5 Reasons to Hire a Real Estate Professional!

Before you enter the market, buying or selling, read this article posted by www.simplifyingthemarket.com All the information provided will help you understand why its helpful to hire a real restate professional! 

untitled

“Whether you are buying or selling a home, it can be quite the adventure. In this world of instant gratification and internet searches, many sellers think that they can ‘For Sale by Owner’ or ‘FSBO,’ but it’s not as easy as it may seem. That’s why you need an experienced real estate professional to guide you on the path to achieving your ultimate goal!

The 5 reasons you need a real estate professional in your corner haven’t changed but have rather been strengthened by the projections of higher mortgage interest rates and home prices as the market continues to pick up steam.

1. What do you do with all this paperwork?

Each state has different regulations regarding the contracts required for a successful sale, and these regulations are constantly changing. A true real estate professional is an expert in his or her market and can guide you through the stacks of paperwork necessary to make your dream a reality.

2. So you found your dream house, now what?

There are over 230 possible steps that need to take place during every successful real estate transaction. Don’t you want someone who has been there before, someone who knows what these actions are, to ensure you achieve your dream?

3. Are you a good negotiator?

So maybe you’re not convinced that you need an agent to sell your home. After looking at the list of parties that you will need to be prepared to negotiate with, you’ll soon realize the value in selecting a real estate professional. From the buyers (who want the best deals possible), to the home inspection companies, all the way to the appraisers, there are at least 11 different people who you will need to be knowledgeable of, and answer to, during the process.

4. What is the home you’re buying/selling really worth?

It is important for your home to be priced correctly from the start in order to attract the right buyers and shorten the amount of time that it’s on the market. You need someone who is not emotionally connected to your home to give you its true value. According to a recent article by the National Association of Realtors, FSBOs achieve prices significantly lower than the prices of similar properties sold by real estate agents:

FSBOs earn an average of $60,000 to $90,000 less on the sale of their home than sellers who work with a real estate agent.”

Get the most out of your transaction by hiring a professional!

5. Do you know what’s really going on in the market?

There is so much information out there on the news and on the internet about home sales, prices, and mortgage rates; how do you know what’s going on specifically in your area? Who do you turn to in order to competitively and correctly price your home at the beginning of the selling process? How do you know what to offer on your dream home without paying too much, or offending the seller with a lowball offer?

Dave Ramsey, the financial guru, advises:

“When getting help with money, whether it’s insurance, real estate or investments, you should always look for someone with the heart of a teacher, not the heart of a salesman.”

Hiring an agent who has his or her finger on the pulse of the market will make your buying or selling experience an educated one. You need someone who is going to tell you the truth, not just what they think you want to hear.

Bottom Line

You wouldn’t replace the engine in your car without a trusted mechanic, so why would you make one of the most important financial decisions of your life without hiring a real estate professional?”

 

 

Source: http://www.simplifyingthemarket.com/en/2018/08/07/5-reasons-to-hire-a-real-estate-professional-before-entering-the-market/

2018 Northwest Washington Fair

FairBlog

If you haven’t driven through town yet, Lynden is in full fair mode! Just 5 days before the Northwest Washington Fair kicks off for 2018! 

August 13-18, six busy fun-filled days of carnival rides, fair food, Grandstand shows, entertainment, Demolition Derby, Rodeo, animal exhibits, quilts, canning, arts, photography, 4H and FFA exhibits! Whatever you may be looking for, you can find it here. If this is your first time or your 50th, there will be something new to see or do for you.

“For over 100 years the Northwest Washington Fair has highlighted the agriculture of the Whatcom County area. Dairy and beef cattle, horses, and many other species of livestock are shown by 4H, FFA and Open Class exhibitors. There are hundreds of exhibits featuring baked goods, canning, flowers and fresh produce grown locally.”

Looking for a night at the Rodeo, Demo Derby, Comedy show, or Concert? Check out the Grandstand Entertainment. Make a date night of it and grab some fair food  before and a MooWich after for dessert!

