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Heather Schelling

Fairchild Air Force Base | pricing Blog

Monday, April 1, 2019   /   by Connie Tracy

3 Tips for Selling Your Home to a VA Home Loan Buyer

As Fairchild AFB is growing, so are the amount of military personnel coming into Spokane. Many of the families are looking at purchasing homes using their VA eligibility. 

Here are 3 tips to be aware of when selling your home to a VA home loan buyer:

1. Familiarize Yourself with the Minimum Property Requirements

In order for a VA home loan to process, a VA appraiser is required to inspect and approve the Minimum Property Requirements (MPRs). Some MPRs are up to the appraiser's interpretation, and others are very specific.

These are the 14 points appraisers work with:

1. Must be a residential property. It can not be bare land.

2. The property must provide enough space for suitable living, including sleeping, cooking, and sanitary accommodations.

3. Electrical and plumbing systems need to be in good working order and have a reasonable time frame of future use available.

Backup Offer... What is that?

Pre-Approval vs Pre-Qualification...what's the diff? ...

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Sunday, March 31, 2019   /   by Dennis Isip

How To List Your Home for the Best Price

Are you moving to another state, or relocating to Washington State? More specifically, are you considering a move to or from the Spokane area? There are a lot dynamic factors changing in different directions simultaneously at this time. Let’s look at the big (national) picture first.

National Real Estate Market

If your plan for 2019 includes selling your home, you will want to pay attention to where experts believe home values are headed. According to the latest Home Price Index from CoreLogic, home prices increased by 4.7% over the course of 2018.

The map below shows the results of the latest index by state.

Real estate is local. Each state appreciates at different levels. The majority of the country saw at least a 2.0% gain in home values, while some residents in North Dakota and Louisiana may have felt prices slow slightly.

This effect will be short lived. In the same report, CoreLogic forecasts that every state in the Union will experience at least 2.0% a ...

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Wednesday, March 13, 2019   /   by Dennis Isip

Baby Boomers are Downsizing, Are You Ready to Move?

The Spokane real estate market is in a unique situation. While the rest of country shows signs of normal slowdown, Spokane continues to be challenged by low housing inventory. An Amazon distribution facility is being built as of this writing. This is expected to open up in Fall 2019, making 1500 job opportunities available. In addition, Fairchild Air Force Base is expected to add another 1000 servicemen and women, as it expands its operations.

On the other hand, the country’s largest homebuilder is expected to complete approximately 200 houses within the next 12-18 months. D.R. Horton recently expanded their presence in Spokane with a very aggressive plan to break ground in several communities around Spokane: Indian Trails, Colbert, South Hill and Spokane Valley.

So is it fair for baby boomers to be blamed for a portion of the housing market’s current lack of housing inventory?

Here’s wha ...

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Cambria Henry
304 W Pacific Ave; Suite 360
Spokane, WA 99201

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
MIMLS The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS® MLS. Real estate listings held by brokerage firms other than Haven Real Estate Group are marked with the IDX logo. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Haven Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Copyright 2019 of the Spokane Association of REALTORS® MLS. All rights reserved.