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Homes and Land in Sunny Sequim, Washington

Homes and Land in Sunny Sequim, Washington

Sequim's No.1 Buyer's Agent Where Knowledge & Experience Count.

(360) 775-5424
Email: ChuckMarunde@gmail.com

iRealty Virtual Brokers, aka Sequim & Port Angeles Real Estate
125 Olympic Ranch Ln, Sequim, WA 98382

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Sequim Land for Sale and Due Diligence Checklist

by Chuck Marunde / Monday, 30 July 2012 / Published in Sequim Lots For Sale

You’re looking at Sequim land for sale.  There are 743 lots on the market in Clallam County, which is mostly Sequim and Port Angeles.  Once you filter through that large inventory and narrow down your short list to a short list of one, you then have some due diligence to do.  More than homes, buying vacant lots is a risky business.  If Adam Smith were alive today, he would say something like, “When it comes to Sequim land for sale, the rule of caveat emptor doth apply.”  In other words, buyer beware.

Sequim Land for Sale – The Good, The Bad and . . .

Sequim Land for Sale

Sequim Land for Sale and Due Diligence

I showed a beautiful five acre parcel with a wonderful mountain view in an area that is near the center of the Sequim Rain Shadow.   Then I showed my clients some Sequim land for sale that was three times as many acres, and it too had a wonderful mountain view.  The first parcel was listed at $120,000, and the second was listed at $109,000.  Sounds like the second parcel is a steal, doesn’t it?

What’s the difference?  Would one seller really sell three times as much acreage for so much less?  Not in the real world, and that’s where you and I live.  If it seems too good to be true, it probably is.  There’s no such thing as a free lunch.  You know the sayings.  When it comes to buying vacant undeveloped land, the rule is caveat emptor.

A seller (and the seller’s agent) might not tell you the land has no legal easement to a building site.  They might not tell you there’s no legal building site because of wetlands.  They might not tell you there are no water rights.  They might not tell you the land is contaminated.  They might not tell you many things.  It could be they don’t know.  Whether they know or not, the result for a buyer would be the same.  Disaster.  If you close and later find out you can’t use the property, good luck suing the seller and the listing broker.  The last thing my retired clients plan to do in Sequim is get in a major lawsuit.

Sequim Land for Sale and Saving Grace

I created a Vacant Land Checklist many years ago (while I was still practicing law about 15 years ago), and you can read it here at Sequim Land for Sale Checklist.  I recommend caution and doing your due diligence when you get ready to buy vacant land.  Better yet, retain the services of a buyer’s agent with the experience to know about the hidden traps.  Be especially careful about hiring an agent to represent you as your buyer’s agent when that same agent also represents the seller.

You can use my powerful online Sequim MLS site to search for land that suits you at Sequim Land for Sale.

Possibly Related Posts:

  • Sequim Land
  • One Acre Properties Hard to Find
  • Beware the Cost of Land in Sequim
  • Sequim Lots for Sale at Low Price
  • Sequim Land for Sale with Mountain View

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About Chuck Marunde

After practicing real estate law for 20 years in Washington, Chuck opened iRealty Virtual Brokers covering the Sequim and the beautiful Olympic Peninsula. Chuck is the author of numerous magazine and Internet articles with a primary focus on real estate. He is also the author of over a dozen books, mostly about Sequim real estate. Chuck is a photographer, videographer, and Registered FAA Drone Pilot. Chuck has combined his love for real estate and technology to create a growing Internet presence in his market, and enjoys building his websites and blogs, including SequimBlog.com and Sequim4Sale.com and LuxuryWaterViewHomes.com. Chuck has degrees in Economics, Law, and Education.

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Chuck E. Marunde, J.D.

Sequim Buyer's Agent
(Atty Ret.)
Founder and Broker of
Sequim & Port Angeles Real Estate dba iRealty Virtual Brokers
125 Olympic Ranch Ln,
Sequim, WA 98382
(360) 775-5424
ChuckMarunde@gmail.com

Blog Articles by Date

From Los Angeles

It's rare, but once in awhile life provides the perfect collaborator for an important endeavor such as buying your new home. For me that person was Chuck Marunde. His two decade background as a Real Estate Attorney, his prolific career as an author of articles and books on Real Estate and his forthright and moral character made choosing Chuck a no-brainer. Chuck is dedicated, thorough, incredible at the negotiating table, knowledgeable about all local laws & regs but, most importantly, Chuck loves what he does. And what he does is find his client the perfect property. Chuck isn't about making the sale, he's about making the sale that is OPTIMUM for his CLIENT and this makes Chuck a rare bird indeed. I love my new home in Sequim and I am indebted to Chuck for making it happen. Kevin E.

From Seattle

I’ve had the pleasure of working with Chuck over the past three years in selling my parent's estate. It was a tough time to sell during the housing recession, but Chuck always kept things on the positive side. With his real estate law background, he offers sound, practical advice. He helps you along with the process using discussions and reason, rather than opinions and speculations. If Chuck doesn’t know the answers, he will get them for you. In several instances, Chuck took the initiative to meet with county officials to get up-to-date facts about zoning and regulations. I was always impressed with his company’s tech savvy communi-cations and internet presence: weekly email updates, blogs, videos, links, Linked-in networking, etc. He is truly pioneering the future of buying & selling real estate. Brian M.

From California

"Andy Romano is a successful motion picture character actor with over 40 years in 'the Biz.' Mr. Romano has a home in beautiful Santa Barbara, California, but he chooses to live most of the time in Sequim, Washington on the Olympic Peninsula in the great Pacific Northwest. Why? In his own words, 'Because it's even more beautiful and surrounded by more beauty in this incredibly peaceful and quiet place. With respect to real estate agents or brokers, well my friend Chuck Marunde, owner of Sequim and Port Angeles Real Estate, is hands down the best there" Andy R.

Intro by Chuck Marunde

From Florida

We do our homework for the task at hand and we look for and expect to enlist partners that do the same. It was our good fortune to select Chuck Marunde of Sequim and Port Angeles Real Estate to represent us as a buyer's broker in our search for a home in the Sequim/Port Angeles area. Chuck's site is all encompassing and super fast compared to many others, he knows the market at every conceivable level and his guidance through the process of selecting and purchasing a home is priceless - above and beyond that of anyone with whom we have ever worked. Add to all this his 20 year background in real estate law and you have discovered a superb asset in the adventure of purchasing a home. Greg and Marilyn

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