Lake Chelan Sailing Regatta September 11 & 12

The Lake Chelan Sailing Regatta is almost here.  Clean clear water, sunshine, and sometimes wind even, the Chelan Regatta is always fun.

Even this early, it looks like there well be a good group of Catalina 22s along C-Lark 14s, San Juan 21s, multis and cruisers.  For information and registration go to LCSA.

The regatta is a fund raising event which provides the ability for the Lake Chelan Sailing Association to conduct free community sailing lessons and other events during the year.

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Public Comment period for Lakeside Trail, Section J

Public comment is open on the City of Chelan’s application to build Section J of the Lakeside Trail at Lakeside.  The trail does route down Terrace Avenue to Lakeside Park.

Public comment is open until October 8.  Here is the NOA Lakeside Trail Section J.

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Legacy Ridge files new application for subdivision bordering Crystal View Estates

Legacy Ridge filed a new application for a 97 lot subdivision bordering Crystal View Estates and getting access to Highway 150 through Crystal View Estates.

It looks pretty similar to the old application to me.  There was some controversy over the traffic improvements that were required and how those might be accomplished.  Possibly this application addressses those issues.

Here is the notice of application Legacy Ridge.  For a complete package, visit with Community Development at the City of Chelan

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Tax increase for Town Toyota Center taken off table for Chelan City Council, temporarily

At last night’s Chelan City Council meeting, Joe Jarvis and Mark Miller representing the Public Facilities District asked the council not to vote on the resolution to put a 0.2% sales tax increase on the ballot for a special election.

They instead talked about their views of the value of the center to the residents of the city and how they thought it was premature to discuss a tax increase.  They intend to discuss the situation in more detail with the mayors of the 9 districts in the Public Facilities District first.

Several members of the Chelan City Council expressed a lack of support for a tax increase in the City of Chelan to benefit the Town Toyota Center, which they saw as having virtually no economic benefit to Chelan businesses.  There was also concern expressed that Chelan voters wishes would be overridden in an election by the much larger population of Wenatchee who would be highly motivated to pass the tax increase.

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Want to know how to tell if your home is priced to sell?

This video does a good job of going through a buyer’s perspective on homes for sale. The market will give feedback to a home seller on whether their home is priced correctly. And, to keep your home from going “stale” and to get yourself the best price, you would be best off to get it priced “in the market” quickly.

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The End of Summer Sale is on for Lake Chelan homes and real estate

The kids are getting ready for school, the days are getting shorter and the hottest days of summer appear to be behind us.  There’s no frost on the pumpkin yet, but September is almost here.

If you’re trying to sell a Lake Chelan home or property, the selling season is growing short!  But, if you want to buy a Lake Chelan property, the coming seasonal slow down at Lake Chelan means good deals are there to be had.  This is what I call the annual “End of Summer Sale” on Lake Chelan real estate.

Price reductions are the rule of the day.  Are there short sale and bank owned properties?  Absolutely, even on Lake Chelan waterfront there are motivated sellers of all types, some of them banks.  Today’s “hot list” has a short sale Lake Chelan waterfront home for only $549,000.  Yesterday’s had a huge, nearly new bank-owned Lake Chelan waterfront home for just a little over $1 million.

On tour Tuesday was a truly spectacular Columbia River waterfront home, 7000 square feet of it with a pool, theatre, wine cellar and the highest end construction I’ve seen on any Lake Chelan home that has been on the market.  It is listed for under $2 million.

These sellers know if they don’t get their homes sold soon, they’re likely to be owning them well into next year.  That means they’re looking at having to spend money on those properties.  That’s money we can negotiate into savings for you.

Have a look at what’s available with no risk or phone calls with our no registration required, free Lake Chelan MLS search! Just a few years ago, I couldn’t have shown you a half dozen Lake Chelan homes for sale.  Today, we can find almost whatever you want and at a huge discount from before, and usually below assessed value!

