Blog by Susanne Stauffer and Erin Goodwin

Escrow Companies Feel the Heat

May 16th, 2008

Everyone knows that the closing costs in a real estate transaction can add up quickly. If you are the seller you pay excise tax (1.78% ), agent commission (typically 6%), and title and escrow fees which vary from company to company. For example, if you were to sell a $600,000 property you can expect to pay somewhere around $49,000 in closing fees!!! If you are purchasing a $600,000 property ...

Escrow Companies Feel the Heat

May 16th, 2008

Everyone knows that the closing costs in a real estate transaction can add up quickly. If you are the seller you pay excise tax (1.78% ), agent commission (typically 6%), and title and escrow fees which vary from company to company. For example, if you were to sell a $600,000 property you can expect to pay somewhere around $49,000 in closing fees!!! If you are purchasing a $600,000 property ...

Recession Proof Cites

May 14th, 2008

If you have a yahoo account and check your email regularly you might have seen the top story yesterday from Forbes.com. It was about America 's Recession Proof Cities. Forbes crunched numbers by looking at unemployment data, job growth for non farm payrolls including, construction, education, health services, information, financial activities, leisure and hospitality, and others. They then co ...

Tips for this real estate market

May 13th, 2008

With all the hoopla in the news and on the web about homes increasing and decreasing in price, we though… it is time to be honest, no one know when the bubble will pop or how far down prices can go. What we do know is that depending on your block (literally your block) homes are varying quite a bit. It is important to have a good current market analysis on any home you are planning to purchas ...

Lending Changes

May 5th, 2008

Did you know that Cinco de Mayo is often mistakenly thought of as Mexican Independence Day? Mexican Independence Day is actually September 16th. Cinco de Mayo commemorates the victory of the Mexican militia over the French army at the Battle of Puebla in 1862.

Today Susanne and Erin met with Salmon Bay Lending again to get an update on the new mortage market. Here it is:

  • You must no ...

Ballard Development…. Cottages Anyone?

May 2nd, 2008

Last week while celebrating one of my closest friends birthdays over dinner, the conversation turned to real estate. This happens often although I may just be overly aware having this be my profession. Any how we were discussing development in Ballard. We all agreed that high density living is the way to go, (The build up and not out theory) but we also felt as though the looks of enormous co ...

Does Personality Matter?

May 1st, 2008

Deciding which agent to work with when selling or buying property is a big decision. How much emphasis should you put on experience, personality, market knowledge, etc.? We know Realtors that pitch the, 'you don't have to like me to know I am going to sell your home for the best possible price'. We also know agents that are very knowledgeable about current market trends but completely lack so ...