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Home Buying in Boise : Real Estate Advice

  • All295
  • Local Info10
  • Home Buying99
  • Home Selling32
  • Market Conditions11

Activity 126
Thu May 5, 2016
Paul answered:
Use InBedrock.com to fully understand + analyze all real costs of homeownership, including purchase price, down payment options, closing costs (title insurance, bank fees, inspection/appraisal, legal), mortgage financing- interest rate, term, points, pre approval requirements, RE Taxes, HO Insurance, utilities/maintenance/condo fees, selling costs (broker commission, capital gains tax, state transfer taxes). InBedrock.com is educational, in-depth, easy-to-understand. Invaluable especially for serious first-time homebuyers. ... more
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Wed Apr 27, 2016
Amber Stockert-Hall answered:
If you are speaking about buyer closing costs, then these costs will be the fees/reserves charged by your lender. I've found that these can vary by lender depending on the loan program, if an origination fee is charged and dependent on interest rate. For example, I have a client closing with a loan of $115,000 conventional loan and the closing costs/reserves are $3000. I have another transaction representing the seller and the loan amount is $258,000 FHA loan and the buyers closing costs/reserves are over $7000. So in short, they will vary depending on your loan program, interest rate and lender you choose. I can recommend a fantastic lender in the valley if you need. Text or call me at 208.830.1331 ... more
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Wed Apr 27, 2016
Amber Stockert-Hall answered:
Hi George. If you need the proceeds from your current home to purchase a new home, then you can do a simultaneous close. What that means is your home you have to sell and the home you want to purchase can close the same day. Hope this helps. ... more
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Thu Mar 31, 2016
DELETE PLEASE asked:
I am an inactive agent I wish for my data to be removed.
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Fri Dec 4, 2015
Visio2014 answered:
You can verbally OK on the buyer agent verbal offer, but have written offer sent within requested the time because verbal OK means nothing unless the offer document is acceptable on contingency, down payment , buyer funds and more. The seller agent can counter offer , if the offer is close to the offered price or reject or let it expire or accept. Have no ego, but play with the rules because I was seller one-time and been through Buyer/Agent unprofessional approach. Most serious buyer/agent will work with you, but those unsure will run-away from sending written offer. It is always good to check for lender approval and financial information by Seller and Seller agent before Buyer Agent and Buyer visit your house and have them visit by appointment unless you have vacant house for sale. ... more
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Wed Jul 29, 2015
USMortgageRanger answered:
Hi Kierra,

Congratulations on your decision to become homeowners. I would love to schedule sometime to speak with all parties and help you understand what is required and expected of all parties when purchasing a home jointly.

I would be delighted to provide you with some mortgage options, (this does not require us pulling your credit) that will allow you to make the best decision for your family. I can be contacted via my profile information for a no obligation consultation. My Office hours are 08:00 AM-08:00 PM Mon-Fri and Fri and Sat 08:00 AM-06:00 PM CST.

Lowell Sterling
Mortgage Banker
NMLS 968898
Capital One Bank
Phone (469) 315-1709
... more
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Wed May 27, 2015
Emsantos27 asked:
My reason for asking is that my husband and I are interested in relocating to Boise but our understanding is that to qualify for an FHA loan we have to have been at our current jobs for…
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Wed Apr 29, 2015
Dan Tabit answered:
Katherine,
In much of the country, a mortgage is cheaper than rent right now. The difficulty is to qualify for a mortgage you generally need to be employed and making enough money to cover your payment and all other bills with enough left over to live on. Most students won't fit this description. If you think you do, talk to a local mortgage lender and see what they say. If things sound good, apply and keep moving forward. ... more
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Sat Apr 18, 2015
Sian Mooney answered:
Please check out the following. It sounds perfect for you.

1601 N 5th St, Boise.

http://www.trulia.com/property/1068794470-1601-N-5th-St-Boise-ID-83702
0 votes 7 answers Share Flag
Sun Mar 29, 2015
Thomas and Melissa Evans answered:
Whitney,

I would be happy to help you with your question. I suggest an off-line conversation though as it is easier to work through what you are looking for. Please contact me at (208) 270-1957. ... more
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Sun Mar 29, 2015
Thomas and Melissa Evans answered:
Jormoral2,

If you sign up on my website, I can send you multi-family listings from there. Please take a look at :

www.YourDreamHomeIdaho.com

Thomas Evans, RealtorĀ®
Your Dream Home Idaho Realty
Keller Williams Realty Boise
(208) 270-1957
... more
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Sun Feb 22, 2015
Jim Paulson answered:
I was amazed that this popped back up on my radar since it was posted back in 2010, but I guess since others have recently just answered the question, it refreshes it on the list. I always thought our healthcare was way above the national average as far as quality per capita. ... more
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Thu Jan 1, 2015
Jim Paulson answered:
Buyer's question everything (as they should). Your agent needs to have the right answer to that question. What do they say? I have heard too many tell buyers without the sellers permission that the seller would probably take "x" for it.

New homes are very different in that some are listed as to be built, some are listed at the time the builder pulls the permit, and some builders want to use the home for pre-solds and don't really care about liquidating their model.
... more
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Thu Jan 1, 2015
Jim Paulson answered:
Dennis,

It has been two months since I posted a reply to your question but thought I would add that you can also consider having a new home built since you have time on your side. The builder can get their construction financing to build the house and you can use your VA benefits to get the 100% financing on the finished home.

I have closed brand new homes with nearly 60 different builders in the Boise area, so I would be glad to walk you through the steps.

Happy New Year!
... more
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Mon Oct 27, 2014
Jim Paulson answered:
Have you related to Boise yet? If so, how do you like it so far?

If not, you might consider our local MLS areas 100 (north end Boise), 200 (North East Boise), 300 (South east Boise) and possibly area 800.

Boise is a very bike friendly town with lots of mountain biking trails and the the Greenbelt along the Boise River is nice too.

The average 3+ bedroom home price in Boise today is $307,533 yet the median number is $229,900. There are currently 216 homes listed that are yet to be built, under construction or brand new in Boise that have at least 3 bedrooms and are under $350k. What that means to you is that if you don't find the right home on the market, don't worry, you can have someone like me help you find a lot an have it custom built in your budget!

Hope this helps,
Jim
... more
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Mon Oct 27, 2014
Jim Paulson answered:
Skyla,

Sorry I didn't run across this post sooner as my advice is quite different form posts so far.

With some of the programs out there for VA combined with first time home buyer programs you get the benefit of $0 down and can have the seller pay your closing costs too if needed on a VA loan. When you compare a home in the Boise area for a modest first time home you will find with today's interest rates under 4% that your monthly payment will typically be less to buy a home instead of renting that same home!

If you decide to move away, you might consider holding it as a rental home and enjoy the potential appreciation along with the tax benefits and the positive cash flow (even after turning it over to a property manager)!

I bought my very first home while I was still attending BSU and ultimately turned it into a rental. Then I ended up acquiring the two next to it too as rentals which I have ultimately sold for a nice profit.

Why wait and pay more in rent and let your landlord benefit?

Go for it!
Jim
... more
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