Spokane WA Real Estate: Military PCS & VA Buyers ....

To all active duty military and veterans, thank you for your service. As a Military Relocation Professional (MRP) I am ready to serve you. As a retired military wife, been there, done that. In the latter part of 2022 the market in Spokane started changing - more inventory and sellers are more flexible with terms however VA Buyers may still need to pay some of their closing costs and your escrow fee. There are also funds available through the WA State Housing Finance Commission for qualifying Buyers. You may be eligible for up to $15,000. Ask me how to build a succesful strategy for your purchase

Spokane grid map See the map used by real estate brokers in the Spokane area, you can zoom in to street level.

Putting it all together ..........

Discover how enjoyable and successful a real estate relationship can be. Put this VA expert, a Military Relocation Professional (MRP®), a Certified Residential Specialist® (CRS®), to work for you. (Only the top 3% of REALTORS get this designation.) Why use a CRS? These days the real estate market is faster, more complex and more competitive in every way. In this supercharged marketplace, you need more than a REALTOR®. You need a professional with know-how to create opportunities, identify potential pitfalls up front, and make your experience an unqualified success.

Retiring Military using a VA loan will typically need a retirement check or another work check in their bank account prior to a VA loan funding.

Assumptions - this is the flavor of the month right now foradvertising a home however along with a great interest rate the Buyer may well have to make up the difference in cash as very few lenders will do a 2nd loan to make up the difference, Work with a broker who has helped an assumption actually close

VA Home Loan Borrower Assistance When a VA home loan becomes delinquent the VA provides supplementary servicing assistance to help cure the default. There are loan technicians in eight regional loan centers who can take an active role to explore all options to avoid foreclosure call 1-877-827-3702.

VA Short Sales Under Fannie Mae & Freddie Mac Short Sale Policy military members who received PCS orders orders are eligible to sell their homes in a short sale even if they are current on their mortgage. Also no deficiency judgement nor any cash contribution nor a promissory note will be required from PCSing service members who purchased before June 30 2012.

Military Family Home Protection Act (H.R. 1842) May 2013 extends foreclosure protections to enlisted persons who bought homes after going on active duty.
The bill picks up where the Servicemembers Civil Relief Act (SCRA) leaves off. Under existing law, military personnel enjoy foreclosure protections under the Service Members Civil Relief Act (SCRA) if they acquire their homes prior to activation. H.R. 1842 expands those safeguards to all members of the Armed Forces even if they purchased residences after activation. In addition, the legislation stays a foreclosure action whenever a member of the military is receiving hostile fire or imminent danger pay. It also freezes foreclosure actions for as long as one year for service members who are medically discharged or those placed on convalescent status — a provision that also applies to surviving spouses of military personnel who lose their lives in the line of duty.

The Spokane community is very supportive of the military and there are many businesses that offer a military discount so remember to ask. I have used this at the following, Lowes, Home Depot & The General Store on N Division, Papa Murphy's on Northwest Blvd, - you have to ask - DSW shoes also give a 10% discount.

The Patriot Guard Riders (PGR) are also in this area providing flag lines at military funerals. My husband and I are proud to be members of PGR..

If you are considering a VA loan then I can tell you the documents you may need to hand carry with you or you can start the loan application process online. It is best to start this process before you leave your previous location. As a pre-approved buyer (your file has been through underwriting) you will be able to negotiate the very best deal. Selecting a loan officer who is very experienced with VA loans will add to the smoothness of your transaction and help keep your stress levels down! If you are considering a substantial downpayment VA will typically have a lower interest rate than conventional or jumbo loans. When comparing loans, make sure you are comparing apples to apples. A great interest rate may have additional charges and fees or more conservative underwriting.

I can help you and give you information on any home listed with any real estate company. Why can't buyers search all the MLS (Mulltiple Listing Service) listings? - not all listing brokers and or sellers give permission for their listings to be dispersed to every website. You can have your own personal, private access where you can sort the listings (undecided, favorites, rejected) and track how quickly they sell. You will get updates on status and price change as they happen in real time. Plus I can see your sorting so I get to know what you want more quickly. I can screen out properties with accepted offers.

To sign up for email notification of new listings as they come on the market email Jeannette Karis

See the report cards on WA State schools. (this will take a few moments to load). Spokane is school district 81, other school districts that adjoin are (to the north) Mead 354, Nine Mile Falls 325/179, (to the east) West Valley 363, Central Valley 356, East Valley 361, (to the south) Cheney 360 and Freeman 358, and (to the west) Medical Lake 326.

Another website for school comparisons is greatschools.com

Want to know more about the area? It is helpful to know what type of property you would like to buy. We can keep in contact by your preferred method. You can look at all the public Spokane area listings that meet your criteria. Do your own searches or have them sent to you. On your arrival I can set up a tour of the area and homes you have selected at times to suit your busy schedule.

The rental market in Spokane is very tight with a high occupancy rate 98-99%, this results in few choices and the rental rates are generally higher than a mortgage payment would be on the same property.

MY REAL ESTATE SERVICE AREAS - Spokane county and adjoining areas including: Airway Heights, Chatteroy, Cheney, Colbert, Elk, Five Mile, Greenacres, Liberty Lake, Mead, Medical Lake, Millwood, Newman Lake, Nine Mile Falls, North Spokane, Otis Orchards, Shadle, South Hill, Spokane, Spokane Valley, Stevens county, Suncrest, Veradale, Mead, East Valley, Central Valley, West Valley, West Plains

If you are interested in having this kind of service from YOUR real estate professional, click here PCS Form