Ever wonder what lies at the bottom of Lake Union. Can you imagine 80 shipwrecks in such a small lake? This video shows a joint survey and the exploration efforts in Lake Union, Seattle, performed by the Maritime Documentation Society, Global Underwater Explorers Seattle, DCS Films and Puget Sound Divers. Using side scan sonar, they have mapped the bottom and discovered numerous wrecks, and even an upside down Buick.
Check it out!!! 3 Hot New Listings have just been posted on our site. With prices ranging from $195,000 to $395,000, these new choices make Lake Union Living THE place to locate a great houseboat. Don’t forget, we also do other real estate as well. Check out this fantastic 4800 sq. ft. home near Echo Falls.
There is a storm on the horizon that is seriously going to HURT our economy. The new Appraiser rules HVCC (Home Valuation Code of Conduct) being imposed are likely going to cause further harm to our economy. Though the concept sounds reasonable – i.e. removing the ability for Loan Originators or Real Estate Agents to choose the appraiser, the effect will be disasterous. The new rules support undervaluing homes simply because an appraiser is chosen by the lender. If the lender chooses an appraiser that provides a consistently lesser value, they win because their asset is worth more than the appraiser indicated. Hence the Lender has less risk.
It is assumed that the evil Loan Originators and Real Estate Agents were able to influence the appraiser into providing over inflated values, however, do you really believe the Lenders are more ethical or that for some reason they do not have a vested interest in getting lower valuations? Give me a break. We’ve seen what the big lenders are capable of doing. That is why according to www.ml-implode.com, 342 lenders have imploded since late 2006 by providing loans to people that should not have received them. So, let’s put the power of choosing appraisers in their unbiased hands!?!
Be prepared to see further (unwarranted) devaluation of homes due to this rule.
ANNUAL MEETING & BYLAW AMENDMENT
March 12, 2009
7 PM @ CYC Club House
Shilshole Bay Marina
7755 Seaview Ave. N.W.
Seattle, WA 98117
For more information contact Madhuri R. Hosford 206.478.6621 or email her at madhuri@madhurihosford.com.
Here you can post comments about resources – Recommendations, referrals, cautions, etc. NOTE: All postings are reviewed prior to publishing and acceptance of postings is at the sole discretion of Lake Union Living.
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Lake Union Living
Use the Website category to post comments or recommendations with regards to our website. Something you like? Something you like to see changed? Something downright wrong? This is the place to post those types of comments.
Use the Events category to post comments or recommendations for upcoming or recurring events happening on Lake Union or in surrounding communities. For example, if you wanted to tell us about the Duck Dodge Pirate Night, or about a new band playing at Nectar Lounge in Fremont, this is the spot.
Let us know what’s Happening! Click on Comments and send us your event.
The Attractions category can be used to post comments or recommendations about standing attractions in theLake Union area. For example, if you wanted to tell us about Kite Hill in Gas Works Park, this would be the place to post that. Attractions are permanent or semi-permanent features of Lake Union and surrounding communities.
This site is in the early development stage and we are working hard to make this a great site. We have re-designed the look and have added features. Pictures will now present an enlargement when clicked. We welcome your input. Click on Categories/General and post your comments and recommendations.
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Lake Union Living
Welcome to Lake Union Living, a site devoted to everything about Lake Union including its culture, history, events, attractions, homes, houseboats, liveaboards, and just plain fun! We hope you enjoy the site and feel free to post to our blog.
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Lake Union Living
