Karen Daniel Nampa Real Estate

Underwater Homeowners Breathe a Sigh of Relief as Congress Renews Mortgage Debt Relief Act! On January 1, 2013, Congress passed an extension of the Mortgage Forgiveness Debt Relief Act. This extension of this act, which has saved homeowners more than $1 billion dollars in taxes[1], is great news for struggling homeowners ...

On January 1, 2013, as part of the so-called fiscal cliff negotiations, Congress passed an extension of the Mortgage Forgiveness Debt Relief Act. This extension of this act, which has saved homeowners more than $1 billion dollars in taxes, is great news for struggling homeowners nationwide, and for the agents that represent them. The ...

Canyon County’s median home price in October dropped to a 10-year low of about $82,000, slightly more than half of Ada County’s median home price, according to Intermountain Multiple Listing Service numbers released Monday.  The question is whether it will it end before discounts get even bigger. Canyon County’s median ...

First-time homebuyers accounted for a record-high share of purchases last month, according to new data released this week by Campbell Surveys. The results aren’t entirely unexpected, considering the April 30 contract deadline to receive the federal homebuyer tax credit is fast approaching.The momentum from the tax break is likely to continue ...

FHA recently announced a temporary (1 yr) relaxation of its "90-day" anti-flipping rule, which prohibits the use of FHA insured financing if the contract for sale was executed within 90 days of the seller's acquisition of the property.  What this rule said is that if an investor purchased a rehab home, remodeled it and ...