Do you have a home that has fire damaged that you want to sell? From Marysville to Everett and Lynnwood on down to Seattle, we are buying fire damaged houses. Your house may be in bad shape, and you may be finding that it may be too much work to repair it. It may even be a better deal for you to take your insurance money and sell your home for one that fits you better.
In any case, if you have a fire damaged home in the Seattle area, call us today at 425-640-2509 and let us know! We can get you an offer and get you moving on with your life.
Seattle multifamily property owners are still not coming to grips with slipping prices in their markets. While we have seen some rise in cap rates over 2-3 years ago, investors now are wanting better than the 5-7% that many sellers are offering.
Articles I am reading are pointing to investors wanting 8-11% cap rates on B and C class properties, so a lot of Seattle multifamily property owners are going to have to cool their heels for a while if they want to sell. What they are not seeing is that the mutlifamily real estate market is going national. Buyers in Seattle with money to invest do not have to put up with low local rates of returns. Instead they can purchase properties all across the country, have them professionally managed and still get a great returns.
We keep looking for good properties to make offers on, but some of these sellers still have their heads in the clouds about what their ‘investments’ are really worth in today’s real estate market.
Equity Investors Target 50 Percent Higher IRRs
Do you have a mutlifamily property you need to sell in the greater Seattle area? We are looking for value priced multifamily properties right now, so if you need to sell, we can make you an offer!