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Jeff Clancy,ASR,SRS,ABR,E-Pro Gig Harbor, Wa

Working for a Real Estate office about to go under?

This is something no agent wants to think about since all Signs, Cards, Phone Numbers, and most Marketing Materials are connected to the office you work for. This can add up to thousands of dollars for some agents. Starting over in this market can be a career ending move if you make the wrong choice. The Reality is, when business was booming new offices were popping up everywhere to support the surge in real estate agents. In today's market sales have decreased over 50% in some areas which now will lead to office closures and less agents. Do you know the financial shape of your office?

How does this affect your clients?

Can you imagine the stress and lack of confidence this may cause your clients? Will they consider you a victim or part of the problem? Let's face it, when we choose a company to hang our license with, we are part of that company and we share the reputation of that company. If that office closes who will contact the clients? Something to think about since all the office listings belong to your Broker. Or should I say Ex-Broker?

Consider a career with Keller Williams Realty in Gig Harbor

If you're a Realtor in Gig Harbor, Washington and you are considering a move because of an office closure or maybe you just want to personally brand and grow your business, you should contact me. Keller Williams Realty will provide unparalleled support, teamwork, coaching, and a unique culture. Did I mention that Keller Williams Realty has offices in 50 states? Did I mention the online university, marketing materials, Agent Leadership Council, or profit sharing?

Jeff Clancy Keller Williams RealtyJeff Clancy, Realtor, ASR, ABR, SRS, E-Pro http://JeffClancy.com

Keller Williams Realty

Just Because it's REO that doesn't make it a good deal!

Just because it's REO that doesn't make it a good deal!

When it comes to buying a REO (Bank Owned Property) experience has shown in most cases the asset manager has never seen the property and has very little information about the home. Usually the only information they have is from a Realtor's BPO (Broker Price opinion) which includes some pictures and a vague condition report. Remember the asset manager is not in the business of helping people buy homes. They are in the business of liquidating inventory at the highest possible price. Some buyers have the perception that REO Properties are always a good deal. In some cases this is correct, but in others it has turned into a buyer's nightmare.
Here are a few free tips for the REO Buyer Gig Harbor Real Estate Buyers Agent

Work with an accredited buyer's agent that has experience with Bank Repossessions. The Realtor you choose can determine the outcome of your purchase. The listing agent works for the seller and is under no obligation to represent you in this transaction. Before you sign any document, be sure the property you are considering is free of all encumbrances. As part of their services, a Realtor can supply you with a copy of the title to ensure there are no liens, debts, undisclosed owners, leases or easements. Be prepared to buy! Don't submit an incomplete offer. Have all documentation needed to support your offer such as Lender Approval, Seller Disclosures, Legal description, and even a repair estimate if property has visible issues. REO Properties usually have one thing in common. Repairs are needed! It makes sense that people don't spend money on a house that is close to foreclosure, but it's also common for people in this market to have never considered the cost of maintaining a home from the beginning. Get an inspection from a licensed inspector that can also detect pest and termite infestation. Don't expect a disclosure from the Seller regarding any defects especially since most banks only do patch work repairs in order to get the home sold.

What do you need and want in a home?

Sounds simple, yet, clearly identifying your needs and bringing an objective view to home shopping, leaves you in a better position. Sometimes, home buyers buy a home that is too large or too small just because the price is right. Perhaps they didn't consider the drive to work, the distance to school, or the many repair jobs waiting for completion. Plan ahead. Use your needs list as a guideline for every home you view. Shopping for a new home is an emotional experience. It's also time consuming and comes with a myriad of details. Some buyers, however, caught up in the excitement of buying a new home tend to overlook some items. Their home purchase turns into an expensive process. If you have a systematic plan before you shop, you'll be sure to avoid these costly errors when you purchase a REO.

Where do I Start?

If your looking to Buy or Sell Real Estate in Tacoma, Gig Harbor, Port Orchard or the surrounding area's call me to get started. Jeff Clancy is a Washington State Licensed Realtor specializing in Residential, Waterfront, Land, and Manufactured Homes. I have been in the housing industry over 12 years and have worked with bank reposessions over 10 years. My experience is your advantage! http://JeffClancy.com

Gig harbor Realtor Jeff Clancy
Jeff Clancy, 253-720-7588
Realtor, ASR, ABR, SRS, E-Pro
Keller Williams Realty
11515 Burnham DR NW #A
Gig Harbor, Wa 98332

Manufactured Home Financing Anyone?

Manufactured Homes especially have not faired well this downturn. Let me be more specific. Can you finance a 1987 Manufactured Home on 11 Acres with no foundation or tie downs for 225k? Do you know anyone who can? The land and garage are worth 225k but tell me of a loan available for even a B+ Borrower? Two years ago the banks never even questioned this kind of deal because when our client bought this property (through another agent) it was closed in 30 days with no inspection.

Not this time folks...Two years later our clients are moving up and trying to make someone a great deal by selling the place for the land value, only to have it come back with new work orders each time. Looks like this home could become an unwanted rental until the seller can't afford an alternate housing replacement. The Manufactured Homes are a good Square footage for the price and affordable in my opinion. We need this kind of housing and loans should be available for the Thousands of manufactured Home Owners.
If your a Washington State Lender(Prefer Gig Harbor or the Kitsap Peninsula) and you have financing available... let me know...I'll pass it on to our clients and others in the future.
If you own a Manufactured Home in Pierce or Kitsap County and it hasn't sold because of financing let me know... maybe I'll have an alternative for you by then.

Contact me at http://ManufacturedHomeOwner.com

Jeff Clancy
Keller Williams Realty
253-720-7588
http://JeffClancy.com

9907 435th st ct e Eatonville, Wa 98042

Bank Owned Home on 5.0 Acres with plenty of potential for a great investment. Just over two miles from town in a great neighborhood. priced below assessed value at $160,000. This is a 1996 manufactured Home 1782 Square foot. 3 bedroom 2 Bath. Plenty of room for a garage or barn. RV parking. Shed on property. Well water, septic system.

$SOLD******

How do I contact Gig Harbor City officials? How about Email!

Do you know who the Gig Harbor City officials are? Do you want to know how to contact them?

I thought I would put together a list of the City Officials on this blog since sometimes they can be hard to get in touch with on the phone. These are the current officials and email addresses as of 02/29/08. Most of this information is posted in the Gig Harbor Quarterly Newsletter

Mayor Chuck Hunter hunterc@cityofgigharbor.net

councilman Steve ekberg steve@pheinsurance.com

councilman Jim Franich fanichj@cityofgigharbor.net

councilman Paul Kadzik kadzikp@cityofgighabor.net

councilman Ken Malich Malichk@cityofgigharbor.net

councilman Tim payne Paynet@cityofgigharbor.net

councilman Derek Yung youngd@cityofgigharbor.net

How about some contact information for:

City Administrator Rob Karlinsey 253-851-6127

Chief of Police Mike Davis 253-853-2420

Marketing Director Laureen Lund 253-853-3554

Finance Director Dave Rodenbach 253-853-7610

City Clerk Molly Towslee 253-853-7613

Court Administrator Paul Nelson 253-853-7639

Visitor Information Center www.gigharborguide.com 253-857-4842

How about Buying or Selling your home in gig Harbor? Contact Jeff Clancy with Keller Williams Realty for professional Real Estate Services.

253-720-7588 or email Clancy@Kw.com or visit his website http://www.JeffClancy.com