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SeattlebyDesign | Condos & Lofts, Houseboats, Waterfront, & Residential Real EstateSeattlebyDesign | Condos & Lofts, Houseboats, Waterfront, & Residential Real Estate

(206) 790-7874

Who Gets the Earnest Money?

Cash with a new house key and keychain

Have you ever wondered what happens to the earnest money deposit when residential transactions fail to close?  The answer is found in a piece of legislation created by the State of Washington called the Interpleader.  Intending to resolve uncertainties surrounding the proper disposition of earnest money deposits, this process was clarified for SeattlebyDesign, by one of our favorite Title & Escrow companies, and we felt obliged to share it with you.  Note that earnest money can be held by title companies, escrow agents, and real estate licensees.

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Posted in: SeattlebyDesign Properties Tagged: earnest money, new home, Real Estate, Real Estate Market, realogics sotheby's international realty, residential real estate, residential transactions, Seattle Real Estate, seattlebydesign

Where Next: Cannon Beach on the Oregon Coast

Who doesn’t love a visit to the Oregon Coast?  This month, Where Next delivers extraordinarily beautiful and quaint Cannon Beach, courtesy of one of its most prolific agents, Sally Conrad!

Cannon Beach, Oregon is the premier coastal destination of the gorgeous Pacific Northwest. A little more than an hour drive from Portland and just over three hours from Seattle, the area experiences an influx of over one million visitors per year from locations around the world. Impressive for a town with a full-time resident population under 2,000!

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Posted in: Destinations, General Real Estate Information, Relocation, Sothebys, Waterfront Tagged: cannon beach homes, cascade sotheby's realty, connon beach real estate, ecola state park, homes for sale on the oregon coast, homes on the oregon coast, portland coast homes, Real Estate, Sally Conrad, seattle by design, Sotheby's International Realty

Where Next: Insights from Our Broker Network

This month’s Where Next takes us to Park City, Utah! Area experts Jillene Cahill and Kambrine Harline of Summit Sotheby’s International Realty have graciously shared an informative report: The 2020 Resort Report.

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Posted in: Destinations, Relocation, Sothebys Tagged: hiking, Jillene, Jillene Cahill Kambrine Harline, Kambrine, mountain biking, Park City, Real Estate, Resort Report, Resorts, seattle —, seattlebydesign, SIR, Ski destinations, Sotheby's International Realty, Summit, Utah

Where Next: Insights from Our Broker Network

Let’s visit PALM SPRINGS with Realtor and Principal to Team LANGE BLEA, Marc Lange!  Marc is a 17-year real estate veteran and Top Producing Agent in the Coachella Valley, a favorite destination for Pacific Northwesterners. He co-leads a skilled team that has represented no fewer than 84 transaction in the last 12-months.  Marc’s 15-year hospitality background is well-evidenced by a 4.9 client rating across an astonishing 185 Zillow reviews!  If you’re thinking about a second home in Palm Springs or perhaps relocating and spending summers back in Seattle, Marc is definitely someone you should schedule some time with and it would be our pleasure to introduce you. Continue reading…

Posted in: Destinations, Investment Property, Realogics Sotheby's International Realty, Relocation, Rental Market Tagged: California, Coachella Valley, golf, Marc Lange, palm springs, Real Estate, Relocation, Sotheby's International Realty, Southern California, team lange blea, where next

Avoiding Transaction Delays

Whether buying or selling a home, reaching mutual agreement is an exciting moment.  While this feels like a victory, there’s an important final sprint to contend with and it takes place accompanied by experienced title and escrow partners.  It is their job to carry out the transaction, per the terms of the agreement, doing their very best to ensure that the transaction closes without a hitch. 

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Posted in: Education, Financial, General Real Estate Information Tagged: buying, close, deceased, escrow, Home Buying, judgments, lawsuits, liens, llc, Real Estate, Selling, smooth, state tax, title, transaction

Where Next: Insights from our Broker Network

Views at Dazante Bay

Danzante Bay at The Islands of Loreto, Mexico!  Located on the eastern side of Baja California Sur, Loreto looks out upon the Gulf of California and is quickly transforming into an upscale Cabo San Lucas. Realogics SIR is the exclusive Northwest partner for this development and invites you to experience all the area has to offer at Villa del Palmar—the premier destination resort in Loreto for luxurious spas, fine dining, sight seeing, water sports, golf, tennis, and so much more.

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Posted in: Destinations, Realogics Sotheby's International Realty, Sothebys, Waterfront Tagged: dazante bay, Destinations, golf, loreto, Luxury, New Development, Real Estate, realogics sotheby's international realty, RealogicsSIR, seattlebydesign, travel

Where Next: Insights from our Broker Network

St Croix in the U.S. Virgin Islands!  This month’s contribution comes from Vanessa “Ness” Fennessey, who descends from a line of London-based realtors dating back to 1804.  If you like to watch HGTV’s House Hunters International, you may have seen her in not-one-but-two episodes that feature the popular island.  Like many before her, Ness visited St. Croix in 2001 and fell in love with all the island offers.  Plan a visit and connect with Ness for some sage guidance.  She would be delighted share with you the virtues and secrets of island living, followed perhaps with a tour of available properties.

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Posted in: Destinations, General Real Estate Information, Investment Property, Realogics Sotheby's International Realty, Relocation Tagged: hgtv house hunters, house hunters international, Real Estate, seattle —, Seattle Real Estate, seattlebydesign, st croix, us virgin islands, vanessa fennessey

Where Next: Insights from our Broker Network

SCOTTSDALE/PHOENIX! Brad Kimmelman is an Associate Broker at Russ Lyon SIR, serving the Phoenix Metro Area. Brimming with endless warmth and charm, Brad is a talented partner well-equipped to make good on your real estate goals.

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Posted in: Destinations, Education, General Real Estate Information, Investment Property, Realogics Sotheby's International Realty, Relocation, Sothebys Tagged: Arizona Real Estate, Brad Kimmelman, Phoenix, Real Estate, Russ Lyon SIR, Scottsdale, seattle, Seattle Real Estate, seattlebydesign, sothebys

Touring the Floating Homes of Lake Union

They are some of Seattle’s most unique and recognizable homes, and there’s only 500 of them. Last month, team member Enrico Pozzo—an expert in all things floating homes—led a tour of Lake Union and the homes that top its waters. Skippered by Realogics Sotheby’s International Realty (RSIR) CEO Dean Jones, our team was joined by nearly 40 of our RSIR colleagues and a few guest brokers from our affiliates in New York and California.

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Posted in: Featured Property, General Real Estate Information, Realogics Sotheby's International Realty, Seattle, SeattlebyDesign Properties, Sothebys, South Lake Union, Waterfront Tagged: amazon, Apple, Floating Homes, Living on the Water, Real Estate, seattle, Seattle Market, Seattle Real Estate, seattlebydesign, south lake union, Tech Hub, Waterfront

Where Next: Insights from our Broker Network

Los Angeles! Ari Wintraub is a top-tier broker and referral partner serving the highly-competitive L.A. market. Based in Brentwood, he serves many of the most prestigious communities in the area such as Beverly Hills, B.H. Post Office, Santa Monica, Venice, and more.

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Posted in: Community News, Education, General Real Estate Information, Relocation, Uncategorized Tagged: California, Los Angeles, Market Update, Real Estate, real estate agent, realogics sotheby's international realty, seattle —, seattlebydesign, SoCal, Southern California

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