Properties “falling out of escrow” due to the home inspection negotiation failing, is on the rise. In many cases this is because the buyer is asking for something the seller can’t really say yes to, because what they are asking for just doesn’t make any sense. Consequently the answer often becomes no and the... »
In case you didn’t know, this weekend is WA Open House Weekend. Net result is if you are in the process of looking at houses to buy, or a seller looking to make comparisons with other homes on market, this Sunday you can double the effectiveness of your Sunday afternoon efforts. According... »
Does your neighbor who just bought a “hybrid” car, complain when you hang clothes out to dry? One of the things I like most about Seattle and The Pacific Northwest generally, is the sincere desire to improve. Improve the environment, improve the quality of life, not only for themselves but for those around them. …and they can... »
Below is a simple diagram of a “normal” sale. Buyer makes offer AFTER verifying everything is in order to close, except the appraisal. Downpayment funds in bank? Check. Pre-approval for mortgage? Check. Cash for closing costs in bank? Check. Ready to make offer. Appraisal comes in at the sale price. Buyer ready to close. We’re... »
Tomorrow will be Day 27 of No Rain in Seattle. The record for no rain in May and June is 29 days. »
(From near the end of this post: “Looks like of the 1,081 combined pendings since 6/1/09, at least 21% are short sales. But of the 1,379 closed in 30 days, less than 2% were closed short sales.”) Read full post for more info. That indicates a HUGE failure rate on Short Sales, though some of... »
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