We Buy Houses

My partners and I are looking to purchase 3 – 4 single family and multi-unit properties in the Seattle area within the next three months. 

I work with business associates who currently own more than a dozen properties in the Seattle area, some of which are commercial income properties. We are serious buyers who invest in real estate as a profitable way to improve the neighborhood and the community, while offering affordable housing options to individuals, couples and families. My partners and I are willing to fix up and renovate properties in “as is” condition, often purchasing properties through techniques with which most traditional realtors are unfamiliar or untrained. That means that in today’s skittish lending market, we can close without relying on conventional financing. We can pay cash and close quickly, if that is best for you.

I promise you that we won’t waste your time. My Washington real estate license provides access to professional training and information on comparable sales, but I am not looking for listings. I am looking to buy, and I pay fair prices for properties—with no commissions paid to me whatsoever on unlisted property.  I assure you that this is not a solicitation for a listing, and is not an attempt to circumvent broker fees as part of any existing listing agreement if that is the case.

If now is not the right time to sell, please keep my information and feel free to contact me at 206-355-1706 any time. Our conversation will be kept completely confidential. And you will have one or more purchase options to consider, with absolutely no pressure or obligation.

I look forward to hearing from you!

Sincerely,

Wendy Ceccherelli

 206-355-1706

homelandinvestment@gmail.com

Investment Broker, Century 21 NW

North and South Seattle House Prices

301 single family homes sold in the city of Seattle in the last two weeks. Of these, the median home price was listed for $525,000 and sold for $585,000. Half of these homes sold in less than seven days.

North of downtown the median home was listed for $595,000 and sold for $623,000 ($331/sf) in 7 days.

Houses south of downtown were listed for a median price of $485,000 and sold in 8 days for a median price of $528,000 ($275/sf). This is a discount in price of roughly 17%.

The 24 homes that sold in southeast Seattle sold for a median price under $260/sf, roughly 18% less than homes in North Seattle.

Of the sales in the last two weeks, the neighborhoods that attracted the most sales were:
Ballard/Green Lake - 81
West Seattle - 57
North Seattle - 46
Central Seattle - 37

Location makes a difference.

Happy Investing!

98117

There are 47 active residential listings in the 98117 zip code, also one of the most active zip codes in Seattle. It includes neighborhoods like Ballard, Crown Hill, North Beach, Loyal Heights, Phinney Ridge, and Greenwood.

The median list price for these properties is $619,000 for a three-bedroom, 2.25 bathroom home with 2380 sf of living space. The median length of time these listings have been on the market is 19 days.

Four of these properties have been on the market over 100 days. This always provides opportunities for investors, when you see outliers that do not sell quickly. They are either over-priced, or need a lot of work. Many investors look for properties where they can solve problems and add value by redesigning functionally-obsolete floor plans, or taking care of deferred maintenance. I am happy to send a list of these outlying properties, simply email me at HomeLandInvestment@gmail.com. This is just one strategy I use for helping investors find deals.

Happy Investing!

Your Own Personalized Home Search

Want your own customized search for properties to buy in our local real estate market? I have a new tool to aid you in your home search!

Simply go to http://wendyceccherelli.agentfolio.com and set up your home search criteria. You will get listings right off the NWMLS, as soon as they hit the market, from all real estate companies, including bank foreclosures, company-owned properties or other distress sales. You may change, modify or delete your search at any time. It is a free service, and you are never obligated to buy.

Agentfolio is revolutionary new product that enables you to search current listings, while staying in communication with everyone that is part of your home search. Agents needed a better way to engage and communicate with their buyers, which is why Zillow created Agentfolio. As a Zillow Premier Agent, I can offer this service for free to my VIP Clients. If you like it, you may add other friends and family as users to Agentfolio.

Agentfolio not only streamlines the home buying process, it transforms a usually overwhelming experience into an efficient and joyful one. Agentfolio was created for both Agents and Homebuyers. It focuses on workflow, search, relationships, data, and ease-of-use.

Agentfolio was acquired in 2012 and is now a Zillow Inc. business, and part of Zillow’s portfolio of real estate and home-related marketplaces.

Don’t forget to download the Agentfolio mobile app for Android and iPhones. Check it out over the holidays, and let me know what you think!

Happy Thanksgiving!

Homes for Sale in Seattle

Want to buy a home in Seattle?

Please google the phrase "Homes For Sale in Seattle" and look for the ad on the right side of the screen with my name, Wendy Ceccherelli, on it. Click the underlined heading and it will take you to my website at

wendyceccherelli.wwmediaagent.com

where you will be able to search listings, explore neighborhoods in Seattle, compare prices and learn more about my real estate services. For more resources on buying or selling residential property in Seattle, feel free to contact me at HomeLandInvestment@gmail.com.

Happy Investing!


Photo courtesy of Miriam Israel Moses