Seattle Real Estate News & Local Happenings

Your Parent Had a Reverse Mortgage. Now You’re Selling the House: What Washington Heirs Need to Do First

By

Probate & Estate • Greater Seattle A Practical Guide to Reverse Mortgage Deadlines, Payoff Options, Probate, and Selling an Inherited Home in Washington State. The Short Answer When the last borrower with a federally insured reverse mortgage dies, the loan generally becomes due and payable, unless a surviving co-borrower or eligible non-borrowing spouse qualifies for … Continued

Buying a Condo in Seattle: What Buyers Need to Know

By

Seattle Home Types Buying a Condo in Seattle: What Buyers Need to Know Buying a condo in Seattle can give you access to neighborhoods, views, amenities, and locations where purchasing a detached house might be considerably more expensive. Condos can also simplify some parts of homeownership because the association typically maintains certain common areas and … Continued

Buying a Townhouse in Seattle: What Buyers Should Know

By

Seattle Home Types Buying a Townhouse in Seattle: What Buyers Should Know For many buyers, buying a townhouse in Seattle provides an appealing middle ground between a condo and a detached house. You may get your own entrance, multiple floors, parking, newer construction, and sometimes a rooftop deck while staying closer to the city than … Continued

Buying a Single-Family Home in Seattle

By

Seattle Home Types Buying a Single-Family Home in Seattle For many buyers, buying a single-family home in Seattle means more privacy, a yard, additional storage, and greater control over the property than you would typically have with a condo. The tradeoff is that you are also taking responsibility for the roof, exterior, sewer, drainage, landscaping, … Continued

Should You Sell or Keep an Inherited House as a Rental?

By

Inherited Property Decisions Should You Sell or Keep an Inherited House as a Rental? If you inherit a house with substantial equity, keeping it as a rental can sound appealing. Instead of selling a valuable asset, you keep the property, collect rent, and potentially benefit from future appreciation. Sometimes that is a very good decision. … Continued