by Phil Hoover, Real Estate Broker

Archive for the ‘Buyer Stuff’ Category

Boise First-Time Homebuyers – Wait or Buy?

Monday, February 8th, 2010 Posted in Buyer Stuff | No Comments »

Several upcoming changes will soon increase the cost of buying a home. On March 31st, the Fed will stop buying mortgage-backed securities. The Fed has purchased $1.25 TRILLION (yes, Martha, that's a “T”) of MBS in a successful effort to keep mortgage interest rates low and thereby ...

10 Things I Do NOT Do For Buyers

Saturday, February 6th, 2010 Posted in Buyer Stuff | No Comments »

Brag that I have the world's largest real estate team. “Close the sale”. Ignore your phone calls and e-mails. Steer you toward a home that pays me a bonus commission. Withhold negative information from you. Show you homes that don’t meet your criteria. Show you homes ...

Move-Up Homebuyer Tax Credit

Tuesday, January 19th, 2010 Posted in Buyer Stuff | No Comments »

To be eligible to claim the tax credit, buyers must have owned and lived in their previous home for five consecutive years out of the last eight years. The tax credit does not have to be repaid unless the home is ...

First Time Homebuyer Tax Credit

Monday, January 18th, 2010 Posted in Buyer Stuff | No Comments »

The $8,000 tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase. The tax credit ...

Why Loyalty Matters To Your Agent

Tuesday, October 27th, 2009 Posted in Buyer Stuff, Inside Real Estate | No Comments »

After 37 years of real estate, you’d think I would know how to avoid the pitfalls of the business, right? Recently I was giving an out-of-town buyer a courtesy tour to educate them about the Boise area, in anticipation of their ...
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