Essential Real Estate Terms You Should Know

Essential Real Estate Terms You Should Know

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Every industry has its own acronym and real estate is no different. Real estate is full of jargon that can add confusion to an already elusive process. Whether you're selling or buying here are the essential real estate terms you should know.

Asking questions should not be intimidating. Would it help you to know that you’re not alone? Real estate is intimidating and overwhelming for most people. My goal is to make it as simple for you to navigate as possible. Let's dive in:

1) Pending

Once a residential buyer and seller have reached a mutual agreement on the terms of a sale, the property will then be moved from “Active” to “Pending” or “Pending Inspection”. The contract timelines are very important. 

2) Earnest Money (EM)

Once a buyer and seller have reached a mutual agreement on a contract, the buyer will then deposit a set amount into an escrow account. This earnest money (EM) shows the seller that the potential buyer is EARNEST about buying the property. When the property closes, the EM is then put towards the buyer’s down payment or returned.

3) Escrow

Escrow is a term that refers to a third party that is hired to handle the transaction, the exchange of money and any related documents. Placing Earnest Money, for example, into escrow means to place it in the hands of a third party until certain conditions are met; once the transaction has closed the escrow company will disburse the funds appropriately. 

4) Appraisal

An appraisal is an assessment done by a certified appraiser to determine the value of the property. The appraisal is usually based on an analysis of comparable sales of similar homes nearby. 

5) Dual Agency

Dual Agency is when one agent represents both the buyer and the seller, instead of just one or the other. Depending on state laws, real estate agents are able to represent both the buyer and the seller in the same transaction. There are some states that do not allow dual agency.

6) Bank Owned & Short Sale

When a property owner defaults on their mortgage, the lender will sometimes allow the seller to sell as a short sale. That means that the bank has agreed to let the home be sold for less than the balance on the current owner’s loan. A bank-owned property is when a  lender won’t agree to sell the property for less than what is currently owed on it, so the property has been foreclosed on and is now “Bank Owned.”

7) Comparative Market Analysis (CMA)

A CMA is an analytic report to help real estate agents strategize what the hyper-local market is doing in order to determine your property value. The analysis is conducted based on the active, pending, and sold values of similar properties in the same area within a specific time frame. The CMA report should help you in understanding what a realistic listing price is, and whether or not you’re buying a property for the right price.

8) Commission

Real Estate agents are paid on commission. This is an agreed-upon % of the sale price which is then divided between the selling and listing agent, it is typically 6%. Once a transaction closes, the seller will pay the originally agreed-upon percentage of the purchase price from the net proceeds of the sale. In Washington State, the seller pays 100% of the real estate commissions.

9) Equity

A property owner’s Equity is the difference between the fair market value of the property and the amount still owed on its mortgage or other liens. It is common for people to borrow against their equity to do property improvements. 

10) Encumbrance

An encumbrance is a claim against, limitation on, or liability against real property. Encumbrances can restrict the owner’s ability to transfer title to the property or lessen its value. Having an awkward conversation is worth it, guys.

Helping you understand real estate lingo is one of my favorite topics because it is SO important. If you have any Real Estate questions or pain points in your Real Estate journey, I would love to break it down into bite-sized pieces and serve you up a hot plate of awesome.

Leave a comment with any other terms or resources that you would find helpful!

All the best,

Carmen Neal Signature

 

 

 

P.S. Be sure to follow me on Facebook and Instagram if you don't already. Don't miss out on the tips, tricks, and sometimes just plain funny items I share on social media!

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5 Common Landlord Mistakes and How to Avoid Them

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5 Common Landlord Mistakes and How to Avoid Them

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Staying up to date with Washington State landlord-tenant laws takes a lot of time. Knowing what and how to prioritize can be daunting. With the goal of a high return on your rental investment, you’ll want to keep these 5 common mistakes in mind:

1. Having a non-existent or weak lease

Gone are the days of handshake deals. In Washington State contracts are void unless in writing so having an ironclad lease is so important. A property management company will have a standard lease that they use and making sure it has all the important pieces pertaining to your specific property is key.

