Low-Down-Payment Programs, Renovation Loans & Down Payment Assistance OptionsWhy It Makes Sense to Buy Before Mortgage Rates Move Lower
August 5, 2023 by Leave a Comment
Seattle area Real Estate Broker, Kim Mulligan, posted this on Facebook a couple of days ago regarding a recent listing:
“For those of you that were clamoring to be my neighbor, I have bad news. A pricing war ensued and an offer was chosen last night. Ends up we had well over 80 parties tour the home in two days, several offers came forth, and a lucky buyer will get to share a fenceline with me. Why do I mention this? Many people think that there isn’t a market right now because of interest rates. Yes, buyers are careful and shy. The truth is some people have to move in any market. Sellers don’t need to be afraid to list their homes. Yes, buyers are choosey, but priced and presented well, and with the right lender where you can change your interest rate when it drops down again, your home could sell within 3 days as well!” [Read more…]
Marry the House. Date the Rate: What It Really Means for Washington State Buyers
June 22, 2022 by Leave a Comment
“Marry the home, date the rate.”
If you’ve been shopping for a home in Washington State over the past few years, you’ve almost certainly heard this phrase — from your real estate agent, your mortgage advisor, social media, or all three. It’s become one of the most repeated pieces of advice in the housing market.
But what does it actually mean? When is it good advice? And when should you push back on it? [Read more…]
You just “won” the highest bid on a hot Seattle home… now what?
May 2, 2015 by Leave a Comment
The Puget Sound Business Journal recently posted an article about a 1,100 square foot home in Ballard that sold $158,000 over list price. There is no denying that Seattle’s real estate market is hot largely due to lack of inventory and rising rents. (A’ hem…if you have been considering selling your Seattle area home, now could be the time).
