Boise ID Real Estate & Meridian ID Real Estate Blog - Idaho Homes for Sale: Eric Bracht - Boise ID Real Estate - Meridian ID Real Estate - Homes for Sale (Market Pro Real Estate - Buyer Representation)

Buying a Bank-Owned Home - Boise Idaho Real Estate - Part 2 of 7

Part 1

Part 2 of 7 part blog on what I have experienced from a Boise ID buyer's agent point of view in working with bank-owned homes for sale in the Boise ID area. This is intended to help homebuyers to become better educated with the process of buying a bank-owned property. Short sale homes are in abundance right now but I have seen from experienced that the bank-owned homes are where you can currently get the most "bang for your buck" without wasting a whole lot of your TIME and emotions.

2. What to Expect When Looking at Bank-Owned Properties

The condition of bank owned homes for sale can vary - It is amazing what is out there....

Do you want move-in ready or not? That is the question.....

There are bank-owned homesyou will get a steal on and have to do some work ...  

With the help of an experienced bank-owned-home agent, you will work as a team to find the "gems" at a absolutely great price.

One thing I will guarantee: When the good clean deals are put on the market, other buyers will see them too! I send the new bank-owned properties to my homebuyers in the early evening. This way they can contact me to set up an AM showing if a steal-of-a-deal comes up.

For the most part, there are three particular items I see in need of repair with most bank-owned properties more than any other items:

1. Interior Paint
2. Carpet replacement
3. Yard needs water and trimming 

Whether it is a brand new home or a 1970's house with an in-ground pool and acreage, your real estate agent will most likely be able to find a fit. Narrow down the area and get out there and look at these bank owned homes in person! Pictures just ' to some houses justice.......

Next Part 3: Coming up with an offer amount  

Eric Bracht E-Pro

www.AgentIdaho.com

www.AgentIdahoBlog.com

Market Pro Real Estate

208.991.4552

Eric@AgentIdaho.com

Buying a Bank-Owned Home - Boise Idaho Area Real Estate - Part 2 of 7

Buyer's Agent vs. Listing Agent - What is the Difference? - Boise ID Real Estate

Is there a difference between a buyers agent and listing agent? Aren't all Realtors the same?

The answer-in order-is yes and no.

The difference is really simple: It's a matter of who represents who in a real estate transaction when important negotiating information is known and could make or break a deal.

All realtors should know or have access to the MLS market statistics, comparables, property history, etc.

When you are selling or buying a home, here is the difference in detail you should know........

Listing Agent:

A listing agent is hired by the seller of a property, prior to listing, to obtain the most favorable price and scenario for the seller. Whether it is thru advising or negotiating; a listing agents' duty is to represent the sellers' best interest.

Listing agents include builder representatives, most open house agents and any agent listed on the for sale sign at the front of house as well as any marketing material for the property.

Buyer Agent:  

A Buyer agent is hired by a buyer to negotiate an acceptance on behalf of the buyer and advise on general real estate questions.

The sometimes-confusing aspect of a buyers agent is this: The seller typically pays the buyer agents' commission at closing. Make sense? It didnt to me at first....let me explain....

On most MLS listings it says what amount the buyer agent will be paid in commission by the seller. With for sale by owners, the buyer agent will ask the owner right up front if the seller will pay the buyer broker fee. Always verify with your buyer agent if the seller is paying the total broker fee. 

I will add; the buyers agent will have to be sure (as a business practice) they will get paid for their time and efforts from the buyer if the seller doesn't pay. This is where most buyers representation contracts will include the committing the buyer to pay the buyer broker fee only IF the seller DOES NOT. 

Remember it is typical for the seller to pay the total broker fee

Not using a buyer agent when buying a home would be like a lawyer representing the plaintiff AND defendant at the same time.

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Any Questions?

Contact anytime: 

Eric Bracht

Market Pro Real Estate

208.991.4552

www.AgentIdaho.com

Eric@AgentIdaho.com

Buyer's Agent vs. Listing Agent - What is the Difference? - Boise ID Real Estate Guide

 Buying a Bank-Owned Home - Boise Idaho Real Estate - Part 1 of 7

 This is a no-nonsense 7-part blog on what I have experienced from a Boise ID buyer's agent point of view in working with bank-owned homes for sale in the Boise ID area. This is intended to help homebuyers to become better educated with the process of buying a bank-owned property. Short sale homes are in abundance right now but I have seen from experienced that the bank-owned homes are where you can currently get the most "bang for your buck" without wasting a whole lot of your TIME and emotions.  

