All Blog Posts (15)

Buy Foreclosures at Auction w/ Special Financing

Our Service provides our investors with invaluable data, training, and support. Foreclosure Solutions is designed to put our clients

on the fast track to success in this exciting and profitable

business. Our clients are able to purchase properties at auction

with the assurance that their investments are solid. As a client, you will always be able to approach the auction with confidence -

never having to "second guess" yourself. We offer this complete

program without any…

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Added by Lloyd A Ball on April 21, 2010 at 4:30pm — No Comments

ANNOUCING A NEW WEBSITE PUBLISHING COMPANY IN Seattle

GREETINGS TO YOU MY MVT FRIENDS

Do you want to own your website and are afraid you do not have the skills to build and maintain it?

Have you tried use tools from other website providers to build web content only to find it a frustrating experience?

Only to end up paying for web content that you cant edit or change when you want ?

Tired of paying for a search engine optimizer seo or a website and getting nothing in…

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Added by mj bedford on February 8, 2010 at 2:38pm — No Comments

Prices Are Stabilizing in King County

Prices Stabilizing in King County since Spring 2009 (Including Sept 2009 data)…

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Added by Davis Hsu on October 5, 2009 at 5:30pm — No Comments

What Kind of Deal Can you Expect to get in Mercer Island for 500-700K?

This is everything on Mercer Island that actually SOLD, nothing excluded in June/July/August in the $500-700k range. 14 houses total.

There is a downward slant correlating days on market and discount from the last list price- and three deals below 90%. One at full price and one above full price (probably rolled in closing costs of 3%).

The average days on market is 146 days, the average discount off of the Last List… Continue

Added by Davis Hsu on September 15, 2009 at 5:30pm — No Comments

WHAT TO EXPECT AS A BUYER OR SELLER ON THE SAMMAMISH PLATEAU (Summer 2009)

I examined all the 55 Closed Sales in the Sammamish Plateau (MLS Area 540) for the month of July 2009. For the sake of this analysis I zeroed in on the $300-500k market segment and threw out one sale that was on the market for almost three years.

I thought the results were informative for both buyers and sellers in terms of setting expectations. First of all, the average discount off of the last list price was ONLY 3%. As you can see from the chart below- the trendline shows that the… Continue

Added by Davis Hsu on September 1, 2009 at 1:30pm — No Comments

Short Sale Vs. Foreclosure Part 3 of 4

A short sale has many benefits vs. a foreclosure. Some of these are highlighted below. President Obama and his team are pushing banks to approve short sales this year to stem the tide of foreclosures.

FORECLOSURE

Credit Score

Score may be lowered anywhere from 250 to over 300 points. Typically will affect scores for over 3 years.

Credit History

Foreclosure will remain as public record on your credit history for 10 years… Continue

Added by Davis Hsu on August 27, 2009 at 9:00am — No Comments

Employment Impacts of a Foreclosure

Keeping your credit strong is important not just for future purchases of homes, automobiles and other consumer items. It also may have impacts on your current and future employment.

Employment Impacts of a Foreclosure-

Security Clearances

Outside a conviction for a serious misdemeanor or felony, a foreclosure can be one of the most challenging issues against a security clearance. If a client has a foreclosure and is a police officer, in the… Continue

Added by Davis Hsu on August 21, 2009 at 9:00am — No Comments

The Generational Age Curve Will Have Huge Effects on Business and Markets.

A few weeks ago I read the book “The Age Curve” by Kenneth Gronbach. The book has a very simple premise- that demographic numbers (or the size of each successive generation) holds the key to marketing and your future business success.

The author breaks up today’s United States into 5 generations (each 20 years in duration) starting in 1905 (The GI Generation)- Followed by the Silent Generation (1925-1945)- Baby Boomers (1945-1965)- Generation X (1965-1985) and then the large… Continue

Added by Davis Hsu on August 6, 2009 at 9:00am — No Comments

Two Thoughts for Buyers Going Directly to a Listing Agent

There is a thought floating around that says-

Buyers should skip using a Buyer’s real estate agent and go directly to the Listing Agent (Seller’s Agent) if they want to buy a specific house.

The logic behind the thought is that the buyer will get a better price because the seller will discount the house an additional 3% because they don’t have to pay two agents and instead only have to pay one (the Listing Agent).

Here are two things to think about when… Continue

Added by Davis Hsu on July 30, 2009 at 3:30pm — No Comments

Short Sale Vs. Foreclosure (Part 2 of 4)

Future Loans (Any Lender)

FORECLOSURE

On any future 1003 application, a prospective borrower will have to answer YES on the standard 1003 that asks “Have you had a property foreclosed upon or given title or deed in lieu thereof in the last 7 years?” This will affect future rates.

SHORT SALE

There is no similar declaration or question regarding a short sale at this point.

Know Your Options & The Hidden Consequences of… Continue

Added by Davis Hsu on July 27, 2009 at 10:30am — No Comments

Short Sale Vs. Foreclosure (Part 1 of 4)

SHORT SALE CONSEQUENCES VS. FORECLOSURE

It’s no secret that many borrowers are underwater in their primary residences and investment properties. More often than not the investment properties are in a negative cash-flow situation and homeowners feel stuck in their primary residence knowing that it will take years to get “right-side up” in their house.

This article will be a four part series examining the consequences of a short sale versus a foreclosure and is designed to… Continue

Added by Davis Hsu on July 24, 2009 at 7:00pm — No Comments

If 30 is the new 20- then $350k is the new $450k

If 30 is the new 20- then $350k is the new $450k when looking at houses.

Renton Highlands is a neighborhood with the median sales price hovering around $350k. The neighborhood is holding steady with June Residential (No condos) numbers landing at-

56 Closed Sales

$360,725 Median Sales Price

Average Discount off of Last List Price- 5.45%

That compares to May numbers for the same neighborhood-

48 Closed… Continue

Added by Lloyd A Ball on July 12, 2009 at 11:30am — No Comments

Was March the Bottom in Seattle?- House Prices Stable Since Obama's Election

King County (Residential Median House Price) in the Last Year

Median Prices jumped 5.3% from June to May 2009 as the Seattle housing recovery may be on its way. In fact, prices have dipped but have now reached levels seen around the time President Obama was elected (November 2008).

The chart below shows median house prices (no condos) in King County over the last year. Could this just be a strong late Spring- followed by a freefall… Continue

Added by Lloyd A Ball on July 7, 2009 at 9:00pm — No Comments

10 Surprising Seattle Neighborhoods NOW Under $400k

With Seattle house prices falling since August 2007, here are ten Seattle neighborhoods now with median prices below $400,000. What stands out to me? NE Seattle, Ballard/Greenlake, and Madison Park/Capitol Hill have all suffered double digit price drops- bringing their median prices below the $400,000 mark.

Shoreline and the Renton Highlands are compelling as they both register under $325,000.

Davis Hsu © MVT Research- source-… Continue

Added by Lloyd A Ball on June 22, 2009 at 12:00am — No Comments

Seattle's Most Affordable Neighborhoods (11 Under $300k!)

With falling prices, seller concessions, loosening lending guidelines, low down programs, low interest rates, and government tax credits- Seattle housing is reaching AFFORDABILITY levels not seen in years.

My neice used to pout to me a few years ago “Uncle, Davis- I’ll never be able to afford a house.” Wrong! Here are eleven neighborhoods with median prices under $300k. And yes, my hometown of Federal Way, Washington is holding down the number 2… Continue

Added by Lloyd A Ball on June 22, 2009 at 12:00am — No Comments