Posts made by author 'Coldwell Banker Tomlinson'

For many individuals, deciding to purchase a home is one of the most important decisions they will make. However, another equally critical decision is deciding when to sell your home. Though our real estate agents can give market insight to assist with your decision, you must also weigh your financial situation and individual needs. Here are a few things to consider as you decide when to sell your home.

The Amount of Equity You Have in Your Home

The amount of equity you have in your home is an important factor in your decision to sell. If you're upside down in your mortgage (you owe more on the loan that your home is worth), it's likely best to wait to sell your home. When you're upside down on your home, you'll either need to bring cash to the table to cover the difference or get your lender to agree to a short sale. Both options are costly, and a short sale will damage your credit. 

Your Local Real Estate Market

Your local real estate market is another important item to research when deciding when you want to sell your home. When possible, wait and sell your home when property values are on the rise. This will help you obtain the highest price you can for your home. Even though no one knows exactly when Spokane homes for sale will secure the most money, your real estate agent can offer valuable insight into the current and future state of your real estate market. 

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With the holiday season now over and the winter weather still present, now is the perfect time to get involved in a new indoor activity or hobby. Our real estate agents encourage you to get involved in one of these new hobbies to try in Spokane.

1. Learn to Burn School of Music and Guitar Shop — 11 E. Rockwell Ave., Spokane, WA 99207
   Have you always wanted to be a musician? Now's your chance at Learn to Burn School of Music. Lessons are available for adults and kids in a range of instruments, including guitar, drums, West African drumming, piano, piano, trumpet, and vocals. You can even take lessons in recording so you can create albums of your own. Sign up for one-on-one or group lessons and showcase your talent during the frequent recitals and concerts.

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Give a gift this holiday season that will help the newest homeowner on your list feel more at home in their new place. These fun, unique holiday gifts for homebuyers are sure to be a hit. Get gift inspiration with this list from our REALTORS®:

1. Tool Kit
   A basic tool kit is indispensable for any homeowner. It doesn't have to be super pricey; a kit that includes a hammer, pliers, screwdrivers, hacksaw, and wrenches, tape measure, and drill is sufficient. Want to throw in a bonus gift? A pack of screws, nails, and a laser level will help your loved ones hang up artwork with ease.
   
   

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The holidays are always special, and residents of Spokane and Nine Mile Falls love to get out and celebrate. As the weather cools down and the seasons start to change, our REALTORS® recommend the following events and festivals that are filled with fun for the whole family.

1. Spokane's Tree - Riverfront Park, 507 N Howard St, Spokane, WA, 99201
   Washington is famous for its trees. Over the years, trees from around Spokane have found their way into some of the nation's most celebrated homes and hotels. This year, come and kick off the holiday festivities with the Christmas Tree Lighting on November 23rd at Riverfront Park. At 6 pm, the lights will go on, signaling the official start of the holiday fun. 

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Homeowner associations, or HOAs, may seem like a relatively recent concept, but the earliest ones were established by land developers back in the mid-19th century. With the growth of common-interest developments (CIDs) such as condominiums and planned single-family home communities, HOAs now govern more than 26 million homes.

Are you considering Spokane homes for sale that are part of an HOA? Make an informed decision using this list of pros and cons.

• PRO: No Yard Work
  Tired of using your leisure time to mow the lawn or shovel snow? HOAs handle the maintenance of grounds and common areas. For many people, this is the most appealing factor.
  
  
• PRO: Use of Amenities
  HOAs often provide swimming pools, tennis courts, playgrounds, and numerous other amenities for the use of residents. Instead of having to spend hundreds or thousands of dollars on construction or memberships, all costs are covered.

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