Olympia lakefront house for sale on Summit Lake

Cast your pole or dock you boat - Olympia lakefront house for sale

Have you dreamed of your own cottage on the lake? Well you can stop dreaming start enjoying this wonderful Summit Lakefront house for sale. You will be swept away with its charm & warmth & be in awe of the 75 /- feet of no bank waterfront. You will love your private dock, boat lift and a wonderful home surrounded by extensive teak decking. There is even a hot tub! So whether it is a day of wake boarding w/the whole crew or a quiet day of fishing, this is the Olympia lakefront house for you.

Click here for or more details of this wonderful Olympia lakefront house for sale on Summit Lake



Call Wes Neal with any questions on this home or any Olympia lakefront house for sale... Call 360.402.8130 - Prudential Olympia


View Larger Map

Wes Neal Investment Sales Specialist, Thurston County Mobile: 360.402.8130 wesleycneal@gmail.com   Solution Based Real Estate Expertise  Visit... HouseForSaleWA

To schedule an appointment click here.
For driving direction click here to check us out at Google Places

I think I can... I think I can... but I could use a push!

Sometimes we all feel down and need a little lift, here are a few clips that lift my spirits and I hope they do the same...

Remember, you are great beyond meassure.

Reasons not to quite.

Look me in the eyes.

The challenge is to become all that we have the possibility of becoming, too stretch to our own limits and to believe!

Wes Neal Investment Sales Specialist, Thurston County Mobile: 360.402.8130 wesleycneal@gmail.com   Real Estate Expertise With Cutting Edge Technology  Visit... HouseForSaleWA

5.1 tips to make Olympia home buying successful

5.1 tips to make Olympia home buying successful

1. Get mortgage-ready. The Olympia home buying market is heating up; getting you mortgage insures that you can act fast when you find that perfect Olympia house for sale. Make sure your credit is as strong as it could be.

2. Budget wisely (stay within your budget). Be aware of utility, maintenance and transportation costs to determine if a home isaffordable. Buying a house in the rural Olympia is great, just make sure you account for the commute cost.

3. Get the right mortgage. Fixed-rate mortgages offer payment certainty, while adjustable-rate mortgages frequently provide lower initial monthly payments, which could rise considerably over time.

4. Get help. Searching for a home over the Internet (Check out...http://www.housesforsalewa.com/) is one thing; actually going through the process and closing on a home without professional assistance is another.

5. Take your time. Buying a house in Olympia, WA is not a race. Moving too quickly because the "dream home" just came on the market could be the first of many mistakes. Take the time to obtain a home inspection, look over the neighborhood and investigate the school district.

5.1 Use Wes Neal to buy or sell Real Estate in the Olympia, Lacey, Tumwater and surrounding areas!!!


   

Wes Neal

Investment Sales Specialist,
Thurston County

Mobile: 360.402.8130

wesleycneal@gmail.com
 

Real Estate Expertise
With Cutting Edge Technology 
Visit... HouseForSaleWA
      

Lakefront retreat for sale on prettiest and cleanest lakes in Olympia

Lakefront retreat for sale on prettiest and cleanest lakes in Olympia
Have you dreamed of your own cottage on the lake? Well you can stop dreaming start enjoying this wonderful Summit Lake home. You will be swept away with its charm & warmth & be in awe of the 75 /- feet of no bank waterfront. You will love your private dock, boat lift and a wonderful home surrounded by extensive teak decking. There is even a hot tub! So whether it is a day of wake boarding w/the whole crew or a quiet day of fishing, this is the home for you.
For more information, picturs and full details on this home... click here.

Listing Courtesy of Wesley Neal, Prudential Olympia Realtors

Click here to get instant access to all the waterfront homes for sale in Olympia on Summit Lake

Wes Neal Investment Sales Specialist, Thurston County Mobile: 360.402.8130 wesleycneal@gmail.com   Real Estate Expertise With Cutting Edge Technology  Visit... HouseForSaleWA

Olympia, WA ~ Foreclosure is not your only option

Foreclosure is not your only option 

If you are like many American families who had a reduction in your pay, things can be stressful looking for a way to satisfy the mortgage, car payment, credit card debt and other things. Maybe you had to re-locate due to your job and are having to make double mortgage payments or a rent payment along with your mortgage. This can be a juggling act and many find themselves going into default on their home loan and subject to Foreclosure.