 1. Get Connected with a "Buyers Agent" Realtor w/Bank-Owned Experience & Get Pre-Qualified 

Law enforcement uses bloodhounds to find what they are looking for - If you are a homebuyer searching  for real estate - Connect yourself with an agent who has experience with the process and who can pro-actively search for the so-called "Diamonds in the Rough" houses for you.

I set a preliminary meeting with the homebuyers as a "meeting of minds" to learn what their goals, objectives and search criteria will be when searching for their next home.

At this point, it will be important to also connect with a competent lender. I always recommend 2-3 of my lender affiliates. It is a sign of the times that the great lenders have great "clout" with their underwriters and are hard working. (I have learned that lesson the hard way.....Let me save you the time) The loan officer truly is the grease on the squeaky wheel of the whole transaction these days. In the Boise ID real estate market, roughly 20-30% of the transactions are dropping out prior to closing. It is also important for homebuyers to be informed consumers and shop the cost of the loan with multiple lenders.

After the initial meeting and a search criteria, I will set two property searches up for the homebuyer - One will be bank-owned properties only, second will be a similar search but including all the other properties for sale as well. I find it important for my homebuyers to have these separated. Listings will be sent via email to the homebuyer once per day at the homebuyers specified time of day. In addition, I will direct the homebuyers to sign into my AgentIdaho ListingBook Website where they can do their own in-depth comparables search on their own, 24/7 if they choose to. ListingBook has proven to be VERY user-friendly and thorough for the homebuyers based on the feedback I have received. 

Once the pre-qualification has been established and the homebuyer knows how much they can afford, we will be ready to set up a time to look at properties in person. On to the next step:

  Part 2: What to Expect When Looking at Bank-Owned Properties

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Eric Bracht

Real Estate Consultant-Buyer Specialist

www.AgentIdaho.com

Market Pro Real Estate

4355 Emerald St Boise, ID 83706

208.991.4552

Eric@AgentIdaho.com

Buying a Bank-Owned Home - Boise Idaho Real Estate - Part 1 of 7

Observation Point - Meridian ID Real Estate - Homes For Sale

Observation Point is an upscale neighborhood

in the South Meridian ID area off Victory Rd

between Meridian Rd and Locust Grove. Easy

location and central to all.... Search for

Observation Point properties for sale on the

AgentIdaho listingbook website

Observation Point sits atop a hill with most

 homes facing South or North - South facing

 the Owyhee mountain range or North facing

Bogus Basin

The Planning for Observation Point was grand

houses on big lots

There are currently 2 homes for sale in Observation Point Meridian

The Home prices range from $329,900 to $649,000

Currently there are two- 4bedroom, 3.5 bath homes for sale

The square footage ranges from 2978 to 4306 

Only two listings probably because current homeowners love this subdivision!

Grade School: McPherson  Jr. High: Lake Hazel  High School:  Mountain View

For an updated Foreclosure List and Observation Point Meridian ID Real Estate info - Contact :

 Consider looking at a bank owned home....you just might get a great home and deal!

Eric Bracht

Market Pro Real Estate

208.991.4552

Eric@AgentIdaho.com

   MLS SEARCH: www.AgentIdaho.com

Observation Point - Meridian ID Real Estate - Homes For Sale

Bear Creek - Meridian ID Real Estate - Homes For Sale

Bear Creek - Meridian ID Real Estate - Homes For Sale - Get directions to Bear Creek Park & Bear Creek Subdivision in Meridian ID

Bear Creek is a highly desired subdivision south of the I-84 in South Meridian ID - Whenever I have a client looking for a home for sale in Bear Creek - it is typically a Bear Creek exclusive search

Bear Creek Meridian currently has 11 active listings as seen on chart below - To search sold comparables look towards the AgentIdaho Listingbook website for the latest in Meridian ID MLS property searches

Bear Creek Meridian Park offers picnic tables, a sheltered picnic area, a large playground, a baseball diamond, basketball courts, restrooms, and plenty of open space

One of the biggest draw to Bear Creek Meridian is the location - So when it comes to real estate, everyone knows its about location, location, location! Walking paths and Super Easy access to the freeway and Meridian ID ammenities like Lowe's, Winco, Home Depot, Meridian Speedway and much more.....

