I can’t talk Wenatchee real estate ALL the time, so decided to share with you a new art website. This is a shirt-tail relative of mine who has set up a new site to feature her art work. I love her use of color and the narratives. Check it out here.
Carol@TopPropertiesWenatchee.com
http://TopPropertiesWenatchee.com
http://RealEstateSuccess.blogspot.com
source: Colorful Art
There are a number of things happening in Wenatchee area that are, ultimately, going to result in some significant changes in the future. How all this will affect the area and Wenatchee real estate values will remain to be seen:
1) Yahoo! is coming to town. To read more about this story, click here to go to the Wenatchee World online version of the article. Wenatchee’s major benefits, luring Yahoo!, was inexpensive electricity and fibre optic cability.
2) A private group has offered to raise $30 Million for a new Activities Center at Wenatchee Valley College. The new center would replace the aging gymnasium and accommodate sports courts, a fitness center, indoor track, batting cages, seating for up 1,000 spectators, and a daycare and multimedia services. Raising the money to build the center does not seem to be a stumbling block. Raising tuition to maintain it is still in question. To read the Wenatchee World’s online article, click here.
3) The second access road to Fancher Heights has cleared another hurdle, and could actually become reality. This could be a huge benefit for traffic flow… and safety going into and coming out of the Fancher Heights and Badger Mountain areas. To read the Wenatchee World’s online article, click here.
There are other development projects blowing in the wind, which I’ll try to keep you posted on as new information is available.
Carol@TopPropertiesWenatchee.com
http://TopPropertiesWenatchee.com
http://RealEstateSuccess.blogspot.com
The VantageScore system is a joint effort by THE three credit reporting agencies (Equifax, TransUnion and Experian) to simplify and enhance the process and results of consumer credit scoring.
Using a rating range from 501 to 900, VantageScore intends to provide a more consistent and accurate score to credit consumers and grantors, eliminating much of the discrepancies that have been evident among the three companies.
This is a big improvement and will benefit home buyers in Wenatchee, Washington and throughout the nation.
Carol@TopPropertiesWenatchee.com
http://TopPropertiesWenatchee.com
http://RealEstateSuccess.blogspot.com
source: More Accurate Credit Scoring
There was an interesting post on a financial blog I follow… All Things Financial. JLP, the blog owner, asked for contributions from across the country for what $300,000 will buy in the various real estate markets. There was a huge difference from market to market. Check this post out. You can buy a near mansion in Indianopolis, but not so much in New York or London.
For information in the Wenatchee real estate market area, contact:
Carol@TopPropertiesWenatchee.com
http://TopPropertiesWenatchee.com
http://RealEstateSuccess.blogspot.com
source: What Will $300,000 Buy?
Selling a home involves a long list of tasks, not the least of which is determining the appropriate price, and maneuvering through the minefield of other technical, legal and emotional tasks. Does a hot "sellers market", like we’ve experienced in Wenatchee real estate (and across the entire nation) the last couple of years, increase the number of homeowners who undertake the task of doing the For Sale By Owner to save the commission fee? Not according to a recent study done by the National Association of Realtors. Here is an excerpt from an article on the NAR website:
"Home sellers overwhelmingly depend on real estate professionals to assist them in a successful home sale. Eighty-five percent of sellers used a real estate agent in their recent sales transaction. That is an increase from 82 percent in 2004, and continues an upward trend from less than 80 percent in the late 1990s."
Why is the trend toward using a real estate professional on the rise? Statistics can be deceiving, but studies have shown that the typical For Sale By Owner homes sell for a median price of 16% less than those marketed by a professional agency. The article also stated that 53% of those who did sell their home without the help of a professional sold it to someone they knew, and therefore felt they did not need the professional marketing services offered by an agent. Could they have sold their home for more had they used a professional agency and sold it to a stranger? Perhaps.
One can only conclude: The value of the professional overshadows the investment. Otherwise the trend toward using professional real estate agents would not be on the rise. If I can help you through the buying or selling maze, please let me know.
Carol@TopPropertiesWenatchee.com/wenatchee-realestate
http://TopPropertiesWenatchee.com
http://RealEstateSuccess.blogspot.com
According to this article in MSN Real Estate, you’ll get the most return on your investment by following the trends of what shows up in the high-end home market. Homeowners in every price range (and market area) can benefit from this information. Whether you own a home in Wenatchee or Waterloo, the four main considerations when making remodel decisions are: 1) High end homes driving the market, 2) Serving Baby Boomers and Gen-Exers, 3) Durability, and the 4) Next Buyer.
Personally, I am pleased with the trend to get away from so much carpeting. As I use more wood and tile in my home, I have learned to hate the difficulty in keeping carpet clean and, likewise, love the ease of maintenance with the other flooring options.
Carol@TopPropertiesWenatchee.com
http://TopPropertiesWenatchee.com
http://RealEstateSuccess.blogspot.com
The following is a post from several months ago. I had gotten an inappropriate and offensive spam comment (promoting an unmentionable site), which I couldn’t get rid of. So, I deleted the entire post and am resubmitting it. Good info to bring to the forefront again anyway!
* * * * *
Did you know insurance companies have a report to which allows them to access information to determine how much risk you will be as an insured?
Insuring homeowners and motorists against loss is a gamble, so insurance companies are getting more diligent about identifying their potential risks prior to taking you on as a customer. They make this assessment by studying CLUEs. "CLUEs" are financial and claims reports on people and properties generated by a national insurance industry databank called Comprehensive Loss Underwriting Exchange, nicknamed CLUE.
Before a lender will agree to finance your new home, they will require you to have an insurance "binder", proving you have homeowner’s insurance. The CLUE report logs and tracks insurance claim histories of both people and properties for five years. Even though YOU may have a clean claims history, the property you wish to buy may not. It can be a major roadblock on the highway to homeownership. Wouldn’t it be terrible to find the home of your dreams, only to find out just before closing that it can’t be insured?
For additional information, visit www.ChoiceTrust.com . I believe you are entitled to one FREE report every twelve months. It wouldn’t hurt to know what your CLUE report says!
Good luck and…
Have a great day,
Carol
Carol@TopPropertiesWenatchee.com
http://TopPropertiesWenatchee.com
http://RealEstateSuccess.blogspot.com
source: Insurance Shopping… Get A Clue!
Well, I’m back from vacation… back in the saddle, so to speak.
It was interesting, spending time in southern California and watching what has been happening with real estate down in that market area. Believe me, relatively speaking, Wenatchee real estate (and surrounding areas) is a great value and VERY affordable.
In southern California, you could get a one bedroom condo for under $150,000 IF you’re willing to gut it and totally renovate it. Under similar circumstances, you could get a small single family residence for under $250,000.
I’m pleased to be back in North Central Washington, offering value and affordability. During the latter part of our trip, I picked up a flyer in Cathedral City, offering a one-level, 1500 square foot, 3 bedroom rambler for $449,000. Nothing fancy. Just a 3 bedroom rambler. Ouch.
Contact me, and let’s talk about finding you a good value in the North Central Washington area.
Carol@TopPropertiesWenatchee.com
http://TopPropertiesWenatchee.com
1-509-670-7840
source: Back to Wenatchee Real Estate
source: Wal Mart in Real Estate?
The 27-hole Rose Hill Golf Club in the Bluffton-Hilton Head area of Beaufort County, South Carolina, is facing receivership and foreclosure.
Carolina First Bank states in court documents that the club’s owners, Dallas-based PBBM Rose Hill Limited Partnership, has failed to make payments on a loan for the property it bought in 2002 from RHCC [...]
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