HomesWithJosh - Boise Idaho Real Estate
Boise, Meridian, Eagle, Nampa Real Estate
This is a very clean short sale located in Royal Meadows Subdivision in South Nampa. 4 berooms 2.5 baths 3 car garage and no neighbors directly behind. 2106 sqft. is maximized with this smart floorplan. Asking price is $114,368 call Josh Groesbeck 208-353-7131 to set up your private showing.
www.homeswithjosh.com or josh@homeswithjosh.com
You or someone you know may need my help….
Boise short sale deal in West Boise!! 3001 Bryson offers 2 beds 1 bath with all the nice updates. Fully fenced backyard with nice sized tool/garden shed. Location provides easy access to all Boise has to offer. $72,368 Visit www.homeswithjosh.com and enter mls#98449813. Call Josh Groesbeck direct 208-353-7131 or josh@homeswithjosh.com to set up your private showing.
If you or someone you know is experiencing hardship and are looking to avoid foreclosure Josh has been specifically trained to negotiate short sales..208-353-7131
Boise State Broncos and ESPN game day are finally here!! Fiesta bowls victories with undefeated seasons all the talk about this great program and ESPN finally gets it right. Saturday September 25th 2010 should be marked on your calendars as this not only huge for Boise it is just as large for the state of Idaho. Getting more of this national attention drives interest to Idaho. It has been said many times even if your not a BSU fan or college football fan how can you not be excited for an organization that is doing so well. The Boise Open is bringing lots of action to Boise local business’s and it is also on the Golf Channel for four days which brings attention from thousands of people that may not even know where Idaho is.. There will be millions of people watching this and thinking wow this Boise looks like a place I want to be. Here it is: Top 5 college football program that is nestled in the middle of the city of trees that includes a river that flows down through the heart, mountain ranges surrounding, communities filled with the neighbors you like to know – I will say it again, I love being from Idaho it’s the place we call home.
Joshua Groesbeck
208-353-7131 or josh@homeswithjosh.com and of course www.homeswithjosh.com
The on-air personalities for ESPN’s College GameDay expect the 3-hour pregame show to originate from Boise State on Sept. 25.
Analyst Lee Corso triggered a round of banter among the show’s hosts Saturday morning when he said that Boise State doesn’t belong in the national championship discussion because of its schedule.
“And I’m saying it although we’re going to Boise State in a couple weeks,” Corso said on the air.
Show host Chris Fowler suggested that Broncos fans would remember that comment.
“That’ll be my kind of weather,” Kirk Herbstreit said.
“Won’t be his kind of crowd,” Fowler said, indicating Corso.
ESPN spokesman Mike Humes immediately tried to downplay the Boise State talk, but it’s clear the Boise State-Oregon State game is at the top of the list for Sept. 25.
“(Corso) was just speculating in good nature,” Humes said by e-mail. “We still need to make sure everyone wins.”
Boise State could face competition from the Alabama-Arkansas game that day. That contest has the potential to become a Top 15 blockbuster if the Razorbacks win this week at Georgia.
But if No. 3 Boise State (at Wyoming) and Oregon State (vs. Louisville) win Saturday as expected, it looks like one of college football’s coolest events will originate from the Boise State campus.
The Broncos and Beavers meet Sept. 25 at Bronco Stadium in a game slated to air on ABC, ESPN or ESPN2 (time TBA).
GameDay never has been to Boise, but it has flirted with the idea twice, most recently for last year’s Boise State-Idaho game.
This year, like last year, ESPN has sent Boise State preliminary information about what is required for a host site. ESPN targets a few games per weekend about three weeks in advance and then tweaks the list as games are played, Humes said.
The GameDay producers and on-air personalities usually come to a consensus Sunday morning about the site for the following weekend. They look for the biggest game of the day and compelling storylines, Humes said.
“You have to look at the full matchup,” Humes said.
And that has been the problem in getting GameDay to Boise. The Broncos’ best home games usually are played on weekdays. This year, though, the Broncos’ most-attractive home game falls on a Saturday.
Other notable games that day include Oklahoma-Cincinnati, West Virginia-LSU, UCLA-Texas, South Carolina-Auburn and Stanford-Notre Dame.
