Wenatchee Homes Sold Recently

On my residential blog, I've posted an article with a list of homes that have recently closed. Addresses and prices are included.

Carol@TopPropertiesWenatchee.com
http://TopPropertiesWenatchee.com

Rare Columbia Riverfront Listing

Here's a post similar to one from my residential blog, but thought it worth sharing here:

This week's Wenatchee area real estate agent home tour took us to a rare river frontage listing... a 3700+ square foot home, with over 3 acres and 1200 feet of Columbia River waterfront. It is a hand peeled log home with pool, spa, sauna, boathouse and an older mobile home for a guest house or rental. It is listed at a cool $2.5 Million. If you'd like some additional info on this home and property, please e-mail me a request for MLS #676405 : Carol@TopPropertiesWenatchee.com

It's definitely Spring because we are seeing more homes coming on the market, as is typical for this time of year. Other prices on today's tour (excluding the riverfront property) was $154,900 - $335,000.

Search the entire local, state or national MLS at:
http://TopPropertiesWenatchee.com

Goal Update

After the first two months of the new year, it's a good time to re-evaluate your goal achievement progress. Are you on track for your goals for the year, or do you need to recommit and make a new strategy?

Is the whole goal setting process a puzzle to you? Whether your goals involve buying real estate in the Wenatchee area (or anywhere in the United States)... or improving your life in other areas, I have some tools that may help you.

Let me know if I can help you put together a customized plan.

Carol@TopPropertiesWenatchee.com
http://www.TopPropertiesWenatchee.com
www.CarolsWenatchee.com/wenatchee-realestate

Real Estate Foreclosures Up?

Recent reports indicate the number of real estate foreclosures nationwide could increase by about 25% this year. This does not mean, of course, that 25% of loans will go into default. Less than 1% of loans nationwide have been going into foreclosure, so that is the number being used as the basis. So, this 1% could increase to about 1.25% of the total in the coming year.

Not to prey on misfortune, but it could be a year to watch for some good opportunities in foreclosures. In order to be most effective buying foreclosures, you will need to be able to buy without contingencies and offer a quick closing to the foreclosing entity (lender).

Due to our strong and diverse economy, I don't anticipate this much of an increase in the Wenatchee real estate market. But, we will watch the trend and see what happens. I'll try to post the foreclosure inventory occasionally.

If you have specific questions about Wenatchee area real estate, or current foreclosure inventory, please contact me:

Carol@TopPropertiesWenatchee.com
http://TopPropertiesWenatchee.com

More Real Estate Info

For more real estate information go to:
www.carolswenatchee.com/wenatchee-realestate

e-mail: Carol@TopPropertiesWenatchee.com
Property searches: http://TopPropertiesWenatchee.com

East Wenatchee Apartment Complex

There's an interesting 33 unit apartment complex (plus a house on site) available in East Wenatchee for $2,650,000! This computes to $77,941 per unit at full price. Let me know if you'd like details.

Carol@TopPropertiesWenatchee.com
www.TopPropertiesWenatchee.com

Foreclosure Investment Opportunities

As we move into a new calendar year, many investors have idenified "foreclosure" properties as a potential investment income opportunity for the coming year. I've written before about some of the misunderstandings regarding the foreclosure market. If you click on the link, scroll down to the "Buying Foreclosure Homes" article. Despite, some of the misunderstandings surrounding the foreclosure home buying market, there are certainly going to be some profit potential opportunities out there.

This morning I was reading an article on the pros and cons of foreclosure real estate on the Inman News website. Click on the link and check out the article. It outlines the basic process. If you have any trouble accessing the article, let me know and I can forward it to you in an e-mail attachment.

If you are interested in what foreclosure properties are available in your area, contact me and I will print out a complete list for you. I can access information in all areas within the United States. You can request reports by zip code, city, county or state.

Carol Williams

Carol@TopPropertiesWenatchee.com
www.TopPropertiesWenatchee.com

New Year Goals

Happy New Year! Have you set your goals for the year 2006 yet? If not, today is a great day to find a quiet corner and contemplate the things you'd like to accomplish in the coming year... and how you're going to achieve those things.

Goal setting is one of my favorite subjects because I believe in the philosophy:
"Whatever the mind can conceive and believe, it can achieve".

Until goals are written and specific, they are merely wishes. Here is a link to an article outlining 7 steps to goal setting. At the bottom of this article is a big link to another interesting goal setting site... with tips, articles, and a newsletter. If you were to follow the formula and do a complete goal setting session for all 6 areas of your life, it is a comprehensive, time consuming and envigorating process. It is time well spent and well worth the effort.

For now, start with one... and move forward from there. If you were to stay within the spirit of this blog, a financial goal pertaining to starting or expanding a real estate portfolio would be appropriate.

Do you have dreams you'd like to turn into reality? I am a trained goal setting instructor, so if you would like some guidance let me know.

Yours for success, prosperity and happiness in '06
Carol

http://www.blogger.com/
http://www.toppropertieswenatchee.com/

Merry Christmas!

I'll be back after the first of the new year with more
real estate investment information. In the meantime...
H a p p y H o l i d a y s !

Unfair Tax Burden?

I posted this on my residential blog, but it's important for all who invest in real estate... so here is a link to the Washington Association of Realtors Government Affairs news page. There are some important issues, one most specifically about the proposed (significant) increase in excise tax imposed on the sale of homes (and investments properties) from every single real estate transaction. I encourage you to read the article and write your legislator with your comments. Here's a link to find your legislator.

Changing Your Destiny

"Nobody can go back and start a new beginning, but anyone can start today and make a new ending." - Maria Robinson

I love this quote. It's appropriate whether you're interested in improving the outcome of your financial goals, or improving relationships with your family.

4-Plex in Cashmere

I've listed a nice 4-plex building in Cashmere. Each spacious unit has 2 bedrooms and 1 bath, located very convenient to downtown Cashmere.

Total monthly income averages about $2,530(including laundry income). We have given notice for the rents to be raised, bringing the monthly income to $2,630 per month. They are always very easy to rent when a vacancy occurs.

List price is: $399,000


Contact Carol for details:
Carol@TopPropertiesWenatchee.com

Investor Errors

Here's a link to an interesting article about mistakes that newbie investors tend to make. If you're interested in getting into the real estate investment business, I recommend you start by working with an agent familiar with investment properties. Once you become more experienced, you can consider going it alone... but even most of the experienced investors utilize the services of an agent they know and trust.

Have You Hugged a Veteran Today?

I humbly take this opportunity to salute all veterans... and to all the current active military soldiers.

A special tribute to my Dad, Bruce Klock (1913-1964), who served in World War II.

God Bless America

Latest Wenatchee Area Foreclosure List

I have posted the latest Wenatchee area real estate foreclosure list on my residential blog. I can also generate a foreclosure list for any area in the country. Please contact me for the latest status on any foreclosure property.


Have a great week-end,
Carol Williams

Carol@TopPropertiesWenatchee.com
Primary residential blog
Search listings in Wenatchee, Statewide, or Nationwide

Reasons to (or not to) Buy Real Estate?

Here is a link to an article that puts in perspective the most traditional reasons FOR buying real estate. Real estate IS a great investment, but do you research and be careful not to buy for the wrong reasons.
Carol

Search local Wenatchee, State, or Nationwide real estate listings here
Residential Blog

Gone To England

I'm now in England. If you wish to follow the adventure, please go to my personal blog. I'll also be posting some to my other real estate blog.

I'll be back to posting about Wenatchee real estate and investment ideas the week of November 7th.

Cheers from the olde country,
Carol

Thought For The Day

"Too often we enjoy the comfort of opinion, without the discomfort of thought." -J.F.K.

Activity vs Progress

Quote of the Day:
Do not mistake activity for progress.
You can keep busy in a rocking chair,
But you don't get anywhere.
- Earl Nightingale

Are Your Kids Money Savvy?

While reviewing current interest rates at Bankrate.com, I came across this article on teaching kids to be money savvy. It's definitely worth a read.

Here is an excerpt:
"Children between the ages of 5 and 14 have direct purchasing power of more than $40 billion a year and influence $146 billion worth of purchases. Yet, few children are taught, either in school or at home, about managing money.

With schools forced to make tough choices on which "noncore" subjects to include in curriculums, parents are often left to teach financial skills on their own. For parents, many of whom don't feel confident in their own money-management prowess, teaching their kids how to manage money can be an intimidating task.

But don't put off addressing the issue." To read the complete article, click here.

Financial responsibility is one of the most valuable lessons parents can teach their children. It's never too early (or too late) to start.

Yours for success & properity,
Carol

e-mail: mailto:CaCarol@TopPropertiesWenatchee.com
Primary website: www.TopPropertiesWenatchee.com
Residential blog: www.CarolsWenatchee.com

Empty Pockets?

Empty pockets never held anyone back.
Only empty heads and empty hearts can do that.
- Norman Peale

Norman Vincent Peale must have been talking to some real estate investors when he coined this quote. As the old saying goes: "Where there is a will, there is a way".

Have a great week-end,
Carol

Education vs Catastrophe

"Human history becomes more and more a
race between education and catastrophe."
- H. G. Wells (1866-1946)


The above quote struck me in view of current events
in the world. It's my belief that it's important to
look at the catastrophes as an opportunity to correct
some major problems and make the intelligent decision
to make things better, not try to recreate the lost for
the sake of nostalgia or fear of the unknown.

Have a great day!
Carol

Tax Consequences of Flipping Houses

There's a good article at Bankrate.com about the investment practice of flipping houses. With skyrocketing values of home across the nation, this has become an even more popular investment strategy.

A current client of mine recently bought a property and is wanting to flip it. I recommended she use it as a rental for a period of time, then sell it when it qualifies for a 1031 exchange. Under this strategy she could defer taxes. Surprisingly, her accountant told her not to worry about the tax implications because, if she was going to make a lot of profit, why would she care about paying part of it to taxes. I totally disagree with that thinking when there is a strategy to make the profit AND avoid the taxes.

Just so an investor considers all the possibilities and makes an informed decision, it's fine with me.

Yours for success & prosperity,
Carol

Thought For The Day

I have been through some terrible times in my life,
some of which actually happened." - Mark Twain

I love that quote from Mark Twain. We do tend to
exaggerate the crisis of the moments, don't we?
If you follow the "real" tragedies in the world, it's a
little easier to keep life in perspective.

Have a great week!
Carol

Quote of the Day

Work as though you would live forever,
and live as though you would die today.
-Og Mandino {1923-1996 American Motivational Author & Speaker}

It's difficult to find that perfect balance between planning for later in life and living for today, but it's absolutely essential for a well balanced life.

Og Mandino is absolutely one of my favorite inspirational speakers. If you have never read any of his books or listened to his tapes, I highly recommend them. My favorites are "The Greatest Salesman In The World" and "Mission Accomplished". I prefer the tape versions because you get the pleasure of listening to Og himself. I love his voice. It is peaceful, motivational and inspirational.

Yours for success,
Carol