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  • Did the recent market shift affect Hitler too? (11)
    • synth: Thanks Jillayne, Some other notable authors who predicted this as well: Nouriel Roubini Jim Rogers James Kunstler Marc Faber Bill Fleckenstein...
    • Jillayne Schlicke: Leanne, Are you unaware of the many people who accurately predicted the bubble and financial devistation? I could give you a list of them if...
    • Rhonda Porter: leanne, I don’t have a problem with people not using their real names–especially our “regulars”. You get to know where...
  • HUD Passes RESPA Reform, New GFE Coming in 2010 (37)
    • Jim G: I agree that for what the purpose of a GFE should be could have been done in 2 pages and made a lot clearer. HUD is also taking the approach that by bundling...
  • October King County Home Prices at 10/2005 Level (135)
    • ARDELL: Usually Boards do not need the owners’ approval to increase dues as needed within a certain annual increase cap. Changing the CC&Rs to add new...
    • ARDELL: sampai, Was it your concern, or the lender’s concern? I’ve never seen a lender do that, so we are quite shocked. I’ve even seen places with...
    • sampai: My issue wasn’t with the rental percentage (although that is a long term concern.) It was with the HOA dues not providing for adequate reserves. In this...
    • ARDELL: Sorry I don’t have a link to it, but I believe it is the Washington Condominium Act enacted in 1990 that provided for uniform standards of disclosure via...
  • Windermere’s Web Site Strikes Back (35)
    • ARDELL: Robbie, That’s how our tax link works. It shows the max with no warning, but as soon as I see the max number, I know the odds of the search equalling the...
    • Robbie: Matt, Ironically, I feel the exact opposite. I hate having a large area search, only to be shown an empty map saying “we’re sorry there’s too...

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Tag: transaction

7 reasons to make sure your agent can read well…

I’m not addressing whether or not your agent has dyslexia or if they are perhaps illiterate.  No, I’m putting out there that there can occasionally be a lack of reading on the part of an agent when it comes to documents that may be very important to purchase of a property. Rather than focus on [...]

Commission double-take

Ok, for those of you thinking from the title that I’ll be going back to the subject of dual agency and taking a seller and selling side of a commission this is about something else. What I’ve got a question about as well as a big concern right now is that I just got [...]

Escrow agents and how they protect themselves

When you choose an escrow company (or “closing agent,” the person who does the work necessary to close the transaction), you look for several qualities: competence, service, location, etc. One factor you probably don’t consider is whether the escrow company is willing to be responsible for its own significant errors.
When escrow is opened, [...]

Lynlee’s Tips to maximize seller proceeds

Photo to right: Lynlee Kane w/ clients
We frequently close transactions in which the buyer offers a higher price than the list price in exchange for the seller paying buyer closing costs. Most of the transactions of this type actually result in the seller netting less than if they accepted a full price offer [...]

“Tiptoeing” through ethical minefields

It’s getting a little warm in the kitchen of Real Estate
Two questions have been eating at me for some time.
First, one of the most difficult questions to answer deals with my own brethren in the escrow industry. Why is it that a traditionally transaction “neutral escrow company or service” only receives compensation if a [...]

Good Folk and Old Fashioned Values

Last night, my dream came true.
“If” the beginning of every residential real estate transaction were the buyers and the sellers and their agents meeting and chatting, maybe having dinner together and a drink or two for an hour. Then everyone walks through the house together while the seller tells the buyer the story of [...]