Becoming a home owner will most likely never be as inexpensive as what it is today.  Real estate experts surmise that the year of 2012 will be the last chance for potential home purchasers to take advantage of the best buys of the weak housing market.

With mortgage interests rates at record lows and home prices down nearly 40% nationally since 2006, buying real estate has never been more affordable.  Unfortunately, all good things will eventually come to an end.  The chief economist for PNC Financial Services says that he believes home prices will stabilize by the 3^rd quarter of 2012 and start increasing by 2013.

The decline in the amount of foreclosures along with (and most importantly) positive job growth will continue to help with the real estate market rebound.  Additionally, home purchasers should have access to mortgages as credit scores and personal finances begin to recover.

Prospective home purchasers currently sitting on the fence shouldn’t fret too much if not quite ready to pull the trigger.  Most real estate experts predict that the initial price gains will be modest in most market.  Interest rates, on the other hand, may being their incline at a more rapid pace.

Interested in taking advantage of the currently real estate market?  If so, call me directly for a free consultation:  208-869-3469

3324 E Rock Court   Nampa, ID  83687

HUD HOME containing 3 bedrooms, 2 bathrooms and 1144 square feet! Located in an established & well-kept community, this home is in very good condition & is located just a hop-skip & jump from the freeway. The interior is open & bright, containing vaulted ceilings, recessed lighting, plant shelves & a split bedroom design. The kitchen overlooks the living area—ideal for entertaining. The exterior holds an oversized back patio (perfect for spring/summer BBQ’s), an abundance of fruit trees & RV parking potential. Priced at only $67,000.  Call today to view the interior!

The seller of this HUD home for sale may provide a closing cost credit of 3% to be included with the purchase of this home.

An approximate monthly payment for this HUD owned Nampa home for sale at the asking price of $67,000 while placing 3.5% down (4.5% interest rate—taxes and insurance(s) included) would be at or around $425.00  monthly—why rent?!?  **qualified 1^st time homebuyers may be eligible for programs which offer $500 down payment options**

Please visit http://www.trustidaho.com/search/#PropertyID=46688720 to view detailed information and additional photos of this HUD home for sale.

**INVESTORS—call me now if you’re sick and tired of your hard earned funds sitting in non-performing stocks or low interest bearing savings accounts.  The time is NOW to invest in real property that will obtain at least $650 per month in rental income (not to mention future pricing appreciation).

Interested in obtaining information on all HUD owned homes for sale?  I am happy to forward a list of available HUD owned homes within 24 hours upon obtaining your request.  Please call me at 208-869-3469 or send your request to:  matt@trustidaho.com

Call today for additional information or to view the interior of this or alternate HUD  homes for sale!

The push toward a 15-year fixed mortgage rate has never been more appealing because the interest rate benefit over the 30-year fixed rate has never been larger.  The rate benefit on a 15-year fixed rate in comparison to a 30-year fixed rate is about .875%.  Prior to the real estate crisis, the difference between a 30-year fixed rate and a 15-year fixed rate was .375% to .5%.

For example, there are 2 $100,000 loans—one which is involved in a 15-year mortgage at 3.125% and the other at a 30-year fixed rate at 4%.  At the 30 year plan the monthly payment is $477.42 and at the 15-year plan the monthly payment is $696.61.  After just 15 years, the borrower with the 15-year fixed rate mortgage has paid 39K+ more but is out of debt whereas the borrower with the 30-year mortgage still owes $64,543.

Granted, there is a flip side.  A well-qualified borrower could use the 30-year loan and invest the difference in in payment from a 15-year mortgage to a 30-year mortgage.  Thus, offsetting the higher interest rate on the 30-year mortgage.   Some financial advisors recommend this type of approach to build wealth more quickly.

The challenge with making a program such as the one mentioned above work is that the rate of return on the cash invested must exceed the rate on the 30-years loan.

Another option is to obtain a 30-year mortgage yet pay the mortgage as if using a 15-year mortgage.  By doing this, the homeowner would have the option to pay the lower monthly payment during a difficult financial month yet will still decrease the principle balance drastically when paying additional money toward principle on the “good months”.

724 S Valley Dr  Nampa, ID  83686

HUD home situated within a well-established neighborhood near medical services & shopping and containing 3 bedrooms, 2 bathrooms and 1438 square feet. The interior contains vaulted ceilings, ceiling fans, recessed lighting, window seats, some updated fixtures & a separate family room/office. The master suite is over-sized & the kitchen holds a corner pantry. The exterior is fenced & has a covered back patio. Priced at only $74,000.  Call today to view the interior!

