategorized News Station at Mosler on 6/14/11 regarding Water Incident I was told (but haven’t verified) that a local news company (KIRO, I believe) was at Mosler yesterday, interviewing residents as they came through the lobby about the recent water issue. Unfortunately, this incident seems to continue with “legs” as a “flood;” which sounds more like a building defect than anything else. I don’t think […]
Uncategorized Nuevo Craftsman Battles Modern Friend Cole Thompson posted this photo and a healthy debate ensued. Which is out of place? a) Modern b) Nuevo Craftsman c) both? (Honey Bucket is not an acceptable answer)
Uncategorized Mosler Lofts #1103 A friend just asked at Mosler Lofts #1103, which traded at $622,500 on January 6, 2011. It is an 1104sf, 1BR+modest den (looks like a wide entry hallway)/1.5BA corner home with amazing views of the Puget Sound and Space Needle. That is a very popular corner, especially on floors, 9, 10, and 11, since the […]