Today, from 1-4P, I will be holding open a quaint, 1926 Spanish style Alki home that has been converted into a duplex. The address is 2626 Marine Ave SW, located just one block from the beach and mere steps from Whale Tail Park. Listed at $399,900, this is a "must see."
As usual, I will be giving away coupons for free ice cream cones from West Seattle's own Husky Deli.
Single adults face unique challenges when buying and selling a home. I know because I've done it myself, & a significant portion of my clients are single. This blog provides news & information you need to help you achieve your real estate goals. Alice Kuder, REALTOR®, Green. Prudential Northwest Realty Associates, Seattle, WA
Sunday, September 13, 2009
Saturday, September 12, 2009
Remodeled Daylight Rambler $239K!
Discover the advantages of living in one of West Seattle's lesser-known neighborhoods. This attractive, private, 3+ bedroom home is nestled in the Boulevard Park neighborhood, with quiet streets, big lots and easy freeway access.
Located at 10823 5th Ave S, this home is spacious, bright, comfortable and move-in ready. Call me today for a private showing. 206-708-9800.
Tuesday, September 8, 2009
How does the $8K tax credit work?
You may have heard about the $8,000 tax credit the government is offering to first-time homebuyers. If you think you may qualify, but don't know how it works, here is a cute, short video you can watch for more information.
You can also call or text me for more info at 206-708-9800
You can also call or text me for more info at 206-708-9800
Saturday, September 5, 2009
What's a co-op apartment?
Co-op vs. Condo
Unless you are from the east coast, chances are you may not know what a co-op (short for “cooperative”) apartment is, and/or how it differs from a condominium.
Here is a short description of some of the major differences.
Condos:
Residents own their actual unit. They also hold an undivided interest in the common areas of the building such as a courtyard or clubhouse.
Residents hold private title to their unit, including the right to control and transfer the property at will.
A mortgage for a condo finances the purchase of the actual property, using that property as collateral.
Residents elect a board of directors to manage the building, but the association does not retain any rights to dictate to whom residents may sell their units. Neither does the association have control over owner behavior.
The purchase of a condominium is considered to be Real property, so the State of Washington does charge the seller an excise tax.
Co-ops:
Members own shares in a corporation, which holds title to the land and the building. Each shareholder has the exclusive right to occupy a specific apartment until/unless the member sells their shares.
Members receive a stock certificate and a proprietary lease showing ownership and occupancy.
A mortgage for the purchase of a co-op is actually a loan to purchase shares in the corporation.
Members elect a board of directors to manage the upkeep of the building and ensure that residents abide by the occupancy agreement. The board retains the right to approve potential members/buyers and can evict owners who violate rules of residency.
Shares in a co-op are not considered to be Real property, so the State of Washington does not charge excise tax on a sale.
Want to know more? Give me a call at 206-708-9800
Unless you are from the east coast, chances are you may not know what a co-op (short for “cooperative”) apartment is, and/or how it differs from a condominium.
Here is a short description of some of the major differences.
Condos:
Residents own their actual unit. They also hold an undivided interest in the common areas of the building such as a courtyard or clubhouse.
Residents hold private title to their unit, including the right to control and transfer the property at will.
A mortgage for a condo finances the purchase of the actual property, using that property as collateral.
Residents elect a board of directors to manage the building, but the association does not retain any rights to dictate to whom residents may sell their units. Neither does the association have control over owner behavior.
The purchase of a condominium is considered to be Real property, so the State of Washington does charge the seller an excise tax.
Co-ops:
Members own shares in a corporation, which holds title to the land and the building. Each shareholder has the exclusive right to occupy a specific apartment until/unless the member sells their shares.
Members receive a stock certificate and a proprietary lease showing ownership and occupancy.
A mortgage for the purchase of a co-op is actually a loan to purchase shares in the corporation.
Members elect a board of directors to manage the upkeep of the building and ensure that residents abide by the occupancy agreement. The board retains the right to approve potential members/buyers and can evict owners who violate rules of residency.
Shares in a co-op are not considered to be Real property, so the State of Washington does not charge excise tax on a sale.
Want to know more? Give me a call at 206-708-9800
Friday, September 4, 2009
Local Blood Drive today
The Puget Sound Blood Mobile will be in the Jefferson Square (West Seattle, on 42nd Av SW between Alaska & Edmunds streets) parking lot today from 9-2 ; walk-ins are welcome. If you've never donated blood before, please consider giving it a try. It's really quite quick (takes about a half hour) and painless. At one point or another in our lives, most of us will need the benefit of donated blood -- whether for ourselves or for a loved one. Please give if you can. If you need reassurance or encouragement, feel free to give me a call. 206-708-9800.
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