Street Cents http://www.kplu.org en Home Loans To Get More Scrutiny In 2014 http://www.kplu.org/post/home-loans-get-more-scrutiny-2014 <p><span style="line-height: 1.5;">If you're planning to buy a house this year, closing on the deal will come with some changes.&nbsp; The two </span>biggies<span style="line-height: 1.5;">, says Seattle area real estate appraiser Richard Hagar, involve appraisals and the final approval of&nbsp; your bank loan.</span></p><p> Tue, 07 Jan 2014 13:00:00 +0000 John Maynard & Richard Hagar 12320 at http://www.kplu.org Home Loans To Get More Scrutiny In 2014 Buying a Recreational Home: Is the Couch Included? http://www.kplu.org/post/buying-recreational-home-couch-included <p></p><p>With the economy picking up, housing sales have also been on the rise, including recreational property. Many of those ski chalets and charming cabins often include furniture.</p><p>Is it OK to include couches, lamps and things in a sale? Maybe, says Seattle real estate appraiser Richard Hagar, but you need to be careful.</p><p> Tue, 03 Dec 2013 13:00:00 +0000 John Maynard & Richard Hagar 11371 at http://www.kplu.org Buying a Recreational Home: Is the Couch Included? Key Questions to Ask Before Letting an Appraiser in the Door http://www.kplu.org/post/key-questions-ask-letting-appraiser-door <p><span style="line-height: 1.5;">Should you vet a residential appraiser before letting him in the door? That's the question KPLU's&nbsp;John Maynard had.</span></p><p><span style="line-height: 1.5;">"Ask questions!" says&nbsp;</span><span style="line-height: 1.5;">Richard Hagar, a Seattle-area&nbsp;</span><span style="line-height: 1.5;">real estate appraiser and educator.&nbsp;</span></p><p></p><p> Tue, 05 Nov 2013 13:01:00 +0000 John Maynard & Richard Hagar 10817 at http://www.kplu.org Key Questions to Ask Before Letting an Appraiser in the Door Money for thin air: Selling your home's 'air rights' http://www.kplu.org/post/money-thin-air-selling-your-homes-air-rights <p><span style="line-height: 1.5;">The air above your house could be worth a lot of cash if you have a view that's enjoyed by others in your neighborhood.</span></p><p>If you have a low-lying home that sits on a bank overlooking Puget Sound, for example, chances are the neighbors on the hill behind you may want to pay you to keep you from building up and blocking their view.</p><p> Tue, 04 Jun 2013 12:01:00 +0000 John Maynard & Richard Hagar 8979 at http://www.kplu.org Money for thin air: Selling your home's 'air rights' Fewer parking spaces in Seattle apartments likely to drive up prices http://www.kplu.org/post/fewer-parking-spaces-seattle-apartments-likely-drive-prices <p>As Seattle continues to focus on urban density, parking for those living within the urban core is becoming harder to find.</p><p> Tue, 04 Dec 2012 13:00:00 +0000 John Maynard & Richard Hagar 7255 at http://www.kplu.org Fewer parking spaces in Seattle apartments likely to drive up prices Full disclosure or risk a lawsuit http://www.kplu.org/post/full-disclosure-or-risk-lawsuit <p>If you buy a house and shortly after moving in you're surprised to find a big crack in the foundation or the septic tank bubbling over, wouldn't your first question be, "Did the seller know about this?" Seattle-area real estate appraiser Richard Hagar says it's bad news all around if problems are not disclosed before the sale. Surprises like this not only mean headaches for the buyer but more times than not they lead to&nbsp; lawsuits for the seller and his real estate agent. So, what exactly should a seller disclose?</p><p> Tue, 06 Nov 2012 13:00:00 +0000 John Maynard & Richard Hagar 6898 at http://www.kplu.org Full disclosure or risk a lawsuit Population growth and housing in Seattle: Going up, up, up! http://www.kplu.org/post/population-growth-and-housing-seattle-going <p>As more people move into the Seattle area, the demand for housing goes up. And so does the style of housing with high-rise apartments and condos replacing older, stand alone homes. Real estate appraiser and educator Richard Hagar tells KPLU&#39;s John Maynard this trend is expected to continue, thanks to our relatively stable economy and mild weather. Both are factors for people moving here, as are the companies that continue to employ thousands of people such as Amazon and Microsoft.</p><p> Tue, 07 Aug 2012 12:00:00 +0000 John Maynard & Richard Hagar 5904 at http://www.kplu.org Population growth and housing in Seattle: Going up, up, up! It's not an apartment or a condo. It's a co-op! http://www.kplu.org/post/its-not-apartment-or-condo-its-co-op <p>There are apartments and condos. Then there are co-ops.&nbsp; This type of real estate ownership is pretty common in large East Coast cities such as New York, Philadelphia and Boston, but it&#39;s not as common here.