How to Avoid Buying a Money Pit in Seattle | Hello Seattle S3 E4
How do you know if the house you love is going to cost you $15,000 the month after you move in? Zach McDonald and Dan Keller walk through the inspection items that actually matter in Washington — sewer lines, roofs, foundations, water intrusion, rodents, mold, asbestos and oil tanks — and the one distinction that separates a normal repair from a real money pit: whether the work adds value or just fixes a problem. Both of them have paid for it personally. Dan skipped a sewer scope and the basement flooded two months after closing: a $15,000 bill. Zach found out from a city worker knocking on his door that his sewer line was 90% collapsed. Plus: what unpermitted work does to a deal under the new appraisal guidelines, how lenders actually treat deferred maintenance, and Dan's 1% rule for every first-time buyer. Thinking about buying or selling a home in the Seattle area soon? Please don't hesitate to reach out! Dan Keller (mlo# 115349) Mortgage Advisor New American Funding call/text: (425)-350-7136 dankellermtg@gmail.com Instagram: @mymortgageguydan mymortgageguydan.com Zach McDonald Real Estate Agent Real Property Associates (425) 543-3561 zach@mcdonaldresidential.com Connect with Zach on social: Website - http://www.mcdonaldresidential.com/ Zillow - http://www.zillow.com/profile/mcdonaldresidential/ Facebook - https://www.facebook.com/mcdonaldresidential/ Twitter - https://twitter.com/zachseattle Instagram - https://www.instagram.com/mcdonaldresidential/ Google - https://goo.gl/maps/NvgkqngqvZKG8ZrB6