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Port Angeles, WA Real Estate News

Port Angeles Real Estate Tips & Tricks!.... The single most common mistake that a note holder makes when creating a note is that they fail to check their Port Angeles buyer's Credit Report. It seems so simple, but it is worth repeating "Most people fail to check the credit report of their prospective buyers!!" Can you believe this? Just by doing this one simple step can save you a bunch of money now and in the future. How so? First and foremost by checking your potential Port Angeles buyers credit score can help resolve your worries of your buyer's ability to repay their future debt to you. Heck, I don't know of any local Port Angeles bank that would not check the credit score of any one of their customers seeking a mortgage. So why shouldn't you? The second benefit of checking your Por...
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Port Angeles Real Estate Tips & Tricks!... If you have excellent credit you will have the least amount of hurdles to jump through. When mortgage companies in Port Angeles Washington are evaluating your credit generally talking about your FICO score. This is a compilation of the three major credit bureaus and is the standard for determining credit worthiness in the industry.An individual should aim for a FICO score above 710 because it allows individuals to obtain the best loans and have more bargaining leverage.There are now many different loan solutions available to the investor in Port Angeles Washington. There are even some loans that will cover the total purchase price however, with the current credit situation they are far and few between.If your credit is not excellent there are s...
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Port Angeles Real Estate Tips & Tricks.... If you have excellent credit you will have the least amount of hurdles to jump through. When the mortgage companies in Port Angeles Washington are evaluating your credit generally talking about your FICO score. This is a compilation of the three major credit bureaus and is the standard for determining credit worthiness in the industry.You will have access to the best loans and more negotiating room with a FICO score above 710,when looking at your credit score.There are now many different loan solutions available to the investor in Port Angeles Washington. It is still possible but not probable that you could fine financing for 100% of the cost to purchase the piece of investment property.There are many options available even if your credit is no...
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Port Angeles Real Estate Tip & Tricks.... When Port Angeles house hunting, many buyers make the mistake of waiting to contact a lender until after they have located their dream home. As a Port Angeles home buyer, you will be in a much stronger position with a seller if you are pre-approved. Pre-Approval Letter To effectively house hunt in Port Angeles, you must know the amount you can borrow from a lender. There is nothing worse than find your dream home, but failing to qualify for the amount you need for a loan. Avoid this by asking your lender to pull your credit information and to let you know what needs to be done to get a pre-approval letter. If you are going to have problems with getting a loan, it is better to know about it as early as possible. Sometimes Port Angeles home buyers...
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Port Angeles Real Estate Tips & Tricks.... As a Port Angeles home seller you want to initiate that positive feeling from a prospective buyer; choosing a new home is a very emotional thing and it is this emotional vibe that you want to tune into to. It is always the first impression that will dictate the Port Angeles buyer's mood. Think of the times that you have been in the audience waiting to hear a speech. When the person walks onto the stage you are expectant and interested in what he has to say. In the first one minute he either has your attention - or you are wondering where he bought his shoes from. If he has wit, a smile and a bright voice you will listen. If he drawls, sounds dull and is talking too quietly your brain leaves the stage. You will only listen to a boring speaker if...
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By Chuck Marunde, Sequim Real Estate Broker
(Sequim & Port Angeles Real Estate)
More foreclosures are on the horizon just about everywhere in these United States. Retirement havens Sequim and Port Angeles are no exception, although we certainly have a much smaller foreclosure market than most. Our own foreclosure market is a function of the mortgage debacle and the recession. Owners who find they owe more than the house is worth are making hard decisions about whether to continue to make the mortgage payments or just walk away. But there's another reason we will see more foreclosures. This national recession is taking a tremendous toll on family finances. Many are unemployed. The self-employed entrepreneurs, who are the backbone of this great nation, are getting hit hard, and this will mean more foreclosures. To make matters worse, national banks with mortgage loan...
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Port Angeles Washington Real Estate Mistakes - Explained by Steve Edwards The single most common mistake that a note holder makes when creating a note is that they fail to check their Port Angeles buyer's Credit Report. It seems so simple, but it is worth repeating "Most people fail to check the credit report of their prospective buyers!!" Can you believe this? Just by doing this one simple step can save you a bunch of money now and in the future. How so? First and foremost by checking your potential Port Angeles buyers credit score can help resolve your worries of your buyer's ability to repay their future debt to you. Heck, I don't know of any local Port Angeles bank that would not check the credit score of any one of their customers seeking a mortgage. So why shouldn't you? The secon...
