Buying a Home with a Revocable Trust

If you are buying your retirement home in Sequim or Port Angeles (or anywhere in the U.S. for that matter), and if you are going to apply for a loan, you will be required by the lender to make the loan application in your personal name, not the name of a trust.  The real estate

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The Home Buying Process

The home buying process can be a bit intimidating if you haven’t bought a lot of homes. Even if you’ve bought a couple of homes in different parts of the country, the home buying process is always unique to a local real estate market. This podcast gives you an overview of the home buying process

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How to Buy a Home in Sequim

How to buy a home in Sequim is a query of many retirees who are currently living all over the continental United States and Hawaii and Alaska. If you live in Temecula, Denver, Honalulu, Miami, or Fairbanks you will undoubtedly have many questions about the Sequim real estate market. Every market has its own unique

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How Does a Bump Clause Work?

A bump clause is a special clause in an addendum to a purchase and sale agreement that gives a seller the right to continue to accept other offers and possibly bump the first offer out of the picture entirely. This means a bump clause can either help a seller or hurt a buyer. In this article

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A Home With Privacy

Do you want a home with privacy? Many couples who move to the Sequim area do want a home with privacy, although how that is defined may vary slightly. When buyers tell me they would like “some privacy,” I asked more questions. This article will share some insights on what a buyer’s options are when

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Buy a Home in Sequim Sight Unseen?

The idea of buying a home sight unseen is most likely not your first choice. Normally, I would not recommend buying a home until you’ve walked through it and around it yourself. But the Sequim real estate market is a strong seller’s market with a very low inventory, and demand far exceeds supply. Buyers from

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Buying a Home? Disaster Strikes With Bad Advice

Buying a home is no small matter these days. I’m using the phrase “no small matter” like the Vikings used it. In the movie The 13th Warrior starring Antonio Banderas, his Viking friends used the phrase “no small matter” to describe situations that rose to the level of life threatening. If something was a small

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The Importance of Unambiguous Real Estate Contracts

Ambiguous real estate contracts can turn into a nightmare for a buyer like you. Real estate contracts are an important part of buying a home, and normally your Realtor drafts your real estate contracts. These are binding agreements, and if your Realtor doesn’t draft clean documents that are unambiguous, you could end up with a nightmare.

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Home Defects Haunt Buyers

Home defects can haunt a buyer long after moving into their home. We can’t all buy a brand new home, and the cost of buying land and hiring a home builder to build a new home is substantially more than buying an existing home, but an existing home may be on the perfect piece of land in

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When You Find a Home

When you find a home that you love, and your Realtor drafts the offer, after what may be a counteroffer or two, once you have mutual acceptance, it is a happy day! I just helped buyers from Texas find a home, and when I called to tell them their offer had been accepted, they were

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Where is Wisdom?

Where is wisdom? This is the rhetorical question I have been asking for a couple of decades. This is a real estate blog, so I write about all the issues that concern buyers and sellers of real estate. With over 1,900 articles here, I strive to help buyers discover the answers to their most important

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Buying a Home: The Biggest Problem

Buying a home used to be much easier. A purchase and sale agreement was one page. Your loan application was two pages, and a few weeks later the transaction was closed in the real estate office with two or three signatures. Now the purchase and sale agreement is 14 pages with all the required addendums.

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Little Things to Look for When Buying a Home

Buying a home is a massive undertaking, and if you’ve read some of my earlier articles about doing your due diligence as a buyer, you have a good checklist of major items to review. Things like the home inspection, the septic inspection, the well inspection, irrigation systems, traffic noise, driveway easements, view easements, the quality

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Buyer Beware

Buyer beware comes from a latin phrase (“caveat emptor”) that has been a rule for hundreds of years. The phrase is actually part of a longer statement: “Caveat emptor, quia ignorare non debuit quod jus alienum emit,” which is translated as “Let a purchaser beware, for he ought not to be ignorant of the nature of

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The Dream of Buying a Home in Sequim

Buying a Home in Sequim is a dream come true for many from all over the United States. It certainly was for John (not his real name). John went through some challenging times. He shared with me that, “life doesn’t go according to plan,” and he then said, “that’s not the exception; that’s the rule.”

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Buy a Home You Can Sell

Would you buy a home if you knew you could never sell it? Probably not, but people do it all the time. Of course, they don’t buy their retirement home saying to themselves, “We will never be able to sell this home,” but maybe they should be asking, “Is this Sequim home sellable some day?” [This

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Best Time to Buy a Home

What is the best time to buy a home? The best time to buy a home is when prices are at or near a low and when the inventory gives you plenty of choices. In the Sequim area (as well as Port Townsend and Port Angeles), prices are at or near the bottom, but the

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Most Popular Articles for Buyers

Are you interested in articles for buyers written specifically to help you do your research and find a home in the Sequim and Port Angeles area? This is the largest real estate blog on the Olympic Peninsula and one of the largest real estate blogs in the nation with over 1,700 articles written specifically for buyers. With

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Buying a Home is About Compromising

Buying a home is all about compromise. Which kitchen would you prefer, the one on the left or the one on the right? The kitchen on the right is brand new with a hardwood floor and modern new appliances. But would you guess that the home on the left sold for $525,000 and the home

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Remodeling Homes

Remodeling homes in Sequim and Port Angeles is making a small comeback. With the inventory of homes shrinking as retirees buy up the best homes in the best areas, and since home builders have not been building over the past seven year recession, older homes that were unattractive before are becoming good targets for remodeling and

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