FairBlog1

What a great opportunity to take your family out for a day, have a date, spend a night with friends, or make some new friends! You are guaranteed to find something for everyone. The gates open at 9 a.m.each day and close at 10 p.m. Carnival hours are 11 a.m. to 11 p.m. 


Northwest Washington Fair: 1775 Front Street, Lynden  www.nwwafair.com  for more information or to purchase tickets!

Our office will be there all week at our booth! Find us in the commercial exhibit building! Don’t forget to stop by and say hi!

 


fair17

 

 

2018 Northwest Raspberry Festival


RFBanner2013

Its RAZZ FEST WEEK! It would be a shame if your weekend plans didn’t include stopping by the Northwest Raspberry Festival for some berries and basketball this Friday July 20 and Saturday July 21!

Here is the line up with some of the activities for the two day festival!!Microsoft Word - 2018_RF_Event_

Tournament play for the 20th Annual Curt Maberry 3 on 3 tournament will begin Friday morning and carry through Saturday with all day play! Stop by any time of day and catch a game or two! 
resizeIMG_6147

Welcome Cherisa Hoekema!

Exciting news! We have welcomed a new agent to our office! Say hello to Cherisa Hoekema Real Estate Agent at Muljat Group North as she makes her transition in!


CherisaWelcome

20th Anniversary Curt Maberry 3 on 3 Tournament: July 20 & 21

In just a short six weeks, the streets of Lynden will be filled with teams of all ages participating in the Curt Maberry Memorial Classic 3 on 3 Tournament! This tournament is hosted during the annual Northwest Raspberry Festival!

Here are some important details about the tournament that will help you make sure your registration is turned in on time and your team is ready to go by July 20! Take advantage of the early registration special this month.

Dates: Friday July 20- Saturday July 21


Ages Groups: Kindergarten- Adults

       Rookie Razz division K-2nd will ONLY play on Friday July 20

       Adult Division, Rec & Competitive


All Registration Forms are due by July 13th or until the tournament is full.

    Forms accepted by June 30 pay a discounted price for the team

    Checks payable to “Lynden Chamber of Commerce”, Credit Cards only accepted @ the chamber


Bracket/Gear Pickup: July 19th 4:30-6:30


You can pick up a registration form at Muljat Group North 505 Front St. in Lynden or print online HERE


2018 Registration Form


Get your team together, fill out your registration form, and drop off or mail in today!

Memorial Weekend!

This Sunday May 27th is the annual Ski to Sea relay race! “Continue The Legacy” will begin at 7:30am. Follow along with your car or find yourself a spot to sit and watch different legs of the relay pass by! The website has all the information needed as a spectator!  https://skitosea.com/race-guide


skitosea

And as a reminder:


memorial-day-remember-still copy

Looks like good weather is forecasted! Have a fun and safe weekend!

Backyard BBQs ahead!

Still looking for the perfect home? Look no further! This beautiful home has so much to offer for your summertime entertaining.

BogaardHouse-Covered wrap-around deck off the dining room

-Covered patio off the family room

-Mountain Views!

-Manicured gardens & sprinkler system!

-Views from almost every room in the house!

-Florida room with tiled floors & cathedral ceilings

BogaardHouse4 BogaardHouse5boogblog2 BoogardHouse21005 E Front Street, #Lynden | MLS# 1268699 | $449,000
Tour Property: http://www.tourfactory.com/1788856

Why Getting Pre-Approved Should Be Your First Step

blog 4.26

In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search.

Even if you are in a market that is not as competitive, knowing your budget will give you the confidence of knowing if your dream home is within your reach.

Freddie Mac lays out the advantages of pre-approval in the ‘My Home’ section of their website:

“It’s highly recommended that you work with your lender to get pre-approved before you begin house hunting. Pre-approval will tell you how much home you can afford and can help you move faster, and with greater confidence, in competitive markets.”

One of the many advantages of working with a local real estate professional is that many have relationships with lenders who will be able to help you with this process. Once you have selected a lender, you will need to fill out their loan application and provide them with important information regarding “your credit, debt, work history, down payment and residential history.” 

