Contact Rain Silverhawk of Sandpoint Keller Williams Realty.

Search MLS


Monthly Archives: March 2010

Sandpoint Idaho finalist for America’s Coolest Small Town

I just heard that budge travel is running a contest for America’s
Coolest Small town.  Sandpoint Idaho is a finalist.  We have a long way
to go to win, but with your help we may make a dent.  This is a great opportunity for the Idaho Panhandle to be a recognized destination in the west.  If you have ever been to Sandpoint, and know how much we have to offer, please come cast your vote.
 Poll closes May 9, 2010 

So why don’t banks make loans assumable???

When starting my real estate career in back in the 80’s, it was not uncommon for buyers to assume or take over existing financing. Just about every sale involved a wraparound financing and It was a perfect solution to sell a home in a rough market. There were no loan origination fees or points, and buyers were often willing to pay a little higher for a home that had an assumable loan.

 In todays market we are seeing large amount of foreclosed homes and banks negotiating short sales. There are still plenty of people who want to buy a home, but are finding that loans are harder to get because banks are being extremely conservative. Home prices and the required down payments are higher and putting home ownership out of the reach of many people. It is becoming a lose- lose situation for the banks, the sellers and the buyers.

So why don’t banks make loans assumable.  If banks were to make all distressed loans assumable they would provide an immediately available financing alternative for the real estate market. The sellers would have the opportunity to walk away from their homes without loosing them, the banks would not be swamped in foreclosures, and buyers would be able to purchase a home.

Home on 20 acres, pond creek and privacy.


386 Uppaway  Sandpoint 83864

Offered at $305,000

New on the market. Well built 1240 sq ft home on 20 acres. Den could make second bedroom. Very usable well treed property borders creek filled pond. Wildlife galore! Neighbors are seasonal and range between 960 acres to 25. Covered rv parking, wood shed, tree house and shooting range. Bring the horses.

SOLD Custom 4 bedroom 2 bath short sale $120k

229 Westwood drive, Moyie Springs, Idaho. 

Fantastic deal on a custom 4 bedroom 2 bath 2492 sq ft home on .68 acre. 2 car attached garage, above ground pool, hot tub, wood floors, grand kitchen. This is a short sale and the price has been approved by the bank and the negotiator is in place. Quick replies from the bank.  This one won’t last long


4 bedroom home 120k

Back from Tucson Arizona

Hi one and all, I got back a last week from the gem and mineral shows in Tucson Arizona.  One night before we left a friend of mine who is an electrical engineer was at my house.  I was having problems with my cabbing unit.  About a week later he called me up and said I just designed a new cabber, come over and try it out.  For those of you that have ever done lapidary work, this cabber compares with a Diamond Pacific Titan.  It is a very versatile unit and will allow you to use 4 inch wheels, 6 inch wheels, 8 inch wheels or expandable drums, and carving wheels.  So this past weeken, we  did a demonstration for 3 days at the Spokane Rock Rollers gem show in Spokane Washington.  We were demonstrating how to cut a cabochon on the new deal cabber designed by my friend.  


We have been invited to do another demonstration at the  gem and mineral show coming up in Coeur d’ alene idaho 

June 5-6–COEUR d’ALENE, IDAHO: Show; North Idaho Mineral Club; Kootenai Co. Fairgrounds and Event Center, Kathleen and Government Way; Sat. 9-5, Sun. 10-4; contact Warren Price, P.O. Box 1643, Hayden, ID 83835; e-mail:

Rain Silverhawk reviews