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Allenmore Ridge Condos in Tacoma

I visited this foreclosure a few months ago with a buyer of mine who had been looking at another unit in the building. At the time, the other unit was priced lower than anything had been at Allenmore Ridge, at $225,000.

This unit was priced at $185,000, but they reduced it to $160,000 $129,000.  The building doesn’t go FHA, so you have to have 20% down.  That would put your payment (including HOA dues) around $1200/month with taxes, insurance, etc.  HOA dues here include landscaping, earthquake insurance, Water, Sewer, and Garbage.

I love that it’s huge (1551 sq ft), with a great view of the golf course.  Also, it has more storage than any condo I’ve ever seen.

The condo is listed with Robert Tourney at Remax.

UPDATE:  Price has been reduced to $129,000 due to the reasons stated in the comments below- this has probably gotta be paid for with cash, folks.

A little bit busy...

Every full-time Realtor I know is swamped right now.  Don’t even get me started on the loan officers.  Ask anyone in the Real Estate business right now how things are going and you are likely to hear “I’m busy! Gha!”

So, if anyone is wondering why my posting has been lax this past month or so, it is because every buyer and seller on the planet decided to start making deals and the result has been a very heavy workload.

Enough with the excuses! On to some real numbers for Downtown Tacoma Real Estate. Read the rest of this entry »