Lexington Homes has 3 homes in Sommerset View Estate that they are trying to unload and have dropped the prices considerably. In addition, they are offering special financing through Banner Bank at 3.875% with only 5% down on a fixed 30 year rate OR.... even better ZERO down and NO PMI with only a 4.875% 30 year fixed rate. The low rates save $300 to $500 off the going rates at about 5.5%. It is obviously subject to lender approval and all the normal disclaimers but Banner has been very generous with their qualification guidelines.
To sweeten the pot even more... Lexington is also taking homes in on trade. He has completed about 7 trades so far since January. The trade in home has to be at $275k or less and in the Spokane area - all subject to bank approval. Lexington will pay you 90% of the homes appraisal/market value but you do not have to pay agent commission on top of that. It turns out to be a pretty amazing opportunity if someone wants to move up and doesn't want to worry about trying to sell their home.
We have 3 homes left with this financing and trade option:
1) 6016 N Rose Eva Was: $499k NOW:$419,900 www.tourfactory.com/517211
2) 7901 E Central Was: $409k NOW: $325k www.tourfactory.com/516459
3) 8009 E Sommerset Ct. Was: $389k NOW: $309k www.tourfactory.com/514999
Call or email if you have questions on this program.
Melissa A. Dailey