Buying a house in Bellevue/Kirkland

Dec 3, 2019 28 Comments

Range of 1-1.5m
Anything I should watch out for? Any advices? What area should I look at

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TOP 28 Comments
  • Facebook GaAn03
    Pay extra for the plumbing inspection. Your regular inspection won't include throwing a camera down the pipes to look for major leaks or structural issues.

    Triple check about HOAs and any rules.
    Dec 3, 2019 9
    • ServiceNow / Eng bubub
      OP
      its on the right side of 405 near exit 10b.
      Dec 3, 2019
    • Qualtrics ohmyz
      Got it. Below Factoria. All/Majority bellevue houses are old. Most from 60-70s, though. Why not Renton, Issaquah? Houses are much newer. Renton is cheaper too.
      Dec 3, 2019
    • Facebook public2
      Becasue 1) old houses are better (new houses are cheaply made and in worse locations 2) rent'in is cheaper for a reason :). Also above factoria and no short drive to Issaquah.
      Dec 3, 2019
    • Qualtrics ohmyz
      Old houses come with their own problems like pests, mold, lead paint, etc.
      Dec 3, 2019
    • Facebook public2
      Sure, sometimes! Much easier to remove mold or asbestos than change the location. Location is the first through third rules in real estate. Not buying a new plastic home is the forth :)
      Dec 3, 2019
  • Amazon 1048573929
    Not to judge, but that’s an expensive house for your comp. Do you have a massive down payment or other income coming from somewhere else?
    Dec 3, 2019 3
    • ServiceNow / Eng bubub
      OP
      my parents will be supporting me
      Dec 3, 2019
    • Amazon leetbro
      Not really, especially if he’s putting 20% down
      Dec 3, 2019
    • Amazon 1048573929
      Supporting you with the 800k you mentioned below? Damn...
      Dec 4, 2019
  • Capco dmodemd
    I bought my house in Kirkland using an amazing off market agent. We were having a horrible time competing in the market for that area but he made it happen with no bidding war.
    Dec 3, 2019 1
    • AOL CwXk65
      Report this guy. He is the reason why people don't get what they want.
      Dec 3, 2019
  • Amazon kundle
    you just missed out on REIs cyber Monday sale.
    Dec 3, 2019 1
  • F5 Networks RRA
    TC/YOE or GTFO.
    Dec 3, 2019 1
    • ServiceNow / Eng bubub
      OP
      TC: 170k
      Dec 3, 2019
  • Microsoft / Eng dUKM75
    Dont buy a house you cant afford. 170k buys a 750k house MAX. And that would be considered house poor. Do you have 300k to put down in your scenario? If you lose your job, are your parents good for paying 7-10k a month for the foreseeable future?
    Dec 3, 2019 3
    • ServiceNow / Eng bubub
      OP
      I was thinking about buying a house for the next 5-10 years. there arent any decent houses in bellevue below 1M ;( I was thinking about 2-3k monthly payments with 800k down payment
      Dec 3, 2019
    • Microsoft / Eng dUKM75
      Why put that much down? That defeats the purpose of all that cash uninvested and defeats the purpose of a mortgage. With the market near all time highs, even for real estate, you're taking a huge risk. Why not rent or buy something a lot cheaper? Rent is preferred if you don't want to commute to accomplish that. Just my .02.
      Dec 3, 2019
    • ServiceNow / Eng bubub
      OP
      you make a point. I am currently worried that we will entering a long inflationary period where interest rates will stay flat around 2-3%. I also think that there will be less and less viable places to park cash
      Dec 3, 2019
  • Capco dmodemd
    I bought down to 2.75% mortgage rate and parked my cash at 2% FDIC insured.
    Dec 4, 2019 0
  • T-Mobile / IT s@njay
    Are you married? Any children? Does your spouse work?
    My advice is to make sure you have the income to pay the mortgage.
    Dec 3, 2019 0
  • Oracle aimlds
    How are u planning to afford the price on Ramnath TC ?
    Dec 3, 2019 0
  • Facebook cochococho
    Medina
    Dec 3, 2019 0

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