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All agents are NOT alike! Find out why we are top real estate experts. Call us at 206.353.7107 and ask for Ricklie or Ron.
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Buyers Want Your Home for as Little as Possible. Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision. Find Out More > View All Offers >
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" House Was In Good Hands" "It was great being able to leave Seattle confident that the house was in good hands." Holly and Mark, Madison Park Read Quote > View All Quotes >
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Ricklie Stone and Ron Waxman
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" House Was In Good Hands"
"Thanks to the two of you. It was great being able to leave Seattle confident that the house was in good hands."
Holly and Mark, Madison Park
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Financing Your Home >When Interest Rates Rise
Many people fall out of the home buying market when interest rates start to go up. This is often a mistake. Many of the best mortgages deals become available when lenders are competing for new business and sellers are competing within a smaller buyer pool. You just have to know how to keep the costs down in order to counter the higher interest rates.
One of the best tricks is the buy-down. In a buy-down, a fee is paid at the closing to get a lower interest rate. In a soft market, an anxious seller may be lured into to paying all or part of the buy-down. Another approach is to get the seller to pay some of closing costs, thus lowering the amount of cash a buyer needs to close. Frequently the seller's costs can be used as a write-off by the buyer. Always consult with your tax advisor if you are considering such an arrangement.
If the market is softening due to rising or higher rates, the price itself becomes an area where a buyer may be able to save a lot of money on a house through skillful negotiating. Lower prices mean lower loan amounts, so don't be discouraged by higher rates--use them to your advantage.
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| Q |
Where and when was the first motel introduced on the American commercial real estate scene?
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| A |
The first motel, appropriately named the "Motel Inn", opened in San Luis Obispo in 1925. |
See More Real Estate Trivia > |
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Ricklie Stone and Ron Waxman Coldwell Banker Bain 1200 Westlake Ave. N. #406 Seattle, WA 98109 "The Results You Need" Ricklie: 206.216.3445 Ron: 206.353.7107 Fax: 206.284.6317 RicklieandRon@SeattleResults.com
Ricklie and Ron serve clients in all of Seattle's urban neighborhoods including Downtown, Belltown, South Lake Union, Queen Anne, Magnolia, Ballard, Sunset Hill, Fremont, Wallingford, Green Lake, Maple Leaf, Ravenna, Roosevelt, Wedgwood, Laurelhurst, Windermere, Jackson Park, Pinehurst, Olympic Hills, Lake Forest Park, Capitol Hill, Denny Blaine, Montlake, Madison Valley, Madison Park, Central District, Leschi, Madrona, Mt. Baker, Columbia City and West Seattle. Additionally, we work the eastside from Bellevue to North Bend and north of Seattle from Shoreline to Edmonds. We are experts in transacting single home homes, townhomes, condominiums, co-ops and investment properties. We're passionate about real estate and that translates into results for our clients. For THE RESULTS YOU NEED, contact Ricklie and Ron, SeattleResults.com. 


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