Buying Sequim waterfront property is one segment of the real estate market where a buyer can find one of the most beautiful beachfront properties, or a low or high bluff panoramic water view. This is what many retirees plan for five to ten years before finally making it happen. It will be the property of their dreams, where they intend to build their last home. It will be the fulfillment of a lifetime goal. But there is a trap for the buyer who lives outside the Sequim area. A buyer can unwittingly make a terrible mistake by paying too much for Sequim waterfront property. I’ve lived here for 18 years, and I’ve seen it happen many times, even recently. It’s one thing to pay $10,000 or even $50,000 too much, but what if you throw $100,000 or $200,000 over the bridge by paying too much?
Sequim Waterfront Property
Sequim Waterfront Property and Value
They say value is in the eye of the beholder, but some Sequim waterfront property views are so extraordinary, there’s no doubt about the appeal. As I stood on the bluff in the above photo, I think any of us would say, “What’s not to like?” This is when you ask your Realtor, “How much should we offer?”
Sequim Waterfront Property – Paying Too Much?
We do have properties that are overpriced. I know that’s not front page news, but we actually have buyers who paid too much, and some by a lot. And guess what? They were represented by an agent, sometimes a dual agent and sometimes their own agent acting as their buyer’s agent. But there are many traps for the unwary, and many conflicts in the real estate industry that work against the buyer. Let me give you a lifetime of experience representing real estate clients, including 20 years as a real estate attorney. I can explain to you in great detail how to avoid getting caught by this trap, how to determine the true fair market value of extraordinary water views, and how to structure your offer. Email chuckmarunde@gmail.com or call anytime, 360-775-5424. I’ll make sure you don’t throw $100,000 over the bluff when you buy your Sequim waterfront property.
Last Updated on May 27, 2012 by Chuck Marunde
