Edgewood, WA Real Estate Blog

I posted the following comment this morning in response to Why Touring Your Home Isn’t RE.net Compatible and Other RE Fallacies.
Ah yes, the office tour… I concur. It’s a poor excuse for marketing offered up to anxious sellers. It always bothered me that tours were presented to a seller as meaningful exposure. [...]

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The latest Case-Shiller US National Home Price Index has just been released.
It shows continued negative annual returns in the US Nation Home Price Index, the 10-city index and the 20-city index. Fifteen of the 20 metro area indices showed a decline.
Interestingly, Seattle fared well showing a 7.9% year over year gain, especially in light [...]

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I got a call from a homeowner yesterday.  I’d previewed her home the day before.
She was looking for feedback… searching for a reason why her home hadn’t sold in the four months it had been on the market.  She had listed her home with a limited service agency, so she was doing the showing/previewing follow [...]

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New home builders like to close as soon as possible. That’s when they get paid. As the closing date nears, chances are they’ve drawn as much as their lender will allow prior to closing. Most builders make periodic draws from their lender based upon construction progress. Once a final occupancy permit [...]

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Guess who’s going to be a judge at the Puyallup Fair?
I’m scheduled to taste salsa. I expected some entries would be a little on the warm side, but when my contact mentioned the remedies kept around as a precaution, I’m not so sure I selected the right venue.
Chocolate chip cookies… that’s probably what [...]

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And you thought it was your property!
A fellow agent mentioned the City of Federal Way had told one of her clients they couldn’t park their RV at their house. That didn’t seem right to me.
She must have been talking about CC&R’s, right? That I could understand. That makes sense.
If you don’t like [...]

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I’ve reviewed hundreds of purchase and sale agreements.
Some good, some not so good. Helping new agents was part of what I did as assistant manager at my former company. I didn’t expect new agents to be experts at drafting contracts at first. When they needed to write a clause addressing a particular [...]

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I found it in the fine print of the boilerplate.
Representing a buyer client purchasing a new home, we’d drafted a purchase and sale agreement from standard MLS (multiple listing service) forms. Then came time to scrutinize the builder’s “standard” addendum.
Ever notice how many new home builders seem to have disjointed addenda? They don’t [...]

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