Sequim Real Estate and Port Angeles Real Estate Blog
Real Estate News, Prices, Homes and Land, Ranches, View Property, Photos, Search MLS
Foreclosures Port Angeles and Sequim - I Have Buyers
Author: Chuck Marunde7 Aug
There are Sequim and Port Angeles homes in foreclosure. Many are in pre-foreclosure, and for some the Trustee’s Sale Date is looming. This is unfortunate for the owners, and that’s an understatement. When it comes to getting the home sold in a timely way, and pocket some money, this is more difficult than most think. Talk is cheap, so be cautious about any investor or real estate agent who talks big, because most of the talk is just that–talk. At the end of the day, you are very likely in this market to end up simply losing the house at the sale. All the equity you have will just go poof!
I have several clients who are cash buyers, and they have asked me to find them a good investment. This is not easy to do. I have more data on Sequim and Port Angeles foreclosures and more access to relevant information than probably any other agent out there, and having been a real estate attorney and now a broker, I don’t think it is unfair to say I probably have more knowledge and experience in handling foreclosures than most, but . . . it is still very difficult to find a foreclosure property that is a reasonable investment for a buyer. Let me explain that.
There are many homes in pre-foreclosure and foreclosure, and to do the due diligence required of me to narrow down a 100+ properties, collect the ownership and financial data, look at the homes and evaluate them, do comparative market analyses, figure out what they could be sold for in this market, and work with a potential investor, all of this alone could take 60 hours a week. In other words, working foreclosures could easily be a full time job, and as a Realtor, I have other clients, other listings, and other responsibilities.
Cash is king! Always has been. So, here’s the deal. If you, or someone you know, has a home in foreclosure, or land in foreclosure, email me with the information or call me, and I will examine your property and see if I can sell it for you. Of course, that could be to one of my current clients or it could be by listing it and promoting it to other potential buyers. You won’t find anyone more diligent and caring in this process than me. I mean that.
May I make a suggestion? Do NOT procrastinate. A Trustee’s Sale Date has a way of creeping up on you like a ghost in the night. You do not have time to fool around, to experiment with various approaches that might sell your home, to try to become an expert in marketing and real estate by being your own FSBO, or by letting an inexperienced real estate agent burn up the next few months dinging around while you lose your home.
May I be bold here? I am being blunt, because many who are in foreclosure are simply out of time. Real estate agents are a bit like attorneys. Ask an attorney if he or she can handle a particular legal matter, and their answer is always, “Yes,” even if they have never touched the subject. Hey, everyone has to start somewhere. There’s a first time for everything, right? It’s just that if you are in foreclosure, you don’t have time to let others learn in the school of hard knocks at your expense. There’s too much at stake for you.
You know how to reach me.
Sincerely, Chuck Marunde, J.D. (Realtor and Retired Real Estate Attorney
chuckmarunde@gmail.com
360-775-5424
Enjoy this post? Subscribe to my RSS feed.
Related Posts
Sequim and Port Angeles Home Builders - Does Size Matter?
Author: Chuck Marunde7 Aug
Building a home in Sequim or Port Angeles? Finding a home builder for your next home is one of the most important decisions you will make as you start this next phase of your life in retirement. This is part two of a two part series that asks the question, “Does Size Matter?” when it comes to hiring a home builder.
In part one, we looked at common misconceptions when hiring a builder, and we looked at the pros and cons of hiring a small builder. Today, we look at hiring a larger home builder.
A large builder in Pierce or King County would build hundreds of houses each year, but in small towns like ours, a large builder would be someone building perhaps 8 to 30 houses per year.
I would categorize large builders based on criteria like their business model, their customer service, the quality of materials used, the quality of workmanship (i.e. the quality of their subs), the process by which they quote estimates and final bid prices, their contracts, their warranties, and their integrity.
Volumes could be written just on these criteria, but this is a blog post, which means it gets down and dirty quick. The question, the answer. Let’s get to it.
Business Model. Large home builders around the country have learned to create a business model that is a money machine. Now this is America, home of the free and the brave, and we boast about our free enterprise system. That’s all good. And there’s nothing wrong, and everything right, about having a corporate goal of making money. But many builders have taken this to levels unheard of 30 years ago. Slick advertisements that often border on fraudulent advertising, bait and switch, and lopsided contracts are very common among many large builders. From the beginning of the first meeting to the walk-through, there are a thousand ways to maximize every dollar of profit to the detriment of the unwary homeowner.
Enjoy this post? Subscribe to my RSS feed.
Related Posts
Sequim Exclusive Buyer’s Agent (and Port Angeles)
Author: Chuck Marunde6 Aug
Buying real estate in Sequim or Port Angeles? Did you know that you could save a lot of money if you are represented by an Exclusive Buyer’s Agent? The difference between an ordinary agent and an agent 100% committed to assisting buyers could make all the difference for you.
| A Seller’s Agent | An Exclusive Buyer’s Agent |
| Can show you all the homes in the MLS (Olympic Multiple Listing Service). |
Will show you all the homes in the MLS, For Sale By Owner properties, pre-foreclosures, and foreclosures. |
| Can tell you the price the seller’s are asking for homes but cannot suggest an offering price. | Will calculate the fair market value of the home for you, and assist you in developing an offering price by using comparable sales data. |
| Can provide “raw” information on comparable homes that have sold in the area. Not allowed to interpret that data for you. | Will provide and interpret information on comparable homes that have sold in the area and help you formulate an offering price and negotiating strategy. |
| Can convey your offer to the seller or their agent and convey their response back to you. | Will negotiate on your behalf through the entire home buying process offering advice and information every step of the way! |
| Can provide you with a “list” of title companies, home inspectors, and other professionals for you to choose from but cannot recommend any particular company or professional. | Will recommend title companies, inspectors, and other professional services you will need! |
| May tell you some general information about the seller. | Can tell you everything they can find out about the seller and their motivation for selling! |
| Must tell the seller everything they know about you, your financial status, and your motivation for buying. | Will keep any information about you confidential if it would weaken your negotiating position! |
| “Thinks” in Seller’s terms (i.e.: Get the highest price possible for the home) | “Thinks” in Buyer’s terms (i.e.: Get the lowest possible price and best terms for the Buyer, not the Seller). |
Why wouldn’t you use an Exclusive Buyer’s Agent? Email chuckmarunde@gmail.com or call his cell at 360-775-5424.
Enjoy this post? Subscribe to my RSS feed.
Related Posts
Port Angeles Freshwater Bay Cedar For Sale
Author: Chuck Marunde6 Aug
Beautiful 5 acre Port Angeles Freshwater Bay Cedar home for sale, 2 bedrooms, 2 baths, 1,167 square feet, and priced at $298,000.
Enjoy this post? Subscribe to my RSS feed.
Related Posts
Sequim Real Estate Price Reductions
Author: Chuck Marunde6 Aug
Sequim and Port Angeles real estate listings have seen some reductions in prices recently. Realtors love to use euphemisms. Just as a used car is a “pre-owned car,” so a price reduction is a “price improvement!” True from the buyer’s perspective, but certainly not from the seller’s perspective.
In the last three months, there have been 298 properties (homes and land) in the Sequim area that have had the listing price reduced. In Port Angeles, 220 properties have had a price improvement. Here’s a graphic showing the reductions.
In Sequim listed prices have been reduced in the past three months to about 90.39% of the orginal listed price, and in Port Angeles listed prices have been reduced to about 89.59% of the original listed price. This represents an average price reduction of 9.61% for Sequim properties, and 10.41% for Port Angeles properties.
These are significant reductions, but certainly not the 30% or more that cities like Las Vegas are experiencing. Still this is significant for our area. These numbers are meaningful, because anyone who has their home or land listed for sale must realize that they are not in the driver’s seat to bargain like they were in 2005. This is a buyer’s market. Sellers are not in control, at least not until the market begins to come back stronger.
