Tuesday, September 23, 2008

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.

Wednesday, September 17, 2008

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

Wednesday, August 27, 2008

Get Financing!






KC KuttlerBroker/Owner
call 208 406 3834 Tell him Burke Bennett sent you for the best possible deal!

Tuesday, August 26, 2008

Sell your home








SELLERS SELLERS SELLERS SELLERS SELLERS SELLERS SELLERS

So you want to sell your home?

Deciding to list your home is probably the hardest part of selling it. To fill out the paperwork, takes about 30 minutes. If your home was listed once before, it could take less than that. I need the home clean and repaired so I can take pictures. I can take up to 15 if necessary.
I have a list of 2000 plus buyers that I email every Monday. I also have over 65,000 visitors come to my websites.
I recommend you offer 2.5% to 3% to the buyers agent so your home gets showed. There are over 500 agents in this area that could possibly show your home. You are only charged if we sell your home.
The good thing about using a realtor is that we prequalify our people. Your home only get's showed by someone who is capable of buying it.
Also, you will be loaded on http://www.seidahohomes.com/, realtor.com, snakerivermls.com, and several other websites. The internet is how 80% plus buyers find property in todays information age.
So call me once you have decided to sell your home. I can put the power of technology and 500 plus realtors to sell your home. I also have programs that allow me to buy your home from you and rent it to rent to own prospects. I don't know of any other realtors currently marketing property this way in this area.
Once your home is getting showed, I send out the feedback form to find out if there is any interest. The best time to sell your home is between April until it gets cold. Usually day light savings time.
I look forward to working with you.
Thanks, Burke Bennett
Licensed Broker in Idaho
208 589 5599
Servicing Idaho Falls, Rigby, Rexburg, St Anthony, Shelley and surrounding areas. I can help you buy or sell any property in Idaho.
If you know of someone else who is looking for a home in SE Idaho, tell a friend about http://www.seidahohomes.com (Over 50,000 visitors and 1100 subscribers)http://www.seidahohomes.com Burke's news (View every property in SE Idaho.)http://www.seidahohomes.com Burke's Blog
http://www.seidahohomes.com Foreclosure secrets
http://www.seidahohomes.com Real Estate education
http://www.seidahohomes.com View Burke on channel 3 news.
http://www.seidahohomes.com Get an Appointment
http://www.seidahohomes.com Build a Brand New Home (Set up an apt. with the owner)http://www.seidahohomes.com Listings
http://www.seidahohomes.com Buyer/Seller Services (List your home for 1.5%)http://www.seidahohomes.com Local Links
http://www.seidahohomes.com Search for a home.
http://www.seidahohomes.com Burke's current rent to owns

Monday, August 25, 2008

Get an appointment





So you want an appointment.

Actually, I am pretty easy to work with. I usually will drop what ever I am doing to go look at properties with you.

If you are coming from out of town, you probably ought to email me a few days in advance so I can plan for you. Also, I will need a cell phone number so I can call and confirm the night before our appointment.

What I would like you to do is go through your property searches and write down the MLS numbers of the properties you would like to go look at. Pick the very best ones that you are interested in and then email them to me.

You can pick 1 to 10 properties or more and we can map them out, get appointments, and hit them all in about 1 to 3 hours. We can look at more than 10. If you get too many, they start to blend together.

I usually show properties in the afternoon or at night when people get off of work. Saturdays work well for people because that is sometimes the only day they have off.

Sometimes clients like to think about it over night, and then go look some more the next day. I will work with you, and I am low pressure. If you aren't happy, then we will keep looking until you are.

Once we have found the perfect property, let's write an offer. I look forward to working with you.

Thanks Burke Bennett
burkebennett@hotmail.com 208 589 5599
Licensed Broker in Idaho
http://www.seidahohomes.com/ SE Idaho Home

Write an offer

BUYERS BUYERS BUYERS BUYERS BUYERS BUYERS
So you want to write an offer? Actually, it is quite easy and I need answers to the 12 following questions to represent you.

1-What is the MLS (multiple listing service) of the property you are writing an offer on? We will figure this out looking at several listings, and then picking the best one to write an offer.

2-How much do you want to offer?

The closer you offer to the list price the better chance you have of getting the property. A full price offer on a home listed at $100,000 is: I will give you $100,000, and pay for my own loan, and split the closing costs with you.

You can have your closing costs rolled into the loan. So if you wanted to offer full price and have your closing costs paid, you would offer $103,000, and I want you to pay $3000 of my closing costs. That saves you from writing a $3000 check at closing. This is why homes sell for more than they are listed.

3- How much Earnest money you want to put down?

This can be $500 to $1000 or more depending on what you are buying. This is held in the brokers account and it is a credit to you at closing. Bigger deals usually require higher amounts of earnest money. This also helps bind the agreement and shows that you are earnestly seeking to buy this property.

4-What type of financing are you going to do?

Are you going to do 100% or put some down? Use your own banker or you can call my banker KC Kuttler at 208 406 3834 to discuss financing options and tell him Burke Bennett sent you. It is smart to get prequalified before you find the property. He can tell you how much property you can buy and what loans you qualify for.

5-Do you have any special terms or conditions?

Remember the cleaner the offer the more likely it will get accepted, but we can put in the offer what ever you want

6- What do you want included in the sale?