Bear Creek has so much to offer - contact me for latest info and available homes for sale

Grade School: McPherson  Jr. High: Lake Hazel  High School: Rocky Mountain

Eric Bracht

Market Pro Real Estate

www.AgentIdaho.com

Boise ID Real Estate Foreclosures

Boise ID Real Estate Consultant

208.991.4552

Eric@AgentIdaho.com

Bear Creek - Meridian ID Real Estate - Homes For Sale

The Mail Center - Boise ID - Shipping - Mailing - Mail Box - Postal Supply Center

 The Mail Center in Boise Idaho is the place to go for all your postal supplies, shipping, faxing, notary needs. Customized or pre-made gift plaques are available at The Mail Center Boise also!

The Mail Center Boise is located at 10378 Fairview Avenue Boise ID. For easy directions, The Mail Center Boise is at the 5-Mile and Fairview or you can call directly at (208) 322-4784 

Map to The Mail Center Location 

LuJean is the friendly face that will greet you when at The Mail Center Boise. Always optimistic, LuJean is a breath of fresh air to talk to when visiting. (208) 322-4784 LuJean is a licensed notary

The Mail Center Boise can create a plaque for you or you can order a customized plaque. They make great closing gifts! Obviously the plaques can be shipped anywhere from The Mail Center Boise.

(PMB's)Personal Mail Boxes are available for rent at The Mail Center Boise. LuJean says the USPS gets upset when you call PMB's a P.O. box on an address when it actually is not located in a USPS owned store.....?

Eric Bracht

Market Pro Real Estate

www.AgentIdaho.com

Boise ID Real Estate Foreclosures

Boise ID Real Estate Consultant

208.991.4552

Eric@AgentIdaho.com

The Mail Center - Boise ID - Shipping - Mailing - Mail Box - Postal Supply Center

All About Water Idaho - Meridian ID - Superior Drinking Water

All About Water at 1760 W. Cherry Lane Meridian, ID has been a supplier of quality drinking water to the community for going on 3 years. For easy directions, All About Water is in the business complex at the NW corner of the intersection of Cherry Lane and Linder Roads. Hours of Operation: Monday - Tuesday - Thursday - Friday 9:30 am to 6:30 pm, Saturday 9:00 am to 4:00 pm

Bill Stafford is the friendly face that will greet you when visiting the store. Ask Bill what's so important about water........? He'll tell you exactly what you are consuming in the water from your current source. Bill has made clean, great tasting water a science! 

All About Water has a 24-hour drive-up water dispenser at the exterior front of store 

Water To Go plus:

• fresh & pure water...made on site
• 1/2 the price of pre bottled water
• quality reusable water bottles
• water softeners, filters and more!
• All Products at All About Water 

Eric Bracht

Market Pro Real Estate

www.AgentIdaho.com

Boise ID Real Estate Foreclosures

Boise ID Real Estate Consultant

208.991.4552

Eric@AgentIdaho.com

All About Water Idaho - Meridian ID - Superior Drinking Water

Paramount Subdivision - Meridian ID Real Estate - Homes for Sale  

Paramount is Meridian's most comprehensive master planned community. This means that practically everything within the mile-square boundary of Paramount, both residential and commercial, has been planned in advance to exist in harmony with the elements around it

Current available Paramount Meridian homes for sale can be found by searching the Boise ID real estate / Meridian ID real estate MLS linked AgentIdaho listingbook website.  SEE current listing count below. 

Paramount Meridian offers two community centers, heated pool and kiddie pools, fitness facility, great room for events, catering kitchen, changing rooms and restrooms, parks, playgrounds, sand volleyball court, multi-purpose pavillion, extensive walkways, ponds, water features, 7 parks and much more.

