David Monroe's Real Estate Blog

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Real Estate Agent - Keller Williams Realty
As a real estate agent specializing in short sales and traditional sales in Seattle, Kirkland, Bellevue, Everett, and surrounding communities, I share my thoughts about short sales, foreclosure, and other relevant real estate topics.
Silver Firs Townhomes - The Best Value In Everett, Washington Would you think I'm crazy if I told you that you could find a 12-year old, 1700 square foot, 3 bedroom, 2 1/2 bath home for sale in a nice area for under $200,000?  Well, you can... And I'm not crazy.  Welcome to Silver Firs Townhomes....
Gold Creek - Quality Homes Near Mill Creek - Snohomish, Washington Just a few minutes east of Mill Creek is a neighborhood called Gold Creek, where pride of ownership is probably an understatement.  Manicured yards, well-kept houses, and friendly neighbors all contribute to Gold Creek's upscale c...
Living in The Falls at Snohomish Cascade - Snohomish, Washington Just a couple miles east of Mill Creek, many people are discovering The Falls at Snohomish Cascade--A neighborhood with that outside-the-city feel, yet still close to amenities.  This well-planned community offers a high quality liv...
Townhouse For Sale in Silver Firs - Everett, Washington 13629 56th Ave SE, Everett, WA     MLS # 29062518  $175,000 For more information, contact me at 206-905-8590, or visit my website at www.sellnorthwesthomes.com.   Townhouse for Sale in Everett, Washington - Silver Firs - 3 Bedrooms, 2.5 Bath...
Should you stop making your mortgage payments? As short sales are becoming more common, I’m finding that a higher percentage of people who contact me regarding a short sale are still current on their mortgage(s).  Many of them have just made the last mortgage payment that they can afford to make,...
Washington State is a non-judicial foreclosure state, meaning that the lender is not required to sue the borrower in default in order foreclose.  Most home loans in Washington State are based on a deed of trust (mortgage instrument) with a “power of sale” clause that pre-authorizes the sale of th...
I’ve received many calls from prospective buyers interested in my short sale listings asking if the listing price has been approved by the bank.  On a short sale, the seller owes more than their house is worth, so the seller’s lender(s) must approve the sale price and accept a discounted loan pay...
Many real estate agents in Washington State use unlicensed third-party negotiators to handle their short sales.  I have always discouraged that practice (see my March, 2009 blog post, Is Your Real Estate Agent Breaking The Law?). The Washington State Department of Licensing has now taken an offic...
Is there such a thing as an unsellable house?  There’s a wealth of information available on preparing and staging a house to sell, but what about situations where the house can’t be properly prepared or fixed up to sell?  I work a lot with short sales and pre-foreclosures, and in many of these si...
Consider this scenario:  You paid off your house a few years ago now you’re selling it for $300,000.  You figure that you would make a better return on your money by offering owner financing instead of cashing out and investing the money somewhere else.  This is a big part of your retirement, so ...

David Monroe

Short Sale Real Estate Agent
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