USRDA and Underwriting Conditions

A little known issue that is popping up in regards to using this loan for housing in the local Ephrata area is throwing a wrench in some sales. So buyer beware when using this loan program that your costs for obtaining the loan might be higher then you think.

Because of the fact that Downtown Ephrata is within a flood zone obviously you have to obtain flood insurance which can cost you an extra $800 or more prior to closing.  Along with this however, is the requirement that USRDA requires housing within a flood zone to also have a survey of the flood zone and where the house is sitting to verify that the home is 12 inches above the flood path.  If the home is not above the 12 inches they will not loan on that particular piece of property.

This survey is going to cost you an additional $500-$1000 from a local engineering company.  Don’t be caught unaware in the middle of the transaction with additional costs that can keep you from buying your dream home.

New Homes For Sale in Moses Lake

Wow your Sweetheart!

Wrap Up a Home at Sun Terrace for Valentine’s Day.

Gentlemen! It’s February! Wow your sweetheart for Valentine’s Day and get out of the doghouse and into a new Aho home today! Aho has new home construction just for you and your family! Come by the Aho Model Home in Mae Valley at 1204 Fairway Dr. in Moses Lake and see what we have in store for you! Office hours are weekdays from 11-5 and weekends from 12-4. Secure a lot hold today. Foundation to finish in 65 days!

Barrington Pointe News February 2012

As Winter continues on, Barrington Pointe is filled with melting snowmen, joggers, children playing and our beautiful Winter sunshine. There are currently 3 homes for sale; 1 is finished and ready to move into, 2 will be finished the end of February. There are many more great lots to choose from and you pick your house plan and options. Located next to the new Orchard Park Elementary school. Literally walk your children 1 block to school each day. Only 2 minutes from downtown to enjoy shopping and entertainment.

If you’re looking for quality built, new construction, real estate in Moses Lake, then you’re looking for a home in Barrington Pointe. Schneider Homes offers a variety of house plans ranging from 1,320 square foot ramblers with 3 bedrooms and 2 bathrooms to roomy 2-story homes with 5 bedrooms and 3 bathrooms. Stop by the model home sales office today.

Open House Hours: Every Wed-Sun 1:30-4pm.

Located at 1305 W Century St. in Moses Lake.

Call Lynn Garza at 509-760-4166 or Lisa Garmon at 509-237-1021 to set up an appointment to start planning your new home in Moses Lake.

Come see us and pick out the home of your dreams.

January 2012 Home Market News

GREETINGS

People always ask me, “How’s the market?”  As promised, here’s the latest statistics just released from the Northwest Multiple Listing Service.  I post these reports quarterly at my office website.

MY THOUGHTS

2012 is going to be a good year. Interest rates on 30 year fixed are 3.89%. Last year at this time they were 4.74%. Historic lows continue. Lenders and their underwriters remain extremely cautious as they process loans.

70% of the homes that sold in 2011 were between 100-250k. This is the bulk of the Moses Lake market.

Please stop in and say hello the next time you are going by the office, I would love to see you.  Happy New Year.

New Homes For Sale in Moses Lake

Sun Terrace News January 2012

Happy New Year 2012! I hope everyone enjoyed their family and friends during the Christmas Holiday.

There is a new home under construction at 4712 Badger. It is plan 2556 with 4 bedrooms and 2.5 baths. Robbie Deleon and his family are the proud new owners of this home.

If you have not had a chance to see the finished home at 305 Shrike, please stop by. There are many upgrades in this lovely 2364 sq ft home that give it the wow factor for sure. It has 4 bedrooms, 2.5 baths, a den and hardwood floors. You’ll love the many upgrades: cherry cabinets and tumbled tile backsplash in the kitchen, plus extra cabinets in the laundry room which provide all kinds of handy storage. Cable, phone, and internet ready. This home is offered at $226,650.

301 Shrike is also ready for a new owner. It’s a wonderful 2222 sq ft home with 4 bedrooms and 2.5 baths and a den. You will love the elegant kitchen with stainless steel appliances, desk, walk-in pantry and island. Nice open floor plan with custom cabinets and beautiful alder/iron staircase. Energy Star Certified. 2/10 Warranty. Cable, phone, and internet ready. Priced at $199,900.

The model home at 1204 Fairway is also for sale. It is a fabulous rambler with 2139 sq ft, 3 bedrooms, a den, upgraded master bath with tile floors and a jetted tub. The living room boasts a stone fireplace to warm you and a beautiful bay window. There are two atrium doors for access to an extended sunny patio. The model home is open 7 days a week. Lupe Garces is onsite weekdays to answer all of your questions. Windermere holds the home on the weekends. Please come by and say hello. We can make your dream of owning a new home a reality…foundation to finish in 65 days!

Sun Terrace offers easy access to I-90, the Moses Lake Golf Club, Blue Heron Park, and Pillar Rock, one of Moses Lake’s best restaurants.

Call Lois Kincaid, 750-7587, or Jay Kincaid, 989-3309.

See Whats Happening at Stratford Road Estates

Huge price reduction on the model home!

