Photos from Dan Edwards, REALTOR® Your NW Home reSource.™
Sunset on Sammamish...enjoy! This was taken from the house currently for sale!!!Located in: Sammamish, WA
Many of my home sellers have asked me what expenses will be incurred in the sale of their property. I can answer that question pretty quickly. Commission, Excise tax (1.78% in Washington State,) Title and half of Escrow fee. All of this seems pretty clear but I always notice a bit of confusion appear at the mention of Title Insurance. I explain that this is required to ensure you have right and ability to sell the home. Again I am met with confusion. I asked Lisa Privette my Title Rep for Commonwealth to give me some examples that I can share with you more about how and why title insurance is necessary. Here is a quick story of how no two title companies are the same
"Recently, we had a situation where the buyers went in to sign in escrow and discovered that a judgment had been put on the title a month prior. In order to close, everything on the title must be cleared. The buyer was unable to gain control of the property on that day. This was caused by the seller's agent not choosing Commonwealth for title. Originally title was opened by another title company but when it comes to closing the transaction Commonwealth was title company working the escrow. We had not received notice of the judgment. If the title had started through us, this would not have happened. We have what is known as a "fall-out" plant. What that means is that once title is opened with us, we continue to research it until it is closed. The title may be clear when it is first opened but if something shows up on the title, Commonwealth will find the new judgment or lien and notify the agent immediately. The agent then works with the seller to clear that off so they can have a smooth closing. The lesson to be learned here is that it is very important to make sure you know that the title company you are working with is a "fall-out" plant and continues researching your title. It is important to talk to your agent to ensure that they are looking out for you and being consistent with their title company. I may determine if you are able to either give or get keys on your scheduled closing date." - Lisa Privette
I have a great relationship with Commonwealth, they are professionals at all they do. All my sellers enjoy the security of knowing they will be able to get their moneys worth when it comes to the cost of purchasing a title insurance policy.
Opportunity Knocks
It seems that there may be a little something extra in my stocking this year, as the good news starts to show. Last Sunday's Seattle Times started my Christmas cheer by declaring that, "Opportunity Knocks!" With plenty of inventory and mortgage rates low Ron Lieber summates "Five or ten years from now.....we will look in the rearview mirror and realize that we missed a golden age for first time home buyers." The sugar plums are dancing in my head! I have always felt that buying a home shouldn't be attached to market ups and downs. The buying process is one that is about the home, not the investment potential.
However, with all that is happened this year, the Seattle area real estate future looks great. This was echoed in Forbes.com recent article titled "America's Best Long-Term Real Estate Bets". It discusses how more stringent building restrictions and better growth management plans prevents the market for overbuilding in boom times. I am not a betting man, and I like the term "long-term". I believe it is important for buyers to have a plan, save for a down payment, and don't buy a home that will stretch your budget. In addition, In Rhonda recent post at the MortgagePorter.com Rhonda outlines the feds actions and how they will effect long term interest rates. Right now we are seeing 4.875% rates on 30 year fixed! Ho Ho Ho!
| Kirkland, WA Home market statistics - Residential | ||||||
| 2- Bedrooms | 3 Bedrooms | 4 Bedrooms | 5+ Bedrooms | All Bedrooms | ||
| Active | ||||||
| #Units | 40 | 228 | 268 | 87 | 623 | |
| Average List Price | $889,956 | $869,305 | $1,045,947 | $1,455,349 | $1,028,457 | |
| Average Market Time | 112 | 83 | 109 | 134 | 103 | |
| Average Square Feet | 1726 | 2205 | 3050 | 3939 | 2780 | |
| All Off Market | ||||||
| #Units | 2 | 28 | 30 | 5 | 65 | |
| Pending | ||||||
| #Units | 1 | 9 | 9 | 2 | 21 | |
| Average List Price | $380,000 | $548,655 | $669,400 | $3,723,500 | $894,738 | |
| Average Market Time | 25 | 73 | 53 | 111 | 66 | |
| Average Square Feet | 0 | 1752 | 2544 | 6040 | 2416 | |
| Sold | ||||||
| #Units | 1 | 19 | 21 | 3 | 44 | |
| Dollar Value | $460,000 | $10,724,900 | $16,851,683 | $2,188,500 | $30,225,083 | |
| Average List Price | $488,000 | $583,549 | $826,828 | $739,667 | $708,133 | |
| Average Sold Price | $460,000 | $564,468 | $802,461 | $729,500 | $686,934 | |
| Average Market Time | 38 | 61 | 40 | 92 | 53 | |
| Average Square Feet | 1550 | 2014 | 2634 | 2983 | 2366 | |
| % of List Price | 94.26 | 96.73 | 97.05 | 98.63 | 97.01 | |
How does your home stack up? Click for a FREE Market Snapshot!
| Redmond, WA home sale statistics -Residential | ||||||
| 2- Bedrooms | 3 Bedrooms | 4 Bedrooms | 5+ Bedrooms | All Bedrooms | ||
| Active | ||||||
| #Units | 70 | 153 | 237 | 74 | 534 | |
| Average List Price | $616,475 | $580,576 | $937,810 | $1,247,940 | $836,311 | |
| Average Market Time | 121 | 88 | 94 | 105 | 97 | |
| Average Square Feet | 1654 | 1997 | 3275 | 4281 | 2835 | |
| All Off Market | ||||||
| #Units | 7 | 41 | 48 | 12 | 108 | |
| Pending | ||||||
| #Units | 1 | 17 | 18 | 5 | 41 | |
| Average List Price | $434,950 | $483,468 | $715,332 | $767,970 | $618,774 | |
| Average Market Time | 0 | 41 | 92 | 94 | 69 | |
| Average Square Feet | 1247 | 1970 | 3283 | 3260 | 2686 | |
| Sold | ||||||
| #Units | 6 | 24 | 30 | 7 | 67 | |
| Dollar Value | $3,489,800 | $12,831,850 | $22,616,570 | $4,766,000 | $43,704,220 | |
| Average List Price | $592,457 | $547,859 | $780,181 | $707,343 | $672,540 | |
| Average Sold Price | $581,633 | $534,660 | $753,886 | $680,857 | $652,302 | |
| Average Market Time | 102 | 47 | 72 | 71 | 66 | |
| Average Square Feet | 1646 | 1968 | 2992 | 2838 | 2489 | |
| % of List Price | 98.17 | 97.59 | 96.63 | 96.26 | 96.99 | |
How does your home stack up? Click for a FREE Market Snapshot!
