Peninsula Real Estate Information

Buying a HUD home

MichellesRealEstate.com — Fri, 11 Feb 2011 13:44:00 GMT

Who Can Buy a HUD Home?

Almost anyone! If you have the cash or can qualify for a loan (subject to certain restrictions) you may buy a HUD Home. HUD Homes are initially offered to owner-occupant purchasers (people who are buying the home as their primary residence). Following the priority period for owner occupants, unsold properties are available to all buyers, including investors.

What is a HUD Home?

A HUD home is a 1-to-4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim.

What About Financing?

HUD does not provide direct financing to buyers of HUD Homes. Buyers must obtain financing through either their own cash reserves or a mortgage lender. If you have the necessary available cash or can qualify for a loan (subject to certain restrictions) you may buy a HUD Home. While HUD does not provide direct financing for the purchase of a HUD Home, it may be possible for you to qualify for an FHA-insured mortgage to finance the purchase.

To find HUD listings in Mason, Pierce or Kitsap counties your can click my link for the latest up to date home available. www.MichellesRealEstate.com

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Twanoh Falls Market Update Jan. 2011

MichellesRealEstate.com — Mon, 07 Feb 2011 15:37:00 GMT

Twanoh Falls community

Market update for

January 2011

　

　

Currently there are 8 active homes for sale

Home listing prices range from $149,500-$285,000

The Average Listing price is $179,419

The average Price per square foot is $117.12

Currently the is 0 pending sales

There were 0 sold properties for the month of January

　

　

In conclusion the market area has a moderately high inventory level. 10% of the inventory is bank owned foreclosure properties and another 10% are short sale properties.

To find out more or to receive a free market analysis on your property located in or around Twanoh Falls Community

call me today!

Michelle Roethle

360-649-1195

www.MichellesRealEstate.com

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Beards Cove, Lynch Cove Market Update Jan. 2011

MichellesRealEstate.com — Mon, 07 Feb 2011 13:43:00 GMT

Lynch and Beards Cove

Market update for

January 2011

　

　

Currently there are 23 active homes for sale

11 Manufactured Homes/12 Stick Built Homes

Home listing prices range from $27,980-$249,000

The Average Listing price is $131,084

The average Price per square foot is $99.11

Currently the are 5 pending sales

The Average pending price is $134,633

There were 2 sold property in the month of January and the average sales price was $144,000

In conclusion the market area has a very high inventory level. 50% of the inventory is bank owned foreclosure properties and another 15% are short sale properties.

To find out more or to receive a free market analysis on your property located in or around Beards Cove / Lynch Cove call me today!

Michelle Roethle

360-649-1195

www.michellesrealestate.com

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Beards Cove, Lynch Cove Market Update Dec 2010

MichellesRealEstate.com — Mon, 07 Feb 2011 13:42:00 GMT

Lynch and Beards Cove

Market update for

December 2010

　

　

Currently there are 13 active homes for sale

Home listing prices range from $27,980-$249,000

The Average Listing price is $158,614

The average Price per square foot is $105.54

Currently the are 3 pending sales

The Average pending price is $134,633

There was 1 sold property in the month of December and the sales price was $125,000

In conclusion the market area has a very high inventory level. 25% of the inventory is bank owned foreclosure properties and another 15% are short sale properties.

To find out more or to receive a free market analysis on your property located in or around Beards Cove / Lynch Cove call me today!

Michelle Roethle

360-649-1195

www.MichellesRealEstate.com

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Trails End Market Report Dec 2010

MichellesRealEstate.com — Wed, 05 Jan 2011 14:50:00 GMT

Trails End Community

Market update for

December 2010

　

Currently there are 5 active homes for sale

Home listing prices range from $109,000-$249,000

The Average Listing price is $193,370

The average Price per square foot is $138.45

Currently the are 3 pending sales

The Average pending price is $165,000

There were 0 sold properties in the month of December

　

In conclusion the market area has a fairly low inventory level. 10% of the inventory is bank owned foreclosure properties and another 10% are short sale properties.