This home is complete with 5 bedrooms PLUS a finished bonus room and is full of upgrades such as tile floors, 5 ft fridge, and granite tile counters. On 2.5 acres at Stratford Road Estates – plenty of room for a shop or animals!

Now priced at $319,900!





New Homes For Sale in Moses Lake

Sun Terrace News December 2011

I hope everyone enjoyed their family and friends at Thanksgiving. Can you believe that Christmas is just around the corner?

There is a new home under construction at 4712 Badger. It is plan 2556 with 4 bedrooms and 2.5 baths. Robbie Deleon and his family will be the proud new owners of this home.

If you have not had a chance to see the finished home at 305 Shrike, please stop by. There are many upgrades in this lovely 2364 sq ft home that give it the wow factor for sure. It has 4 bedrooms, 2.5 baths, a den and hardwood floors. You’ll love the many upgrades: cherry cabinets and tumbled tile backsplash in the kitchen, plus extra cabinets in the laundry room which provide all kinds of handy storage. This home is offered at $226,650.

301 Shrike is also ready for a new owner. It’s a wonderful 2222 sq ft home with 4 bedrooms and 2.5 baths and a den. You will love the elegant kitchen with stainless steel appliances, desk, walk-in pantry and island. Nice open floor plan with custom cabinets and beautiful alder/iron staircase. Energy Star Certified. 2/10 Warranty. Cable, phone, and internet ready. Priced at $199,900.

The model home at 1204 Fairway is also for sale. It is a fabulous rambler with 2139 sq ft, 3 bedrooms, a den, upgraded master bath with tile floors and a jetted tub. The living room boasts a stone fireplace to warm you and a beautiful bay window. There are two atrium doors for access to an extended sunny patio. The model home is open 7 days a week. Lupe Garces is onsite weekdays to answer all of your questions. Windermere holds the home on the weekends. Please come by and say hello. We can make your dream of owning a new home a reality…foundation to finish in 65 days!

Sun Terrace offers easy access to I-90, the Moses Lake Golf Club, Blue Heron Park, and Pillar Rock, one of Moses Lake’s best restaurants.

Call Lois Kincaid, 750-7587, or Jay Kincaid, 989-3309.

New Homes For Sale in Moses Lake

Sun Terrace News November 2011

Fabulous fall in Moses Lake! The trees are turning colors as the days get shorter. For some golf is over for the season. Other diehards are still out there in their heated carts still swinging away.

If you have not had a chance to see the finished home at 305 Shrike, please stop by. There are many upgrades in this lovely 2364 sq ft home that give it the wow factor for sure. It has 4 bedrooms, 2.5 baths, and hardwood floors. Did anyone say, “man cave”? There is a handy 3 car tandem garage which could be the perfect place to watch movies and sports and the Super Bowl is right around the corner. Priced at $226,650.

301 Shrike is also ready for a new owner. It’s a wonderful 2222 sq ft home with 4 bedrooms and 2.5 baths and a den. You will love the elegant kitchen with stainless steel appliances, desk, walk-in pantry and island. Nice open floor plan with custom cabinets and beautiful alder/iron staircase. Energy Star Certified. 2/10 Warranty. Cable, phone, internet ready. Priced at $199,900.

The model home at 1204 Fairway is open 7 days a week. Lupe Garces will be the host weekdays and Windermere will be the host on weekends.

We are ready to help you design your new home. Remember…foundation to finish in 65 days!

Call Lois Kincaid, 750-7587, or Jay Kincaid, 989-3309.

October 2011 Home Market News

GREETINGS

People always ask me, “How’s the market?” As promised, here’s the latest statistics just released from the Northwest Multiple Listing Service.

MY THOUGHTS

The mortgage process is a minefield even with the lowest interest rates in 50 years. Buyers are under a lot of scrutiny and that is with high credit scores. The 750 score is now equivalent to the old 640 score. Low interest rates allow buyers to purchase homes at higher prices if they qualify.

Fall is my favorite time of the year. I love to see the falling leaves, and watch football and baseball. I am a diehard Yankee fan, but please don’t hold that against me. It is a lifelong passion and they are out for this year.

Please stop in and say hello the next time you are going by the office, I would love to see you.

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Barrington Pointe News October 2011

Windermere/K-2 Realty in Moses Lake and Schneider Homes have teamed up to sell homes at Barrington Pointe in Moses Lake. Barrington Pointe, Schneider Homes most recent neighborhood, offers Energy Star efficient, quality built homes in a fantastic location. Just minutes from downtown Moses Lake and a short walk from shopping, Barrington Pointe has added style to central Moses Lake. Located next to the new Park Orchard Elementary School, several city parks and the Grant County Fairgrounds, Barrington Pointe in Moses Lake is where it’s at!

If you’re looking for quality built, new construction, real estate in Moses Lake, then you’re looking for a home in Barrington Pointe. Schneider Homes offers a variety of house plans ranging from 1,320 square foot ramblers with 3 bedrooms and 2 bathrooms to roomy 2-story homes with 5 bedrooms and 3 bathrooms. We have three new homes in the construction process right now. Stop by the model home sales office today at 1305 W Century St. in Moses Lake to pick out the home of your dreams or call Lynn Garza at 509-760-4166 to set up an appointment to start planning your new home in Moses Lake.