Their are other options to Foreclosure that many may not be know that exist. Their are re-payment plans, Loan Modifications and also the Short Sale. This may be an option if all others fail and is far better that having a Foreclosure on your credit report.

You may ask why would the lender want to do a short sale instead of foreclosing on the property ?  The answer is that this could be a savings to the lender. It can take 9 Months for a Foreclosure and Real Sale of the home and by the lender allowing the resale it also is a benefit to the borrower as they do not have a foreclosure on the credit and the do not have there name posted in the local news paper. You must submit a short sale package in order to qualify for a short sale.

When you realize it is time to sale your home in lieu of a foreclosure, you don't want just any Realtor working for you as many have not ever worked a short sale. These are much different from the traditional real estate transaction. You should hire a Realtor who has experience and is successful working short sales.  The entire process involves much more than the average closing and will take longer than the normal 30 to 45 days to close. Once you have an accepted contract on your home, it must them go to your lender for their approval process as well.

You may ask, how does this process actually work ? The listing agent and the home owner will negotiate the offers to get the BEST and HIGHEST possible offer. This is very important as the lender will also verify the value of your home to see if this will actually be a savings to the lender versus preceding with a foreclosure. Remember not to add in any fees that are not normally paid and the lender is not going to allow junk fees, home warranties, repairs to be paid at closing.

Now lets say you have a 2nd Mortgage (Junior Lien) This can put a whole new spin on things as we are now negotiating with 2 loan service providers. The junior lean holder does not always want to be as willing to accept less on their loan and often ask for a promissory note to satisfy the debt. They must agree to the short sale as well. If they don't and your home goes into foreclosure, they loose as well. So in this case something is better than nothing. Once the lenders are acceptable to the short sale, they will send you a demand letter that will tell the terms of their approval and this must be submitted to the title company or closing attorney depending on which one is used in your area.

One thing to also keep in mind is that if your lender has already started the foreclosure process, this may continue until you have an acceptable offer on your home. You should always consult with your tax adviser and or attorney about possible tax consequences and legal questions you may have.

Below you will find additional information that will be useful in understanding the process of a short sale.

Please call me at 360.402.8130 if you would like to start this process.

Requirements to do a Short Sale

The Home Owner Qualifies for a Short Sale with a Short Sale Package.

Here are the required items for a Short Sale


   1.  2 years Tax Returns (Signed)
   2.  2 Most recent pay check stubs with YTD
   3.  Financial Statement
   4.  2 Months Bank statements with bank logo
   5.  Hardship Letter

* A hardship letter is a pitty letter to the lender. This is just a letter needs to tell you story to the lender. It needs to be more than " I lost my job " It needs to tell how it has affected the family.

* No Tax returns: Blank paper write Tax returns as the top and explain why they don't have a tax return

* No pay stubs: Blank paper write Pay Stubs on to and explain why they don't have any.. like.. They lost their job. If they have Unemployment or Social Security, get a copy of this to turn in.

* No income, Social Security ect. Find out who is making their payment the payment for groceries, utilities ect.

* No banks statements because the took all money out and closed the account because they were trying to stay afloat.

* Other items could be added to the list from your lender


Please call me at 360.402.8130 if you would like to start this process.

Negotiating The Short Sale

Who will Negotiate the Sale ?  The listing agent and the home owner will negotiate the offers to get the BEST and HIGHEST possible offer.

Always present ALL offers to the seller and REJECT and or COUNTER Unreasonable offers. Have the Home owner to Accept the Best and Highest offer subject to the lenders approval of a Short Sale.

The lender don't want you to send in all offers for them to negotiate. You will only send then the BEST and HIGHEST offer for Short Sale approval. 

