Idaho Real Estate News and Community information

So you want to buy an Idaho Bank-owned (REO) or Short Sale property?  Great!  Bank-Owned and Short Sales are a great place to look when buying an income property or a personal residence.    Idaho Bank-Owned and Idaho Short Sales are slightly different than a typical transaction.  Here are some ti...

What is an Idaho Short Sale? A Short Sale is when you need to sell your property but you owe MORE on the property than what you could sell it for.  You are asking the lien holder (Bank) to accept a lesser amount as payment in full. Let's say you bought your home in 2006 and paid $300,000 for it. ...

Foreclosures are on the rise across the country, and Idaho is not immune to this trend.  The Idaho Business Review recently reported " Idaho ranked 10th in home foreclosure rate in November, with one of every 479 households in some stage of foreclosure," This means more and more homes in Idaho wi...