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tips for sellers: When buying a home, consider the resale value. - 01/19/08 08:51 PM
Sure, I might be jumping the gun a little. I know you haven't even purchased the home yet or moved in for that matter, but consider what happens if you want to sell it later. How do you choose a home that has a good resale value?
We all want homes that will grow in value and sell quickly, so why not think ahead before making your next purchase. Very few of us live in the same home forever, so the resale value is definitely something you should be considering with your next purchase.
Location, Location, Location. Location is key. Even though a … (0 comments)
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tips for sellers: Sellers - 10 Questions to Ask Every Agent. - 01/19/08 12:48 AM
With so many real estate professionals, how do you choose just one? Here is a list of questions that I would recommend you ask each agent you interview, to see how their service and results compare. You want to make sure that not only you choose the right professional for the job, but also make sure this is a person you are going to enjoy working with over the next couple months.
10 QUESTIONS TO ASK EVERY AGENT By Jen Hudson, GRI
1) What is your average list price to sales ratio?
Every agent should know their list price to sales price ratio. If you … (2 comments)
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tips for sellers: Purchasing a Home? Make your Offer Count. - 01/19/08 12:08 AM
How you write an offer on the property you chose ultimately determines whether you win or lose. Negotiations are about more than just the price. Here are just a few of my keys to success.
Try to Minimize Contingencies. Fewer contingencies mean a stronger offer. With that in mind, you should insist on some contingencies and do your homework before you put anything on paper. Do you need a survey of the property lines? Is this contingent on the sale of another home? Are you thinking about building? Make sure your planned home is allowed in the neighborhood! Each buyer and property … (4 comments)
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tips for sellers: Camano Island, WA - Market Update – January 18, 2008 Snapshot - 01/18/08 11:12 PM
Welcome to the first 2008 snapshot of what is going on in our market place today, January 18th.
The supply and demand in real estate is best gauged by looking at the number of pending sales. Here is a snapshot of what our market looks like today on Camano Island for residential homes.
What does this mean?
Sellers, let's be honest. The market on Camano Island is challenging right now. Some of the best price ranges to be in are $150,000-$250,000 but there is a lot of competition. Pricing, condition, and marketing are key in order to get your home sold. But, … (4 comments)
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tips for sellers: Stanwood, WA - Market Update – January 18, 2008 Snapshot - 01/18/08 11:02 PM
Welcome to the first 2008 snapshot of what is going on in our market place today, January 18th.
The supply and demand in real estate is best gauged by looking at the number of pending sales. Here is a snapshot of what our market looks like today in Stanwood for residential homes.
community news,economy,market updates,sell your home,statistics,tips for buyers,tips for sellers,marysville,snohomish county
What does this mean?
Sellers, if you are under $200,000, priced right and your property shows well, then get ready to move, chances are good you'll see an offer and fairly quickly! Pricing and condition are key, as there is a … (0 comments)
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tips for sellers: Arlington, WA - Market Update – January 18, 2008 Snapshot - 01/18/08 10:55 PM
Welcome to the first 2008 snapshot of what is going on in our market place today, January 18th.
The supply and demand in real estate is best gauged by looking at the number of pending sales. Here is a snapshot of what our market looks like today in Arlington for residential homes.
What does this mean?
Sellers, if you are under $250,000, priced right and your property shows well, then get ready to move, chances are good you'll see an offer.
Buyers, there is plenty of inventory to choose from, but don't wait too long, homes are moving fairly well. Certain price … (0 comments)
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tips for sellers: Marysville, WA - Market Update – January 18, 2008 Snapshot - 01/18/08 10:48 PM
Welcome to the first 2008 snapshot of what is going on in our market place today, January 18th.
The supply and demand in real estate is best gauged by looking at the number of pending sales. Here is a snapshot of what our market looks like today in Marysville for residential homes.
What does this mean?
Sellers, if you are between $200,000 - $350,000, priced right and your property shows well, then get ready to move. You should see an offer.
