HUD HOME WITH 3 CAR GARAGE

HUD HOME FOR SALE

11577 W McGraw Drive, Nampa  ID  83686

Wow—what a buy!!  Well-kept HUD HOME containing 3 bedrooms, 2 bathrooms and 1398 square feet.  The interior contains plethora of tile along with vaulted ceilings, plant shelves, recessed lighting, a gas range and an oversized laundry area with shelving. The substantial lot is well kept and holds RV parking with dual gates, mature landscaping , an oversized back patio & no back neighbors.  Priced at only $70,000!

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 $70,000 while placing 3.5% down (4.25% interest rate—taxes and insurance(s) included) would be at or around $510.00  monthly—why rent?!?  **qualified 1st time homebuyers may be eligible for programs which offer $500 down payment options**

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Please visit https://trustidaho.com/search/#PropertyID=48022164 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!

Positive News for the Housing Market

Positive News for the Housing Market

There have been a number of mixed signals from the housing market—bursts of hope then a mix of sudden disappointing news. There has not been a solid indicator showing that a real recovery has taken place yet new data coming to the forefront makes me optimistic.

HOME SALES AND MEDIAN PRICING IS ON THE RISE.  Nationally, the average sales price w/in the past month (30 days) was nearly $190,000—up 7K from a month earlier. Home sale transactions were up 8.2% during this time.  All in all, the market is continuing its trek toward normalcy.

THE “SHADOW INVENTORY” IS DIMINISHING. The “shadow inventory” is a term for homes which have been foreclosed upon yet have not hit the public market or homes in which the owners are drastically behind on their payments and are on the verge of foreclosure. There were approximately 1.5 million homes which could be considered a part of the shadow inventory.  This equals a 4-month housing supply—down from a 6 month supply the same time last year.  A minimal shadow inventory is positive for hoem pricing since it means that there will be less distressed homes coming to the public market.

FORECLOSURES ARE UP. Late in 2010, the robo-signing scandal emerged over the banks faulty foreclosure filings which cut back on the processing of foreclosures.  This built up a backlog of distressed property.  Recently, banks agreed to a 25 million settlement and updated data is showing that lien holders are restarting the foreclosure assembly line.  In May there was  a 9% increase in foreclosure filings from April of 2012.  Obviously, the foreclosure up-tick huts those who are locing their homes yet helps the housing market in the long run.

BORROWERS ARE BUILDING MORE EQUITY IN THEIR HOMES.  Homeowners have made the largest jum in building equity within their home in more than 6 decades.  Nearly 50% of the borrowers which are refinancing pay down some of their debt. Some are also refinancing into 15 year mortgages that have higher monthly payments yet enable the loan to be paid much more quickly. All of this said, mortgage debt is down 7% since ’07.  This, of course, is just a small consolation for the overall decline in home values of 23% since that same time period.

Unless something comes along to dent the economy and housing market, the overall housing outlook should become even better.  Fingers (and toes) crossed!!

30-Year Mortgage Interest Rates Decrease to 3.66%

30-Year Mortgage Interest Rates Decrease to 3.66%

For the 7th time in eight weeks, the average interest rate on 30-year fixed mortgages fell to record lows.  These low interest rates have helped with the recovery of the weak housing market so far this year.

Freddie Mac stated today that the average 30-year fixed mortgage dropped to 3.66% which is down from 3.71% last week (the lowest since long term mortgages began in the 50’s).

The typical interest rate on a 15-year mortgage declined to only 2.95%–down from 2.98% last week and a smidge above the record low of 2.94% hit 2 weeks ago.

Amazingly enough, the interest rate on a 30-year mortgage has held below 4% since December—wow!

Lower rates will continue to help the economy—especially if home owners continue to refinance their higher interest rates to the current mortgage interest rates. Doing so will provide more funds which can be used to fuel the economy (lower interest rate=lower payment).

Unfortunately, home sales remain well below healthy levels.  Nationally, sales of occupied homes slid in May to an adjusted rate of 4.55 million even though home sales have increased from #’s obtained at the same time last year.

Although interest rates are low, some individuals are still unable to qualify or are unable to afford the larger down payments required.  Some potential home purchasers are also hesitant to purchase due to the fear of home pricing declining further.

Mortgage rates continue to drop due to the rates being “aligned” with the 10-year Treasury note.  Economic uncertainty has led investors to purchase more Treasury securities which most consider a “safe investment”.  As the demand for Treasury notes increases, the yield falls and so do interest rates.  Amazingly enough, however, the Treasury yield will most likely fall to a lower level since the Federal Reserve will continue selling short-term Treasury’s while using the proceeds to purchase longer-term Treasury notes. The goal, of course, is to drive long-term interest rates lower in order to encourage more borrowing, and most importantly, spending.