Fridge, Stove, Dishwasher, Microwave, etc. Usually this is included anyway. It will say right on the listing if it is included or not.

7-Who do you want to use as a title company?

I usually use First American in Idaho Falls since they are everywhere in the US, but you can use anyone you would like.

8-Do you want a property inspection?

Home inspections are about $200 to $275 and the buyer generally pays for this. Home inspections generally pay for themselves since the experts can tell you what needs to be repaired or fixed. Sometimes the seller will fix these to get the sale done which is generally the case. The seller can say no, and you can back out if you want. It just gives you extra protection and peace of mind. Also, I guarantee you will learn something about the property that you didn't notice before. You don't have to do one, but it is a good idea.

9-Who is going to pay closing costs?

Traditionally, the buyer pays all buyer related closing costs such as appraisal, loan fees, tax service fee, flood fee, Title insurance extended coverage required by the lender, and splits the closing cost. Generally they come to about $2500 to $4500 depending on what you are trying to buy. Bigger Deals have bigger expenses. Your banker can tell you pretty close to what it will cost you.

The seller traditionally pays for title insurance and splits the closing fee.

You can offer $100,000 on a house for example, and say I want the seller to pay $3000 of my closing costs. That way when you go to closing, you don't have to write a $3000 check, it is just rolled into your mortgage payment. I sell quite a few homes like this. My banker can tell you exactly how much that will be with a good faith estimate.

The seller would only net $97,000 if he pays $3000 of your closing costs in this example.

Or if you wanted to offer full price, you could say I will give you $103,000, and I want you to pay $3000 of my closing costs. The chances of the seller signing this the first time are very high. You still have your closing costs rolled into the loan. This is why sometimes a property will sell for more than it is listed.

10-What date do you want to close?

Usually 30 days is plenty time to have the seller move and for you to get your loan, although I have sold a property in 3 days before. Financing usually takes at least two weeks.

11-When do you want to hear if your offer has been accepted or not?

Some people can respond in 24 hours which is the standard, sometimes two days is more likely depending on how available the seller is.

12-What is your address, phone, email, fax no (if applicable)

If you can answer these 12 questions via email or phone, I can email you the forms or meet with you. You can then fax them back to me at 480 393 5948. You don't have to put a cover sheet since this will go directly to my email.

You don't have to live or be in Idaho to write an offer. I once helped a guy buy a home who lived in Ukraine.

I present the offer to the seller or other realtor and represent your best interests as a buyers representative. I have sold multiple properties and have had quite a bit of experience with any thing that could go wrong. I will call you the moment I find out if the offer has been accepted, rejected, or countered.

The paperwork only takes 20 minutes, but you definitely want someone experienced to represent you as a client when making an offer so you don't get burned. That is why I will represent you as a buyers agent and I will do it at no charge to you. If you buy directly from the listing agent, he represents the seller. Can you see why you need a buyer's agent? If you do not enter a representation agreement, you will not be represented at all as a client. You will be a customer only.

A client's privacy and intentions remain confidental unless of course the client wants his position on something revealed.

Another reason you want representation, is you are dealing with a neutral 3rd party who will represent you and what you want to do. Sometimes dealing directly with the seller or other realtor is difficult because they won't bend on a certain issue that you think is important. I will do everything I can do to make sure any issue is addressed.

Once your offer is accepted, it is a matter of getting your financing finalized before the closing date with the title company. Closing dates can be anywhere from 3 days to 45 days out. The sooner you can close, the higher the probability that your offer will be accepted. This will also pull the property off of the market.

I keep you in the loop the whole process. What takes the majority of the time is waiting for the appraisal to come back and the underwriters of the loan to give you the final approval. Of course, if you can pay cash, you don't have to go through the part of getting a loan; although, most people do get some type of financing.

Idaho is a good investment for any one in any part of the country. The quality of life is high because things are more affordable, and we are one of the 10 safest communities in the United States. People are family oriented. There is just more space to enjoy yourself.

So what are you waiting for? Check out my property links, and write an offer. Real Estate has always been a good investment.

http://www.realtydrive.com/agent/page8.php?username=burkebennett Property Links
I can help you if you are buying your first home, second, home or multiple investment properties.

Thanks Burke Bennett 208 589 5599 or email at burkebennett@hotmail.com

Wednesday, August 20, 2008

Have we hit bottom? 08/20/08

I get asked all the time if we have hit bottom in the real estate market.

I am starting to think that are economy is getting better and I will tell you why.

I noticed that the dollar is getting stronger. Gas prices, gold, and silver have dropped quite a bit.

That right there is an indicator that the average consumer can start spending money on other things besides food and gas.

Our market here in Idaho Falls has been pretty good. The appreciation rate in this area is currently at about 2.3%. It has been 6.3% in the past. It has slowed down a little, but really not that much.

All though there are a lot of things for sale, you almost never see a foreclosure in this area. See my earlier post on what I think of foreclosures.

If you can get a loan, I think now is a great time to buy. The interest rates are still relatively low and prices have seemed to stop climbing for the moment.

This area never really had any huge fluctuations anyway. It has been a slow and steady 6% over the past 10 years.

The economy always seems to suck during an election year. I have been through two recessions, and it just doesn't matter how hard you try, the money just doesn't flow freely.

