Real Estate Buyers are Looking for Deals:

Are you looking for great real estate deals? I know you do.  My Homes Under 100K page on this blog gets tons of traffic.

So, I thought I would create a list of 10 cheapest homes for sale in Everett, WA.

Disclaimer:

To avoid possible confusions, here are a few  things to keep in mind:

• The list includes the most current homes listed for sale. It’s updated daily from the NWMLS. The homes are sorted starting with the lowest price listed.
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A while back I described my own mistake of choosing not to have a home inspection when buying a brand new house.

Currently, I’m working on closing another transaction on a HUD home in Marysville.

The buyer has some construction experience, so he opted out not to have a home inspected by a licensed professional. Instead, he did it by himself.

At first it looked like a smart move to save $300. But as it turned out it was not…

So you’ve decided to contact a real estate agent… Do you expect him to pick up the phone right away? If you leave a message or send and email, how soon do you expect a reply? At what point is it too late?

Home buyers contact me regularly via this website. I’ve also advertised my buyer’s agent services on other websites, such as Trulia and Zillow. I rarely see buyers surprised when I quickly reply to their inquiries.

On the contrary, in the age of Facebook and other social media tools, home buyers expect virtually “live” communication. I receive email on my Blackberry (yeah, I’m old school :) so, unless I’m busy with another buyer, I try to respond ASAP).

Earlier this month,

It seems to me that HUD homes have been the best deals around lately.  While working on my second HUD transaction in Marysville WA, I had to learn a lesson in spelling.

You may think that in the age of spellcheckers, the spelling is no longer an issue. Wrong!

The technicalities aside, HUD and their contractors have very stringent rules about spelling. If buyer’s name you submit in the online bidding system differs from the spelling in buyer’s documents, your bid will be cancelled!

The sales contract on a HUD home itself has to be filled out very meticulously. Having some teaching background, I thought it wouldn’t be a problem. Also, my first HUD contract was error-free (to the big surprise of the listing agent).

Thus, I was a bit surprised when I got  a 24 hour correction notice from HUD’s contractor PEMCO. Guess what the problem was…

Real Estate Buyers are Looking for Deals:

Are you looking for great real estate deals? I know you do.  My “Homes Under 100K” page on this blog gets tons of traffic.

So, I thought I would create a list of 10 cheapest homes for sale in Marysville, WA.

Disclaimer:

To avoid possible confusions, here are a few  things to keep in mind:

1. The list includes the most current homes listed for sale. It’s updated daily from the NWMLS. The homes are sorted starting with the lowest price listed.

HUD announced their Emergency Homeowners Loan Program (EHLP). Homeowners who lost their jobs and are more than 90 late on their home payments may be eligible for this interest free loan up to 50 K.

More info on EHLP website. Here’s a pdf document with highlights of the program. The deadline is JULY 22, 2011!

Update 6/18/2011. Another renter has just contacted me about a craigslist fraud. Here’s an excerpt from the message:

Because this happens on a regular basis, I decided to bring up this post up from the archives for all renters out there:

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Posted 1/24/11.

Yesterday I received an email from a potential buyer. They had a question about a new home listing on Sharon Drive in Everett, WA.

They found the home listed FOR SALE on my website. My website shows virtually all homes listed on NorthWest MLS as I subscribe to their IDX service.

Interestingly, they’ve also found the property on craigslist listet FOR RENT! The question was is this Everett home for sale or for rent?

If you were looking for some commitment free :) way to check some houses for sale in Snohomish county (and more), here’s your chance. Make sure that you clear up your schedule this weekend.

The National Open House Weekend started in the state of Washington a few years ago.  Obviously, people in Washington liked the idea. It turned out to be such a success that the National Association of Realtors picked it up last year.

This year’s Open House even will take place this weekend, June 4-5 2011.

Washington Association of Realtors set a goal of 7,000 open houses! According to NWMLS, there are currently about 400 scheduled open houses in Snohomish county this weekend.

My recent sale of a HUD home in Everett, WA has just been recorded.

You can imagine how happy my buyers were when finally the front door of their home was opened for them. (They don’t give your buyer keys for homes purchased from HUD. You have to install your own lock right away).

While HUD paperwork is different from regular MLS forms, it wasn’t much of a problem. Now, after HUD revamped the way they sell homes, the bidding process seems to be even simplier and the paperwork appears to be more

When the economy went south a few years ago, quite a few people had to short sale their homes and look for a place to rent. It was the main concern due to damaged credit histories and other short sale consequences.

Now, a few years later, some of those who were among the first to negotiate a short sale, began to ask when they when they can buy.

That’s quite understandable. People got back on their feet, found good jobs… and the real market seems to be and the historical best, so why not cease the opportunity?

Below are the general rules for the waiting period after a Short Sale, Pre-Foreclosure sale, or Deed-in Lieu of Foreclosure: