By Courtney Cooper, Seattle Realtor, 206.850.8841, courtney@cooperjacobs.com, on March 31st, 2013%
Green Lake Home Owner Selling Tips: If you are thinking about moving right now, there are some different approaches you need to take to be successful. We have a list of qualified Green Lake buyers waiting for the right house to come on the market. You won't have any trouble selling your house. No one can argue that fact right now.
Inventory is low and it is common to have multiple offers numbering in the teens.
The issue is making sure you take full advantage of the the situation by maximizing the terms to your benefit.
Some of the considerations
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Where are you planning on moving and what are the market conditions there? If you plan on purchasing a Seattle home in Green Lake or another hot neighborhood, then you should be well prepared for making a competitive offer. Many people like to sell before moving, but in today's market if you have the ability at all to purchase and then sell your Green Lake home, then you have a safety net of making sure you secure your new home before you sell your current one.
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Pricing: We can get you far more money then you probably imagined for your home. That is just the reality of the situation right now. Let us know what your timeline is and we can give you a better idea of price as well as provide you with a detailed market analysis to show you what is going on on a day to day basis. Real estate changes daily and it is important to rely on an expert on the street.
Inspections, Preinspections, disclosures. Be prepared for buyers to preinspect your home before making an offer. This is so they can safely waive their inspection and offer you a stronger contract. Many buyers are also just waiving the inspection without preinspecting. In addition to a traditional structural inspection, many buyers are having a sewer scope performed on homes they are putting offers in on. Be prepared to possibly disclose newly discovered information about your home as a result of things that could come up in negotiations if you accept an offer subject to inspection. Choosing an offer that has either completely waived the inspection or has waived it based on a preinspection protects you from the possibility of having to disclose additional information you may not otherwise have knowledge of.
There are more things to consider. I am happy to sit down with you and discuss your particular situation to help you gain the biggest return on your hard earned investment.
Green Lake is a wonderful Seattle neighborhood – if you are interested in Green Lake homes for sale, please let us know what we can do for you. We have excellent Green Lake listing agents and also some of the very best Green Lake Realtors for buyers.
courtney@cooperjacobs.com
By Molly Cartwright, Realtor, Cooper Jacobs Real Estate, Molly@CooperJacobs.com, 206-841-6800, on January 19th, 2013%
Is Seattle’s real estate turning into E-Bay?
 It’s a fact that Seattle’s real estate market is looking more like spring time in the Pacific Northwest; not the quiet winter month’s people tend to expect. Buyers are out in full force and it’s not unusual to have 100 buyers through a Saturday or Sunday open house. This is simply due to supply and demand: low inventory of homes for sale. Are buyers frustrated or has it become the norm? Is Seattle real estate turning into E-Bay?
I couldn’t help but smile when my client asked me if the property I was showing him was going to turn into an E-Bay auction. The property was a luxury home and on the market for less than 24 hours. I simply told him “yes”. I then followed by “but what do you have to lose?” If you don’t try then you’ll never know.
Here’s the deal: buyers will either see a new listing (priced accordingly) and the listing agent delays reviewing any offers after 6 days of market exposure. Or buyers will see a new listing where the listing agent omits this remark and its first come, first serve. I’ve sold several homes by just being first in this instance. It saves buyers a lot of money and anxiety. Thankfully I’ve had buyers who are accessible and are motivated to meet me at the property very quickly. If you run into the first scenario, however, chances are the property will most likely go to “the highest bidder”. So how do you get there?
Have a buyer’s agent who is on the ball and can educate you about the market. I’ve seen things selling for about 7% over list price or about $50k. Obviously buyers need to have their finances together. I haven’t seen an FHA in a long, long time. Everything is conventional or cash now. Good thing interest rates are crazy low right now. Get the home pre-inspected IF IT MAKES SENSE TO. If it’s a short sale, probably don’t need to get it pre-inspected. Buyers: if you can’t go enough above the list price (and this is where a good buyer’s agent comes in) then don’t waste $300 to $500 for a pre-inspection. There are other terms and conditions and of course every situation is unique. Feel free to contact me if you’d like more market conditions or making your offer stand out.
I don’t see buyers getting frustrated, at least not the buyers I’m working with. I see more buyers making more offers and if I didn’t know better, I think they’re enjoying the excitement.
