Bothell Condo Investment Opportunities There are plenty of Bothell condo investment opportunities available right now and the timing is right to just take the plunge and get your hands on one now. More and more people are looking for condos to rent since there aren’t enough apartments available to fill the rental need. You can supply these people with your own condo to rent and pocket a nice tidy profit by doing so. Profits are everything The only way you can make a Bothell condo investment work for you is by firmly establishing ahead of time that you will be heading towards profit. If you have never been involved in a real estate transaction before you’ll need to get some help with this. Contact your Bothell real estate agent and let him know that you need some expert advice. He’ll le... 02/06/2012

What was the real estate market like at Canyon Ridge Condominiums in 2010? Condo sales values in Canyon Ridge Condominiums were much stronger than the 2011 sales report by 27%. The values of condos in 2010 were very stable due to NO short sales or foreclosures being sold in the whole community. The big difference in price comes in 2011, when the first foreclosure shows up and sold for $105,000 while the median price in 2011 without the foreclosure would have been $202,500... OOOOUCH!   Sales in 2010 had a 26% higher $/SQFT (price per square feet) than 2011. The median sales price was $230,625 with the lowest sale being at $197,000. There were four sales in 2010 in comparison to only three in 2011, and one being a foreclosure that has brought values down dramatically. Let's hope that 201... 01/25/2012

2011 Market Report Condos for Bothell, Washington2011 Market Report Condos for Bothell, WashingtonReal estate and politics were on a lot of residents minds this last year. Now that the year is over we can report activity, averages and trends.Bothell real estate activity was brisk based on the available data and the experience of the Phil Leng Team. We have sold many homes in Bothell this past year, with an average market time of 49 days!However the overall statistics for Bothell are sobering. Which of these two categories do you want to be in? The red category, or the green category? If you use The Phil Leng Team to sell your property this year, we will help you get into the sold category.  Let's go Green!The trend of median sold prices in Bothell is down dramatically from this next gra... 01/22/2012

Here are Canyon Ridge Condominiums Real Estate Market Stats for 2011- Bothell, WA. You would think that a condo community of 75 units would have around 10-20% of sales each year, but 2011 was a slooow year. Canyon Ridge Condominiums only had three sales, two being traditional and one being a foreclosure (REO).   The graphs show that values were all over the board with a foreclosure selling at $105,000 and the other two sales were traditional "non-distressed" selling just shy above $200,000. Canyon Ridge Condominums Market Report 2011- Days on Market Canyon Ridge Condominiums Market Report 2011- $/SQFT Canyon Ridge Condominiums Market Report 2011- Original vs. Sold Prices Its clear that the real estate market is slow, but its even slower for condominiums and going into 2012... I believe ... 01/22/2012

2011 Market Report for Bothell, Washington2011 Market Report for Bothell, WashingtonReal estate was on a lot of peoples minds in 2011. Many of us tend to gear the economy and our perceptions with what's going on.  Now that 2011 is over we can review and report activity, averages and trends  Garnished with a generous pinch of professional opinions, of course.Bothell real estate activity was very brisk and growing stronger.  Embedded in an area of high-tech employment and business this area has been somewhat insulated from much of the negative real estate effects, based on the experiences and history of the Phil Leng Team.  We have sold many homes in this past year, with an average market time of 49 days.  Buyers have achieved their time and budgetary constraints consistently and happily.... 01/10/2012

Sonoma Villero Condominiums - Market sales report for 2011... it has been a very slow year for sales in Sonoma Villero. Most of the sales came from distressted property - short sales and foreclosures (REO's). There were a total of "TWO" sales that were not distressed, both were had their homes from the begining (original homeowners). Here is a list of all the sales trends for Sonoma Villero - from only sold units, to comparing all total sales for the last four years. The results are shocking, and thats due to homeowners buying at the peak of the real estate market and then getting caught in the crosshairs of the financial meltdown. See the charts for yourself and compare last year to the other previous years; Sonoma Villero "Total closed sales" 2008-2011 Sonoma Villero "Median Sales Pri... 01/09/2012

