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Our Military Connections & Resources for Clients Who Serve
We proudly support our armed forces and their families, and we’re grateful for the sacrifices they make. Many of our real estate agents have worked with military families for years and are well-versed in helping families about to PCS (for our non-military readers, that means Permanent Change of Station). As proud locals, we love introducing newcomers to Kitsap County. A number of Windermere Realtors are either veterans or have family members who are. Whether you’re preparing to move to Kitsap or thinking of selling your home, we’re here to serve you.
Our Ties to the Military
Windermere Realtors like Forrest Arnold are veterans themselves. “As a 19-year-old sailor during the Vietnam event, I was crew during 103 combat missions…all in the midst of Agent Orange…So I’m grateful to have survived that time and to live in Kitsap where veterans are honored with honest appreciation.”
Military family members offer unique perspectives as well. “I was born in an Air Force hospital with my father at war in Vietnam,” says Windermere Realtor Audrey Newell. “I’m the wife of a career Navy officer (ret.). I have seen what service means, and I am thankful to all who serve, and the families and communities that support them.” Audrey also shared this powerful quote by Winston Churchill: “Never was so much owed by so many to so few.”
A Navy spouse and Windermere Realtor, Ida Bear shared a recent, meaningful experience. “Jim and I had the opportunity to visit Normandy, France. We spent a great deal of time there getting our heads and hearts around the selfless commitments made by thousands of soldiers. In the Normandy American Cemetery, we have almost 9,400 Americans laid to rest, most of them killed on one day of conflict. This quote hangs at Normandy and rings true and stuck with me:
“You can manufacture weapons, and you can purchase ammunition, but you can’t buy valor, and you can’t pull heroes off an assembly line.” – Sergeant John R. Ellery, U.S. 1st Infantry Division, landed in Normandy on D-Day
Kitsap County Resources
Kitsap County is a beautiful place to live. If you’re new to the area or looking for resources to assist those who are, we hope these will help you. We’re also proud locals, and many of our agents grew up here. So, if you have any questions, don’t hesitate to reach out.
- Guide to Kitsap County with videos and links
- Kitsap Events Guide with annual and recurring events listed by month
- Military Spouses of Kitsap Group to get connected and receive local recommendations
- Visit Kitsap Peninsula – a great tourism resource
- Windermere Sound Living’s Facebook & Instagram with local events, small business spotlights, and more
Real Estate Resources for Military Clients
If you’re preparing to move, Military OneSource has planning tools and relocation articles. Additionally, that’s where you’ll find the official Department of Defense guide for military installations worldwide. If you’re thinking of buying a home, you can easily learn about different types of VA loans, such as a Purchase Loan and an Interest Rate Reduction Refinance Loan (IRRRL). Branch Manager/Mortgage Consultant, Cherie Kesti, is our partner lender, and she can determine your buying power according to current BAH rates. We also have a helpful Home Loans Q & A article with her.
If you’re thinking of selling, here are some mistakes to avoid. and information about renting vs. selling your home. Our agents can also provide additional information about Kitsap County’s real estate market, Western Washington’s market, and more.
Staging a Home: Costs and Benefits
When it comes to selling your home, it’s essential to stand out to ensure the best price with the most favorable outcome. One effective way to do that is by staging your home. Staging will present your home in the best possible manner, appealing to homebuyers online and in person. Let’s explore the costs and benefits of home staging.
The Costs of Home Staging
Staging a home is an investment, and it’s important to understand the potential costs involved. The expenses can vary depending on the size of your home, the extent of the staging required, and your location. Here are some typical costs to consider:
- Professional Staging Services: According to data from HomeAdvisor, home sellers pay between $778 and $2,851 in home staging costs. However, the price can vary widely depending on how much staging needs to be done, if your home is vacant or not, and how big it is. How long your home is on the market also impacts the cost due to monthly furniture rental fees.
- Furniture Rental: If your home is vacant, you may need to rent furniture and decor to create a warm, inviting ambiance. Furniture rental costs can range from a few hundred to a few thousand dollars per month.
- Repairs and Updates: Sometimes, staging involves making necessary repairs or updates to your property. This may include fresh paint, minor updates, or landscaping improvements. Costs can vary, and a local expert will be able to assess your property’s specific needs.
- Storage Costs: If you need to store some of your belongings while your home is staged, you’ll need to consider storage costs.
- Utilities and Maintenance: While your home is on the market, you’ll need to keep your staged home in excellent condition. This may require additional utility expenses, as well as regular maintenance costs.
