MasinMadasHell
MasinMadasHell t1_jed9of8 wrote
Reply to Are low foreclosed and pre-foreclosed house prices a scam? How is it possible for their prices to be so low? I'm planning on moving to Seattle soon and have been considering them. by illusiveconsistence
In the Seattle area, there is something very wrong with that house if it's going for 200-300K.
MasinMadasHell t1_jed9gok wrote
Reply to Too much debt to take on? by Informal_Quit4830
Only if you get a roommate. More than half of your income will be the payment + you'll have a new loan payment? That doesn't leave you with much cushion and opens you up for risk (what happens if you need a major repair done in six months?)
MasinMadasHell t1_jed97uh wrote
I suggest looking at mortgage calculators to look at what the total payment will be. Property taxes in Pierce County are super high, so be sure to take that into consideration with your monthly payment.
MasinMadasHell t1_jedb84t wrote
Reply to comment by Chadmium1 in Are low foreclosed and pre-foreclosed house prices a scam? How is it possible for their prices to be so low? I'm planning on moving to Seattle soon and have been considering them. by illusiveconsistence
WOW I really misread that. I doubt you can find anything in the state of WA for 20-30K let alone puget sound.