Thursday, July 07, 2016 / by Christine Robertson
What do appraisals mean to you as a buyer and a seller? I get this question all the time.
An appraisal is something that’s paid for by the buyer but enacted by the bank as protection for them to make sure that the home is worth what you’re being offered for it. In other words, if you have a house on the market for $500,000 and you take an offer for $600,000, the bank wants to ensure - to protect the loan that it’s extending the buyer - that they can resell the house for that $600,000 price tag. If it isn’t, or they can’t resell it for that amount, they’re not going to lend the $600,000.
The appraisal is basically a protection for the bank and protection for their loan. This is why a cash buyer is so much more attractive to you as a seller, because then you don’t have to go through the whole process. They don’t have to worry about what the home’s “worth” to the bank. They don’t care - it’s cash. How ...
Friday, June 24, 2016 / by Christine Robertson
Today I’m back with Seattle Food Tours and we’re downtown at Il Corvo Pasta. This is the best pasta in Seattle, and Il Corvo is only open for lunch from 11 am to 2 pm on Monday through Friday. Usually there is a long line outside, so it’s a very unusual scene today.
Long story short - I actually know the owner, Mike, very well. He used to work for me when I owned a bakery in Albuquerque. Back then he was a punk rock guitar player that started baking for me, but now he owns the finest Italian restaurant in all of Seattle. This place is the bomb!
The atmosphere is a little different than your typical Italian restaurant - it’s a lot less stuffy in here. You order at the counter, take a seat after you’ve ordered, bus your own tables, and enjoy your lunch!
"Don’t pass this place up!"
And last but not least, let’s take a peek at what’s happening with home values in the Capitol Hill residential neighborhood in ...
Monday, June 13, 2016 / by Christine Robertson
The market in Seattle is hot and inventory is at historic lows. This means that it’s a tough time for buyers. You need to be able to keep a level head in order to get the home you want. If you want to keep your wits about you, stay calm, stay focused and not get too disappointed then following the “2 out of 3 Ain’t Bad” rule should do the trick.
What do I mean when I say “2 out of 3 Ain’t Bad”? Well, as a Realtor, I know that you are looking for everything you want during your home search. Everyone has a specific list of "wants" and as your Realtor, I would love nothing more than to give it to you. That being said, I have a responsibility to tell you the truth. In this competitive market, you are not likely to get everything you want when it comes to purchasing a home.
You can have any two of the three things listed, but you’re unlikely to get all three.
The three things I’m referring to in this rule are: price, loca ...
Wednesday, May 25, 2016 / by Christine Robertson
Welcome to food tours, Tacoma edition! I asked everybody for what the best pho restaurant in Tacoma was, and I was directed here to Pho King.
I sampled the Pho King Special and Emily had the No. 6 with ribeye beef. It was excellent and we couldn't be happier that we came. I also think the name is extraordinary. The next time you're in Tacoma, I recommend it highly.
So now that you know where to get outstanding pho in Tacoma, you'll of course need to know about the market. Taking a look at our market snapshot, we see that the Tacoma market is almost as hot as it is in Seattle.
Houses are selling for about 3% higher than the asking price they're listed at in the area right around Pho King (Martin Luther King area).
Homes spend on average about 59 days on the market, which is about 20 days longer than homes sit on the market in Seattle.
What's interesting is that the price point in Tacoma is about $200,000 less than the median price point in Se ...
Friday, May 13, 2016 / by Christine Robertson
Why hire us? It’s a very simple question, so I’ll give you a very simple answer: performance.
Merriam-Webster defines performance as:
the execution of an action; the fulfillment of a claim, promise or quest.
We think the kind of performance people are looking for in a Realtor can be expressed in three different aspects: Can you sell my house for the most money, in the least amount of time, and for the least hassle?
Many agents measure their performance in the number of units that they sell, or in the dollar value of houses that they sell. We don’t do that. We measure our performance by how much money we net for you, our clients.
In the last 12 months, we’ve sold houses for 4% more than the average Realtor sells their houses. That’s 4% higher than local market averages. Plus, we’ve sold our houses in almost half the average time on market.
"We put you at the center of every transaction."
As for handling ...