Buyers, there is plenty of inventory to choose from, but don't wait too long, homes are moving.
Looking over the data from … (0 comments)
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tips for sellers: FHA & the Real Estate Circle of Life. - 01/06/08 01:05 PM
There is some great news for home buyers (and sellers!) on it's way in. On December 14, 2007 the Senate passed a new law - the FHA Modernization Act of 2007.
What is this?
Essentially, this will help buyers by offering alternative ways of borrowing money that are much less risky than the sub-prime mess we saw. There are a couple main features involved with this law.
Current Assistance. It will assist homeowners who are in a current unfortunate situation of not being able to pay their mortgage payments as a direct result of being involved with the sub-prime Adjustable Rate Mortgages.
FHA Loan … (9 comments)
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tips for sellers: Vacant home… but who’s been inside? - 01/05/08 11:41 PM
Recently I ran across a situation that left me a little nervous and got me to thinking. With so many vacant homes on the market (both rentals and for sale) how can we make sure they are safe?
I received a call from a client who was driving by a home that was for sale. The conversation went something like this..."I'm out here in front of this home for sale. Can you come meet us? The sliding door is open but no one is home so I ran inside and grabbed a flyer." Ummm.. what?!? The only words I really heard were … (21 comments)
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tips for sellers: Investors. Don’t Get Stuck in the Dark. (Part 5 - final) - 01/03/08 09:34 AM
To wrap up this series on investment properties, let's take a look at some final pieces to keep your investment an investment. If you haven't read previous articles, start here for some worth while information on how to look at investing.
Investment-Income Producing Properties are a wonderful thing to have. While everyone else is waiting for the market to change, this is the ideal time to negotiate some fabulous deals. But it takes more than just purchasing a property to make it worth your while.
Having started and recently sold a successful property management company, I'm speaking from experience. A good property manager … (4 comments)
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tips for sellers: Investors. What's a Good Value? (Part 4) - 01/01/08 10:56 AM
If you are just tuning in and are interested in investment properties, take a minute to browse through my previous articles before you get started. Part 1 - Tips for First Time Investors. Part 2 - Is it a Good Rental? Part 3 - How Long is Your Horizon?
So, you've found a couple properties that might be a good investment. How do you know if they are worth it? First, when looking at a potential investment property, use actual numbers, not future projected numbers.
The numbers part of purchasing an income producing property can be some of the least exciting work, … (7 comments)
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tips for sellers: Investors. How long is your horizon? (Part 3) - 01/01/08 10:39 AM
As with any investment, part of planning is knowing how long you are going to keep it. If you plan on keeping a property for 20 years, chances are you're going to have to replace the roof, water heater and other items with a limited lifespan. If you plan on keeping the property for only 5 years, then you'll want to avoid those costly items if possible. Or, at least take them into account with your costs and purchase price.
Remember, real estate is a long term investment. Make sure that you are financially prepared before you start out. You'll have plenty … (2 comments)
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tips for sellers: Market Update - Marysville 20007 Snapshot - 01/01/08 10:25 AM
Let's close 2007 with a quick snapshot of what is going on in our market place today.
The supply and demand in real estate is best gauged by looking at the number of pending sales. Here is a snapshot of what our market looks like today in Marysville for residential homes.
What does this data mean? Well, in Marysville there is only a 5.5 month supply of inventory. That is a nice balanced number.
It means if you are looking to sell your home, and you are in the $200,000-$300,000 range, then make sure you price it right and spend time sprucing it … (2 comments)
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tips for sellers: Market Update - Camano Island 2007 Snapshot - 12/31/07 03:57 PM
Let's close 2007 with a quick snapshot of what is going on in our market place today.
The supply and demand in real estate is best gauged by looking at the number of pending sales. Here is a snapshot of what our market looks like today on Camano Island for residential homes.
What does this data mean?