If you need financial assistance preparing your home, the Windermere Ready Program has benefitted many of our sellers. We can provide up to $100,000 and the program includes a personal consultation with one of our local real estate agents, high impact updates, and professional staging.
Why Sellers Should Stage Their Homes
Now that we’ve discussed the costs, let’s dive into the compelling benefits of staging your home:
- Faster Sale: Homes that are professionally staged tend to sell faster than unstaged properties. According to the National Association of Realtors (NAR), staged homes spend 73% less time on the market on average.
- Higher Selling Price: Staging can potentially increase your selling price. According to the National Association of Realtors, a 2021 report found that 85% of staged homes sold for 5% to 23% over the listing price.
- Improved First Impressions: Staging helps create a memorable first impression, making your home more attractive to potential buyers. An inviting and well-organized home can go a long way. In a 2023 study, 81% of buyers’ agents said staging a home made it easier for potential buyers to visualize the property as a future home.
- Increased Visibility: In today’s digital age, most homebuyers start their house hunt online. Staged homes typically photograph better, making your online listings more engaging. A captivating online impression can lead to increased clicks on your listing and increased foot traffic at open houses.
Why Use a Local Real Estate Agent
To ensure the successful staging of your Western Washington home, we highly recommend partnering with a knowledgeable, local real estate agent. Here’s why:
- Market Expertise: Our local agents understand the intricacies of Kitsap County’s real estate market. They know what buyers want and will tailor the staging process accordingly.
- Professional Network: Our experienced agents know excellent stagers, contractors, and other professionals who can assist.
- Pricing Strategy: Our real estate agents will help you determine the optimal pricing strategy for your staged home, ensuring you get the best return on your investment.
- Negotiation Skills: When it comes time to review offers, you want someone who will serve as your trusted advocate, using their negotiation skills to secure the best possible deal for you.
In conclusion, the benefits of staging a home far outweigh the investment. A well-staged home sells faster and at a higher price, and partnering with a highly-rated, local real estate agent ensures success. So, if you’re looking to sell your home in this beautiful corner of the Pacific Northwest, feel free to contact us with any questions you may have.
How to Negotiate After a Home Inspection
Even if the house you are buying seems perfect, often a home inspection will uncover necessary repairs. As the home buyer, it’s within your right to request credits or fixes to address those issues. Here are a few tips to effectively negotiate after a home inspection.
Required Repairs
Since a lender is making a financial investment in your new home, they will require an inspection. Additionally, the lender may require certain repairs before moving forward. Sometimes, these requirements are outlined within the loan agreement. Most often, this applies to major defects that could adversely impact a home’s property value. This typically includes structural issues, water damage, pest infestations, and building code violations.
Ideally, home buyers here in Washington won’t have major surprises discovered during the home inspection. Sellers are required to provide a disclosure form outlining defects and details about the home. That said, sellers can be unaware of certain issues, which is why home inspections are still really important.
Ask For Repair Credit
If the home inspection does reveal repairs, often the best strategy is asking for repair credit. Remember, the seller is in the process of packing up and moving on. They are no longer invested in the look and quality of their old home. There is a good chance that the seller won’t approach making repairs with the same level of care and attention to detail that you will. As a result, negotiating a repair credit and lowering the sale price is a great option. This way, the seller doesn’t have to worry about the repair, and you get a better deal. Once the sale is final, you can hire contractors you trust to do the job right. New to the area? Your local real estate agent should be able to recommend someone.
Be Practical
As you review the home inspection and contemplate the repair list, think about your plans for the house. Maybe there is damage on one corner of the kitchen floor, but your plan is to replace the floor eventually. Then perhaps it’s best to forego trying to address this relatively minor issue and focus on negotiating major repairs.
While sellers in Washington State are required to disclose defects, they are not required to fix them. If a major defect is revealed during a home inspection, your lender may require having it repaired. It’s your right as the home buyer to go back to the seller and attempt to negotiate this through a repair credit or a fix-it request. Technically, the seller can refuse. If the seller says no, you will have to decide whether to make the repair yourself or whether to call off the deal.
Consult Your Local Real Estate Agent
Working with a knowledgeable local real estate agent is essential in these situations. A highly rated Windermere Poulsbo agent can guide you through the home inspection process. If the inspection reveals necessary repairs, your agent will work with you to determine which repairs are worth negotiating. They will also negotiate on your behalf. If the seller declines, your agent can help you decide the next best step. Being able to rely on an expert negotiator after a home inspection is invaluable. Any huge financial decision should be made with as much information as possible and with the support of a local, experienced advocate at your side.
