Real Estate
General information about Boise Idaho Real Estate and surrounding cities
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Monday, May 18, 2009

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.

Posted by DarrinJ at 5/18/2009 10:36:00 PM
Saturday, April 18, 2009

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.

Posted by DarrinJ at 4/18/2009 11:38:00 PM

 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

Posted by DarrinJ at 4/18/2009 11:25:00 PM
Tuesday, February 24, 2009
A good description of the credit crisis. Given the complexity of this subject the author of this video does a good job of explaining things, although some items are a bit simplistic. It?s definatley worth the time to view.
Posted by DarrinJ at 2/25/2009 2:06:00 AM
Thursday, February 19, 2009

 

 At a glance:

 

·  The tax credit is for first-time home buyers only.

·  The tax credit does not have to be repaid (special provisions apply).

·  The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.

·  The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009.

·  Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.

 

 

Read the FAQ's about this Bill here.

Posted by DarrinJ at 2/19/2009 11:15:00 PM
Friday, February 13, 2009

Wes from ISA (Inspection Services of America) commented to me today that he has seen the largest increase in home inspections since October of 2008 in the Boise Idaho area. He also said that most inspections were rush orders, meaning people wanted to close fast. This is consistent with what I am seeing in the Boise, Eagle and Meridian Idaho real estate market place. The reduced mortgage rates and reduced prices are attracting buyers who want to close now.

Posted by DarrinJ at 2/13/2009 9:32:00 PM
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