Tips for Buyers Earnest Money? The expression “putting your money where your mouth is” demonstrates a monetary sincerity to what could be empty words.  In today’s market, sellers want as much assurance as possible that the buyer is sincere and will close on the sale. The seller who accepts a contract expects the buyer to follow through but, in most cases, […]
Tips for Buyers Commuting and the Home Buying Decision There are a variety of considerations when purchasing a home and one that is becoming increasingly important is the commute time and distance to and from work. Whether you are taking your personal vehicle, riding public transit, or carpooling with neighbors, a commute can have a significant impact on your quality of life. The past […]
All about Real Estate HOW TO BE A GREAT CLIENT Entering into a working relationship with a real estate professional should be seen as a strategic partnership. As most partnerships go, there is give and take, back and forth, as both parties involved play specific roles. Below are ten adjectives and their definitions of qualities that describe successful real estate clients. Real Estate Clients Are… […]
Uncategorized Two Reasons Why Today’s Housing Market Isn’t a Bubble You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing market experts and real estate economists if they believe the housing market is in a bubble. The results […]
Tips for Buyers Higher Rates and Short Supply: The State of Real Estate in 2022   The last two years caught many of us off guard—and not just because of the pandemic. They also ushered in the hottest housing market on record, with home prices rising nationally by nearly 19% in 2021, driven primarily by low mortgage rates and a major supply shortage.1  But while some had hoped 2022 would bring […]
Uncategorized Your Real Estate Hedge Against Inflation The concern about inflation is the sustained upward movement in the overall price of goods and services while the purchasing value of money decreases.  Tangible assets like your home consistently become more valuable over time.  In inflationary periods, your home is a good investment and a hedge against inflation. Money in the bank loses purchasing power due […]
Uncategorized How Remote Work Impacts Your Home Search How Remote Work Impacts Your Home Search [INFOGRAPHIC] Some Highlights If your workplace is delaying its return to office plans or is allowing permanent work from home options, that may open up new possibilities for your home search. Ongoing remote work could give you the chance for a change in scenery, a move to an area with a lower cost […]
Uncategorized Real Estate in 2022 A Return to Normal? Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1 However, there were signs in the fourth quarter that the red-hot housing market was beginning to […]
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Residential Investment Property Should You Rent Out Your House When You PCS From the Puget Sound Region? For military service families, purchasing a home is a complex decision, due to the nature of the transitional lifestyle. Unlike your civilian counterparts, many military families in the Puget Sound Region purchase homes knowing they will only live in them for two or three years. Depending on the area you live in as well as […]
Tips for Buyers Seller’s Market = Buyer Frustration. Buyer Tactics, Your Best Offer First? Homebuyers, both first time and move up, must have an offer strategy in today’s seller’s market.  This strategy is not about trying to negotiate the best price; it is simply about beating out the competition and buying the home.  It may be difficult to understand until you have lost a few homes to better offers.  The  […]
Uncategorized Rental Property Investment Return Rental properties have five primary factors that contribute to the return on investment. Leverage – when borrowed funds are used to control a larger asset, it increases the yield. Appreciation – investing in rental properties is essentially a long term investment.  Appreciation of the asset over time can deliver satisfactory returns. Equity Build up – […]
Uncategorized 6 Things to Consider Before Becoming a Landlord. 6 Things to Consider Before Becoming a Landlord Military families move every two to three years and with every relocation, a major decision revolves around whether to live in base housing, to rent, or to buy out in the community.  For those who purchase their own homes, there’s always the end product of knowing that […]
Uncategorized Why Keeping records of your home improvements makes $ense. Homeowners receive  generous tax benefits on the gain of their principal residence, up to $250,000 for single taxpayers and $500,000 for married taxpayers filing jointly.  Most people probably consider the gain or profit in a home to be the difference between the purchase price and the sales price. IRS allows a taxpayer to lower the […]