Property Q&A in Spokane>Question Details

Kelly, Other/Just Looking in Spokane, WA

Are there any more condos in this development or nearby available? And if so, can you make monthly payments?

Asked by Kelly, Spokane, WA Fri May 1, 2009

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Hello Kelly
I have sold in this condo development before and the nice thing that my previous client really liked apart from the convenient northside location was the single car garage rather than a carport as most of the other developments my clients also looked at. Also some of the units have been wonderfully updated.

If you are a First Time Home Buyer you would probably qualify for the up to $8000 tax credit (or 10% of value whichever is less). A 3.5% downpayment would be needed from your funds. If you need assistance with the downpayment funds have just been released by the WA state Bond program but you would be paying a slightly higher interest rate. WA state is also looking to approve another downpayment assistance program which would be in the form of a bridge loan so that the tax credit could be utlized at closing. Washington Realtors hope to have this in place next month so you can check bak with me or with your lender then.
0 votes Thank Flag Link Fri May 1, 2009
Hello Kelly,

There are 4 more condo's in this develpoment that are currently on the market. You would have to get bank financing for all of these properties or pay cash. None of them offer a lease option or seller finance. Please feel free to look at the listings, I have included them in the web references below.

Thank You,
Patti Marcotte
0 votes Thank Flag Link Fri May 1, 2009
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