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Buying FHA after a Short Sale

This just came in my email from Darel Ansley at Peoples Bank in Wenatchee: Maybe everyone else already knows this, but I just learned this week, that a person can actually sell their home through a short-sale and immediately buy a new home with FHA financing !!  I was shocked.   Here are the general limitations:  1)    The client must stay current on their payments …

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Cashmere Real Estate | Sold Homes May 2010

  In Cashmere last month, two homes sold.   8010 Taber Road, Cashmere List price: $168,000.  Sold price: $170,000. Days on Market: 187 4 bedrooms | 1.5 bath | 2730 sqft | 1.40 acres This home was a short sale and needed extensive work.        316 Peshastin Road, Cashmere List price: $205,000.  Sold price: $199,000. Days on Market: 41 3 bedrooms | 2 bath | 1430 sqft | …

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Leavenworth Supply of Homes Continues to Grow

A few times last year I wrote about the record number of homes for sale in Leavenworth and Lake Wenatchee. The first quarter did see an increase in the number of sales in Leavenworth, but I am worried that too many home sellers think that the market has regained its past glory. Unfortunately, it looks to me like we will continue to break new records …

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Cashmere Real Estate | Sold Homes April 2010

  In April, 3 homes sold in the Cashmere area.   109 Perry Street, Cashmere List price: $182,000.  Sold price: $141,000. Days on Market: 1100 2 bedrooms | 1.75 bath | 1572 sqft | .10 acres This home in Cashmere was originally listed with an adjoining lot with a small living unit for $245,000.  The adjoining lots sold a few months ago.         309 …

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Leavenworth Real Estate | Sold Homes April 2010

  In April 2010, 2 condos and 7 homes sold in the Leavenworth area.   131 Benton Street, Leavenworth List price: $299,900.  Sold price: $280,000. Days on Market: 168 3 bedrooms | 1.75 bath | 1260 sqft | .17 acres This home is a 1980’s rambler within short walking distance of downtown.           2102 Chiwawa Court, Leavenworth List price: $349,000.  Sold price: $305,000. …

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Anonymous wants to buy a house in Leavenworth

A while back we added a couple of features to this website. The first was a list of foreclosures in the Leavenworth area.  These can be tricky to search for and we know that sites like Zillow or Realty Trac don’t always have the most comprehensive info. Unfortunately, we can’t just list all the foreclosures and short sales because some might consider that “Advertising” …

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What’s NEW on the Leavenworth real estate market...

It’s spring in Leavenworth and the birds are making nests, the glacier lillies and trillium are starting to bloom and people have put away their skis and dusted off their bicycles. Real Estate yard signs are starting to pop up around the neighborhood too.  There certainly are more listings coming on the market every day. But wait… haven’t I seen some of these listings …

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Leavenworth Real Estate : 1st Quarter 2010

  The Leavenworth real estate market seems to be improving in my eyes, but you might not be able to tell by looking at the median sales price. Leavenworth Home Prices 2010   Of the 15 single family homes that sold in the first three months of 2010, 13 sold for less than $325,000. The other two were a house on Lake Wenatchee that …

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Leavenworth Real Estate | Sold Homes March 2010

  One condo and seven homes sold in Leavenworth during the month of March.   22543 Meadow Creek Road, Leavenworth List price: $299,800.  Sold price: $200,000. Days on Market: 547 1 bedrooms | 1 bath | 1044 sqft | .31 acres This home located in the Alpine Tracts neighborhood on Fish Lake had lake access but no real lake views.  The home backed to Chiwawa River Road …

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Leavenworth Flood Insurance

I received two helpful emails in my inbox today about Leavenworth flood insurance. Darel Ansley at People’s Bank in Wenatchee writes: If you are involved in any purchases requiring flood insurance, there are currently no policies being issued, and these transactions cannot close without flood insurance. As you may have heard, the National Flood Insurance Program’s authorization from Congress expired March 28, which means …

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