Author Archives: John Wahl
Plat Sales and Inventory for March 2009
The chart below shows the market areas in Snohomish County and the number of plats with the sales over the last 12 months.
With 5,695 lots and homes to sell at an average of 118.65 sales per month we have a [...]
Posted in Snohomish County Real Estate Market Updates Tagged plat sales, snohomish county 3 Comments
Subprime housing meltdown
As the lending industry continues to implode frustrations between buyers and sellers are on the rise. With the collapse of the Subprime market shockwaves flow through the industry. Subprime loans were made and packaged into groups and then were rated [...]
Escrow Issues When Clearing Title
When Escrow proceeds to close a sale transaction or do a refinance the title issues must be cleared up prior to closing the sale or putting a new loan in place. They do this by reading the title report and [...]
First Time Home Buyer Tips
We all want our own place. We want to be able put a nail in the wall wherever we please or just paint something a color we choose and possibly tear out the grass and plant our own garden.
When you [...]
Road Maintenance Agreements
A road maintenance agreement is usually a good thing to have in place if you share a common access with one or more properties. Sometimes the only access to some properties is on a private easement road from a public [...]
Real Estate Slow Down Hits Local Builders!
The real estate market started to slowdown in the summer of 2006 and then even more so in the spring of 2007 when the sub-prime lenders crumbled. The media is reporting all of the national news and our local market [...]
What is Escrow?
Escrow is a neutral disinterested party who holds and disburses the party’s funds and prepares the loan and HUD documents and transfers the ownership of the property in accordance with written instructions and the terms spelled out in the purchase [...]
How to Read A Tax ID # in Snohomish Cou
The tax parcel number identifies a parcel just kind of like your social security number identifies you. The assessor is the one who assigns the tax ID number to the property and when an additional segregation is done on a [...]
What is title insurance?
Title Insurance is a one time policy that protects the new buyer and the lender against any claims against the title. A search of the public records is conducted to see what is recorded against the title. Some of the [...]
Homeowner’s Associations; Are they for you?