Here's a quick little update to this property. To cut to the chase, we received an acceptable offer in 12 days! I know, I know... even in today's market. This seller just closed --21 days after hitting the market. Basically, we did it right! Here's what we did...

Predicting the future is never easy and seldom possible but there are lot's of people trying to do it. Here's my stab at it along with year over year review of the Boise housing market. Hopefully this should be insightful. 

CBS Story Sunday night on SIXTY MINUTES. Bet you didn't know it would last this long did you.

Market Conditions for Bedford Place Subdivision, meridian Idaho

Mr Housing bubble (not to be confused with Mr Internet Bubble) is here and he's been scrubbing away equity all over our Treasure Valley. He's been popping make-believe values in every segment of our real estate market. And when equity suddenly disappears, it causes nasty financial messes for everyone; including the County Assessor --who collects property tax from you. 

Bear Creek is a development in South West Meridian that makes up about 400 homes.There's a gated section to the development and a very large community park. Here's a quick market assessment..

I'm sure you've seen the billboards or the road side signs pitching "we buy houses for cash". Bet you are wondering what the deal is with that pitch. Let me tell you.

Glossary Of Terms

Idaho Foreclosure Law Summary

Quick Facts

• Judicial Foreclosure Available: Yes

• Non-Judicial Foreclosure Available: Yes

• Primary Security Instruments: Deed of Trust

• Timeline: Typically 150 days

• Right of Redemption: Judicial Foreclosure Only

• Deficiency Judgments Allowed: Yes

• Idaho Foreclosure is primarily Non-Judicial.   More than 98% of foreclosures are Non-Judicial

• MANNER OF FORECLOSURE – Non Judicial

Seven Auctions for today