Boise Real Estate: Headed for Another Bubble? I was reading a post over on Google+ regarding the increasing prices for Boise real estate. A woman commented that “We definitely will have a bubble if Realtors keep overpricing their listings and pushing the Continue reading
Another Successful Meridian Short Sale Closed I just completed a short sale in Meridian on an conventional loan with Wells Fargo. The owner had relocated to California to take a great job but was way underwater on the house. I took the Continue reading
Will Your Short Sale Cost You Thousands in Taxes? Time is running out for homeowners who are thinking about doing a short sale on their home, rather than going through the pain of foreclosure. The Mortgage Forgiveness Debt Relief Act, Continue reading
Bank of America Short Sale Completed [textwrap_image align="left" style="top:-3px;"]http://stevenorrisrealtor.com/blog/wp-content/uploads/2012/11/college.png[/textwrap_image] I just completed a short sale in Caldwell on an FHA loan with Bank of America. The owner had died a year ago and the estate did not have the funds Continue reading
I’m going to have to find out more about this product. It looks like it could be used well in either a remodel, a rehab or new construction home. Looks attractive and adds insulation, as well. And to boot, it’s Continue reading
What is a Short Sale? [textwrap_image align="left" style="top:-3px;" width="300" height="200"]http://stevenorrisrealtor.com/blog/wp-content/uploads/2012/06/negotiate1.jpg[/textwrap_image]In the real estate business, a “Short Sale” describes the sale of property for a price less than the amount of money that has been borrowed against it. This results in Continue reading
Hi folks. Recently I had a Meridian Short Sale seller ask me a question…..”We need to replace our truck. Should we do that before we go through with the short sale?” They are worried that after the short sale their Continue reading
I just completed a short sale in Caldwell with Bank of America. This one was through their Reverse Mortgage Dept and was a pleasure to work through. The entire process took 70 days from listing the home to closing with Continue reading
Should I Do a Short Sale on My Meridian Home? One of the most common questions I face is “Should I do a short sale?” It’s a difficult question and one that you have to answer for yourself. However, some Continue reading
Contingent offers sound good in theory. I’ve spoken with several people lately looking to take advantage of today’s prices and move up to a bigger home in Meridian. People who are seeking to purchase a new house but staying in Continue reading