NOW, do you want to see some actual numbers? Below is a list of 167 listings that have been reduced in price, and I’ve only included the major buyer’s range from $200,000 up to $460,000. Look at the last column to see the actual dollar amount of the reductions. There are many $25,000 reductions, $40,000, $65,000, and up from there. I haven’t included the million dollar home price reductions, because the majority of the buyers are just not there. But if you’re thinking a $5,000 price reduction might move your house, think again. Many have reduced the price 10 times that amount and more.
Read the rest of this post to see the full table of price reductions below.
Enjoy this post? Subscribe to my RSS feed.
Related Posts
Port Angeles and The Chinese Connection
Author: Chuck Marunde6 Aug
Port Angeles and Seattle have a strong connection with China. China is so far away, not just geographically, but culturally and economically, most of us in Sequim and Port Angeles hardly give China a thought. We’re going to be hearing a lot more from China in the years to come. We already have growing ties with China, and it is all good.
Ryan Kent Smith of Sequim has been teaching in China for several years. My own son, Jesse, competed in Chengdu, China four years ago in the World’s Strongman Contest. Jesse told me that Chengdu was exploding throughout the city with enterprising businessmen. Most recently, a client of mine who is buying property in Port Angeles, has a thriving trade show business in China. Seattle has a sister city in Chongqing, China. Economic relations between Washington state and China is building momentum as the Chinese economy escapes the grip of its past bondage.
A massive new U.S. Embassy, the second-largest in the world after the heavily fortified compound in Baghdad, formally opens in the Chinese capital this week, a testament to the depth and breadth of the ties binding us. President Bush, who will be attending the Beijing Olympics opening ceremonies Friday, will preside over the ribbon-cutting at the $434 million, 500,000-square-foot compound that same day.
The Olympics are bound to break a few more boundaries between us, and this is all good.
Enjoy this post? Subscribe to my RSS feed.
Related Posts
Port Angeles Real Estate Law and Sequim Real Estate Law
Author: Chuck Marunde5 Aug
Did you know Port Angeles and Sequim (and Clallam County for that matter) have an online resource for local real estate law? Back in 1995 Chuck Marunde built his first website while practicing real estate law, and it became a very popular online legal resource for people around Washington state. Even professors used it in Pierce and King County.
That site’s progeny lives on today with megabytes of real estate law, statutes, articles, checklists, and links to actual case law. Want to know how a foreclosure works on either a deed of trust, or how a forfeiture works on a land contract? You’ll find it there. Need a comprehensive checklist for buying land? Want to know about excise tax fraud? Need to know about adverse possession or an easement by prescription? Do you have a fence line dispute with your neighbor, or does your neighbor’s tree branches overhang your fence? You’ll find the answers and much more at:
Another valuable service brought to you absolutely free by retired real estate attorney Chuck Marunde, J.D., now your favorite Realtor in Sequim and Port Angeles.
Enjoy this post? Subscribe to my RSS feed.
Related Posts
Sequm Rainfall v. Port Angeles Rainfall
Author: Chuck Marunde4 Aug
How much does it rain in Sequim, and how does that compare to Port Angeles? The two are only 15 miles apart, so is there really a difference? Yes, but Sequim has done a great job promoting the rain shadow concept, but it is real. Here is the actual rainfall in Sequim and in Port Angeles, and how you can compare that to where you live.
Sequim
Sequim (zip 98382), WA, gets 17 inches of rain per year. Seattle gets 38, and the US average is 37. To compare this with where you live now, go to http://www.citytowninfo.com/places, and enter your city. Snowfall is 5 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 122.
Port Angeles
Port Angeles (zip 98362), WA, gets 25 inches of rain per year. Seattle gets 38, and the US average is 37. To compare this with where you live now, go to http://www.citytowninfo.com/places, and enter your city. Snowfall is 15 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 148.
