Where is the best place to buy a house in Seattle?

Redmond is more of a very small city or big town. Niche User: Gig Harbor is a great little town filled with great people. It’s in a beautiful location, there is lots to do and see, and the people are some of the kindest around. However, many people are moving to the area so traffic is getting worse and prices of items are increasing.

Can you buy a house with an existing tenant?

If you’re buying rental property with existing tenants, whether they occupy the entire space or only a basement or garage apartment, you are probably focused on the property’s income-generating potential. But you’re also taking on important legal obligations.

Can You terminate a month to month lease in Seattle?

Properties in the city of Seattle also allow this, but termination of month-to-month leases is highly restricted by the Just Cause Eviction Ordinance. If you are inheriting lease obligations with your home purchase, you must spend the time to review the lease documents prior to closing.

What’s the best way to sell a house with a tenant?

Meeting in person is best, so ask your tenant to meet you for a cup of coffee. Make sure to allow enough time to address all of their questions. When selling rental property, it’s best to be straightforward and open with your tenant. If your tenant really loves where they live, they might be interested in buying the home.

Where do you have to be to buy a home in Seattle?

Homes purchased through this program must be inside the city limits of Seattle. Applicants must complete a pre-purchase homebuyer education program approved by the City of Seattle.

How does the Seattle office of housing help first time home buyers?

The Office of Housing provides downpayment assistance to first-time homebuyers at or below 80% of area median income through partnerships with local nonprofits and lending institutions. Our partners use Seattle Housing Levy funds, in addition to various other subsidy sources to create affordable homeownership opportunities in Seattle.

What’s the maximum down payment for a home in Seattle?

For resale restricted homes, developed by homeownership partner organizations the amount of assistance is higher. Up to $70,000, for homes with fewer than 3 bedrooms or up to $90,000 per unit for homes with 3 or more bedrooms. Maximum purchase price through the down-payment assistance program is $450,000.