BUYER’S GUIDE
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Category Archives: Articles for Buyers
Leavenworth Homes: $200,000 to $300,000
Question: What is the number of single family homes on the Leavenworth market between $200,000 and $300,000. Answer: 19 A move up in price range brings a dramatic increase in the number of available listings. From my previous post, the number of listings under $200,000 was 4. There are now 5 active listings since Geordie just listed a Ski Cabin for $199,900. …
Leavenworth 1031 Tips
Guest Author Michelle Rojas, Esq. VP & Northern Region Manager of LandAmerica 1031 Exchange Services Most investors understand the tax benefit of structuring a 1031 exchange, whereby an investor trades one property for another without having to pay capital gains taxes. In an ordinary sale transaction, the investor is taxed on any gain realized by the sale of the property. But in an exchange, …
Lake Wenatchee Leased Property Owners Take Note
Owners of cabins at Lake Wenatchee that sit on U.S. Forest Service leased land might want to pay attention to current action that the National Park Service is considering at Lake Roosevelt. The NPS is studying whether or not to terminate leases on 26 vacation cabins on government land at the lake. As many folks have heard, the USFS is expected to raise the …
What you can buy in Leavenworth for $200,000?
So…What can you buy for under $200,000? Currently there are four homes on the market. One is a small cabin in the Ponderosa Estate neighborhood. The other three are all cabins on Lake Wenatchee. While these last three sound great, there is a catch. The cabins are on US Forest Service lease land. This means you do not own the land and you …
Leavenworth Real Estate Update – Spring 2008
Leavenworth home sales have finally begun to become affected by the economic realities that surround us. Readers of this blog have no doubt seen the dollar tanking, oil prices surging and the stock market diving – even a little more so as the second quarter of 2008 came to a halt. While the beginning of the year was kind to Leavenworth home sales, …
Leavenworth Home Inspection Issues – Part II
Leavenworth homes have a number of common issues that often show up during a home inspection. In part I of this series about common issues found in Leavenworth homes, John Griffith of Cascade Site Services talked about 5 issues that he often sees in his inspections. Here are the next five issues, in no particular order. 6) Unlined Masonry chimney: Another of the …
Course of Construction Insurance
Submitted by Eric Kossian of Leavenworth Insurance We’ll assume you’ve purchased your dream lot and have hired a contractor. Prior to this point, you should have liability coverage either extending from another home policy or have a vacant lot liability policy. Once you start building you still need liability insurance (your vacant land liability policy is now void once construction starts) and you will …
Leavenworth Home Inspections – Common Conditions
Part I By John Griffith, Cascade Site Services, Cashmere WA The conditions described below are not in any particular order as far as significance or commonality. Leavenworth does have a large number of older homes, built in the early 1900’s, and many of these conditions are typical of older construction. Also, with the climate of Leavenworth being cooler, with higher precipitation than …
Leavenworth Real Estate Stats for Q1 2008
Leavenworth real estate prices for both houses and condos have continued their upward trend in the first quarter of 2008. This includes the area from Peshastin to Stevens Pass including Lake Wenatchee, Fish Lake and Plain. In the past, I have focused on comparing year to year trends, but this quarter I decided to compare 2008 to the past few years. As you …
Financing land in Leavenworth
Guest post by Darel Ansley of Peoples Bank in Wenatchee I am hearing from a lot of clients that their banks are no longer financing land. I am finding that other local lenders are cutting back on their land loans by charging higher interest rates and/or requiring higher down payments. Some of these moves seem a little drastic to me. It’s unfortunate that these …