JUST LISTED | INVESTOR ALERT!!! | SHORELINE CONDO | 20103 14th Ave NE

Welcome Home to Shoreline!

condo-front2-1024x683 JUST LISTED | INVESTOR ALERT!!! | SHORELINE CONDO | 20103 14th Ave NE

20103 14th Ave NE, Shoreline WA 98155

List Price: $200,000

Investor Alert! Low HOA dues! Quiet, secluded location in single-family neighborhood but minutes to EVERYTHING! Grocery, restaurants, shopping, I-5 and so much more! MOVE-IN READY! Lots of space for everyone in this two-story townhome! Both bedrooms up, main level includes good sized living room, dining room PLUS casual eating space in kitchen area (or desk area) and ½ bath! Private storage and tons of parking for residents AND guests! Pets & rentals allowed!

BEDROOMS: 2 BATHROOMS 1.25 SQUARE FEET: 1,010

Williamson-3-D-Tour-PNG-1024x683 JUST LISTED | INVESTOR ALERT!!! | SHORELINE CONDO | 20103 14th Ave NE

For more detailed info click here

Call me for a private tour!

Pop Up Blood Drive in South Lake Union

Gold-Compass-300x290 Pop Up Blood Drive in South Lake Union

2020-06-15_16-07-17-300x75 Pop Up Blood Drive in South Lake Union

The need is now. Answer the call by donating blood.
New Pop-Up Donor Center in South Lake Union!

The COVID-19 pandemic has rocked our community and left our public health system scrambling to ensure the safety of patients and the stability of our blood supply. Local hospitals have resumed performing the elective surgeries and procedures that were delayed since the start of the pandemic to conserve medical resources. This change will dramatically increase our community’s need for blood. And for that, from a community that just proved its awe-inspiring capacity to give, we are asking for more. But this is a challenge that we know together, Bound By Blood, we can meet. 

To step up to the challenge and expand our collection capacity, Bloodworks is now teaming up with several community partners to host new Pop-Up Donor Centers throughout our region. And there’s one coming up near you with UW Medicine in South Lake Union – make your appointment today!

Pop Up Donor Center @ UW Medicine Lake Union
SLU Admin Building, Room 123 A & B
850 Republican Street
Seattle, WA 98109

 

BOOK YOUR DONATION TIME TODAY!

JUST LISTED | WEST SEATTLE MODERN

WELCOME HOME TO WESTWOOD!

house-front-vert-200x300 JUST LISTED | WEST SEATTLE MODERN

8141 Delridge Way SW, Seattle WA 98146

List Price: $675,000

Just a few blocks from Westwood Village’s restaurants & shops, this fantastic 4 bedroom home lives large! The open concept floor plan is centered around a sleek island kitchen, extra tall ceilings and abundant natural light. Upgrades include mini-splits & high-end appliances. One bedroom and bath are on the lower level. Topping off the design are two more bedrooms plus your master suite. Attached garage and outdoor patio. Fabulous location with a straight shot to freeways, airport or downtown!

 

For more information or a private showing please click here. 

Laurie Way Announces – Half an Acre + on Queen Anne!

WELCOME HOME TO QUEEN ANNE

DJI_0068-300x196 Laurie Way Announces - Half an Acre + on Queen Anne!1217-W-Howe-panoramic-300x93 Laurie Way Announces - Half an Acre + on Queen Anne!

1217 W Howe Street

Offered for $2,900,000

BEDS 3 | BATHS 2.50 | SQUARE FEET 2,710 | LOT SQUARE FOOTAGE 24,696 | MLS#1447718

RARE opportunity on West Queen Anne for Urban Estate! 24,696 sf mostly flat (LR1). Surrounded by park/greenbelt on 3 sides for complete privacy! Make you dream come true! Build an estate/compound/homestead/develop! High Walk-Score. Extensive gardens/bright and sunny/views from south lots. 100-year old house/extensive gardens adds value to the massive amount of land available! Remodel or live in home while building your dream. Room for pool/tennis courts/chickens/bees/arboretum and so much more!

For more information  or a private tour of the property click here.

Laurie Way Announces – Inner City Oasis – 613 E Highland Drive #3

Welcome Home to Capitol Hill

613 E Highland Drive #3

Offered at $1,175,000

BEDS 2  |  BATHS 2.50  |  SQUARE FEET 2,114  |  MLS#1444697

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Looking for Zen in Seattle? Exquisite remodel with designer finishes sure to please! Tranquil setting nestled in Capitol Hill’s west slope with sweeping views of Lake Union, Queen Anne & more! Backs to a verdant greenbelt! Minutes to South Lake Union including Amazon, Google, Facebook and tons of restaurants. Serene & private with incredible outdoor living of 3 decks and a patio! Versatile 2-bedroom plus 2 bonus rooms sanctuary comes with storage, private 2-car garage and lots of guest parking! Don’t miss this rare opportunity!

