Episode #189 - Timeshares, Tik-Tok and Do's and Don'ts of Condo Flipping
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Welcome back Eric from Cabo!\\xa0
Segment 1: talking timeshares and concerns if you cancel your timeshare and stop paying for it. Beware the companies out there saying they can help you get out of your timeshare! How stopping payments can hurt your credit score and more details on credit.\\xa0
Segment 2: Tik Tok and other online services tracking your info and data collection in your life via social media and marketers tracking you when you shop. Where we are on mortgage rates this week, and do we think the upcoming election, vaccines being distributed, and the new Federal Reserve policies will affect rates? Jumbo rates have improved as has the process to qualify. On the real estate front, we let you know how the Covid rollbacks in WA State have impacted showings (they haven\\u2019t really), along with the stoppage of open houses again. Virtual showings and standard showings with qualified buyers are still available as long as Covid protocols are followed.\\xa0
Segments 3-4: Condo sales tracking in downtown Seattle and Bellevue have slowed \\u2013 they\\u2019re not dead yet\\u2026. Just slowing. Tacoma continues to be red hot. Speaking of condos, we cover the do\\u2019s and don\\u2019ts of condo flipping in new construction. We finish with where to find crime stats to help you in your buyer due diligence when purchasing a home.