Meridian Idaho Homes Under $400,000

Are You Looking For Meridian Idaho Homes Under $400,000?

Meridian Idaho Homes Under $400,000

Up until a year or so ago, that would have been easy.

With the Meridian Idaho average price at $361,762, it’s more difficult today.

Here are some typical MLS searches I’ve recently completed for buyer clients.

View All Meridian Idaho Homes Under $400,000

Or, maybe you’re interested in a single-level Meridian Idaho home?

View All Meridian Idaho Single-Level Homes Under $400,000

You might also be looking for a NW Meridian home with more than 1,600 sq. ft.

View All Homes in NW Meridian With More Than 1,600 sq. ft.

As you can see, I have deep MLS search capabilities allow me to refine my MLS searches for your specific wants and needs.

My deep broker-level search capabilities far exceed what you can accomplish by searching Zillow on your own, especially if you lack the context that’s necessary to understand what you see online.

Working with buyers is challenging and similar to solving a puzzle.

Each buyer client has unique wants, needs, likes, and dislikes.

If we choose to work together, I will help you define your home buying criteria, then apply my extensive market experience to find the best options for you.

Sound interesting?

Check out About Phil Hoover and How I Work With Buyers for more information.

Then, give me a call @ (208)938-5533 or e-mail me so we can get started.

No sales talk, no closing questions, no drip marketing, and no team of junior agents.

Just plainspoken, straightforward advice to help you make informed decisions.

How Real Estate Auctions Work

The Inside Story About How Real Estate Auctions Work

Hey Bidder, Bidder!

I’ve long been curious about how real estate auctions work.

My curiosity got the best of me recently, so I spoke with a respected local real estate auctioneer to learn more about real estate auctions.

Here’s what I learned: (other than the fact that auctioneers talk funny)

Type of Sale

  • Real estate auctions are usually “live” onsite auctions with buyers present during the auction.

General Process

  • Buyers must register and provide proof of funds or pre-approved financing.

Earnest Money

  • Winning bidder must submit 5% non-refundable earnest money.
  • Earnest money is held by a designated title and escrow company.

Contingencies

  • Real estate auctions are “absolute” with no contingencies.

Inspections

  • Bidders may have the property inspected at their own expense prior to the auction.
  • The property is transferred “as is” with the seller making no repairs.

Financing

  • Bidders may arrange financing, but they must provide a non-contingent loan commitment prior to bidding.

Commissions

  • The seller pays the auctioneer a commission.
  • The auctioneer pays the buyer’s agent commission if the bidder is represented.
  • If the bidder is unrepresented, the auctioneer receives the buyer’s agent commission.

Buyer Premium

  • The successful bidder pays the auctioneer a premium (of the purchase price) at closing.

Agency Representation

  • Bidders can be represented by their own agent at the auction.
  • The auctioneer pays the buyer’s agent commission.

Summary

Real estate auctions aren’t for everyone, but they provide immediate sales results and closable sales without the uncertainties of traditional real estate transactions.

You should have your own agent when buying at auction.

I can represent you, as a bidder, at a real estate auction.

My auction services include:

  • Market Analysis
  • Coordinate inspections
  • Provide market insights
  • Contract review
  • Coordinate escrow processing
  • Review closing documents
  • Attend closing appointment

For more information, please call me at (208)938-5533 or e-mail me.

Free Advice: Don’t raise your hand if you don’t want to buy the property!

__________________________________________________

Stated terms above were obtained from one specific auctioneer.

Other auctioneers may have different terms and/or policies.

Time To Consider Boise River Flood Insurance

It’s Time To Consider Getting Boise River Flood Insurance!

Boise River Flood

We’ve had a very robust winter with lots of snow, and we’re having a wet Spring season.

Our above average snowpack in the mountains, combined with a very wet Spring, once again poses the risk of downstream flooding.

Several nearby areas have already experienced flooding and mudslide damage to major highways so far this Spring.

Boise River Flood Control

We have three upstream reservoirs that were built to provide irrigation water to the Treasure Valley and avoid downstream flood damage:

  • Lucky Peak Reservoir.
  • Arrowrock
  • Anderson Ranch Reservoir

Our federal water managers perform a delicate, precise dance every Spring as they balance the need to store precious irrigation water for downstream farms vs. avoiding high river flows that can cause flooding.