2. Not conducting a thorough move-in and move-out walkthrough

A written checklist that clearly states the condition of the property prior to occupancy should be done before every new tenancy. When the checklist is completed the landlord or property manager and tenant should sign off on it. At the end of the lease term, both parties will need to review the property to see if there are any repairs needed and if any damage expenses should be deducted from the security deposit.

3. Renting to someone without a thorough screening

When you’re looking for a tenant you’ll want to do a thorough background check. You’ll want to research the new tenant and make sure you’re fully informed about what you are and are not allowed to ask.

4. Not knowing important and legal timelines

Keeping up to date with the most recent laws and rental agreement requirements could keep you from being sued. Knowing and reviewing the Washington state landlord-tenant laws is the best way to stay up to date on best practices.

5. Avoiding routine inspection

The best way to make sure your rental property is being well cared for is by conducting an annual inspection. Using the written checklist from the move-in can be a good guide.

At the end of the day, every property is different and has unique circumstances. If you need someone to speak with I’d be happy to help.

All the best,

Carmen Neal Signature

 

 

 

P.S. Be sure to follow me on Facebook and Instagram if you don't already. Don't miss out on the tips, tricks, and sometimes just plain funny items I share on social media!

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How to sell or buy real estate without losing your mind

How to buy or sell real estate without losing your mind

How to sell or buy real estate without losing your mind

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Selling or buying real estate can come with a lot of headaches. Those headaches can quickly turn into a real migraine once you start thinking about the laundry list of “To-Do’s”. I’m dedicated to guiding you through how to sell or buy real estate without losing your mind.

It IS a lot of work to get top dollar when selling. Knowing where to start can be super overwhelming if you don't do this every day... But we do. The truth is that overwhelm does not need to be apart of the process. I want to completely eliminate the overwhelm and frustration of selling your property and/or buying your new home. Let’s create a plan that will help you save thousands of dollars and eliminate the headache of reaching your goal.

Three steps to eliminating overwhelm: 

1- Analyze your goals

2- Create a custom strategy

3- Execute and see results

Analyze your goals

No one knows your circumstances better than you. What is it that you want? Ideally, where will you be once this transaction is done? Why are you wanting to make this move? How will you know which property is THE property? The general market affects the value of your real estate investment and your specific goals should be taken into consideration too. 

Understanding and writing down your needs and wants is the best way to assure you stay on track. There are a lot of questions to ask when selling and buying a new home so knowing how to filter through the questions to find which will actually move the needle is important.

Honestly assess your answers to these questions and use your answers to create a clear path forward in Step 2. If it’s difficult for you to answer those questions then I would suggest speaking to a licensed agent that you trust. 

Create a custom strategy

Once you know what your overall goals are, how will you get there? What is your next action item? First and foremost, find a real estate professional you can trust to guide. A custom timeline that is created around your specific goals will give you the leverage to get what you want, where you want, and for the price you want. Here are some key prompts to creating your strategy:

Execute and see results

After you have your strategy, this is where it gets real. Your agent will use the road map you designed in Step 2 to start curating properties to present to you. Once you have chosen a property on which to make an offer, your agent should go to bat for you to get you the home. Once an offer is accepted, they will walk with you through the paperwork.

Your real estate agent should be your advocate so working with someone you trust who can help guide you is so important. 

All the best,

Carmen Neal Signature

 

 

 

P.S. Be sure to follow me on Facebook and Instagram if you don't already. Don't miss out on the tips, tricks, and sometimes just plain funny items I share on social media!

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How Time Works In Real Estate

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How Time Works In Real Estate

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Misunderstanding how time works in real estate can cost BIG! 

One hour late and you could lose your earnest money AND the property. How time works during a real estate transaction is different than how time works in our day to day lives so I’m breaking it down in bite-sized pieces and a fun pop-quiz. 

