West Seattle Sound View Home! $625,000

Fantastic West Seattle View home above Beach Drive for Sale.  HUD home.  4 bed, 1.5 bath, 1752 SF, yard, built in 1909, 1 car garage, 4000 SF lot.

3707 59th Ave SW, Seattle, WA 98116 -   $625,000

Squak Mountain Home for Sale in Issaquah

$719,950 – 5 bed – 2910 SF inside – 27462 SF lot

Spectacular home on a private street at the end of a cul-de-sac. A private setting w/ wonderful views, deck & patio, tranquil & beautiful landscaping. This updated & well maintained home offers 5 bedrooms, large kitchen, granite counters, oversized island w/ a breakfast bar plus all the bells & whistles you could want. Living, formal dining, family room w/ fireplace & a grand bonus room all on the main floor. Lots of room for easy living. Issaquah schools, minutes to downtown Issaquah & I-90.

Top Floor Issaquah Condo for Sale - $167,000

HUD home. Great top floor, one bedroom condo with deck, large bedroom and fireplace! Large kitchen, move in ready, washer/dryer and all appliances included. Issaquah Parkview condos sits next to a large city park, downtown Issaquah, and the fish hatchery. Tons of guest parking. Cats only. Additional repairs & disclosures attached. Sold as-is. BLB Resources makes no warranty as to condition of property. IN (Insured). Buyer to verify all info. FHA Case 566-071337. FHA loans OK (HUD owned).

 

Contact us today for more information!

New Phinney Ridge Seattle Listing! $648,500

A Phinney Ridge classic home in cape cod style, remodeled from the studs out in 2008.  The large 2287 square foot floor plan flows nicely over the newer oak hardwood floors through the oversize living room, the bright dining room, and into the updated kitchen.  Inside you will find a delightful custom eating nook with 19th century church pews, rich cherrywood cabinets, 3 large bedrooms, a den, and another big living room in the lower level with a cozy fireplace.  In addition, there is a new 2 car garage with attic storage!  Established perennials, nice sunny south facing fenced yard.

Open Sunday April 24th from 1-4pm.       549 N 77th St, Seattle, WA 98103

The Status of Bank Owned Homes and Short Sales in Seattle as of April 5th, 2016

Seattle, WA - 4/5/2016.  As spring approaches, home sales start to sizzle.  According to the Northwest Multiple Listing Service (NWMLS), 4497 homes and condos sold in the city of Seattle in the six month period October 4th, 2015 and April 4th, 2016.  During that period, only 2.6% of homes were bank owned and only 1.3% were short sales.  Zillow states the value of homes in Seattle has increased from $361,000 in Jan 2012 to $532,000 in Jan 2016, representing a 47% increase in the prior 4 years.  

In the entire King County area, Bank Owned Homes (REO, Real Estate Owned) account for 3.6% of the sales and short sales are 2.4%.  King County embodies Seattle, Bellevue, Shoreline, Kirkland, Redmond, Issaquah, North Bend, Snoqualmie, Newcastle, Renton, Kent, Burien, West Seattle, Snoqualmie, Carnation, Fall City, Maple Valley, Federal Way, and Bothell.

Meet the Asset Manager for HUD homes! Seattle, WA 3/21/16 10-Noon

Don't miss out on this great insightful FREE HUD Home Updates and NEW Marketing training event presented by Washington's HUD Asset Manager - Outreach & Marketing Director Ray Warda with BLB Resources, Inc. Make sure to bring an open mind and willingness to educate yourself and take action.  This workshop will discuss the following topics:

  • HUD Homes - Updates
  • NAID Registration Notice
  • GNND Reminder
  • Mortgagee Letter 2015-17 - Update
  • IE Repair Escrow Notice
  • Utility Activation Notice
  • HUD's As-Is Policy - Reminder
  • Other Important Reminders
  • Most Common Sales Contract Errors - Update
  • HUD Advertising Guidelines
  • Digital Marketing Strategies for Lead Generation

Please don't forget to RSVP.  Don't keep this event a secret...Share it with your Real Estate Associates and Professionals!

 

http://bit.do/seattlewa



New, higher FHA Loan Limits in King County & Seattle, WA

12-9-2015, FHA has raised its loan limits from $517,500 to $540,500 in King County which covers cities like Seattle, Bellevue, Issaquah, Renton, Kirkland and Bothell.  Current FHA loan rates for a 30 year fixed mortgage hover around 4% depending on your credit score and points paid.  FHA loans cover from a single family home, condominium, townhome, duplex, tri-plex, and a four plex for owner occupant buyers.  

In addition, buyers may also choose a rehab or construction loan under the FHA 203k rehab loan.  With an FHA 203k rehab loan, buyers can purchase a home, submit repair and improvement items such as a kitchen remodel, new roof, new carpets, etc, up to the FHA loan limits as long as the home will appraise at the improved value.  The buyer then closes on the home and completes the improvements after closing.  Since most people spend all their money on a down payment (3.5% for FHA loans), buyer typically don't have $30,000 extra to improve their home after closing.  Therefore, an FHA 203k loan can be a great conduit to build instant equity and enjoy your new home!  Moreover, 4% amortized over 30 years is much better than putting your improvements on a credit card!

Contact us today for a no hassle consultation:


Chris Cross Real Estate Group October Newsletter

 

 

 

1 minute housing market update.  Take one minute to update yourself on what's happening in your local housing world.

