You can still get into a home before Christmas

Hello Buyers,

SE Idaho Real Estate News

We have a window to get you in a home before Christmas. There are still a lot of bargains to choose from. I can get you into the home of your choice within 30 days, and help you get financing.

If you see a home you want to go look at, give me a call. I usually will drop what I am doing to help you.

I look forward to working with you.

Thanks Burke Bennett
Broker of http://www.seidahohomes.com
I represent buyers for free and can show you any home on the market.

Snapshot of SE Idaho Real Estate in the last 30 days (Bonneville and Jefferson Counties)
Homes sold 120
New Listings 298

Price Reductions 287
Foreclosures 120
Rates off of Yahoo Finance

Loan Type Today
30 Year Fixed 4.20
15 Year Fixed 3.45


http://www.seidahohomes.com/agent/calc.php?username=burkebennett Figure your payment.

Find a Home below.

1-Make sure you write down the MLS (Multiple Listing Service) numbers of the homes you want to look at.
2-Email them to me, and I will set up the appointments.
3- I can meet you there at one of the homes.
4-It takes about 15 minutes to look at a home.
5-I have an electronic key that will let you in any home on the market.
6-Once we find one you want to buy, I can help you write an offer which takes 15 minutes.

Do your own searches at http://www.seidahohomes.com/agent/idx.php?username=burkebennett

I usually show homes in the afternoon and evenings. I typically set up the appointments in the morning or early afternoon.

SE Idaho Real Estate News 10/2011

SE Idaho Real Estate News

One of the most interesting articles in the paper this week was Frank Vandersloot, founder of Melaleuca, is now worth of a Billion dollars. When he started Melaleuca in 1986, they did $1,000,000 in sales. This year Melaleuca is set to sell close to a Billion dollars. As near as I know, I believe he is the only billionaire here in Idaho Falls.

This business creates multiple jobs here in Idaho Falls. Our economy here in SE Idaho is pretty strong compared to some parts of the nation. I heard that in California for every home for sale, 1 of them is a foreclosure.

Here in this area, it is currently 1 foreclosure for every 20 homes on the market.

I finished up refinancing my personal residence this week, and was surprised that my home has not dropped in value since I bought it. It just goes to show you that if you buy a home right, it will hold its value and go up in value when the market takes off.

Of course the best way to find a good deal is to check out my foreclosure, new homes, bargain homes, and homes with 100% RD financing. Homes across the board have dropped about 20% from the peak in 2007. Now is a great time to get into a new home.

Thanks Burke Bennett
Broker of http://www.seidahohomes.com
208 589 5599

Snapshot of SE Idaho Real Estate in the last 30 days (Bonneville and Jefferson Counties)
Homes sold 133
New Listings 273

Price Reductions 290
Foreclosures 121
Rates off of Yahoo Finance

Loan Type Today
30 Year Fixed 4.17
15 Year Fixed 3.45


http://www.seidahohomes.com/agent/calc.php?username=burkebennett Figure your payment.

Find a Home below.

1-Make sure you write down the MLS (Multiple Listing Service) numbers of the homes you want to look at.
2-Email them to me, and I will set up the appointments.
3- I can meet you there at one of the homes.
4-It takes about 15 minutes to look at a home.
5-I have an electronic key that will let you in any home on the market.
6-Once we find one you want to buy, I can help you write an offer which takes 15 minutes.

Do your own searches at http://www.seidahohomes.com/agent/idx.php?username=burkebennett

I usually show homes in the afternoon and evenings. I typically set up the appointments in the morning or early afternoon.

How to buy wholesale in the Idaho Falls Real Estate Market

So you want to buy wholesale?  The best way is to get on my email list  so you can get my newsletter every Monday.  The homes that are good deals are:  foreclosures, reduced homes, or bargain homes (list price divided by square footage.) 

When you get on my email list, I explain what is going on in the market.  What I sell are mostly foreclosures, new homes, and reduced homes.  I also sell a lot of homes that qualify for 100% Rural Development Financing.

I break down the market depending on what you want to search for.  Some people want acreage, some want a luxury homes, and some need a home under $100,000.

There are a lot of homes on the market just sitting there with the owner praying and hoping that someone will buy it.

I work with the working guy who wants to look at homes in the afternoon or evening.  I can also show homes on weekends.  I will work around your schedule.

I look forward to working with you.

Thanks Burke Bennett
Broker of http://www.seidahohomes.com
208 589 5599

What is currently going on in the Idaho Falls Real Estate Market

SE Idaho Real Estate News

There was an article in the paper about Areva hiring 1400 construction worker in the Spring of 2012, after the facility is built, it will create 400 permanent jobs.

The article also went onto say that because Areva is coming to town, that other businesses are planning on coming to town.

Jobs are what drive the real estate market.

Reduced homes with low interest rates, make SE Idaho the perfect storm.What I see is a window here.

I think that if you are thinking the homes will go lower, that it really is a gamble based on what I just wrote above.So if you see something you like, write down the MLS number of the home you like, and let's go look at homes. I can get you in a new home in 30 days.