I think as banks recover, you will see the money losen up.

I think it will also help to have a new president that people can have consumer confidence in again.

I hope this helps you understand if we have hit bottom or not. The truth is no one knows.

Buying sometimes takes years for you to say, man I am glad I did that since my home has gone up X$$$ in value. It seems like it is always expensive the moment you buy anything.

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

Getting Financing 08/20/08

So you want to get financing?

Getting financing now days on a home can be a night mare. If you have marginal credit, with a so so job, forget it. The banks are getting really picky who they will lend to.

You need at least a 620 credit score to get financing. You also need a steady job. Most loans now require 3% down. Closing costs are about 3% also.

One quick way you can find out what you can do and can't do financially is go to http://www.patriotlending.org or call my banker KC Kuttler at 208 406 3834. He can tell you in a hurry what you can and can't do. Make sure you tell him you are working with Burke Bennett so you can get the best possible deal.

I really don't care what bank you work with, but most people want to go look before they even know if they can buy a home.

Once you find out if you can buy a home. The banker should indicate what your price range is. You can do your own searches for property at http://www.snakerivermls.com.

Write down the MLS numbers of the homes you like.

I would love to show them to you.

Getting prequalified is half the battle. We can have you in a home in 30 days or less once you get prequalified.

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

The Low Ball Offer 08/20/08

This week I had two low ball offers.

One guy was really mad that they didn't even counter. After all the home had a few things wrong with it. He was $65000 too low.

I told him that he needed to be a little more realistic. If the owner paid $135,000 for the home three years ago, why do you think he will sell it to you for $80,000?

He started to blame the realtors and appraisers for the recession that we are in.

As a realtor, I can only sell a home for what someone is willing to pay for it. No seller in their right mind is going to lower the price of their home over $65,000 just to get a deal done on a home that anyone can afford. A seller might do this on a luxury home since the buyers are thin.

Anyway, I like getting a good deal also. In the 8 years I have practiced real estate, I have never stumbled on a deal that is $65000 below list. If you see any, let me know. I would be willing to buy 10 per month.

A realistic offer is that there is about 3 to 5% play in the list price. Sometimes you can have your closing costs rolled into the loan. Obviously the closer you offer to list price, the more likely your offer is going to be accepted.

I once got a home from a bank $20,000 below list price, but the home had probably 100 plus bags of garbage, the carpet was trashed, and the the place in general was disgusting with all of the animal droppings that were left behind.

I would love to represent you in writing an offer, but I also don't want to waste your or mine time.

Let me know if you see some property you want to look at, and read my write an offer section on http://www.seidahohomes.com/

Thanks Burke Bennett
208 589 5599
burkebennett@hotmail.com

Thursday, August 14, 2008

Foreclsure doesn't necessarily= Good deal

Ruth and Jim,

This is my opinion of foreclosures.

Foreclosure doesn't necessarily= good deal.

The ones I have seen, the homes are usually trashed. The bank takes them back and sticks them on the market for what ever the home that sold down the block sold for. They price them the same as the other homes.

The best way to find the best deal and do it fast is take the list price and divided it by the square footage. Right before your eyes you will quickly find the best deal in the area in 5 minutes.

Use http://www.snakerivermls.com to do your searches.

I bought my 5000 square foot home for only $53 per square foot totally finished with brand new brick outside using this approach. It was a pretty good deal.

As for Realtors being tight lipped, most realtors are broke and have no money to buy the deal themselves. Many of them are not practicing real estate any more and have gone and found jobs.

I will be glad to help you when you uncover what is really the cheapest home in the valley.


Thanks,

Burke Bennett
Licensed Broker in Idaho
208 589 5599
http://www.seidahohomes.com
burkebennett@hotmail.com

Servicing Idaho Falls, Rigby, Rexburg, St Anthony, Shelley and surrounding areas. I can help you buy or sell any property in Idaho.

If you know of someone else who is looking for a home in SE Idaho, tell a friend about http://www.seidahohomes.com (Over 50,000 visitors and 1100 subscribers)

http://www.seidahohomes.com Burke's news (View every property in SE Idaho.)
http://asdcashgenerator.com/?ref=43279 Check it out. Make money surfing the net!!!!
http://www.seidahohomes.com Get an Appointment
http://www.seidahohomes.com Write an Offer
http://www.seidahohomes.com Build a Brand New Home (Set up an apt. with the owner)
http://www.seidahohomes.com Listings
http://www.seidahohomes.com Buyer/Seller Services (List your home for 1.5%)
http://www.seidahohomes.com Local Links
http://www.seidahohomes.com Calculator
http://www.seidahohomes.com Free Reports
http://www.seidahohomes.com Schools
http://www.seidahohomes.com Home
http://www.seidahohomes.com Rent To Own any home on the market

Saturday, August 2, 2008

Get on my email list for hot properties

Below is my website link to have properties emailed to you in your price range as they come on the market.

http://www.burkebennetthomes.com/index.php?base=buyers

Friday, August 1, 2008

This is how one of my rent to owns raised her credit score

Thought I would just pop you a mail with a little more info if you want to pop it on your site.

Most banks do these but they aren't widely advertised, the 2 we looked at were Bank of America and Washington Mutual.

