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Home buying

Home buying class – Rent vs Buy Video

[post_video] This video is a short excerpt from our class, Real Estate Fundamentals: Buying your first home. This particular class was taught in November of 2015. In this section of the class we discussed how to compare the financial aspects of renting vs buying. If you would like some help finding online calculators and wizards…

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Rent vs Buy templates and calculators

In our Home Buyer classes, one of the things we discuss is the decision to Rent vs. Buy. There are lots of things that go into that decision, and not all the issues are financial. But, there is a financial aspect and one thing to look at is if renting is a better deal financially…

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NWMLS residential market update for April 2015

Pent-up demand triggering record pace of home sales around Western Washington The Northwest MLS (NWMLS) released a market update summary and statistics for March of 2015 earlier this week. Here is a quick excerpt from the report: Northwest Multiple Listing Service members notched a record high level of pending sales during April, surpassing the year-ago…

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Its a new year, time to check your credit report

The new year is a great time to check your credit report if you haven’t done so recently. And, there are now more free ways to track your credit than ever. Government mandated website for requesting your credit report The first way to check your credit report is one we’ve recommended for a long time.  Simply…

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NWMLS releases year end summary for 2014

The Northwest MLS has released its annual summary for 2014.  Here is a quick excerpt: Despite tight inventory, Northwest MLS brokers complete more than 77,000 sales valued at nearly $28 billion during 2014 KIRKLAND, Wash. (Jan. 22, 2015) – Members of Northwest Multiple Listing Service reported 77,276 closed sales during 2014 to outgain the prior…

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NWMLS releases year-end results for 2013

The Northwest MLS (NWMLS – http://www.nwmls.com) released year end results for 2013 recently. The NWMLS is the local residential MLS and sales are primarily single family homes and condos. It should come as no surprise the 2013 handily beat 2012 for sales, both in number of closed transaction and dollar amount.  There were 11,000+ closed transactions (a 17% increase) valued at…

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A quick overview of common real estate agency scenarios

Agency and dual agency are incredibly challenging issues in real estate. They are, I think, very hard to explain clearly. More importantly, they are areas that can be hard for some brokers to handle ethically and legally, especially when you are talking about dual agency. This can be true for the most honest and ethical…

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