Tuesday, July 8, 2025
Chuck Marunde, J.D., Sequim Buyer's Agent (833) 770-1365


iRealty Virtual Brokers


Buyer's Agent

Sequim Washington

SUBSCRIBE
  • Home
  • Buyer’s Agent
  • Who is Chuck Marunde?
  • Contact Us
  • Search Homes
Tetralogy
No Result
View All Result
  • Login
  • Register
  • Home
  • Buyer’s Agent
  • Who is Chuck Marunde?
  • Contact Us
  • Search Homes
No Result
View All Result
iRealty Virtual Brokers
No Result
View All Result
Home Sequim Real Estate

Buying Sequim Real Estate

Chuck Marunde by Chuck Marunde
September 19, 2019
Reading Time: 3 mins read
0 0
0

Buying Sequim real estate is a challenging process, and there are a number of traps for the unwary.  Your goal most likely includes finding your ideal retirement home, negotiating the best possible price, and negotiating the best terms.  Today I want to share something that is very important for buyers, something that will help you understand what may happen during the due diligence period.

Sequim Real Estate Inspections

The home inspection is very important, because the inspector’s job is to find any and all problems in the house or even potential problems.  The inspector will find out if there is standing water in the crawl space, and he will tell you if the composition shingles need to be replaced.  Of course, most homes will not have major issues of concern, but what if your home does?  What if the Sequim real estate you are buying has a problem that is fixable but would be expensive?  Will the seller reduce the price or will he pay for it? 

Sequim Real Estate Inspection Addendum

Here is the process.  In Washington you can include a Form 35 Home Inspection Addendum with your Purchase and Sale Agreement.  If the inspection indicates the composition shingles need replacing, for example, you can issue a Form 35R to the seller stating that you need an additional inspection by a roofing contractor.  When you get that estimate, you can make a decision on what to ask of the seller.  For example, if the roofing estimate for a complete shingle job is $12,000, you can ask the seller to pay for it, you can pay for it yourself, or you can ask the seller to split the cost with you.  This could be done with a credit against the purchase price or by a reduction in the purchase price.

Sequim Real Estate – The Seller Response

Negotiating the terms at this stage of your Sequim real estate purchase can get very dicey.  Look at this from the seller’s perspective.  He lists his “precious” home at $375,000, and after two price reductions and a year later, he agrees to sell it to you for $305,000.  You learn the roof needs new shingles at a cost of $12,000.  You feel the home is worth $305,000 with a good roof.  The seller feels he has already reduced the price of his home from $375,000, and by the time he agrees to sell you the home at $305,000, he feels like he is at the bottom, and while it may not be true, the seller often feels he is selling his home at a garage sale price.  So if you ask him to reduce the price by $12,000 to replace shingles, he may just go off on his agent.

Sequim Real Estate

I have 37 years negotiating these kinds of delicate situations. Each Sequim real estate transaction is unique, so how we handle your negotiation will depend on a number of variables, but it is absolutely critical that you handle this appropriately, or your plan to purchase your ideal Sequim real estate could come to an abrupt end.

Last Updated on September 19, 2019 by Chuck Marunde

Tags: negotiatingSequim Real Estate
ShareTweet
Chuck Marunde

Chuck Marunde

Chuck grew up in remote Alaska, graduated from the University of Alaska with a degree in Economics and Teacher Certification, and after teaching high school for two years, went to law school at Gonzaga University in Spokane, Washington. He served four years as a Captain and JAG in the USAF at Nellis AFB in Las Vegas. After practicing real estate law for 20 years in Washington, Chuck founded iRealty Virtual Brokers covering Sequim and the beautiful Olympic Peninsula. He is the author of 2,200 real estate articles and 60 books, and he produced over 100 real estate videos. Chuck combined his love for real estate and technology to create a massive Internet presence, and his articles and videos and books have been viewed by millions. Chuck is a well recognized real estate expert and his counsel is sought by other brokers and practicing attorneys around the country. Buyers from New York to Hawaii and from Florida to Alaska seek him out to retain him as their Sequim Buyer's Agent. 

Related Posts

Sequim CMA
Sequim Real Estate

Generate Your Own CMA (Comparative Market Analysis)

June 22, 2025
35
NWMLS vs OLS
Sequim MLS

NWMLS vs OLS in Sequim

July 14, 2024
192
Selling a Home, Buying a Home, Transitioning: Expert Tips for a Smooth Process
Sequim Real Estate

Selling a Home, Buying a Home, Transitioning: Expert Tips for a Smooth Process

June 6, 2024
56
Sequim Real Estate Community
Sequim Real Estate

Sequim Real Estate Community Now Live

May 26, 2024
37
bricks and mortar
Sequim Real Estate

Buyers Are Demanding Changes in the Real Estate Industry

August 27, 2022
55
Marunde-Books
Sequim Real Estate

Marunde Books: I’m Having Far Too Much Fun Here

August 15, 2022
16
Next Post

Should I Write a Backup Offer if My Home is Already Sold and Pending?