To find out more or to receive a free market analysis on your property located in or around Trails End Community

call me today!

Michelle Roethle

360-649-1195

www.MichellesRealEstate.com

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Twanoh Falls Market Update Dec. 2010

MichellesRealEstate.com — Wed, 05 Jan 2011 14:50:00 GMT

Twanoh Falls community

Market update for

December 2010

　

　

Currently there are 8 active homes for sale

Home listing prices range from $149,500-$364,999

The Average Listing price is $195,419

The average Price per square foot is $123.00

Currently the is 0 pending sales

There were 0 sold properties for the month of October

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Twanoh Falls Market Update

MichellesRealEstate.com — Sat, 16 Oct 2010 10:49:00 GMT

Twanoh Falls community

Market update for

September 2010

　

　

Currently there are 12 active homes for sale

Home listing prices range from $149,500-$240,000

The Average Listing price is $188,988

The average Price per square foot is $138.68

Currently the are 0 pending sales

There were 2 sold properties for the month of September

The average Sold price was $82,000

　

In conclusion the market area has a moderately high inventory level. 10% of the inventory is bank owned foreclosure properties and another 10% are short sale properties.

To find out more or to receive a free market analysis on your property located in or around Trails End Community

call me today!

Michelle Roethle

360-649-1195

www.michellesrealestate.com

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Trails End Market Report

MichellesRealEstate.com — Fri, 15 Oct 2010 14:34:00 GMT

Trails End Community

Market update for

September 2010

　

　

Currently there are 7 active homes for sale

Home listing prices range from $90,000-$375,000

The Average Listing price is $206,614

The average Price per square foot is $112.79

Currently the are 3 pending sales

The Average pending price is $192,000

There were 0 sold properties for the month of September

In conclusion the market area has a moderately high inventory level. 10% of the inventory is bank owned foreclosure properties and another 10% are short sale properties.

To find out more or to receive a free market analysis on your property located in or around Trails End Community call me today!

Michelle Roethle

360-649-1195

www.michellesrealestate.com

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Beards Cove, Lynch Cove Market Update

MichellesRealEstate.com — Fri, 15 Oct 2010 11:38:00 GMT

Lynch and Beards Cove

Market update for

September 2010

　

　

Currently there are 18 active homes for sale

Home listing prices range from
$27,980-$249,000

The Average Listing price is $153,000

The average Price per square foot is $117.66

Currently the are 3 pending sales

The Average pending price is $182,475

There was 1 sold property in the month of September and it sold for $74,000

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Belfair Washington Sewer Project

MichellesRealEstate.com — Thu, 09 Sep 2010 16:04:00 GMT

Many people have come through our little town of Belfair, Washington over the summer. Many locals have thought to themselves, my goodness these folks must think that Belfair is the land of icky roadways and old buildings.

Change is in the air. As the sewer project moves forward we are seeing changes all of the time. Whether it be new building or businesses or changes and updates to the existing buildings change is everywhere.

We can't wait for the projects to be finished and show off our little town of Belfair to all of the vacationers and second home buyers that come through in the spring and summer.

If you are interested in purchasing a second or full time home in the Belfair, Allyn, Hood Canal area, call me at 360-649-1195 or visit me on the web at www.michellesrealestate.com .

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North Shore Waterfront Statistics

MichellesRealEstate.com — Thu, 09 Sep 2010 15:52:00 GMT

We have had a rough year with waterfront sales on the North Shore of Hood Canal this year. According to my findings we have had 3 solds January 1 to current. Right now there are 18 active homes ranging from $238,000 all of the way up to the mid $800,000 mark. Also we have 3 pending sales that we hope will bring our yearly total to 5.

All around values are down and this is just fact, but its a great time for buyers. If you are looking to get more market information or are interested in buying or selling a home in the Belfair, Tahuya area or beyond call me or visit at www.michellesrealestate.com .

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