Keep in mind that the interest rate of 3.66% does not include fees or points which may increase the interest rate.  One point typically equals 1% of the loan amount and the average fee for 30-year loans was .7 points.

Interested in taking advantage of the historically low interest rates?  If so, please call me directly for a no-obligation consultation.  208-869-3469 . . .

“Like New” HUD home for sale

HUD HOME FOR SALE

3534 S Rock Springs Way  Nampa, ID  83686

Nearly new HUD HOME containing 4 bedrooms, 2 bathrooms and 1421 square feet!  Clean and ready to move into, this home boasts a flex/bonus room, tiled entry, rounded corners, vaulted ceilings, & recessed lighting. The great room design is perfect for entertaining. Exterior features include: East facing backyard/patio, sprinklers & low maintenance vinyl siding.  Priced at only $93,000!

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 $93,000 while placing 3.5% down (4.25% interest rate—taxes and insurance(s) included) would be at or around $695.00  monthly—why rent?!?  **qualified 1st time homebuyers may be eligible for programs which offer $500 down payment options**

Please visit https://trustidaho.com/search/#PropertyID=47827495 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 $800 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!

 

Another well-priced HUD Home for Sale

HUD HOME FOR SALE

16673 N Liverpool Lane  Nampa, ID  83687

HUD HOME located just a hop-skip & jump from I-84! 3 bedrooms, 2 bathrooms and 1346 square feet.  The interior is open & bright, containing vaulted ceilings, ceiling fans, recessed lighting, plant shelves & a large bonus room. Exterior features include low maintenance vinyl siding, a cozy front porch, mature landscaping w/rose bushes & 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 (4.25% interest rate—taxes and insurance(s) included) would be at or around $490.00  monthly—why rent?!?  **qualified 1st time homebuyers may be eligible for programs which offer $500 down payment options**

Please visit https://trustidaho.com/search/#PropertyID=4767252447641771 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!

WELL PRICED HUD HOME FOR SALE

HUD HOME FOR SALE

2509 Sugar Cane Dr  Nampa, ID  83687

HUD HOME situated in a well-established location near I-84 and amenities of all types.  Interior features include beautiful pre-finished hardwood flooring, an open kitchen with a plethora of storage, updated vinyl windows and ceiling fans. The exterior contains mature landscaping, covered front and back porches along with a storage shed. Priced at only $41,000–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 $41,000 while placing 3.5% down (4.25% interest rate—taxes and insurance(s) included) would be at or around $340.00  monthly—why rent?!?  **qualified 1st time homebuyers may be eligible for programs which offer $500 down payment options**

Please visit https://trustidaho.com/search/#PropertyID=47641771 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!

HUD HOME With 3 Car Garage!

HUD HOME FOR SALE

336 N Coppertree Dr  Nampa, ID  83686

HUD HOME situated w/in an established, well-kept community and containing 3 bedrooms, 2 bathrooms and 1124 sqft. Interior amenities include an open kitchen w/crown molding, vaulted ceilings, rounded corners, plant shelves & a gas fireplace. Exterior features include a private back yard w/no rear neighbors, RV parking, back patio & an over-sized 3 car garage. Priced at only $69,000.  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 $69,000 while placing 3.5% down (4.25% interest rate—taxes and insurance(s) included) would be at or around $440.00  monthly—why rent?!?  **qualified 1st time homebuyers may be eligible for programs which offer $500 down payment options**

Please visit https://trustidaho.com/search/#PropertyID=47451591 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!

$33,000 for a HUD Home?? It’s True . .

HUD HOME FOR SALE

915 Hawaii Ave  Nampa, ID  83686

HUD HOME located w/in an established neighborhood minutes from NNU & St Alphonsus.  Containing 2 bedrooms, 1 bathroom and 813 sqft, this home is situated on a 4791sqft lot with an abundance of mature landscaping.  Interior features include vaulted ceilings, plant shelves, recessed lighting, a nicely sized kitchen and hardwood entry.  The exterior has a cozy front porch, 2 storage sheds, a garden area, back patio & a fully fenced back yard with RV parking potential.  Priced at only $33,000!  Call today for additional information or 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 $33,000 while placing 3.5% down (4.25% interest rate—taxes and insurance included) would be at or around $345.00  monthly—is this real?!?  **qualified 1st time homebuyers may be eligible for programs which offer $500 down payment options**

Please visit https://trustidaho.com/search/#PropertyID=47301740 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!