Every time I write a Purchase and Sale Contract (Form 21) for my buyer clients I am obligated by the contract terms to collect the earnest money.  The Purchase and Sale Contract spells out in detail what happens to this earnest money.

Earnest Money. Buyer shall deliver the Earnest Money within 2 days after mutual acceptance of this Agreement
to Selling Broker who will deposit any check to be held by Selling Firm, or deliver any Earnest Money to be held by Closing Agent, within 3 days of receipt or mutual acceptance, whichever occurs later.

There is no need to worry about your money, it will be placed in a trust account at either the selling brokerage or at the closing agent office, which is usually an escrow company.  When it comes time to close your transaction you will see a credit for your earnest money on your closing statement.  It really is still yours.

During the month of December there were 21 homes that sold in Covington, Washington. These homes all have the city listed as Covington. There are more homes sold in the area that are located outside the Covington City limits and will be reported in the Kent October stats.

These Covington WA homes actually had a transfer of home ownership. Contracts complete, cash or lender funds available, buyer and seller have signed all of their documents that escrow prepared for the closing. Once all the I’s were dotted and the T’s crossed there where deeds recorded at the King County courthouse that transferred the property into the new home owner’s name!

If you want to learn more about how we transfer property in Washington State a really great site to visit is the Escrow Association of Washington site. There you can find definitions and explanations of the home buying process for Covington Washington.

Let’s look at those 21 Covington homes -
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Not a bad time to purchase a home in Covington, Washington. Prices are down, interest rates are at an all time low you might want to look at what it means to you.

What do these numbers mean? Is it a good time to buy? Is it a good time to sell. It all depends on your individual situation. I would rather buy in a buyers market and I would rather sell in a buyers market if I have to buy another home with the proceeds. I am a fan of the NORMAL market – everyone can feel more comfortable and real estate transactions are not as stressful.

If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a FREE Market Analysis.

If you would like to purchase a home in the King County Real Estate Area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.

“Statistics not compiled or published by NWMLS.” Equal Opportunity Housing All information deemed reliable, but not guaranteed”

During the month of December Auburn had 90 homes sell. This includes detached homes, town-homes and manufactured homes on owned land. How exciting to be in a new home for all of the family gatherings! Below you will see a map with some Auburn, WA sold homes.

These Auburn WA homes actually had a transfer of home ownership. Contracts complete and Lender funds available. The home buyer and seller signed all of their documents and escrow prepared the closing packages. Once all the I’s were dotted and the T’s crossed there where deeds recorded at the King County courthouse that transferred the property into the new home owner’s name!

If you want to learn more about how we transfer property in Washington State a really great site to visit is the Escrow Association of Washington site. There you can find definitions and explanations of the home buying process for Auburn Washington.

Let’s look at those 90 Auburn homes -

Not a bad time to purchase a home in Auburn, Washington. Prices are down, interest rates are at an all time low you might want to look at what it means to you.

What do these numbers mean? Is it a good time to buy? Is it a good time to sell. It all depends on your individual situation. I would rather buy in a buyers market and I would rather sell in a buyers market if I have to buy another home with the proceeds. I am a fan of the NORMAL market – everyone can feel more comfortable and real estate transactions are not as stressful.

If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a FREE Market Analysis.

If you would like to purchase a home in the King County Real Estate Area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.

Below you will find all of the homes that have sold in Auburn for the year. If you would like to see just this months sales then send us an email and we will get the data to you. This search starts with the low to high price option.

“Statistics not compiled or published by NWMLS.” Equal Opportunity Housing All information deemed reliable, but not guaranteed”

During the month of November there were 26 homes that sold in Covington, Washington. This is almost double homes sold than October! These homes all have the city listed as Covington. There are more homes sold in the area that are located outside the Covington City limits and will be reported in the Kent October stats.

These Covington WA homes actually had a transfer of home ownership. Contracts complete, cash or lender funds available, buyer and seller have signed all of their documents that escrow prepared for the closing. Once all the I’s were dotted and the T’s crossed there where deeds recorded at the King County courthouse that transferred the property into the new home owner’s name!

If you want to learn more about how we transfer property in Washington State a really great site to visit is the Escrow Association of Washington site. There you can find definitions and explanations of the home buying process for Covington Washington.

Let’s look at those 26 Covington homes -

Covington WA November Homes Sold 2011

Not a bad time to purchase a home in Covington, Washington. Prices are down, interest rates are at an all time low you might want to look at what it means to you.

What do these numbers mean? Is it a good time to buy? Is it a good time to sell. It all depends on your individual situation. I would rather buy in a buyers market and I would rather sell in a buyers market if I have to buy another home with the proceeds. I am a fan of the NORMAL market – everyone can feel more comfortable and real estate transactions are not as stressful.

If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a FREE Market Analysis.

If you would like to purchase a home in the King County Real Estate Area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.

“Statistics not compiled or published by NWMLS.” Equal Opportunity Housing All information deemed reliable, but not guaranteed”

During the month of November there were 81 homes (residential excludes condos) that sold in Kent, Washington. These homes all have the city listed as Kent which would include areas of unincorporated King County. Any of the homes out in Covington that are not in the Covington City limits will be reported in the Kent market data.