For additional information regarding the home-buying process, check out the Windermere Guide to Buying a Home.
Crossroads Rotary of Kitsap: Improving Our Parks and Trails
If you have enjoyed a walk in a local park lately, chances are you have a volunteer to thank for making the experience more enjoyable. With tens of thousands of acres of parks and trails in Kitsap County, volunteer groups and “adopt a trail” programs are what make maintaining them all possible. Crossroads Rotary of Kitsap is one of the local groups stepping up.
Port Gamble Trail Project
Port Gamble’s “Bluff Trail” was previously managed by the North Kitsap Trails Association, but was adopted by the Crossroads and Silverdale Rotary clubs. They have assisted Kitsap County Parks in installing three new benches and expanding the parking lot. The Bluff Trail winds along the shoreline of Port Gamble Bay, just south of town. It is the former location of one of the oldest roads in Kitsap County. In fact, you can see remnants of the old road along the path. The Bluff Trail is part of the Port Gamble Forest Heritage Park, a large preserve with just shy of 3,500 acres of multi-use trails, including a haven for mountain bikers. The Evergreen Mountain Bike Alliance – West Sound Chapter is another integral organization for trail conservation. Near the Bluff Trail at the water’s edge, you’ll find an access point to the Kitsap Peninsula National Water Trails system.
Want to help with this trail project? Crossroads’ next work party at the Bluff Trail is Saturday, September 23rd from 9:00 AM to noon. All are welcome.
Other Park Projects
Crossroads members also volunteer at Raab Park and Fish Park, which are managed by Poulsbo Parks & Recreation. At Raab Park, Crossroads has done work parties to clear invasive plants from the dog park area and clean up the sports courts. Additionally, plans are in the works for a new trail. It will connect two existing trails on the west side of the park. This trail “intersection” will be appropriately named the “Crossroads Trail” and will complete a loop around the park.
At Poulsbo’s Fish Park, Crossroads Rotary helps out with the general cleanup of invasive weeds and trail maintenance. More substantially, they have been replacing worn-out, non-slip treads along the boardwalks through the woods. Thanks to them, more of us can safely enjoy the trails regardless of the weather.
More about Crossroads
Crossroads is part of Rotary International which has 1.4 million members with 46,000+ clubs around the globe. One of the main missions of the organization is “Service above self”. This is echoed in the selfless work that is done in and for our communities. Founded in 2019, Crossroads Rotary’s name points to the club’s location and the geography of its founding members. It is “located at the crossroads to Kingston, Bainbridge Island, Silverdale, and Poulsbo”.
Get Involved
While many Rotary clubs meet in the morning or during lunchtime hours, which can be hard with work schedules and/or children, Crossroads meets at 6:00 PM every 2nd and 4th Wednesday of the month. You’ll find members in the back room of Western Red Brewing in Poulsbo. If you are interested in learning more about the Crossroads Rotary Club of Kitsap, you can visit their Facebook page or attend a meeting as a guest.
Looking for other ways to get involved in our community? Check out other wonderful nonprofit organizations like the Poulsbo Historical Society, Kitsap Community Foundation, and Fishline Food Bank. There are so many rewarding ways to get connected and give back.
Family Fun on Whidbey Island
Whidbey Island is the perfect spot for families looking for a fun day trip or weekend getaway. The island is about 40 miles long and is a popular destination amongst locals and those visiting the Pacific Northwest. It only takes a couple of hours to get to Whidbey Island from Kitsap County, and Whidbey is about an hour and 15 minutes from Seattle.
Getting to Whidbey Island
If you’re going from Kitsap County to Whidbey Island, you’ll most likely drive and then ferry over. The Port Townsend/Coupeville ferry takes about 35 minutes and drops visitors off on the northern end of the island. Most ferries are loaded on a first-come, first-served basis, but we recommend making a vehicle reservation for the Port Townsend/Coupeville ferry. Alternatively, the Mukilteo/Clinton ferry is ideal to visit the southern portion of the island. The crossing time is about 20 minutes. If you drive around from the Seattle area, you’ll get to cross the picturesque Deception Pass Bridge.
State Parks Galore
Celebrated for its natural beauty, Whidbey Island offers many ways to spend time in nature. Deception Pass State Park is the most visited state park in Washington for good reason. Between the biking, equestrian and hiking trails and the popular Cranberry Lake, visitors are in for a treat. Cranberry Lake also has a dedicated swimming area, which is ideal on hot summer days.