As a real estate professional, I inevitably get asked about current market conditions, whether now is a good time to buy or sell, or what are home prices like in my area.  These questions are best answered with statistics because the real estate market is constantly in a state of flux. With that said, I've prepared a monthly newsletter that provides data to answer these, and other similar questions.

September by the stats...

This September the 4-county Puget Sound Region had 7,179 pending sales. The last time we had over 7,000 pending sales in September was in 2005. In September 2010, the NWMLS reported only 4350 pending sales in the 4 county area.

Closed sales jumped 17.5 percent, with year-over-year sales rising from 7,020 finished transactions to 8,245. 

Single family homes in King County commanded the highest median price at $490,250, up 6.6 percent from the year-ago figure of $460,000.

Pending sales continue to outnumber new listings, resulting in inventory declines and rising prices in most areas....

House-hunters who procrastinate may have even less inventory to choose from in the upcoming winter months. It's predicted that the number of listings coming on the market  will drop approximately 50 percent every 30 days compared to spring and summer months.

Mortgage Rates:

ProductRateChange Last week

30 year fixed   3.84%     -0.03%     3.87%

15 year fixed     2.87%    -0.08%      2.95%

5/1 ARM            3.02%     0.00%      3.02%

 

15 fall home maintenance tasks to tackle now:

Clean gutters and downspouts. Leaves and debris gather in gutters, which can cause ice dams and other water damage when snow falls and then melts, or during rainstorms. This is an easy task to do yourself if you can climb a ladder safely.

Remove leaves. Not only do you want the leaves out of your gutters, you want them off your roof and off your lawn. Despite what some may believe, letting leaves decay on your lawn does not provide fertilizer. "It's actually helping fungus and mold build up, which can kill your lawn," Ingram says.

Repair any damage to your roof "Anywhere you had shingle damage, that needs to be fixed and replaced," says J.B. Sassano, president of Mr. Handyman, which franchises handyman services nationwide. If water can get under your shingles, it can get into your home and cause damage.

Clean your chimney. Have a chimney sweep come in every year to check your fireplace for safety and clean out the remains of last year's fires. "If you use your fireplace regularly with wood, you've got to get that soot out of there," Ingram says. You also want to make sure that the cover to your chimney is intact and that birds or other critters haven't chosen to move in, Sassano says.

Check smoke detectors and carbon monoxide detectors. It's smart to test the devices and replace the batteries every six months, making this a chore for fall and spring. Also, make sure you have enough fire extinguishers and that they are in the right place.

Change filters in heating and air conditioning units. Most forced-air systems work better when the filters are clean. While some filters are advertised to last several months, people with pets or old houses with a lot of dust should change filters monthly.

Caulk around the windows. Cold air can easily enter your house around windows. Caulking wears out after a few years. This is a chore many homeowners can do themselves for less than $20.

Listings of the Month: 

Phinney Ridge, Seattle Tri-Plex for Sale-$979,000

 

 

For more info go to: Phinney Ridge Tri-Plex for Sale

Renton Highlands in Honey Brooke West-$425,000

 

Referrals:

If you know of someone who is looking to buy or sell a home we would love the opportunity to help them. We are a team of 4 experienced and passionate real estate professionals who strive to provide the highest level of customer service, market information, negotiating, and communication.

 

Happy Fall !                                     

Chris, Kim, Shelia, and Lilia

The Chris Cross Real Estate Group

 

Facebook                    Website                     Email Us                    Blog                   m: 206.465.2813                   My Mobile Search App

Alki Beach - Seattle Spotlight

How do you get the best Seattle skyline views?  Hop on over to Alki.  The panoramic view extends from Centurylink Seahawks Stadium and Safeco Mariners Field north to the iconic Space Needle.  Drive over on the West Seattle Bridge or take the Water Taxi from downtown Seattle.  While on Alki, dine a Salty's or Cactus and definately walk the beach.  

Alki Real Estate:  http://www.urbanhomequest.com/listings/areas/54378/

Reduced! Issaquah - May Valley, 3 bed home - $256,500

3 bed, 2 bath, 1560 SF ranch home on 3 acres.  

Chris Cross Real Estate Group, Keller Williams Realty.

  

 

 


Price Reduced! 3 bedroom Renton Townhome Condo only $185,250

A terrific towhome condo with 3 beds, 2 baths, 1298 SF in the heart of the Renton Highlands.

Chris Cross, Keller Williams Realty - Chris Cross Real Estate Group

Keywords:  Renton Condo, Renton Highlands Townhome, HUD Renton Condo, HUD Renton Townhome

 

Open house, Renton Highlands 2 story home - $425,000 on 9/19 and 9/20/15

A terrific 2 story home in the Honey Brooke West neighborhood of the Renton Highlands.  New in 2008, this resale has 4 beds, a den, a bonus room, 2599 SF and a 3 car garage!

Open Sat and Sunday Sept 19th and 20th, 2015 from 12 to 3pm.

 

For full details, click below:  

New Federal Way Madrona Meadows Listing - 3 bed, 2.5 bath, 1729 SF

A terrific 2 story home in the quiet neighborhood of Madrona Meadows. Featuring 3 bedrooms, 2.5 baths, 2 car garage and 2 living areas over 1729 SF of space. The large master suite has a double vanity, a separate bath and a walk-in-closet. The hardwood entry leads to a sunken living room with a gas fireplace and a slider to a patio and oversize yard on a 7083 SF lot. New roof in 2013, newer paint, mature landscaping and solid construction make this a great find! All appliances stay.

  • $280,650
  • Open Sunday 8/23/15 from 1 to 4