Port Angeles rains about 8 more inches per year than Sequim. Port Angeles rains 13 inches less per year than Seattle.
Enjoy this post? Subscribe to my RSS feed.
Related Posts
Sequim B&B’s and Port Angeles B&B’s
Author: Chuck Marunde4 Aug
Sequim B&B’s and Port Angeles Bed and Breakfasts are perfect places to stay if you are visiting for a weekend or holiday, or if you’re looking at real estate here.
For your convenience, I’ve included a list of the Sequim and Port Angeles B&B’s below with all their contact information, including their websites.
This photo is Lost Mountain Lodge in Sequim. It is very peaceful, and the kitchen and the Espresso maker are amazing. I know from personal experience.
|
|||||
|
|||||
|
|||||
|
|||||
|
|||||
|
For the whole list of B&B’s . . . Read the rest of this entry »
Enjoy this post? Subscribe to my RSS feed.
Related Posts
Retire in Port Angeles Washington
Author: Chuck Marunde3 Aug
Port Angeles, Washington is 15 miles from Sequim, a popular retirement community. Port Angeles is surrounded by the incredible beauty of the Northern Olympic Peninsula, the Olympic National Park, and the Strait of Juan de Fuca.
We’re away from the nightmare traffic of the I-5 and I-405 corridors of the Seattle and Tacoma metropolitan areas. Since Port Angeles is on the northern Olympic Peninsula about a two and a half hour drive from Sea-Tac International Airport, it is a peaceful country setting. Being on the Peninsula, we get less traffic, because we don’t get people passing through on their way from one place to another.
We have the beautiful Olympic Mountains and the Olympic National Park with old growth trees in a natural and protected environment. We have the Strait of Juan de Fuca, the Port of Port Angeles, the Port Angeles Boat Marine, and water views galore.
We have more recreational activities than almost anywhere in the country, biking, jogging, hiking, surfing, boating, sky diving, mountain climbing, fishing, golfing, incredible motorcycle roads around the Peninsula, restaurants you won’t forget, and the list goes on.
We have more volunteers in various community activities than I’ve ever seen anywhere I’ve lived. I was invited as an attorney to talk to a group a while back, and I was introduced to a few people, including a retired rocket scientist (yes, they really exist), a retired CEO of a large California company, a retired Army General, and a wealthy inventor, all of whom were great conversationalist. That was just one little luncheon.
There are so many activities, groups, and associations for retired people, I won’t take the space here to write about them, but you’ll find everything from gardening to building experimental planes.
Retirees are happy to find land here where they can build their dream homes. Right now Port Angeles has a large inventory of lots for sale. Of course, the market has slowed down everywhere, and because a number of developers started their projects here several years ago, buyers now have a great selection of lots available, and at reasonable prices. There are water view lots, mountain view lots, high bluff water frontage, gated communities, private acreage surrounded by trees, open farmland for sale, ranch property for sale, and let’s face it–this is a buyer’s market.
I am seeing a very significant percentage of our buyers coming from California and Arizona, and all the way from New Jersey and Florida. Many are professionals who know exactly what they want. As between Sequim and Port Angeles, the better value for buyers is undoubtedly in Port Angeles.
Port Angeles is a great place to retire. No doubt about it. Use my websites and blogs to read more about Sequim and Port Angeles. See SequimPortAngeles.com.
Enjoy this post? Subscribe to my RSS feed.
Related Posts
Sequim Dairy Farms - Only Two Left in Clallam County
Author: Chuck Marunde2 Aug
There are only two dairy farms left in Sequim, and those are the only two left in all of Clallam County. Both are small family operations. Dairy farms have been going away in Washington and throughout much of the Northwest as the profit of producing milk diminishes coupled with the extraordinary increases in the value of land for residential development.
Here is a graphic showing the decline of milk cows in Clallam County, Washington.
Click on graphic to enlarge.