Both are a minimum of $300 down which they put into a saving account, then they open you a credit line of what ever you put down, I think $10000 is the maximum. Also I do not think you have to be a resident of USA to open these accounts, IE a tourist can open an account so they have a USA card to use over here.

There is a $29 annual fee with both banks as well, the interest rate I think varies but is around 15-16%, they report back every month to all 3 bureaus, you cannot have a card report to multiple people you have to take a card and supply the required security money for each person you want to build credit with, you can have an additional signer for each account but it does nothing to help the additional signers credit (this is the part Bank Of America lied to us about so we signed with them and not WaMu otherwise we would have gone with WaMu but it had already been several weeks before we found out they had lied). We got the account opened and money taken out on the 28th May and it reported to all 3 bureaus within the first week of June as a 0 balance card and increased our score straight away. It then reported back its first balance on the 17th for us and again took about a week but all the bureaus updated (due to a refund not processing in time our first reported balance was above the 35% mark and so actually dropped our credit score back down), then it reported back the following month at which point we made sure the balance was between 30 and 35% of our available and it increased the score quite a lot. It looks like it will increase Eugene's score by about 20 points per bureau per month, not sure for how long but will keep you updated.


Our problem was we were told we didn't need this back in Feb when we had the money to put down so had to wait until May to be able to get the deposit. But Eugene's score has increased almost 100 points since the beginning of April on each credit reporting agency. I will say though if you reported balance goes over 35% it does hurt your score, also I think high balances vs credit limit hurt your score so have to watch that too. Been reading up quite a bit on best way to increase scores since we got turned down in April/May.

Hope this helps,

Sue

Check it out! Burke was on the Channel 3 news

http://www.emailthis.clickability.com/et/emailThis?clickMap=viewThis&etMailToID=1485241805

Monday, July 28, 2008

SE Idaho Homes/Investments 07/28/08

Hello,

I should be available Monday through Saturday in July and August to look at any properties you can find. Looking for homes in the Evenings and Saturdays is also good for me.

Last week I spent the whole week at the Island Park Scout camp helping 13 kids get 99 merit badges. It was great small boat sailing and climbing the tower.

Because I do quite a few rent to owns, I get a lot of phone calls of people who want to rent. Some are pleasantly surprised when they find out they can buy. You need at least a 620 credit score to buy.

Call my banker KC Kuttler at 208 406 3834 to find out what you can do financially. Who knows, you might qualify for a grant or some of the other programs they offer.

As for cash flow, I made $250 surfing the net. Right now they are upgrading their website because so many people are interested. They should have it fixed real soon. If it doesn't work, keep trying, you will be glad you did. Check out my get cash flow link.
http://asdcashgenerator.com/?ref=43279

Also, if you want to buy a trailer park, I will sell you mine for $250,000. It nets $24,000 per year and currently has no debt. It is located at 850 S Broadway in Blackfoot Idaho if you want to drive by it.

If you are interested in buying shares in Dorothy of Oz the movie, let me know. A minimum investment is $10,000 and it should be out in theaters in 12 to 24 months. I can hook you up with the guy who knows everything about it. They recently signed Jim Belushi as the Lions voice.

Check it out at
www.dorothyofozthemovie.com/

If you would like to list a home, I will do it for 1.5% which is exactly half what other realtors charge. Read my Seller services if you are interested.
http://www.realtydrive.com/agent/info.php?username=burkebennett

I have an electronic key that will let me show you any property on the market, and I can meet you there if you would like. I do need some notice in case we need to get an appointment.

Let me know if you want to go look at any of the properties below. Make sure you write down the MLS numbers and email them to me so I can find them quickly.

Once we find the perfect home/investment, the paperwork only takes 20 minutes. I will represent you as a buyers representative, and I charge nothing to do this. Remember if you don't enter a representation agreement, you will not be represented at all. I will have your best interests at heart.

Dealing directly with the listing agent where he represents the seller can sometimes be difficult.
If you are going to be in the area in July, let me know so I can schedule around you. I respond to 100% of my emails. Get your appointment request in today.

Thanks,
Burke Bennett
Licensed Broker of SE Idaho Homes
208 589 5599http://www.seidahohomes.comburkebennett@hotmail.com

Saturday, July 19, 2008

Cash Flow

So you want more cash flow?


Below are ways you can increase your cash flow in real estate. I am always looking for new ideas, so let me know if you know better ways to make money.

******************I will buy your silver and gold coins for pretty close to what ever the spot price is on that trading day. I have an account through a precious metals dealer. Give me a call at 208 589 5599. *********************************************

1-If you have $150,000, loan it to me and I will pay you 8% interest. You can have a lien on my property I currently own free and clear. You would be in a 60% LTV. We can set it up through a title company so you are guaranteed payment. I have around an 800 credit score which means I am a very credit worthy investor, and low risk.

2-You could buy single family homes and rent them out. See my list of property managers at http://www.seidahohomes.com under "Get an Apt.". Also, see my investor home link under "Burke's news" at http://www.seidahohomes.com for homes $75,000 to $175,000.

