If you’re a first-time homebuyer I know that buying a house can seem like an impossibly far away idea, but it really isn’t! How many times have you scrolled through Zillow, peeked in the front windows of a home listed for sale, fantasized about how differently you would do things if only it was your […]
Market Slowly Continues to Climb Average sales price in Lewis County rose about $1700 in the month of January. While not starting the year off with a “bang”, January 2019 only saw an increase of $900. Over the course of 2019, the market saw an increase of just under $35,000. I continue to hear rumblings […]
22R: The Well Addendum You won’t see this form in all transactions, but it is prevalent in rural areas such as Lewis County, WA. It is the form that allows you the ability to test a well and make sure the water is good for drinking. As you can see, it’s a simple one page […]
The Inspection Addendum, or 35R, is perhaps the most important of all the addenda for a buyer. The 35R states your intentions to have a home inspection completed…
AVERAGE SALES PRICE UP NEARLY $6,000! There is a common misconception that the market slumps in the winter months. The graph above (from InfoSparks) goes back to 2016. Show me where you see a slump! Sure there may be one month down or even, but then it goes right back up again. Just to give […]
Part 5: Title Contingency Addendum The Title Contingency Addendum, or 22T as we call it in the biz, is a very important 1 page form. Although about half a page long, the 22T is a protection for the buyer regarding the ownership of the property. Encumbrances Let’s say there is a neighbor who thinks they […]
The August Lull Strikes Again! After reviewing the stats from last month, we saw a slower and slower increase and then a decrease in median home price. I wondered whether this was the peak of the market or just the annual end of summer lull when everyone goes on vacation and real estate slows down. […]
In this third installment of the anatomy of the deal, we’re going to cover one of my favorite forms! The Optional Clauses Addendum.
This is the 2nd part in the series of The Anatomy of the Deal where we’re breaking down the purchasing process into bite size pieces. In the first part of this series, we discussed the offer form. You can find that post at …
Buying or selling a home is one of the largest financial transactions of your life! Most would agree, it’s also the most stressful and unnecessarily complicated processes out there…