Oh and my client with the E-Bay question got the house of his dreams, with multiple offers and his family moves in next month.
See ya next time,
Molly Cartwright, Broker and Green Lake resident
molly@cooperjacobs.com
direct 206.841.6800
By Molly Cartwright, Realtor, Cooper Jacobs Real Estate, Molly@CooperJacobs.com, 206-841-6800, on December 4th, 2012%
Wallingford Home Sales
While Wallingford’s population is greater than Green Lake or Phinney Ridge, it had fewer closings for the month of November, showing buyers and sellers just how tight the inventory continues to be in the desireable Wallingford neighborhood.
Wallingford saw ten home sales in the month of November with a median price of $585,000, an uptick from the month before. The highest sale in November was $1.049,000.00 and the lowest sale was a $169,000.00 condo. I have plenty of reasons why it’s the right time for a seller to list their home right now in Seattle’s NE and NW neighborhoods.
More of your questions happily answered by emailing me at molly@cooperjacobs.com
By Molly Cartwright, Realtor, Cooper Jacobs Real Estate, Molly@CooperJacobs.com, 206-841-6800, on November 5th, 2012%
How To Buy When You Already Own
Do you own your home or condo but want to sell it and buy something with more space, a different location, or perhaps a view? 
One option is to take out a HELOC. A Home Equity Line of Credit (ask me for a lender with great programs of these right now) lets you take out a certain percentage of your home’s equity to use as a downpayment on your new home. To find out how much equity you have, contact a Realtor, like myself, to research the value of your home (it changes ALL the time). If you have a certain percentage of equity, you can qualify for a new loan. And if you’re preapproved for your new home loan, I can get the home you want to sell prepped for the market pronto!
Another option is a bridge loan. A bridge loan has some ramifications though. They generally tend to have higher interest rates and need to be paid back in a specified amount of time. It’s like a short term loan on your current property to buy a different property. It’s all about timing with a bridge loan. You can find out more about bridge loans HERE.
You can always make an offer contingent on your home selling. This is perhaps the option offering the least amount of risk. Of course with our current market today, properties are moving fast and a contingent offer isn’t as clean as an offer with a definitive close date, for example. But if are you a homeowner considering the contingent offer option, consider the right list price and a home in tip-top shape, it won’t take long to sell.
molly a. cartwright | seattle realtor
cooper jacobs real estate, llc
206.841.6800
“Serving home buyers and sellers in Seattle’s most popular neighborhoods”
By Molly Cartwright, Realtor, Cooper Jacobs Real Estate, Molly@CooperJacobs.com, 206-841-6800, on October 13th, 2012%
Do you ever wonder how this real estate stuff works when you buy or sell a home? Who pays who in a real estate transaction?
 Over the years, I’ve had plenty of buyers ask me how much my realtor fees are if we work together. Likewise, I’ve had sellers shocked to find out what they have to pay for excise tax in our city. A seller’s net proceeds or a buyer’s closing cost worksheet are always in my back pocket to get down to an approximate number. Traditionally the commission percentage (which can vary) come from the seller’s wallet (sorry guys)…but that’s not to say there can be different scenarios.
So why am I a buyer’s agent? First of all, I absolutely love working with buyers! And secondly I LOVE looking at homes. I listen very carefully my clients. First we have to get through the NEEDS and then we talk about the WANTS. I love the satisfaction of walking into a home with my clients and they instantly fall in love with it. But more times than not, there are compromises so I’m all about letting my clients know what their options are. The permit process, the cost of remodeling, the little tweaks you can do here and there. It’s all so much fun to me and I can see the client getting excited as we proceed down the road.
The road is an exciting one too. I can probably explain the transaction process of buying or selling a home about 100 different ways depending on the client (unfortunately not in a 100 different languages because that would be really cool). Sometimes it’s a new home buyer, sometimes its an investor, and sometimes it’s a buy up or a buy down . I talk to the buyer about terms, the market, escrow, inspection, appraisal, the 21 page purchase and sale contract and specifically what to expect and what not to expect. It’s great! The anticipation of presenting a killer offer to the seller is my favorite. Are you interested in talking to me as a buyer’s agent? I’d be happy to talk to you too!