The seller of this HUD home for sale may provide a closing cost credit of 3% to be included with the purchase of this home.

An approximate monthly payment for this HUD owned Nampa home for sale at the asking price of $74,000 while placing 3.5% down (4.5% interest rate—taxes and insurance(s) included) would be at or around $575.00  monthly—why rent?!?  **qualified 1^st time homebuyers may be eligible for programs which offer $500 down payment options**

Please visit http://www.trustidaho.com/search/#PropertyID=46259919 to view detailed information and additional photos of this HUD home for sale.

**INVESTORS—call me now if you’re sick and tired of your hard earned funds sitting in non-performing stocks or low interest bearing savings accounts.  The time is NOW to invest in real property that will obtain at least $650 per month in rental income (not to mention future pricing appreciation).

Interested in obtaining information on all HUD owned homes for sale?  I am happy to forward a list of available HUD owned homes within 24 hours upon obtaining your request.  Please call me at 208-869-3469 or send your request to:  matt@trustidaho.com

Call today for additional information or to view the interior of this or alternate HUD  homes for sale!

2822 E Maryland Avenue  Nampa, ID  83686

Great neighborhood, great buy!!  Encompassing 4 bedrooms, 2 1/2 bathrooms and 2499 square feet, this HUD home for sale is located in a well-established community near medical services, shopping and I-84The main level has an office and the master suite with vaulted ceilings, dual vanities, a garden tub & walk-in closet. Interior amenities include: cathedral ceilings in the living room, transom windows, durable flooring, crown molding, recessed lighting, ceiling fans in every room & a wonderful kitchen w/gas range. The exterior has a covered back deck, sprinklers & 2 RV parking spaces.   Priced at only $126,000.  Call today to view the interior!

The seller of this HUD home for sale may provide a closing cost credit of 3% to be included with the purchase of this home.

An approximate monthly payment for this HUD owned Nampa home for sale at the asking price of $126,000 while placing 3.5% down (4.5% interest rate—taxes and insurance(s) included) would be at or around $955.00  monthly—why rent?!?  **qualified 1^st time homebuyers may be eligible for programs which offer $500 down payment options**

Please visit http://www.trustidaho.com/search/#PropertyID=45889129 to view detailed information and additional photos of this HUD home for sale.

**INVESTORS—call me now if you’re sick and tired of your hard earned funds sitting in non-performing stocks or low interest bearing savings accounts.  The time is NOW to invest in real property that will obtain at least $650 per month in rental income (not to mention future pricing appreciation).

Interested in obtaining information on all HUD owned homes for sale?  I am happy to forward a list of available HUD owned homes within 24 hours upon obtaining your request.  Please call me at 208-869-3469 or send your request to:  matt@trustidaho.com

Call today for additional information or to view the interior of this or alternate HUD  homes for sale!

Below you will find in-depth information which was provided by Park Place Property Management:

1212 W Aberdeen Ave  Nampa, ID  83686

Hurry, deals like this won’t be around for long!!  Encompassing 3 bedrooms, 2 bathrooms and 1149 square feet, this HUD home for sale is located in a well-established community near medical services and shopping. The interior is open & bright and contains vaulted ceilings, plant shelves, recessed lighting, tile back-splashes, ceiling fans, window seats and a garden tub in the master bathroom. The kitchen of this HUD home for sale has a breakfast bar, pantry & refrigerator. The exterior contains a large storage shed, back patio & has RV parking with dual gates.  Priced at only $61,000.  Call today to view the interior!

The seller of this HUD home for sale may provide a closing cost credit of 3% to be included with the purchase of this home.  Priced at only $120,000!

An approximate monthly payment for this HUD owned Nampa home for sale at the asking price of $61,000 while placing 3.5% down (4.5% interest rate—taxes and insurance(s) included) would be at or around $462.00  monthly—why rent?!?  **qualified 1^st time homebuyers may be eligible for programs which offer $500 down payment options**

Please visit http://www.trustidaho.com/search/#PropertyID=45519911 to view detailed information and additional photos of this HUD home for sale.

**INVESTORS—call me now if you’re sick and tired of your hard earned funds sitting in non-performing stocks or low interest bearing savings accounts.  The time is NOW to invest in real property that will obtain at least $650 per month in rental income (not to mention future pricing appreciation).

