To see the video discussion of the crawl space for this home, Click Here … (0 comments)
home buyer: The Relationship Between Interest Rates and Affordability
- 01/05/08 06:40 AM
By Greg PerryKirkland Realtorwww.425realty.com Mortgage interest rates are hovering at about their lowest levels for the year. There are many forces at work in our current economy. Weak dollar, high oil, inflation? recession?, liquidity crises. Yet for right now mortgage interest rates are hovering right at 6%. Did you know the how mortgage interest rates affect affordability in a house purchase? Basically the Affordability index goes like this:Every 1% increase in mortgage interest rates equals a 10% decrease in purchasing power. Here's how that math plays out for a 30 year amortized loan (Per 1,000 borrowed): A 6% Rate equals a monthly principal and interest … (5 comments)
home buyer: It's Buyer Beware!
- 05/01/07 04:27 PM
It's Buyer Beware!By Greg Perry, Eastside realtor We've had considerable discussion in office meetings about the Washington State Supreme Court decision that says Buyers will no longer have a claim for negligent misrepresentation in post-closing property condition disputes. The Court applied the "Economic loss rule" in the context of a real estate transaction which limits a Seller's loss to the confines of the contract. The mantra once again is "Buyer beware". The SC decision essentially puts the onus on Buyer's due diligence to protect themselves. This does not protect a Seller who fraudulently fails to disclose known issues, but does protect the … (2 comments)
home buyer: "The SECRET" .....to working efficiently with Buyers Part 7 "THE HOME BUYING PROCESS"
- 04/30/07 03:09 AM
"The SECRET" ........to working efficiently with Buyers. Part 7 "THE HOME BUYING PROCESS"By Greg Perry, Kirkland Realtor Part 7 of a Series Part 6 - My expectations of my clientsPart 5. What are the Buyers expectation of their agent?Part 4. What to look for in an agent.Part 3, Disover Buyer desires and needs.Part 2, Helping Buyers understand the marketOverviewOverview: "The SECRET" ....to working efficiently with Buyers. Buyers today have more ways to research information than ever before. Have a question? All we need to do is to Google it! Despite this access to information, Buyers still don't know what questions to ask! As … (4 comments)
home buyer: "The SECRET" ......to working efficiently with Buyers Part 3 Discover Buyer desires and needs
- 04/17/07 07:44 AM
The "SECRET" ........to efficiently work with Buyers. Part 3 --Discover Buyer's desires and needs by Greg Perry, Kirkland Realtor Part 3 of my Series "The Secret" ......to working efficiently with Buyers" , a section of my initial Buyer consultation.Part 2: Helping Buyer's understand the market. I'm going to share with you my two most valuable questions that I use to start out Buyers. These are normally the two first business related questions (after preliminary chit chat) that I ask. Question one is: "What does the image of home look like to you." Questions two is: "Describe your perfect lifestyle." You see, I believe that our … (2 comments)
home buyer: "The SECRET" to efficiently working with Buyers. Part 2 Helping Buyers understand the market
- 04/16/07 01:54 AM
"The Secret" .....Part 2 helping Buyers understand the marketBy Greg Perry, Kirkland RealtorKirkland real estate Part 2 of my Series "The Secret" ......to working efficiently with Buyers" , a section of my initial Buyer consultation. While working with Buyers, I feel it's critical for them to understand basic market conditions. If they don't understand what is happening right now in the market, or if I don't understand their perspective of the market, when it is time to make an offer, everyone is frustrated. Here are the basic points I cover with brief explanations: WHAT IS A BUYER'S MARKET? I ask the Buyer," If … (0 comments)
Let's face it. Sometimes we're voyeurs at heart. We love to see the dirt inside! Here's a chance to see the dirt on a recent home buyer's inspection. Enjoy!
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