Whether you’re a first-time homebuyer or a seasoned seller, you’ll want to know how time works in a real estate transaction, including facts such as: 

  • Any period of time starts on the day following the event commencing the period.
  • Time periods of 5 days or less do not include weekends or legal holidays.
  • Time periods of more than 5 days include weekends and legal holidays.
  • Time periods end at 9:00 pm on the last day of the specified period.
  • If the last day of the time period is on a weekend or a legal holiday, it moves to the next day that is not a weekend or legal holiday.
  • Time periods are not delayed by a missing legal description; time periods begin from the date of mutual acceptance.

Since we all love a good story, let’s look at how these rules apply to our friends John & Jane’s homebuying experience. 

On Friday, January 3rd, John, and Jane submitted an offer on their dream home. It was accepted the same day! Their timeline was tight since they only had 5 days to conduct their inspection, so they were eager to get started. The inspection was done on Thursday the 11th and we gave our response back to the seller on Friday the 12th.

Using the rules listed above see if you can answer these three questions: 

  1. When was day one of the time period? 
  2. Did John and Jane give their inspection response to the seller within the allotted time period?
  3. When was the latest time and day they could have given their response back to the seller?

How did you do?

 

All the best,

P.S. Be sure to follow me on Facebook and Instagram if you don't already. Don't miss out on the tips, tricks, and sometimes just plain funny items I share on social media!

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Home Buying for Beginners

Home Buying for Beginners

Home Buying for Beginners

Are you familiar with the cooking concept of "mise en place"? Literally translated, it means to set in place. It means that before they start to cook, a good chef does all the prep work. They check their ingredients and cooking tools, and they know they have everything needed in the recipe. They take the time to properly thaw the meat, wash the produce, measure the seasonings, and dice the onions—all before the pan is ever put over the heat. A good chef understands that mise en place, or proper preparation, is key to getting the results they desire, and they don't skip ahead. They assess and prepare, and then they cook. Home buying for beginners should follow the same concept.

Preparation is the key to success when making your first investment in real estate. And one of the biggest ways to prepare is to educate yourself on the home buying process itself. Know the steps involved to purchase real estate before you start to shop.

So with that in mind, I'd like to walk you through the six basic steps of the home buying process.

1. Review your budget.

In the cooking analogy, reviewing your budget is sort of like checking the freezer and the pantry to see what you have to work with, before finalizing what you will cook. For instance, you can't make prime rib without a rib roast. So if all you find in the freezer is chicken, you will either need to head to the store for more supplies, or you will have to change your recipe.

Such is the budget in the home buying process. You need to review what is realistic for your real estate purchase based on your income, savings, and goals. I recommend you speak to a lender early in the process to see what you have to work with, and then move on to step 2.

2. Narrow down your list. 

Sit down and identify your top 5 needs and wants. Only you know what is a must-have for you in a property, and every situation is different. This step is a good time to talk with a trusted agent who specializes in properties in the neighborhood (as I do for the Fife-Milton-Edgewood area). They can guide you as you whittle down your list, based on your budget and specific situations. Once they know what you're looking for, your agent can begin to show you properties.

3. Submit and negotiate the offer.

After you've picked a property that you want, it's time to make an offer. The terms of the offer will vary, and your agent or attorney should walk you through all of the details. Don't be afraid to ask questions! It's also not uncommon for sellers to make a counter-offer, so some back and forth may occur. Once the buyer and seller agree on the terms, it's called "going mutual," and it means that you, my friend, are well on your way to buying a house. But wait, there's more!

4. Inspection day.

I recommended that buyers get an inspection on any property they are looking to purchase. Your agent can connect you with a local home inspector, so that you have a detailed report of the condition of the property. Your offer may or may not be contingent upon the inspection. Talk to your agent or attorney about how to proceed and utilize the inspection report, based upon the terms of your specific purchase and sale agreement.

5. Finalize contingencies.

Contingencies are the details in your agreement, like an inspection or selling another house to free up funds for a down payment, that may impact the terms of the agreement. Again, your agent or attorney should walk you through your specific contract, and again, ask questions! Once all contingencies are dealt with, the next step is to...

6. Close and get those keys!

Closing is when all of the i's are dotted and t's are crossed. Once everything is signed, you'll be handed the keys. Congratulations! You've just purchased your first real estate investment.