For more information or a private showing, please visit here

 

Client Appreciation Event 2019 THIS SATURDAY!

FREE-CLIENT-APPREICATION-RECYCLING-SHREDDING-EVENT Client Appreciation Event 2019 THIS SATURDAY!

 

It’s that time of year again! Sunshine, spring cleaning, tax returns and my annual free secure shredding, electronics recycling and donation event.

I’ll provide Starbucks coffee, Top Pot donuts and lunch from Dante’s Inferno dogs. Celebrate Earth Day early and enjoy a Seattle cream cheese dog by the lake on me!

3R Technology will be there accepting:
TVs & Monitors – LCD and Plasma
Computers & Laptops
Servers & Networking Equipment
All Printers, Fax Machines, and Scanners
A/V Equipment (DVD/VHS/Stereo units)
UPS Battery Backups
Telecom Equipment & Cell Phones, Keyboards and Mice
Parts, Peripherals, Cables, etc.,
Microwaves too!

Northwest Center will also have a truck on hand for:
Clothing / Shoes
Household items
Sporting equipment

And Confidential Data Disposal for your secure shredding:
Mobile data disposal service provides on-site destruction which assures you of information security – and peace of mind.

A special thank you to all of my clients who have bought or sold homes with me to make this event possible!

 

What Makes Seattle an Ideal City for Seniors

What Makes Seattle an Ideal City for Seniors

From the infamous Space Needle to the water taxi, Seattle has a lot that makes it unique, and we hope seniors looking for retirement options will think so too. Here in the Emerald City, you won’t want to tap your heels three times and return to previous locations. You’ll be too busy enjoying your retirement and taking advantage of everything Seattle has to offer — from stellar public transit services to free college degree opportunities for seniors. Let’s take a look at what makes the area one of the best cities for retirement.

A Potential Break on Taxes

Let’s be honest: Seattle is not going to be the cheapest place a senior can live. Although the city is competitive with other major metro areas when it comes to certain costs, median home prices in the area are double that of the national average. Luckily, seniors can get a bit of a break on taxes to offset housing costs. First, Washington doesn’t have a state income tax — no need to even fool with forms. Second, King County offers potential exemptions on property tax for seniors who meet income requirements.

The Opportunity to Learn More

Have you wanted to go back to college for years but simply couldn’t find the time while balancing a career, family and other obligations? Seattle colleges make it possible to earn a bachelor’s degree during retirement almost for free. Seattle Pacific University, for example, offers tuition-free education for those over age 65. You can choose to audit any number of classes as a nonmatriculated student just to broaden your horizons, but you can also work on a bachelor’s degree. Tuition and technology fees are covered, but you may have to pay specific class fees.

Numerous Housing Options

Seniors can find almost any type of home in Seattle. If you’re into stand-alone, single-residence structures, we recommend traditional ranch homes or contemporary modern designs that make use of open-space concepts. The goal is to find a home likely to support you long-term, and Seattle has plenty of properties with floor plans that accommodate options such as wheelchairs or walkers. You might also consider condo units to reduce outdoor maintenance requirements or one of the city’s senior living communities, where you can access 24-hour assistance and never worry about housekeeping tasks.

So Many Public Transportation Options

Seniors in Seattle can come and go on foot or by bus, train, streetcar or boat, depending on where they choose to settle. The city has a wide array of public transit options, and seniors can often take advantage of discounted fares. King County Metro, for example, offers reduced fares for those older than 65 throughout the Puget Sound Region. That includes fares for numerous bus lines, the King County Water Taxi, Washington State Ferries and Seattle Streetcars. 

Excellent Health Care Providers

Seattle is home to top-notch medical facilities. The University of Washington Medical Center has more than 900 doctors on staff and is rated highly by U.S. News & World Report in numerous specialties, including geriatrics, oncology, and endocrinology. Downtown, seniors can seek comprehensive urgent and specialty care from the Virginia Mason Seattle Medical Center, and in West Seattle, residents can turn to Swedish West Seattle Primary Care for preventative care and minor emergencies. Other medical centers pepper the landscape throughout the city, so seniors in any neighborhood won’t need to travel far to get care for intermittent illnesses or chronic conditions.

 We love Seattle and all that it has to offer and think seniors will too. We’d love to hear your retirement stories of choosing a home or living in Seattle.

REAL ESTATE TERMINOLOGY

I know that while I am used to using and seeing these terms on a daily basis, my clients might need a reference to all the terms they hear during the transaction process so I put together a list of words and their definitions that you will hear over the course of a transaction.

