buyers: Where do I get a downpayment? - 07/14/08 11:07 AM
For first-time buyers, often the first thought that comes to mind is, "I need a down payment." This is often followed by the question, "Now, where do I get that down payment?"
Depending upon the loan type, a home mortgage typically requires 3 to 5 percent down. If you have the money, then you're set. But what if you don't?  What if you're renting? You can afford a mortgage within your means, but coming up with the down payment money needed to begin the transaction can be challenging. So, where can you turn?
One of the most overlooked sources of down … (2 comments)

buyers: Right now couldn't be a better time to invest in a home in Spokane! - 07/10/08 01:18 PM
In 2007, Spokane was one of only a few cities nationwide where the median price of a 
home increased in value.  Contrary to many major markets, "Most of Spokane's 
speculative builders dramatically reduced the number homes they will build in 
2008," said Robert Henry, President of R&D Construction and board member of 
the Spokane Home Builders Association.  The result of declining home starts 
means that at the current rate of market absorption (the rate at which new 
homes are currently selling), the current inventory of new homes will have 
been purchased by the first quarter of 2009.  Production builders are likely 
to … (0 comments)

buyers: Our role....mainly as educators. - 03/12/08 10:35 AM
This Sunday I rushed home from my mothers home about 4 hours away in the middle of the gorgous Cascade Mountains to meet one of my out of town buyers with whom I had an appointment to show homes to in the afternoon.  I got home a bit early and waited patiently for him to call me after his luncheon as we had planned.  About 30 minutes went by and I never heard anything from him, so I gave him a quick call.  I was surprised when I finally got ahold of him and he let me know that his plans … (4 comments)