New Eagle Idaho Home Under $500,000

eagle idaho

Here’s an interesting case study for a recent buyer client who wanted to buy a New Eagle Idaho home under $500,000.

New Eagle Idaho Home Criteria:

  • Under $500,000
  • New construction.
  • Custom home quality.
  • 2,800 sq. ft. minimum.
  • Four bedrooms; 2½ baths minimum.

New Eagle Idaho Home Search Results

  • Only 8 homes in MLS matched their criteria.
  • 5 of those 8 homes were production-quality tract homes.

Search All Eagle Idaho Homes For Sale !

My clients rejected the remaining three homes for a variety of reasons, including busy streets, floor plans, and quality.

We then switched gears and researched homes matching their criteria in Meridian.

My clients ended up buying a beautiful Todd Campbell home backing to an 8-acre park in Meridian’s beautiful Bainbridge subdivision for $465,900.

Search All Meridian Idaho Homes For Sale !

Just for fun, I searched our Eagle Idaho MLS for Eagle Idaho new home listings matching my client’s original criteria yesterday.

The results?

  • No completed available homes.
  • Three homes under construction
  • Two of the homes under construction were production-quality tract homes.
  • One custom home was under construction and back on the market after a failed transaction.

________________________________________

Are you looking for a new Eagle Idaho home?

I’m a long-time resident of Eagle Idaho and know the developments, the builders, and the Eagle Idaho market!

I can easily find homes matching your criteria easily with my powerful broker-level MLS search!

Call me now at (208)938-5533, or e-mail me!

Please follow and like us:

Case Study: Eagle Idaho Homes On Acreage

One of my buyer clients recently asked me to search MLS for Eagle Idaho homes on acreage, with the following criteria:

  • Less than 10 years old.
  • One acre minimum lot size.
  • 3,000 sq. ft. minimum.
  • Four bedrooms minimum.
  • 3-car garage minimum.
  • $600,000 maximum asking price.

The results?

No available listings!

However, removing the $600,000 maximum asking price criteria produced 9 listings starting at $739,900.

The highest-priced home was listed at $1,995,000.

Looking for Eagle Idaho homes on acreage?

I know where they are!

Give me a call at (208)938-5533 or e-mail me and let’s talk!

 _______________________________________________________

Phil Hoover is a licensed independent Idaho real estate broker, assisting both buyers and sellers in Boise Idaho, Meridian Idaho, and Eagle Idaho.

During his 45 years of full-time real estate experience, Phil has helped thousands of past clients buy and sell quality properties in the Western U.S.

Phil is one of only ten local Realtors® (of nearly 5,600) honored with the coveted “Realtor® Emeritus” award from the National Association of Realtors®, recognizing 40 years in real estate.

 

Please follow and like us:

Case Study: Why Sellers Should Pre-Inspect Before Listing

I’ve recently been involved in a transaction that illustrates why sellers should pre-inspect their homes before listing them.

I represented the buyer in the transaction.

The property was one of only a few suitable listings I found prior to my buyers’ visit.

My buyers’ offer was accepted, I opened escrow, and ordered the home inspection.

The home inspection revealed so much water in the crawlspace that the inspector said “it felt like I was on a waterbed when I crawled over the vapor barrier”.

The inspection also revealed a filthy furnace, marginal remaining roof life, faulty gas fireplace, and other issues.

My buyer opted to terminate the contract after reviewing two inspection reports; one of which included a bid for $4,600 to fix the crawlspace moisture problem.

The bottom line?

My buyers drove 2,400 miles round-trip and returned home without having bought a home.

Their trip was a total waste of time and they will need to return again when I find more homes to show them.

The sellers, who had already closed on another home, now get to unexpectedly spend thousands of dollars to fix problems while they continue to make double payments.

All of this could easily have been avoided with a pre-inspection and upfront repairs.

If you’re a seller, have your home pre-inspected before you list it!

 _______________________________________________________

Phil Hoover is a licensed independent Idaho real estate broker, assisting both buyers and sellers in Boise Idaho, Meridian Idaho, and Eagle Idaho.

During his 45 years of full-time real estate experience, Phil has helped thousands of past clients buy and sell quality properties in the Western U.S.

Phil is one of only ten local Realtors® (of nearly 5,500) honored with the coveted “Realtor® Emeritus” award from the National Association of Realtors®, recognizing 40 years in real estate.

 

Please follow and like us:

Boise Homes: Home Security

I have an upcoming listing that reminds me of the importance of securing a home by changing the garage keypad code.

There are a lot of Boise homes that have had the same garage keypad code since they were brand-new!

This particular home is owned by out-of-state sellers and has been rented twice since they moved out of area.

The last tenant moved out last week and the property manager doesn’t know the garage keypad code.

That means the last tenant, and perhaps the previous tenant, could still access the house.

There’s also the possibility that various friends/neighbors of the tenants could have the garage code too.

I wouldn’t be surprised if the code is still the same one my seller used years ago!

That probably wouldn’t be a problem in this situation, but imagine a scenario where a tenant leaves on bad terms with the owner (unpaid rent, cost of repairs taken out of the tenant’s deposit, etc.)

So, I will be going to the house today to re-program the garage code keypad.

Re-programming a garage keypad code is relatively simple with most garage door openers.

Most of them have a “learn” button on the back of the garage door opener.

You simply press that button until the light on the unit blinks, then you have 30 seconds to type in a new code on the keypad and press “enter”.

Be sure to test the new code after you’ve changed it to make sure it works.

Tip of the Day:

When you type in the new code, try to be more original than using “0000” or “1234”.

Those codes exist for most of the garage keypads in the Boise real estate market. 

 

Please follow and like us:

Boise Homes: Delivering Clear Title

Delivering clear title is often an issue with divorcing sellers.

I’m currently involved in a buyer-represented transaction that includes a listing and Seller’s Property Disclosure signed only by the husband.

While doing my own informal title search before writing my buyer’s offer, I discovered the name of a female with a different last name who was also “on title” (another legal owner) for the subject property.

When I questioned the listing agent, I was told that both people were on title, had since divorced, and it was “no problem”.

I don’t know about you, but there’s something about those words that cause me to assume that the opposite could be true.

This is an obvious issue of the seller not having clear title.

This situation puts my buyers in the position of having an offer that had been accepted by only one of the two legal owners as we prepare to spend $300 on a home inspection tomorrow.

When I questioned the validity of the accepted offer yesterday, both the listing agent and the escrow officer told me that the sellers are on good terms, and that the ex-wife will sign a quitclaim deed at closing relinquishing her interest in the property.

I would prefer that the ex-wife sign the quitclaim deed now; not at closing, because situations like this provide the opportunity for an unhappy ex-wife to renegotiate the terms of the divorce by holding up the closing.

But, I can’t require the ex-wife to do that.

This will probably all work out okay, but it could’ve been avoided by having the ex-wife sign and record a quitclaim deed as part of the divorce proceedings.

The situation was likely caused by a do-it-yourself divorce, or perhaps the attorney(s) missed it during the divorce proceedings.

 

Please follow and like us: