Investor's Corner
Real Estate Investor, Investing in Real Estate in Port Angeles and in Sequim
(New Real Estate Investment Analysis Tool Below)
If you are an experienced real estate investor, you know the need for
knowledge, good counsel, careful and wise planning, and you know the
value of what is freely shared on this site. If you are an aspiring investor, there is much to learn. If you have already done a few deals, there are many traps for the unwary ahead.
Want to buy foreclosures? Distress properties? Properties in default? FSBOs? Interested in short sales? Can I say something without sounding too cocky? I probably have more experience in all of these areas than any agent in the State of Washington. 30 years in real estate, 20 in real estate law, and full time Associate Broker. May I freely give you all my experience and knowledge? I earn my fees now exclusively in commissions on representing buyers and sellers, so that means I cost you nothing if you are buying. Isn't that great! Take advantage of this. I would love to help you. Anything I have learned or have is yours for the asking.
Here are some special areas of interest for real estate investors. Here we hope to put some meat on the skeletons of some of what you have learned at real estate seminars.
Investing Articles by Real Estate Lawyer (Ret.) and Associate Broker
Chuck Marunde
- Buying/Investing in the Right Property
- Real Estate Foreclosures (Deed of Trust Foreclosures)
- Real Estate Contract Forfeitures (Real Estate or Land Contracts)
- Paper Transactions (Profit Without Owning Real Estate)
- Joint Ventures (the best kept secret if done right)
- Stories of Success (local and true)
- Coaching & Mentoring (by special appointment)
Marunde's Short Checklist For Buying Vacant Property (developed over 20 yrs):
Perc Results |
Fire Protection |
Soils Report |
Environmentally Sensitive Areas |
Bluff Stability |
Test Flood Plane |
Toxic Waste |
Test Wildlife Habitate (Owl Nests) |
Buried Fuel Tanks |
Industrial Noise |
Road Work, Road Maintenance |
Open Space/Forest Designation |
Clearing Bypass/Freeway Construction |
Agricultural Designation |
Survey Removal |
Airport Approach |
Exact Size of Property (corners) |
Final Plat Recorded |
Power/Hook-up Fees |
Timber Clause |
Water/Hook-up Fees |
Telephone Access/Cost |
Escrow Note Collection |
Well (private, community, utility) |
Legal Access to Property |
Release Clause/Partial Reconveyance |
Covenants, Conditions & Restrictions |
Possible Land Use Change |
Re-Zone, Variance, Conditional Use |
Financial Statement From Buyer |
Zone Compatibility w/present use |
Shoreline Management Act |
Comprehensive Plan & Zone Change |
Talk to Neighbors |
Irrigation Ditches (run all/partial year?) |
Timber Cruise & Value of Timber |
Wet Lands |
Geotechnical Report |
Here's a great tool to analyze your potential real estate investment. Add your own numbers and hit the analyze link, and you'll get a very impressive report. Courtesy of Chuck Marunde and iAnalyzeRE.