There are 76m households in the US that own their own home.

• 24m of these homes are free and clear

There are 52m homes with mortgages

• 97.2% of these are not in foreclosure
• 93.8% of these homes are current on their payments

I often get the opportunity to work with senior clients or clients who have parents who are in need of senior housing.  The housing needs that are most often requested is for a bedroom on the main level that offers some privacy for a live in parent but does not occupy the mater suite.  There are two other alternatives.  The first alternative is a separate detached “mother in law unit”.  These typically must be in neighborhoods with lot sizes that will accommodate a separate structure - usually on an acre or more. The second option is a townhouse that is in a senior community – 55 and over.  These can be purchased in the low – mid 100’s and are located in Meridian.  These offer an investment option down the road as well.  More to follow on that subject.

Are you looking to buy and interested in a short sale?  Do you have to know when you are going to move in?  If the answer is YES then consider an "approved short sale".  This is a short sale where the lender has approved of a short payoff already.  This is a very rare scenario but nearly assures a closed transaction at the end of the day.  Here is an example of an approved short sale in Boise Idaho. Bristol Heights - Approved Short Sale

Luxury living spaces continue to be very popular in the Eagle area.  It’s not unusual to find built in fireplaces and commercial grade BBQ’s on many extended patios.  What is unusual though is finding the tranquility and privacy of mature landscaping with a modern home. Here is anoutstanding example of both.

Considering estate living in a rural setting for you and your extended family, you must look at this four bedroom house on a park-like acre.  It has a separate cottage for Granny complete with a kitchen, full bath, living room, bedroom, and private patio.  All just 20 steps from your back door!   Granny will be minutes from the Eagle Senior Center where she can join contemporaries for luncheons, bingo, and exercise classes.  She can also enjoy knitting classes at the library, lunch at the Blue Moose Café, or trips to Coldstone’s for ice cream with the grandchildren.

Take a virtual tour of this home.