Thanks Burke Bennett

Broker of http://www.seidahohomes.com

208 589 5599

Snapshot of SE Idaho Real Estate in the last 30 days (Bonneville and Jefferson Counties)

Homes sold 121

New Listings 269

Price Reductions 303

Foreclosures 119

Rates off of Yahoo Finance

Loan Type Today

30 Year Fixed 4.19

15 Year Fixed 3.49

Welcome to SE Idaho Homes

BUYERS BUYERS BUYERS Over 53894 visitors! Over 2000 subscribers!

Welcome to South East Idaho Homes.

Check out Burke Bennett Realtor/Broker for Idaho Falls, Rigby, Rexburg, and Shelley on video from Channel 3 news.
http://www.emailthis.clickability.com/et/emailThis?clickMap=viewThis&etMailToID=1485241805

BUYERS, Get on my Email List, and I can email you information for any type of property in SE Idaho. I can send you homes, farms, lots, multi-family housing, commercial property etc. I email you every week with updated property links by County. I respond to 100% of my emails.

If you tell me exactly what you are looking for, I can load you on my computer and send you new listings as they come on the market. Once you have done your homework, give me a call at 208 589 5599, and let's go look at your best picks. Read my write an offer section.

I will represent you as a BUYERS Agent, and I don't charge a commission for doing this. You definitely want someone to represent your BUYERS interests. If you go directly to the listing agent to buy, he has to represent the seller. See why you need a BUYERS agent to help write your offer? If you do not enter a BUYERS representation agreement, you will not be represented at all.

Get financing!

Karl Bowcutt
208 351 0388 Tell him Burke Bennett sent you for the best possible deal.
Fill out an online application at http://www.patriotlending.org  

You also need to tell me how much you want to finance or if you need help getting financing. Use your own banker or use my personal bank Patriot Lending Group.

Karl  number is 208 351 0388. He can tell you in a hurry what you can and can't do. Make sure you tell them Burke Bennett sent you so that you can get the best deal possible. He can do most loans in 1 to 4 weeks.

I can help you buy or sell homes in SE Idaho. The counties I work in are Bonneville, Bingham, Jefferson, Madison, and Fremont. Or Zip codes 83401,83402, 83403, 83404, 83405, 83406, 83442, 83440, 83444, 83274, 83427.

The cities I concentrate on are: Ammon, Archer, Hamer, Idaho Falls, Iona, Lewisville, Menan, Mud Lake, Rexburg, Rigby, Ririe, Roberts, Shelley, St Anthony, Sugar City, Terreton, and Ucon. If you really know what you want, I can work out of these areas.

One of the hottest trends in Idaho Real Estate is people from overpriced areas from all over the United States are moving here. A lot of clients simply can't believe what they get up here compared to where they came from. Idaho is one of the fastest growing states and is still very affordable.

Build a brand new home.

I wanted to tell you of a client of mine who used this program. He put $1000 down and picked the home of his dreams. He paid $228,000 total for this home. The home took 4 months to build. The home appraised for $290,000. That is $62,000 in equity in 4 months. Of course, you might not have that good of luck, but I wanted to share that for all my readers.

I have found a new builder who is head and shoulders above the rest. It doesn't cost you any extra if you use me as a realtor. If you want to build a new home, they can build one for you for only $1000 down OAC. They will work with you if you have less than perfect credit. I can take you to their awesome model home. They will build within 30 miles of Idaho Falls.

They have over 30 floor plans you can choose from. You can get a smaller plan, or build the largest one they have. The home won't cost extra if you use me as a realtor which makes it a win win for everyone. They will cash out the lot of your choice with only $1000 down. It takes about 5 months to build a home. This will also give you time to sell your home if you have one to sell.

You can have a multitude of options and upgrades. They can finish all or part of the home. They are easy to work with and to get financing is easy. They will even put in a lawn, sprinklers, and fence.

Call me or email me if you would like an appointment. Let's go walk through the model home and meet the owners.

Thanks Burke Bennett 208 589 5599 burkebennett@hotmail.com
http://www.seidahohomes.com/

Foreclosure update in SE Idaho 09/17/08

Every week I have practiced real estate I get asked about foreclosures.

People want my list of foreclosures.

I am going to tell you something really profound. Are you paying attention?

JUST BECAUSE SOMETHING IS A FORECLOSURE, DOESN'T MEAN IT IS A GOOD DEAL. (Repeat 3 times for full effect)

I once paid $50 for this secret that I am going to tell you.

The truth is that the fastest way to find the cheapest home on the market is to search by square footage.

So what you do is take the list price and divide it by the square footage.

The cheapest home on the market might be a foreclosure and it might be just a regular home that someone has put on the market.

I have sold many foreclosures. It has been my experience that they are sometimes fixer uppers, and sometimes they really aren't a good deal.

FORECLOSURES DOESN'T NECESSARILY EQUAL GOOD DEAL.

So if you want to find a bargain home or something that may be a foreclosure, ask me to send you all the homes in a square footage range.

