idaho realtor: Burning of the what!?
- 01/13/11 03:18 PM
I remember, as a kid, hearing about “Mortgage Burning Parties.” Friends of my parents or members of the church would get their house paid off and celebrate by having a party and burning the paid-off note!
You don’t hear of this too much these days and I wonder how many homeowners will actually have their house paid for in their life-time.
It used to be said that real estate would double in value every 10 years. Well, in the past 4 years, it has been cut in half, in our area!
What will the new cycle be?
… (10 comments)
idaho realtor: A Look at the Idaho Real Estate Market- November 2010
- 11/02/10 04:43 PM
Home Sales in Canyon and Ada County, Idaho Canyon County Statistics as of November 1, 2010: 1871 active single-family homes in Canyon County ID were available as of September 1st. 48% of these homes are "distressed properties" 285 are REO by banks (foreclosures) and 619 are short sales (33%). Canyon County ID SOLD Data: As of 10-31-2010, 2665 Canyon County Homes have SOLD. 67% of these Canyon County homes were "distressed properties" 1338 Bank owned REO's and 458 Short sales (17%). There is approx. 7 months of inventory available for Canyon County Home Buyers to choose … (2 comments)
idaho realtor: Boise State Football Invites Idaho Real Estate Buyers
- 10/02/10 04:27 PM
The BSU Broncos pulled it off again tonight, against the New Mexico State Aggies... 59-0! It was nice to see Boise be able to utilize some other players and give those 2nd & 3rd string guys some game time!
Boise State Football Invites Idaho Real Estate Buyers Boise State Football has been a great attraction to Idaho and thus helping the Idaho Real Estate market! Just last week, when ESPN visited the Blue Turf of Boise State University, people were drawn to the amazing weather, the great mountain views and protection as well as the gorgeous rivers and outdoor activities … (2 comments)
idaho realtor: 3 Outcomes of Achieving Goals
- 09/14/10 04:58 PM
In February of 2002, I heard David Knox speak about goal setting. If you've ever heard David Knox speak, you are certainly aware of his clever delivery and voice impressions! He's great! When speaking about the importance of goal setting he mentioned 3 Outcomes of Achieving Goals 1. The most obvious outcome that comes to mind, is the REWARD of accomplishing goals. Often times the accomplishment of reaching the goal is the REWARD in and of itself. On occasion, there is an additional prize for completing the goal. These rewards can be presented from an outside source, such as a manager, … (5 comments)
idaho realtor: 5 Tips for Avoiding Foreclosure
- 08/26/10 03:49 PM
Many people who are having financial difficulties don't know their options when it comes to the possibility of losing their home. Don't bury your head in the sand. Take action and be proactive in the process! Here are 5 Tips for Avoiding Foreclosure Do NOT ignore the problem. Contact your mortgage service provider as soon as you may be late on a payment. Contact someone who can counsel you, such as an attorney, real estate agent, financial adviser or even a HUD-approved housing counselor. 800-569-4287 or visit www.hud.gov Open and respond to mail and phone calls from your lender. Avoid scams … (3 comments)
idaho realtor: Spring Snow on Idaho Real Estate
- 02/20/10 10:55 AM
Spring Snow on Idaho Real Estate As I walked out my front door this morning, it was a bit chilly, however the sun was beginning to shine a bit. I noticed my long row of tulips all surfacing for the Spring weather... I planted 250 bulbs about 4 years ago & they haven't let me down yet! As I'm driving just 1.8 miles to my office, the snow begins to come down. Like they say, if you don't like the weather in Idaho, just wait about 5 minutes! Before too long, snow was blowing like crazy & coming down nearly like … (3 comments)
idaho realtor: Refuse to Lose....Attitude
- 02/05/10 02:02 PM
Refuse to Lose....Attitude Like most great athletes, Realtors can be very competitive people. They don't like to lose. Their "No Lose Attitude" can sometimes make the difference between success and failure during tough markets and difficult times. Ray Crock, at 51, tried for 2 years and talked to more than one hundred people trying to raise money to start McDonald's. Walt Disney failed miserably in his first four attempts to live his dream. Henry Ford went bankrupt seven times while trying to build the Ford Motor Company. One of my favorite quotes: "Press on: nothing in the world can take … (22 comments)
idaho realtor: Inch by Inch
- 01/29/10 12:19 PM
Inch by Inch There are a lot of cliche's out there, but the Inch by Inch philosophy makes a lot of sense! Have you ever heard, "Inch by inch, life's a cinch, yard by yard, life is hard." As I look out over my desk with the stacks of tasks to take care of, the calls I need to make, the comparative analysis I need to conduct, I can easily get overwhelmed. As Realtors, we often get a little antsy and try to drive things a little too fast at times. I've heard the saying, "How do you eat an elephant?"... … (9 comments)
idaho realtor: Which form do I use to file for my home buyer tax credit?
