Selling

Virtual tours, extensive professional photography and floorplans are critical to allowing buyers to easily view your listed home, without having to leave their home.  Sellers should be aware of 360 degree/full view-style tours.  These may show too much of the home and provide security gaps, including viewing items that would not normally show in a […]

This post is courtesy of Chicago Title Insurance, re-posted with permisssion What exactly do settlement agents have to report to the Internal Revenue Service? In accordance with IRS Regulations the settlement agent must report the sale or transfer of an interest in U.S. real property by filing IRS form 1099-S Proceeds from Real Estate transactions, […]

Washington State charges an excise tax on the sale of real estate.  The rate can vary by county and locality. For the vast majority of the property in King, Pierce and Snohomish Counties; the rates are as follow: 1.6% of the first $525,000 in sales price 1.78% of the amount between $525,000-$1,525,000 3.25% of the […]

It was great to receive some good news today, via our Penrith Loan Officer Jen McGeary.  She reported that the core CPI dropped from .6 last month to .3  for October 2022. This suggests overall inflation is cooling.  The markets responded positively and today the Dow is up 1201 points.  Interest rates were reported as […]