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by Thai Nguyen
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- Feb 21, 2017
A Word About Luxury Condos in Bellevue
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- Jan 18, 2017
What Can Home Equity Do for You?
If you live in a home for a long period of time, you’re building equity off that home. Here’s how you can use that equity. Buying a home? Click here to perform a full home search Selling a home? Click here for a FREE Home Price Evaluation How can you build wealth using your home? When you live in your home over a long period of time, you’re building equity off that home. During that period, you’re paying more off the principal of that property instead of the interest. This is a useful way to pay down your mortgage and earn equity. “ You can use the equity of your home to pay off debts and assets. ” When you build a lot of equity, you’re able to take out a home equity line of credit out. This can allow you to pay off anything from a large asset—such as your car—to an outstanding loan debt. When you take a line of credit out of your home, you can also get a tax deduction off that amount. If you have any questions about this topic or are interested in buying or selling real estate, feel free to reach out to us so we can discuss building your portfolio and achieving financial freedom. I look forward to speaking with you!
- Dec 22, 2016
Thank You for Your Support in 2016
.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Happy New Year and thank you for your support! Buying a home? Click here to perform a full home search Selling a home? Click here for a FREE Home Price Evaluation I just wanted to take a minute to thank you for your support this year. Thanks to you, I’ve been able to grow my team. We are able to provide great service while giving back to the community. In 2017, we are going to do so much more, and we would love for you to be a part of it. For now, have a great New Year and enjoy the holiday season. We are going to rock 2017! See you soon!
- Dec 5, 2016
How Important Is a Sewer Inspection?
.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Why are sewer inspections so important for your house? I've brought in a professional inspector to explain why the $200 inspections could save you tens of thousands of dollars. Buying a home? Click here to perform a full home search Selling a home? Click here for a FREE Home Price Evaluation Today I wanted to take a moment to tell you about why it's important to do a sewer scope or inspection on a property. I've brought in an expert in Todd Vecchio of Sound Sewer Inspection to help me explain the process. A sewer inspection is an important part of the house you're buying that you can't see, Todd says, and can have a value from $50,000 to $75,000. It's the one part of the house that has a very substantial value that you can't see. “ A sewer inspector will put a camera into the system's pipes, like a colonoscopy for the house. ” <div dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt; text-al
- Nov 7, 2016
Are You Thinking of Purchasing a Condo?
.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Buying a condo can be a big purchase, and it’s important that you do your research before you make an offer. Today I’ll go over five things you need to know before buying a condo. Buying a home? Click here to perform a full home search Selling a home? Click here for a FREE Home Price Evaluation Today I want to go over five things you need to know before you purchase a condo: 1. What are the HOA dues? What do the HOA dues cover? Sometimes they cover lawn maintenance and swimming pool upkeep while others cover water utilities and trash collection. The condo in the video is technically a townhome, so the HOA dues, in this case, are much lower. You would only have to pay $120 a month, but that’s because the HOA only covers landscaping maintenance in the common areas. 2. What is the rental cap? Make sure that each condo association you are interested in does not allow a lot of renters. When rental rates are high, the next person who purchases a condo in that complex will have a hard time getting financing, which could mean that you will have trouble when it comes time for you to sell the property in the future. <span style="background-color: transparent; color: black; font-family: "arial&qu
- Jun 7, 2016
Tips for Buying a Bank-Owned Seattle Property
.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Buying a home? Click here to perform a full home search Selling a home? Click here for a FREE Home Price Evaluation Buying a bank-owned property can seem overwhelming, but it can be amazing to see the potential in the property come to life. Here are a few tips for purchasing bank-owned properties. When your offer gets accepted on a bank-owned property, you absolutely must do a full inspection. In order to know everything that is going on with the property, you need to call the utility company to turn the utilities on. Usually, the bank will shut off the water and electricity to prevent leaks and other issues while the home is vacant. The utility company will turn everything on for 24 hours. That’s when your inspector can go in, run the water, check the heating system, and make sure everything is working. It costs about $200 to turn the utilities back on for the day, and the inspection will cost about $450 or $500, depending on the size of the property. <span style="background-color: transparent; color: black; fon
- May 23, 2016
Common Questions About the 1031 Exchange
.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Buying a home? Click here to perform a full home search Selling a home? Click here for a FREE Home Price Evaluation Kevin Hummel is with McFerran Law here in Seattle, and he is a certified exchange specialist. Kevin helped me with my 1031 exchange, and he’s here to answer some common questions. First off, why would you do a 1031 exchange? In short, we do this to avoid capital gains. The 1031 exchange can save you tens of thousands of dollars. It’s a simple process that happens during the normal closing process. Then, Kevin steps in and works directly with your escrow company. “ The 1031 exchange can save you tens of thousands of dollars. <span style="color: #0985f7; display: block; float: righ
- Apr 22, 2016
Instantly Upgrade Your Seattle Home Value
.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Buying a home? Click here to perform a full home search Selling a home? Click here for a FREE Home Price Evaluation A lot of my clients in Seattle have been asking me how it’s possible to increase their Zestimate on Zillow. The Zestimate is created by an algorithm, and there is no ability for humans to manually alter the Zestimate for a specific property. Zillow can't take features or upgrades on your property and compare them to other recently closed homes in your area, even though doing so gives you a more updated value on your property. Tax values and data from appraisals are used to place a value on your home, which really has nothing to do with its real market value. However, you can go into Zillow and claim your home, which allows you to change the data on the website. Zestimates are notorious for being inaccurate, and this is one way to combat this problem. Simply follow the instructions in the video and update the features of your home. You can even add square footage from your basement and new pictures of your home. Within 24-48 hours your home value will change on the website. <span style="background-color: transparent; color: black; font-family:
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About Thai Nguyen Real Estate Podcast
If you are looking to buy or sell a home, get all the information and the latest updates, tips, and tricks from Thai Nguyen - your professional Seattle Real Estate Agents.
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