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The Shoreline real estate market has changed a lot over the last few years. This has made it more challenging to sell homes quickly leaving homeowners frustrated.
Selling a house is made harder by the fact that it is not a liquid investment like stocks.
Below are some situations that demand a fast sale of property.
This situation occurs when there is stiff competition in the market and a variation of prices, giving the buyers many options.
You may be having trouble meeting your monthly repayment obligations and need to sell your home quickly.
If you are declared bankrupt, you may want to sell your property to resolve some of the financial issues you are facing.
A deceased relative may leave you their home as an inheritance. This may prompt you to want to sell/dispose of it if you do not need another house.
A job transfer to a different town could lead you to sell your current property and buy another one elsewhere.
A divorce case may require you to split your assets with your spouse. This could include selling your (Your City) property for a more accurate division between the two of you.
An idle home yields no value to you and you may want to sell it off for the financial benefits.
No matter what situation you are in, a qualified real estate agent can help you sell off your Shoreline real estate property safely and profitably.
This blog is courtesy of Adrian Willanger at Coldwell Banker Danforth & Associates 206 909-7536 helping people buy and sale homes in the Greater Seattle area.
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Buying Your First Shoreline Home Co-Buying Options Part 1
If you are having a hard time scraping together the money required to make a down payment on your first Shoreline home purchase you do have an option that you may not have considered before. Have you ever thought about co-purchasing a home with one of your close friends or relatives? This may be the solution that you need to start investing your money into Shoreline real estate.
A lot of people overlook this option since it is quite a jump to take on a business relationship with a friend or member of your family. Also, this kind of endeavor must only be made with a trustworthy person. Anyone that has not yet reached this level within your trust group should not be used for this type of arrangement since many friendships have been ruined when business becomes a part of the relationship.
Once a verbal agreement has been made it will need to be transformed into a legal one. It is advisable to use a real estate attorney that has drafted up this sort of agreement before.
A lawyer that has experience in co-ownership agreements has seen the kinds of potential problems that can come up in the future. While all may seem promising during the first discussions, things can become heated later on and can cause this type of ownership to turn into chaos. For example, if anything is not fully understood between the two parties involved it can create confusion down the road. When everything is in writing, however, these are easily cleared up to everyone's satisfaction.
Think about the possibility of investing in your first Shoreline home with someone else if you are short on a down payment and don’t want to wait any longer to get started. It really is a lucrative option that can get you towards home ownership much sooner.
To find that perfect property for sale contact Adrian Willanger at Coldwell Banker Danforth & Associates 206 909-7536.
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The Highlands neighborhood, just North of Seattle on the Puget Sound, is a highly-regarded, but not well-known neighborhood to the average Seattle citizen. This gated community resides just between the Seattle Golf Club and the waterfront, with just two entrances to the 100 home enclave. Home sales in the Highlands normally don't show up in MLS records, as many sales are intra-family, off-market sales, or long-expired listings, since luxury homes often take a year or two to sell.

While the prices of homes in this neighborhood are certainly exclusive (minimum $1.5 million, with many homes over $5 million), there is no air of flashiness or McMansion architecture. Most lots in the Highlands are around two acres, and the homes, built anywhere from 1900 to today, are mostly historic colonials, tudors, and the like, with a variety of contemporaries mixed in. The windy, wooded streets and long, private driveways allow each home owner to create their own vision for their estate without a neighbor's home towering in view. While there are a few "waterfront homes" on the high banks of the Sound, there is a railroad line running along the shore and the rail company owns the rights to the actual waterfront. Some owners do have tideland rights, and many have spectacular water views of the Sound and the Olympic Mountains.
As you reach the round-the-clock security gate off N 145th St just West of Greenwood Ave, you pass the Seattle Golf Club, a totally separate entity, that is highly-utilized by residents of the Highlands. Your GPS probably won't help you find a home's address, as the neighborhood has its own numbering system for its private roads. Most homes have a placard with the owner's last name next to the drive, since privacy is less of an issue in this private setting. Addresses are listed as The Highlands, Seattle WA 98177 and Shoreline WA 98177.
The Highlands functions much like its own city. Once an unincorporated suburb of Seattle, it later became part of Shoreline, which was incorporated in 1995. It was first platted in the 1890s, and much of the home building began in the 1920s. The Highlands has it has its own water source, street maintenance, and grounds keepers. Seattle City Light has a utility easement for the electrical service, but nearly all other functions are covered by the Highlands residents.

There is a homeowner's association in the Highlands that covers capital projects, security, and regular maintenance. Owners are assessed homeowners dues in a two-part valuation, with roughly one half as an equal member in the community, and the other half based on their lot size. There is a chapel, a preschool, tennis courts, and a pool. All real estate purchases must go before a Review Board and are subject to a sizable move-in fee.
Many famous Seattle residents are associated with the Highlands, including the Olmsted Brothers who designed the neighborhood. Boeing, Stimson, McGavick and Nordstrom are just some of the names of families who lived or built homes in the Highlands.
The Highlands is the ultimate in luxury Seattle real estate for privacy, upscale living, and a traditional, historic feel. Just having a chance to drive through this neighborhood allows one to experience a great piece of Seattle history that has been seen by only a small slice of the local population.
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.
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