I currently have 7 of these. I can show you how to rent to own the home. You sell the home and buy it in the same tranaction. For more on my "rent to own" go to http://www.seidahohomes.com

I always hear it takes money to make money, but the truth is it doesn't have to be your money. A poor person will take his whole life and maybe accumulate a million dollars. A rich person will try and borrow it.3-Buy an existing multi family unit that cash flows. I can help you verify the income and expenses and check out the property for you.

I currently own 1 trailer park, and am looking to buy several more.

a-Verify property income.

b-Verify expenses.

c-Determine net operating income.

d-Find the capitization rate and valuation.

e-Calculate the loan payment and your profit or cash on cash= ROI (Rate on investment)

f-Repeat until you are financially independent.

As kids, we all learned how to get wealthy investing playing Monopoly. All you had to do was buy four green houses and then trade it for a red hotel.

The rents made you wealthy.You will need to develop a relationship with a bank. Use the bank of your choice or if you don't have one already, use mine. It is Patriot Lending group at 208 406 3834. KC Kuttler can tell you what you can and can't do in a hurry and if you need to put any money down.

You can get up to 100% financing on an owner occupy. You can put 10% down if you have good credit and are planning on buying this as an investment. This goes for investment homes, or 4 plexes.They are based right here in Idaho Falls.

Make sure you tell them Burke Bennett sent you so that you can get the best deal possible. Once you figure out what you can do financially. Buy as many homes/income producing properties under $125,000 per unit as you can and rent them out. You will make money on rental income and if you hold them for at least 3 to 5 years, you will make equity also if you decide to sell.

I recommend the following property managers to collect your rents and keep your properties up. See link below. I don't recommend that you do this yourself unless you have quite a bit of experience.http://www.seidahohomes.com

List is below "Get an apt."Once you have built a considerable amount of income and appreciation, trade your 4 "green houses" or investment properties for a "red hotel." You can do this with a 1031 exchange.

This makes it possible to pay zero taxes legally. Below is some information on how to do that. You have 45 days to identify the properties you are going to trade for after the property you are selling closes, and 6 months to finalize the deal.

You will need to go through an exchange company so that everything is legal. If you ever wondered how the rich get out of paying taxes, here is a huge loop hole.

4- Here is an example of how real estate can beat the pants off of stocks or mutual funds.

Let's say you put down $10,000. Our rate of appreciation in this area is 6.3% and it has been that way for a long time. You could rent this out for $750 to $900 per month. You would borrow $90,000 at 7% interest for 30 years. Rent of course would go up over time, but let's just use $900 to show you how this would work.

Below is a chart of how much money it would be worth year by year.
1 Year $106,000 $914 equity Build up from paying down loan $3000 positive cash flow
2 Year $112,360 $1894 equity Build up from paying down loan $3000 pcf
3 Year $119,101 $2945 equity Build up from paying down loan $3000 pcf
4 Year $126,247 $4072 equity Build up from paying down loan $3000 pcf
5 Year $133,821 $5281 equity Build up from paying down loan $3000 pcf
6 Year $141,850 $6577 equity Build up from paying down loan $3000 pcf
7 Year $150,000 $7967 equity Build up from paying down loan $3000 pcf
8 Year $159,382 $9457 equity Build up from paying down loan $3000 pcf
9 Year $168,944 $11055 equity Build up from paying down loan $3000 pcf
10 Year $179,080 $12768 equity Build up from paying down loan $3000 pcf

Totals $79,000 $12768 equity build up $30,000 cash flow assuming rents never raise.How many investments will let you put down $10,000 to make $121,848?

That doesn't include rent increases or all of the tax shelter you will enjoy. Your maintenance would be really low since these are brand new. Call me if you want to jump on this opportunity.

The easiest way to leave the rat race (work force) is through monthly passive income from your investments. You leave the rat race when your passive monthly income is greater than your monthly expenses and current gross income of your job.

For example, if you gross $3000 per month working and have $2500 per month in expenses, you would need $5501 per month in passive monthly income to officially leave the rat race.

Once you have achieved this, you have officially left the rat race and choose to work because you want to and not because you have to.

I have a banker who currently does 90% financing on single family investment homes, duplexes, tri plexes, and four plexes. He can also get you up to 85% financing on commercial properties. The rates are between 7 and 9% interest. It really depends on your credit and what you are trying to do.

I also want to introduce to you a quick way to evaluate investments. It is the 1% rule. How it works is that a $100,000 investment should bring in at least $1000. This will eliminate a lot of investments. Even using 100% financing, you can easily have your property cash flow. A more realistic measurement in this area is the .08% rule. Meaning a $100,000 unit should bring in $800 rent per month.

As an investor, you really need to start thinking in units. How many units do you currently own? I would love to help you buy your cash flow. Some investors focus on single family homes, others focus on 4 plexes, while others will focus on large commercial projects.

5-Get Educated so you can create your own deals.

I have found a company that can teach you how to be financially independent in 2 to 5 years. They not only teach education from people who have been out there and done it, but they also help you find investments in real estate that you can buy right over the computer and do all the due dilligence for you all over the country. You can log on as a guest and see how they make it so you can click a mouse and buy a house. I can help you sign up for this. You will get your money back with one transaction. Check it out and then call or email me.

http://www.investorconcierge.com/ Log on as a guest to see all the investment opportunities available.

