Seattle Real Estate

by SelectSeattleHomes

Bellevue and Seattle Real Estate Mortgage Rate Watch 11/8/2010

Article by Seattle Real Estate Reel

View the daily video here: http://www.realestatereel.com/bellevue-and-seattle-real-estate-mortgage-rate-watch-1182010/

Seattle / Bellevue Real Estate Mortgage Rate Watch: Today’s bond auction came in with neutral reaction and little impact on rates. There is little economic news this week to pressure rates. More attention will be on the G20 summit and their reaction to the Federal Reserve and QE2.

Follow us on Twitter for any breaking news and leave feed back or comments belowSeattle and Bellevue home mortgage rates will fluctuate daily and sometimes hourly depending on the volatility and economic news. A simple way to follow the trends of impacting news is to review the “Events” calendar on http://www.themortgagereel.com. We will provide the daily impacting news in advance to help advise.

We will continue to post updates with current trends. Depending on your goals for locking your rate. If you are on the short term, play close attention to the market. If you are on the long term and have more time, make sure you secure on the best day.

Currently Seattle and Bellevue real estate is greatly impacted with the historically low mortgage rates. Did you know that a % change in interest rates is equal to a 5% change in the sales price of a home? That means the recent dramatic drop in interest rates is equal to at least a 10% reduction in home sales prices.

With recent mortgage rates sitting at historically low rates, you are receiving even a better opportunity for purchasing local real estate.

If you are considering refinancing your home, please follow the break-even point to make sure you will receive a financial benefit!

Mortgage Rates hitting historical lows. Media saying Interest Rates will drop to 4.5%. Are you ready to take advantage of this opportunity? How much do you have to save on your interest rate before it makes sense? What are your goals and is your refinance matching your goals? TheMortgageReel.com is committed to making a difference, please watch our educational tutorial

Continue to follow both the Seattle Mortgage Reel and Real Estate Reel.

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by SelectSeattleHomes

Bellevue and Seattle Real Estate Mortgage Rate Watch 11/8/2010

Article by Seattle Real Estate Reel

View the daily video here: http://www.realestatereel.com/bellevue-and-seattle-real-estate-mortgage-rate-watch-1182010/

Seattle / Bellevue Real Estate Mortgage Rate Watch: Today’s bond auction came in with neutral reaction and little impact on rates. There is little economic news this week to pressure rates. More attention will be on the G20 summit and their reaction to the Federal Reserve and QE2.

Follow us on Twitter for any breaking news and leave feed back or comments belowSeattle and Bellevue home mortgage rates will fluctuate daily and sometimes hourly depending on the volatility and economic news. A simple way to follow the trends of impacting news is to review the “Events” calendar on http://www.themortgagereel.com. We will provide the daily impacting news in advance to help advise.

We will continue to post updates with current trends. Depending on your goals for locking your rate. If you are on the short term, play close attention to the market. If you are on the long term and have more time, make sure you secure on the best day.

Currently Seattle and Bellevue real estate is greatly impacted with the historically low mortgage rates. Did you know that a % change in interest rates is equal to a 5% change in the sales price of a home? That means the recent dramatic drop in interest rates is equal to at least a 10% reduction in home sales prices.

With recent mortgage rates sitting at historically low rates, you are receiving even a better opportunity for purchasing local real estate.

If you are considering refinancing your home, please follow the break-even point to make sure you will receive a financial benefit!

Mortgage Rates hitting historical lows. Media saying Interest Rates will drop to 4.5%. Are you ready to take advantage of this opportunity? How much do you have to save on your interest rate before it makes sense? What are your goals and is your refinance matching your goals? TheMortgageReel.com is committed to making a difference, please watch our educational tutorial

Continue to follow both the Seattle Mortgage Reel and Real Estate Reel.

