BUYER’S GUIDE
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Category Archives: Articles for Buyers
Mortgage Roundtable – Part II
This is part II of a series of questions I asked a group of real estate professionals about the state of real estate lending in 2009. Click here to read Part I of the Leavenworth Mortgage Roundtable. Our panelists include: Michelle Wilson of Alpine Mortgage. You can find her on the web at WilsonHomeFinancing.com Darel Ansley of Peoples Bank in Wenatchee Washington. He blogs on Active Rain and has …
Mortgage Roundtable – Part I
Mortgage Professionals Debate the State of Real Estate Lending For today’s real estate lending discussion I was lucky enough to get a panel of experts from the real estate lending community to answer 5 questions about mortgages, home loans, and the lending industry. I posed the same questions to each panelist in the roundtable and none of the panelist have yet read the other’s …
FHA Mortgages: Today’s Best Deal
Guest post from Darel Ansley, Mortgage Lender, at Peoples Bank in Wenatchee: Just about everything is in place to stimulate the housing markets, prices and rates are lower, and banks have money to lend. I think the only problem is the media has the potential buyers scared to come out of their bomb shelters to see if the coast is clear. Here are a couple …
Cashmere Real Estate Update for 2008
While I feel good about the constant updates we have done about Leavenworth and Lake Wenatchee’s market activity, we haven’t done nearly as many real estate updates for Cashmere. ( We’ll have to add “More Cashmere Real Estate News” to our to-do list for 2009″ ) So let’s get to it shall we, how did Cashmere’s real estate market do in 2008? …
Leavenworth Condo Auction
As I have mentioned before, Leavenworth has an abundance of new condos and I think Leavenworth condo developers have made and continue to make a lot of mistakes. The most recent news in the Leavenworth condo market is the upcoming auction of the Riverpark Condos in downtown Leavenworth. These condos are being auctioned by James Murphy Auctioneers on December 13 and full details can …
FHA Loan Limits Increase in Chelan / Douglas Co.
Guest Post: Submitted by Darel Ansley, Peoples Bank, Wenatchee The FHA loan limits were set to decrease January 1st, but the Government has now announced an increase for some counties. Included in this are Chelan and Douglas Counties with new FHA loan limits of $342,700 for a single-family home. Okanogan and Grant County will be at $271,050 We have been trying to get the …
Leavenworth Summer Real Estate Update
Where has the summer gone? Allyson and I have been really busy this summer with all sorts of exciting projects. I’ll try to highlight some of them here, but I’ve also added a widget on the sidebar for anyone who wants a play by play of what I’m up to. If you have a Twitter account, you can follow me here. The latest project …
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 …