 

Adjustable Rate Mortgage (ARM)- The interest rate is tied to a financial index making the monthly mortgage payment go up or down over time.

Annual Percentage Rate (APR)- The percent of interest that will be charged on a home loan.

Appraisal- A report highlighting the estimated value of the property completed by a qualified 3rd party. This is typically done for the benefit of the buyer to ensure the property is worth what they are paying.

Association Fee/HOA Fee- In addition to a mortgage, certain housing communities such as townhomes have a monthly fee associated with maintaining the common areas and amenities.

Balloon Mortgage- A long-term mortgage loan that starts small but as a large payment due at maturity.

Closing- This is the final meeting where the buyer and seller sign the necessary paperwork, complete the transaction, and release/take possession of the property. Usually the representing agents and attorneys attend.

Closing Costs- The buyer and the seller have expenses associated with the transaction other than that of the actual cost of the home. For example, the buyer has a variety of fees due for obtaining a new loan and the seller must pay commission to both agents.

Closing Disclosure- A form that provides the final details about the mortgage loan. It includes loan terms, projected monthly payments, and how much the extra fees will be.

Collateral – Something of value (in this case your home) that is held to ensure repayment of a mortgage or loan.

Commission- A percent of the sale price of the home that is paid to agents. The seller pays commission to both the buyer and listing agent.

Comparables- Homes in the  area of interest that have recently sold that have similar features.

Contingencies- Conditions which must be met in order to close. Contingencies are typically tied to a date, referred to as a deadline. If the contingency is not satisfied the contract may be cancelled.

Counteroffer- The response from the seller in regard to an offer.

Debt to Income Ratio- A lender will look at a borrowers debt versus income to determine the amount of loan they are eligible for and if they can repay their debt plus the home loan.

Down Payment- A percent of the cost of the property that is paid up front as part of the mortgage.

Earnest Money –  The deposit made from the buyer to the seller when submitting an offer. This deposit is typically held in trust by a third party. Upon closing the money will generally be applied to the payment or closing cost.

Escrow-  This term has multiple  meanings; earnest money is typically held by a third party until closing in “escrow” .  It can also be referred to as the time period from when the contract is written and accepted by the seller to when the home actually closes.

Equity- The difference in the market value of a home versus what is owed on the home.

FHA- A mortgage that is financed through a private lender and insured by the Federal Housing Administration, often requiring a lower down payment and income to qualify.

Fixed Rate- The interest rate will  remain the same for the entire life of the mortgage.

Home Equity Line of Credit- A loan or line of credit that is determined based on the equity or homes value after subtracting the loans owed.

Home Inspection- The process in which a professional inspects the seller’s home for issues that are not openly apparent, then creates a report for the buyer to review.

Home Protection Plan- An annual service that covers the cost of repairs or replacements to items covered in the plan; items like stoves, washer/dryers, etc.

Hybrid- A loan that starts with a fixed rate period, then converts to an adjustable rate.

Mortgage Insurance- Insurance written in connection with a mortgage loan that protects the lender in the event the borrow cannot repay their loan. This is usually not required if the borrower has 20% or more for the down payment.

Mortgage Note- A promise to pay a sum of money at a standard interest rate during a specific term that is secured by a mortgage.

Multiple Listing Service (MLS)- The National list of real estate properties that are available for sale. These are the most reliable sources to receive up-to-date listing information.

Pre-Approval- The process in which a buyer must provide a mortgage professional the appropriate information on income, debts, and assets that will be used to make the initial credit loan decision.

Pre-Qualification- Once approved for a loan, this is the process in which the maximum sale price, loan amount, and monthly payments are calculated for the borrower. This is not a loan approval however, it is useful to know prior to searching for a home.

Principal- The underlying amount of the loan which is actually borrowed.

Property Taxes- These are the taxes that are enforced by the city, town, county, and state government entities. These taxes are included in the total monthly mortgage payment and are held in escrow by the lender.

REO- Real Estate Owned properties or foreclosed properties currently owned by a financial institution such as the bank that made the loan to the previous owner.

Reverse Mortgage- This is specifically for seniors and it allows them to convert the equity in the home to cash.

Short Sale- A situation when the seller’s lender is willing to accept an offer and allows the sale to completed for an amount less than the mortgage amount owed by the seller.

Title- A legal document proving current and proper ownership of the property. Also referred to as a Title Deed, this document highlights the history of property ownership and transfers.

Underwriting- The process in which the potential home buyer is evaluated for their financial ability to repay a loan. This normally consists of a credit check and appraisal of the property.

VA Loan-  Loans that are given to Americans who have served in the armed forces. They are administered by the Department of Veteran Affairs.