Motivated Sellers in Seattle

There are currently 495 single family homes in Seattle that have been on the market for more than 120 days. 219 of them are priced under $350,000. Of these, 140 have at least three bedrooms. 16 of these are located north of downtown. These are the properties we will feature in our Sunday Tour of Bargain Homes on Sunday, November 13.

Approximately 1/3 of these are short sales or bank-owned properties. Some of these properties are fixers. One or two may be diamonds in the rough that other buyers may have overlooked. But one thing is certain: if these properties are still listed on the market in November, it is because the Seller is highly motivated to sell!

Come and find out which are real bargains when we tour these properties on November 13.

For more information on our FREE Sunday Tour of Bargain Homes, go to:
www.SundayBargainTour.com

Sunday Tours of Homes in Seattle

What did we see on yesterday's tour of seller-financed homes in Seattle?

Well, I would love to tell you about the Ballard house in a great residential location close to Shilshole beach, a sweet little 2-bedroom that backs up to a green belt. Or the large five-bedroom West Seattle house with a second kitchen on a corner lot and views of the Puget Sound near Lincoln Park. Or the least expensive house on our tour, which has three bedrooms, very nicely remodelled, that comes with very attractive lease-purchase terms. Or perhaps our last stop on the tour, which offers very flexible financing terms from an experienced (and motivated!) REAPS investor.

Unfortunately, I can't tell you about any of these properties, because NONE of them allow blogging!

The NWMLS recently added a field to address blogging. The default value is to PROHIBIT blogging, so most agents just check this box automatically without thinking about how helpful it might be to their marketing and promotion efforts.

I ALWAYS encourage my seller clients to ALLOW blogging. So brokers like myself can help promote their listings! On blogs like this, for example.

Oh well. To find out more about any of these houses you missed on our tour yesterday, you will need to contact me directly....

Five Seller Financed Homes on Tour Sunday

Interested house-hunters are invited to Seattle’s Sunday Tours of Homes this August, which will feature properties of special interest to investors, cash-buyers, and first-time homebuyers. The tours are free, and sponsored by Home Land Seattle.

Our first tour is scheduled from 1-3pm this coming Sunday, August 7.

Tour participants will meet at 1 pm sharp at the first house on the tour, 8818 30th Avenue West.

There will be 5 houses on the tour, approximately half located in north Seattle, and the other half in West Seattle. Houses planned for the tour (at this point) range in price from under $200,000 - $349,500; with two – five bedrooms, and an average size of 1900sf.

Here is the tentative schedule for Sunday:
1-1:15pm 8818 30th Ave W $275,000
1:25-1:40pm 2148 N 88th St $315,000
2-2:15pm 1613 SW Austin St $199,975
2:25-2:40pm 8304 California Ave SW $349,500
2:50-3:05pm 3763 SW 100th St $289,900

An updated schedule will be available at the first house on the tour, or leave a message with me to confirm, if you would like to meet us later on the tour.

Saving the World...One House at a Time

Great program last night at the Real Estate Association of Puget Sound, on securing real estate with private funds from home sellers and other individuals. A real win-win for both the buyer and the seller. The seller broadens the pool of available buyers by offering seller financing; sells the home more quickly; and for more money than a conventionally-financed deal. The investor buyer, working with private funds, is able to fix up a house, helping to improve the neighborhood, and provide affordable housing for an end-buyer. And the private lender earns 2-3 times what they can earn through the bank or stock market, with their investment secured by tangible real estate.

With that understanding, there are great deals out there on the local MLS by savvy sellers offering owner financing. This will be the theme of the homes selected in my first homes tour of the August Sundays Tours of Homes.

The tours are free! You drive your own vehicle, so you may stop at whichever homes you wish to see. There will be lots of other buyers on the tour, and show times are exact. If you are interested in one of the homes on the tour, we can arrange a lengthier private showing at another time.

There is no sales pressure, no obligation being a part of a larger group and you will enjoy the constructive comments of your fellow tour members. Each tour features a different class of Seattle property.

Here is how it works: Our tours begin on selected Sundays. Each tour runs from 1-3 pm and you may meet us at any home on the tour. Tours begin at 1pm SHARP at the first house on the schedule where you will pick up detailed maps, directions and information of the featured houses. I will post the schedule of houses on the tour 3 days in advance on this Seattle Real Estate Investor blog.

Tentative Schedule:
8/7 - Seller Financed Properties for Sale
8/14 - Estate Sales (Free & Clear) Properties
8/21 - Fixers
8/28 - REOs, Foreclosures

This first tour on Sunday, August 7 will feature approximately three houses in N Seattle and 3-4 houses in West Seattle that all advertise some form of owner financing. Asking prices on these homes range from just under $200,000 - $390,500. They range from 2-5 bedrooms with an average of 1900sf. Perfect for investors, cash buyers or first-time homebuyers!

If you are interested in this FREE tour, please message me privately, call me at 206-355-1706, or respond to this post. We'd love to see you on this tour!

Bargain Home Tour in Greenwood TOMORROW!

***Investor Special***

FREE Tour Sun. 8/1: Bargain Homes in Greenwood!


GreenwoodFixers.com

888-621-4999 X4