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Saturday, July 31, 2010

Affordable Duplex on Alki

Think you could never afford a home just blocks from Alki Beach? That dream might be within reach after all. Today and tommorow I am holding open a legal duplex just off 63rd Av SW (which turns into Beach Drive) at 6304 SW Marguerite Court. If you were to purchase this property with the intent to live in one half and rent out the other half, your mortgage could be much more affordable than you might think because the rental income can offset your monthly payments. Today's low, low interest rates and downpayments for first-time buyers in particular, could make this a very oportune time for you to buy.

If this sounds like something you'd like to consider, call your favorite lender to find out if you qualify for a loan and approximately how much your payments would be.

If you don't have a favorite lender, here are several I recommend highly:
Mark Denniston, Northwest Mortgage Alliance, 206-932-1500
Lori Richmond, Normandy Mortgage, 206-226-5410
David Todd, Northwest Mortgage Alliance, 206-938-6818
Troy Chambers, Arboretum Mortgage, 425-418-5103

Meanwhile, come by my open house and see this terrific place for yourself. List price is $449,950. I will be here until 4PM today and again tomorrow from 1-4. Ask for your coupon for a free ice cream coupon from Husky Deli!

MLS# 83086

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