Category: Real Estate Articles

bellevue luxury home market

Luxury Homes in Seattle & Bellevue Offer More Room

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A few years ago, the young tech crowd moving into the Seattle and Bellevue housing markets had their eyes on a downtown address with an easy commute and access to urban amenities. After the 2020 health crisis, quarantine orders and business shut-downs have brought to light how valuable more interior square footage can be and many young adults and families are fleeing the urban, rental life and looking for their first homes in North Seattle neighborhoods like Shoreline, Lynnwood, Bothell, and even Everett, WA. This is putting a squeeze on the sub-million dollar home market, but luxury homes above $1.5 million don't seem to be seeing such pressure with multiple offers and homes selling for 20% over asking price.
Emily Cressey, Seattle , WA Luxury ReEmily Cressey, Snohomish WA Real Estate Brokeral Estate Broker

6 Myths About Seattle Real Estate Agents That You Need To Know!

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There are lots of common misconceptions floating around out there about real estate agents. Usually along the lines that agents can’t be trusted and that they’re out to take your money. But the fact is that agents are professionals, and if they don't take care of clients, they won't be in business long. Agents really are looking out for their clients' best interests and put themselves second in the equation – even if they ultimately make less money. So let's clear things up a bit. Check out these 6 myths about Seattle real estate agents that you need to know.

Why You Need an Experienced Real Estate Agent for Probate

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Selecting a knowledgeable and experienced probate realtor, losing a loved one is a hard thing to experience, but dealing with the legal hassle that comes with estates and court process makes the grieving process even worse. Probate happens when there is a death and the deceased person’s properties are sold or dealt with according to the local law and code. This can mean many legal proceedings and can take some time, and some probate real estate sales require court confirmation. During the probate process, all the property, assets, debts, and claims of the estate are inventoried and tallied. Then, all valid claims are settled and the remainder of the estate distributed among the beneficiaries in accordance with the will. If that sounds complicated, it is – especially when it involves property that must be sold. For it often happens that the decedent's real estate has to be sold in order to cover debt claims against the estate or so that the proceeds of the sale can be distributed to beneficiaries. But selling probate property is a much different animal from a traditional real estate sale. That's why experience matters when choosing a Seattle real estate agent for your Seattle probate property.

Why Choose A Professional, Full-Time Real Estate Broker in Shoreline, WA Instead Of Using “Uncle Fred” The Realtor?

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You can throw a rock and hit a real estate broker in Shoreline, WA. (But please don't - I bruise easily. :))

Yes, I'm joking, but it seems like everyone knows a realtor or two. According to one article from a few years back, in King County alone there are there are over seventeen thousand real estate agents. It's easy for home buyers to think every real estate agent is basically the same - desperate, clingy, fake and too salesly. After all - we use the same MLS service, the same yard-sign services... what does one really do different than another?

how to buy your first investment property in shoreline washington

How To Buy Your First Investment Property in Shoreline, WA

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Do you love the idea of investing in real estate and wondering how to buy your first investment property in Shoreline, WA? This is a great question. Due to tight (or negative) cashflow and high property costs, many people wonder if it even makes sense to invest here. Well, if you can afford to get in, the numbers can look pretty favorable. The benefit of buying your first investment property here in Shoreline, Washington is that this is a strongly appreciating market, at least it has been historically.

The Fannie Mae Homestyle Loan Explained For Seattle Home Buyers

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Sometimes a house needs major renovations in order to become your dream home. The Fannie Mae HomeStyle Renovation Mortgage is intended to assist home buyers in purchasing a home that needs work, often first-time home buyers. Basically, this kind of mortgage allows a home buyer to bundle the costs of buying with the remodeling/renovation expenses and make only a single monthly mortgage payment. These mortgages were also created, according to those in the financial arena, to help "lenders cope 'with constrained housing supply and evolving borrower needs,' since they allow buyers to purchase a home they may not be able to buy without additional financial help." To help you figure out whether this is right for you, here is the Fannie Mae HomeStyle Loan explained for Seattle home buyers.