We all have different reasons why and when we purchase a home. Home prices have tumbled from a false appreciation that occurred during the boom years has left many of use cringing as our equity has been wiped leaving us even with our value or in most cases upside down in our mortgage. Buyers are wreaking the rewards from the high volume of homes that are currently on the market. If you can qualify to purchase a home the world is your oyster or in housing terms your dream home awaits you. Home loan interest rates are best we have ever seen and history shows when you are trying to time the absolute bottom of a market chances are it will have already hit and start back up. In closing I say keep your eyes on the housing market and look for your home in your area chances are you might just find a place to call yours. Please feel free to call Josh Groesbeck 208-353-7131 or josh@homeswithjosh.com for assistance.
10 Reasons to Buy a Home
Time magazine is being overly pessimistic in its recent cover piece that called into question the benefits of homeownership. In fact, now is a great time to buy. And, what’s more, tomorrow will be a great time to own, because the fundamental strength of homeownership hasn’t changed.
Why is now a great time to buy? Here are 10 reasons:
1. You can get a good deal. Prices are down 30 percent on average. They’re at a level that makes sense for people’s income.
2. Mortgages are cheap. At 4.3 percent on average for a 30-year fixed-rate mortgage, your costs to own are down by a fifth from two years ago.
3. You can save on taxes. When you add up the deductions for mortgage interest and others, the cost of owning can drop below renting for a comparable place.
4. It’ll be yours. The one benefit to owning that never changes is that you can paint your walls orange if you want (generally speaking; there might be some community restrictions). How many landlords will let you do that?
5. You can get a better home. In some markets, it’s simply the case that the nicest places are for-sale homes and condos.
6. It offers some inflation protection. Historically, appreciation over time outpaces inflation.
7. It’s risk capital. If the economy picks up, you stand to benefit from that, even if you’re goal is just to have a nice place to live.
8. It’s forced savings. A part of your payment each month goes to equity.
9. There is a lot to choose from. There are some 4 million homes available today, about a year’s supply. Now’s the time to find something you like and get it.
10. Sooner or later the market will clear. The U.S. is expected to grow by another 100 million people in 40 years. They have to live somewhere. Demand will eventually outpace supply.
Source: Wall Street Journal, Brett Arends (9/16/10)
Repossed Homes Hit All Time High in August. Some say recovery may not be until 2014. If you or anybody you know is looking for help in this market please feel free to call Josh Groesbeck 208-353-7131 or josh@homeswithjosh.com and always visist www.homeswithjosh.com
The nation’s banks repossessed a record number of homes in August, according to industry sources. RealtyTrac, an online foreclosure sale site, will release its monthly numbers on Thursday, but sources there confirm the number of repossessions will come in just shy of 100,000 for the month.
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CNBC.com
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That is the highest since the site began tracking in 2005. July’s repossession number was the second highest on record. The last highest was 93,777 in May of 2010.
Notices of Default, which are the first step in the foreclosure process, are up slightly but mostly thanks to a jump in California, where the numbers had been artificially low of late, as banks tried to modify borrowers.
“With respect to the NOD increase, I think it is the modification redefault wave beginning to build and new modifications slowing to a trickle, indicating banks have lost their primary borrower re-leveraging tool,” says mortgage industry consultant Mark Hanson.
Yesterday J.P. Morgan Chase [JPM 41.07 
0.35 (+0.86%) 
] cited the “shadow inventory” of foreclosed properties as one of their primary reasons for pushing back their expectations for a housing recovery as far as 2014. No question, a growing supply of repossessed properties will put further downward pressure on home prices, especially given the current 12.5 month supply of existing homes already for sale.
The question now is: Where does the government go from here? Some argue that housing needs to correct on its own, without artificial stimulus, as painful as it will be, in order to recover fully. What the Obama Administration has to decide is, will that correction, involving millions of foreclosures, take too large a toll on the greater economy?
