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Most people today who are thinking about buying are aware that inventory on Bainbridge Island is remarkably low. With so few homes for sale, many want-to-be buyers are likely asking themselves “Is it okay to just stay and live with what we have or should we invest now and improve our current home?”

Getting a loan payment you can live with is as important as finding the right home on Bainbridge Island. While finding a local lender is an important initial step in the home buying process, here are a few more tips that will help you take down that “for sale” sign in front of that home you want to buy with a lot less stress.

Selling your home on Bainbridge Island for your best return takes more than just hiring a Realtor or sticking a sign in front. As a seller, if you take these three steps to prepare your home before you list it for sale, you’ll be in position to get the best offer possible in the shortest time.

These 5 essential tips will help make buying a home on Bainbridge Island as smooth as possible.

In Part 1 of this two-part series, I share strategies for deciding where to send all the stuff you’re ready to part with. In Part 2 I share referrals for all the people you’ll need to help you execute your plan.

Meet Karen and Bob, our prototypical downsizers. Bob is 61 and Karen is 59 and are married. They have a combined household income of $92,000. They live in a 3 bedroom 2 bath home and their current home size is a bit less than 2,000 square feet.

Of the 380 single family homes sold in 2015 on Bainbridge Island, 25.3% were sold to cash buyers. But these cash buyers are not just affecting the low end of the local housing market. One third of these cash deals were for homes above $1,000,000.

​A home inspector is a licensed professional, often a former contractor, who checks the safety and assesses physical condition of a home. Home inspectors search for defects or other problems that could become problematic later on.

It is not the inspector’s job to determine whether you are getting good value for your money. An inspector does not establish value, only whether the home has need for repairs or attention to deferred maintenance.

You may be checking your stock prices every day, but do you know the current value of what is likely your single biggest asset? Just what is your home worth today? Considering our housing prices are back at or near peak, having insight to your home’s current market value is recommended as you plan your financial future.

In the Bainbridge Island housing market right now, well-priced homes are expected to receive more than one offer within just a few days. Three-five offers is fairly common, while a dozen has recently happened too. It’s important