Inland Northwest's Real Estate Adventure

Benefits of Buyers’ Agency When Purchasing a Home Having the help of a Professional Buyer’s Agent to represent you in your next home purchase is always a good decision. Your real estate agent will take care of you and your needs and take away the hassles of navigating the muddy real estate waters. Here are some benefits outlined in the Law of Real Estate Agency as the duties of a Buyer’s Agent. To be loyal to the buyer  – Hello? Why would you want an agent who is not loyal??? A Buyers’ Agent owes 100% of their dedication and loyalty to you, the home buyer. They do not have a reason or motivation to “sell” one house over another, and can thoroughly put your interests above any sellers’ wants or needs. To timely disclose the buyer to any conflicts of interest  – This goes back to communication between the agent and the buyer, great effective communication is key! To advise the buyer to seek expert advice on matters relating to the transaction that are beyond t...

Here is part 2 of To List "For Sale by Owner" or not. I found this article that probably says it a lot better than I ever could for many reasons. So without further ado here is an article on the benefits of going FSBO.  'For Sale by Owner': the Benefits of DIY Real Estate Have you ever gasped over the amount of money sellers have to fork over to a real estate agent? Image credit: Shutterstock Peter Daisyme VIP CONTRIBUTOR Co-founder of Hostt July 13, 2017 6 min read Opinions expressed by  Entrepreneur  contributors are their own. Technology and  the new business models are changing the real estate game . Think about the empowerment that's been transferred to consumers in so many areas; the same goes for selling homes. Working with a real estate agent or broker is no longer your only option. So, read on for a full accounting of what's changed in the FSBO (for sale by owner) world that's made commission-free real estate a viab...

Lack Of Listings Slowing Down The Market As the real estate market continues to move down the road to a complete recovery, we see home values and home sales increasing while distressed sales ( foreclosures and short sales ) continue to fall to their lowest points in years. There is no doubt that the housing market will continue to strengthen throughout 2018. However, there is one thing that may cause the industry to tap the brakes: a lack of housing inventory! Here’s what a few industry experts have to say about the current inventory crisis: Lawrence Yun,  Chief Economist  for the  National Association of Realtors “Inventory coming onto the market during this year’s spring buying season… was not even close to being enough to satisfy demand , that is why home prices keep outpacing incomes and listings are going under contract in less than a month – and much faster – in many parts of the country.” Sam Khater,  Chief Economist  for  Freddie ...

Are you looking to buy a home in the near future? If so, here is a list to help you be a prepared and have a head start on documentation your lender may ask for.   Some Highlights: ·           Many buyers are purchasing a home with a down payment as little as 3%. ·           You may already qualify for a loan, even if you don’t have perfect credit. ·           Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford. Need additional information or help finding that diamond in the rough home? Contact me. Jeremy Lemm 509-217-9904 jjlemmrealtor@gmail.com To list “For Sale by Owner” or not, Part 2 coming soon…..