</p><p> Tue, 05 Jun 2012 12:00:00 +0000 John Maynard & Richard Hagar 5187 at http://www.kplu.org It's not an apartment or a condo. It's a co-op! Bank loans tough to get for fire stations and churches http://www.kplu.org/post/bank-loans-tough-get-fire-stations-and-churches <p>Bored with regular, run of the mill houses? Looking for something unusual? How about buying a fire station or a church for a home?&nbsp;</p><p>Seattle-area real estate appraiser Richard Hagar says although places like this could be fun to live in, banks are usually skittish about loaning money for anything out of the ordinary.</p><p> Tue, 01 May 2012 11:30:00 +0000 John Maynard & Richard Hagar 4884 at http://www.kplu.org Bank loans tough to get for fire stations and churches Real estate commissions aren't set in stone http://www.kplu.org/post/real-estate-commissions-arent-set-stone <p>KPLU&#39;s&nbsp; John Maynard posed this question to Seattle-area real estate appraiser, Richard Hager: &quot;If I sold a $2 million dollar house and paid the real estate agent his standard commission, then he&#39;d get $180,000 out of the deal.<a href="http://money.cnn.com/2006/03/31/pf/saving/willis_tips/"> Is that a negotiable situation?</a>&quot; Hagar&#39;s answer?</p><p> Tue, 06 Mar 2012 12:00:00 +0000 John Maynard & Richard Hagar 4332 at http://www.kplu.org Real estate commissions aren't set in stone Rough time refinancing? Try again. http://www.kplu.org/post/rough-time-refinancing-try-again <p>Is it true that there there&#39;s a bank vault out there full of cold, hard cash that&#39;s now available to people trying to refinance? That&#39;s what KPLU&#39;s John Maynard asked Seattle-area real estate appraiser Richard Hagar when he dropped by KPLU&#39;s studios recently. Without skipping a beat, Hagar responded:</p><blockquote><p>&quot;The good news is if you&#39;ve missed some mortgage payments or you were in foreclosure, banks now have more cash available. And they&#39;ve loosened up the purse strings a bit.&quot;</p></blockquote><p> Tue, 07 Feb 2012 12:30:00 +0000 John Maynard & Richard Hagar 4043 at http://www.kplu.org Rough time refinancing? Try again. Not all condos are buildings in the investment world http://www.kplu.org/post/not-all-condos-are-buildings-investment-world <p>When most of us talk about condos, we&rsquo;re usually referring to buildings with apartment units that are individually owned. &nbsp;But as real estate appraiser Richard Hagar tells KPLU&rsquo;s John Maynard, a condominium is technically a type of ownership.</p><p>So you can also &quot;condominiumize&quot; other types of property. Hagar says it&#39;s a hot trend for investors.&nbsp;</p><p><strong>Condo parking spaces</strong></p> Tue, 03 Jan 2012 12:30:00 +0000 John Maynard & Richard Hagar 3512 at http://www.kplu.org Not all condos are buildings in the investment world For some, the gamble of an adjustable-rate mortgage pays off http://www.kplu.org/post/some-gamble-adjustable-rate-mortgage-pays <p>KPLU&#39;s John Maynard bought a condo in 2007 &ndash; at the height of the market. He took out an adjustable-rate mortgage that&#39;s &quot;adjusting&quot; in June.</p><p>That&#39;s turned out to be good news for Maynard, who&#39;s mortgage payment will go down considerably since interest rates are low right now and expected to be so for quite some time.</p><p> Tue, 06 Dec 2011 12:28:00 +0000 John Maynard & Richard Hagar 3333 at http://www.kplu.org For some, the gamble of an adjustable-rate mortgage pays off Banks give money for keeping a foreclosed house looking good http://www.kplu.org/post/banks-give-money-keeping-foreclosed-house-looking-good <p>Some banks will pay you if you keep your foreclosed house in good condition. That includes things like&nbsp; mowing your lawn and keeping your toilets and countertops spick and span.</p><p>Seattle-area Real Estate Appraiser and educator Richard Hagar tells KPLU&#39;s John Maynard that some lenders offer in the neighborhood of $2,000.00 to ex-homeowners&nbsp; for keeping foreclosed property looking neat and tidy.&nbsp;</p><p> Tue, 01 Nov 2011 11:30:00 +0000 John Maynard 3046 at http://www.kplu.org Banks give money for keeping a foreclosed house looking good New home sales: Great deals at center of state, end of runway http://www.kplu.org/post/new-home-sales-great-deals-center-state-end-runway <p>Great deals on new homes can be found on the plains and near the planes.</p><p>That&#39;s the word from Seattle-area real estate appraiser Richard Hagar. New developments on the&nbsp; flatlands of&nbsp; <a href="http://quincywashington.us/quincy/">Quincy, Wash.,</a> and the &quot;loud lands&quot; near Sea-Tac Airport are being built and sold at a pretty fast clip. Hagar tells KPLU&#39;s John Maynard there are some interesting reasons for that.</p><p> Tue, 06 Sep 2011 12:00:00 +0000 John Maynard & Richard Hagar 2447 at http://www.kplu.org New home sales: Great deals at center of state, end of runway