New Home Listing Inventory Shrinking
Tuesday, February 19th, 2008 Posted in About Our Area, Buyer Stuff | No Comments »Our spec home inventory is steadily shrinking in the Boise real estate market and that's a good thing! There are several reasons for this inventory reduction, including: Buyers are steadily buying standing spec home inventory. ...
Fun and Games With Short Sales
Monday, February 18th, 2008 Posted in Buyer Stuff, Inside Real Estate | No Comments »We’re seeing more "short sales" these days. A short sale occurs when a seller has negative equity at the time of sale. In other words, after commission and closing costs, there isn’t enough money remaining ...
Are Foreclosures A Good Deal?
Saturday, February 16th, 2008 Posted in About Our Area, Buyer Stuff | No Comments »There’s a common misperception that foreclosed homes are great deals. That’s often not the case and here’s why: Sellers losing their homes in foreclosure often trash them to get even with the lender. Lenders ...
Lien Protection For New Home Buyers
Thursday, January 18th, 2007 Posted in Buyer Stuff | No Comments »Some buyers learn too late about costly subcontractor liens when they buy a new home.Visualize this scenario: A slowing real estate market, fewer sales, and a builder with lots of unsold homes and deteriorating cashflow who finds it difficult to pay ...
Long Escrows Can Be Costly
Tuesday, January 16th, 2007 Posted in Buyer Stuff, Seller Stuff | No Comments »I have recently noticed a couple of homes in my subdivision that are back on the market after long escrows.One of them sold around the middle of 2006 and I kept noticing it listed as "pending" with a planned closing ...