More Seattle Real Estate Articles

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7th Annual Academy Awards Party Feat. Jinkx Monsoon
Event on 2012-02-26 16:00:00
Three Dollar Bill Cinema and Gay City Health Project are proud to present their 7th Annual Academy Awards party, held once again at the fabulous Seattle Cinerama on Sunday, Feb 26. Join Seattle's glitterati in their support of 2 of Seattle's most prominent nonprofits at Seattle's best Academy Awards party hosted by none other than Le Faux's own rising star Jinkx Monsoon. Enjoy light bites and decadent drinks, all while watching Hollywood's biggest stars shine on the biggest screen in town!

The party starts at 4pm for our VIP guests, who will enjoy special hors d'oeuvres, a no-host bar, and free champagne while hobnobbing during the pre-show festivities. VIP guests also enjoy reserved seating for the Academy Awards broadcast.

Our General Admission guests walk the red carpet at 5pm, where they can enjoy light bites and cocktails while taking in the big show.

All of our guests can take part in our famous Oscar Boy raffle for a chance to win a fabulous 5-star resort getaway in sunny Cabo, plus two other amazing local staycations!

21+ Event

Tickets:
General:
VIP:

Three Dollar Bill members will receive a discount.

Buy Tickets:https://secure.gaycity.org/cgi/event.cgi?eid=157

More info:gaycity.org/oscars

Sponsored by:
Seattle Cinerama
Philip Heier/Windermere Real Estate
Meza Latin Fare
Foodz Catering
Pearl Vodka
Seattle Rum Cake Co.
Magnolia Audio/Video
Gay City Travel Club
Orbitz

at Seattle Cinerama Theatre

Seattle, United States

Brunch Cruise & Designer Handbag and Accessories Sample Sale ~ Yacht boards at 11:30 am
Event on 2012-03-20 11:30:00
Brunch Cruise

Beautiful Yacht… Gourmet Dining… Stunning Views…

A unique way to experience Seattle from the water.

Let’s get together for a wonderful outing with fellow Fashionistas in grand style at the Brunch Cruise!

Enjoy an elegant Brunch as you cruise on Lake Union and Lake Washington aboard a sleek yacht. This brunch cruise includes a plentiful selection of classic Northwest favorites such as smoked salmon, quiche, caesar salad, seasonal french toast, bacon, sausage and other traditional brunch classics. Coffee, tea, soda and juice are complimentary, and full bar services are available for purchase onboard.

* Goodie Bags filled with items EVERY Diva MUST have!

* Giveaways and Door Prizes

* Raffles of Luxury Designer Handbags and accessories! – Raffle tickets are each per entry Designers presented are Gucci , Versace, Exte, GianFranco Ferre, Dolce & Gabbana, MMJ, Byblos and More!

* Designer Handbag and Accessories Sample Sale Onboard

Relaxing atmosphere and spectacular views of majestic mountain ranges, Seattle’s skyline and its beautiful shorelines will make this cruise a truly unforgettable fine dining experience.

While you dine, your captain will point out interesting sights, local landmarks and some fascinating facts about the history and culture of Seattle, including:

* Quaint floating homes communities lining Lake Union and Portage Bay, with the renowned “Sleepless in Seattle” home

* Towering downtown skylines of Seattle, Bellevue and Kirkland

* Seattle’s iconic symbol: The Space Needle

* University of Washington and Husky Stadium

* The magnificent mansions of Seattle’s rich and famous!

Boarding: Yacht boarding at 11:30 am and departs at 12 Noon

Where: The Lakeside Event Center on north Lake Union.

Event Phone Number:425-606-4456

Call your Favorite Fashionista and get your tickets – Space is limited so Get your tickets NOW before this event sells-out!

Hosted by

ShopPlayRelax.com

The Focus Team Real Estate Consultants

ShopSampleSale.com

at LakeSide
2501 Northlake Way
Seattle, United States

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by feiticeira_org

Question by Chronos: Seattle Real-estate: buy in the city, or in the suburbs?
Considering real-estate purchase as a primary residence in Seattle. I see that home prices are somewhat high whether your in the city, or in a suburb outside of it. Curious about the opinions of purchasing in the city VS the ‘burbs. I’m thinking about appreciation in the city, vs buildup and appreciation in the suburbs.