Paramount Meridian schools include Paramount Elementary (opened in 2007) inside the subdivision, Heritage Middle School (opened in 2007), and Rocky Mountain High School.(opened in 2008) 

Paramount Meridian currently has 21 active homes for sale on the multiple Listing Service (MLS) Prices  on current listings in Paramount range from $187,000 to $435,000. The smallest 3 bedroom 2 bathroom is 1764 square feet - the largest house for sale in Paramount is  a 5 bedroom 3 bathroom 4472 square feet home

Paramount DOES have a handfull of available Lots for sale - contact an agent thru the AgentIdaho listingbook for emailed details.   

There are amazing properties in and around the Paramount subdivision in Meridian ID - For surrounding area subdivision check out the AgentIdaho Boise ID and Meridian ID real estate blog

Grade School: Paramount  Jr. High: Heritage Middle  High School: Rocky Mountain

Eric Bracht

Market Pro Real Estate

Boise ID Real Estate Foreclosures

Boise ID Real Estate Consultant

208.991.4552

Eric@AgentIdaho.com  

Paramount Subdivision - Meridian ID Real Estate - Homes for Sale

Meridian ID Real Estate - Homes for Sale - Saguaro Canyon Subdivision

Distinguished by a grand entrance featuring flagstone pillars, Saguaro Canyon offers plenty of relaxing space. Walking paths meander throughout the community leading to the neighborhood pool and numerous parks. Bicycling and other sports activities will be a joy here. Nestled in the heart of Saguaro Canyon, the community pool includes changing rooms and a large active recreation area for entertaining family and friends.

Saguaro Canyon current home prices range from $189,000 to $589,000

Sizes range in Saguaro Canyon from 2050 square feet to 3878 square feet

Most lots in Saguaro Canyon are standard size lots (.18-.24), some of the bigger homes are on .25 acre+ lots

There are currently 18 homes actively for sale in Saguaro Canyon

Saguaro Canyon is in of the more unique subdivisions in Meridian. There is vast amounts of desert landscaping throughout the entire Saguaro Canyon subdivision. With the Ocotillo trees, cactus and rock work, it reminds me of an oasis in the desert

Well know builders in Saguaro Canyon include Boise Hunter Homes - Hallmark - Zach Evans - Tahoe - Image 

Saguaro Canyon homes can be found by searching the Boise MLS Or by contacting an agent with knowledge of the Saguaro Canyon subdivision  at (208) 991-4552 to set up a customized search or to schedule a viewing of the current Saguaro Canyon homes for sale

Grade School: Discovery  Jr. High: Sawtooth Middle  High School: Rocky Mountain

Market Pro Real Estate

Boise ID Real Estate Foreclosures

Boise ID Real Estate Consultant

208.991.4552

www.AgentIdaho.com

Saguaro Canyon Meridian ID Real Estate homes for sale

Nampa ID Real Estate OPEN HOUSE - Home for Sale - 1021 Creekside Nampa ID 83651 Swimming Pool MiddleCreek Subdivision - Priced to sell at $189,900 - that is only $105.56 per square foot for an upgraded home in perfect condition -Compare with Nampa ID foreclosures - First time homebuyers, qualify for the $8000 federal tax credit, this is the perfect starter home!

Dont wait, the great properties are being bought up quick these days! 

Property information for 1021 Creekside

Quiet and clean, MiddleCreek Subdivision close to all of Nampa's amenities 

• 1799 Square Feet  
• Hardwood flooring at entry and Living Room
• Great room layout
• 3 bedroom 2 bath with 4th room for office or den
• IN-GROUND SWIMMING POOL
• Covered back Patio
• Vaulted Ceilings
• Split bedroom floorplan
• Single Story
• Quiet Neighborhood
• 3-Car garage
• Professional mature landscaping

This immaculate turnkey home looks like a model and is in move in condition.  Come see it while it is open...or call me for an appointment that is convenient for you.

 MLS #98401264

Eric Bracht

Market Pro Real Estate

Boise ID Real Estate Foreclosures

Boise ID Real Estate Consultant

208.991.4552

Nampa ID Real Estate OPEN HOUSE - Home for Sale - 1021 Creekside Nampa ID 83651 Swimming Pool MiddleCreek Subdivision