Freddie Mac describes the ‘4 Cs’ that help determine the amount you will be qualified to borrow:

  1. Capacity: Your current and future ability to make your payments
  2. Capital or cash reserves: The money, savings, and investments you have that can be sold quickly for cash
  3. Collateral: The home, or type of home, that you would like to purchase
  4. Credit: Your history of paying bills and other debts on time

Getting pre-approved is one of many steps that will show home sellers that you are serious about buying, and it often helps speed up the process once your offer has been accepted.

Bottom Line

Many potential home buyers overestimate the down payment and credit scores needed to qualify for a mortgage today. If you are ready and willing to buy, you may be pleasantly surprised at your ability to do so as well.

Start the process today! 

Source: https://www.keepingcurrentmatters.com/2017/12/11/why-getting-pre-approved-should-be-your-first-step-2/

Rising Rents Push Millennials to Become Homeowners

millenial2

SANTA CLARA, Calif., March 30, 2018 /PRNewswire/ — This year, the typical spring buyer is on the hunt for a three bedroom, two bathroom home with a garage and up-to-date kitchen, according to a new survey released today from realtor.com®, a leading online real estate destination. The survey also revealed family needs and rising rents are motivating millennials to get into the market, while 55+ buyers are looking for privacy and comfort in their new home.

“Although record-low inventory and high prices make this housing market unique, some classic features still top most shoppers’ wish lists,” said Danielle Hale, chief economist for realtor.com®. “At the same time, we found some clear differences in priorities. For instance, older buyers are concerned with privacy and being able to age comfortably, while millennials place more emphasis on family needs, stability, and personal expression.”

Based on online survey of more than 1,000 active buyers conducted in early March by Toluna Research, the survey provides insight into both the most sought after homes as well as the motivations underpinning what shoppers are looking for.

Majority of buyers want space, multiple bathrooms, and a garage
The survey found many commonalities among homebuyers of all ages. In fact, 44 percent of all respondents said they are looking for a three-bedroom home and 93 percent of respondents want at least two bathrooms. Additionally, 27 percent of all buyers rate a garage as one of the most important home features, ahead of an updated kitchen, 24 percent, and open floor plan, 20 percent.

Older Buyers Want Privacy & Comfort; Millennials Favor Family & Self-Expression
According to the survey, more than 20 percent of buyers 55 years and older said that privacy – having a space solely of their own – was their main goal for purchasing a home. That was followed by their motivation for physical comforts at 18 percent and stability, at 15 percent.

By contrast, family needs took precedence for younger buyers. Fulfilling family needs took the top spot for millennial buyers, at 17 percent, followed by stability at 14 percent and personal expression at 13 percent. Only 12 percent of buyers younger than 55 cited privacy as their chief priority. Only 9 percent of 35- to 54-year-old buyers and 6 percent of 55+ cited personal expression as a main goal for purchasing a home.

For Millennials, the Rent is Too High
Twenty-three percent of buyers between 18 and 34 years old reported rising rent as a trigger for their desire to purchase a home – more than any other option. This corresponds with steep increases in rents across the country in recent years, especially in many high-cost urban areas that have become magnets for millennials. HUD data shows that rents were up in 85 of the top 100 metro areas, including 9 metros where rents were up by double-digit percent from a year ago.

Millennials Like Contemporary and Colonial Homes; Older Buyers Prefer Ranches
Among millennials who expressed a home-style preference – 11 percent didn’t – contemporary and colonial homes took the top spots, each favored by 10 percent of respondents. On the other hand, ranches are the most popular home style for buyers 55 and older, favored by 28 percent, followed distantly by contemporary homes at 12 percent. Only 6 percent of millennials favor ranch homes.

Source: http://news.move.com/2018-03-30-Rising-Rents-Push-Millennials-to-Become-Homeowners

Cindy Huaracha, Real Estate Broker

We are pleased to announce that a new real estate broker has joined our firm. Cindy Huaracha, has teamed with Daisy Valladares. Drop by the office and meet with Cindy! Hablo Espanol

Cindy2