Do you think that the city appreciation will slow before the suburbs catch up?

Do you think that the ‘burbs will appreciate less and more slowly than the city?

Are there certain suburbs that might appreciate on pace with the city? (Belleview, Redmond, etc. ?)

Are there certain areas in the city that are set to appreciate faster/higher than others? (Queen Anne?)

If you had to suggest buying a condo, townhome, or house in Seattle city or suburbs, which would you say provides the best value?

Would you consider a house purchase in the suburbs to be a better purchase than a condo purchase in the city? Townhome vs Condo? House vs Townhome?

Thanks!
jbarelli – actually, this answer requires knowledge of the real-estate market in Seattle-and has much less to do with my personal preferences (since I’m open to city/burb living).
C’mon folks! Only one person took a real swing at answering this question (thanks hairstyle). My personal preferences don’t have anything to do with the real-estate market in Seattle. Who can make statements like these:

Belleview is appreciating much faster than Belltown.

A queen victoria styled house in the suburbs will never be worth as much as a decent condo in Queen Anne.

The commute from Issaquah doesn’t justify the townhome prices there.

THIS is the kind of insight on the Seattle real-estate market I’m looking for!

Best answer:

Answer by Professor_Sick_Rhymes
depends on if you like driving to work

Know better? Leave your own answer in the comments!

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by SelectSeattleHomes

Inside Seattle’s Largest Ponzi Scheme – The Life and Times of Frederick Berg

Frederick Berg fancies himself the king of Seattle tour busses. Prosecutors say he is the mastermind of a 0 million Ponzi scheme, one of the largest frauds ever in Washington state. A federal grand jury indicted Berg two months ago and charged him with 9 counts of wire fraud, 2 counts of money laundering and 1 count of bankruptcy fraud, all felonies. Who is Frederick Berg and how did he commit his crimes? The story is fascinating.

According to published reports, Berg has a long history of financial problems. The Seattle Times reports that back in the 1980′s while a student at the University of Oregon, Berg was accused of stealing his fraternity’s money. What did he spend it on? A tour bus. Several years later, Berg was indicted by the feds for issuing bad checks and once again prosecutors say the money was spent on busses. The amount taken in those frauds was between ,000 and ,000 dollars. In 2003, however, prosecutors say Berg graduated to the big leagues.

According to the indictment, Berg started an investment venture called the Meridian Group. Meridian created a series of 13 investment funds. The stated purpose of the funds was to invest in seller financed real estate contracts and mortgage backed securities. Instead, the money largely went to fund Berg’s lavish lifestyle. Prosecutors say that Berg used the money to create a luxury bus company, purchase several multi-million dollar yachts, private jets, luxury cars and a huge island mansion.

The Seattle Times reports that Berg’s Facebook page has a photo of him posing next to a Seattle’s Best Coffee poster that says “I’m hot and I’m rich.” His actions, however, left investors anything but rich.

Berg apparently fooled between 500 and 700 investors out of 0 million. One investor gave Berg million. Unlike many Ponzi schemes that promise ridiculous rates of return, Berg promised a 12% rate of return. That fact and a clean bill of health from two prominent auditing firms convinced many investors to give Berg their money.

In an effort to fool auditors – an apparently successful effort – Berg created false real estate contracts, false loan documents, phony appraisal reports, fake title reports and even bogus accounting records. Knowing that auditors will often attempt to verify the holdings of the funds’ portfolios. Berg rented dozens of mail boxes and had the post office forward all mail to his address.

The phony and forged document ruse worked, Moss Adams, a reputable Seattle based firm, audited the Meridian funds for several years. Deloitte Financial Advisory Services also examined some of the funds and concluded that they were high quality.