Another popular destination is Ebey’s Landing Reserve. It offers kids and family programming as part of an active working partnership with local farms. The reserve also houses three state parks within its borders: Fort Ebey, Fort Casey, and Ebey’s Landing State Park. Exploring the forts and hiking along their bluffs makes for an unforgettable experience.
Visit Whidbey’s Unique Communities
Whidbey Island has three major cities: Oak Harbor, Langley, and Coupeville. Oak Harbor is the largest city on the island and is home to a number of restaurants and shops. It is also the closest city to the Naval Air Station Whidbey Island (NASWI). The city co-hosts an annual Military Appreciation Picnic in September and you can learn more about the military history of the area at the Pacific Northwest Naval Air Museum.
Langley is a quaint waterfront city on the southern end of Whidbey Island. It hosts the Island Shakespeare Festival, which runs performances from mid-July to mid-September. Home to many artists and studios, you and your family can enjoy a First Saturday Art Walk and delve into the Langley art scene. Langley Whale Center is also a fun place to explore. You can view the whale sightings map, check out whale skulls, and listen to orcas in the listening booth.
Coupeville lies in the heart of Ebey’s Landing Reserve. It is the second oldest town in Washington and hosts many fun festivals throughout the year. Coming up in October is The Haunting of Coupeville – a great way to get into the Halloween spirit. You and your family members may also enjoy Haunted Fort Casey State Park. Other popular festivals in town include a MusselFest in March and an annual Water Festival in May that features annual tribal canoe races and dance performances.
Food & Drink on Whidbey Island
Whidbey has a variety of wonderful restaurants, coffee shops, wineries, and breweries. Check out this interactive map of popular restaurants on Whidbey Island and the neighboring Camano Island. While it’s hard to pick just a few great restaurants, Front Street Grill in Coupeville has excellent mussels and cioppino. The Braeburn in Langley is a delicious spot for breakfast and lunch, and Honeymoon Bay Coffee Roasters in Oak Harbor has great coffee and pastries. You can also enjoy local eats by visiting one of the local farmers’ markets. For a family-friendly place to grab a bite and a pint, check out Flyers Restaurant and Brewery in Oak Harbor. They’ve won many awards, and they’re dog-friendly. If you’re looking for a kid-friendly winery, Holmes Harbor Cellars is a family-owned, award-winning winery in Greenbank. They welcome kids and pets, and have igloos and cabanas to enjoy.
However you decide to spend a day or weekend on Whidbey Island, we hope you and your family have a wonderful time. And, if you fall in love with Whidbey and want to stay a little longer, check out this helpful Whidbey Island Guide, created by our friends at Windermere Real Estate Whidbey Island.
Made in Kitsap: Locally Made Home Goods
Transform your space from house to home by shopping for these locally-made products. Kitsap has got you covered for all your household needs, from larger items like custom furniture and wallpaper to small touches that enhance a room. Skip the big-box stores and support these fantastic small businesses next time you want to improve your space or need the perfect host gift.
Wallcoverings and Textiles
Designed in Poulsbo, Abnormals Anonymous offers stunning prints. The creators describe their prints as “drawn from nature’s oddities and designed to spark curiosity, infused with coastal, floral, and wildlife motifs.” Abnormals Anonymous has a variety of wallpapers, grasscloths, and textiles designed locally and manufactured in the United States. You can see their work in Poulsbo’s new Hotel Scandi.
Furniture Made in Kitsap
Have you been dreaming of a specific piece of furniture that you can’t find anywhere else? Experts in both traditional woodworking and modern Architectural Millwork, Phenom Woodworks specializes in custom residential and commercial work that includes non-traditional materials – making every project truly one of a kind. Based in Poulsbo, Phenom Woodworks combines Swiss precision with globally inspired design. The team thrives on challenging projects and loves finding creative solutions to bring your visions to life.
For raw-edge tables or handcrafted rocking chairs, check out Laeradr Millworks, also in Poulsbo. Additionally, they have a wide selection of hand-turned bowls and wall hangings. They’ve even designed unique wall-mounted arcade systems for high-end game rooms.
For the Kitchen and Bathroom
For these frequently-used rooms, it is all about the details. Kitsap does not disappoint when it comes to locally-produced products. F.R.O.G. Soap in Bremerton is known for its beautiful bar soaps and body products. Additionally, they have laundry and dish soaps, locally-made pottery, and other home goods. Point Unbroken, which you can find on Bainbridge Island, has a full line of hypo-allergenic soaps, lotions, salves, candles, and cleaning products. Poulsbo’s Away With Words Bookshop offers house-made lotions, sugar scrubs, and Cupcake Candle Company candles crafted in Sequim. Away With Words also features Frantic Art’s handmade ceramics, which are made in Kitsap but were only available at Pike Place Market until this year.
