Selling Security Concerns with Photos and “Tours” Virtual tours, extensive professional photography and floorplans are critical to allowing buyers to easily view your listed home, without having to leave their home.  Sellers should be aware of 360 degree/full view-style tours.  These may show too much of the home and provide security gaps, including viewing items that would not normally show in a […]
My Thoughts Escrow Tip-Escrow and IRS Reporting This post is courtesy of Chicago Title Insurance, re-posted with permisssion What exactly do settlement agents have to report to the Internal Revenue Service? In accordance with IRS Regulations the settlement agent must report the sale or transfer of an interest in U.S. real property by filing IRS form 1099-S Proceeds from Real Estate transactions, […]
My Thoughts Excise Tax Increase for 2023 Washington State charges an excise tax on the sale of real estate.  The rate can vary by county and locality. For the vast majority of the property in King, Pierce and Snohomish Counties; the rates are as follow: 1.6% of the first $525,000 in sales price 1.78% of the amount between $525,000-$1,525,000 3.25% of the […]
Buying Finally, Some Good Economic News! It was great to receive some good news today, via our Penrith Loan Officer Jen McGeary.  She reported that the core CPI dropped from .6 last month to .3  for October 2022. This suggests overall inflation is cooling.  The markets responded positively and today the Dow is up 1201 points.  Interest rates were reported as […]
My Thoughts Working With the Market Communication has always been one of the most important aspects of working with real estate clients.  When you are caught listing a home, just as the financial/stock/real estate markets are experiencing historic changes; it’s even more important.  Researching current activity on an almost daily basis, consulting with agents both in and outside your office and […]
Buying Lake Forest Park Classic http://LFPWOODLANDRETREAT.COM You are not cookie-cutter and neither is this home.  Stunning, NW Contemporary nestled in the hills of Lake Forest Park.  Short walk to Horizon View Park and of course, eligible for Lake Forest Park Civic Club membership.  Over 1000 sf of outdoor deck living. Well maintained by longtime owners.  Exterior and much of interior […]
Selling What is a Seller’s Market? When the housing market favors sellers, a seller can expect ideal conditions for selling their home. However, that’s not to say that a seller’s market doesn’t come with its own unique set of challenges for parties on both sides of the transaction. That’s why it’s critical for buyers and sellers to work with an agent […]
Selling Selling a Home with Pets For pet owners, it’s hard to imagine their home without a furry friend. However, when it comes time to sell, showcasing the qualities of a home should take precedence over the pets that live in it. This creates additional steps in the process of preparing your home for sale, but it makes all the difference in the […]
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