 

Real estate and housing choices shape our daily lives and future, and wise real estate purchases have the power to improve your future. Our team members are passionate about helping you leverage real estate to fulfill your current needs, in addition to building financial security for your future. Home buying for beginners can be overwhelming, so give us a call to help you cut through the confusion and meet your goals. And be sure to sign up to receive my FREE Buyers Guide below!

 

CARMEN WILL HELP YOU:

1. Analyze your goals  2. Create a custom strategy  3. Execute the strategy so that you see results!

All the best,

FREE BUYER'S GUIDE

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7 Steps To A Stress Free Sale

Learn the 7 Steps to a Stress Free Sale in this post.

7 Steps to a Stress Free Sale

 

You are planning to sell your real estate investment, now or at some point in the future. Most everyone sells eventually. But when it comes down to it, the idea of selling can be so overwhelming!  Where should you start to prepare? I'm going to answer that question for you with my 7 Steps to a Stress Free Sale.

Well, I say seven steps, but in reality it’s more like three very specific categories that are broken down and laid out as clearly as possible. 

Let’s jump in: 

Pre-inspect

99.5% of buyers will want to pay an inspector to take a closer look at the property, so conducting a pre-inspection prior to listing will help you get ahead of the curve and address any potential issues before your house ever lists. Pre-inspecting has the potential to save you money in the long run, and will go far in meeting your goal for a stress free sale. In this category you will address Steps 1 through 3.

1. Walk around the outside of the home and outbuildings.

Make sure all of the exterior light fixtures work, check the siding for damage, and consider painting if there is any exposed wood. Tidy up landscaping while you are out there, too. Curb appeal matters, but paying attention to landscaping also allows you to ward off any potential pests, too. Fix broken gates and latches, too.

2. Look closely at the roof and gutters.

Clear debris and moss, and if there is any sign of damage or leaks, address it. To get a full picture of the roof condition, you will also need to move to step 3.

3. Check out the crawl spaces.

Attic and basement spaces, either full or crawl spaces, are good places to look for signs of problems before they become big. Look for signs of water damage and/or the presence of critters, and take care of it if you find either.

Declutter

The first impression may be the only impression buyers get of your property. If you really want to stand out you need to declutter every single area of the property, including the garage and yard. This category consists of Steps 4 though 6.

4. Address exterior clutter.

Pare down on lawn furniture, and toss some fertilizer and mulch on your freshly manicured plants. Sweep the porch of leaves and debris, and make sure that the exterior entry way is clean and inviting.

5. Take stock of what is in each space, including the attic and the garage.

Don't get bogged down here just yet. I'm going to give you some tips for purging the clutter below. Right now, just walk through and get a feel for what you have, grab any obvious garbage, and get it out.

6. Use the 3-Pile Method to inventory, sort, and clear out the excess.

Work room by room to put EVERYTHING you own, across your entire house, into three piles:

Pile 1: Donate. Think about your floor space as if you were paying price per square foot, because guess what: YOU ARE!

Pile 2: Toss. Be real with yourself here. Think of me saying this in my Mom Voice: “If you treat it like garbage, then it IS garbage.”

Pile 3: Keep. Keep only what you really use or what really matters to you. And if you keep it, it has to have a home. A place for everything and everything in its place, if you will. If it doesn't have a home then I encourage you to make a home for it OR...find its home in pile 1 or 2.

Re-inspect

Once the items in Pile 3 are back in their homes, and the rooms are thoroughly emptied, you’ll want to focus your attention on the finishing touches. This brings us to our final step to prepare you for a stress free sale.

7. Thoroughly assess the condition of interior walls, doors, and fixtures.

Sometimes we spend so much time living in our space that we become blind to the chip in the sheet rock or the door hinge that needs to be re-tightened. The point here is to make the existing features as tidy and functional as possible. 

There you have it, folks: My 7 Steps to a Stress Free Sale. It's all about the preparation. Do the work before you list to minimize surprises and headaches during the sales process. Trust me, it works!

And to help you work the steps, I've put all of this into a handy checklist, along with some of the most common FAQs I get asked. Complete the form below to receive your checklist!

