Real Estate Guidance - Stay Home Stay Healthy | Seattle Real Estate Podcast

Here is Real Estate Guidance under the Stay Home Stay Healthy Order. Note as of 04/01/2020 Revisions to this order include professional photographers and stagers are now allowed as an essential business.

TO: Interested Stakeholders

FROM: Governor Jay Inslee

DATE: March 27, 2020
SUBJECT: Real Estate and Mortgage Guidance – Stay Home, Stay Healthy Proclamation (20-
25)

There are thousands of real estate and mortgage transactions currently pending in Washington State. Most transactions are for residential properties, with people already in transition out of/into new residences. Significant legal liability and displacement (if not homelessness), could occur if these transactions do not close. Pending/under contract sales should be allowed to close, using remote/electronic means whenever possible, and following social distancing guidelines if remote/electronic closing cannot occur. For homeowners in distress related to the COVID-19 event, it is important that they have the option to sell their home or pursue a refinance or residential mortgage loan modification.

While real estate activities along with mortgage lending activities have been approved as
essential activities under the Proclamation, such activities shall only be permitted under the
following restrictions and limitations:

a) In-person meetings with customers are prohibited except when necessary for a customer
to view a property or sign necessary documents;
b) No real estate open houses shall be permitted;
c) Property viewings, inspections, appraisals, and final walk-throughs shall be arranged by
appointment and limited to no more than two people on-site at any one time, exercising
social distancing at all times; and
d) Except for the limited exceptions authorized above, all new real estate listings shall be
facilitated remotely.

To that end, it is permissible to engage in real estate sales, as appraisers, settlement agents, and escrow officers, property inspectors, mortgage loan originators, processors, and underwriters, and other necessary office personnel including IT professionals, and back-office staff necessary to maintain office operations, along with those government workers necessary to review real estate excise tax and record documents.

All real estate and mortgage activities must meet social distancing and appropriate health and worker protection measures before proceeding.

The news is moving fast these days. People are ordered to stay home, businesses are shutting down, and the coronavirus continues to infect more people.

Follow the Seattle Real Estate Podcast to keep up on whats going on in these turbulent times. We will continue to shoot a daily podcast for as long as the Stay Safe - Stay Home order is in effect.

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