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land loans: Land Finanancing continues in Eastern Washington - 06/17/09 12:39 AM
I was at a meeting with Realtors from Western Washington, and they were amazed that we were still doing lot and land financing.  Actually in our market areas of Wenatchee, Chelan, Winthrop, and Leavenworth (plus surrounding Counties), there are actually several community lenders that will lend on land. Each bank has different programs and terms, so it is worth calling around to compare programs before making a decision.
I have seen some great deals out there; your dollar really goes a lot farther than it did a few years ago.
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land loans: Chelan Land Financing - 02/05/08 01:37 AM
 
  
Lot and land sales at Lake Chelan seem to be brisk right now; as I am getting inquiries every week from people wanting to finance a building lot or some land. Most people have not financed land before so I hope to remove some confusion with a little explanation.  This would also apply to people financing Leavenworth land or a building lot in Wenatchee.
The first thing you will find is most lenders don't want to finance land; especially now. Land is harder to liquidate if the bank ends up taking the property back, and the national lenders who are trying to improve … (0 comments)

land loans: Wenatchee Fall Construction Race - 10/15/07 12:02 AM
 
It's that time again; every Fall in the Wenatchee area, builders scramble to get their foundations poured before it freezes, giving them a chance to get their homes framed in so they can work inside during the Winter.  Some years have been mild, where you could excavate and pour concrete all Winter long.  But more typically, we see someone get a late start and be delayed for 2 months and finally pour in February.
Good news this year for people planning a custom home, many good builders are holding off on their spec building to see where the market goes. This means … (3 comments)

land loans: Lake Chelan Real Estate - 07/27/07 01:18 AM
I went up to Lake Chelan with my family and the neighbors a couple of weekends ago. We rented two 3-seater Wave runners for a half day and we had all the riding we wanted. Chelan is a great place to play in the sun. It feels to me like the Chelan Real Estate market is hovering, waiting to take off again.  I am not a market genius, but I have visited almost every major mountain resort town in the Western US.  In my opinion, Chelan will always be gorgeous because it is subject to the most stringent Growth Management (as … (0 comments)

 
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Darel Ansley

Wenatchee, WA

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Peoples Bank

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