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foreclosures: Renton WA 2011 Year End Market Report | 98056 - 01/12/12 09:56 PM

 
How did the Renton, WA 98056 Real Estate Market fair in 2011?
The good news is, more than 60% of all closed sales in 2011 were neither Short sales nor Bank owned listings. Definitely a positive sign!
Here's a Market Snapshot of activity:
Regular sales (those which are neither Short sale nor Bank Owned) numbered 201 with an average list price of $414,488. The highest priced sale was 2.4M and the lowest priced "Regular" sale was $70,000.
50 Short Sale Listings (Single Family) closed in 2011 with an average sales price of $275,224. The average days on … (0 comments)

foreclosures: Short Sales, Foreclosures and "Regular" Sales in Maple Valley - 11/17/10 10:35 PM
The following market snapshot of Maple Valley listing inventory is for Single Family homes located within the Tahoma School District Boundaries.
When I talk with clients about buying or selling I explain we essentially have 3 divisions within one larger market. There is the “regular” market….homes that are neither short sales nor foreclosed properties. Many of these listings are New Construction pre-sales (not yet built). There is the Short Sale market and then there is the REO (bank or asset management company owned) market. Each has it’s own unique nuances when it comes to pricing, negotiation and acquisition.
Hopefully … (2 comments)

foreclosures: Maple Valley Bank Owned Property Report March '08 - 03/05/08 10:54 AM

March Update
Sometimes Bank-owned properties (or those which have gone through foreclosure and are now owned and available for sale by the Bank/Lender/Asset Management Co) are a "good deal" and sometimes they aren't. Here are a few tips if you're looking at Bank-owned properties:
If you're looking to purchase a bank-owned property, enlist the help of a professional in your area who knows your  market and can help you navigate the Bank-owned process. These companies will often have their own forms and "quirky" requirements. Make sure you understand all the implications before signing on the dotted line Do your due-diligence, talk with … (3 comments)

foreclosures: Should Buyer Care if a Comp is A Pre-Foreclosure? - 03/04/08 09:58 AM
Imagine you're a Buyer relocating to a small market area. You've located a few homes you like and finally narrow down the selection to a few in one neighborhood where there are several properties on the market.
Two of them in fact are nearly identical; Same floorplan, Same Builder, Same Neighborhood.
The only differences are; Property A is approximately 6 months older than property B, has a few more upgrades and a yard which is more level and fenced-side by side, Property A is more desirable and probably worth a little more than Property B due to the yard and upgrades … (22 comments)

foreclosures: Maple Valley Bank Owned Homes - 12/26/07 04:04 PM
 
Sometimes Bank-owned properties (or those which have gone through foreclosure and are now owned and available for sale by the Bank/Lender/Asset Management Co) are a "good deal" and sometimes they aren't. Here are a few tips if you're looking at Bank-owned properties:
If you're looking to purchase a bank-owned property, enlist the help of a professional in your area who knows your  market and can help you navigate the Bank-owned process. These companies will often have their own forms and "quirky" requirements. Make sure you understand all the implications before signing on the dotted lineDo your due-diligence, talk with the neighbors, … (9 comments)

 
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Seattle Real Estate|Colleen Fischesser| |Short Sale Specialist|So King County

Maple Valley, WA

More about me…

RE/MAX Select R.E | Designated Broker/Owner

Office Phone: (425) 432-5400 x 1

Cell Phone: (206) 491-3819

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The Real Estate Scoop as it pertains to the Pacific Northwest, primarily South East King County where you can get more for your money but are within driving distance of the Seattle Waterfront or Cascade Mountain Ranges. I love to keep on top of what is going on it the local market and with new technology in the industry. Feel free to email or post a comment or question anytime!

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