Buying

June 22, 2012

Now in Western Washington: Low Inventory + Low Interest Rates

According to our Northwest Multiple Listing Service, a low inventory of homes for sale combined with record low mortgage rates are igniting Western Washington home sales.  In the 21 counties in the MLS market area, home inventory is down almost 28% from a year ago.  Locally, Whatcom and ...

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June 3, 2012

What is the Mutual Agreement Date?

The Mutual Agreement Date is the date the last party making an offer or counter offer receives notification that their offer (or counter offer) was accepted and both parties have  agreed to all terms and conditions of the Purchase and Sale agreement.

We often say it is the date the ...

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April 13, 2012

Bank of America to Streamline the Short Sale Process

Bank of America is making changes to its short sale procedures with a goal of  reducing the time frame for a short sale decision to less than three weeks.

Beginning Saturday, April 14, real estate professionals working with B of A will be required to submit five documents for short sales ...

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April 11, 2012

Home Maintenance tips: Fire in the laundry room - is your dryer venting system at risk?

Have you seen that Farmers Insurance commercial about laundry room dryer fires?  You know the one, where the professor shows the agents just how flammable dryer lint can be by torching a giant lint ball with a flame thrower.  The lint ball that was removed from the dryer ...

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April 3, 2012

Bellingham Real Estate Market Report - March, 2012

Here's a quick analysis of the Bellingham Residential Real Estate Market for March 2012.

Wow sales have really picked up over last month in number and price and have picked up in price over last year.  The number of homes on the market is really low compared to ...

Posted in Buying, Market Reports
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March 9, 2012

Bellingham Real Estate Market Snapshot

Could it be? Has the market "bottomed out" as news articles are reporting?  It's hard to make this big of a projection or statement, but I will agree that inventory is shrinking.  I want to share what I am witnessing in our market as well as the data to ...
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Feb. 15, 2012

Do you know your REAL Credit Score?

Do you know that banks use different credit scoring software than most free credit reporting websites. So if you go to the free credit reporting sites to find out what your credit score is you're not necessarily going to get the same score as the bank will when they ...

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Oct. 15, 2011

Warning! Short Sale: Enter at your own Risk

They've been a predominant player in our market for at least the last 3-5 years. The term has become part of our national vocabulary and with real estate still at the forefront of our news, the term Short Sale is just as hot if not on fire!  With more ...

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Sept. 22, 2011

$100,000 real estate deals; Bellingham and hyper-local markets

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$100,000, Seems this is the magical price that buyers think will get a good deal. Without fail, I receive numerous calls for buyers looking for a home and even better, a home near the water or with a water view for $100,000. I suppose this would be an ...

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Sept. 6, 2011

Purchase and Sale Agreement Explained

You've gone out and looked at 15 homes, you've found the one you want to buy.
You've contacted your lender You've gotten pre-approved for a loan and you're ready to write an offer on your dream home. The offer is going to be on the ...

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