For pottery made in Kitsap, check out Fern Street Pottery. You can find it at many shops across Kitsap County, including Nordiska in Poulsbo, Danger on Bainbridge Island, and the Indianola Country Store. Fern Street is best known for mugs, barware, and serving items.
To check out various local home goods, visit the Poulsbo Farmers Market. We’re proud sponsors of the Poulsbo Farmers Market, and you’ll find wonderful vendors such as The Rustic Cedar Co., which creates laser-engraved cutting boards, and Secret Garden Lavender from Seabeck for all things lavender. Another local favorite at the market is Sea Wind & Fog, which has Pacific Northwest-inspired soy wax candles and diffusers.
For Your Pantry
If you want to fill your pantry with local goods, Spiva Spices in Silverdale specializes in spice blends and rubs. Also, Tea & Spice Exchange in Poulsbo carries various spices, salts, flavored sugars, and many teas. Kingston’s CB’s Nuts has great nut butters and roasted nuts. Crimson Cove in Poulsbo carries locally-smoked salmon, cheese, nuts, and preserves. Get your coffee fix with freshly roasted beans from Grounds For Change or Caffe Cocina, both in Poulsbo.
If these locally-made goods have inspired you to spruce up your home even more, check out our recent Q&A with local designer Kristin Alvarado.
How Curb Appeal Increases Your Home’s Value
When it comes to selling your house, one of the best first steps you can take is improving your home’s curb appeal. When prospective buyers first see your home, they are seeing the house, but also everything outside your house. It’s this whole view of your home from the street including the yard, landscaping, and driveway that has the potential to draw people in. It’s also the first thing people see when looking at houses online. A photo of your house and yard is typically the showcase image presented. Both in person and online, curb appeal increases your home’s value on average by 7% and improves buying prospects. There are simple projects you can do to make sure curb appeal increases value and makes your home look great.
Consider Painting Your Front Door
Painting your front door is a simple, yet fun and effective way to increase your home’s curb appeal. The front door is the entrance to your home and one of the first things people see from the street. Its appearance can set the tone for how your overall house is perceived. Before rolling up your sleeves and reaching for a brush, take time to consider which look best suits your home. Could your house benefit from a front door that’s stately, eye-catching, or something more neutral? There are many aspects to consider when choosing a color. This can easily be a DIY project. Or, if you prefer, you can hire a professional. If you decide to tackle painting the door yourself, follow these seven simple steps to complete the new look.
Enhance Your Front Porch
If your home has a front porch, make sure it looks welcoming! This is a great task to do in conjunction with painting the front door. Start by evaluating the condition and appearance of your porch’s paint. If there are scuff marks and peeling, it’s definitely time for a fresh coat. If the paint looks good, then focus on making the porch an inviting space and natural transition area from the front yard to your home. Start by removing any and all clutter and make sure it’s sparkling clean. Then spruce it up with potted plants, but don’t go too crazy. It’s best to find a nice balance of space and greenery. Lastly, if there’s space, add seating. You want prospective buyers to be able to see themselves sitting outside, relaxing in their new home. Consider adding a porch swing or some durable outdoor chairs.
Take Time to Landscape
Many potential buyers see the upkeep of your yard as a reflection of your home’s care and maintenance. This makes landscaping essential to improve your home’s curb appeal and value. Make sure your lawn is green and freshly mowed. Add colorful plants to your garden to make it look welcoming and picturesque. This is another great touch that improves your home’s first impression online. Laying mulch in your garden beds also makes your yard look well-manicured.
Paint or Power Wash the Outside
Take a good look at the exterior of your home and decide whether it needs improvement. Remember you want the house to look top-notch to improve curb appeal. If needed, a new paint job can make all the difference when it comes to making a good first impression. Before starting, research color palettes and consider the overall look of your home. If you plan on painting the front door, researching paint colors for both goes hand in hand. You’ll want to pick colors that complement each other. This includes other home accents as well, such as shutters and trim.
If your house has vinyl siding, then a power wash is a great way to remove dust, dirt, and grime to help it shine again. While you’re cleaning, check for any broken or damaged siding. This is definitely something you’ll want to fix before listing your house.