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Port Angeles Washington Real Estate: The 5 Most Common Myths About Investing in Port Angeles Washington Real Estate, by Steve Edwards, Experienced Investing Expert in the Port Angeles Washington MarketInvesting in real estate is a great way for anyone in Port Angeles Washington to make money. Yet so many people never get their start in real estate simply out of fear. Much of it is because of myths about real estate investing that simply aren't true. In this article, we'll dispel 5 of the most common myths about investing in Port Angeles WashingtonMyth #1 - You Need Experience to be SuccessfulExperience will help a lot in making good investment decisions. However, the only want to get experience in investing is to actually make investments. Even Donald Trump had to start somewhere. And e...
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Port Angeles Real Estate & Need for Good Credit: If you have excellent credit you will have the least amount of hurdles to jump through. When mortgage companies in Port Angeles Washington are evaluating your credit generally talking about your FICO score. This is a compilation of the three major credit bureaus and is the standard for determining credit worthiness in the industry.An individual should aim for a FICO score above 710 because it allows individuals to obtain the best loans and have more bargaining leverage.There are now many different loan solutions available to the investor in Port Angeles Washington. There are even some loans that will cover the total purchase price however, with the current credit situation they are far and few between.If your credit is not excellent there...
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If you have excellent credit you will have the least amount of hurdles to jump through. When the mortgage companies in Port Angeles Washington are evaluating your credit generally talking about your FICO score. This is a compilation of the three major credit bureaus and is the standard for determining credit worthiness in the industry.You will have access to the best loans and more negotiating room with a FICO score above 710,when looking at your credit score.There are now many different loan solutions available to the investor in Port Angeles Washington. It is still possible but not probable that you could fine financing for 100% of the cost to purchase the piece of investment property.There are many options available even if your credit is not up to par. You may be able to negotiate t...
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Port Angeles Real Estate & Having your home appraised..... Before obtaining the services of an Port Angeles home appraiser to have your house appraised for the purposes of selling your own home, make sure they are licensed, experienced and knowledgeable in the area of property you want appraised. Also make sure they don't skimp on data sources just to save money; a qualified house appraiser should use up to date sources to insure the appraisal will be as accurate as possible.  Make any necessary minor home improvements. This includes leaky faucets, missing door handles, missing kitchen cupboard and drawer knobs or handles, missing or damaged trim work, broken light fixtures or light switches, cracked windows, torn screens, etc.  It would be worth while to install smoke detectors on all ...
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With the mortgage business being what it is these days, it may be a safer thought to fix up your Port Angeles house as opposed to selling it and purchasing a new one. Port Angeles House prices have come down so much that nowadays most Port Angeles homeowners will have a hard time finding the right value for their Home / land. Most people are turning to house renovations to enhance the price of their house and prepare for the future bounce back in the Port Angeles housing market. Here are a few simple home remodeling tips that can help you fix your house up. If you are looking to obtain the most for your money, it is a great bet to start with the kitchen. One problem you may encounter is that a complete kitchen renovation may take a little longer than expected and the cost could be a bit...
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By Amber Harsh
(Active Rain )
Every year in a little town called Port Angeles, Washington (population 18,982) is a two day community event known as The Dungeness crab and Seafood festival. They have this community festival to celebrate the cultural traditions from the local Elwah Native Americans, enjoy gathering as a community and to spend time overlooking the Straits of Juan De Fuca and the breath taking view of Victoria, British Columbia.  The absolute beauty of this yearly festival, held in the month of October is not only it's location and the colorful gathering of people but it is also that there is nowhere else to get a whole freshly caught Dungeness crab with a side of coleslaw and sweet corn on the cob that is locally grown and that tastes this good!(Yum!) Not only is there Dungeness crab but there are a va...
