New Story Just Out: ‘Sea Pickles’ Wash Ashore In Pacific Northwest

Yet another interesting headline in the world of health and well-being. ‘Sea Pickles’ Wash Ashore In Pacific Northwest
Unicorns of the sea or sea pickles. Whatever you call them, pyrosomes are suddenly making life hard on the Pacific coast of the U.S. and Canada. Rachel Martin and Steve Inskeep explain.

Read the full story here

Newsflash: 23 year old – first time home buyer help

Hello,So I am new to this whole home buying process and I have done some research. So I am 23 with no student loans (paid off) and 6k left on my car. I have 20k saved up. I make 54k a year in Massachusetts. My question is, what are my chances of being able to be approved for a home loan? Whether it be conventional or FHA. Also any tips on reaching out to lenders and banks? Thanks in advance for your help!

Read more at https://www.reddit.com/r/RealEstate/comments/6k6drp/23_year_old_first_time_home_buyer_help/?utm_source=ifttt

Newsflash: Received a letter from a Realtor claiming they have clients interested in our neighborhood and wish to make an offer. Legit? Or are they just fishing for clients?

The letter reads:We would like to extend an offer on your property located at XXXXX.We are writing this letter on behalf of our clients Todd and Mary who are looking to purchase a property in your neighborhood. This is not a solicitation for a listing, rather an expression of interest in writing an offer on your property due to lack of active inventory in the neighborhood.If you are looking to sell your home, or know someone in the neighborhood who is, please give us a call at XXX. We would be delighted to work with you.We look forward to hearing from you!

Read more at https://www.reddit.com/r/RealEstate/comments/6k69fh/received_a_letter_from_a_realtor_claiming_they/?utm_source=ifttt

Newsflash: Personal letter with offer

I’m in a sellers market, most properties (that I can afford) are listed for less than a week before an offer is accepted.I’ve been told by multiple agents that I need to write a personal letter if I have any hope of getting an offer accepted, despite what I consider a very competitive offer.10% over list.Only contingency is financing (10 days).30-day rent-back at no cost.Do I really need to include a personal letter? Does anyone have any suggestions on what to put into one?I’ve read the samples my agent provided. I’ve read various samples on the internet. They all seem so vacuous, I just can’t bring myself to write a similar letter. This should be a business transaction, I shouldn’t need to pull the heart strings of the seller by commenting on how beautiful the floors are or how much we love the property.

Read more at https://www.reddit.com/r/RealEstate/comments/6k5vdt/personal_letter_with_offer/?utm_source=ifttt

Newsflash: 15yr or 30yr Mortgage on 240k loan? Self-employed.

Buying my first house. 300k sale price, putting 20% down so approx 240k loan. My options are a 30yr at 4.375 or 15yr at 3.375.Monthly payment after taxes and insurance on the 15yr is about 2075. I’m self-employed, so I’m new to learning what I can and can’t write off on my taxes. From what I’ve read, I can deduct mortgage insurance and estate taxes.I also have a sizable home office in the new property. So I’ll be taking a deduction on that, though I’m still figuring out exactly what I’ll be able to write off if I don’t choose the standard $5 per sq ft deduction (max of $1500).I’m leaning towards 15yr but is there anything I’m not thinking of here? Both mortgages allow any additional $ paid to go to the principle and there are no early-payment penalties. My thought is to go hard the next 5 years and pay off as much as possible.I’m new to home ownership and just want to make sure I’m not missing anything, as this process is a bit overwhelming.Thanks!

Read more at https://www.reddit.com/r/RealEstate/comments/6k4kvq/15yr_or_30yr_mortgage_on_240k_loan_selfemployed/?utm_source=ifttt

Newsflash: Kurt Cobain and Understanding Assessor Record Data

Kurt Cobain was found dead in his home on 4/8/1994. His home (171 Lake Washington Boulevard East, Seattle, WA) has a sale document date of 6/7/1994, this document can be found at the following links:Seattle County Assessor Parcel 195470-0155The document1.) The sale data on the assessor record shows $0 payed by “LOVE-COBAIN COURTNEY”, why is this?2.) Why is it dated on 6/7/1994, when Cobain was already living there? Does it take that long for these documents to make it through the system? Within the document it does state “Allen Draher, trustee of the lake Washington Blvd East Trust UTA dated January 19, 1994, (hereinafter called “GRANTOR”)”… is this the actual date of sale? The document is also notarized on what looks to be 8/19/1995, which is also throwing me off. Seems like all of this document should be prior to Cobain moving in.

Read more at https://www.reddit.com/r/RealEstate/comments/6k4m0g/kurt_cobain_and_understanding_assessor_record_data/?utm_source=ifttt

Newsflash: Need advice ASAP (Wholesale)

Hi guys. I’ll give you the TLDR version of the situation:First time trying to wholesale a property. Have an amazing potential deal, and want to sign a contract with the seller. I believe I have a investor who would really be interested in the property. My question is, when I present the investor with the property and my new price, whats to stop him from declining my offer, and waiting until MY contract expires and just go directly to the seller? Why would he pay me (who is clearly making money off the deal) instead of waiting it out?Also, if anyone has any other good pointers on a wholesale, I would greatly appreciate it!

Read more at https://www.reddit.com/r/RealEstate/comments/6k4ctv/need_advice_asap_wholesale/?utm_source=ifttt

Newsflash: Home Affordability

Not sure how accurate these “How Much Home Can I Afford” calculators are, but I plugged in the numbers with what both husband and I make and it came in at what I consider an insane number — $785,000. I’m looking at a house that is priced at $345,000 and think that’s at the top of what I’m comfortable paying. Just curious as to how these calculators come up with their numbers.

Read more at https://www.reddit.com/r/RealEstate/comments/6k43e5/home_affordability/?utm_source=ifttt

New Story Just Out: Boaty McBoatface Makes Its Triumphant Return, Hauling ‘Unprecedented Data’

Yet another interesting headline in the world of health and well-being. Boaty McBoatface Makes Its Triumphant Return, Hauling ‘Unprecedented Data’
The curiously named submersible wrapped up its inaugural voyage last week. And, as the British Antarctic Survey noted Wednesday, Boaty acquitted itself well on the seven-week expedition.

Read the full story here