Rates that are great

It is just amazing that we are into the New Year and find that interest rates are still on the decline. Just two months ago in November of 2010 the rates were at the lowest ever, this is still the fact today.

What does this mean and how does it correlate to home buyers? First time home buyers are still in a quandary, they must have almost perfect credit with corresponding credit scores and there can’t be any job changes in the last two years. If any buyers are thinking about purchasing a home this year, they need to start early getting their ducks in a row.

Having an all time low interest rate doesn’t do anyone a favor unless the banks determine that they want to start lending again. What are some options for the home buyers of today?

• Make sure your credit is in order; don’t make any new purchases unless it is necessary.

• Don’t make any job changes, unless it is within the same company and is a better position.

• Contact your local credit unions or mortgage brokers; they may be able to do a better job than the red tape mega banks.

• Listen to your real estate professionals they will guide you through the process.

Bottom line is to take advantage of the historically low rates and a great buyers market.

Going Mobile

Boise Mobile Home Search

Ok we are doing it, making your home searches easier if you use smart phones! Tag Scan is the way to get the instant information that you need on any of our properties. If you use a smart phone or blackberry simply scan the box and the search page will come up on your phone with all the capabilities of your computer.

If you need to download the scanner then simply click on this URL: http://www.gettag.mobi/ this will download to your specific phone. Then scan the box and you are set.


Look for many more uses for BoiseHouseAndHome.com; you will be able to get property information from any mls listings that use the tag scanner. Imagine driving by a property and being able to obtain the information on the home right away on your phone.

From your phone you will be able to search for any listings that meet your needs.

Lead where they will follow!

It is not the job of Realtors and Agents to do the job of the loan officer, but, it is the job of Realtors to guide your clients to what is best for their home purchase. Is it best for your future home buyers to get their loans though one of the nation leading banks? What are the options to the red tape and deal killer feet dragging?

According to RealtyTrac Inc. one in 45 homes was foreclosed last year, this is one of the highest percentages of home foreclosure in recent years. What this means for this year is that if you are in one of the States that were very active during the boom years is 2011 will produce one home in five will be repossessed.

What this means is that much of the energy that banks use to lend money for home loans is being tied up with the bank foreclosure red tape. A home buyer this year will not only be facing the lowest home prices and interest rates, but the toughest lending requirements in years.

We come back to the economy as a whole; jobs need to be created in order for home buyers to feel comfortable with home purchase in a buyer oriented world. What about all of the folks that had to move to a new job in order to continue with income to provide for their families? Most lending rules for most mortgage banks will not consider these people for a loan unless they have been at the new job for two years or more.

If buyers, no matter first time or move up, cant participate in the current market, then what do the banks place their energy into? The answer is probably to continue with the foreclosure portion of their business. Most of the banks do not look into the lending habits or credit scores of the potential buyers unless it is for a tie breaker as to weather they get the loan or not. They don’t take individual history as a good thing.


Our goal as Real Estate professionals is to provide the best service that we can for our clients, which means that you shop around for mortgage loans. Investigate the mortgage brokers as well as the banks and credit unions. Give your clients the best job and do the work.

Paying it Foreward

Waking up on a fine winter’s day in Idaho is the best reason for living. Now its time to go out and make a buck. As the last year ended, it also brought about the entire end of year fees and bills to maintain my standing in the Real Estate community.

No one said that being a Realtor is cheap. Buyers and sellers are the end product of a career that is governed by Associations and commissions. What it takes to drive a client and show property is as complicated as working on your computer; for instance, the following groups have a hand in your pocketbook just to allow showing of property.

• The National Association of Realtors or NAR

• The Idaho Association of Realtors or IAR

• The Ada County Association of Realtor or ACAR

• The Intermountain MLS

• And finally the Idaho Real Estate Commission

Then along the way there are the fees associated with your electronic key and mandatory E and O (errors and omissions) insurance.

Yes, this is what it takes to be among the few now that can show homes and sell property in our great State. It all takes the money to keep it running. This is what the end of year means to those of us that have survived the market for the last couple of years.

P.S. Support your local Realtors!

MLS #: 98438468 - 8018 S Diego Way Boise ID 83709

For Sale - Lovely 4 bedroom, 3 bath home on quiet culdesac in Carmichael Sub. Valuated ceiling in living area and master. Beautiful hardwood floors. Granite corner fireplace with painted mantle, plant shelves, interesting angles, deigner paint colors, upgraded white painted woodwork, ceiling fans, tile entry. elegant master with garden tub, dual vanities, separate shower & huge closet. Split bedrooms on main floor and full bath in upstairs bonus room. Covered front porch and back patio. Sand fire pit area in backyard!

Click the full link for details on property along with virtual picture tours, maps and neighborhood information!

Preserve Our Trails

It is now available from your local DMV, the newest Idaho specialty license plate. The plate depicts biking and trail riding and trail preservation.

You can get either a personalized plate or regular registration plate. The push was on for the new mountain bike plate by the Idaho Mountain Bike Perseveration Association.

To view the details of pricing and how to order, just click on the link associated with this posting.

Investment Comeback in 2011

The back bone of the American dream has always been Real Estate and land. A large portion of the dream is the Investment and Income homes and multi-family dwellings.

In the New Year great deals will abound, making the right buying decisions could make money for the investor buyer. With the abundant influx of all the short sale and even what are called normal home sellers, great deals could come from some of the least expected real estate listings.

Many of the homes that have not sold over the past two years now have been rented for the owners to try and recoup some of or a portion of their mortgage amount. These rented homes are available at current lowered prices and come with built in equity. The other side of the coin is the multi-family units were investors are moving or changing the loans or investments for deals that make more sense for their portfolios.

I am providing a list of current investment properties to view with the link here. Contact me and take advantage of the Real Estate climate and my years of experience with income deals.