Homedale Idaho Horse Property 2311 Lower Pond Lane. This 3 bedroom 2 bath 2 car garage home sits on 2.30 acres. $159,368
2 seperate pastures both irrigated by corrigated pipe
Three seperate horse paddocks on the back side of an insulated barn
Barn has dirt floor
Garden area
Small “orchard” of trees
Since it is on a corner, the property can be accessed from both sides
Lots of parking for horse trailers, ect
Lots of mature trees
Garden shed
Private well and septic
For more information call Josh Groesbeck 208-353-7131 or josh@homeswithjosh.com and always use www.homeswithjosh.com to search all homes on the Intermountain Mulitple Listing Service.
Idaho has me getting ready for fall season. Wow, the fall is fast approaching us just look outside- For me golf season is leaving once again to my chagrin and chores a round the house are becoming priorities not to be ignored. Again the planters and gutters need cleaned out and that is only the beginning. Many other things in our life just like spring cleaning need to be done. Organize what has been thrown into the mix from 2010- Bills, cars, electronics, home decor etc.. This is a good time to start getting all parts of our lives in check from the 2010 year. By doing this it will help make the winter months more focused for holiday family fun while we are gearing up for 2011 and the great opportunities that are ahead of us. Hope these links give you some ideas. Of course if you have some of your own please post back to my site. Always free up some time to follow our Boise State Broncos and their run for a BCS championship.
Joshua Groesbeck www.homeswithjosh.com
208-353-7131 or josh@homeswithjosh.com
source: house keeping guide
Look for qualification under mortgage letter link- Josh Groesbeck 208-353-7131 or josh@homeswithjosh.com and www.homeswithjosh.com
Nearly a quarter of U.S. homeowners with a mortgage owe more on the loan than their home is worth, and home prices are threatening to fall further and push even more borrowers underwater. The Federal Housing Administration (FHA), though, is throwing out a lifeline.
Starting September 7, the federal agency will offer new FHA-insured mortgages to certain underwater, non-FHA borrowers who are current on their mortgage payments and whose lenders agree to write off at least 10 percent of the unpaid principal balance.
This last part could prove to be the caveat that leads the new FHA refi program down the same road as the federal government’s other housing programs – a road of below par results and public criticism.
Lenders are fantastically reluctant to write down mortgage principals. It would mean either they or their mortgage investors would have to eat the amount of debt that’s forgiven, and it could set a precedent that a loan contract is not a contract at all if the terms spelled out in black and white can be changed based on market nuances, such as a slump in real estate values.
The FHA refi program for underwater borrowers was originally announced in March as part of the administra-
tion’s expanded foreclosure prevention strategy. On Friday, FHA and HUD published a mortgagee letter explaining to lenders the details of the new negative equity refinancing program.
To be eligible for a new loan, the homeowner must owe more on their mortgage than their home is worth, be current on their existing mortgage, and occupy the property as their primary residence. The homeowner must qualify for the new loan under standard FHA underwriting requirements and have a credit score equal of at least 500.
Participation in the program is voluntary and requires the consent of all lien holders. The borrower’s existing first lien holder must agree to write off at least 10 percent of their unpaid principal balance to bring the borrower’s combined loan-to-value ratio to no more than 115 percent.
In addition, the existing loan to be refinanced must not be an FHA-insured loan, and the refinanced FHA-insured first mortgage must have a loan-to-value ratio of no more than 97.75 percent.
To facilitate the refinancing of new FHA-insured loans under this program, the Treasury will provide incentives to existing second lien holders who agree to full or partial extinguishment of the liens.
Servicers planning to take part in the new program must execute a Servicer Participation Agreement (SPA) with Fannie Mae by October 3, 2010.
HUD says interested homeowners should contact their lenders to determine if they are eligible and whether the lender agrees to write down a portion of the unpaid principal.
FHA Commissioner David H. Stevens, said, “This is another tool to help overcome the negative equity problem facing many responsible homeowners who are looking to refinance into a safer, more secure mortgage product.”
Source: DS News
Another great reason to live in Idaho. Boise State Broncos 2010 BSC Champions.. Today our beloved Broncos start their march towards the top-BSU 20 VT 17. As a native Idahoan I have had the opportunity to grow up with what used to be a state college with blue turf and tail gaiters. Over the years that team has become bigger than that blue turf and the tail gaiters have become BRONCO NATION! Enjoy the video highlights.
