Home Seller Tips The Downside of Selling Your Home Off Market Who wouldn’t want the enticement of a full price offer on their home before it even comes to market? At first glance it seems like a compelling opportunity, but it comes at a steep price. With the shortage of homes today, friends and neighbors are all on the lookout for up-and-coming listings. They aren’t hard […]
Waterfront Waterfront Defined Terminology These local definitions will not only to help you know the lingo when it comes to waterfront speak, but to give you quick access tools to research waterfront to your heart’s content. Here is a quick resource to commonly used terms related to waterfront real property:   Bluff    Most beaches on Puget Sound are […]
Home Seller Tips Payback Times for Energy-Efficient Home Upgrades Thinking of going green?  Today’s technology offers a whole host of ways to boost your home’s efficiency, reduce your carbon footprint and lower your energy bills.  Some upgrades can pay for themselves in a relatively short amount of time, while others with large price tags might take decades to start paying back.  The good news […]
Home Buyer Tips What You Need to Know about the Washington State Seller Property Disclosure – Form 17 Washington State requires sellers of residential real property to thoroughly disclose material facts on a form called the Residential Real Property Disclosure Statement (often referred to as Form 17). Unless the buyer has expressly waived their rights, the seller must deliver this completed disclosure with 5 days after mutual acceptance.  The buyer then has a […]
Home Buyer Tips Due Diligence Pays Off Big Time When Buying a Condo When you buy a condo, you are also buying into its community. You get the benefit of its many amenities, along with the restrictions of its rules, and financial responsibility for its upkeep. Most condominiums offer community features such as pools, exercise rooms, media centers, and entertaining spaces that many people could not comfortably afford […]
Home Buyer Tips Assessing the Real Cost of a Fixer It can be very compelling to find a home in a neighborhood you like that is bargain priced. But how do you know if it will be a good investment? The only certainty in a fixer project is that there will be a substantial amount of uncertainty and risk. There can be significant rewards too, […]
Home Buyer Tips Should I Rent or Buy a Home? It’s important to remember that the purchase or rental of a home is a lifestyle choice as much as it is an investment. It is not just a commodity to negotiate, but also the place you’ll come home to each day and make your own. Yes, it is important to buy wisely and stay within […]
Home Seller Tips The Right Timing Can Bring You Thousands More When You Sell Ever notice how one home on your street sells well above asking price with a line of buyers out the door and an identical home comes on a month later and sits on the market for two weeks before finally selling at a reduced price?  Every. Day. Counts. It’s not always about the house. It’s […]
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Waterfront Evaluating Waterfront Property Values While supply and demand clearly play a role in establishing the value of a waterfront property, several unique elements overshadow the typical supply divided by demand equation. The first one is rarity. Examples of this include: point properties—waterfront at the tip of one of our few natural points—with more expansive water frontage and street privacy […]
Waterfront How to Determine the Value of Shared Waterfront The concept of shared waterfront incorporates many different waterfront-sharing situations. Establishing the value of the share isn’t as simple as dividing the overall value of the waterfront parcel by the number of shares…although that’s a good start. The term “shared waterfront” has been used to describe everything from a private parcel shared by two owners […]
Home Buyer Tips Flip or Flop? Is That Gorgeous Makeover All It’s Cracked Up to Be? It seems like the perfect combo of fantastic location and newly renovated home. But is it really? The concept of renovating a tired home for profit (flipping) is a business model that is often naturally averse to the future buyer’s interests. The lower the costs, the higher the profit. And, the lower the costs, the […]
Home Buyer Tips Key Buyer Protections You May Need for Your Home Purchase When purchasing a home, there are a number of protections—called contingency clauses—that you can write into your contract to allow you to back out of the sale for specific reasons.  For instance, if your inspection reveals major problems with the home that the seller can’t or won’t fix, your loan financing falls through, you find […]
Living & Community Planning for the Life Expectancy of Your Home Nothing in life lasts forever – and the same can be said for your home. From the roof to the furnace, every component of your home has a lifespan, so it’s a good idea to know approximately how many years of service you can expect from them. This information can help when buying or selling […]
Home Buyer Tips What’s YOUR Golden Age for NW Homes? The Northwest has experienced many changes in residential construction though the eras of home building. While not universal, here are a few typical housing rules of thumb we have seen in the Seattle region…   Styles, floor plans and typical home attributes: 1900-1920’s Craftsman, Arts & Crafts, and Tudor homes dominated this era. They often […]
Home Buyer Tips How to Spot Big Issues Before You Pay for a Home Inspection Before you plop down $500-$800 for a home inspection, it really helps to identify obvious issues up front and determine if A) you are willing to buy the home despite them or B) the seller appears reasonable about addressing them. If neither of the above are yes, but you might want to keep looking rather […]
Waterfront Lakeside Resources That Will Float Your Boat Shorelines are heavily regulated in King County and, love it or hate it, the tight guidelines help keep our Puget Sound lakes in good order. King County’s Lake Stewardship Program has produced several fact sheets on lakeside regulations. If you’re wondering what you can plant and still be in good graces with the powers that […]
Living & Community Preparing Your Garage for an Electric Car Electric cars help lower emissions and fuel costs, improve fuel economy, and bolster energy security. And considering the volatility of gas prices—and their general skyward trajectory—electric fuel shows promise as an economic alternative. But switching to an electric vehicle entails more than new driving habits and a conversation piece with strangers. It’s also a lifestyle […]