Great Deals In King County - 11/19/07 09:56 PM
It comes down to research. I cannot tell you how many properties I walk through where the home is being sold half rehabbed. Meaning, the seller purchased the property with the intent of "flipping" and ran out of money. The first thing that comes to mind is they never penciled their numbers back. Just because you buy an ugly house does not mean you are going to make a ton of money by fixing it up. Typically before I make an offer (on any property), I search the seller looking for distress and call the listing agent to get a read on the situation.
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King County Real Estate Market - 11/19/07 05:55 PM
A lot of critics stated this winter would be slow as usual in King County. In addition, I have heard critics state our market would soon "correct" itself. King County has been in an upward trend for several years and one of the best markets in the nation driven by a strong economy. Our upward trend was up to almost 20% appreciation. This trend has cooled to about a 6% appreciation. Even though the market has cooled, there is still a lot of activity.
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