Why You Need a Realtor in 2013

dollasThe new year brings bright tidings for real estate and the housing industry for many reasons. Not only is the market seeing a clearing of foreclosure inventory,continued low interest rates, but the upward movement of home prices themselves shows clear improvement on the horizon.

A recent survey by Builder Homesite Inc showed that consumers are reluctant to navigate the home buying process on their own. Over 84% wisely intend to use a Realtor whether shopping for new homes or resales; when asked why they would be getting the help of a qualified agent they listed these great reasons:

  • Get help negotiating terms/prices
  • Find homes that meet their specific criteria
  • Draft offers and contracts
  • Assistance getting through the purchase process
  • Knowledge on marketing conditions
  • References for inspectors and other service providers
  • Knowledge about the neighborhood/area
  • Knowing what comparable homes sell for

It’s no surprise that help negotiating and shuffling the purchase paperwork ranked high in the top reasons to use a Realtor. These tasks tend to be the one’s that can really stymie a transaction; are without a doubt where your agent will really earn their dues.

Are you currently looking to buy a home in Idaho?
Not only can we help you find the right home but we can help make the process as hassle free as possible, whether you are looking to get a new home direct from a builder or are looking for homes already built and ready to go. Search for homes in Idaho on our website and get to know our team of great Boise area Realtors today – your new home for the new year is waiting!


De-stress for the Holidays

giftEveryone knows the holidays can be one of the most stressful times of the year. According to a survey by the American Psychological Association 75% of Americans are stressed out as the holidays grow closer. Don’t let the worries of this time of year overwhelm you and ruin the spirit of the season!

Here are some tips to help you de-stress :

When you know what’s important it makes it easier to accomplish those goals first or devote more focus towards their completion. It is when we forget what we need to put the most attention on that stress can creep in. Without clear priorities you can begin to feel very overrun very quickly. Create just a few moments each day to examine and outline what things are most crucial for that day, or the coming day.

Let go of perfection.
When we aim for perfection more often than not we will find that it is a moving target! We can strive for it, but truly it is not a thing to be obtained; this is sort of related to creating priorities. Is it better to obsess over one goal at the detriment to another? Better to focus on what can be accomplished in one task and then move to the next. Let go of idealized outcomes around the holidays and find value in the simplicity of some things simply being. Start loving your life completely, just as it is, right where you are and you may soon realize that joy flows from within; is not something created outside of our hearts.

Don’t let the insanity of preparation, finding gifts, trying to make everything JUST right ruin the holiday itself. This should be a time of enjoyment, sharing, and appreciating the things you’ve already worked all year to create. Make sure you make time for yourself, just to relax, just to enjoy. This more than anything can help take a lot of the anxiety out of the season.

We want to take this moment to thank you for allowing us to share our services with you over this past year; we feel very blessed to be able to be part of one of the biggest parts of your life – your home. More than a home finding or home selling service, we want to be a resource you can draw upon long after the transaction is done so that we can truly help make your home happier. Be sure to visit our Idaho real estate website for the best homes on the market, and LIKE us on Facebook to stay up on great local events and information!

Back in Black? Stay on Track!

With all the hype about how well the real estate industry is recovering the fact that millions of homeowners are still under their upside-down mortgages has gotten for the most part swept under the rug.

However, not all is gloom Corelogic recently reported, as the number of homeowners underwater is in fact down by nearly 2 million since last year with nearly another 2 million more being within 5% of being back in the black.

There are a number of factors these stats, while not great, are still worth a sigh of relief. These conditions give us strong indicators of a greater market recovery as supply has decreased, lending has loosened up slightly, and interest rates continue to be very, very, very low.

If you are a homeowner who has recently finally surfaced and gotten out from under your upside-down mortgage the future it doubtlessly looking a lot more bright. Maybe even so much so that you’ve been thinking about putting this new found freedom to work, but there are things to consider first to avoid a potential return to the depths.

Sell for the sake of selling.
A lot of homeowners who were underwater have the cabin fever, bad. They’ve felt stuck in their location, held prisoner by the hits to their credit  or crom coming up with the shortfall from their own accounts. Just because your home value is finally headed the other direction is NOT the time to be hasty.

One of the most important things we’ve hopefully learned during this time of recession is that we actually need much less than we thought before. Enjoy the simple things, nurture patience, and use this time to save and invest in order to find better financial integrity down the road.

Cashing Out.
Don’t do it. Just don’t. Using your home as an ATM at this point means putting your home itself at risk.

Everyone’s situation is different but borrowing cash against your home likely isn’t a very wise gamble at this moment. You’ve worked hard to finally level things out; while instant gratification always feels great at first you could literally be putting your home on the line. One exception might be if the borrowed funds were to be reinvested into the home itself in the form of smart improvements – which ultimate would increase the value of the home.

Some smart home improvements will generally be things that make the home more comfortable or efficient, like built-in shelving, dual paned windows, or other green energy improvements. Avoid over the top items like a pool, tennis court, or big garage additions which may not appeal to all buyers.

Flipper? Flopper.
As a rough and tumble veteran of the real estate battlefield you may be feeling gutsy, like maybe using some of that new found equity to become the next Trump is a sure win. While flipping homes can be a viable business model for the small investor you do need to be careful as the easiest mistake is biting off more than you can chew – and it can get you into trouble fast.

In many cities the bottom of the market has already passed; there is no guarantee that you’ll be able to flip even a bargain priced home for a profit if the market stays turbulent. It’s likely unwise to risk your just recovered mortgage status in today’s volatile and uncertain investor market — especially if you’re just getting back on your own feet.

Do you have questions about investing in Idaho real estate? Maybe you are a homeowner still underwater and not sure where to turn. Le Bois Realty can help you either way! We’re glad to help investors find great properties here in the Treasure Valley and we are especially adept at helping homeowners understand mortgage, foreclosure, and short sale processes. Contact us today to find out how we can help!