Situations can arise where the ownership interest in your property changes from the way it was originally acquired. Whether it is due to death, divorce, a parting of ways or the requirements of a new lender it sometimes becomes necessary to remove someone’s name from the title to a property. This is usually accomplished by the party exiting title executing a deed of conveyance in favor of the party or parties that will remain in title. Clearing the interest of deceased parties is an entirely different matter altogether and will not be addressed here.
Why Are Area Home Prices So High?
A basic explanation for our soaring home prices in King County
There are a lot more people searching for homes, and far fewer homes available for them to buy, so the primary answer is: There just aren’t enough homes for sale.
The number of homes on the market is at a low point for records that date back to 2000, despite the big increase in population over that span.
King County had only about 2,000 homes (single-family and condo) for sale last month. During the average month of March over the last two decades, the region had more than 7,800 homes for sale — nearly four times as many.