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Contrary to popular belief you do NOT need to remodel or spend money on consultants or services to sell your property. You simply want to know the condition of what it is you’re wanting to sell.

In fact, spending money on new floors or even paint may not give you the highest return on your investment. Follow these simple and FREE task’s and you’ll be set to cash in on your investment.

I can hear that sigh of relief from my desk!

All the best,

How to Buy Real Estate without Losing Your Mind

My husband and I know how to buy real estate without losing our minds, and you can, too!

How to Buy Real Estate without Losing Your Mind

My husband and I know how to buy real estate without losing our minds, and you can, too!
After decades of experience, including as home buyers ourselves with my husband Josh, I know exactly what it takes to stay sane when buying real estate!

Listen, buying real estate can come with a lot of liability and risk. We all know that. But wise real estate purchases also have the power to positively shape your future! Real estate is my passion, and even more so it is my goal to make real estate as simple as possible. So here is my bullet-proof list of steps to take to buy real estate without losing your mind!

1. Analyze your goals

No one knows your circumstances better than you. What is it that you want from your real estate purchase, and what features do you need in a property? What is your budget? What are your communication expectations for and with your real estate agent, and what is your ideal timeline to complete your transaction? Honestly assess your answers to these questions, and use your answers to create a clear path forward in Step 2.

2. Create a custom strategy

Once you know what your overall goals are, how will you get there? What is your next action item? First and foremost, find a real estate professional you can trust to guide you through with transparency and strong ethics. They should be able to help you design the rest of your house-hunting strategy to give you the leverage to get what you want, where you want, for the price you want. “Hire a good agent!” is the absolute biggest tip I can give you to be able to buy real estate without losing your mind.Some points you will want to discuss with your agent before shopping are:

      • Your budget and how much room, if any, you have to wiggle on price
      • Your status in the mortgage approval process
      • Your target neighborhoods
      • Your target home style & specific features on which you will not compromise
      • Your timeline for purchasing

3. Execute and see results

After you have your strategy, this is where it gets real. Your agent will use the road map you designed in Step 2 to start curating properties to present to you. Once you have chosen a property on which to make an offer, your agent should go to bat for you to get you the home. Once an offer is accepted, they will coach you through the negotiations, inspections, and additional paperwork that may be required by your lender. 

Throughout the entire process, they should be available to consult with you at any point when (not if…) you have any questions about the buying process. Consider your agent to be your Real Estate Coach & Advocate.

CARMEN WILL HELP YOU:

1. Analyze your goals  2. Create a custom strategy  3. Execute the strategy so that you see results!

As you can tell, most of these steps boil down to one thing: hiring a great agent. With the right person on your side, you will be well on your way to buying real estate without losing your mind.

To learn more and start your real estate journey off on the right foot, request your free Buyer's Guide today!

All the best,

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3 Steps to Stay on Budget

My husband and me, seen here during a family photo shoot a few years back, have found that one of the keys to a strong marriage is our mutual commitment to stay on budget!

Stay on Budget with These 3 Steps!

My husband and me, seen here during a family photo shoot a few years back, have found that one of the keys to a strong marriage is our mutual commitment to stay on budget!

Ever wonder how some people seem to be able to stay on budget and make money multiply, while others can’t seem to save a dime? No matter your income or economic status, money is an important tool and resource. Just like any other tool or resource, it has to be used and managed properly for it to serve its purpose. 

If you have a goal to buy your first home, take a vacation, or learn to live within your means and get out of debt, your first step must be to live on a budget. I know, it’s hard! But here are my three steps to stay on budget and meet your personal finance goals.  

1. Track

Tracking your spending is the biggest piece of the budget puzzle. You have to know where your money is going, or you don’t have a budget. If you aren’t doing it already, track every single penny you spend for a month. 

The point of this exercise is to identify areas for improvement in your spending habits. Everyone has an area that seems to make their money evaporate more quickly than others. I have a friend that once had to ban herself from shopping at Target for a long while, because it became very clear to her after tracking her spending that she did not have the willpower to walk through the store and not overspend.