For example, "Burke, I would like all the homes that are at least 2000 square feet or bigger in Bonneville county." You can even get more specific like, "Please send me all the 2000 square foot homes that are at least 3 bedroom 2 bath homes with a 2 car garage on 1 acre." Email me at burkebennett@hotmail.com with this request.

Target Home

I always recommend that you buy at least a 3 bedrooms and at least 2 bathrooms. If you can afford a two car garage, I recommend it. Also, I recommend you try and get at least 1000 square foot per level of home.

You get any smaller, and the home just seems too small.

I realize every one might not be able to afford this, but this is the median home that is the "bread and butter" home that I sell the most of.

I send you the email with the list of homes. Right before your eyes and within seconds, you will have found the best deal on the market.

Write down 5 to 10 multiple listing numbers that you want to go see. We can take some afternoon and hit all of them in 1 to 3 hours.

Of course, I highly recommend you walk through about 5 of them. If a home is $53 per square foot, but needs $10,000 worth of repairs, you can add that to the list price and then divided it by the square footage.

Is it still a good deal?

Questions you ask yourself are what about floor plan, neighborhood, repairs, etc etc. Sometimes I wouldn't touch the cheapest home on the market square footage wise with a ten foot pole, and you shouldn't either.

Remember, some day you are going to want to sell this home to someone else. You need to think neutral colors, practical floor plans, location, location, location.

I have advised some of my clients to not buy homes. They insist. Then two years later they call me and say sell that home. Can I sell it? Maybe, but sometimes the answer is no.

One home for example has the kitchen right as you enter the front door. I told the buyer don't buy this home, it really has a crappy floor plan. The rest of the home was awesome, but you walked right into the kitchen which say to the woman no way no how.

Then I tried to sell it. The owner wanted immediate feedback. What do you think everyone who walked through that home said? They all said that they didn't like the kitchen being right by the front door.

Another client, wanted a home in Bel Aire. Bel Aire is kind of a run down neighborhood in Idaho Falls. I told him not to buy it because of the location. What is the feedback on this home?
Noone wants to live in Bel Aire. Imagine that?

So, you need to look for a home where other people want to live that has a practical floor plan that almost anyone would love. Price is important, but not as important as the floor plan and location.

You may not be able to find the perfect home, but I have given you some really good suggestions to help you find a better home than most people would pick out on their own.

I use to kind of let the person do there own search plan. I still will, but if your goal is to buy something that you can get in and out of, let me coach you a little bit.

In my opinion, fixer uppers kind of tend to drain your cash, and really don't end up being that great of a deal.

People have this vision of putting in all this work into a home, and that some how it will raise the value by a gazillion dollars. Some of these guys are lucky to break even. Yes some make money, and that really depends on the deal.

I have had multiple people believe differently. Don't believe me. I will help you find out for yourself to find out what I am telling you is true.

I have found that banks (as sellers) really don't care if the home is a good deal. They sometimes will stick it on the market for what ever the home accross the street is.

They get a broker's price opinion like everyone else when they price their home. They hire a realtor.

The truth is I can't even search by foreclosures. Bank owned properties are listed side by side on the market with homes that aren't foreclosures.

I can tell you though once you pick your list of homes if any of them are foreclosures.

I swear people sometimes pile up 10 deep to get this wonderful deal, "The foreclosure." When really this is probably one of the most over hyped words in real estate history.

So if you want me to find you a good deal, be specific. Ask me to send you homes by square footage, or by acreage.

I bought a brand new brick home on the market that was 5000 square feet with 5 bedrooms, 5 bathrooms with a finished basement on 2.3 acres for only $53 per square foot.

This was not a foreclosure. It was the best home on the market for the price though, and magically enough has gone up in value over $100,000 since I have owned it because I bought it right.

Homes that are newer that are in a good location, and that are priced to move will appreciate a lot faster than an old home that needs tons of updates and repairs.

Sometimes the cheap old home is really not that cheap. Make sure you get a nice line of credit at the home depot if you don't believe me.

I have walked through total disasters of homes, and they only want $77 per square feet. People see the list price and think well, it's still $4000 cheaper than the home across the street.

When in reality, the home across the street is 800 square feet bigger and for only $4000 more dollars you are getting a better deal that will appreciate faster.

People look at the price tag, when really the formula needs to be List Price divided by square footage.

Right now we have several realtors who only deal with foreclosures. I have analyzed some of their listings and conclude that some are good deals, and some are just money pits that need a whole lot of work to get the home so it is saleable.

If you want a good deal, team up with me. I can find it in minutes.

I have had multiple classes on foreclosures, shortsales, wholesaling etc, but the formula that really makes sense is :TAKE THE LIST PRICE AND DIVIDE IT BY THE SQUARE FOOTAGE. (Repeat 3 times for full effect)

I just saved you $20,000 in educational costs.

Believe me that there is no magical secret. It is what I have stated above.

I look forward to working with you. Let me help you pick out the best home in your price range.

I can help you get financing and coach you on other things that are important.

Email me your request today at burkebennett@hotmail.com

Thanks Burke Bennett
208 589 5599
BUYERS BUYERS BUYERS BUYERS BUYERS BUYERS
http://www.seidahohomes.com