Do you live in Sonoma Villero Condominiums, and would like to sell your condo/townhome? We can help... as a real estate broker that sold Sonoma Villero when it was new construction, I know all the details of the community very well and how it has changed since selling them in early 2000. Sonoma Villero is a home to me as it is to you. Being there 5-6days a week at the sales office for two years, makes me somewhat of a resident, wouldn't you agree. I have had the privilege of meeting just about all the homeowners at Sonoma Villero. What is Your Home Worth? Receive a custom evaluation for your home, including comparisons to other homes that have recently sold or are on the market. This guarantees you receive the most accurate information available. We can help you by selling as a traditio... 01/09/2012

Search condos and townhomes for sale in Sonoma Villero, Bothell,WA. There are exceptional opportunities in this amazing community, as it offers 1,2, and 3BR condos and townhomes. Sonoma Villero received the prestigious award " Community of the Year 2000" by MAME. Sonoma Villero is loceted just off I-405 in Bothell, in the NORTHSHORT School disctirct (great disctrict), offers a cabana, pool, jacuzzi, work out room, place to wash your car, pet friendly. Many homeowners choose Sonoma Villero for these great reasons, but also becasue its close to a park-n-ride, shopping centers, parks, and wine country... minutes to Downtown Woodinville. Search for condos and townhomes for sale in Sonoma Villero (link below). Sonoma Villero 16125-Juanita Woodinville Way NE, Bothell, WA 98011 San Francisco s... 01/09/2012

96 New Homes under $400K in Bothell You might find a limited selection of new homes in the Seattle (51) and when shopping for a new construction in the Kirkland market you need to start looking at about $500k and up.  Relax, take a deep breath and look at the available the large selection of new construction in Bothell area to select from. Bothell is a 28 minute drive from downtown Seattle and is 15 minutes from downtown Kirkland. In Bothell you can find a contemporary elegant craftsman style townhome 2 bedroom 2 ¼ bathroom home starting at $237,500 or a freestanding 3 bedroom 2.5 bathroom 1525 square foot house for $259,950 with a lender credits available.  No matter what your housing need may be Bothell has a wide selection of inventory of new homes to choose from. This blog is court... 01/06/2012

It’s easy to get caught up in the excitement of buying a Bothell house, especially if it is your first home. If you are not careful, though, you may fall into the trap that ensnares many first-time homebuyers – trying to buy more house than you can afford. What throws homebuyers off the most, however, is trying to impress their friends, family members, and even associates by purchasing a bigger house than they really need. Let’s face it. Human beings are social animals and conditioned to seek the approval of our peers. If people in your social network have five bedroom homes sitting on two acres of land, chances are pretty good that you will strive to attain that as well, even if you don’t have enough money to pay for it. To prevent yourself from purchasing more Bothell house than you c... 01/01/2012

26 Long Days in December26 Long Days in DecemberWe made the offer on December 2, 2011. This was our fourth offer, so my buyer was well versed in the process.On this particular bank owned condo, we offered full price, no seller contribution for closing costs, and a full 20% down payment.We thought the bank would be eager to accept such a great offer.A week passed. Then two. My buyer is very eager, so we had lots of communication during the two weeks.Our offer had been presented but rejected because it was sent as a tiff file and the print was not clear enough.My out of state buyer went to an Office Max and paid to have the same offer scanned.Then we got a bank addendum back. We had to sign it first. We signed and it was sent back from Office Max as well.Then the full bank addendum was se... 12/28/2011

Keeping Your Children Safe When Selling Your Bothell Home  There is something that a lot of people don’t take into account when they are selling their Bothell home. This is their children’s safety. You are going to be having a lot of strangers walking through your home in the next few weeks or months and your children’s safety should always be a top concern. Here are some tips that you should follow to keep your children safe while you have your Bothell Home on the market. 1. If somebody walks up to your home and knocks on your door for a viewing, let them know that you want to talk to their real estate agent first. You can ask for their agent’s number while they wait and you can give them a call. This will let you know whether they are really a person in the market for a new home. If ... 12/28/2011

  Selling a Bothell Home with a Pest Problem The problem with a bug infestation is that it is often difficult to get rid of pests once they have taken up residence in your house. While bugs are an inescapable part of living on Earth, no one likes to share a home with them. If you are selling a Bothell home with a pest problem, it may be difficult, but not impossible, to find a buyer willing to deal with it. It goes without saying that you should first do everything you can to get rid of the pests. Extermination companies abound, and hiring one can protect your Bothell home and its market value. Let the exterminator now that you are selling the house, and work with him or her on ways to minimize the evidence of pest extermination. Invest in repairing any damage caused by the bugs. Not o... 12/26/2011