| Sammamish, WA home sale statistics -Residential | ||||||
| 2- Bedrooms | 3 Bedrooms | 4 Bedrooms | 5+ Bedrooms | All Bedrooms | ||
| Active | ||||||
| #Units | 10 | 99 | 208 | 47 | 364 | |
| Average List Price | $666,695 | $689,928 | $905,802 | $1,262,122 | $886,529 | |
| Average Market Time | 168 | 95 | 102 | 102 | 102 | |
| Average Square Feet | 1150 | 2172 | 3202 | 4375 | 3017 | |
| All Off Market | ||||||
| #Units | 0 | 20 | 54 | 7 | 81 | |
| Pending | ||||||
| #Units | 0 | 12 | 17 | 1 | 30 | |
| Average List Price | $0 | $546,829 | $809,176 | $1,499,000 | $727,232 | |
| Average Market Time | 0 | 85 | 88 | 130 | 88 | |
| Average Square Feet | 0 | 1974 | 3228 | 4610 | 2772 | |
| Sold | ||||||
| #Units | 0 | 8 | 37 | 6 | 51 | |
| Dollar Value | $0 | $4,681,700 | $29,174,800 | $4,451,000 | $38,307,500 | |
| Average List Price | $0 | $600,688 | $812,504 | $766,642 | $773,883 | |
| Average Sold Price | $0 | $585,213 | $788,508 | $741,833 | $751,127 | |
| Average Market Time | 0 | 42 | 72 | 82 | 69 | |
| Average Square Feet | 0 | 1875 | 3013 | 3264 | 2864 | |
| % of List Price | 0.00 | 97.42 | 97.05 | 96.76 | 97.06 | |
How does your home stack up? Click for a FREE Market Snapshot!
 |
|
|
I am a real estate professional born and raised in the Pacific Northwest. I serve clients in the Issaquah, Sammamish, Bellevue, Redmond, and beyond. My commitment is to my clients needs!
As a comprehensive Real Estate Professional, I am committed to quality and excellence in all I do. I work my business 100% through referrals and my years of experience as a small business owner translate into my very focused attention to my client's needs for active listening, pinpoint expertise and timely scheduling.
As a Realtor® with Northstone Real Estate, Inc. I have been honored to receive The President's Award for Service in 2006 and 2007 as the top performing agent in our office.
At Northstone Real Estate, Inc. we listen to our clients, not simply fitting them into a marketplace array of choices but rather moving along side them and focusing on their expressed dreams and visions.
I love providing this in-depth service and detailed planning for all of my clients and I enjoy working with both buyers and sellers, whether they are first timers, move up buyers or investor clients. I make thoughtful, concerted efforts to continually improve the level of service I provide to my clients like you because in my business the most profound acknowledgement I gain is your respect and your trust.
I absolutely love working with referrals because the opportunities I've been provided by working through great referrals have become my most enjoyable and rewarding experiences in this business.
You can be sure, as you choose to come and work along side me here at Northstone, that I'm committed to providing you with such a superbly high level of service that you will be proud to tell your friends and associates about me and about my business.
My wife Lisa and I have been married for 9 terrific years and we are proud parents of our 6 yr. old daughter Kailyn and our 4 yr. old son Hayden. Being born and raised in the Northwest, I love being active in the outdoors, whether hiking, rock climbing, skiing, kayaking and boating. Very often our entire family can be found together enjoying the beauty and variety of the great Northwest outdoors! Additionally, I am involved with Toastmasters where I am President and I enjoy volunteering with the middle school youth at my church.
Committed to excellence, I look forward to the opportunity to serve you.
my skills and ways of doing business. In addition, I've found that the latest technologies are enabling me to do everything I've always done, only much more quickly and efficiently. They've also helped me to extend the range of services I provide to my clients.
So when you decide that you'd like to buy or sell a home in the Puget Sound Area, please contact me.
Use this section to write about your specific areas of expertise. Do you specialize in first time buyers - listing high end homes - etc. Are there specific market area's that you specialize in? The more you write about your area's of expertise the more knowledgeable you'll sound to a potential buyer or seller.
"Dan went above and beyond while helping my family shop, select, finalize a home from a long distance away. When we finally narrowed our choices down, he spent Mothers Day weekend with us when we flew out for a marathon tour of over 25 homes. Dan helped us with the closing process from a distance as well, proxying for us where necessary. And finally, went the extra step of opening the house for us and directing the movers to where things go as we where still enroute. A professional all the way."
-Keith S.
**********************************************************
"Top Qualities: Great Results, Personable, High Integrity."
-Nick T.
**********************************************************
"Dan is a personable, detail orientated, on task, and most importantly, a trustworthy person who runs his Real Estate business with utmost integrity. He is always willing to lend himself out to go the exta mile and makes it his number one priority to establish a great relationship with each individual he works with. With out a doubt, he is trustworthy realtor that gives 100+% effort to make sure each individual he works with has a pleasant and effective selling/buying experience."
-Grant M.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