Learn about the Windermere Ready Program
If you’re not sure how to get started or how best to improve your home’s curb appeal, the Windermere Ready program is available to help. Through a personal consultation, a Windermere real estate agent will create a customized home plan identifying the best updates to make with the highest potential impact. This includes updates to the exterior to improve curb appeal and the overall value of your home. Some of the suggested updates may be easy DIY projects. For projects that are more involved, the Windermere Ready Program can provide up to a $100,000 loan to assist with expenses if needed. When your home is sold, the loan is paid off in one lump sum. For more information about the Windermere Ready program, please contact us. We want to ensure your home sells for the highest possible price in the shortest amount of time.
Want to Sell Your Home? Avoid These Mistakes
If you want to sell your home, it’s important to prepare in every way – and that includes avoiding pricey missteps. Selling a home involves various fees and costs. However, it also involves opportunities to maximize your profit. In order to have the best home-selling experience, avoid these costly and timely mistakes.
Not considering home-selling costs
There are many costs associated with selling a home. Prior to listing, remember to take into account the price of a pre-sale inspection and the listing agent’s fees. In addition, getting your home ready for sale may require repairs and/or staging.
After selling the home, there will be the remainder of the mortgage to pay, escrow fees, and property taxes. Additional taxes may apply to your unique situation, such as the capital gains tax. Finally, factor into your budget the cost of moving. You may need to hire movers, rent a moving truck, or find a storage unit during the interim period.
Not preparing your house for sale
While there will be fees and costs associated with moving, there are ways to guarantee your home is sold for its highest possible price. First and foremost: prepare your home for the market. Ordering a pre-listing inspection and discussing it with your real estate agent can help you decide what repairs will have the highest return on investment. As a result, the pre-listing inspection and repairs will often lead to a much smoother transaction.
Also, staging a home often results in the home being on the market for a shorter period of time. An expertly staged home instantly entices buyers, shows off the property’s best features, and helps them easily see themselves living there. Additionally, staging often leads to a home selling at a higher price point. The investment in repairs and staging can make a significant impact. A turnkey or move-in ready home drives sales. Sure, preparing to sell your home is an investment of time and resources, but it is a powerful revenue-generating task.
Not using a local real estate agent
A knowledgeable, local real estate agent can have a profoundly positive affect on the home-selling process. According to the National Association of Realtors, a good local Realtor will understand the specifics of the market you are selling in, have access to greater search power and offer objective opinions to maximize your home’s value. While some may try the “for sale by owner” approach, working with a local real estate agent offers many benefits. Utilize their expertise to maximize your efforts. A trusted advocate will have your back when it comes to negotiations, they’ll project manage for you, and you’ll have access to their network of excellent local vendors to get the job done right.
Not getting a CMA
One value a real estate agent can provide is a free CMA. A CMA is a Comparative Market Analysis. It is a comprehensive report that compares your property to others in the area. After walking through the home to get a general idea of its condition, the real estate agent will look at similar homes that have sold in your area. The agent will also consider local market trends and seasonal factors, as well as the location of the home.
The value of the report lies in its ability to ensure a home is priced to sell. In addition, the report can give insight into what upgrades and repairs are the most cost-effective to maximize a home sale.
Not taking advantage of home-selling programs
A distinct advantage of working with Windermere is its amazing program for home sellers. The Windermere Ready program is designed to help sellers make an excellent first impression with potential buyers. It provides the home seller with a personalized assessment and consultation with a Realtor to identify custom priorities for updating and repairing the home.
This personalized assessment takes the guesswork out of selling a home and allows the owner to maximize their profits with strategic updates and planning. Many Windermere agents and their clients have found great success with this program, as demonstrated in the video below.
Not waiting to sell
Generally speaking, it is better to hold onto a home for as long as you can. However, unexpected moves, family priorities, and job opportunities are some of the many common reasons a homeowner may decide to sell. Many may wonder: is two years enough time to wait before selling a home?
This is when it is important to consider the selling fees mentioned above. Closing costs, agent commissions, and taxes may not make selling the home a profitable financial decision. It’s also important to keep in mind that a home sold before two years have passed is subject to capital gains tax. Ensure you look at all the numbers before selling your home to ensure it has appreciated enough to cover closing costs.
The general rule of thumb is that it typically takes five years for it to make financial sense to sell a home.
Not accepting the best offer
Sometimes the best offer does not come from the highest bid. It’s important to discuss all the terms of the offer with your real estate agent. Cash offers or buyers who are pre-approved by a lender may be likely to close the deal on time.
In addition, go over all the contingencies laid out in the offer. Take into consideration the offer’s proposed deadlines and timelines. Look at all components of the offer to ensure it best meets your home-selling needs.
