Dovetailing The Summer Spike

As the title suggests, this is merely a follow-on to the previous post describing the tweak in property interest during the third quarter of this year. Now into the fourth, there have been some truly sweet deals on which my savy Buyers have pounced. Here are some of the details:

1. 2.5 Acre estate-like property just south of Coupeville on Whidbey. Almost 3,000 sqft of finished living space, featuring radiant floor heat, stainless appliances, slab granite, master on the main, and 4 bedrooms. Detached 2-car garage with bonus room on top.....a superb piece for under 480k....a great purchase!

2. A current sale of a dilapidated fixer home...2 bed/ 1 bath in need of just about everything, yet the lot size is 12,000 sqft! A detached two car garage and well on the property inside the Anacortes town limits! $125,000....craziness! Instant equity with this one especially seeing that my buyer is a true fix-it samurai.

3. Lastly, a purchase I made myself.....1400 sqft 3 bedroom/ 1 bath bungalow in town on an 8400 sqft lot with potential view if future dormers are installed....owner financing with a 5% note amortized for 30 years, with note due in five years.....in other words, just pay down for five years, then get a mortgage to pay off the Seller in full. Price: $158,000!!! I truly stumbled upon it.

So what is the point? If you are thinking of purchasing even in the least, call up your agent and start the viewings.....Even if you are thinking of not making a move for a few months, this will hone your ability to identify true value versus price. Online photos are good, but can be deceiving and you gain so much from merely walking through a place. After viewing a handful, you will then know exactly what you are looking for so that when you happen to walk in that front door, the home speaks to you and you know within 30 seconds that it is the one for you. Then you can move quickly since you are already astute regarding market inventory and pricing.

Please don't hesitate to visit www.AnacortesHomeBuyer.com for all MLS listings with all brokerages. Call or write with questions and don't be shy.....allowing me to get you into homes for showings is the fun part of the biz.

Good luck.