Short Sale Agent: SS Approval or Rejection

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Search 2,200 Articles by Category

Read Most Commented Articles

  • Trending
  • Comments
  • Latest
Buyer and Seller

What if a Buyer and Seller Talk to Each Other?

August 5, 2022
The Sequim Blue Hole

The Sequim Blue Hole – A Map of Rainfall

December 5, 2023
Dangers of Buying a Fannie Mae Foreclosure Through Homepath

Dangers of Buying a Fannie Mae Foreclosure Through Homepath

June 12, 2014
Prorate Propane

How to Prorate Propane at Closing

August 15, 2015
10 Best Places to Retire

Why is Sequim One Of The 10 Best Places To Retire?

September 22, 2019
Home Inspection

The Home Inspection and the Form 35R Inspection Response

January 8, 2013
Port Townsend Stinks

Why Does Port Townsend Stink?

April 16, 2019

FedEx Signature Waiver

September 21, 2012
Buyer and Seller

What if a Buyer and Seller Talk to Each Other?

47
print newspapers

Print Newspapers Losing Readers to the Internet

42
FNMA Killing Transactions by Requiring Private Road Maintenance Agreements

FNMA Killing Transactions by Requiring Private Road Maintenance Agreements

31
real estate documents

What Documents Does a Buyer Need to Buy Real Estate?

24
Hollywood movies in Port Angeles

Hollywood Movies Filmed in Port Angeles

21
roller skates, rollerblades, roll skates

Composite Decking by Home Inspector Tyler Conkle

20
Sequim Wells

Community Well Agreements

19
Sunland Golf Course

Is the Sequim Sunland Golf Course Going Bankrupt?

17
Sequim Electric Bill Calculator

Estimated Monthly Electric Bill Calculator in Sequim

June 8, 2025
Sequim CMA

Generate Your Own CMA (Comparative Market Analysis)

June 22, 2025
Find upcoming open houses n Sequim

Find All Upcoming Open Houses in Sequim

June 7, 2025
Are Home Prices Going Down?

Search Videos on The Real Estate Market and Where Prices Are Going

June 5, 2025
Sequim Electric Bill

How Much is a Sequim Electric Bill? How Much is Electricity?

June 3, 2025
Chuck Marunde and Sabrina Marunde

Living in Sequim is Wonderful

April 5, 2025
Safest Place to Live

The Safest Place to Live: Survival Preparation

July 11, 2024
Best Place to Retire

Best Place to Retire: Florida or Sequim Washington?

June 29, 2024

Popular Stories

  • Buyer and Seller

    What if a Buyer and Seller Talk to Each Other?

    0 shares
    Share 0 Tweet 0
  • The Sequim Blue Hole – A Map of Rainfall

    0 shares
    Share 0 Tweet 0
  • Dangers of Buying a Fannie Mae Foreclosure Through Homepath

    0 shares
    Share 0 Tweet 0
  • How to Prorate Propane at Closing

    0 shares
    Share 0 Tweet 0
  • Why is Sequim One Of The 10 Best Places To Retire?

    0 shares
    Share 0 Tweet 0

"I wish I read this before selling my
home. I could have saved $50,000." Andy 

Leaving Comments   I hope you’ll join our community and leave comments from time to time. Please realize that comments, if approved, will be public, so do not use any personal information you don’t want broadcast to the world, and definitely don’t leave a phone number. Comments are not the place to ask Chuck Marunde for help in finding a home. To do that, call or text Chuck.

Neither Chuck Marunde nor iRealty Virtual Brokers offers legal advice on this site. Please Read Our Legal Disclaimer

If you’d like to view how we protect your privacy, see our Privacy Policy.

iRealty Virtual Brokers

iRealty Virtual Brokers reaches out to buyers around the United States with thousands of online articles, MLS sites, apps, real estate books, videos, and much more specifically to help buyers find all the answers to their questions.

iRealty Virtual Brokers
125 Olympic Ranch Ln
Sequim, Washington 98382
Text: (833) 770-1365

Search the MLS in Washington State:

Sequim MLS Map Search

The largest independent real estate blog in the State of Washington with over 2,200 articles totally focused on our client’s best interest, their needs and their curiosity. All free and 100% reliable. I’m here if you need me, 

© 2006-2024 iRealty Virtual Brokers and Chuck Marunde

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Buyer’s Agent
  • Who is Chuck Marunde?
  • Contact Us
  • Search Homes
  • Login
  • Sign Up

© 2006-2024 iRealty Virtual Brokers and Chuck Marunde

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.