A month or two ago, Lezamiz Real Estate Co. discussed renting vs. buying a home, and the benefits that each one brought to you. This week, we wanted to emphasize the rewards to reap from owning your own home. Here are seven great reasons to own, courtesy of Realtor magazine!
1. Tax breaks: The U.S. Tax Code allows you to deduct the interest you..(read more)
It is a great time to buy a home in the Magic Valley! Here at Lezamiz Real Estate Co., we want to make the experience an enjoyable one, not one you want to forget. We wanted to share some tips with you from REALTOR magazine!
1. Find a real estate agent that you connect with. It is very important that you and your realtor get along and are able..(read more)
The time to be completing taxes is well upon us, with the deadline of April 15th quickly approaching. Lezamiz Real Estate Co. wanted to inform you about a great opportunity that recently became available. There is now an $8000 tax credit available for first-time homebuyers. This is a great opportunity for anyone looking to buy their first home this year.
This tax credit was modified..(read more)
When you are looking to buy a home, the payment you will make each month is a big concern. If it is too much, you need to be looking at a more affordable home, and if it is really low, then you could possibly afford a few more amenities with your new home. When looking to buy a home, you have to decide what you will not compromise on in a home, but what you realistically can afford. The..(read more)
As promised, Rent vs. Buy is the topic at Lezamiz Real Estate Co. this week. We are going to look at renting, and some of the costs you can expect when living in a rental. Also, we will examine the pros and cons of renting. Then, using home prices based on a current median price for homes in Twin Falls, ID, we will look at the approximate monthly cost faced when buying..(read more)
Happy New Year from all of us at Lezamiz Real Estate Co.! This week we will look back at 2008 and the real estate price trends that Twin Falls, Idaho experienced throughout the year. Using MLS (Multiple Listing Service), we pulled up homes that sold in 2008 in Twin Falls, Idaho. This search gives the average price of all the homes sold in each price range per quarter and their average..(read more)
Are you looking to buy or sell a home in Twin Falls or Jerome County? It’s always good to know the market conditions for the price range of your home you want to sell, or one you are interested in purchasing.
Last week at Lezamiz Real Estate Co., we defined absorption rate in depth. Today we will explore absorption..(read more)
Today, at Lezamiz Real Estate, we are discussing absorption rates in the Twin Falls and Jerome, Idaho real estate markets. We will define absorption rate, give you the formula used to find absorption rates, and provide you an example of absorption rates for properties in the Magic Valley market.
Definition
In real estate, we define “absorption rate” as the amount of time, a group..(read more)
The typical homeowner’s policy includes coverage for perils and losses due to fire, lightning, tornadoes, windstorms, hail, explosions, smoke, vandalism, and theft. Just as you would scrutinize the terms of your medical insurance, the nuances and details of your homeowner’s policy should be examined seriously. Too..(read more)
If we stop and think through the process we tend to buy homes when everyone else is. That also happens to be when sellers can ask more for their homes because of demand. On the opposite side when we hear in the media that houses are not selling we tend to not purchase because “no one else is”. For many buyers, now is the perfect time to buy. Home prices are lower,..(read more)
