If you are getting a loan to secure your condo, then the answer is definitely yes. The lender will require that you have your home owner insurance in place before they will approve the loan and close on that loan.
According to a press release from LUMA Condominiums, they are now 68% sold and are quickly approaching move-in ready status.
This month join me at Top Pot in Capitol Hill where we will discuss strategies to compete for condos in the fast paced Seattle condo market, including tactics on choosing the right lender that will help your offer be more attractive to seller’s and their listing broker.
I’ve been saying for years, that one way our city and state can help address affordable housing within our skyrocketing condo market, is to address the issue that developers are afraid to build condos! Why are they afraid? Because they know they are going to get sued by the HOA’s, and to prepare for that, they have to pad the development budget by driving up the cost of the condo units to make up for the expense.
NEXUS Condominiums is reporting a very strong turn out to their grand open reservation event this past weekend. We attended a preview event last week, and so far the offering of condos at NEXUS sounds very compelling. With two other condo projects nearing their completion and closings this summer (Insignia Condominiums and Luma Condominiums) it's not surprising there is demand for another high-end luxury condo community in the downtown core.
A major redevelopment is taking place in the Little Saigon section of the International District. The 2.5 acre property being redeveloped is located at S Jackson St and 12th Ave S and currently houses businesses such as the Viet-Wah Supermarket and the very popular restaurant, the Tamarind Tree, but will soon be an eight story mixed use development.
If you were considering reserving a condominium when NEXUS is released on June 4th, they have now released floorplans, pricing and what the reservation process will entail.
There are pros and cons to every strategy when it comes to listing your house or condo. For offer review dates here are potential risks and benefits.
I am moving to Seattle and want to buy right away but don’t start my job for a couple months, what do I do?
According to the email we just received from the marketing/sales team over at NEXUS Condominiums, they will begin accepting reservations starring at 11am on Saturday June 4th. Along with the reservation [...]
