The Top 10 Cities for Trick-or-Treaters
By Suzanne De Vita
Zillow has unveiled its annual ranking of the Best Cities for Trick-or-Treating, and—unlike swarms of trick-or-treaters dashing door to door—the top 5 haunts on this year’s list have hardly moved since last year. The most spooktacular shift? Philadelphia, last year’s No. 13, scaring San Francisco down from No. 1 to No. 3. Who said 13 was unlucky?
The ranking, based on factors such as concentration of homes and under-age 10 population, also dug up the best trick-or-treating neighborhoods in each of the top cities—an important distinction for discerning sweets scavengers. In Philly, those neighborhoods are (in order): Cobbs Creek; Frankford; Logan; Germantown East; and Fairmount.
“The national ranking is a fun way for trick-or-treaters and their parents across the country to assess how their city compares to others this Halloween season,” says Dr. Svenja Gudell, chief economist at Zillow, “but what’s really important are the local hot spots, which is why we’ve also identified the five best neighborhoods for trick-or-treating in each of the top cities.”
Will droves of trick-or-treaters descend on your city this Halloween?
The complete ranking of the top 20 cities is available here.
Here is a link for Trick or Treating in Bothell
There are many words that are used in a real estate transaction that most people don’t understand. This week we are going to talk about the word(s) “Earnest money.”
Earnest Money. A sum of money paid by a buyer upon entering a contract to indicate the intention and ability of the buyer to carry out the contract. Normally such earnest money is applied against the purchase price. … A deposit of part payment of purchase price on sale to be consummated in future.
Earnest money is something many buyers don’t anticipate when buying a house. But it’s an important part of presenting a strong offer to a seller. As mentioned above, earnest money is paid upfront by a buyer when making an offer on a home. If the offer is accepted generally the money must be deposited with the escrow company handling the transaction immediately. It can be in the form of a personal check made out to the escrow company. This money is part of your down payment. It is your way as a buyer of showing that you are making this offer in good faith.
There is no set amount for earnest money. The more you put down the stronger you look as a buyer. However, if for some reason you break the contract to purchase the home the earnest money could be forfeited to the seller as a remedy for taking the home off the market while under contract with you. In Washington state, a seller cannot take more than 5% of the purchase price as damages from earnest money though.
An experienced Realtor knows that part of their job is to make sure that the buyer is informed of all the time constraints on the contract, to make sure that they understand and perform the required acts during those time frames, and the risks if they don’t. The biggest risk for the most part is losing the earnest money. As long as you the buyer perform according to the contract there is no risk. But, make sure you know when and what you are required to do to stay in contract.