boise real estate: FHA Fees Going Up April 1st
- 03/05/12 09:09 AM
FHA Fees Going Up April 1st FHA has raised the annual Mortgage Insurance Premium to 1.25% beginning April 1st. MIP is required on all FHA loans and used to fund losses by lenders for borrowers who default on their mortgages. As of June 1st, FHA loans in excess of the standard maximum of $625,500, in high-cost areas, will have a premium of 1.5% of the loan amount. In addition to the increase in the annual MIP, FHA also announced it plans to raise the fee on the up-front MIP from 1.00% to 1.75%. No date was reported for its implementation. … (0 comments)
boise real estate: Bristol Heights Subdivision in West Boise
- 02/16/12 01:21 PM
When you are looking for Bristol Heights Subdivision in West Boise, you need go no further than the southwest corner of Chinden Blvd. and Eagle Rd. It was established in the late 1990's. There are 557 homes within the neighborhood. Although located in West Boise, the multiple listing service (MLS) shows this subdivision in NE Meridian. There are single story homes, two-story homes, single story homes with a basement, two-story homes with a basement and with a variety of builders. Some of the builders are continuing to build in other subdivisions and others are out of business. The Bristol Heights … (0 comments)
boise real estate: Who do you turn to when you want a referral to a contractor?
- 01/30/12 05:17 AM
Similar to Diogenes’ search for an honest man, homeowners want someone to do quality repairs at a fair price. The task appears reasonably easy but if you’ve ever tried to locate someone to fix something, you know just how difficult it is. Finding a list of companies from a phone book doesn’t mean they’ll be reasonable and reliable, it just means they have a phone and are willing to pay for an ad. Searching on the Internet may direct you to a website that appears to be a local company but really is a marketing company who will sell the lead … (1 comments)
boise real estate: Do you itemize or use standard deduction?
- 01/16/12 10:17 AM
One third of all U.S. households, 75% of households with more than $75,000 income and most homeowners itemize their deduction on their federal income tax returns. It makes sense because the interest paid on their mortgage and their property taxes probably exceeds the allowable standard deduction. However, with interest rates as low as they have been in the last two years and the price of homes having come down considerably, it is possible that the standard deduction may be the better choice. Each year, the taxpayer can compare the total of the itemized deductions to the standard deduction to select which … (1 comments)
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