wenatchee construction: Owner-Builders Saving Money - 07/07/09 02:27 PM
This year, probably half of the construction loans I have done have been for owner-builders. This is the term we use for people who are building a home without a general contractor. In reality, the projects vary from individuals who never lift a hammer and just schedule all the subcontractors, to … (1 comments)
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wenatchee construction: 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 … (0 comments)
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wenatchee construction: Construction Financing Continues - 03/03/09 01:37 PM
I cringe whenever people ask, "Are you still lending money?"; but I suppose it is a fair question these days. In my markets of Wenatchee, Leavenworth, Chelan, Winthrop and Okanogan County, most of the banks that used to do a lot of construction lending have severely cut back their programs. Some of … (0 comments)
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wenatchee construction: Financing an As-Is Home in Wenatchee - 12/02/08 01:05 AM
One fallout from the current market is the increase in homes being sold As-Is. Either a builder was unable to finish, or maybe the house went back to the bank in less than perfect condition. Either way, you end up with Sellers who don't want to put more cash into the … (0 comments)
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wenatchee construction: Mortgage Rates Headed Up - 10/09/08 10:37 PM
I am not one that likes to make negative predictions, but the recent financial news leads me to conclude that mortgage rates will be going up. For those who are ready to buy or refinance, I believe now is a good time to lock in your interest rate.
If you want the … (0 comments)
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wenatchee construction: Market support for Wenatchee Homes - 07/17/08 01:18 AM
In the Wenatchee Real Estate market, you have to be careful about too many statistics. I actually took a statistics class or two back at UW many years ago, and we learned about something called sample size. Basically, if you don't have a lot of pieces to measure and slice and dice, … (0 comments)
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wenatchee construction: Wenatchee Home Builders Home Show This Weekend - 02/06/08 01:53 AM
This weekend is the 5th Annual NCHBA Home Show in Wenatchee. NCHBA is the North Central Homebuilders Association; so the show is all about construction, remodeling ideas, doors, flooring, decks , windows etc. And of course I am there to help people finance their construction or remodel project. There are no … (0 comments)
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wenatchee construction: Wenatchee Construction Update - 01/29/08 12:31 AM
I have talked to several people this month who are buying land in our area with plans to have a home built in the near future. As most of the questions are similar, I thought I would fill people in on Construction Lending in Wenatchee, Leavenworth and Chelan.
First of all, … (0 comments)
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wenatchee construction: 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 … (3 comments)
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wenatchee construction: Wenatchee Tour of Homes - This Week - 09/12/07 02:29 PM
If you have read about the great Real Estate market in Wenatchee and want to check it out, this week provides a perfect opportunity. High temps will be in the 80's and the Tour of homes runs Thursday through Sunday.
Thirteen homes will be on display, all from local builders. Plus while … (0 comments)
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wenatchee construction: Wenatchee Tour of Homes Update - 06/26/07 01:27 AM
Here is an update on the Wenatchee Tour of Homes.
The tour is put on by the North Central Homebuilders Association and sponsored by a car dealership in Wenatchee, so it is officially called the 2007 NCHBA and Sangster Motors Tour of Homes. It will be held September 13, 14, 15 … (0 comments)
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wenatchee construction: Wenatchee Construction- Going cheap may cost you - 05/22/07 01:07 AM
I heard about 2 Wenatchee/ Leavenworth area builders last week who are being impacted by the continued housing boom in our area. They both have had their projects delayed by a lack of available workers. This brings up a thought when shopping for a contractor to build your custom home: the … (2 comments)
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