Real Estate

Fate of Silver Mountain Resort still unknown

Submitted by Camille Troxel on Thursday, May 9th, 5:40 pm

A public auction for Silver Mountain Resort ended on March 19th but the fate of the one of the largest employers in the Silver Valley is still a mystery.

Jeld-Wen, a company known for window manufacturing, owns the ski resort and put it up for auction earlier this year. The auction allowed bidders to bid on the resort in it's entirety or on individual pieces such as the gondola and water park.

Before the auction ended, Murph Yule, the Ameribid representative handling the sale, said it could take months before any final sale is made, if one is made at all. Calls to Jeld-Wen, Mr. Yule and Silver Mountain have not been returned.

However, the Shoshone County Assessor's Office said that nothing regarding a sale or transfer of title has gone through their office.

KXLY will continue to follow this story and update it as information becomes available.

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The NIC Really Big Raffle

Submitted by Kristy Mylroie, Spokane Public Schools Blogger

Tuesday, June 28th, 2011, 12:01am

Want to win a house? Buy a raffle ticket. It's that easy.

North Idaho College has less than 700 tickets in this year's Really BIG Raffle. It's sold 5,000 tickets for $100 each so far for the drawing which is set to take place July 13 at Fort Sherman Park on the NIC's main campus.

NIC Carpentry students built the grand prize house in Coeur d'Alene. It has 4 bedrooms, 2 bathrooms and special features. Other prizes included a $20,000 car, a $10,000 boat, a $3,500 travel package and a $2,000 shopping spree.

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Help Available For Idaho Homeowners Facing Foreclosure

Submitted by Kate Hudson, Producer

Tuesday, May 31st, 2011, 12:44pm

Help Available For Idaho Homeowners Facing Foreclosure

The Idaho Housing and Finance Association is offering emergency loans to help people keep their homes and get back on their feet.

$13 million in federal money has been made available to the program. There are stipulations for loan applicants: Obviously, you have to be facing foreclosure, but you also have to be unemployed or have a medical condition that has resulted in the loss of at least 15 percent of your income.

The program helps homeowners make mortgage payments for up to 24 months with up to $50,000 in zero interest, forgivable loans.

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