Category Archives: Mortgage

HUD Extends Unemployed Mortgage Relief Program

  Daily Real Estate News | Tuesday, August 30, 2011 The Department of Housing and Urban Development has once again extended its deadline for a program that provides up to $50,000 in interest-free loans to unemployed or medically ill home … Continue reading

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Coeur d’Alene, Idaho Market News: Reduced Kootenai County FHA Loan limits?

FHA Loan limits for Kootenai County may be reduced from $280,250 to $271,050 after September 30th. NOW is the time for you to lock in your loan at the higher values and at historic low interest rates! Let us help … Continue reading

Posted in Around $200,000, Build Your Custom Home, Buyers, Coeur d'Alene, FHA, home, Home Ownership, Idaho, Interest, Kootenai County, Loan, Market News, Mortgage, Our Listings, Price Reduction, Pricing, Real Estate, Save Money | Tagged , , , , , , , , , , | Comments Off on Coeur d’Alene, Idaho Market News: Reduced Kootenai County FHA Loan limits?

GOOD NEWS! Pending Home Sales UP 49%

“The price of new homes is fixin’ to RISE… In other words, Beat the Crowd!” Hello, Friends! When was the last time you heard THAT??? Today, we thought we’d pass along this VERY GOOD NEWS to give your spirits a … Continue reading

Posted in Bank-Owned, Buyers, Coeur d'Alene, Foreclosures, graph, Home Ownership, Idaho, Interest, Investment Properties, Kootenai County, Market News, Market Value, Mortgage, Multiple Listing Service, New Construction, Our Listings, Price Reduction, Pricing, Real Estate, Rental, Save Money, Sell, Sellers, Short Sale, Taxes | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on GOOD NEWS! Pending Home Sales UP 49%

What do you think: Require 20% Down?

Friends, We pass this along to you in an effort to keep you informed.  This article was forwarded to us this week from various sources, especially the Realtor Action Center. We’d love to hear from you.  Comments are open for … Continue reading

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Should I Buy or just Rent? A Cost/Benefit Analysis

You might be surprised to find that a careful Cost/Benefit Analysis still favors BUYING, despite increasing interest rates.  Here’s one scenario: What Does Opportunity Cost Mean? Here is a great explanation we found at www.investopedia.com: 1. The cost of an alternative … Continue reading

Posted in Buyers, Home Ownership, Idaho, Interest, Market Analysis, Market News, Market Value, Mortgage, Our Listings, Pricing, Real Estate, Rental, Save Money | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on Should I Buy or just Rent? A Cost/Benefit Analysis

What is the True Cost of the Interest Rate Increase?

Dear Friends, It’s probably no surprise that rising interest rates have a significant impact on your pocket book. But how much of an impact?  The True Cost may shock you! Consider this: The average stay in a home is 5 to … Continue reading

Posted in Acreage, Benewah County, Build Your Custom Home, Buyers, Coeur d'Alene, Commercial, Cougar Gulch, Dalton Gardens, Hayden, home, Home Ownership, Idaho, Interest, Investment Properties, Kootenai County, Lake Coeur d'Alene, Luxury, Market News, Mortgage, Mountaintop Listings, New Construction, Our Listings, Post Falls Listings, Premier Property, Pricing, Rathdrum, Real Estate, Rental, Riverfront Properties, Sandpoint, Save Money, Shoshone County, Silver Valley | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on What is the True Cost of the Interest Rate Increase?

4 big money mistakes of first-time homebuyers

First-time homebuyers almost always make a few mistakes when buying their home. Perhaps they pay too much, choose the wrong type of mortgage or neglect to budget for needed home improvements. Working with a trustworthy, experienced lender can help prevent … Continue reading

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Mortgage Interest Deduction: WE SUPPORT IT!

Mortgage Interest Deduction?  OF COURSE! We’re with Lawrence Yun, of the National Association of Realtors: It’s a common misperception that the mortgage interest deduction benefits primarily the wealthy, as argued in the Washington Post’s January 1 editorial, “Trim the Excessive … Continue reading

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