From a high of over 7,300 milk cows in 1950, we are now at about 500. The small dairy farms have been going away in western Washington rapidly over the last decade.
Enjoy this post? Subscribe to my RSS feed.
Related Posts
Sequim Real Estate
Author: Chuck Marunde31 Jul
Sequim real estate, including homes and land, is a great buy right now for retirees from California, Arizona, Texas, and even the Seattle area.
It really is amazing how many incredible water view lots we have at reasonable prices, and if you like boating or sailing, you’ll be impressed by the John Wayne Marina in Sequim. Here’s a peek with a photo I recently took:
Sequim also has a good inventory of home lots for sale right now, including water view, mountain view, and views of the valley and fields of hay and cows. If you’d like to know more about Sequim and why it’s such a great place to retire, check out my online Sequim Relocation Package.
If you’re thinking about Sequim real estate, homes or land, or a nice place to dock your boat, email me and ask me your questions. I’ll do my best to answer them or email you links with the answers.
Of course, you can also use the old fashion way to contact me by calling me on a telephone, 360-775-5424. The name is Chuck Marunde, Realtor and Retired Real Estate Attorney.
Enjoy this post? Subscribe to my RSS feed.
Related Posts
Buying vs. Renting in Sequim and Port Angeles
Author: Chuck Marunde31 Jul
Many people in Sequim and Port Angeles are still renting when they could buy.
In many cases, the amount of money a renter spends on rent can be about the same as or less than the amount a homeowner spends on a mortgage. With the tax benefit for homeowners, the savings can be significant.
Buy vs. Rent Comparison
The chart below shows a cost comparison for a renter and a homeowner over a seven year period.
- The renter starts out paying $800 per month with annual increases of 5%
- The homeowner purchases a home for $110,000 and pays a monthly mortgage of $1,000
- After 6 years, the homeowner’s payment is lower than the renter’s monthly payment
- With the tax savings of homeownership, the homeowner’s payment is less than the rental payment after 3 years
|
Years
|
Rent Payment
|
Mortgage Payment
|
Monthly Difference
|
After Tax Savings
|
Yearly Difference
|
After Tax Savings
|
| 1 | 800 | 1000 | -200 | -50 | -2400 | -600 |
| 2 | 840 | 1000 | -160 | -10 | -1920 | -120 |
| 3 | 882 | 1000 | -118 | +32 | -1416 | +384 |
| 4 | 926 | 1000 | -74 | +76 | -888 | +912 |
| 5 | 972 | 1000 | -28 | +122 | -336 | +1464 |
| 6 | 1021 | 1000 | +21 | +171 | +252 | +2052 |
| 7 | 1072 | 1000 | +72 | +222 | +864 | +2664 |
| 8-30 | Savings increase every year | |||||
Enjoy this post? Subscribe to my RSS feed.
Related Posts
Sequim and Port Angeles Real Estate Commissions Too Much?
Author: Chuck Marunde31 Jul
Listing a home for sale in Sequim or Port Angeles with a real estate agent means paying a commission. The vast majority of homeowners have no problem paying a fair commission for a professional service. The rub is not so much the percentage as it is the total dollar amount of the commission.
As a preliminary note, homeowners do expect and want professional service, not just an agent who simply puts their home in the MLS and runs one ad every eight weeks in a local newspaper. Consumers are much more savvy than they were 20 years ago. They know there is more to the job, and they don’t mind paying a commission, but they expect the level of professionalism all agents should be offering, but are not. Read more about this at Seller Frustration in Sequim and Port Angeles and Biggest Realtor Complaint.
Here is the big objection to paying commissions. Higher priced homes, like $500,000 or $700,00, with a commission of, let’s say 5%, would be a wheel barrel full of commission money. On a sale of $700,000 a 5% commission would be $35,000. Suppose this $700,000 homeowner has 90,000 in equity. After selling costs, the real estate agents get almost half of their equity! Wow! No wonder homeowners are objecting. Especially if this homeowner owned their home for eight years, had to qualify to get a loan on their good credit, came up with a substantial down payment, maintained the home and yard for all these years, paid the property taxes, and even made some improvements to the home. The homeowner is asking, “And the real estate agent wants to come in and take half my equity for selling my home? I don’t think so!”
