Boise Idaho Real Estate Tips

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Archive for home buying tip

Buying in a Buyers Market

August 9, 2009 at 9:09 pm · Filed under Buying and tagged: , , ,

There is al, most one thing for certain… The Boise real estate marketis a buyers market.  Buying a home looks very attractive to many buyers when the market is behaving the way it is.  Interest rates are low and home inventory is high.  One of the best things about buying a home in a buyers market is that it gives buyers a bit of power, negotiating power.  This doesn’t mean you are going to get away with low-balling the seller and getting their home cheap.  It means you are going to be able to pay the fair market price for the home while negotiating a good deal.  Keep your eyes open and remember to get preapproved so you are ready to act when you come across your dream home.

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How to Find a Home You Can Afford

July 26, 2009 at 4:19 pm · Filed under General Real Estate and tagged: , ,

Unfortunately there are many home buyers that don’t have a realistic picture of how much of a monthly payment they can actually afford to spend on a home. First time home buyers often make this mistake and end up wasting time and energy looking at homes they can’t afford. Not only do buyers get their hopes up but the hopes of the seller. There is nothing worse than finding a house that you love and going to the bank to get a home mortgage only to find out that the bank will not lend you the selling price of the home. Because, according to them, you can’t afford it.

Read full article http://www.oarticles.com/finance/real-estate/buying/how-to-find-a-home-you-can-afford.html

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Don’t Neglect the Neighbors

July 12, 2009 at 1:22 pm · Filed under Buying and tagged: , ,

People come in all types, even in nice neighborhoods. Depending on your goals and family size you may wish to check out the neighbors and see what they are like. Are they friendly? Are their homes well maintained? If you have children you may want to check the sex offender registry. Live in an area where you feel safe and don’t be afraid to make some new connections.

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Boise Flood Plain

July 9, 2009 at 1:22 pm · Filed under Buying and tagged: , , , ,

The environment is always changing and it has been a very long time since Boise has seen a flood but recent news and events shows that cities that normally don’t flood have been. Boise is no exception. Remember the Boise River runs through the center of town and there are a lot of homes built next to the foothills. With the right conditions you can see flooding occur. Check to see if the home you wish to buy is in the flood plain and if so what insurance would cost.

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Buying Around Vacant Lots

July 6, 2009 at 1:20 pm · Filed under Buying and tagged: , , ,

Many people buy a home because they have a nice view. Could this change in the future? What uses are possible for nearby undeveloped land? Could they put in a new road or commercial development that is an eyesore? These are serious things to consider when buying a home so don’t neglect them. Boise real estate is a fast growing business and it doesn’t take much to find homes where people probably wish they never bought because of one or both of the above reasons.

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Destinations

July 3, 2009 at 1:19 pm · Filed under Buying and tagged: , , ,

When buying a home consider destinations. Where will you and your family be going most of the time? Is it easy to reach those places? If schools, shopping, grocery stores, work are important to you then see how easy it is to reach those places during the hours you normally would.

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Buyer’s Market

April 3, 2009 at 8:46 pm · Filed under Buying and tagged: , , ,

At last, given recent changes in the housing market nationwide and locally, it’s small wonder buying a home is looking a lot more attractive. From first-time buyers to dream-home trade-uppers to snow birds to rental investors, market conditions and tax breaks have combined to make buying a home today much more affordable. The buyer’s market of 2009 may make many new homeowners look back on today’s market as one of the best opportunities ever. Here are five reasons why.

  • lower prices
  • lower interest rates
  • government tax incentives
  • big selection
  • eager home sellers

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