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first time homebuyer: Three tax advantages of owning verses renting a home! - 01/22/12 03:59 PM
I am always amazed at how many people that rent a home don’t stop to wonder why their landlord decided to buy a home only to rent it out.  Simply put, it is because it is your landlord’s investment strategy to get their tenants to pay off their debt while they get tax deductions themselves!  If that isn’t good enough, property values historically appreciate 3.8% a year so if you borrow the money from the bank (using other people’s money) the appreciation essentially even pays off your mortgage at today’s interest rates.  Keep in mind the property keeps typically appreciating, while … (9 comments)

first time homebuyer: How to get buyers off the fence in today's market - 10/20/09 12:26 PM
Many Realtors around the country are facing the same problem - how to get buyers off the fence and commit to buying a home!
I have had more luck recently conceding that prices may in fact keep dropping a little, but am able to show my clients why it can still make sense to buy now!  For example, stock brokers quit aspiring to help you buy low and sell high since they were always getting beat up for not buying at the lowest and selling at the highest!  They started telling their clients to just "buy now and sell higher later" … (29 comments)

first time homebuyer: Idaho Neighborhood Stabilzation Program Funds Are Available! - 10/01/09 12:24 PM
I was one of the first Realtors in the State of Idaho to write an offer for a buyer using the Neighborhood Stabilization Program (NSP) Program. It is a great program because instead of discounting a homes value driving the neighborhood prices even lower, it allows them to be purchased, fixed up and resold using NSP funds and then allows for carrying back up to a 20% second deed of trust at 0% interest with no payments (on an as need basis) to keep the valuations up without impacting the buyers payments!
The State of Idaho has been awarded $19.6 million … (9 comments)

first time homebuyer: Use your Tax Credit at Closing in Idaho to help buy your next home! - 03/19/09 04:51 AM
The American Recovery and Reinvestment Act of 2009 provided a federal income tax credit for first-time homebuyers of 10% of the sales price, up to a maximum of $8,000. This tax credit is available to qualified home buyers who purchase a home by December 1, 2009. In order to help buyers monetize this tax credit for down payment and closing costs when they purchase a home, I know of a great new strategy for qualified borrowers that are looking here in Idaho! We still have a few legal hoops to jump through; however essentially, a subordinate loan will be offered to … (2 comments)

 
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Jim Paulson (Owner/Broker)

Boise, ID

More about me…

Progressive Realty (Boise Idaho) www.Progressive-Realty.info

Address: Boise, ID

Office Phone: (877) 466-9648

Cell Phone: (208) 573-0471

Email Me

Jim Paulson is currently the Past President of the Ada County Association of Realtors. I try to use this experience coupled with my 20 years being a licensed Realtor to help bring you relevant information and hopefully an occasional thought provoking idea or two. I am a member of the Greater Boise Chamber of Commerce and and Accredited business with the Better Business Bureau. I can help with Idaho Foreclosures, Boise Idaho Short Sales, building a new home, or even using First time home buyer grants and niche lending prodcuts to buy or strategically sell homes. I am here for your real estate marketing needs! http://www.IdahoMLStours.com Http://www.Progressive-Realty.info Virtual Tour Inventory WidgetGet Adobe Flash Player


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