Keep in mind that this can take 45-90 days to get the approval. The lender has to weigh the value of a Short Sale ~VS~ Foreclosure. There are many steps to the process. You will need a completed HUD-1 that must reflect the offer being submitted to the lender with the following information:

1. Dates
2. Fees
3. Names

Remember these tips

1. Do NOT add any fees that are not normally paid
2. Seller may NOT receive any proceeds from the Short Sale

These fees will generally NOT be paid on a Short Sale

• Home warranty
• Repairs - Short Sales are sold "AS-IS"
• Inspection Fees
• Fees normally paid to Buyers including Tax service fees
• Surveys
• Junk Fees
• Utilities
• Buyer Closing Cost over 3% of sales price

Fees they will consider paying

• Property Tax
• Owners Policy
• County Doc. / Transfer Tax (if applicable)
• Escrow Fees
• Commissions - May be reduced
• Junior Lien Holders - these must be negotiated and show amount offered for release of the Junior Lien Holder.  (Junior Lien Holder would be like the 2nd Mortgage)

Junior Lien Holders may accept $1,000 - $3,000 (Example) to release the property but not forgive the debt.

 * You ask why they may do this.

1. Better than getting nothing at all.
2. Professional Courtesy

Please call me at 360.402.8130 if you would like to start this process.

Submitting A Short Sale Offer

Here is a list of what you are going to need when submitting the Short Sale Offer

1. Signed Offer - Buyer(s) & Seller(s)
2. Estimated HUD-1
3. Buyers Qualification Letter
4. Short Sale Package
5. Signed 3rd Party Authorization
6. 2 Years signed tax returns
7. 2 Months bank statements
8. 2 Most recent pay check stubs
9. Financial Statement
10. Hardship Letter

 For a Short Sale Approval

1. You need to demonstrate to the Loan Holder that it makes sense to approve the sale
2. You provide the documents needed to justify their decision
3. Have pictures and comps
4. Make the lender aware of your marketing (your efforts and pricing history)

 Why so long for a answer?

1. Lender needs to verify the value of the property
2. Order the appraisal
3. Order Brokers Price Opinion -this could take a couple weeks pending on where this file is in the stack
4. Lender needs to get approval - Based on how big the discount would be

Please call me at 360.402.8130 if you would like to start this process.

Short Sale Savings to the Lender

Why would the lender want to do a short sale instead of foreclosing on the property ?

Here is a example why the Short Sale would be better for the lender.

Short Sale Scenario                                                                                                  

$220,000 Actual Loan Amount                                                         

$200,000  Actual Market value.                                                        

  $18,000 Commission and Closing Cost                                             

$182,000 Amount left to Satisfy the lender                                             

 ($38,000) Amount the Lender would discount the Mortgage                 

                                                                                                                                                                                                                     

                                                                                                             

Foreclosure Scenario

$220,000 Actual Loan Amount                                                        
$200,000  Actual Market value.

    $1,900 Legal Fees

    $9,500 Lost Interest

    $7,000  Taxes, Insurance, Maintenance & Utilities

  $18,000 Commission and Closing Cost  

  $83,000 Amount left to Satisfy the lender

($27,000) Loss to the Lender

By doing the Short Sale the Lender SAVINGS are $56,400

It can take 9 Months or more for a Foreclosure and Real Sale of the home By the lender allowing the resale it also is a benefit to the borrower as they do not have a foreclosure on the credit and the do not have there name posted in the local news paper.

Please call me at 360.402.8130 if you when you are ready to start this process.  

Wes Neal Investment Sales Specialist, Thurston County Mobile: 360.402.8130 wesleycneal@gmail.com   Real Estate Expertise With Cutting Edge Technology  Visit... HouseForSaleWA

Paint or rehab your way in the door, to your dream home

Over the past few years I have seen a lot of house for sale in Olympia, Lacey, Tumwater and our surrounding areas, with past up because they weren't "the perfect home."  I hate to be the one to break this but, there is no perfect house; but with a little vision and a positive attitude there are so many ways to make an "OK" or even an good home pretty near perfect! Sometimes it's as easy as paint, carpets and landscaping.

