Posts Tagged ‘Meridian Id Real Estate AGent’

Tax Benefits of Owning a Home

Monday, June 22nd, 2009

Before a home owner curses the troubled housing market, he or she should take solace in the U.S. tax code, which makes buying a home a good deal for almost everyone.

Here’s why:

Mortgage interest deductions, including in some cases mortgage insurance premiums, reduce home owners’ tax liability by reducing income. The deduction includes interest paid on both a first and a second home.

Interest on home equity loans is also deductible — whether the borrower uses the money to remodel the kitchen or to take a vacation to Disney World.

Profits from selling a house are potentially a huge windfall. When a home owner sells a primary residence, any profit on the sale of the property is tax free up to $250,000 for single home owners and $500,000 for married home owners filing. Any profit above that is nearly always a long-term capital gain taxed at 15 percent — less if the seller’s tax rate is less than 20 percent.

Home owners can itemize. That opens up opportunities to deduct a host of other items that wouldn’t be deductible if the taxpayer took the standard deduction.

Source: The Boston Globe, Leonard Wiener (03/02/08)

Copyright National Association of REALTORS®, Reprinted with permission.
My Listings Meridian Id Home Search
   

Tom Zumwalt, e-Pro Realtor
Licensed in Idaho

Cell: 208-861-2344
E-Mail Tom

SilverCreek Realty
254 S Cole Rd
Boise, Id 83709
208-377-0422

Houses for Sale strategies in the foreclosure market

Monday, June 22nd, 2009

Houses for sale in the foreclosure market have increased by 80% since the year 2005, at present the real estate and property market is also in a crisis. Much like many other financial markets! This makes it simpler than ever for home buyers and investors to purchase houses for sale in the foreclosure market. It does not take and experienced investor to take advantage of the present buyers market, there are a glut of foreclosure houses for sale presently. Both governments owned, and lender or bank owned.

There are three methods we are discussing the purchase of foreclosure houses for sale in pre-foreclosure phase. It is a process more difficult and the investor must really do their homework. It means finding the places where the houses for sale in pre-foreclosure are trying to negotiate with a landlord, what links are on the property, inspecting premises, and calculate all costs in order to and provide to the lender and the bond holders and the owner. The owner may negotiate a sale with their lender during this phase, and if they did, to find a buyer would be to their advantage. By running an ad that reads "Properties acquired values" may be a way of attracting future pre-lock owners to your opinion.

The second method is the foreclosure of the mortgage whose auction houses go. Many are purchased by the lender and become their property, many are bought by investors. Buy houses for sale during the auction phase also required the same amount of preparation for the purchase of the pre-entered.

The third method is to purchase houses for sale that they were closed and the auction and property of the bank. This method is easier to buy houses for sale in this market, like all preparation has been done for you. It is also less risky, especially for a new investor, and some bargains in this market can be found.

Whatever method you want to buy houses for sale in the foreclosure market preparation, research and education are key to success. Do your homework and find everything you can with regard to the property and you just might find a nice house on the hands.

About the Author:
Mark Zagorski is founder of the zaglist a real estate listings website that provide the info of houses for sale and for rent, apartments for sale and for rent and townhouses for sale and for rent.

My Listings Meridian Id Home Search
   

Tom Zumwalt, e-Pro Realtor
Licensed in Idaho

Cell: 208-861-2344
E-Mail Tom

SilverCreek Realty
254 S Cole Rd
Boise, Id 83709
208-377-0422

Boise Ranked #9 By Forbes!

Sunday, March 29th, 2009

March 25, 2009. Boise rated #9 by Forbes Magazine for Best Places For Business And Careers. Forbes.com says Boise is the ninth best place among 200 largest metropolitan areas in the country for business and careers. Forbes rated cities based on 11 criteria. They include job growth over time, labor supply, crime rates, and local colleges. Forbes also included two new statistics to its annual survey: job projections and the ratio of subprime mortgages to loan originations for the last three years. Boise ranked in 17th place as the lowest cost of doing business and the in the country and 47th best projected job growth at 0.5 percent. Forbes found nearly 17 percent of mortgages written between 2005 and 2007 fell into the sub-prime category compared to Huston TX at 22.7%, Baton Rouge LA at 21.5%, and Chicago IL at 22.7%. Overall, Boise has a bright future and will continue to grow.

My Listings Meridian Id Home Search
   

Tom Zumwalt, e-Pro Realtor
Licensed in Idaho

Cell: 208-861-2344
E-Mail Tom

SilverCreek Realty
254 S Cole Rd
Boise, Id 83709
208-377-0422

Do Consumers Follow Brands Or Agents?

Tuesday, February 3rd, 2009

Do consumers follow brands and not agents? I’ve been surveying my clients at closing as to why they used me as their real estate agent. I got some interesting answers! Some of my clients said they called me because of past business, some found me on the internet, and some were referred by friends, family, or past clients. The biggest surprise comes when you ask if they know what brokerage I work for? Most of them get a strange look on their face and say no. Some search madly in their wallet or purse for my card, but not one person could tell me off the top of their head who I worked for! At that point I would reassure them that not knowing who I worked for was the correct answer. Most of my business comes from the internet and a lot from out of state. The discussion continues as to how they found me on the internet, why they used my website, and eventually called me. They tell me they did a search on one of the major search engine for real estate or homes in our area and found my website, saw the flashing home search button, clicked on it, and started searching for homes in the Meridian Id area. I’m told the home search is easy to use, you can save listings, and find out more information about listings than on other sites. I’ve even been told that they might find a listing on another site but return to my website to research the listing because there’s more information about the listing on my website. They tell me they bookmark my website so they can return and continue to us it and when they find a home they would like to look at they either email me or call me to set up an appointment. And remember, all this time they haven’t even paid any attention to what company I worked for, all they were interested in was getting provided the service they were looking for! That service was being able to search for homes and not be bothered. You see when you click that flashing home search button, it does not ask for your name, email, telephone number, address, first born, or anything, it just allows you to search for homes in the Meridian Id area! As far as I’m concerned, my websites are a service to the people and if I provide them the service they are looking for they will keep coming back to that website and eventually email or call me to show them homes. Being a real estate agent is a service business, agents are here to serve you the client, not to treat you like some kind of unconvinced to tolerate!

So, what I’ve found out is that the consumers out there don’t care if I work for some Big Box Company, they don’t care what the name of the compay is that I work for, but what they care about is being provided the service they are looking for and being treat with courtesy. Today there is a move going on toward more virtual offices and less brick and morter office. The internet real estate agent working from a home office is the future. The old idea of the bigger franchised offices is slipping away to smaller brick and morter offices with agent working from home communicating with clients by phone, email, and emailing documents to clients, lenders, and title companies. The Future Of Real Estate Is The Internet! I hope our paths cross if you are searching for a home in the Nama Id area!

Thanks! Have A Teriffic Day!

Tom Zumwalt, ePro Realtor©

My Listings Meridian Id Home Search
   

Tom Zumwalt, e-Pro Realtor
Licensed in Idaho

Cell: 208-861-2344
E-Mail Tom

SilverCreek Realty
254 S Cole Rd
Boise, Id 83709
208-377-0422