I HEART Green Lake (my ‘hood), Tangletown, Wallingford, Phinney, Ravenna and Ballard. Got car. Will travel.
molly a. cartwright | seattle realtor since 2001
cooper jacobs real estate, llc
206.841.6800 | cooperjacobs.com | greenlakeloop.com
“Serving home buyers and sellers in Seattle’s most popular neighborhoods”
By Courtney Cooper, Seattle Realtor, 206.850.8841, courtney@cooperjacobs.com, on October 7th, 2012%
Green Lake Real Estate Market Update $900k & Up:
Green Lake estate homes sold recently include:
- 6644 E Green Lake Way N: 4 days on the market listed for $900,000 and sold for $925,000
- 2344 N 62nd St: 7 days on the market listed for $925,000 and sold for $975,000
- 7611 W Green Lake Drive N: 4 days on the market listed for $965,000 and sold for $957,000
- 7621 W Green Lake Drive N: 23 days on the market listed for $1,189,000 and sold for $1,120,000
- 5726 Kirkwood Place N: 3 days on the market listed for $1,250,000 and sold for $1,225,000
The median sales price for these Green Lake homes sold is $975,000.
The average days on market for all of these combined is only 8 days.
Green Lake Seller Alert:
There is a demand for higher end Green Lake estate homes. I would like to offer you a clear plan on selling your Green Lake estate.
Green Lake is a wonderful Seattle neighborhood – if you are interested in Green Lake homes for sale, please let us know what we can do for you. We have excellent Green Lake listing agents and also some of the very best Green Lake Realtors for buyers.
Cooper Jacobs Real Estate is different and we want to show you why. courtney@cooperjacobs.com
By Molly Cartwright, Realtor, Cooper Jacobs Real Estate, Molly@CooperJacobs.com, 206-841-6800, on September 11th, 2012%
Ready To Sell? List of Things To Do
 Is Your Home Physically Fit? To give your home a competitive edge when it’s time to sell, make sure it is in good physical condition. This not only makes your home more attractive and desirable, it also simplifies the negotiation process when the time comes for the buyer’s pre-purchase inspection.According to home inspection experts, approximately half the resale homes in the market today have at least one significant defect. Routine maintenance is the best way to prevent major, costly problems from developing in the first place. If you have been putting off those repairs, now is the time to make them.
A Home Seller’s Check List
Over the years, I’ve identified a list of common problems that typically appear on buyer’s home inspection reports. Early correction of these problems can increase a home’s appeal and its selling price. It also sets the stage for a favorable home inspection report for the buyer, and thereby helps to expedite the sale. The following checklist can help you achieve these marketing goals.
1. CHECK THE MAJOR SYSTEMS
After size, style, and location, a home buyer’s primary concern is the condition of the home’s basic structure and major mechanical systems. Most buyers do not want to invest a great deal of money correcting problems in such critical areas. A pre-listing home inspection of the visible and accessible home components can reveal most of these problems, and include recommended repairs, if needed, on the following major items: Roof structure and covering. Foundation, basement, and/or crawl space. Central heating and air conditioning systems. Electrical system. Plumbing system.
2. MAKE MAINTENANCE IMPROVEMENTS
A number of maintenance improvements are relatively easy and inexpensive to make, yet they can substantially improve a home’s appearance, efficiency, and comfort. A professional home inspector may make helpful maintenance suggestions, such as: Trim trees and shrubs which touch or overhang the house. Apply new caulking and weather stripping as needed around windows and doors. Clean gutters of debris and leaves; repair or replace cracked or broken gutters, downspouts, and extensions to ensure proper drainage. Replace bathroom caulk or grouting where necessary to prevent seepage and improve appearance. Ventilate closed basements and crawl spaces, or install a dehumidifier, to prevent excessive moisture build-up. Regrade soil around the foundation, as needed to keep water away from the house. Replace dirty filters in the heating and air conditioning systems. Have the heating and air conditioning systems professionally serviced. Have chimneys professionally cleaned, and install chimney hoods or caps as needed.
If you’re thinking about selling, a pre-listing inspection isn’t necessarily a bad idea. I have inspector referrals if you are interested. Feel free to contact me for more information about listing your home!