Once you have tracked for a full month, you should have a better idea of where your money is going. To stay on budget, you should continue to track and categorize your spending. However, instead of doing it to identify money drains, you will be doing it to be sure the right categories are being funded and maintained according to your goals.

2. Automate

The second step to stay on budget is to automate as much as you can. Put recurring bills on auto-pay. That way you don’t have to take the time to think about whether or not you forgot to pay something.

In addition to setting up bills on auto-pay, automate your savings, too. The classic advice to “pay yourself first” is a lot easier to follow if you set it up to happen automatically. If you are paid via direct deposit, most employers allow you to split your paycheck deposit between two accounts, so have some money going straight to savings. If you don’t have direct deposit, you should still be able to set up automatic transfers with your bank.

3. Optimize

The whole point of tracking and automating is to optimize your money. Basically, that’s just a fancy way of saying make it work for YOU! How do you do that?

Well, there are the obvious (and smart!) answers, like funding investment accounts. If you are lucky enough to have a retirement savings program at work with an employer match, that should be a no-brainer for you. Don’t leave free money on the table!

Real estate investing is, of course, another way to optimize your money. In the long run, real estate is a great way to build wealth, even if you never have any interest in being a landlord and just purchase your own home and position is to maximize appreciation. 

But to invest in mutual funds, stocks, real estate—even just buy your own home—all of that takes money up front and on a regular basis, right? So it all goes back to budgeting…

There are some great tools out there that help you stay on budget. I am not going to cover them all here, except to say to pick a tool/system and work it! This article has a great round up of current online programs and apps. When it comes to the logistics of managing money, what works for one person may not work for someone else. 

But what always works? Track. Automate. Optimize. Don’t work for money--make your money work for you!

Are you thinking about how to put your money to work by jumping into real estate by buying your first home or investment property? Download my Buyer’s Guide below, and contact me today to discuss how I can help you reach your goals!

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All the best,

The 5 W’s of Buying a Home, and How!

Buying a home can be overwhelming

The 5 W's of Buying a Home, and How!

Buying a home can be overwhelmingLast week I shared some information and resources about why now is the time for homeowners to prepare to sell this spring. But today we’re going to talk about the flip-side: the who, what, when, where, why and how of BUYING a home.

Who?

Anyone with a stable income should be making a plan to buy a home. It doesn’t necessarily mean that you will buy this year, or even next, but it should be in your plans for the future. While renting definitely serves a purpose for various reasons and stages of life, eventually home ownership is almost always the best choice (see “Why?” below for more).

What?

Before house-hunting, determine your Top 5 Needs & Wants based on your goals and future plans. Also, anyone who has ever talked to me knows that I always recommend my clients consider how purchasing a duplex for a long term investment might meet their needs. It is definitely one of the smartest financial choices I have seen my clients make. 

When?

This one is tricky. The old adage that “the best time to buy a house is when it is the best time for you” is certainly true. However, there are a few points to consider when timing your home buying process.

For instance, spring and summer have the highest inventory. This means that you are more likely to find a place that meets more of your wants and needs. The weather is also more conducive to thorough inspections and related repairs or upgrades. Finally, moving during the summer break is ideal for families with school-aged children. 

On the other hand, prices are higher in the peak season, so you get more bang for your buck in the “off” seasons of fall and winter. Although, moving in the rain, sleet, and snow--or during the holidays--can make the entire ordeal feel like just that, an ordeal. And with lower inventory, it might take a little longer or require some extra compromise to find the right place for you.

Where? 

This one is a no-brainer to me. Fife-Milton-Edgewood is a great area to live. I should know! FME is where my family and I have put down roots, and I love this community. With easy access to all of the main south and central Puget Sound cities and mass transit centers, commuting for work or pleasure (I am told some people like to drive places...weird, I know) is about as easy as it comes in the gridlocked PNW. Highly rated schools, beautiful parks and trails in the vicinity--need I go on? Buying a home in FME is a fantastic decision.

Why?