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As a real estate agent who has experience in Port Angeles Washington, many people have been helped by me with purchasing and selling their homes. The purpose of my article is to share some of the tips I have found very effective. Port Angeles Washington market. When you finish reading this article, you will know exactly how to manage a quick, stress free sale of your house.Staging your home will lead to more success than not staging it.If you have never staged a home in the past, it may seem like an overwhelming task, but in reality it only requires several easy steps.One:  Fixing things. You must make necessary repairs to the house before showing it.Two: You should probably clean your stuff out. You will need to remove and store anything that doesn't fit the overall look.Three:  your h...
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So you have decided to get a Port Angeles Washington home inspector check your home. That's a smart choice. And, of course, you want to get the most out of this hired professional's services. But, wait. Before going out there and scrutinizing your Port Angeles Washington home inspector's work, maybe you should start with yourself first? What is your role in all this? What do you have to do to make your Port Angeles Washington home inspector's work easier and therefore make your investment even more protected?Everywhere Port Angeles Washington home inspectors often come across limiting conditions that interfere with a complete report for the client. After you've paid for a home inspection, you do not want to see the following words on your report:"Inspection limited due to the excess pos...
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Are you thinking of investing in Port Angeles Washington real estate? But you do not have enough cash to do so. Here is a tip you can use as long as the property seller is willing to negotiate with you. To be fair, not every seller will be interested (or even understand) the concept outlined. Your best bet is to find a Port Angeles property that the owner has great interest in selling, whether because of moving, divorce or frustration with tenants. Actually, if you are currently renting and thinking about using this technique perhaps your landlord would be happy to help you out! There are a few variations that can be used depending on you and your Port Angeles seller. Do they want the market price or are they just eager to get out from the monthly payments - perhaps facing foreclosure? ...
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There is a big question that you must consider when selling your Port Angeles home. How to best showcase the distinct qualities of your home and create a warm and inviting environment that will impress even the most critical buyer. Staging is a process that should be considered on a room to room basis. No two rooms have the same features, its quite possible to find something to highlight in every room in your Port Angeles home. Is there a real "conversation piece" or element of the rooms that stands out to you? If so, roll with it and you should be able to come up with something very special. Good things to do when preparing to stage your home are really the basics, cleaning out any clutter, ensuring that the house is sparkling clean and that there is a feeling of comfort, but not one t...
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By Chuck Marunde, Sequim Real Estate Broker
(Sequim & Port Angeles Real Estate)
Are houses getting smaller in Port Angeles? There have been many articles written about how retirees are building smaller, more energy efficient homes. Of course, "energy efficient" and "green" does not necessarily mean smaller, but less square footage does facilitate the two. There has also been an inducement to build smaller homes because of the increasing cost of land development and home construction. With higher price tags, mortgage payments have grown dramatically, and the mortgage debacle and record foreclosures are more than a shot across the bow for retirees. The real estate market in Port Angeles continues to set its own pace, and while we are certainly connected with the real estate markets in California, Nevada, and Arizona, we are a bit slow to react to national trends. And...
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Determining Fair Market Value is an eternal struggle and major balancing act. That's because buyers want a house to appraise on the low side-to keep the purchase price down. While sellers want the same Port Angeles house to appraise on the high side-to make the sale price higher. And then you've got the owners of the Port Angeles house-who also want the appraisal to be on the low side, in order to keep the property taxes down. So with all these different agendas and points of view, how is the fair market value of a real estate property actually determined? Once a year, your county sends all area homeowners official notices that put a dollar value on their property. And property taxes are based on those dollar values. But before those notices get sent out, a long, detailed process usuall...
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Buying a home in Port Angeles WA. can be a financial strain if you are making a sizeable down payment. This can lead to problems if you forget the hard, cold cash you will need for closing. Closing Costs When Purchasing A Home: Everybody looking to purchase a Port Angeles home no doubt wonders what the average closing costs will be. It is only natural to wonder, especially considering how expensive the closing costs can truly be if you are not careful. In truth, the costs aren't much given the amount of money the home typically sells for, but they can cause problems because they usually must be paid now and in cash. Essentially, they add to the down payment amount and can cause cash flow problems for buyers. As you might imagine, closing are not easy to quote. Closings in one state invo...
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Port Angeles, WA Real Estate Professionals