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Realtor’s Corner
The KCM Blog www.kcmblog.com
Picking the Right Agent is Crucial
Posted By The KCM Crew On October 5, 2011 @ 7:00 am
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The National Association of Realtors (NAR) released their Existing Sales Report two weeks ago and in the report they discussed a troubling trend: “Contract failures – cancellations caused largely by declined mortgage applications or failures in loan underwriting from appraised values coming in below the negotiated price.�
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NAR explained that 18% of all contracts were cancelled in August. This compares to 16% last month and 9% in August of 2010.
The percentage of cancelled contracts has doubled in the past year!!
It is extremely important that both buyers and sellers pick the right real estate professional to assist them with their real estate needs.
É„
BUYERS
Patrick Davidson
Silvia Lopez
Mike Lamey
Cole Grode
Carl Pires
Sandy Calicoat
Branch Manager
Natasha Rathbun
Home Mortgage Consultant
Home Mortgage Consultant
Home Mortgage Consultant
Home Mortgage Consultant
Home Mortgage Consultant
Home Mortgage Consultant
670-3628
664-5016
664-5015
664-5013
630-7437
NMLSR 408637
NMLSR 702703
664-5014
NMLSR 420483
NMLSR 404712
NMSLR 403979
664-5012 NMLSR 418619
NMLSR 404509
1014 5th Street, Suite 101, Wenatchee, WA 98801 664-5010
Sandy is located at: 222 E. Woodin Avenue, Chelan, WA 98816
1. Available on all qualified purchase transactions. Other terms and conditions apply. See a home mortgage consultant for details. Credit is subject to approval. Some restrictions apply. This information is accurate as of date of printing and is subject to change without notice. Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A. Š2011 Wells Fargo Bank, N.A. All rights reserved. NMLSR ID 399801. "WBJ MB C MF PO BMM RVBMJmFE QVSDIBTF USBOTBDUJPOT 0UIFS UFSNT BOE DPOEJUJPOT BQQMZ 4FF B IPNF NPSUHBHF DPOTVMUBOU GPS EFUBJMT 8FMMT 'BSHP )PNF .PSUHBHF JT B EJWJTJPO PG 8FMMT 'BSHP #BOL / " ª 8FMMT 'BSHP #BOL / " "MM SJHIUT SFTFSWFE
(mortgaging, title, etc.) SELLERS Realize that your agent must sell the home twice: 2. to the bank (through the appraiser).
Bottom Line It is imperative in this housing market that both buyers and sellers use a true real estate professional to guarantee that the deal will actually reach the closing table.
Bringing Buyers & Sellers Together
Office: (509) 888-3950
Darlene Garton Real Estate Specialist
gary@premierone.biz Cell 509-679-4132 garymullenrealestate.com
R E A L E S TAT E
881-1600 $POOFDU UP KPIOMTDPUU DPN XFOBUDIFFPGm DF t t / 8FOBUDIFF "WF This Office independently Owned & Operated
www.wenatcheepremierhomes.com Stephen Office: 662-3491 Bishop fax: 664-3897
679-7004
Sharon Moreland
670-0075
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Debbie S. Feist, LUTCF (509) 884-4800
342 N. Wenatchee Ave. Wenatchee jasonellard@allstate.com
363 Eastmont Ave. East Wenatchee debbiefeist@allstate.com
Brad E. Huddle (509) 664-4000 235 N. Mission St. Wenatchee bradhuddle@allstate.com
DISCOUNT PERCENTAGES VARY BY STATE, include discounts for having multiple Allstate policies/products and are subject to terms and availability. Allstate Fire and Casualty Insurance Company, Northbrook, IL. Š 2010 Allstate Insurance Company.
741-2548 Cell
~ Buying or selling...together we can unlock your dreams! ~ ~17 years marketing & ~ new construction experience ~ heidi@premierone.biz