Appraisals can turn a real estate transaction upside down. They are arguably the biggest risk for sellers, especially in a fast-moving market. Sellers should understand the risks of the appraisal when their home falls under contract.
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This housing market is making buyers do things they have never had to do before to win. I am seeing more and more offers win by waiving the inspection contingency. But what does waiving inspection really mean? Let's review how waiving the inspection contingency affects both buyers and sellers.
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Yep, Seattle housing inventory is scarce. Yep, there are way more buyers than houses to buy. And yes – interest rates are still crazy low, hovering around 3.8% for a conventional 30 year fixed loan. All this points to a killer “Seattle Sellers’ Market.” So if you are considering selling your home this year – read ...
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