All posts by Jerry Blankers

MAKE SURE YOUR HOME IS PREPARED FOR FALL!

Fall checklist:
Roof: Remove moss from roof. Check condition of flashing and repair any loose or damaged shingles. clean gutters and remove even the smallest amount of debris can clog downspouts. Make sure trees and branches are trimmed 6 feet away from the roof and power lines.
Exterior: Trim all vegetation 12 inches away from siding. Store firewood 10 feet away from the house to prevent pests. Keep all gaps and joints in siding caulked and sealed to prevent water damage.
Crawl space: Insulate plumbing lines. Make sure to measure and purchase foundation vent plugs and use them only in freezing weather.
Fireplace: Have chimneys and flues professionally cleaned before use. Soot build-up can lead to flue fires which often cause home fires.
Furnace: Gas furnaces should be serviced annually. Clean or replace filters. Vacuum heat registers to remove dust.
Interior: Check weather stripping around windows and doors. Replace smoke alarm batteries. Install carbon monoxide detectors.
Making these small and simple changes to your home for the cold months will help prevent major and costly repairs in the future! Checklist brought to you in part by Pillar to Post Home Inspectors.

Pete Blankers

The Blanker’s family and The Muljat Group North invite you to celebrate Pete Blanker’s Retirement today at the Mt. Baker Rotary Building located at 1775 Front Street, Lynden from 4-6pm. Appetizers & Refreshments will be served and a slide show featuring Pete and his family and carrer will be shown. No RSVP is required. Pete has been in the real estate industry for 40 years and has been a remarkable member of our community. Please join us in celebrating him!

2014 Lynden Music Festival

The Lynden Music Festival starts this week and will be all
over town! Join us for a street side
concert featuring Two Buck Chuck in front of our office on Friday, October 10
starting at 2pm.

The purpose of the “Claire de Lune” Lynden Music Festival is
to celebrate Lynden and its musical heritage, paying tribute to musicians who
have greatly contributed to enriching the Lynden community with music. The Festival exists to bring established
talent from the local, national and international stage, and benefit the
Pacific Northwest community with an exceptional blend of diverse musical styles
and cultural influences.

For more show times and performer information, please visit
the festivals website at : http://www.lyndenmusicfestival.com/

NEW LISTING

561 W Bakerview Rd, Bellingham WA 98226 | MLS 698722 | $ 779,000
2.27 Acres in rapidly developing commercial area with high traffic count! This is a prime location wiht 163 front footage on W Bakerview which provides easy access to the Bellingham International Airport, Bellis Fair Mall, Whatcom Community College and I-5 access. Also close to multiple new hotels, Fred Meyer shopping center and the proposed new Costco.
For more information and pictures click on link: https://jerryblankers.com/698722

HOMEBUYER EDUCATION SEMINAR

PRESNETED BY:
Attend our FREE Homebuyer Education Seminar and receive your certificate from Washington State Housing Finance Commission (WSHFC) allowing you access to several special loan products offered. This seminar is a 5 hour course that will cover everything involved in the home buying process from start to finish.

Upon completing the seminar, home buyers will have learned how to determine how much they can afford, identify a predatory lender and select the right loan product. Buyers will know how to shop for a Realtor, negotiate the purchase price and get the best home for them.
Our next class will be held:
OCTOBER 4TH
9:00AM-3:30PM
2200 Rimland Dr. #110

Bellinghma, WA 98226
FREE lunch will be provided. You must pre-register to attend. Please contact me at (360) 410-1297 or jerry@jerryblankers.com to get registered. You may also contact the instructors to get registered:
Danielle Groeneweg | (360) 483-6490
Dustin Brumley | (360) 389-6605

CRUNCHING THE NUMBERS

You recently read here about formulating your offer based on the information included in a CMA (Comparative Market Analysis). You can fine-tune that offer by applying current market trends. Trends may vary by region, state, city and even the neighborhood, so do your homework.

You and your agent can study a lot of available statistics- the CMA, local listings’ DOM (Days on Market), and list to sale price ratios. The CMA compares similar properties, while the DOM figure gives you an idea of whether you’re looking at a buyer’s market or a seller’s market (in which you’ll have more competition and less negotiating power). If possible, look at DOM for listings within a mile of the home you want to purchase-it’s that area-specific.

Let’s move on to the average “List Price to Sales Price Ratio” (LP:SP). Like it sounds, it’s simply a percentage based on how closely the final sales price corresponds to the price at which the home was listed. A house that sells for the asking price has a LP:SP ratio of 100%. So a house that lists for $175,00 but sells for $160,00 has an LP:SP of 91%.

Look at these ratios for the homes on the CMA that most closely match yours and you’ll have a sound basis for what percentage of the list price to offer.