John Maynard http://www.kplu.org en Buying a Historical Landmark http://www.kplu.org/post/buying-historical-landmark <p><span style="line-height: 1.5;">Interested in buying a home that's on a register of historic places? If so, you could be stepping into a lovely slice of&nbsp; history, but it's&nbsp; likely you will be expected to help preserve and maintain it. This goes for stand-alone houses and condos that are part of a historically-significant building.</span></p><p> Tue, 06 Aug 2013 12:00:00 +0000 John Maynard & Richard Hagar 9529 at http://www.kplu.org Buying a Historical Landmark 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' Better to talk more and text less when buying a home http://www.kplu.org/post/better-talk-more-and-text-less-when-buying-home <p>Millennials are the most connected generation in history. In fact, The Pew Research Center calls them "history's 'always connected' generation, treating their handheld devices 'almost like a body part.'"</p><p>So when it comes to buying a home, Millennials (those born after 1982) are more likely to do most of their research online as well as communicate electronically. This extends to communicating with real estate agents. But real estate appraiser Richard Hagar says if you're buying a home, "talking" through texting&nbsp; is useful only up to a certain point.</p><p> Tue, 07 May 2013 12:00:00 +0000 John Maynard & Richard Hagar 8680 at http://www.kplu.org Better to talk more and text less when buying a home Seattle property values: Catching up with San Francisco? http://www.kplu.org/post/seattle-property-values-catching-san-francisco <p>What's ahead for Seattle when it comes to property values and density? Seattle-area real estate appraiser Richard Hagar tell's KPLU's John Maynard that San Francisco may have some of the answers.</p><p> Tue, 05 Feb 2013 13:00:00 +0000 John Maynard & Richard Hagar 7725 at http://www.kplu.org Seattle property values: Catching up with San Francisco? 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 Renting out your basement: Extra income or extra hassle? http://www.kplu.org/post/renting-out-your-basement-extra-income-or-extra-hassle <p>In these tough economic times, it's always tempting to look for ways to bring in extra income. So how about fixing up your basement so that you can rent it out? It would be nice to have an extra $800.00 or so coming in every month. But are there questions that should be answered before moving forward?&nbsp;</p><p> Tue, 02 Oct 2012 21:39:55 +0000 John Maynard & Richard Hagar 6562 at http://www.kplu.org Renting out your basement: Extra income or extra hassle? 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 Cracking down on suspicious home buyers http://www.kplu.org/post/cracking-down-suspicious-home-buyers <p>Since the 1970s, banks have been required to <a href="http://www.fincen.gov/">report any suspicious house purchases to the FBI</a>. Now that mandatory reporting is netting mortgage brokers, too. Seattle area real estate appraiser Richard Hagar says that&#39;s a good thing since about 80 percent of home loans go through mortgage brokers.&nbsp;</p><p> Tue, 03 Apr 2012 12:00:00 +0000 John Maynard & Richard Hagar 4581 at http://www.kplu.org Cracking down on suspicious home buyers Paramount's library: A treasure trove of memories http://www.kplu.org/post/paramounts-library-treasure-trove-memories <p>1928 Model T Fords, top hats, and thousands of people spilling out onto 9th and Pike. It&#39;s the opening of Seattle&#39;s Paramount Theatre (originally called the Seattle Theatre). Now that rich history is archived in the new, fourth-floor Paramount library.&nbsp;</p><p> Mon, 02 Apr 2012 11:30:00 +0000 John Maynard 4607 at http://www.kplu.org Paramount's library: A treasure trove of memories 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