- 01/16/10 12:39 PM
If you're thinking about applying for the new $6,500 home buyer federal tax credit or the extended $8,000 version, the Internal Revenue Service has just issued its first formal guidelines for you. Tops on the agency's list of advice: Cool it for a couple of weeks. Even if you qualify for one of the credits, don't send in any requests to the IRS quite yet. Wait until later this month when the agency publishes its revised Form 5405 with the key instructions needed to get you a check from the government.
Download IRS Form 5405 in pdf The forthcoming … (10 comments)
idaho realtor: .................FHA Fundamental Objectives
- 01/15/10 11:29 AM
In October 2009, FHA announced that its capital reserve fund had fallen below the congressionally mandated level of 2 percent. The drop in capital reserves has led Congress and the Administration to call for changes to strengthen FHA. The week of January 18, 2010, FHA will announce major changes to ensure its long‐term financial soundness. FHA is trying to balance three fundamental objectives: 1) financial soundness -ensuring that its capital ratio returns above 2 percent, 2) fulfilling its mission of serving borrowers not adequately served by the private sector and 3) facilitating the recovery of the housing industry and the over‐all … (0 comments)
idaho realtor: .......Great Christmas Quotes.......
- 12/21/09 01:06 PM
Christmas waves a magic wand over this world, and behold, everything is softer and more beautiful. ~Norman Vincent Peale Christmas is a time when you get homesick - even when you're home. ~Carol NelsonHe who has not Christmas in his heart will never find it under a tree. ~Roy L. SmithChristmas, children, is not a date. It is a state of mind. ~Mary Ellen Chase I have always thought of Christmas time, when it has come round, as a good time; a kind, forgiving, charitable time; the only time I know of, in the long calendar of the year, … (7 comments)
idaho realtor: Idaho Real Estate
- 12/09/09 12:57 PM
The national affordability index shows that now is the best time to buy real estate when you take into account home prices, median income, interest rates and similar data, since 1971! Buying Idaho real estate is no exception! There are great buys on land, houses, short sales, foreclosures, almost anything you are interested in, whether it be a first time home, a move up home or investment property. Check out some of these great buys on Idaho Real Estate! You can find Homes in Boise, Homes in Nampa, Meridian Homes and property throughout the Treasure Valley, just with a few clicks … (2 comments)
idaho realtor: Simpler Short Sale Guidelines for Idaho Real Estate
- 12/02/09 12:37 AM
New Short Sale Guidelines Idaho has a large number of Short Sales as well as foreclosures on the market which, for the most part, is driving the current home values. Many buyers as well as sellers have been disenchanted with the whole short sale process and timeline in which the process takes place.
These new guidelines that are forthcoming will assist your Idaho Realtor in processing a short sale transaction on behalf of both parties (buyer and seller). When investors zero in on short sales, they have more time to wait out the process until the third-party lender approves the file. … (2 comments)
idaho realtor: .............Quotes to Ponder................
- 03/15/08 08:41 AM
I love quotes from famous people....when they make sense. I hope you enjoy these; from your Idaho Realtor: "In matters of style, swim with the current. In matters of principle, stand like a rock." ~Thomas Jefferson "The true measure of a man is how he treats someone who can do him absolutely no good." ~Ann Landers "Things turn out best for the people who make the best of the way things turn out." ~Art Linkletter "Success is just a matter of luck; just ask any failure." ~Zig Ziglar "Nothing great will ever be achieved without great men, and men are great only if they are determined … (20 comments)
I remember, as a kid, hearing about “Mortgage Burning Parties.” Friends of my parents or members of the church would get their house paid off and celebrate by having a party and burning the paid-off note!
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