At this point, our three reservoirs should be able to handle the runoff, but every year brings flood risk as our water managers balance retaining irrigation water vs. avoiding flooding.

In recent years, the Boise River has flooded the warehouse district of Garden City and eroded numerous sections of the greenbelt.

In 2017, flood waters damaged the Plantation Island bridge, requiring its removal when the bridge foundations were damaged by high water levels.

Plantation Island Bridge

(image credit: IdahoPress.com)

At that time, officials were concerned that the bridge could be swept downstream and cause catastrophic damage.

That bridge was recently restored to its former location at a cost of $200,000.

As I write this, portions of the Boise River Greenbelt are under water.

Flood Insurance Information

If your home is near the Boise River, especially in the Eagle area, you should consider getting flood insurance.

The cost is reasonable, especially when you consider the risks and potential losses involved.

Federal flood insurance has a 30-day waiting period, so don’t procrastinate!

You can get more information about flood insurance from the FEMA website, or from your homeowner’s insurance agent.

Boise Idaho Community Information

Tour of Boise Idaho Video

Boise River Greenbelt Video

Rumored Meridian Idaho Trader Joe’s

Will This Become The New Meridian Idaho Trader Joe’s?

Meridian Idaho Trader Joe's

(photo by Phil Hoover)

The rumor mill ran amok a few years ago as everyone speculated on the possibility of Trader Joe’s coming to the Boise Area.

At one point, speculation was rampant that Trader Joe’s would go into the Bridges at Lakemoor development in Eagle.

But, that didn’t happen.

Trader Joe’s eventually opened its downtown Boise store, located at Capitol Boulevard and Front Street, in 2014.

Now, rumors abound that we will soon have a Meridian Idaho Trader Joes’ going into the empty former Rosauer’s Supermarket store at Eagle and Ustick Roads in Meridian.

Trader Joe’s remains non-committal about confirming a new Meridian store, but I was surrounded by contractors’ work trailers and construction workers when I shot the photo above on 4/13/19.

From all appearances, including recent articles by both BoiseDev.com and The Meridian Press, something appears to be in the works.

Rosauer’s Supermarket closed their Meridian store after five difficult years in that location, around the time when the Boise Co-Op opened its Meridian store in The Village At Meridian, less than a mile away.

The area around Eagle Road/Fairview Avenue will soon provide ample shopping for foodies.

The rumored Trader Joe’s will compete with the Boise Co-Op, the new Albertson’s Market Street store, and a new Smart FoodService (formerly Cash & Carry) warehouse store; all within a mile of each other.

Read More About Meridian, Idaho

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Just Listed: Alpine Pointe Home With 52′ RV Garage

Stunning Alpine Pointe Home With 52′ RV Garage!

Alpine Point Home

Alpine Point Home

  • Alpine Pointe Home w/52’ RV bay (14’ door), water, 50-amp power, and dump station.
  • 1/3-acre corner lot with rear yard privacy.
  • 5 minutes to Village At Meridian and I-84.
  • 2,524 sq. ft. of finished living area.
  • Single-level floor plan w/upstairs bonus room.
  • Three bedrooms, three baths, office inside entry, and a big bonus room over the garage.
  • Gleaming hardwood flooring (recently refinished).
  • Chef’s kitchen with custom Alder cabinetry, double ovens, slab granite counters, overlooking the private rear yard.
  • Luxurious master suite with tile shower, separate vanities, and HUGE walk-in closet.
  • 3rd bedroom with adjoining bathroom is ideal for separate living quarters or guest quarters.
  • Simpli-Safe® security system and Ring® doorbell.
  • Covered patio with near-new Hot Spring® spa.
  • Covered gazebo.
  • 3-car garage and 52’ RV bay!
  • Lush landscaping with pressurized irrigation.
  • Full vinyl fencing.
  • Storage building in the rear yard.
  • Hot Spring® spa, kitchen fridge, washer, dryer, garage fridge, garage freezer, and garage storage units included.
  • 2019 Zamzow’s lawn program included.

Offered At $540,000

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