What is the difference between a distressed sale and a short sale?

These real estate phrases are sometimes used interchangeably, but the meanings are very different. Following are oversimplified definitions for the state of Washington.

The $35,000 mistake - Why you should review your title report.

You hire a broker to represent you in the sale of your house, and eventually you get an offer you can live with. The buyers are ready, willing and able to close the deal. Sounds great, right?

Well, not if your driveway encroaches on the neighbor's property and you can't deliver clear marketable title to your buyer. A Mississippi court recently ruled that the seller owed more than $35,000 to their listing broker because the seller was unable to perform even though the broker bought them a ready, willing and able buyer.

This is an example of why we recommend eliminating surprises by ordering your preliminary title report upfront.

Our Email Newsletter

[2/11/09 update - this old blog post has some defunct links in it. For the latest and greatest info, check out the new site.]

We sent an email today to our past, present and future customers. With addresses changing so often and email hosts being extra cautious with filtering out spam (rightfully so), we know some people will not receive the email version. So here is a reprint, blog-style:

We are writing today to give you an update on MLS4owners.com and the real estate advertising model you have helped make so successful.