Check out these 10 short videos of this opportunity, or email me when the next investment meeting is. It is usually every Thursday night at 7 p.m. You can meet people who make 6 figures routinely. We also play cash flow once in a while and talk about ways to increase our passive income.
http://www.youtube.com/watch?v=gnEnrnII_aQ&mode=related&search= 1 of 10
http://www.youtube.com/watch?v=Ylksumng4e8 2 of 10
http://www.youtube.com/watch?v=z3oGvqTdlEc&mode=related&search= 3 of 10
http://www.youtube.com/watch?v=z0WqHhCT4PY&mode=related&search= 4 of 10
http://www.youtube.com/watch?v=HTfbhmvhv4k&mode=related&search= 5 of 10
http://www.youtube.com/watch?v=yq0aukFoO0c&mode=related&search= 6 of 10
http://www.youtube.com/watch?v=LtBDz6awJEQ&mode=related&search= 7 of 10
http://www.youtube.com/watch?v=1UyVHXBtWz4&mode=related&search= 8 of 10
http://www.youtube.com/watch?v=nHLz5-5ozOw&mode=related&search= 9 of 10
http://www.youtube.com/watch?v=sOj4TuNrmkk&mode=related&search= 10 of 10

6-Short sales, wholesaling, fix and flip, buy and hold, rehabbing, subject to, rent to own, or just buy as many homes as you can. One of my instructors favorite strategies is to beat down the price as low as possible and then pay cash. Of course not every one can do that yet.

7-Find someone who wants to sell his note that he is receiving payments on. I can help you make an offer and split the deal with you.

There are lots of ways to increase your cash flow. Email me or call me if you have any additional ideas.

I am always looking for better ways to provide for my family.

So get on my email list. I can help you get out of the rat race.

Thanks Burke Bennett208 589 5599
http://www.seidahohomes.com
burkebennett@hotmail.com

Rent to own any home on the market. No banks needed!

So you want to rent to own? I have helped several people get into a home using my credit.
Here is how it works.

1-You pick any home on the market.

2-I buy it for you. You need to put 7% down. I leave my commission into the deal which is usually 3%.
I put 10% down on the home and borrow 90%.

3-You use my 800 credit score to get the best possible interest rate. Your payment will be $250 per month over my payment. If you can put more down, your payment will be lower.

4-You rent this home from me for 6 to 12 months depending on how long you need to fix your credit.
You are in charge of all maintenance, utilities, and repairs just like if you went and got the loan yourself.

5-My banker works with you to fix your credit.

6-I sell it back to you for exactly what I paid for it.
How would this work?

Let's say I buy you a $150,000 home. Just to make things simple, I buy it for $150,000 and roll all my closing costs into the loan. Before I finalize the deal, I sign a rent to own agreement with you.

Basically you put 7% down. On a $150,000 home that is $10,500. I get paid a 3% commission for buying the home and I leave it in the deal. I take your 7% and my 3% and put $15,000 down on the home.

I borrow $135,000 and buy the home. Your payment is about $1350. This could actually be cheaper depending on what interest rate we get. My payment is $1100.

You would pay $1350 rent before moving into the home once it closes.
How does the option work?

To rent this home for 6 months will cost you 3% or $4500. To rent it 9 months will cost you 4.5% or $6750. To rent it 12 months will cost you $9000. The sooner you buy the home, the more money you get credited back to you.

If you bought this home in 6 months, it cost you $4500, and you get $6000 as a credit back to you when you buy it. The home should be worth at least $154,500 or $4500 in appreciation so you really aren't out anything.

Even if your credit was awesome, it would cost you 3% of what you buy or in this example, $4500.

These costs are cheap. If you didn't use my credit, you would have to get a hard money loan. They would want 20% down or $30,000. You would have to pay 4 points or $6000, and your interest rate would be at least 12%.

The good thing is your home should actually go up in value 6% during this 12 month period of time depending on the market.

You get to buy this home for only $150,000. The home could be worth $159000 or more. Our actually appreciation rate has averaged 6.3% over the last 5 years and is one of the most consistent appreciation rates in the nation.

If you need 6 to 12 more months, I add 3% to 6% to the purchase price. So in this example, the first year the price remains $150,000. If you bought it in 18 months, the price would be $154,500. If you bought it in 24 months, your price would be $159000.

The home should be worth $168000. (6% appreciation per year)

Your rent will always be $250 above my payment, and you get at least 1% credit back when you buy it even if you go 24 months.

This is a great deal, and I will buy as many homes as my banker will let me over the next few months. Call me today for questions, or more details.

You could probably get by with only putting 3% down if you only wanted to do a 6 month rent to own. Sometimes that is all you need to fix your credit.

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

Build a Home

08/31/07 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

Welcome!

Welcome to South East Idaho Homes. I can show you any home/property on the market.

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.

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. KC Kuttler's number is 208 406 3834. 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.

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.

Write an offer

So you want to write an offer? Actually, it is quite easy and I need answers to the 12 following questions to represent you.

1-What is the MLS (multiple listing service) of the property you are writing an offer on? We will figure this out looking at several listings, and then picking the best one to write an offer.

2-How much do you want to offer?

The closer you offer to the list price the better chance you have of getting the property. A full price offer on a home listed at $100,000 is: I will give you $100,000, and pay for my own loan, and split the closing costs with you.

