Real Estate Blog

Hopefully time will permit me to be more diligent about posting current information on properties that are scheduled for Auction and also those Bank Owned foreclosure properties in the Wenatchee and East Wenatchee area.  Occasionally, I will take the time to research outlying areas such as Rock Island, Malaga, Waterville, and Cashmere.  But, in the meantime, if you’re interested in a specific town or zip code (local, state, or nationwide) let me know and I can do a custom search for you. 

Here is the current count, as of 09/05/06, for local Auction and Bank Owned (repossessed) foreclosure properties:

East Wenatchee -

46 scheduled for auction

15 bank owned

Wenatchee -

44 scheduled for auction

15 bank owned

I have details for each of these listings, so for further info please contact:
Carol@TopPropertiesWenatchee.com
www.TopPropertiesWenatchee.com

source: Current Wenatchee Foreclosures

Here is an excerpt from the Bankrate website about what’s happening with home mortgage interest rates:
"Rate: 6.49 percent (30-year fixed) Average points: 0.36
Mortgage rates rose a tiny amount after falling five weeks in a row. Rates didn’t move much because there has been little economic news of note in the past two weeks. That is set to change later in the week, with the second-quarter GDP report coming Wednesday and the August employment report arriving Friday. The bond markets will scrutinize the employment report for signs that the economy is weakening or that it is unexpectedly strong. The average 30-year fixed rate rose to 6.49 percent from 6.48 percent. The average 15-year fixed, which is a popular option for refinancing, rose 1 basis point, to 6.2 percent. A basis point is one-hundredth of a percentage point. On bigger loans, the average jumbo 30-year fell to 6.73 percent from 6.74 percent. Adjustable-rate mortgages fell. The popular 5/1 ARM dropped 2 basis points to 6.22, while the one-year ARM slipped 2 basis points to 5.98 percent".

I like Bankrate as a source of current information on mortgage rates, but they also have articles on just about anything involving money.  Bankrate.com is only one source of information and it’s good to shop, but this is definitely a site worth bookmarking and checking in on occasionally.  From a customer service point of view, I almost always prefer to have my clients work with a local Wenatchee area lender (versus internet lender).  In my experience, the rates are competitive… and transactions generally close faster and smoother.

For answers to your real estate questions contact:

Carol@TopPropertiesWenatchee.com

Search for homes and land for sale in East Wenatchee, Wenatchee, Cashmere, Rock Island, Malaga, Entiat, Waterville, and Leavenworth.

Stay current with real estate news, info, and trends in the Wenatchee area

source: The State of Mortgage Rates

Pam & Perry  (click to enlarge)About 3 years ago Pam & Perry Kimple, from Las Vegas,  found me through my website.  After about a year of communicating via e-mail, and a couple of visits to Wenatchee, they bought a 1/2 acre building lot at Fancher Heights.  They bought this lot specificially for the fabulous view (of the Wenatchee Valley and the Mission Ridge ski area).

After much anticipation, they finally moved here in April of this year to begin construction of their retirement home.  In the interest of being involved (and saving money), they’re doing some of the work themselves. Today, I caught them both at the building site in their best painting attire.  After a small protest, I talked them into letting me take a picture of them.

It’s satisfying for me to reflect on how an innocent e-mail communication from 3 years ago has turned into a good friendship… and we get together every once in a while to catch up on the project and for us to introduce them to various restaurants in the Valley.    Hopefully, one day soon we’ll be sitting on their deck, sipping a cold drink and enjoying the breathtaking view.

Note of interest: To follow a new construction project from inception to finish, visit my new construction blog ,set up specifically for Wayne & Susan Gerald from Sammamish, Washington.    Over the last several months, I’ve reported about the process of selecting the lot, choosing a plan, and negotiating with builders.  We are currently at the point of being ready for the foundation to be poured.  Come follow along with us. 

For answers to specific real estate questions contact:

Carol@TopPropertiesWenatchee.com

source: Perry & Pam… On The Job