If you don’t think you’d use a Lake Chelan home during the winter, you don’t know even a quarter of the fun things to do around here.  I’d be happy to show you the skiing, snowmobiling, snowshoeing, and other great winter stuff to do.

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Posted in Buying your Lake Chelan home, Chelan What's Happening, General Interest, Lake Chelan Acreage for Sale, Lake Chelan Community Waterfront Home for Sale, Lake Chelan Condominium for Sale, Lake Chelan Home on Acreage for Sale, Lake Chelan Homes for Sale, Lake Chelan Lots for Sale, Lake Chelan Real Estate, Lake Chelan Real Estate Market, Lake Chelan Waterfront Homes for Sale, Lake Chelan Waterfront Lots for Sale | Tagged , , , , , | Leave a comment

Large Woody Debris might be history!

GoLakeChelan has a posting today on a meeting that was held with local citizens and Lisa Veneroso, assistant director of the Washington Department of Fish and Wildlife, on August 12th.

At the meeting Russ Jones of the Lake Chelan Sailing Association gave a presentation on Large Woody Debris in Lake Chelan and the impacts of docks on fish in Lake Chelan.

If large woody debris isn’t working in your community, then large woody debris isn’t working” said Lisa Veneroso, assistant director of the Washington Department of Fish & Wildlife (WDFW). “It should be an option, but it should not be the only option.

Veneroso made that statement at a meeting in Chelan on August 12th at Cashmere Valley Bank with a few stakeholders opposing the placement of large woody debris in the lower Wapato Basin after listening to a presentation on the practice by Russ Jones and the concerns of the stakeholders that were present.

Veneroso also said, “If the collective opinion is that there is no impact from docks to fish life, then I think that’s the point we have to resolve or dig into deeper.

Veneroso was gracious enough to take time out from her vacation to meet with Jones, Chelan County Commissioner Doug England, local dock owner Nate Bender, Chelan City Councilman Skip Morehouse and Lake Chelan Yacht Club President Dave Peckham. – GoLakeChelan.com

I’m hopeful that LWD in Lake Chelan for dock mitigation may indeed be history.
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Downtown Master Plan and South Chelan Plan Hearings on September 1

The City of Chelan Planning Commission is having public hearings on the Downtown Master Plan and the South Chelan Sub-Area plan at their September 1 meeting.

This is the last major opportunity to provide input to realistically make any changes to these plans.  The downtown plan has some controversial restrictions on particular businesses that might no longer be allowed in the downtown area in the last draft I have seen.

The meeting is at 6:00 p.m. in the Council Chambers at 135 E. Johnson.

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Proposed Federal Ban on transfer fees to hit Community Associations

The National Association of Realtors and the American Land Title Association have been lobbying the federal government to eliminate private transfer fees. They’ve not got a proposal out for public comment with the Federal Housing Finance Agency to do just that.

But, the proposal may have some consequences beyond those desired by the Realtors and Title Agents. The wording of the proposal would also prevent community associations (also known as homeowners’ associations) from collecting fees when title to a property is transferred.

Many new housing-development projects come with not-for-profit homeowners associations that collect assessments from owners to fund community improvements and property management.

Some also receive covenanted transfer-fee payments to fund part of their work. Still others impose long-term transfer fees designed to benefit specific charities.

For example, Lennar, a homebuilder based in Miami, has imposed mandatory transfer fees on thousands of homes constructed in its California projects. – Seattle Times

If you are a homeowner in a community with an association that uses covenant based transfer fees as part of its funding you, or a potential buyer of your home, may not be able to obtain government backed mortgages under terms from Fannie Mae, Freddie Mac nor the FHA.  With those funding sources being almost all of the available mortgages being offer, that would be an issue.

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Posted in Finance & Mortgage, General Interest, Lake Chelan Real Estate, Lake Chelan Real Estate Market, National Association of Realtors, Selling your Lake Chelan home, The Real Estate Market, Your Lake Chelan Home | Tagged , , , , | 1 Comment

New Home sales drop to a new record low