I remember many years ago, showing a young lady house for sale near Olympia and she had told me exactly what she wanted in a home; so like a great real estate agent I went out toured the homes and found several that I thought were great and one that I thought was perfect for her.  The only problem with the perfect one is the lawn was very overgrown with huge bushes hiding the deary dark brown home.

I met with her the next afternoon to look at first time buyer house in the area and off we went to see seven houses for sale under $150,000.  The home with the overgrown lawn and the dreary brown paint was 4th on our list.  When we pulled up to the house for sale, she wouldn't even get out of the car.  She told me this is not what I am looking for, so we left (the home was vacant so no one was expecting us). She ended up finding a house in Olympia that she really liked and I helped her get it for a great price and she was happy.

We stayed in touch and one day she calls me and said "you won't believe what happened to me!"  Being the great Realtor that I am thought... Oh no, the roof caved in or worse!  She goes on to say, "remember that ugly brown house that you showed me (which at first I didn't but thankfully this wasn't a test)?  Well I went to a house warming party this weekend and it was at that house in Lacey that you really liked and I wouldn't look at!"  Then I remembered.  "They had painted it the cutest taupe color and got rid of all of those awful bushes and guess what? It was absolutely darling... I so wish I would have listened to you... I loved that home!"  We talked for a while longer and then hung up.

I am not telling this story to say that I was right because I wasn't.  I should have politely insisted that you got out and looked at the Lacey house for sale (like I have done with every client since her call).  Then I could have helped her see the home how it could be, not as it was.

Many people think that you have to have a ton of extra money to buy a house in Thurston County that is a fixer for sale or that needs a lot of work. First time home buyers particular think this.  That truth is that if you have the ability and are willing to spend some time you can do it all for pennies on the dollar.  There are also some great rehabilitation loans (203K) that allow you to barrow what it would cost to fix and or remodel the house that is for sell. You can get into some of these loan programs with as little as 3.5% down (which can be gifted) and even get paid to do some of the work.

Many of my investors and home buyers have used this type of loan over the years and have thought that it was great and helped them build instant equity. If you are thinking of buying and would like more information give me a call 360.402.8130 or click here to visit my HomeFinder website.

Incredible Townhome!!! Overlooking the Port Of Tacoma, Mt Rainier and the City Lights at Night!!!

Wow, what an amazing Tacoma townhome. It was built in 2007 and it has been lived in for less than six months total in all this time. As you walk into this wonderful townhome you'll find that everything is like new. The finish workmanship was done with the finest of quality and it is impeccable throughout.

You will love the view and the city lights at night, romantic...truly awesome. The richly appointed kitchen boasts custom cabinets and granite counter tops and the main floor has 9' ceiling, beautiful hardwood floor & cozy gas fireplace. Offers AC & the lower area could be a separate living area. Beautiful view of Mount Rainier, the sound and the Port of Tacoma.  This home origanally sold in 2007 @$365K, offered for $219,997.

This home is just a short walk form downtown Tacoma, shopping, restaurants and The University of WA Tacoma.  This is an ideal investment home. 

• 4 bedrooms
• 3.5 bathrooms
• Custom Kitchen 
• Hardwood floors
• Fully finished garage
• 2 decks
• A huge family room
• Gas Fireplace
• Air Conditioning
• Additional parking

For more information or additional pictures please Click Here!

Wes Neal  Real Estate Expertise for Changing Times Mobile: 360.402.8130 wesleycneal@gmail.com   For all of your South Sound Real Estate Needs  Visit...HousesForSaleWA.com

!

Looking to buy a home... or just want to know what a neighbors home sold for... Start here... for Free!!!

Olympia, WA - Thurston County Facebook... A place for you.

So, I finally started my facebook business page. I got it up and running about two weeks ago and i am very excited with the about of interaction I have received.  I have to say that I was a little reluctant at first, mostly because of my fear of having no idea where or how to start. Once I decided to try it was very easy to have it up and running... than came the work setting it up "right," adding content and getting likes (with out spending a fortune to buy them).  I started taking a couple of classes, looking at other sites and yes, even testing a few facebook ads.