Selling a home can be a worthwhile endeavor financially. By avoiding these costly mistakes, you will be on the right track toward maximizing your home sale profitability.
Best Hot Springs in Western Washington
Some of the best hot springs in Western Washington are only a couple of hours from Kitsap County. Locals and tourists alike enjoy soaking in Washington’s natural beauty. From deep in the Middle Fork Snoqualmie Valley of the Cascade Mountains to the Elwha Valley of the Olympic Mountains, you can explore some of Western Washington’s beloved attractions.
Goldmyer Hot Springs
These are meant for the true wilderness enthusiast and adventurer. Goldmyer is only accessible by mountain bike or a 4.5-mile hike. And, lush forests and waterfalls treat visitors to a spectacular view along the way. The natural waters are the grand prize for those visitors willing to make the trek.
Reservations are strongly recommended because only 20 visitors are allowed per day. They are privately owned and operated by Northwest Wilderness Programs, a nonprofit organization. Learn more about how to make reservations.
Olympic Hot Springs
These pools were once home to the majestic Olympic Hot Springs Resort. However, they are no longer maintained or tested. The resort in the Elwha Valley in the Olympic Mountains is now closed. Thus, visitors are encouraged to use caution before entering the pools. They may contain harmful bacteria.
The Olympic Hot Springs is only accessible by foot. Road access is very limited in that area. Additionally, backpackers must obtain a wilderness use permit and follow all wilderness camping regulations. There is so much to explore in the Olympic National Park that many use these hot springs as a base camp. Just be sure to obtain an Olympic National Park Wilderness Permit.
Sol Duc Hot Springs Resort
The Sol Duc Hot Springs Resort is perfect for all ages, and it’s a fun weekend getaway. Enjoy this tranquil retreat by staying in a rustic cabin surrounded by evergreens. Additionally, included in the stay is access to the resort’s three mineral pools and one freshwater pool.
Prefer to visit for the day? The resort also offers reservations for the pools on a first-come, first-served basis, in person. What’s more, the water is tested in the mineral pools periodically, and visitors are encouraged to check the pool’s schedule.
Ready for More?
If you’re ready for other outdoor activities to enjoy here in Washington, check out our article on great places to go fishing and crabbing. Or, visit these fun farms here in Kitsap County.
Home Loans: Q & A with Mortgage Consultant Cherie Kesti
If you’re a first-time home buyer, the idea of buying a house may be exciting and overwhelming. We’re here to help by answering your frequently asked questions. Here at Windermere, we’re proud to partner with Penrith Home Loans and we love our lender, Cherie Kesti. Cherie is a Branch Manager and Mortgage Consultant with over 20 years in the home financing industry and a proud Kitsap local. She graciously made the time for our Q & A.
What are the most common types of loans for a first-time home buyer?
The most common types of loans for first-time home buyers are Conventional, which offers 3% as the minimum down payment; FHA, which offers 3.5% as the minimum down payment and, of course, VA financing, which offers zero down payment for qualified veterans or active duty members. Any of these programs can be coupled with a down-payment assistance program for those borrowers who qualify, as this is an income-driven program.
How does your credit score impact your mortgage rate?
A credit score can affect a mortgage loan in a good way or bad way. The higher the credit score, the better the interest rate structure, and there are more loan options available. The lower the credit score, the stronger impact it has on the interest rate structure (higher rate) and fewer loan options that may be available to the borrower.
What is the difference between a fixed-rate mortgage and an adjustable-rate mortgage?
A fixed-rate mortgage is just that. The interest rate is fixed for the life of the loan, albeit a 30-year term, 25-year, 20, 15 or 10-year term. The adjustable-rate mortgage will have a point in the loan where the rate becomes variable. It may be right away, such as on a home-equity-line-of-credit mortgage, or the rate may be fixed for the first 3 years, 5 or 10 years of the mortgage term before it converts to the adjustable-rate feature. An adjustable rate will have a limit to how high it can go during the life of the loan, called a cap. After the fixed rate term, the rate usually fluctuates once a year based on the index and the permanent margin of the loan term.
What is private mortgage insurance (PMI), and do I need it?
