$50,000 Buyer Bonus…

Filed Under Blog, Buyers, Issaquah Highlands, Real Estate | Leave a Comment

Dahlia Park is one of the many neighborhoods in Issaquah Highlands. The homes are built by Bennet and feature open floor plans, master suites on the main floor, hobby rooms, dual masters and extensive built-in storage, which all work together to offer you maximum flexibility. The signature feature of these homes are what Bennet calls Garden Rooms, which are just a fancy way of describing an outdoor space that acts as an extension of the home’s interior. If that is not enough, the homes are large, ranging from 2,000 square feet to over 3,200 square feet, and beautiful.

Are you drooling yet?

How does an extra $50,000 in your pocket sound? Would that make you drool? If it does then you should pick your jaw up off the floor and wipe up the puddle. The offer may be too good to be true.

Two weeks ago these homes were selling for the same price with no Buyer Bonus. Now all of a sudden Bennet is tossing buyers an extra 50k back; why? Often times when builders are down to the last of their inventory and market conditions are shifting, they will provide incentives to close out the project. Currently there are 189 active listings in Issaquah Highlands so there is a fair amount of competition. Could this mean that Bennet thinks that they need to move the property fast so they don’t get caught in a falling market? That is another post altogether.

One thing is for sure, with such a large incentive, the builder has to be careful that it falls within lending guidelines; a buyer is not able to receive cash back directly from seller or anyone else for that matter. They may use cash toward their closings costs and buying down the interest rates and other legitimate closing costs. So while cash incentives are great - make sure that they are being applied properly so that you can maximize their benefit.

Sep

21

Parks and Trails and Fun - Oh My!

Filed Under Blog, Events, Issaquah Highlands, Parks, Trails | 1 Comment

Hats off to the volunteers that lead last Friday’s guided hike along Issaquah Highlands’ Cathy’s Trail. It was a lovely evening and lots of fun getting to know other outdoor enthusiast and community members.

When daylight permits, the group meets the 2nd Wednesday of the month at Trail Head Vista to get together and explore the wonderful trails throughout our community. Many of the same outdoor lovers can be found at the Issaquah Highlands Trail Work Parties that are held once a month on Saturday mornings.

As the summer comes to a close and cooler weather and less light bring these gatherings to a close, I am already looking forward to next spring and summer when these guided hikes resume.

Come out and join us some time.

Sep

18

Issaquah’s 38th Annual Salmon Days Festival

Filed Under Blog, Events, Issaquah, Issaquah Highlands | Leave a Comment

Did you know that Salmon Days is just around the corner?

October 6th and 7th represents its 38th anniversary of the festival founded back in 1970. There is a little something for everyone at Salmon Days from a community parade to wonderful arts and crafts to face painting to fantastic food. And don’t forget the whole reason for the event - watching the salmon at the salmon hatchery. My family went last year and we had a wonderful time - even my one year old had fun. This year at almost two I think she will enjoy herself even more. If you would like more information about the event, check out www.salmondays.org.

See you there!