Welcome to Sequim & Port Angeles Real Estate, a Division of eXp Realty (The 1st Web 3.0 Virtual Office)
11 Sep
If you’ve looked at homes for rent recently, you may have seen a couple of disasters out there. I had the occasion to see what the rental market looks like when I viewed a few homes for rent. What struck me was how grossly a landlord misrepresented two rentals in his newspaper advertisements.
One home was advertised as a nice home with a large yard. Realty check: the home is very old, not what you would think of as nice, and the yard was definitely not large. It is a tiny city lot. Another rental is advertised as nice with a fireplace and with three acres (and other glowing adjectives). It sounded wonderful. Realty check: the home is probably not inhabitable, or barely if it is. I was actually disgusted as I looked inside, and I wondered how anyone would ever want to rent this one. While I stood there, large logging trucks and other noisy traffic zoomed by no more than 30 or 40 feet from where I stood.
What was amazing is that the landlord boldy asked for very high rental rates. He could not have paid me enough to live in the second home. So who rents homes like this?
If you are looking for a rental, do your due diligence, and if you’re feeling brave, tell unreasonable landlords what you really think if they are trying to rent homes that may border on uninhabitable. Diplomatically.
Additional Resources for Rentals:
http://www.portangelesrentals.com/listings.html
http://www.portangeleslandmark.com/
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31 Jul
Many people in Sequim and Port Angeles are still renting when they could buy.
In many cases, the amount of money a renter spends on rent can be about the same as or less than the amount a homeowner spends on a mortgage. With the tax benefit for homeowners, the savings can be significant.
Buy vs. Rent Comparison
The chart below shows a cost comparison for a renter and a homeowner over a seven year period.
|
Years
|
Rent Payment
|
Mortgage Payment
|
Monthly Difference
|
After Tax Savings
|
Yearly Difference
|
After Tax Savings
|
| 1 | 800 | 1000 | -200 | -50 | -2400 | -600 |
| 2 | 840 | 1000 | -160 | -10 | -1920 | -120 |
| 3 | 882 | 1000 | -118 | +32 | -1416 | +384 |
| 4 | 926 | 1000 | -74 | +76 | -888 | +912 |
| 5 | 972 | 1000 | -28 | +122 | -336 | +1464 |
| 6 | 1021 | 1000 | +21 | +171 | +252 | +2052 |
| 7 | 1072 | 1000 | +72 | +222 | +864 | +2664 |
| 8-30 | Savings increase every year | |||||
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14 May
Sequim homes for rent and Port Angeles homes for rent: how to find a rental on the Internet.
There are four primary Internet resources that you can use to search for rental homes:
1. Action Properties (Rental Management Company)
2. Landmark (Rental Management Company)
3. The Peninsula Daily Homes for Rent
4. The Sequim Gazette Homes for Rent
Rent is higher in Sequim than in Port Angeles, just as home and land prices tend to be higher in Sequim.
Courtesy Sequim & Port Angeles Real Estate, LLC
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