Don’t Go House-hunting Without Me! When an agent contracts with a seller, they negotiate commission fees to cover the costs of paying the buyer’s agent. Buyers often do not realize that most agents are paid at closing, and that they won’t be out any upfront money to hire their own Read more…
What Does Fee Simple Mean? There are many types of property ownership. You can own a home part-time, own just the airspace or own the house and the land underneath it. You can own raw land, but not the mineral rights, and you can own mineral rights, but not the Read more…
Have the Advantage – Get Pre-approved: One of the first things you should do when you decide to buy a home is get pre-approved by a lender. Preapproval Letter A preapproval simply means that you’re financially prepared. You’ve already shared your financial information with a lender by providing your work Read more…
All About HOAs: More and more often, homebuyers are choosing homes in association-governed communities in order to have access to a greater number of amenities than they care to upkeep on their own. Home Owners Associations A homeowners association (HOA) is a legal entity of homeowners that manages the financial Read more…
Home Features That Matter Most: When choosing to buy a home, you’re buying more than just a house. You’re buying: Location – access to the neighborhood’s amenities. Condition – the building quality, style, repair of your home. Affordability – owning a home that functions for the size and needs of Read more…
How Much Home Should You Buy? Conventional wisdom says you should buy as much home as you can possibly afford and own it long enough to build equity over time. But that only works if you choose the right home. Choose Wisely To choose wisely, you have to see as Read more…
Buying An Income Property: Investing in real estate is different from other kinds of investments. Your holdings don’t gain value immediately due to borrowing costs and slow gains in equity. That’s why property investment is a long-term proposition. The potential for a reasonable return over time is very real, but Read more…
First Time Home Buyer Savings Accounts in Idaho: During the 2020 legislative session a new tax-deductible savings tool, H589, was created to provide first time home buyers the ability to establish savings accounts for down payments and closing costs associated with their first home purchase. H589 allows individuals to save Read more…
Know the Numbers: When you buy a home, it’s all about the numbers and the choices they afford you. Your credit scores, income to mortgage debt, income-to-debt, and down payment can all affect your mortgage interest rate, or how much it will cost you to borrow money to buy a Read more…
Look Beyond Staging: Professionally staged homes are designed to impact your emotions and your senses. If done well, they tell a story of how you will work, play and entertain in this home – You’ll begin to imagine how well you could live if you owned this home. Staging can Read more…