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Category Archives: Articles for Buyers

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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 …

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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 …

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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 …

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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 …

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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.   …

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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, …

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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 …

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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 …

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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, …

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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 …

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