Down Payment Assistance and Closing Costs Program Available Through WSHFC

A great chance for home buyers to take advantage of a State program that provides an opportunity to get down payment assistance and closing costs at a great interest rate of 0% sand deferred up to 30 years. Don’t miss this opportunity, contact Tom to see how to take advantage today and enjoy what the state is dishing out.

Posted on September 29, 2014 at 3:12 am
Tom Fine | Category: Tom Fine's Blog | Tagged , , , , , , , , , , , , , , , , ,

Are you thinking of a new neighborhood to live in? Let’s talk about Wedgwood.

 

Seattle is so fortunate to have many great neighborhoods. It's all about what you are looking for?  Location close to Amazon, Broadway, Downtown, need to be North of town? Well there are others that are located in great areas, Ballard, West Seattle, Capitol Hill and on.  I am not here to talk about these but what about Wedgwood, that's how you spell it, with no "e" in it.  Wedgwood is located just North of Downtown Seattle and North of the University of Washington and East of I-5. Wedgwood has sidewalks and tree lined streets. 

Wedgwood was created right after WWII by a developer who built Cape Cod style homes in this area. The name Wedgwood came from the landowner’s wife who had china that was named "Wedgwood". This neighborhood consists mainly of the middle class America. There is dental clinics, hair salons, restaurants, you don't have to leave this area unless you wanted to. If you have a  craving for donuts, then you can go to Top Pot Donuts, or you can grab pizza at Fiddler’s Inn or Wedgewood Ale House & Cafe

If you would like to check out the Wedgwood Blog

It's a great place to take a drive to and check out this area. Go for a stroll and enjoy your afternoon and enjoy a great meal. You can't go wrong in or around Wedgwood, it's only a 15 minute drive to downtown.

Keep an eye out for more information about other neighborhoods.

 

Tom Fine, Broker

Windermere RE, Capitol Hill

Posted on January 31, 2014 at 12:42 am
Tom Fine | Category: Tom Fine's Blog | Tagged , , , , , , , , , , , , , , , , , , , ,

Properties For Sale, what I look for, are you looking at them the same way?

 

Every day I am looking at properties, for my clients (Buyers & Investors) all over town from Capitol Hill heading South thru Mt. Baker, Seward Park and then West to West Seattle and then NW, to Magnolia and Ballard.  Don't get me wrong; I hit a lot more neighborhoods besides these.  

What I saw and continue to see from some other Brokers is disappointing; these are listings that come on to the market and they are not prepared for the buyers. The sellers have one opportunity to make a first impression and when I walk up the house and grab onto a post to open a gate and the post is wobbly, I loose trust, then I say, well let’s see maybe that was overlooked.  Then I see other items that make me nervous and concerned. These are minor items such as cover plates missing off electrical devices and poorly executed finishes. These are items that should have been addressed prior to putting this home on the market.  Why?  If these are not an issue then these items don’t turn off people. 

As a professional I am coaching my clients on getting the best return for their investment and this means installing cover-plates on switches and receptacles, fixing a wiggly post for a fence and dealing with a heap fix to meet a code issue. Oh I forgot to mention, the house smelled! I work hard for my clients and my clients know that when I ask them to do something, they know it is in their best interest, not mine and for them to maximize their return, they do what makes sense. 

I can see that several items feel thru the cracks for this listing, and I don't know where it was but I am glad to say I am thoroughly disappointed in what I saw. I saw another property that was on the market for a while and I can say the pictures online look great!  The in person comments are, peeling paint and cracks in the walls. For a fixer upper, not a problem, but overpriced is what we see and this will attract the low ballers. 

 

Look at the listing as what the buyer will see, the “Buyers Eyes”. Remember if a buyer sees items that don't look good, they start thinking what else is wrong with the house?

 

Don’t let the buyer drive the price down, get the price up.

 

Let me know if I can help you.

 

Tom Fine

Windermere RE, Capitol Hill, Inc.

Posted on January 29, 2014 at 8:08 am
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17 Steps to Purchasing a Home

 

Here 17 Steps to purchasing a home. 

This list will prove guidance to understanding the steps to obtaining a home.

As any investment person would say, create a realistic budget and stick with it. This will give you a good perspective of what you can afford a month for a mortgage payment.

The realtor you have selected should be utilizing a process as shown below, will make finding your home a smooth process.

In each of the steps below there are details to understanding each of these steps

The 17 steps to home ownership

  1. Save money for down payment
  2. Select a Realtor
  3. Understanding financing methods
  4. Finding a lender
  5. Get Pre-Approved
  6. Determine your home search criteria
  7. Research and view homes
  8. Select a home
  9. Make an offer/negotiate, leave emotions out of it
  10. Sign a purchase and sale agreement
  11. Get inspections, Home inspection and any other inspections
  12. Apply for mortgage application
  13. Realtor/Broker will confirm a clean title
  14. Get home insurance
  15. Final walkthrough
  16. Closing, signing documents
  17. Documents recorded, keys are turned over to you

 

As with any part of the real estate process, if at any time you have any questions or concerns ask your realtor.  That is what they are there for, to provide you guidance that you can trust and believe in.

 

Do you have questions in the Seattle area, contact Tom Fine, tomfine@windermere.com or 206-434-6561

 

Tom's next blogs break down the 17 steps of purchasing a home.

 

Happy Home Hunting!

Posted on January 16, 2014 at 10:08 pm
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