REAL ESTATE REEDER May 2022
(253) 234-7626
Three Questions to Ask Before Buying a Flipped House

Most consumers are familiar with the concept of house flipping, thanks to a variety of reality shows. Smart, seasoned investors will renovate a house to be move-in ready and then sell at tight profit-margins to make a quick sale. But how does a buyer know if a flipped home is a solid buy or a real rip-off? When it comes to buying a flipped house, asking these three big questions will help... Read More
Foundation Damage Is Costly to Repair, Here's How to Identify It

Foundation issues are the most common type of property damage. According to the National Association of Home Builders, foundation damage accounts for approximately 34% of home repairs. While foundation repair is the second-most expensive type of repair after major structural repairs, it’s a critical problem to fix. If left alone, these issues can lead to more serious structural problems, such as cracks... Read More
Housing Affordability Declining, but Buyer Demand Remains High

Buyers looking to enter the housing market are being hit with both rising mortgage rates and sustained price increases, which are both negatively impacting housing affordability. According to Lawrence Yun, National Association of Realtors' (NAR) chief economist, some buyers "who had previously qualified at a 3% mortgage rate are no longer able to buy at the 4% rate." In addition, monthly payments have increased by 28%... Read More
Buyer's, Don't Make These Mistakes in a Seller's Market

Buying a home is an exciting yet daunting experience at the best of times, buying one in the midst of a blistering seller's market takes it to an entirely new level. Be a step ahead of the game by knowing how to avoid some common mistakes.

1. Not Getting a Mortgage Pre-Approval
With so many offers coming their way, sellers have the luxury of picking the cream of the crop. Prove your ability to buy the house by getting pre-approved by a lender. Pre-approval, which involves pulling your credit and going over your financial statements, is different from pre-qualification, which is... Read More
Spring Cleaning 101

Start From the Top: Start with your tallest shelf and work your way down until everything in the room has been dusted, washed, or wiped. This is the most effective way to clean because any excess dust or grime you don’t get on the first round will be waiting for you on lower surfaces. Always start your cleaning routine with a thorough dusting and end by sweeping, mopping or vacuuming your floors.

What Lies Beneath: Be prepared to move everything you own. It’s amazing how much dirt, dust, and dander can accumulate under your couch, behind a hutch, or even underneath that pretty flower vase. Just because Read More

Team Marti  -  (253) 234-7626 REAL ESTATE REEDER  -  May 2022 

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The material in this publication is provided for your informational purpose only and is not intended to substitute professional advice.
If your property is currently listed with a Real Estate Broker, this publication is not intended as a solicitation.
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