Avant garde one level design on 120 feet prime no bank Lake Washington Waterfront. Completely remodeled in keeping with the original International Style design. Floor to ceiling windows, open floor plan beautiful terrazzo floors. Incredible kitchen w/ huge icestone island, Family Room, Media Room, office, pantry.Choice Gold Coast park-like property w/ weeping willow, massive oak tree on Bob Chittock gardens. Sweeping lawn to beach, 55 ft +/- dock, beach house. Offered at $7,295,000

Majestic forested retreat is largest privately held property on MI complete w/181 ft of no-bank, west facing wft & dock. The tranquil setting with views of Seattle & Seward Park, is a refuge from City life and a return to Old MI. Water fowl, eagles, and marine activity, rolling lawn and well tended gardens frame the property. Owner will act as steward for this special property which includes a pioneer cottage and renovated caboose! Architecturally Significant home. A Sanctuary! Offered at $4,999,000

Gold Coast opportunity on the Western Shores of Mercer Island. Traditional 1920's home that has been lovingly cared for. Walled garden w/ pretty lawn on street side. 60 ft prime waterfront w/ dock for maximum enjoyment of lakeside offerings. Great Room concept w/ spacious kitchen dining & living in one huge space, w/ French doors that open to the large deck. Den plus library on main. indoor pool opens to the terrace & lakeside lawn. Apartment beside the two car garage. Newer systems. Offered at $4,200,000 
Over $5M invested in this Custom Showplace with spectacular views of Lake, The Olympics Mtns & Seattle. Fleetwood door wall disappears automatically spilling onto the heated and covered view deck with Built-in cook center. Montigo see thru Fpls. Gourmet kitchen with side prep area and Butlers pantry. 13 shower heads in master shower. A cascade of water fills the tub from above. Architectural siding, Durolast roof . Easy care, easy living! Offered at $3,750,000 
Island patios perch above ponds of Koi. Granite Pillars, True stucco Villa built to last. Interior serviced by an elevator to all levels. Two Master Suites and BR on Lower all with bath. Upper Master very private with 5 piece bath, steam shower, sauna, HUGE closet and a window seat to the open view. Great room, dining room and kitchen occupy one level opening onto the wrap-around deck. Gourmet Kitchen with commercial appliances! All this and comm wft, beach and dock. Offered at $1,985,000 
Casual, yet elegant home boasts open floor plan and beautiful views. Enjoy entry-level great room perfect for entertaining, cozy den & utility room washer/dryer. Master bedroom w/ walk-in closet, butler sink, deluxe bath, skylight & jetted tub. Enjoy breathtaking view of the Cascades & the lake from either deck or patio. Wine lovers will adore the downstairs wine tasting room & cellar. Private location at the end of a quiet street near to community amenities and I-90. Offered at $1,585,000 
Terrific home, private drive, Western exposure and Winter Lake View. Great Room. New appliances, wine cooler, granite counter tops, and walk-in pantry. Vaulted ceiling in living room. French doors open to deck. All baths are remodeled. Lower level family room, office open to fenced yard. Mature landscaping. Offered at $695,000 
 
 
 
 
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Building Inspections and The Appraisal Process

Inspection and Appraisal

The Importance of Home Inspections

Typically, the buyer will require a home inspection. A professional home inspector will thoroughly search the home for visual defects such as water damage, cracks in the walls, floors or foundation, plumbing leaks, or pest damage. They will also search for hidden flaws such as asbestos insulation, electrical problems, or building, health/environmental or safety code violations. If the inspection uncovers areas that need repair, you and the buyer will negotiate how these discoveries may affect the terms of the agreement.

Appraisal—Verifying the Value of the Home

An appraisal is an estimate of your property’s value on the open market, generally prepared by a lender for their benefit. Appraisers consider a number of factors, including square footage, floor plan, amenities, and energy efficiency. Other issues appraisers may take into account are neighborhood quality, a property’s proximity to transportation, shopping, and schools as well as lot size, topography, view, and landscaping

Closing

Title and Escrow

The final stage of the transaction process occurs with the transfer of title from seller to buyer. After closing has occurred, the policy is sent to you by your title and escrow professional, the third party who transfers the money and documents (including title and deed) from the buying and selling parties. The escrow company prepares documents, draws up the closing statements, obtains necessary signatures, records documents, and receives and disburses funds. The proceeds from the sale are released directly to you, the seller, via wire, automatic deposit, or check. Funds can also be deposited into an escrow account opening for the purchase of your next home.

The Exchange of Property and Funds

Once you've sold your home, make sure to keep your closing and settlement papers organized in a file. Be sure to include receipts for any home improvements you made while you owned the house in the event that you have to pay capital gains tax. Also, know your rights as a home seller, including one of the benefits of buying a home – the tax breaks you receive from the government. Contact the Internal Revenue Service directly at 800-TAX-FORM and ask for the following free publications, which are designed to assist you in the sale of your home:

521 Moving Expenses
523 Selling Your Home
527 Residential Rental Property
541 Partnerships
551 Basis of Assets
555 Community Property
561 Determining the Value of Donated Property
908 Bankruptcy Tax Guide
936 Home Mortgage Interest Deduction
 

Releasing the Property to the New Owners

Once the closing papers have been completed and the deed recorded with the county, the buyer can take legal ownership of the home. The possession date for the new owner is determined by the term of the sales contract. Prior to possession, you should start contacting the phone, electric, natural gas, garbage, and other utility companies to close any accounts relating to the home under your name.

 

 

 

                                                                       

 

 

 

 

 

 

 

 

 

 

 

 

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