Private Mortgage Insurance (PMI) is default insurance for loan amounts that are greater than 80% of the value or purchase price of the home. This is an amazing tool/feature of a home loan because it allows borrowers to put as little as a 3% down payment on a home loan as owner-occupied. Of course, the more you put down, the less you pay in monthly mortgage insurance. For example, someone putting 15% down will pay less each month than someone putting 5% down. Just like you would want to insure your home for fire damage, PMI acts like insurance for the lender in the event the mortgage goes into foreclosure. It’s very expensive for a lender to foreclose on a home. The monthly mortgage insurance drops off automatically when the loan balance to the original purchase price or appraised value reaches 78%. Homeowners can request the loan servicing company to review for removal when it reaches 80%, and their payments have been on time for the past 24 months.
What is the debt-to-income (DTI) ratio, and how does it affect my ability to get a mortgage?
Debt-To-Income (DTI) ratio is the calculation between the total gross monthly income(s) and the total credit reported monthly debt + alimony or child support obligations + new mortgage payment and sometimes the current mortgage payment if keeping the departing residence. If one carries too much debt for the gross income to stay in line with the mortgage loan guidelines, it may affect the buyer’s purchasing power. Or, it may require the borrower to pay off debt as a condition of the loan approval. Every file is different in how their DTI affects them. But this gives you a good idea of what we look for.
What is the difference between pre-qualified and pre-approved?
Being pre-approved will get you further on the integrity of your purchase offer than just a pre-qualification letter. Pre-approved means that your application has been completed, reviewed by underwriting, and conditionally approved. Conditionally meaning that title, appraisal, insurance, and perhaps updated pay or bank statement are needed before closing. Pre-qualified just means that an applicant may have had a conversation with a loan officer, and credit approval is automated vs. being reviewed and approved by an underwriter. At Penrith Home Loans, we have a unique process we take our borrowers through to get them the highest level of loan approval: Certified Home Buyer.
How much can a borrower afford to spend on a home?
Well, that depends on what their loan qualifications and credit look like. Each borrower brings a unique set of qualification features to their loan application. The Loan Officer or Mortgage Consultant plays an important part in helping each borrower answer that question. The affordability aspect may be influenced mainly by the amount of gross monthly income that can be verified and acceptable. Or, it may have everything to do with how much the borrower can bring to the table as their All-In $$ number drives how much they can afford.
What are the advantages and disadvantages of getting a government-backed loan such as an FHA or VA loan?
A government-backed loan such as an FHA or VA loan are common first-time home buyer programs. FHA self-insures their loans for default which allows borrowers with lower credit scores to qualify for a lower down payment with a little better interest rate than what a Conventional loan may offer. Self-insured just means that there is an up-front Mortgage Insurance Premium amount that is allowed to be financed into the base loan amount (after the minimum down payment is applied). Then, there is a monthly mortgage insurance amount that is built into the payment that stays on there until the loan is paid off or refinanced to a conventional loan. Again, mortgage insurance is default insurance for FHA in the event of a foreclosure.
When it comes to VA loans, this is a popular first-time home buyer program, too. But you can use it subsequently with seasoned VA home buyers, allowing as little as zero down each time. VA charges a Guarantee Fee, which acts the same way when a VA loan goes into foreclosure. The VA funding fee or guarantee fee is allowed to be financed into the loan. The percentage of the VA funding fee charged changes depending on whether the borrower has a down payment or not. The more the down payment, the lower the VA funding fee charged. If the veteran receives a VA-related disability income, then the VA funding fee is waived completely. The advantages of either of these programs are that they allow minimum to no down payment, leniency on credit scores, and allow for a higher DTI than a conventional loan may.
What is a home inspection, and why do you need one before buying a home?
A home inspection is usually not required to finance the purchase of a home unless an appraisal report specifically calls one out. Examples include a roof inspection, an inspection on the well or septic, or a structural inspection if there are concerns pointed out on the appraisal about the health and safety of the structure. A home inspection can be an important part of learning if the home being purchased needs immediate maintenance attention. It can also help you plan for maintenance attention down the road of ownership. You’ll be able to learn more about the inner workings of your home, such as furnaces, hot water heaters, electrical panels, plumbing details, etc. When you own a home, you become responsible for its upkeep, which ensures your home will hold its value over time.
An appraisal report is not a home inspection. It is a report, usually required with a mortgage, that compares the subject home with other recently sold and similar homes in the area for value and condition. The appraiser will want to see the terms of the purchase in hopes that the appraised value of the home will support what it’s being sold for. The lender also looks for the home to be in an acceptable condition for health and safety.
If you have additional questions about home loans, you can contact Cherie Kesti or one of our Windermere Poulsbo Brokers. And, when it comes to lenders, a local lender can make a huge difference. Additionally, you may want to check out our home-buying checklist. Best of luck on your homebuying journey!