Well two weeks later things are really starting to roll.  I have over 130 fans, great interaction with them and in just two short weeks, my feed has reached over 23,000 people; that is just cool.  I don't know how much business can or will be done as a result of my business page, however I done know that it is a very enjoyable and cost effective way of reconnecting with past clients and reaching out to those who are looking to buy real estate near Olympia.
My goal is to slowly build a solid base of at least 500 fans, that know and trust me: and then focus on their Thurston County real estate needs.  I guess it is like the old concept of "farming an area" just with a group instead.  I feel that this is a good place for people to see my true character and to freely ask me questions as they come up.
Over the next few months I will be putting together a resource list of contractors, builders, kitchen and cabinet remodels, painters, windows, handy man and maid service, and sooooo much more.  Everything and anyone you might need for issues relating to your home, and real estate in Olympia.
I will work on keeping the page informative, positive, and fun.  I will offer discounts on real estate services and form local businesses in Olympia and the surrounding areas. I will be having cool contest and keep my fans up to date on local events and happening.  Within the next 12 to 18 months I truly believe that this page will be the "go to" spot for real estate in Olympia, as well as a great resource for local events, and who to hire to get those home repair jobs done.
I would love to hear what you think of this page, helpful suggestions of how we can make "Thurston County" better for everyone.

Wes Neal Investment Sales Specialist, Thurston County Mobile: 360.402.8130 wesleycneal@gmail.com   For all of your South Sound Real Estate Needs  Visit... MrOlympiaWA.com

Click Here... to search for any home, including foreclosures and bank owned homes in Western Washington... FREE!!

!

Looking to buy a home... or just want to know what a neighbors home sold for... Start here... for Free!!!

Olympia, WA - Waterfront Retreat!

Wes Neal | Prudential Olympia | (360) 402-8130 633 Summit Lake Shore Rd NW, Olympia, WA Wonderful Summit Lake Home... Prettiest and cleanest Lake in the Olympia, WA 3BR/2BA Single Family House offered at $320,000 Year Built 1950 Sq Footage 1,200 Bedrooms 3 Bathrooms 2 full, 0 partial Floors 2 Parking 2 Car garage Lot Size .36 acres HOA/Maint $0 per month DESCRIPTION Have you dreamed of your own cottage on the lake? Well you can stop dreaming start enjoying this wonderful Summit Lake home. You will be swept away with its charm & warmth & be in awe of the 75 +/- feet of no bank waterfront. You will love your private dock, boat lift and a wonderful home surrounded by extensive teak decking. There is even a hot tub! So whether it is a day of wake boarding w/the whole crew or a quiet day of fishing, this is the home for you. see additional photos below PROPERTY FEATURES - Fireplace - Family room - Living room - Dining room - Dishwasher - Refrigerator - Stove/Oven - Basement - Washer - Dryer - Laundry area - inside - Balcony, Deck, or Patio - Yard OTHER SPECIAL FEATURES - 71 feet of incredible waterfront property ADDITIONAL PHOTOS Waterfront Retreat Tastefully redone Bright and inviting Charming Kitchen Family Area Family Area Wake up here Incredible Dock Guest room Covered Deck Amazing Parking Hot tub w/a view You might never leave Awesome dock & boat lift Contact info: Wes Neal Prudential Olympia (360) 402-8130 For sale by agent/broker Equal Opportunity Housing Posted: Feb 23, 2012, 5:06pm PST

Wes Neal  Investment Sales Specialist,  Thurston County Mobile: 360.402.8130 wesleycneal@gmail.com   For all of your South Sound  Real Estate Needs  Visit... MrOlympiaWA.com

Click Here... to search for any home, including foreclosures and bank owned homes in Western Washington... FREE!!

!

 

Looking to buy a home... or just want to know what a neighbors home sold for... Start here... for Free!!!