You know what the agent’s argument is, don’t you? “Well, that commission doesn’t all go in my pocket. It typically gets split four ways, between the listing broker’s office and his agent, and the selling broker’s office and his selling agent, if there is one. So normally I would only earn 1/4th of that $35,000 or about $9,000.”
The homeowner’s response is, “I understand that, but your business model is not my problem. The fact that the commission gets split four ways only means you get 1/4th, but it still means I pay all four of you. $35,000 is way too much. I’m not paying it.”
Now, if brokers hear me talking this way, they are liable to be quite angry with me, as though I’m telling homeowners something they don’t already know or can’t figure out for themselves. If you read my blog regularly, you’ll recognize that I don’t pull any punches. The truth is the truth, and I’m not going to tone down the truth in order not to hurt someone’s feelings. You, my readers, want the truth, the whole truth, and nothing but the truth. Well, maybe you also enjoy sarcasm and humor periodically, too, but even then the truth is still unfolding.
By the way, some brokers will say they don’t do a flat fee on a higher priced listings They do a sliding fee schedule, and their commission would not be $35,000. It would ONLY be $27,000. Eghad! Was that “only $27,000?” Still a wheel barrel of money.
How should an agent handle the real estate commission? Well, I’ll tell you how I handle it. Each homeowner is treated on an individual basis, and because I am my own broker, I get 100% of my commissions, not half. And because I do so much marketing on the Internet, many buyers connect with me directly, so I don’t expect to pay nearly as many selling side commissions as if I simply dropped listings in the MLS, hoping some other agent would sell it for me. You’ll find that the vast majority of brokers simply do not have this kind of flexibility, because of their business model, the number of people who must get paid, and the high overhead. My business model is dramatically different, although I cannot share it here in detail, because I do not want to be training my competition.
Many people are going FSBO, for sale by owner, but there are some serious traps for the unwary here, too. For more on selling and advertising, read For Sale By Owner (FSBO) in Sequim or Port Angeles.
Email or call me if you would like to sit down and talk about selling your home. I think you’ll be pleasantly surprised.
Enjoy this post? Subscribe to my RSS feed.
Related Posts
Realtors are Bombarded with Internet Promotions
Author: Chuck Marunde30 Jul
Realtors are bombarded daily with Internet proposals from the thousands of would-be Internet millionaires who are trying to suck unwary Realtors into their services. A search of the Internet in Google for the phrase “real estate agent websites” gives you . . . 55 million results. For the phrase “real estate agent blogs” you get almost 26 million results. Wow! The claims are nothing short of extraordinary.
We Put You On the Top of the Search Engines!
Impress Your Clients! Get Top Google Search Rankings!
Your Listings On The First Page of a Google Search!
Be Top Dog! You Website Will Get Leads Galore–Guaranteed!
We Gurantee Leads for You!
Capture More Clients Than You Can Handle on the Internet
We Guarantee Top Search Engine Rankings!
Buy Your Zip Code and Be The Exclusive Agent in Your Area
So, here’s a thought. Since these are experts on the Internet and search engine optimization, you would expect that they would be on the first page of a Google search themselves. But only 10 of them can show up on the first page of a Google search, right? Of course, that’s impossible, since there are thousands of them. Some of them are paying to show up in the right hand column. So much for organic and guaranteed first page presence. It would seem they are guaranteeing Realtors something they cannot do for themselves, at least the vast majority of them.
Then there are the annoying websites that consumers hate. I’m talking about the real estate websites and portals that make you register before you can find out more about the property. ANNOYING! Just leave those websites, because there are good Realtors who offer you free search options without demanding your social security number and underwear size.
