May 19

When looking at all residential re-sales sales since December 1, 2008 through April 31, 2009, 16.7% of all closed sales are short sales. This includes the cities of Boise, Meridian, Eagle, Kuna, Star and Garden City Idaho.  This is down slightly from the same study in March 2009.


May 18

A B.P.O. or broker price opinion is an opinion of value for a bank or servicing company that is completed by a real estate broker.  These are often done when a bank needs a quick assessment of value to:

  • Extend or reduce a credit line.
  • Negotiating a short sale.
  • Pre-foreclosure valuation.
  • Update a lenders portfolio.

The broker completing these assessment are typically paid a flat fee by the institution ordering the opinion.  It is worth noting that Idaho State Law dictates that onlya  licensed broker can complete these and not sales associates.


Apr 18

Simply type in an address and instantly see results for Home Sales, Demographics, Schools and Houses of Worship.

Follow his link: http://www.move-up.com/Relocation/Neighborhood_Information/

 

Home sales:  See map overlay, sale date, distance from subject, bedrooms, bathrooms and year built.

 

Demographics: Median income, ranking by state and national, average ranking of income with children and without plus more.

 

Schools: Interactive map overlay with designations for private and public. Number of students, grades and distance from subject.

 

Churches: Interactive map overlay with denomination, distance from subject and details including phone number and address.

 

Weather: Each month is outlined with low, medium and high temperature and precipitation.


Apr 18

 Year to date 4/1/09 single family homes Builders permit value. Ranked by units.

 

1. CBH Homes            115      $18,875,952

2. Paradigm Constr       26        $3,020,100

3. Aspen Homes           18        $2,770,432

4. Hubble Homes         16        $3,124,849

5. Boise Hunter Homes 7          $1,963,053

6. DR Horton               6          $768,000


Apr 18

 An excellent overview of refinancing options if you have been unable to refinance because of loan to value but not due to credit or income direct from the FannieMae web site.  This is the presentation used to train loan officers so you get ALL the details and inside secrets.


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