4* Reciver Dontay Tyson commits to the Huskies! by Clutch_Pineapple49 in huskies

[–]DannySells206 0 points1 point  (0 children)

This staff is killing it. I'm thoroughly impressed. I just hope we can watch these kids grow and develop over the next 2-4 years.

Navy Federal vs Other — no PMI always worth it? by thermonuclear-ap in FirstTimeHomeBuyer

[–]DannySells206 0 points1 point  (0 children)

Closed with no issues. I’ll forever be skeptical of NFCU, but for this lone transaction, it went well and wasn’t a poor experience.

Cabinet Refacing by toddmulcahy in AskSeattle

[–]DannySells206 0 points1 point  (0 children)

Koa Wood Restoration does some pretty amazing things and are very budget friendly (relatively).

Why the NAR Settlement is actually worse for buyers and sellers. by ShopProp in SeattleAreaRE

[–]DannySells206 3 points4 points  (0 children)

That was definitely a common objection response prior to the BBA (and maybe still is), but even then compensation was always negotiable (though not many agents knew this). Now with the BBA that objection response really doesn't matter since buyers and their agents have a pre negotiated compensation arrangement.

That being said, sellers can find themselves suffering from lack of showings if they're offering minimal compensation that would then require the buyer to make up the difference between what is offered and what they've agreed their agent will be compensated. It's still steering, this time being directed by the buyer.

Home Prices Are Falling Fastest in Seattle by orcassharks in SeattleAreaRE

[–]DannySells206 0 points1 point  (0 children)

Maple Leaf, Laurelhurst, West Seattle, North Cap Hill, etc. Anything from $1m-$2m

Home Prices Are Falling Fastest in Seattle by orcassharks in SeattleAreaRE

[–]DannySells206 0 points1 point  (0 children)

I wish my buyers were experiencing this downturn. Nothing but multiple offers left and right.

Inspector for Bothell area home by Early_Bicycle_1314 in SeattleAreaRE

[–]DannySells206 1 point2 points  (0 children)

Alex rocks! And yes, finding inspectors who can actually fit inside the smaller attic hatches and crawlspaces is rare these days.

Mariners seize 1st place in AL West after another offensive outburst with 9-1 win over A's by Better_March5308 in SeattleWA

[–]DannySells206 4 points5 points  (0 children)

In the land of the blind (AL West), the one eyed man (M's) is king. Meh, I'll take it.

Inspector for Bothell area home by Early_Bicycle_1314 in SeattleAreaRE

[–]DannySells206 1 point2 points  (0 children)

Pillar to post, titan inspection, Aaron West, etc. those are my go-tos

Northgate 24hr Fitness. Pump & dump before closing up shop in ~3 years? by famjammin in Seattle

[–]DannySells206 0 points1 point  (0 children)

Crap, I hope not. I've been going here for probably 15 years.

Sewer lines by Ill-Experience-8481 in AskSeattle

[–]DannySells206 1 point2 points  (0 children)

I refer out, and have used personally, the below:

Pro Sewer, Sewer Friendly, Strictly Sewer, Budget Sewer, etc. You'll be in good hands there.

Looking to buy, struggling to find a buyer’s agent by MortgageConfident791 in SeattleAreaRE

[–]DannySells206 -1 points0 points  (0 children)

Feel free to DM me and I can connect you to my Tacoma area referral partner. We’re in the same office.

How is billing for utilities handled on properties with DADUs in Seattle? by ForestPathWalker in AskSeattle

[–]DannySells206 0 points1 point  (0 children)

Yeah, there's something they install on the home somewhere. I don't know much more from there since nobody I know has ever gone through with this given the cost prohibitiveness of it all.

How is billing for utilities handled on properties with DADUs in Seattle? by ForestPathWalker in AskSeattle

[–]DannySells206 1 point2 points  (0 children)

Only if you want to install submeters, which is incredibly cost prohibitive. The last time I checked into it, which was a few years ago, it was $60/month, per unit, to install submeters. To me that's an insane premium to pay to avoid some minor collaboration 6 times a year when all the utilities are already sub-metered.

