Can a buyer back out of a real estate transaction before closing? | Buying a home in Olympia WA

Can a buyer terminate a real estate contract

Can a buyer back out of a real estate transaction before closing legally? The answer is yes under certain circumstances. Sometimes buyers have entered into a mutually accepted purchase and sale agreement but a situation arises where the buyer cannot go through with the purchase. Buyers may terminate a transaction due to a contingency. What …

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How to win the bidding war in 2021 | The 1 1/2 things you can do to beat out other homebuyers

how to win the bidding war

If you are losing bidding war battles in the real estate process, I’m here to tell you the “secret sauce” to how buyers are winning and how you can, too. Here are the one and a half things you can do to just about GUARANTEE you’ll win the bidding war. How to win the bidding …

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Homeowner Associations – the pros and cons for new buyers in Olympia, Washington

The topic of Homeowner Associations in any circle is sure to bring up some heated discussions as most homeowners have very negative experiences with HOAs.  In fact, I don’t think I have ever had a buyer tell me that they wanted to live in a neighborhood with an HOA and CC&Rs (covenants, conditions and restrictions). …

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Home Buyers: Sellers Do Not want to read your Love Letters | How to Buy a House in Olympia WA

love letters

Guess what buyers, sellers do not want your love letters and here’s why. Buyers today are having a tough time in this steep seller’s market, and they are trying anything and everything to win in a multiple offer situation.  They think that by writing a letter and trying to connect with the seller on an …

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2021 Real Estate Market Predictions for Buyers | Olympia WA

2021 real estate predictions for buyers

Buyers in 2021 may see a repeat of 2020 with rising home prices and low inventory but interest rates continue to remain low, helping buyers achieve their homeownership goals. Here are the 2021 real estate market predictions for BUYERS in the Olympia, Washington area. (For the 2021 SELLER predictions, click here.) Home Prices In Olympia …

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How to Sell Your Home While Buying Another Home in Olympia, WA

selling and buying a home at the same time

How to Sell Your Home While Buying Another Home in Olympia, WA If you already own a home and are looking to buy your next home, there are three ways to do this: List your home and buy your next home at the same time and align the close dates for both of those transactions. …

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How to Buy an Auctioned Foreclosure Property in Olympia WA

how to buy a foreclosure

Sometimes you will still see those infomercials on Saturday morning touting how you can buy a house for just a few dollars by buying foreclosed properties.  The reality is, it isn’t that easy, glamourous or that cheap, but if you’re interested in pursuing auctioned foreclosed properties, here is where to find them, how to buy …

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How to buy vacant land to build a house | Olympia WA

vacant land

If you are interested in buying vacant land in order to build your next house, this guide outlines not only how to buy land but the specific and unique challenges of buying vacant land in Olympia, Washington and the greater Thurston County area. Where to Find Vacant Land Listings? As you would look for existing …

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The risk of buying a home occupied by tenants during COVID in Olympia, WA

Risks of buying a home tenant occupied during COVID

This post was published on November 18, 2020. If you are buying a home in the Olympia, WA area and it is tenant-occupied, there are risks of the tenant not moving out on the close date.  If the tenant doesn’t move out, you as the new owner will either become an unintentional landlord or you’ll …

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