The Unites States Bankruptcy Trustee says he is going to sue the auditors for not catching the fraud. Trustee Mark Calvert compared Berg’s funds to the Wizard of Oz, but with absolutely nothing behind the curtain.

Like all Ponzi schemes, prosecutors say that Berg used new investor money to pay off some earlier investors. But as more and more fund payments came due, Berg could no longer keep up with the payments. When he could no longer make payments his dishonest dealings were exposed.

If convicted on all counts, Berg faces a lifetime in prison. Sentencing guidelines should earn him over 20 years. According to law enforcement, some of the victims were elderly and invested much of their life savings with Berg.

Is there a lesson in all this? Absolutely. Be careful of how you invest your money. Like most Ponzi schemes, a little bit of due diligence could have saved all these investors millions. Would you invest your life savings with a man convicted of federal bank fraud? The Seattle Times reports that Berg claims he has a law degree from the University of Oregon but a simple check with that school shows no degree.

The saving grace for Berg;s investors is that much of the money came into the funds from two brokers. Berg’s funds were also audited or examined by reputable accounting firms. Just because brokers and CPA’s were fooled does not mean that they are not liable to investors. Licensed financial professionals have more responsibility. While the investor has no obligation to perform any due diligence, the paid investment firms and accountants do.

Find More Seattle Real Estate Articles

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Always

From cult phenomenon to award-winning literary sensation, “the sexiest action figure since James Bond” (Seattle Weekly) returns in an exhilarating new thriller. It doesn’t matter how well trained you are, how big, how fast, how strong; there will always be someone out there bigger or faster or stronger. Always. That’s what Aud Torvingen teaches the students in her self-defense class. But the question is whether Aud really believes this lesson herself-and if not, what it will take for her to learn it. Aud has trained herself to achieve a fierce, machine-like precision, in hand-to- hand combat as well as life. But in Always she is abruptly confronted with the limits of her own power. Her self-defense classes spin violently out of her grasp and, still reeling from the consequences, she embarks on a seemingly simple investigation of Seattle real estate fraud that pulls her into something far more complicated and dangerous than she had imagined.

Price: $ 0.99
Sold by Barnes&Noble.com

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by SelectSeattleHomes

Bellevue and Seattle Real Estate Mortgage Rate Watch 11/8/2010

Article by Seattle Real Estate Reel

View the daily video here: http://www.realestatereel.com/bellevue-and-seattle-real-estate-mortgage-rate-watch-1182010/

Seattle / Bellevue Real Estate Mortgage Rate Watch: Today’s bond auction came in with neutral reaction and little impact on rates. There is little economic news this week to pressure rates. More attention will be on the G20 summit and their reaction to the Federal Reserve and QE2.

Follow us on Twitter for any breaking news and leave feed back or comments belowSeattle and Bellevue home mortgage rates will fluctuate daily and sometimes hourly depending on the volatility and economic news. A simple way to follow the trends of impacting news is to review the “Events” calendar on http://www.themortgagereel.com. We will provide the daily impacting news in advance to help advise.

We will continue to post updates with current trends. Depending on your goals for locking your rate. If you are on the short term, play close attention to the market. If you are on the long term and have more time, make sure you secure on the best day.

Currently Seattle and Bellevue real estate is greatly impacted with the historically low mortgage rates. Did you know that a % change in interest rates is equal to a 5% change in the sales price of a home? That means the recent dramatic drop in interest rates is equal to at least a 10% reduction in home sales prices.

With recent mortgage rates sitting at historically low rates, you are receiving even a better opportunity for purchasing local real estate.

If you are considering refinancing your home, please follow the break-even point to make sure you will receive a financial benefit!