Molly Cartwright, Broker
(206) 841-6800
Molly@CooperJacobs.com
By Cooper Jacobs Real Estate: www.CooperJacobs.com: 206-236-9696, on September 10th, 2012%
1/2 mile to the Green Lake loop…
NEW LISTING!
9254 Wallingford Avenue N. Seattle, WA 98103
MLS No. 402104
$559,000
Value & versatility everywhere you look including wonderful mother-in law area, full bath and utility room all with quality construction. The homes theme is light and spacious and designed with an open floor plan. Three bedrooms on main floor plus superb chef’s kitchen. The lower level hosts a fourth bedroom, extra room for big office, full bath AND utility & storage area. Terrific access to freeways, shopping, sought after schools and more neighborhood amenities. This home’s plumbing & electrical has been updated! Also, find new roof & fresh stylish paint to bring this property to the top of it’s competition. Take a tour and you’ll see that it’s built to impress.
Please contact Nancy House with any questions about this new listing:
206-854-2767
Cooper Jacobs Real Estate
By Molly Cartwright, Realtor, Cooper Jacobs Real Estate, Molly@CooperJacobs.com, 206-841-6800, on June 14th, 2012%
These days if you’re in the market to buy a piece of Green Lake real estate, act fast. Green Lake is one of the highest ranked neighborhoods for number of successfully closed transactions in the month of May with 167 sold homes…in one month! Green Lake, Wallingford, and Ballard combined closed 167 homes in May 2012. Second runner up was over 30 miles away east in North Bend, Issaquah, Sammamish, and Snoqualmie (for the eastside single family homes) with 163 closed transactions.
As a Green Lake native for 17 years, I’ve seen some moderate growth in the area but nothing like Ballard or downtown Seattle. Moderate meaning a new PCC with 250 apartment units above it to replace a Vitamilk plant. It’s a quaint place to raise a family or be single. It has the convenience of in-city suburbia with a little wholesome sustainability throw in. If you walk down any street in Green Lake, Tangletown, or Wallingford (which are all located in the coveted core commuting central), you’ll hear kids laughing, dogs barking, chickens nesting and possibly the smell of coffee roasting or donuts frying. Mighty-O Donuts, Zoka Coffee, Irwins Bakery just to name a few are on my walk-the-dog route. Did I mention the five different public parks within walking distance? Oh, and I think I almost forgot to mention the two AMAZING farmer markets – Wednesdays 3-6pm in the summer and every Saturday (year-round). Cheese anyone? Last week, my daughter I rented one of those paddle boats. Next time, I’m moving up to a paddleboard. I want to at least look like I’m a surfer. Green Lake has a killer 3 mile path where you can run, walk, bike, skateboard, speed stroller (I just made that up), go fishing, tanning, frisbee, walk on a tightrope tied between two trees…oh the list goes on and on.
To put the cherry on top, the new McDonald Elementary (language immersion program) is opening its doors Fall of 2012. Wow! I think I’ve seen my home value increase by this statement already. With some public schools experiencing increased campus sizes, McDonald Elementary school will help alleviate this. Believe me, the PTA is as strong as ever and the school has been in complete remodel mode since last year at this time. I live two blocks from it and it’s exciting to see the improvements – new windows, furnace, black top, bark, and play structure for the playground – and more. 
I don’t mean to brag about my neighborhood because Seattle has other amazing neighborhoods which I can showcase for you, but nothing else feels more like home than my Green Lake.
Molly Cartwright
Green Lake Resident and Realtor
molly@cooperjacobs.com
206.841.6800
By Courtney Cooper, Seattle Realtor, 206.850.8841, courtney@cooperjacobs.com, on June 6th, 2012%
Green Lake Real Estate in Seattle, WA: Green Lake Home Listings In The MLS Right Now – Fast Moves And Low Inventory Creates Additional Seller Opportunity
Click on any of the Green Lake homes for sale below – This page has all listings from all Seattle real estate companies and is current from information swept from the NWMLS for changes every 15-20 minutes. You can find all Green Lake Seattle real estate here including Green Lake homes & condos and even some Luxury Green Lake property for sale.
Green Lake Real Estate in Seattle WA – Find Green Lake homes For Sale
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