It means if you are looking to sell your home, you'll need to be patient and price it right! Some of the best price ranges to be in are $350-400,000 and over 1 million.
If you are a buyer, these numbers mean that you do … (0 comments)
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tips for sellers: Market Update - Stanwood 2007 Snapshot - 12/31/07 03:51 PM
Let's close 2007 with a quick snapshot of what is going on in our market place today.
The supply and demand in real estate is best gauged by looking at the number of pending sales. Here is a snapshot of what our market looks like today in Stanwood for residential homes.
What does this data mean?
It means if you are looking to sell your home, if the value is around $200,000 you'll be doing well. 33% of homes in this range are pending and the average days on market is very reasonable, at only 74.
If you are a buyer, these numbers … (8 comments)
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tips for sellers: Market Update - Arlington 2007 Snapshot - 12/31/07 03:46 PM
Let's close 2007 with a quick snapshot of what is going on in our market place today.
The supply and demand in real estate is best gauged by looking at the number of pending sales. Here is a snapshot of what our market looks like today in Arlington for residential homes.
What does this data mean?
It means if you are looking to sell your home, if the value is around $200,000 you'll be doing well. 16% of homes in this range are pending and the average days on market is very reasonable, at only 67.
If you are a buyer, these numbers … (0 comments)
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tips for sellers: Investors. Is it a Good Rental? (Part 2) - 12/30/07 08:13 PM
So, you've decided it's time to purchase an investment property. How do you know if it's a good rental?
There are a couple basic items to consider when looking at an investment property. Just like in real estate, rentals are about location, location, location!
If you are considering a full-time rental property, is it close to schools, shopping or allow for easy commuting? If you are looking at a vacation rental, what is the draw for that area and why do people visit? Is there a golf course, beach or another attraction that brings people to the neighborhood consistently? Even a retirement … (2 comments)
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tips for sellers: Investors or Anyone. Don't put all your Eggs in One Basket. - 12/30/07 02:41 PM
Now is the perfect time to consider investing in the real estate market. But, you should NOT just run out and buy the first property that comes along. There is some planning that you should do first.
With that said, don't put all your money into one basket. In order to invest smartly, you need to distribute your wealth to your advantage.
Security. Your security basket is what you fall back on in case your world comes to an end. Let's say you lose your job, your tenants move out and you're stuck. This should be a liquid asset.. Stocks are great for … (0 comments)
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tips for sellers: Why Real Estate is Better than Stocks. - 12/29/07 06:00 PM
The thing I love about real estate is that it allows you to leverage your money. Here's what I mean.
Let's say that you have $40,000 to invest.
Option 1. You find an income producing property, maybe a little run down that is only $200,000. You put 15% down, or $30,000 and still have $2,000 for closing costs and $8,000 for upgrades.
Option 2. You invest it into the stock market. Say $20,000 in mutual funds and $20,000 into an aggressive stock.
Now, move forward one month.
Option 1. The mortgage payment, even with PMI at today's interest rates is around $1070/month. This home in … (50 comments)
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tips for sellers: Sellers, how do you compete against DESPERATE sellers? - 12/20/07 06:33 PM
I recently had the situation arise where a buyer I was working with was drawn away from a beautiful home, for the chance to buy a short sale. Unfortunately, this is not the first time I have seen this and it got me to thinking. How are my sellers supposed to compete with the desperate sellers?
Today, there are far more listings and I'll admit, a few less buyers than in the recent years. This leads to less of a demand and our prices are starting to reflect that. In my market, buyers have a lot of options when choosing a home. … (16 comments)
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Jen Hudson - Stanwood, Camano & Arlington,WA
Stanwood,
WA
More about me…
Windermere Real Estate/M2, LLC
Address: 95020 19th Ave, Everett, WA, 98208
Office Phone: (360) 652-1200
Cell Phone: (206) 293-1005
Email Me
What you should know about real estate in Stanwood, Arlington & Camano Island, WA. And, maybe some other tips too.
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