SEATTLE HOMEBUYING · QUESTIONS & ANSWERS
Property types and special situations
Condominiums, new construction, accessibility and distressed sales.
The Broker Team · Updated September 22, 2026
Enrique Pelayo Jr. — Owner & Designated Broker
What are the pros and cons of a fixer-upper?
It may offer a chance to customize, but repair scope, financing, permits and temporary housing can change the economics. Obtain qualified estimates and a contingency reserve before committing. Evaluate whether the property is financeable in its present condition rather than assuming repairs can wait.
How do I find foreclosures and short sales?
Ask a broker about currently available properties and verify the sale process with the responsible party. A short sale requires creditor involvement; an auction and a bank-owned listing can have very different terms. This website does not maintain a live foreclosure feed.
What risks come with a foreclosed property?
Investigate title, occupancy, condition, access for inspection, funding deadlines and sale terms before bidding. Some sales provide fewer opportunities to investigate than an ordinary listing. Use legal and title professionals where needed; a low advertised price does not establish a bargain.
Should I buy a condo or a house in Seattle?
Compare total costs, control over changes, maintenance responsibilities and the space you need. For a condo, investigate reserves, assessments, insurance, rules and financing eligibility. For a detached home, budget for the systems you maintain yourself. Neither ownership form is automatically a better investment.
What should I check in a new-construction home?
Review specifications, completion timing, inspections, warranties and the builder’s contract. Confirm what finishes and site work are included, and investigate permits and shared obligations. New does not mean defect-free. Ask about representation before registering with a builder or arranging a visit.
How can I find an accessible home?
Define the features you need in practical terms: step-free entry, door clearances, turning space, bathroom layout or elevator access. Verify measurements in person and consult an accessibility professional for adaptations. A listing’s accessibility label may not match your particular needs.
These answers are general education. Confirm property details, current program requirements and your contractual obligations with the appropriate professionals.