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mortgage: Will she geta deficency judgement - 02/08/12 10:42 PM
 
Deficency judgement continued....

Aisha
 
In October of 2011 I showed a house for a buyer.  The owner was home.  She is a lovely lady who developed breast cancer.  She was paying her mortgage until she couldn’t work because of the cancer.  Aisha is a single mother who now has a reasonable job.   She tried to get a loan modification but her bank wouldn’t talk to her.  They tried to tack on all sorts of fees and call it a loan modification. Aisha has two mortgages.  
 
When her home either short sales or is foreclosed on … (6 comments)

mortgage: Sometimes the ex needs to come to the plate and help with the sale..... - 11/26/11 08:39 PM

We just had to reject a counteroffer....  The house is a bit overpriced and my buyer needs closing costs....  I will tell a tale about two ex'es who could have made a difference.......First we will talk about today's offer....
We offered a little low...A fair price but not a great price....The agent informed me that at the price and conditions of the offer the seller would have to come to closing with $8000.  She wouldn't be willing to do that...  I don't mind for my buyer but the house is at least $5000 to high for the market. I worry … (3 comments)

mortgage: Thanksgiving is coming...My children our coming home...My pies are baking in the oven.... - 11/23/11 12:49 AM
Thanksgiving is coming and 2 of 3 sons are coming home.  The eldest is in Beijing and he and his GF are going to celebrate with peking duck... The middle one has been in Cambridge for the last four years and is now at RPI for graduate school and is coming home....The youngest is at a freshman at a liberal arts college near home....
I ran around buying food that my boys like and planning menus.....Today I actually was domestic enough to make my pie crust from scratch....They are baking while I write this...My dad and stepmom and her sister will … (7 comments)

mortgage: For some it is time to buy in Boise! - 11/01/11 02:49 PM
If you have a job (doesn't have to be a good one)....Nothing in collections.... Reasonable credit....I can get you into a house cheaper then your rent....
This is a situation that didn't exist during the run up of prices in Boise....Landlords are forced into a high rent because they have a high mortgage and have double taxes to pay off....  Every home I sold lowered the renters payments significantly and they now have pride of ownership.  The rates are great.... The homes are good.... The price is right....The prices are rising in Boise....The inventory is shrinking.... Right now is the best … (0 comments)

mortgage: I need help with a short sale with Wells Fargo and First Tenn. - 07/16/08 10:09 PM
namI have been working on a short sale with Wells Fargo and First Tenn.   The first mortgage is at $187K with Wells Fargo, the second is $68K with First Tenn....  My client is now 4 months behind in payments.  We had a good offer at $185 K.  The Wells Fargo appraisal came back at $198K and the BPO from First Tenn. came back a month later at $190K. 
Wells Fargo took 2 months to deal with the short sale and first rejected it because they felt that they were entitled to 100% of value in a declining market.  The negotiator never … (2 comments)

mortgage: Its time to buy in Boise Idaho!!!!!!!!! - 03/10/08 10:18 PM
The Boise real estate market is doing better then most of the country.  Sure houses have been sitting on the market longer than used to but we haven't had a dramatic price drop.  Still we have deals here if you qualify for a mortgage.  Here is a secret 90% of the people still qualify.  It's only the ones with real credit issues that can't qualify.  We have more foreclosures but its not like other places. 
    Right now the prices are soft and there are bargains to be had.  I think they will rise when this mortgage mess is cleaned up.  I … (0 comments)

mortgage: I finnished my taxes and I am so proud of me.... - 03/03/08 08:24 AM
With great trepidation I started turbotax

for home and business.  A lot of me thinks I should hire an accountant because my taxes are getting very complicated.  I have my real estate business, 2 rentals, a flipper, a husband (with a normal salary), a stock  sale, dividends, , 3 kids, two of which are in college.  I wish I hadn't had to sell the stock but I needed the money to buy the flipper.   
  me juggling the bills.....
I kept putting it off...  I needed any tax return to pay the mortgage on the flipper in April,  ny Dad needed … (13 comments)

mortgage: My two current bank negotiations and I'm taking the rest of the day off!!!!!!! - 02/09/08 09:32 AM
Any advice I am currently negotiating with banks on behalf of two different clients.  Both clients have good to excellent credit and up to date on their payments.
Client number 1    not my actual client.
    Nice old man who is 81 years old with COPD.   Needs an inhaler every time he needs to use the stairs or packs a box.  He just remarried his ex-wife last December.  He is an inventor who has lost $180K last year.
Problem:
    He has two loans out on his walkup condo.  The first is easy, it is for 76K.  The second is for $108 K.    … (6 comments)

mortgage: Should I buy a house in this market? Treasure Valley in Idaho - 02/03/08 09:57 AM
Debbie and my youngest son after a chess tournament
Every where I go people ask me:
How is the housing market?Can I sell my home?Are we at the bottom of the market?When should I buy and/or sell my house?I'm upside down in my house. What do I do?     Debbie before  she became a real estate agent..... When I was a chemist no one asked me anything about my work but everyone seems interested in real estate.....  I am not a fortune teller and I have no crystal ball:   Here is my opinion.  Don't sure me if I am wrong........ In the Treasure Valley of Idaho … (4 comments)

 
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Debbie Holmes

Boise, ID

More about me…

Gold Key Real Estate

Address: 915 N. Cole Rd., Boise, ID, 83704

Office Phone: (208) 376-9000

Cell Phone: (208) 761-2551

Email Me

This is a blog about all things real estate (and a few extras). I blog about my buyers, sellers, listings, short sales, the real estate market. I am internet savvy and am trying to learn more skills. I like blogging because I get to share information with other real estate professionals. I can find you a great home in the Treasure Valley. I was the Democratic Nominee for CD2, Idaho for the US Congress. I have two website: http://www.debbieholmes.net and http://www.greatboisehomes.


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