Why not? Haha. Not really. Look, I am in the real estate industry, so of course I want to tell you all of the amazing, wonderful ways that buying a home will improve your life. However, I also pride myself on authenticity and transparency, so I am going to get the bad news out of the way: home ownership isn’t always the right choice. If your income is unstable, you anticipate a major life change in the near future, or you simply aren’t ready to take on all of the nitty gritty truths of owning a home, then rest easy in knowing that renting is a completely legitimate and appropriate choice for you. For now.

But if you are fairly stable, then why continue to pay someone else’s mortgage and fund someone else’s retirement indefinitely? Because that is what you are doing when you rent.

According to the US Census Bureau, home ownership and retirement savings are the biggest factors in determining household wealth. For many, their home equity is ultimately a large part of their retirement plan as well. When you rent, you don’t build equity in your home. Make no mistake, the value of that house is appreciating--it’s just not in your favor.

Besides the finances, there are other, less measurable “whys” in favor of buying. Want to paint a room without the hassle of getting permission? What if you want to rip out a section of the yard to plant a garden or build a playhouse for your kids?  Fall in love with a shelter pup but your landlord says no pets? There is a big psychological component to having a home not just a house, and buying is often the best way to address that desire for something to call your own.

How?

Oh, boy! Now we’re to my favorite part! This is literally what I do--all day, every day. I’ve got this!

First, you need to fill out the form below to download my Buyer’s Guide, filled with all of the ins and outs of the buying process. Go ahead and send that form now.  I’ll wait.

FREE BUYER'S GUIDE

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6 STEPS TO BECOMING A HOMEOWNER

Learn what it takes to achieve your Real Estate goals & invest in your future.

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Done? Great! Now, before you run over to your email for the guide, bookmark these recent posts from my blog for more reading. They have a lot more tips for you to make the buying process that much easier.

Buying real estate comes with a lot of liability. 

Most people struggle with knowing where to begin and what to prioritize. 

You're not alone.

If you haven’t already, check your email for your Buyer’s Guide. Read through it, make some notes, and then reach out to me to set up a time to talk about your goals and how I can help you!

All the best,

Spring is a Seller’s Paradise

Young children frolic and make faces at the camera in the spring sun

Spring is a Seller's Paradise

Young children frolic and make faces at the camera in the spring sun

After 80 straight days of gloomy weather (yes, seriously…), we finally had a nice stretch of sun hit the west side of Washington State earlier this week. It was glorious! While it appears we have again returned to the classic PNW rain/sun mix for now, that little preview of spring should remind us of one important thing: selling season is nearly upon us!

It’s probably no surprise that real estate listed at the height of spring tends to sell for more than properties listed other times of the year. Buyers are aiming to make a move when it’s most convenient, and the months of May and June are perfect for house hunters—sandwiched between major holiday and travel seasons, with generally mild weather for easy inspections and popping curb appeal, and the school year is wrapping up so disruption on the kiddos is minimized. Spring is a seller's paradise!

In the Fife-Milton-Edgewood area, the average time for a property to be on the market is 46 days. So if a house hunter is looking to be in their new FME home (and your old one!) by the start of summer, your property needs to be on the top of their list for viewings by early May.

But it’s not even March yet, so why am I talking about May and June?

Because…

"When opportunity knocks, it’s too late to prepare." - John Wooden

Listing real estate for sale is not an overnight task. You have to prepare in order to see that proverbial “top dollar.” March and April are the time to get ready.

So where do you start? Preparing to sell, listing and marketing, getting showings, negotiating contracts, moving…it can be overwhelming! But can I tell you something?

I am really good at my job. I can manage all of that craziness, and I can help you do it, too.

Your first step in preparing to list your property is to complete the form below to receive my free Sellers Checklist: 7 Steps to a Stress-free Transaction.

FREE SELLER'S CHECKLIST

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7 STEPS FOR A STRESS FREE TRANSACTION

Learn which improvements will get you the highest return on your investment.

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My goal is to make real estate as simple as possible for you, and this guide will help you know what to prioritize as you prepare your real estate for the busy spring market.

As always, I’m here to help, so contact me if you want to schedule a time to talk specifics about your home and how to sell it for top dollar!

All the best,

Want more? Check out these related blog posts:

 

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