You can have your closing costs rolled into the loan. So if you wanted to offer full price and have your closing costs paid, you would offer $103,000, and I want you to pay $3000 of my closing costs. That saves you from writing a $3000 check at closing. This is why homes sell for more than they are listed.

3- How much Earnest money you want to put down?

This can be $500 to $1000 or more depending on what you are buying. This is held in the brokers account and it is a credit to you at closing. Bigger deals usually require higher amounts of earnest money. This also helps bind the agreement and shows that you are earnestly seeking to buy this property.

4-What type of financing are you going to do?

Are you going to do 100% or put some down? Use your own banker or you can call my banker KC Kuttler at 208 406 3834 to discuss financing options and tell him Burke Bennett sent you. It is smart to get prequalified before you find the property. He can tell you how much property you can buy and what loans you qualify for.

5-Do you have any special terms or conditions?

Remember the cleaner the offer the more likely it will get accepted, but we can put in the offer what ever you want

6- What do you want included in the sale?

Fridge, Stove, Dishwasher, Microwave, etc. Usually this is included anyway. It will say right on the listing if it is included or not.

7-Who do you want to use as a title company?

I usually use First American in Idaho Falls since they are everywhere in the US, but you can use anyone you would like.

8-Do you want a property inspection?

Home inpections are about $200 to $275 and the buyer generally pays for this. Home inspections generally pay for themselves since the experts can tell you what needs to be repaired or fixed. Sometimes the seller will fix these to get the sale done which is generally the case. The seller can say no, and you can back out if you want. It just gives you extra protection and peace of mind. Also, I guarantee you will learn something about the property that you didn't notice before. You don't have to do one, but it is a good idea.

9-Who is going to pay closing costs?

Traditionally, the buyer pays all buyer related closing costs such as appraisal, loan fees, tax service fee, flood fee, Title insurance extended coverage required by the lender, and splits the closing cost. Generally they come to about $2500 to $4500 depending on what you are trying to buy. Bigger Deals have bigger expenses. Your banker can tell you pretty close to what it will cost you.

The seller traditionally pays for title insurance and splits the closing fee.

You can offer $100,000 on a house for example, and say I want the seller to pay $3000 of my closing costs. That way when you go to closing, you don't have to write a $3000 check, it is just rolled into your mortgage payment. I sell quite a few homes like this. My banker can tell you exactly how much that will be with a good faith estimate.

The seller would only net $97,000 if he pays $3000 of your closing costs in this example.

Or if you wanted to offer full price, you could say I will give you $103,000, and I want you to pay $3000 of my closing costs. The chances of the seller signing this the first time are very high. You still have your closing costs rolled into the loan. This is why sometimes a property will sell for more than it is listed.

10-What date do you want to close?

Usually 30 days is plenty time to have the seller move and for you to get your loan, although I have sold a property in 3 days before. Financing usually takes at least two weeks.

11-When do you want to hear if your offer has been accepted or not?

Some people can respond in 24 hours which is the standard, sometimes two days is more likely depending on how available the seller is.

12-What is your address, phone, email, fax no (if applicable)

If you can answer these 12 questions via email or phone, I can email you the forms or meet with you. You can then fax them back to me at 480 393 5948. You don't have to put a cover sheet since this will go directly to my email.

You don't have to live or be in Idaho to write an offer. I once helped a guy buy a home who lived in Ukraine.

I present the offer to the seller or other realtor and represent your best interests as a buyers representative. I have sold multiple properties and have had quite a bit of experience with any thing that could go wrong. I will call you the moment I find out if the offer has been accepted, rejected, or countered.

The paperwork only takes 20 minutes, but you definitely want someone experienced to represent you as a client when making an offer so you don't get burned. That is why I will represent you as a buyers agent and I will do it at no charge to you. If you buy directly from the listing agent, he represents the seller. Can you see why you need a buyer's agent? If you do not enter a representation agreement, you will not be represented at all as a client. You will be a customer only.

A client's privacy and intentions remain confidental unless of course the client wants his position on something revealed.

Another reason you want representation, is you are dealing with a neutral 3rd party who will represent you and what you want to do. Sometimes dealing directly with the seller or other realtor is difficult because they won't bend on a certain issue that you think is important. I will do everything I can do to make sure any issue is addressed.

Once your offer is accepted, it is a matter of getting your financing finalized before the closing date with the title company. Closing dates can be anywhere from 3 days to 45 days out.

The sooner you can close, the higher the probability that your offer will be accepted. This will also pull the property off of the market.

I keep you in the loop the whole process. What takes the majority of the time is waiting for the appraisal to come back and the underwriters of the loan to give you the final approval. Of course, if you can pay cash, you don't have to go through the part of getting a loan; although, most people do get some type of financing.

Idaho is a good investment for any one in any part of the country. The quality of life is high because things are more affordable, and we are one of the 10 safest communities in the United States. People are family oriented. There is just more space to enjoy yourself.

So what are you waiting for? Check out my property links, and write an offer. Real Estate has always been a good investment.

http://www.realtydrive.com/agent/page8.php?username=burkebennett Property Links
I can help you if you are buying your first home, second, home or multiple investment properties.

Thanks Burke Bennett 208 589 5599 or email at burkebennett@hotmail.com

Get an Appointment

So you want an appointment.

