If you’ve purchased a condominium you might have reviewed what’s called a “Resale Certificate.” What the heck is a Resale Certificate and why should I care?

A Resale Certificate is the homeowner’s association’s description of rules, regulations, financials, meeting minutes and articles of incorporation. In it, you’ll find out if your dog Fido is allowed to move in with you or not. You’ll find out if you’re allowed to rent out your condominium in the future and what rules pertain to rentals. You might see other rules like no barbecues allowed on the decks, no changing oil or washing your car in the parking lot and no installing hardwoods floors. If you don’t follow these rules you’ll be subject to fines or ultimately be asked by the association to leave the community.

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If you live in Seattle, you might be wondering how hard your particular neighborhood was affected by the market crash.

Below are the percentages in price drop by neighborhood from July 2007-July 2011. Thank you to Zillow for providing the average home prices per neighborbood in July’07 and July ’11 so we could reach these statistics.

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I’d like to say a big thank you to all of you who voted. I’m excited to be selected for Seattle Magazine’s 5 Star Award and named “Best in Client Satisfaction.” This award is given to a group of fewer than 7 percent of real estate agents in the Seattle area. The polls are taken anonymously so I don’t have the pleasure of knowing who voted. If you’re out there, please drop me a line so that I can say a proper thank you.

Seattle magazine asked pollers to conduct research with clients, peers and industry experts to determine the real estate agents in the Seattle area who rated highest in overall satisfaction.

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