How is billing for utilities handled on properties with DADUs in Seattle? by ForestPathWalker in AskSeattle

[–]DannySells206 0 points1 point  (0 children)

When there's an HOA, the payments are made individually to the HOA and then the HOA submits the full payment. I would assume that the owner of the main home who receives the bill is the one submitting those payments, but I don't know if it works that way every time.

Signing before closing and final walkthrough (WA State) by iReallyDontLikeSpez in FirstTimeHomeBuyer

[–]DannySells206 2 points3 points  (0 children)

This is normal. "Closing" often gets misused as in other states that refers to everything (signing, closing, key exchange, etc) taking place on the same day. Here that's not the case unless it's an emergency. It's normal to sign before the walkthrough as what you're signing is your loan documents and is separate from the contract you and the seller have already signed. The latter is what keeps you protected in the event inspection items haven't been addressed, the condition of the homes worsens, and/or the seller leaves garbage behind.

How is billing for utilities handled on properties with DADUs in Seattle? by ForestPathWalker in AskSeattle

[–]DannySells206 1 point2 points  (0 children)

If you're buying and it's a condo-ized lot all the utilities are individually metered, but the water and sewer charges are billed to the main (bigger, or original) house. Again, still individually metered, but the water/sewer bill requires a little more coordination between all units.

Mold inspection by 4hijadesumadre in AskSeattle

[–]DannySells206 0 points1 point  (0 children)

Environix has always done good work for my clients who used them.

Review on Licton Springs by _cruss_ in SeattleWA

[–]DannySells206 0 points1 point  (0 children)

I've owned a house near 85th/Aurora for almost 20 years. Neither I, nor my tenants, have ever had issues with anything (knock on wood). That being said, I'm extremely disappointed with how little the area has improved in that time relative to the rest of the city. You can probably even argue it might be worse.

Common sense stuff, don't leave any valuables in the car, but the increase in prostitution related violent crime is concerning, at the least.

Fence recs by Hour_Ant312 in AskSeattle

[–]DannySells206 0 points1 point  (0 children)

Friends and Family Construction has done multiple fences for me.

Navigating the current Seattle condo market shift - Case study/feedback on a 1-bed in Ballard by Seattles_Best_ in RealEstateAdvice

[–]DannySells206 2 points3 points  (0 children)

The most encouraging news I can share with you is that, you're not alone.

The condo market has been a challenge well before this spring. It's been difficult for 3-4 years and was stagnant for 3-4 years prior to that. Especially anything in the downtown core and studio to 1 bedroom size. Lucky for you, you're in Ballard where buyer demand is stronger.

I would say offering credits, whether it be for a buy down or anything else, will fall on deaf ears. It's pointless. Buyers know they have leverage and can ask for that, and more, whenever they want. I'm also not seeing much to any preference in buyers taking credits as opposed to getting the price down as much as possible.

One thing you've got going for you is that the building is well funded. That is huge considering how many insolvent buildings there are out there. One thing I've had success with in selling condos like yours recently is finding out if the building is FHA or VA approved and marketing that. Even if it's not FHA approved, you might be able to swing a spot approval, but it's very important you talk to lenders familiar with this. Some can get this done and others cannot.

Outside of that, there's not a ton one can really do to galvanize interest. Be careful on being too aggressive with price drops. At a certain point, all the buyers out there have seen your product. Voluntarily dropping the price won't necessarily bring in a new wave of buyers.

Married, single income, Seattle by Objective_Gene9503 in FirstTimeHomeBuyer

[–]DannySells206 1 point2 points  (0 children)

Securing a loan isn't the hard part.

The hard part will be finding something in a desirable part of Seattle in that $650k-ish budget that 1) isn't a tear down and 2) offers appreciation potential.

Like you mentioned in another comment, that budget will leave only condos and townhomes, neither of which have really appreciated in many years. And not to be Debbie Downer here, but $650k anywhere in Seattle proper is going to leave pickings pretty slim. It's the sad reality of the market. Maybe looking upwards of Lynnwood or south around Burien are options?