Bargain House for sale in Tacoma
A Realtor friend of mine, Bobby Brown, has this great house listed in Hilltop right now. They just reduced the price to $129,950- which I think is an awesome deal. It even has a garage.
You can check out the listing here, but here are the basic stats!
3 Bedrooms
1 Bathroom
1 Car Garage
Fenced Yard
I get so many questions about Rehab loans, especially for Foreclosures in Hilltop and around Downtown Tacoma, that I took a few minutes to talk to Sean Werner of Wells Fargo about how exactly how FHA 203k Streamline loans work. If you have any further questions, post them in the comments and we’ll get you an answer.
What is an FHA 203k loan? This a loan which can be used to renovate a previously occupied home back to acceptable living conditions of the buyers choice. The 203K renovation loan is limited to 35K in improvements. The cost of the impovements are added the loan which is financed. Read the rest of this entry »
I set out today to make a Pie chart of which buildings have condos listed on the MLS in Downtown Tacoma. It was interesting, but it is a bit deceptive. Both The Roberson and Esplanade have vacant units that are not currently listed on the MLS.
Which buildings have condos for sale downtown.
The Esplanade has 11 listed as pending and 10 sold- which leaves about another 140 units for sale that aren’t listed yet, which is more than every other listing on the market in Downtown Tacoma combined. Eek. So if we are being conservative, we could say that there are about 210 Condos and Townhouses for sale in 98402. In the past 12 months, 43 condos have sold. This means that at the current rate of sale it will take a little over 4 years for all the excess condos to be soaked up downtown. Read the rest of this entry »