And there are still more real estate portals that offer you some scanty information, but not the listing agent’s identification or contact information. On those sites to get more information, you are forced to register so an agent can contact you, or you are forced to contact some agent who pays to be the exclusive agent on that page. These sites do generate some business for Realtors, but the Internet is evolving to give us more freedom and more options.
Okay, there’s nothing illegal or unethical about any of this. This is America the Great, free enterprise and all that. Just understand that the primary goal of the vast majority of all of these sites is not to help you buy or sell real estate, but to make money by selling services to real estate agents.
Did you notice this blog is absolutely free, and does not require you to register or identify yourself? I hope you enjoy this site, and I hope you get real value out of all that you can do through this blog. And watch this, if you are benefiting, it is still all free. And I let you be anonymous, if you want to be. I know, I’m a nice guy. (Humor intended. I’m really quite a boring guy. I think. Maybe.)
Conclusion. When you do your due diligence to find a Realtor who is competent and trustworthy, may I suggest you be certain he or she is also an Internet marketing expert? That’s critical in this day and age. Hint: Very few are.
Enjoy this post? Subscribe to my RSS feed.
Related Posts
Clallam County Fair Aug 14-17
Author: Chuck Marunde29 Jul
Get ready for the Clallam County Fair in Port Angeles coming August 14th. What’s coming?
Draft Horse & Mule Show (Thursday, 6:00pm)
MOTO-X Show (Friday, 5:00pm and 8:00)
Logging Show (Saturday, 12:00pm)
NPRA Rodeo (Sat., 5:00pm and Sun., 12:00pm)
Demo Derby (Sunday, 5:00pm)
My boys were in 4H when they were young. Bristol raised a pig, and Brady raised a lamb. I can still see them walking their animals around the ring and auctioning off their animals to raise money. I’m telling you, memories like this are precious.
There’s a lot more to see, and a lot of great food. See you at the fair!
Enjoy this post? Subscribe to my RSS feed.
Related Posts
Sequim Utility Hookup Fees vs. Port Angeles
Author: Chuck Marunde29 Jul
What are Sequim utility hookup fees for new construction, and how do they compare with Port Angeles?
The city Port Angeles collects the following fees at closing from every purchaser of a new lot, or a lot for the construction of a new home:
1. $120 for Sanitary Sewer Hookup
2. $230 for a Water Meter
3. $1,125 for Sewer System Distribution
4. $1,265 for Public Works Water System Use Fee
5. $713 or less for Underground Utilities (Electrical Distribution)
Now let’s look at Sequim. Sequim fees are substantially more:
1. $4,500 for General Facility Water
2. $6,000 for General Facility Sewer
3. $550 for Water Hookup
4. $100 for Sewer hookup Inspection
5. $78.84 for Sewer Backwater valve kit
6. $329.08 for Full meter package
Now you know. Add these costs to the cost of purchasing a lot.
Enjoy this post? Subscribe to my RSS feed.
Related Posts
Traditional Brokerage in Trouble
Author: Chuck Marunde29 Jul
The real estate brokerage business has been experiencing an earthquake of sorts, and the very foundation of its existence is being violently shaken. Most people are unaware of this, and what is even more amazing is that many agents and brokers are unaware of this, although brokers are wondering why they have a non-stop headache. I’ve written elsewhere on this subject, Traditional Brokerage is Dead.
Here is an enlightening perspective by author Sean Purcell:
The real estate industry is a never ending source of change and excitement. I can remember only two years ago coaching agents on what disintermediation meant, how it was affecting the mortgage industry and how it (and the internet) would affect their success. I was never too worried that the mortgage broker would be eliminated, but some agents were more than a little concerned about their future. As it turns out, agents are embracing the internet; they are alive and well and thriving. So, is there a problem?
No, disintermediation is not a problem: but disbrokeration is. Teri Lussier, blogger extraordinaire, recently po