If you would like to see stats for an individual neighborhood just fill out the form below and we can get the information to you. These Kent WA homes actually had a transfer of home ownership. Contracts complete and lender funds available for the home buyer. The seller signed all of their documents and escrow prepared the closing packages for all parties. Once all the I’s were dotted and the T’s crossed there where deeds recorded at the King County courthouse that transferred the property into the new home owner’s name!

If you want to learn more about how we transfer property in Washington State a really great site to visit is the Escrow Association of Washington site. There you can find definitions and explanations of the home buying process for Kent Washington.

Let’s look at those 81 Kent homes -

Kent WA November Homes Sold 2011

Not a bad time to purchase a home in Kent, Washington. Prices are down, interest rates are at an all time low you might want to look at what it means to you.

What do these numbers mean? Is it a good time to buy? Is it a good time to sell. It all depends on your individual situation. I would rather buy in a buyers market and I would rather sell in a buyers market if I have to buy another home with the proceeds. I am a fan of the NORMAL market – everyone can feel more comfortable and real estate transactions are not as stressful.

If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a FREE Market Analysis.

If you would like to purchase a home in the King County Real Estate Area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.

Have a Question? We have an Answer! Click and Ask.

“Statistics not compiled or published by NWMLS.” Equal Opportunity Housing All information deemed reliable, but not guaranteed”

During the month of November Auburn had 55 homes sell. This includes detached homes, town-homes and manufactured homes on owned land.  All of these home buyers will probably be in their new homes before the holidays! How exciting to be in a new home for all of the family gatherings!

These Auburn WA homes actually had a transfer of home ownership.   Contracts complete and Lender funds available. The home buyer and seller signed all of their documents and escrow prepared the closing packages. Once all the I’s were dotted and the T’s crossed there where deeds recorded at the King County courthouse that transferred the property into the new home owner’s name!

If you want to learn more about how we transfer property in Washington State a really great site to visit is the Escrow Association of Washington site. There you can find definitions and explanations of the home buying process for Auburn Washington.

Let’s look at those 55 Auburn homes -

What do these numbers mean? Is it a good time to buy? Is it a good time to sell. It all depends on your individual situation. I would rather buy in a buyers market and I would rather sell in a buyers market if I have to buy another home with the proceeds. I am a fan of the NORMAL market – everyone can feel more comfortable and real estate transactions are not as stressful.

If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a FREE Market Analysis.

If you would like to purchase a home in the King County Real Estate Area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.

“Statistics not compiled or published by NWMLS.” Equal Opportunity Housing All information deemed reliable, but not guaranteed”

Buying a home in so exciting in itself but buying a brand spanking new home is out of this world! Watching the process from the foundation forms being laid to the roofing material being delivered can be very exciting. Sure, you have to wait a few months before you can move in, but that wait is full of choosing colors and carpets and planning how to decorate that special loft area over looking the staircase. There is nothing else like it in the real estate world.

I haven’t specialized in new construction over the last couple of years, but have decided to get back to it. Since I sold hundreds of homes in the Kent area during the years of 1996 through 2001 I decided to specialize in Kent once again. I enjoy the Kent area, raised a family there, became involved with the Kent School District and enjoyed all that the area has to offer.

I thought I would see what has been happening in the area over the last several years. I left the area in 2003 so I thought that would be a good year to start. I have included a chart with the number of homes sold during the last 8 years. New construction was hit hard in the area. Some builders lost their projects to the banks and some builders stopped building entirely. Prices for new homes have come down and some new construction sites are hopping. Contact me and we can get you all the information you need.

Kent New Homes Sold 2003 to 2010

Currently in Kent there are 29 new homes to choose from that are complete and ready to move into. These brand new homes start at the amazing price of $239,950, for a 3 bedroom 2.5 bath almost 1700 sq ft home! If you need more bedrooms there is one that is 5 bedrooms for $369,000 that is almost 2800 sq ft. Wow!

If you want me to send you this list just fill out the form below and I will send it. Just put the words “Home for the New Year” in the message section of the contact form.

During the month of October there were 61 homes that sold in Auburn, Washington. These Auburn WA homes actually had a transfer of home ownership. Contracts complete and Lender funds available the home buyer and seller signed all of their documents as escrow prepared the closing packages. Once all the I’s were dotted and the T’s crossed there where deeds recorded at the King County courthouse that transferred the property into the new home owner’s name!

If you want to learn more about how we transfer property in Washington State a really great site to visit is the Escrow Association of Washington site. There you can find definitions and explanations of the home buying process for Auburn Washington.

Let’s look at those 61 Auburn homes -

Auburn WA October Homes Sold 2011

Not a bad time to purchase a home in Auburn, Washington. Prices are down, interest rates are at an all time low you might want to look at what it means to you.

What do these numbers mean? Is it a good time to buy? Is it a good time to sell. It all depends on your individual situation. I would rather buy in a buyers market and I would rather sell in a buyers market if I have to buy another home with the proceeds. I am a fan of the NORMAL market – everyone can feel more comfortable and real estate transactions are not as stressful.

If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a FREE Market Analysis.

If you would like to purchase a home in the King County Real Estate Area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.

“Statistics not compiled or published by NWMLS.” Equal Opportunity Housing All information deemed reliable, but not guaranteed”