Selling Your Bothell Land - Quick Tips for a Fast Sale When you are ready to sell your piece of real estate, you probably want to sell it quickly to minimize time, effort, and expense. There are a few things you can do when you are selling your Bothell area land that can ensure a quick turnaround. You want to hire a real estate agent when selling your Bothell land. Real estate agents have access to a network of people looking for property. Additionally, they can take advantage of numerous marketing venues to promote your piece of real estate to the largest pool of buyers possible. The time and money a real estate agent can save you is well worth the commission he or she charges. However, just because you are working with a real estate agent doesn’t mean you can’t do some marketing on y... 12/23/2011

Ways to Find the Perfect Piece of Bothell Real Estate for You If you are in the market for a new home or a piece of land, then you are probably wondering how best to find that perfect piece of Bothell real estate. In the past, you had to rely on an agent to guide you to available homes for sale. These days, however, you have many more options for finding property. One of the primary resources that will be immensely helpful in your search is the Internet. Lots of Bothell real estate agents and agencies have put their listings online. Simply navigate to their website and use the search function to narrow the listings to the ones that fit your needs. This is an excellent way to find property in your local area or other cities, states, and even countries if you are looking to relocate. Clas... 12/21/2011

Why Isn’t My Bothell House Selling?   Whether your home has been on the market for a few months or a few years, you may be wondering why your Bothell house selling efforts are not producing the results you want. When it’s a buyer’s market, even the slightest slip can cause potential homebuyers to give a pass to your house. Here are a few reasons why people aren’t putting in offers for your home. Overpricing your home (compare your home with others on the market) is one main reason why a house won’t sell. You may feel your home is worth a million dollars. If the value of similar homes on the market is only a few hundred thousand, however, then you are scaring away buyers before they even take a tour. Talk to your real estate agent and reevaluate the Bothell house selling price to make s... 12/19/2011

It is important to understand what "As-Is" means when it comes to a home for sale. Most bank owned homes and short sales are sold "As-Is", and with the current number of these types of sales listed on the market it is imperative that the home buyer understands what the term means. Purchasing a home "As-Is" basically means that the seller (bank or owner) is not willing to make any repairs to the property. You are buying the home in it's current condition. That could mean that the leaky roof or faulty electrical will be your responsibility to repair after closing. Every home buyer, but especially a buyer purchasing a home advertised "As-Is" should complete a home inspection. The results of the inspection will help you evaluate the condition of the property and alert you to any immediate r... 12/06/2011

Selling A Townhouse In Bothell -Targeting The Right Buyer What types of people are looking for a townhouse in Bothell? Narrow down your selection and you'll be able to better market your home. You see, marketing can be done very precisely when you figure out who your target market is, and that leads to a quicker home sale in almost every case. If you don't know the kind of people that are actively searching for Bothell townhouses, how can you point out the exact things that they are looking for? But it's my agent's job to do the advertising Technically yes, but he can't do it alone. There will be plenty of potential buyers that will want to speak to you directly about the Bothell townhome you are selling and you had better be ready to answer their questions. Families, families, familie... 11/29/2011

Benefits And Pitfalls Of Buying A Home Using A Private Lender In Bothell   If you are having a problem getting a mortgage with a bank or any other type of financial institution, you may be thinking about getting a private lender in Bothell. In a few cases this can work out, but for the most part you are better off waiting to improve your financial situation before going ahead with a private lender.  If you have been given a definite no from a bank regarding a mortgage, the first thing you need to do is find out why. Usually the answer will be given in a sentence or two such as “Your income doesn’t qualify you for a mortgage loan” or “You already have too much debt to handle”. These sentences, and ones like them, need to be qualified. You need to know exactly why you were turned down fo... 11/26/2011

  Understanding House Insurance When You Buy A Home In Bothell If you are about to purchase a new home in Bothell you're going to have to understand house insurance and how it works. Far too many times we hear stories about people that have lost everything from a fire and were not insured. Don't think that this can't happen to you. It can and you need to be prepared for the worst so that you can relax and know that if something terrible were to happen you would be covered. How much house insurance do I need? One fatal mistake that a lot of people make is ensuring the house according to how many the possessions inside are worth, as well as the house. You need to understand that if something were to happen you would have to replace all of these items. The cost of replacement is what need... 11/23/2011