A Mortgage You Can Understand?
Saturday, May 21st, 2011 Posted in Buyer Stuff | 4 Comments »The feds are trying to simplify mortgage lending disclosures to ensure that borrowers understand what they’re getting into (debt?) when they get a mortgage loan. This is their second or third attempt at this and I haven’t been a big fan ...
I Have An All Cash Offer !!!
Thursday, May 19th, 2011 Posted in Buyer Stuff, Inside Real Estate, Seller Stuff | No Comments »How many times have I been told by a buyer’s agent that they have an “all cash offer” for one of my listings? More times than I can count, especially lately with roughly one-third of our sales being cash deals. There’s a ...
Boise Home Buyers: Choose Your Lender Carefully
Saturday, April 16th, 2011 Posted in Buyer Stuff | No Comments »I closed a transaction last week where one of my listings was sold by another very competent agent. Her buyers chose their own lender; not realizing the differences between lenders. After 32 days in escrow, with my seller and myself having relied ...
15-Year or 30-Year Mortgage?
Monday, March 28th, 2011 Posted in Buyer Stuff | 1 Comment »Buyers often ask me if they should get a 15-year or 30-year mortgage. As you might expect, there are trade-offs, including: Your interest rate will usually be lower with a 15-year mortgage. But, your payment will be higher for a 15-year mortgage because ...
Are Pre-Inspections A Good Idea?
Friday, March 18th, 2011 Posted in Buyer Stuff, Seller Stuff | No Comments »I have long contemplated the merits of sellers having their home pre-inspected before listing it. Most home inspections in the Boise real estate market are done at the buyer’s expense after negotiating the sale and opening escrow. If the sellers have their ...
