Fannie Mae - Home Path Mortgage Financing

I have seen a number of homes pop up around the Boise area recently that qualify for HomePath mortgage financing.  In my opinion this is a great program, here is why:

HomePath® Mortgage Financing

This special financing is available on Fannie Mae homes with the following logo:

• Low down payment and flexible mortgage terms (fixed-rate, adjustable-rate, or interest-only)
• You may qualify even if your credit is less than perfect
• Available to both owner occupiers and investors
• Down payment (at least 3 percent) can be funded by your own savings; a gift; a grant; or a loan from a nonprofit organization, state or local government, or employer
• No mortgage insurance*
• No appraisal fees
• Also eligible for HomePath Renovation Mortgage (see details below)
• HomePath Mortgage financing is available from a variety of lenders - both local and national.

As I stated, there are a ton of these homes in the Treasure Valley right now.  Feel free to search homes in the boise area at the HomePath website, or just give me a call!  I would love to do the work for you!

Noteworthy Events September 4-10

Mend Project 2nd Annual Donation Show  9/3  6pm

Linen Building - Suggested $5 donation or $2 with used eyewear donation

“Spectacled” features an exhibit of altered eyewear sent in by artists from around the globe for the silent auction, eyewear art created from an outreach workshop at The Boys and Girls Club and an art installation of over 1,000 pieces of donated used eyewear from the community. 

There will be informational booths on The Church of Craft, The ReUseum, Idaho Metal Arts Guild, The Mend Project and more. A free kid's workshop will allow children to create their own pair of spectacles the night of the event. Entertainment will be provided by the Vinyl Preservation Society of Idaho 

Proceeds from the event will benefit The Mend Project and Unite for Sight , a nonprofit organization that empowers communities worldwide to improve eye health and eliminate preventable blindness.

For more information on the Linen Building, click here.

City Harvest Celebration: Fall for Boise Kick-off  9/5   5-9pm
Grove Plaza

Join us from 5:00pm – 9:00pm in celebration of our local food, arts, and history -- a cultural harvest! Enjoy free live music (Boise Rock School, Opera Idaho, & Onomatopoeia), bid on silent auction items offered by local businesses and artists, and purchase Idaho wine and beer! 

Advance purchase tickets are also available for meals served potluck style and prepared by local restaurants affiliated with Think Boise First. For more ticket information, visit www.ssca.org or call (208)424-6665.

Eagle BBQ CookOff and Spudfest   September 5-7

Guerber Park  11am

September 5th., 6th, and 7th. Will bring back the Eagle BBQ Cook off and Spudfest for it’s second annual Idaho State Championship BBQ and community food festival at Guerber park in Eagle.

This year’s event will continue with it’s support of the Idaho Food Bank by offering admission to the public for a donation of non-perishable food items, or a fee of $2.00 which will go to the Wildland Firefighter Foundation.

In addition, the Boise Rescue Mission will be running the new “spud booth” serving baked potatoes, and Moto- Tech will be raffling a new ATV to benefit the Wildland Firefighter Foundation.

For more information visit the website here.

You're A Good Man, Charlie Brown

Boise Little Theatre

You're A Good Man, Charlie Brown

This is a musical based on The Comic Strip "Peanuts" by Charles M. Schultz.

The play runs Sept. 4-5, 11-12, 18-19, 2009 at 8 PM
Sept 10 & 17 at 7:30 PM and Sept 13 & 19 at 2 PM

Ticket price is $11 - Seniors/Students $9 

For other shows, visit www.boiselittletheatre.org

FIRST TIME HOME BUYER CREDIT

TIME IS TICKING!  HOMES LOANS FOR TAX CREDIT MUST BE CLOSED AND FUNDED BY NOVEMBER 30, 09!

After hearing so much buzz and confusion about the tax credit I thought I could answer some questions for those in need. The American Recovery and Reinvestment Act of 2009 expanded the first-time homebuyer credit by increasing the credit amount to $8,000 for purchases made in 2009 before Dec. 1.

For home purchased in 2009, the credit does not have to be paid back unless the home ceases to be the taxpayer's main residence within a three-year period following the purchase.

First-time homebuyers who purchase a home in 2009 can claim the credit on either a 2008 tax return, due April 15, 2009, or a 2009 tax return, due April 15, 2010. The credit may not be claimed before the closing date. But, if the closing occurs after April 15, 2009, a taxpayer can still claim it on a 2008 tax return by requesting an extension of time to file or by filing an amended return. News release 2009-27 has more information on these options.

Feel free to contact me if you have further questions regarding the tax credit.   This is an amazing credit!  With great prices in many areas of the Valley it is worth taking advantage of if you are considering buying in the immediate-near future.