Actually, I am pretty easy to work with. I usually will drop what ever I am doing to go look at properties with you.

If you are coming from out of town, you probably ought to email me a few days in advance so I can plan for you. Also, I will need a cell phone number so I can call and confirm the night before our appointment.

What I would like you to do is go through your property searches and write down the MLS numbers of the properties you would like to go look at. Pick the very best ones that you are interested in and then email them to me.

You can pick 1 to 10 properties or more and we can map them out, get appointments, and hit them all in about 1 to 3 hours. We can look at more than 10. If you get too many, they start to blend together.

I usually show properties in the afternoon or at night when people get off of work. Saturdays work well for people because that is sometimes the only day they have off.

Sometimes clients like to think about it over night, and then go look some more the next day. I will work with you, and I am low pressure. If you aren't happy, then we will keep looking until you are.

Once we have found the perfect property, let's write an offer. Check out my write an offer link. http://www.realtydrive.com/agent/page12.php?username=burkebennett

I look forward to working with you.

Thanks Burke Bennett
burkebennett@hotmail.com 208 589 5599

Licensed Broker in Idaho
http://www.seidahohomes.com SE Idaho Homes

Seller Services only 1.5% ,Most realtors charge 3%

So you want to sell your home?

Deciding to list your home is probably the hardest part of selling it. To fill out the paperwork, takes about 30 minutes. If your home was listed once before, it could take less than that. I need the home clean and repaired so I can take pictures. I can take up to 15 if necessary.
I have a list of 1000 plus buyers that I email every Monday. I also have over 65,000 visitors come to my websites.

I recommend you offer 2.5% to 3% to the buyers agent so your home gets showed. There are over 500 agents in this area that could possibly show your home. I only charge 1.5% as the listing agent which is half what most realtors charge. You are only charged if we sell your home.

The good thing about using a realtor is that we prequalify our people. Your home only get's showed by someone who is capable of buying it.

Also, you will be loaded on http://www.seidahohomes.com, realtor.com, snakerivermls.com, and several other websites. The internet is how 80% plus buyers find property in todays information age.

So call me once you have decided to sell your home. I can put the power of technology and 500 plus realtors to sell your home. I also have programs that allow me to buy your home from you and rent it to rent to own prospects. I don't know of any other realtors currently marketing property this way in this area.

Once your home is getting showed, I send out the feedback form to find out if there is any interest. The best time to sell your home is between April until it gets cold. Usually day light savings time.

I look forward to working with you.

Thanks Burke Bennett 208 589 5599

Buyers Services

So you want BUYERS services?

What can I do to help BUYERS find the perfect property?

I can email BUYERS everything on the market in your price range and location. Every time something new comes you will automatically be emailed property that fits your price range. You will be on the cutting edge of what is happening right here in South East Idaho and specifically in your price range.

Write down the Multiple Listing Service (MLS) numbers that you like and then email the MLS numbers to me or call for an appointment. You will be emailed every time something new comes on the market in your price range. You will also receive a Monday news letter that will show you every home in the valley by different search criteria.

Afternoons, Evenings, and Saturdays are also OK to go look at properties. I try and work around your work schedule. I have an electronic key that will let me show any property you can find on the market. I can meet you at the property address. I need some notice to let the property owners know we want an appointment.

Use your own bank or call my bank Patriot Lending Group at 208 406 3834.Make sure you tell them Burke Bennett sent you so you get the best possible deal. I can get you up to 100% financing on almost anything you want to buy.

Once we have found the best home in your price range for your needs, the paperwork only takes 20 minutes. Let's write an offer before it is gone! I will represent you for free and protect your best interests as a BUYERS representative.

Remember, if you do not enter a BUYERS representation agreement, you will not be represented at all. If you would like to do your own searches, go to http://www.snakerivermls.com.

Write down the multiple listing number of the properties you like, and I can show them to you.I look forward to working with you. Email me if you have any additional questions, would like an appointment, or would like me to call you.

So what are you waiting for? Fill out the BUYERS form, and let's go find the perfect property.

Thanks, Burke Bennett
Licensed Broker in Idaho
208 589 5599
http://www.seidahohomes.com
burkebennett@hotmail.com

Multi-Family

So you want to invest in multi-family real estate?

One piece of multi-family real estate can set you up for life. However, I believe you should have multiple streams of income.

I can help you figure out the cap rate, the cash after debt service, the net operating income, and all the other ratios that the bank is going to want to know.

I can help you structure your deal. What about deferred maintenance credits, owner carry, inspections, surveys, and security deposits. What is the best day to close? How long will it take you to get the loan? I not only own multi-family property, I have had classes taught to me by a guy who just buys multi-family properties.

Once you own the property, what about forced appreciation? What about natural appreciation. What about repackaging the deal and refinancing it. Can you make the deal more valuable than the guy that owned it before you?

The very things I am talking about are taught in the divide and conquer class. It is a two day class taught by one of the smartest guys in business. You could actually go to class with me if you would like. You will easily get the money you spend back on one deal. This guy teaches people how to become a millionaire by applying knowledge.

I would love to analyze it for you. I charge you nothing to represent you as a buyers broker.
So email me to send you some multi-family properties. I can help you buy any multi-family property in Idaho.

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