Pasco WA News

September 3rd, 2010

Friday, September 3rd, 2010 kicks off the 2010 Pasco High School Football Season! I thought what better way to highlight this than with the schedule of games that will take place this season.

*Home games are bold.

Friday, September 3 – Pasco Bulldogs at Richland Bombers - 7:30 pm

Friday, September 10 – Chiawana Riverhawks at Pasco Bulldogs – 7:30 pm

Friday, September 17 – Pasco Bulldogs at Kamiakin Braves- 7:30 pm

Friday, September 24 – Hanford Falcons at Pasco Bulldogs – 7:30 pm

Friday, October 1 - Pasco Bulldogs at Eastmont Wildcats – 7:30 pm

Friday, October 8 - Sunnyside Grizzlies at Pasco Bulldogs – 7:30 pm

Friday, October 15 – Southridge Suns at Pasco Bulldogs – 7:30 pm

Friday, October 22 – Pasco Bulldogs at West Valley Rams – 7:30 pm

Friday, October 29 – Kennewick Lions at Pasco Bulldogs – 7:30 pm

December 8th, 2009

The Pasco City council passed an increase in the excise tax by .25% bringing it in line with what Richland and Kennewick charges.  The vote was close 4-3. Supporters indicated that with revenue being down it was necessary to provide services that citizens expect. According to The Tri-City Herald the increase should add about 400K to the capital improvement fund for the city. 

What this means to the average homeowner is more taxes to be paid at closing. On a $200,000.00 home sale you will pay an additional $500.00 dollars at closing. For sellers in a tight postion, things will get a little tighter. I’m sure the escrow companies will like having all the rates the same to make settlement statements more uniform- they might be the only ones! Excise tax increases have been attempted in the past and as Realtors we have worked to defeat them.  I hope we don’t see any more increases on a state level in the near future as it could jeopardize homeownership goals with increased costs to the consumer.

September 30th, 2009

The Housing and Economic Recovery Act of 2008 established the Neighborhood Stabilization Program (NSP) for the purpose of quickly stabilizing neighborhoods negatively affected by foreclosures and abandoned properties.

The City of Pasco has developed the NSP Down Payment Assistance Program for the purpose of expanding opportunities for affordable home ownership opportunities by offering financial assistance to low to middle-income homebuyers who purchase a foreclosed home.

Funding for this limited program is available for approximately 37 borrowers this year. As of last week, not a single person has taken advantage of this program.

Here is a simplified version of how the program works:

How the Loan Works?:

• The City will provide financing, up to $10,000.00, in the form of a Down Payment Assistance Loan.
• 30 year deferred payment 2nd mortgage at 0% interest.
• Upon completion of the deferral period or upon satisfaction of the 1st mortgage, whichever occurs first, the down payment assistance loan balance is amortized and paid annually over a ten (10) year period.

How the Program Works?:

• Applicant(s) must complete 1st time homebuyer education class.
• Applicant(s) will be required to contribute $1,000 toward down payment.

How to Qualify for NSP Assistance?:

• The house you wish to purchase must be a FORECLOSED home – no longer owned by the owner-occupant, but by the Trustee (Bank, HUD, Realtor, County, etc.)
• You must meet established household income minimums (see the application package for details).

What Do I Need To Do?:

• For more information call Lance Kenmore with the Kenmore Team today at (509) 727-8977 to help you get registered for this program and start looking for you new home.