Tax Free Exchanges

Tax-Free Exchanges: Helping sellers avoid a big pitfall Most people know that home sellers, regardless of age, may pocket $250,000 tax free if single and $500,000 if a married couple when they sell their homes as long as they’ve had the home for two full years as their principal residence. What is not always common…

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Purge With Purpose Part 2

Getting rid of the stuff is a huge task, no doubt about it. These resources will help you start sorting so your possessions with intent and efficiency (characteristics I love!).

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Need to Sell Before You Buy? Maybe Not

In this record-low inventory marketplace, well-qualified buyers are swift and paid cash in 25% of the 2015 transactions on Bainbridge Island with little to no contingencies attached to the offer. Sellers often have opportunity to select from multiple offers and decide which buyer has the greatest chance to close the transaction.

So how is a buyer who must sell first able to compete?

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Real Estate Insight: ​Just What Does PENDING Mean?

If you’re even just a casual online home shopper, you should be able to relate to this: someone sees the perfect home online and the triggered emotions are so strong, they can imagine living in it for the next five to ten years. They check daily to see its status and suddenly- without warning- it’s “gone PENDING”. They feel sick to their stomach with disappointment that the home is sold, never again to be seen on the open market.

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Considering a Condo? Beware of the Pitfalls

When searching for a condo, you need to work with a Realtor who understands the financing complexities and how to avoid the pitfalls. A very busy Island lender has to tell 1 in 4 condo buyers they won’t be able to purchase the unit they just signed a contract on. I would not let you become the one who gets that kind of bad news.

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Real Estate Market Report – Bainbridge Island

Real estate can be complex and the usual reports can be confusing. But, when shown through powerful graphics, what’s happening in a market like Bainbridge Island becomes fascinating and thought provoking. That was my inspiration: to provide a monthly real estate “Market Report” that lets you instantly see what is happening on our island. And hopefully ask questions!

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