Interested in obtaining information on all HUD owned homes for sale?  I am happy to forward a list of available HUD owned homes within 24 hours upon obtaining your request.  Please call me at 208-869-3469 or send your request to:  matt@trustidaho.com

Call today for additional information or to view the interior of this or alternate HUD  homes for sale!

11230 W Silver River Loop

QUITE THE HOME!!  Encompassing 5 bedrooms, 3 bathrooms and a whopping 2814 square feet, this HUD home for sale is situated within an established area and is ready for immediate occupancy.  Containing an abundance of square footage, the main level holds both a living & family room with a see through gas fireplace. Alternate interior features include: ceilings fans, a spacious kitchen with island & corner sink, large bedrooms (one on main), a loft area & an oversized master suite with master bath & walk-in closet. The exterior is fully fenced, has a covered back patio and there are no back yard neighbors. Clean and well-kept—call today!

The seller of this HUD home for sale may provide a closing cost credit of 3% to be included with the purchase of this home.  Priced at only $120,000!

An approximate monthly payment for this HUD owned Nampa home for sale at the asking price of $120,000 while placing 3.5% down (4.5% interest rate—taxes and insurance(s) included) would be at or around $892.00  monthly—why rent?!?  **qualified 1^st time homebuyers may be eligible for programs which offer $500 down payment options**

Please visit http://www.trustidaho.com/search/#PropertyID=45398724 to view detailed information and additional photos of this HUD home for sale.

**INVESTORS—call me now if you’re sick and tired of your hard earned funds sitting in non-performing stocks or low interest bearing savings accounts.  The time is NOW to invest in real property that will obtain at least $650 per month in rental income (not to mention future pricing appreciation).

Interested in obtaining information on all HUD owned homes for sale?  I am happy to forward a list of available HUD owned homes within 24 hours upon obtaining your request.  Please call me at 208-869-3469 or send your request to:  matt@trustidaho.com

Call today for additional information or to view the interior of this or alternate HUD  homes for sale!

Below is a quick video where I breakdown the numbers in a way that is more digestible for those of us looking for the highlights and here is a link to the entire report:

http://parkplaceid.com/files/MSA2012VacancyReport.pdf

It is still an opportune time to be purchasing investment property.  Rental vacancy rates are at historic lows.   Also, monthly rental rates have increased substantial within the last 6 months.  To add some more icing to the cake, home pricing and interest rates are at all time lows.

Do you have cash in a savings or retirement account which is collecting returns of .35%-1%?  If so, convert your money into a tangible asset (an investment property) and obtain nearly a 10% return on your money (not to mention the future appreciation of your asset).

*Information provided within this post was brought to you by Park Place Property Management

18434 Admiral Way

Move in ready!!  Encompassing 4 bedrooms, 2.5 bathrooms and 1582square feet, this HUD home for sale is situated within an established area and is ready for immediate occupancy.  Being well-kept, this home is located within a well-established community near I-84 & shopping. Interior features include recessed lighting, vaulted ceilings, tile back-splashes, spacious bedrooms with window seats, raised vanities, a plethora of windows and 2 separate living areas. The exterior is well-groomed & holds mature landscaping, concrete curbing, rock beds & an East facing back yard. The seller of this HUD home for sale may provide a closing cost credit of 3% to be included with the purchase of this home.  Priced at only $92,000!  Hurry –deals like this won’t be around for long . . .

An approximate monthly payment for this HUD owned Nampa home for sale at the asking price of $92,000 while placing 3.5% down (4.5% interest rate—taxes and insurance(s) included) would be at or around $724.00  monthly—why rent?!?  **qualified 1^st time homebuyers may be eligible for programs which offer $500 down payment options**

Please visit http://www.trustidaho.com/search/#PropertyID=44720154 to view detailed information and additional photos of this HUD home for sale.

**INVESTORS—call me now if you’re sick and tired of your hard earned funds sitting in non-performing stocks or low interest bearing savings accounts.  The time is NOW to invest in real property that will obtain at least $650 per month in rental income (not to mention future pricing appreciation).

Interested in obtaining information on all HUD owned homes for sale?  I am happy to forward a list of available HUD owned homes within 24 hours upon obtaining your request.  Please call me at 208-869-3469 or send your request to:  matt@trustidaho.com

Call today for additional information or to view the interior of this or alternate HUD  homes for sale!