Mortgage Rates hitting historical lows. Media saying Interest Rates will drop to 4.5%. Are you ready to take advantage of this opportunity? How much do you have to save on your interest rate before it makes sense? What are your goals and is your refinance matching your goals? TheMortgageReel.com is committed to making a difference, please watch our educational tutorial

Continue to follow both the Seattle Mortgage Reel and Real Estate Reel.

More Seattle Real Estate Articles

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by laviddichterman

Inside Seattle’s Largest Ponzi Scheme – The Life and Times of Frederick Berg

Frederick Berg fancies himself the king of Seattle tour busses. Prosecutors say he is the mastermind of a 0 million Ponzi scheme, one of the largest frauds ever in Washington state. A federal grand jury indicted Berg two months ago and charged him with 9 counts of wire fraud, 2 counts of money laundering and 1 count of bankruptcy fraud, all felonies. Who is Frederick Berg and how did he commit his crimes? The story is fascinating.

According to published reports, Berg has a long history of financial problems. The Seattle Times reports that back in the 1980′s while a student at the University of Oregon, Berg was accused of stealing his fraternity’s money. What did he spend it on? A tour bus. Several years later, Berg was indicted by the feds for issuing bad checks and once again prosecutors say the money was spent on busses. The amount taken in those frauds was between ,000 and ,000 dollars. In 2003, however, prosecutors say Berg graduated to the big leagues.

According to the indictment, Berg started an investment venture called the Meridian Group. Meridian created a series of 13 investment funds. The stated purpose of the funds was to invest in seller financed real estate contracts and mortgage backed securities. Instead, the money largely went to fund Berg’s lavish lifestyle. Prosecutors say that Berg used the money to create a luxury bus company, purchase several multi-million dollar yachts, private jets, luxury cars and a huge island mansion.

The Seattle Times reports that Berg’s Facebook page has a photo of him posing next to a Seattle’s Best Coffee poster that says “I’m hot and I’m rich.” His actions, however, left investors anything but rich.

Berg apparently fooled between 500 and 700 investors out of 0 million. One investor gave Berg million. Unlike many Ponzi schemes that promise ridiculous rates of return, Berg promised a 12% rate of return. That fact and a clean bill of health from two prominent auditing firms convinced many investors to give Berg their money.

In an effort to fool auditors – an apparently successful effort – Berg created false real estate contracts, false loan documents, phony appraisal reports, fake title reports and even bogus accounting records. Knowing that auditors will often attempt to verify the holdings of the funds’ portfolios. Berg rented dozens of mail boxes and had the post office forward all mail to his address.

The phony and forged document ruse worked, Moss Adams, a reputable Seattle based firm, audited the Meridian funds for several years. Deloitte Financial Advisory Services also examined some of the funds and concluded that they were high quality.

The Unites States Bankruptcy Trustee says he is going to sue the auditors for not catching the fraud. Trustee Mark Calvert compared Berg’s funds to the Wizard of Oz, but with absolutely nothing behind the curtain.

Like all Ponzi schemes, prosecutors say that Berg used new investor money to pay off some earlier investors. But as more and more fund payments came due, Berg could no longer keep up with the payments. When he could no longer make payments his dishonest dealings were exposed.

If convicted on all counts, Berg faces a lifetime in prison. Sentencing guidelines should earn him over 20 years. According to law enforcement, some of the victims were elderly and invested much of their life savings with Berg.

Is there a lesson in all this? Absolutely. Be careful of how you invest your money. Like most Ponzi schemes, a little bit of due diligence could have saved all these investors millions. Would you invest your life savings with a man convicted of federal bank fraud? The Seattle Times reports that Berg claims he has a law degree from the University of Oregon but a simple check with that school shows no degree.

The saving grace for Berg;s investors is that much of the money came into the funds from two brokers. Berg’s funds were also audited or examined by reputable accounting firms. Just because brokers and CPA’s were fooled does not mean that they are not liable to investors. Licensed financial professionals have more responsibility. While the investor has no obligation to perform any due diligence, the paid investment firms and accountants do.

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