Seattle Real Estate:

When you’re conducting a Seattle real estate search, how can a potential buyer tell details about the ownership of the home?  It’s tough – sometimes you can tell based on the information that is supplied online, and sometimes you can’t.  In this market, we’re seeing lots of real estate listings with varying situations with ownership: [...]

Congress passed the monster “stimulus” bill this evening.  It is anticipated to be signed by President Obama by President’s Day, which is Monday, January 16th, 2009.  The home buyers tax credit was a much reported, widely contested issue.  This is how the cookie crumbled: $6.6 billion to repeal a requirement that a $8,000 first-time home buyer tax [...]

Inquiring minds want to know how agents get paid on new construction, or least one person in our viewing audience is curious about it. In most cases, Realtors get paid commission off either the sales price or the base price.  What’s a base price?  Different builders define the term base price in different ways, but [...]

We’re often asked our advice on offering prices for real estate. There is no single answer to that question.  If we were to say you should always pay X% less than list price or that there is some magical formula for determining an offering price we would be leading you astray.  Every house, every seller, [...]

We’re on a bank owned roll around here lately.  So let’s keep going! So you’ve been hearing about the potential to score deals on bank owned homes and now you’re wondering where you can find information on those puppies.  I hope you’ve done your research on the pros and cons of bank owned homes. Ahem. I [...]

In years past, if you saw that a home was bank owned you could pretty much count on it being a fixer-upper.  In today’s market, however, you can find bank owned homes in darn good condition.  What happened?  Our evidence is anecdotal, but we’ve discussed our findings other Realtors and found their experience to be [...]

This is a summary post for our recent series about Bank Owned Homes.  You might have been following along, this is where you can access all the installments in one place! Four Reasons You Don’t Want To Buy A Bank Owned Home “Bank Owned Homes Almost Always Seem to Start Overpriced” “Banks Don’t Know Anything [...]

This is the last post in a seven part series called Four Reasons You Don’t Want to Buy a Bank Owned Home…and Three Reasons You Do. We’ve already covered three reasons you don’t want to buy a bank owned home: 1. “Bank Owned Homes Almost Always Seem to Start Overpriced” 2. “Banks Don’t Know Anything [...]

This is the sixth post in a seven part series called Four Reasons You Don’t Want to Buy a Bank Owned Home…and Three Reasons You Do. We’ve already covered three reasons you don’t want to buy a bank owned home: 1. “Bank Owned Homes Almost Always Seem to Start Overpriced” 2. “Banks Don’t Know Anything [...]

This is the fifth post in a seven part series called Four Reasons You Don’t Want to Buy a Bank Owned Home…and Three Reasons You Do. We’ve already covered two reasons you don’t want to buy a bank owned home: 1. “Bank Owned Homes Almost Always Seem to Start Overpriced” 2. “Banks Don’t Know Anything [...]