It was written specifically for Seattle first-time home buyers in The Seattle real estate market is very competitive right now, as we head into Multiple offers are common, and homes are selling faster than the national average.
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Seattle first-time buyers should be prepared for a high level of competition. This imbalance in supply and demand continues to fuel multiple offers and drive prices upward. This is forcing home buyers to compete fiercely, especially for desirable properties in popular areas.
This is why market research is so important. And that brings us to tip 3 in the Seattle first-time home buyer survival guide…. Seattle first-time home buyers should have a pretty good sense of how much house they can buy within their budgets, before entering the market. This is the key to efficient house hunting. And efficiency is vital in a competitive real estate market like Seattle. Expanding your search to outlying areas could increase your buying power dramatically. Start by looking at recent sale prices on listing websites like Realtor.
Seattle First-Time Home Buyer Survival Guide, 12222
Next, create a basic home-buying budget to determine how much you can afford to pay each month in housing costs. This kind of research will save you time and energy, by allowing you to focus on the homes and locations you can actually afford. This helps you in several ways. Sellers will be more inclined to accept your offer if you have a pre-approval letter in hand, because it shows you have your financing arranged.
Just call , or send an email to loan sammtg.
Seattle first-time home buyers often enter the market with a long wish list of property features and amenities. But more often than not, compromise is necessary. In a competitive real estate market like Seattle, where inventory is tight, you might not get everything you want. Need a loan? Will you need a mortgage loan when buying a home in Seattle? Start your master maintenance plan and good home-keeping habits by setting reminders in your calendar to do these basic maintenance tasks:. Clean out the dryer hose and vent yearly.
Clogged ones burn down houses. And you don't know the last time the previous homeowner did it. Change your HVAC filters at least once a season. You'll save on heating and cooling — and your unit will last longer. While you're at it, go ahead and stock up on them, too. Clean your fridge coils at least once a year.
It'll run better and last longer.
- Home insurance.
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- Decoy (Ned Yorke).
- The Sinking of the Troopship Leopoldville, A personal survival story of PFC Keith Simons.
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Don't see any coils? Lucky you! Newer fridges often have coils insulated, so there's no need for annual cleaning. And if all items on your inspection report were not addressed, make a plan to fix them — before they become bigger and more expensive repairs. You really really don't want to be figuring any of this out in a real emergency. Do it now.
- Security & Safety.
- Piezotronics and Piezo-Phototronics (Microtechnology and MEMS).
- 1. Download Our Seattle Buyer’s Guide!
- The New Homeowner’s Survival Guide.
- Evaluate the local housing market.
- Survival Guide: 7 Tips to Deal with the Stress of Selling Your House.
- Power (The Vampire Oracle)!
- Vampire Sheikh (Mills & Boon Nocturne) (Immortal Sheikhs, Book 3).
- Home and living.
You'll sleep better and be less likely to ruin your home. Locate the main water shut-off valve.
Buying a Home in a Seller's Market, Your Survival Guide
Because busted pipes happen to almost every homeowner at least once. And water damage is value-busting and pricey to fix. List emergency contacts. You already know These are the other numbers you often need in an emergency.
You should have them posted where they're easy to see. In fact, here's a worksheet you can fill out and post. In case there's a dispute with your mortgage lender or a neighbor over property lines, or if you're a bit forgetful about due dates. Store copies the originals should be in a fireproof safe or safety deposit box of important home documents so they're readily available. Go paper, cloud, or better, yet, both. Skip to content. Change locks. Spares could be floating around anywhere.
Hide an extra key in a lockbox.