Stephanie Patrick - In Town Gig Harbor - October 2021

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R E AS O N S TO L I S T YO U R H O U S E T H I S FA L L

EXCLUSIVE

RE/MAX Exclusive 7201 Pioneer Way Suite A101 Gig Harbor, WA 98335

Each office is independently owned and operated.

MORE BUYERS

LOW INVENTORY

Buyers who didn’t find their dream home in the spring are still looking. Appeal to those looking to close by the end of 2021!

Fall brings with it a lower inventory of homes for sale.

With less competition, you could sell faster and for more!

STEPHANIE PATRICK NATURAL STAGING Decorating with the season’s sights and smells helps buyers visualize themselves living in a cozy and comfortable home.

INCREASED SALE PRICE Lower inventory and serious buyers may bring more money to your wallet!

Johnathan and Angela-Marie, I am here to help you take advantage of the fall season. Call me today at 253.297.0022 to receive a FREE, NO-OBLIGATION home assessment.

REALTOR®, Senior Real Estate Specialist, Certified Luxury Home Marketing Specialist, Institute of Luxury Marketing Member

IN TOW N GI G HA R BO R October 2021 | Real Estate Market Report

253.297.0022

Presented by Stephanie Patrick

spatrick@remax.net www.InTownGigHarborLiving.com

Published by REAL Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | ©2021

Your In Town Gig Harbor Real Estate Specialist and Proud Neighbor Since 2006

EXCLUSIVE

PREPARED ESPECIALLY FOR

Johnathan and Angela-Marie Williams

IN TOWN GIG HARBOR

DO YOU KNOW WHAT IS YOUR HOME WORTH?

Real Estate Market Report In Town Gig Harbor Homes Currently Listed

STEPHANIE PATRICK REALTOR , Senior Real Estate Specialist, Certified Luxury Home Marketing Specialist, Institute of Luxury Marketing Member ®

Property Type

View

Beds

Baths

Estimated Square Feet*

Residential

N/A

2

1.0

900

$425,000

Residential

Territorial

2

1.0

1,100

$650,000

N/A

3

3.0

2,500

$925,000

Residential

Bay, Mountain, Sound

4

1.5

2,900

$949,000

Residential

Bay, Mountain, Sound

4

2.0

2,100

$970,000

Residential

Bay, Sound

4

3.75

2,900

$1,179,000

Residential

Mountain, Sound

4

2.5

4,100

$1,650,000

Residential

Bay, City, Sound, Territorial

3

2.75

2,800

$2,400,000

Depending on the type of loan, you may also be able to use the gift to pay off debts so you can qualify for your mortgage. In certain situations, a home buyer must have a certain amount of payment coming from their own funds:

There are Currently 4 Homes Pending in In Town Gig Harbor

253.297.0022

For more information on any In Town Gig Harbor homes, contact me at 253.297.0022.

spatrick@remax.net www.InTownGigHarborLiving.com

In Town Gig Harbor Homes Recently Sold Address

Property Type

View

Beds Baths

3901 Harborview Drive #C-13

Condominium

Bay

N/A

N/A

8915 N Harborview Drive #101

Estimated Square Feet*

List Price**

Sold Price**

Sold Date

600

$147,000

$150,000

09/03/21

Condominium

Bay, Sound

3

1.75

1,900

$1,400,000

$1,500,000

08/16/21

6820 Windlass Lane

Residential

Mountain, Sound

3

2.5

2,400

$815,000

$815,000

08/30/21

3611 Rosedale Street Nw

Residential

Ocean, Sound

4

2.5

2,300

$839,000

$850,000

08/30/21

Stephanie Patrick and RE/MAX Exclusive are not in any way affiliated with In Town Gig Harbor Owners Association, nor is this in any way an official advertisement or publication of In Town Gig Harbor. ©2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the NWMLS as of September 9th, 2021. Listings and sales may not be those of RE/MAX Exclusive. The NWMLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Indicates a number rounded to the nearest 100. **Indicates a number rounded to the nearest 1,000.

Everything You Need to Know

There are two types of gifts that your relatives or contacts can provide: a cash down payment gift or, in the event a family member is selling the property to you, a gift of equity. In each case, the funds may be used for the down payment, closing costs and prepaid interest points.

List Price**

Residential

DOWNPAYMNT GIFTS

Now is the perfect time to assess your home’s current value and work with me to discover your home’s true selling potential. Call me today at 253.297.0022.

www.InTownGigHarborLiving.com

• A 5% contribution is required for conventional loans for second homes and multi-unit properties if the down payment is less than 20%.

• There’s a required 5% contribution from borrowers on all jumbo loans.

• If your credit score is between 580 and 619, 3.5% of your FHA down payment must come from your personal funds.

Johnathan and Angela-Marie, For more information, call Stephanie today at 253.297.0022.

Source: www.quickenloans.com/blog/gift-money-down-payment