Thom and Dave go over how popular Kuna, Idaho has become. It seems as if everyone wants to move there, which means Kuna's Real Estate market is fiery red hot! Michelle Guth goes on to tell us about how a major change has occurred when it comes to Student Loan payments and their bearing on your Mortgage Approval. 

Dave Burnett:                    This is the Idaho Real Estate Buzz. I'm Dave Burnett. He is Thom Dallman, the co-owner, designated broker of Core Group Realty, coregrouprealty.com. And 933-7777. That is the phone number that you can call anytime to talk to the folks, friendly staff standing by right now to answer any questions you may have, whether it's about the Parade of Homes, whether it's about one of the vendors you hear here on this show like Diversified Mortgage. They can get you in touch there. Or if you're looking for a real estate agent, they can talk to you a little bit about Core Group and what Core Group offers as a company to you, whether you're buying or selling a home. Thom, welcome back.

Thom Dallman:                  Thank you! Thanks for having me and partnering up with me on this and helping to educate people on real estate and everything that's happening in the real estate market.

Dave Burnett:                    And that really is what this is about, is to educate you. This could be the biggest transaction, the biggest business deal that you will do in your life. And that would be your new home. Some of these homes, you know Core Group can get you into a home for $150,000, $170,000, but some are going for $300,000 or $400,000 or $700,000. That's a huge investment.

Thom Dallman:                  It's a huge investment and one that is important for everybody to be able to know that they're getting the investment that's right for them and getting into a home that they're meant to be in and investing in themselves.

Dave Burnett:                    Well, one of the things Core is so good about and that is matching you the customer up with an agent that will fit your personality, will fit what you need. Because there's nothing worse than going into a major business deal- and let's be honest, it's what it is, it's a business deal- with somebody that you just don't get along with.

Thom Dallman:                  Exactly.

Dave Burnett:                    And you make a real effort to try to match people up with people that work.

Thom Dallman:                  Yeah. You've got to be comfortable with your trusted advisor. You're trusting this person to help guide you through this process on this large investment. And that person needs to be on the same page as you, needs to fit your personality, fit your dynamics. That's why I always recommend to all my agents that they try to set up an initial consultation with their clients to really dive into expectations and needs and wants and make sure they are matching up and so forth. It's important to interview your agents and make sure that they fit.

Dave Burnett:                    One of the things that Core does, and does so well, and that is social media. And whether that's Twitter, or whatever, or the Internet, it is such a huge part. Like anything now, people buy appliances, they know what they're going to buy before they get into the store because they've done it online. And if you don't have a good website that is promoting your home, you're done. You're behind the eight ball.

Thom Dallman:                  Exactly. I don't remember the exact statistic, but I believe that it is up in the low 90s, 95% or something like that, of people start their inial home search online these days. It's huge! It's a huge part of anything that you search for. The minute that you see something on TV that you're semi-interested in, the first thing you do is grab your phone and you go to Google and you Google it up. Go to the Google.

Dave Burnett:                    Go to the Google. And that's what you do. And that's why at coregrouprealty.com there is a Coming Soon tab which I like. When somebody has a home that they're getting ready to sell, it's not quite ready not quite yet, it's not gone to the Multiple Listing Service, you can still see the Core homes that are on the website on the Coming Soon tab.

Thom Dallman:                  It usually shows up on the coregrouprealty.com site on Coming Soon as well as gets posted to our Facebook page, the Core Group Realty Facebook page. We usually post them on there as well, with a link back to the site, of course, to check them out.

Dave Burnett:                    What do you got on the Coming Soon?

Thom Dallman:                  We got six of them, actually.

Dave Burnett:                    Nice.

Thom Dallman:                  So, we'll try to see if we can through them. The two newest ones though are 1754 West Mulhuland Court in Kuna. This is a three bed, two bath, on 0.24 of a acre, 1,169 square feet, single level home. It does have a two-car garage on it, as well as RV parking. This is in the Discovery Creek subdivision and it is coming on at $175,000, and should be live in the middle of May. Once again, that's 1754 West Mulhuland Court in Kuna, coming on at $175,000 for a three-bed, two-bath, 1,169 square foot house, single level.

Dave Burnett:                    Kuna just a red-hot market town right now.

Thom Dallman:                  Growing. Growing. Everybody loves the feel out there, loves the community. Definitely a place that people are moving to.

Dave Burnett:                    There was that time it was like, "Kuna, that's way out there in the middle of nowhere." Well, now it is the middle of somewhere.

Thom Dallman:                  Right?

Dave Burnett:                    It truly is. What's another one you have coming up?

Thom Dallman:                  We've got another one here in Boise, actually, in the 83709 zip code. It's at 11206 West Chapin Avenue. So that's the Hidden Valley Estates subdivision. It's a three bed, one and a half bath, actually on 0.54 of a acre. So, to find something on a little bit of acreage in Boise is rare sometimes, so it's a nice one. At 1,300 square feet, 1,308 to be exact, another single level home. This one is coming on at $190,000. It should be live about mid-June is when they're anticipating having everything ready for it to go and to get it on the market.

Dave Burnett:                    And did you say this was at Hidden Valley?

Thom Dallman:                  Yeah, Hidden Valley Estates subdivision. Once again, 11206 West Chapin Avenue in Boise.

Dave Burnett:                    So, a couple of brand-spanking-new ones for you.

Thom Dallman:                  New Coming Soon. A little bit further out for them to become available. And then we've got several other that are looking towards middle to end of May to come out. The first one's out in Nampa at 315 10th Street. This is a two bedroom, one bath, 995 square foot home, great starter home, coming on at $90,000, which is a rare price point in our marketplace today with prices hitting the top of the market and so forth.

Dave Burnett:                    Yup, anymore. So if you're looking for a starter home or if you're looking for a property investment, a great way to go.

Thom Dallman:                  Great investment home, for sure. This is a great one to do. 315 10th Street north in Nampa at $90,000. Moving over to Star, we have 603 North Carswell Way. That is a three bed, two bath, 1,899 square feet on 0.21 of a acre. This one is in the Southbrook subdivision. Is coming on at $230,000. Should be live by the end of May. This is one of those lovely split-bedroom floor plans. Master on one side and the other two bedrooms on the other. Great home to check out for the price. Like I said, it's three bed, two bath, single level. Everybody loves that single level, about 1,900 square feet. And that's at 603 North Carswell Way in Star.

Dave Burnett:                    And Star much like Kuna. At one point it was, "Why would you want to move to Star?" And Star is just red-hot. Some great restaurants in Star. So, everything you want's right there.

Thom Dallman:                  And if you're following the Parade of Homes, there's several homes out there in Star that are in the Parade of Homes, so go check them out. We can talk about that a little bit later.

Dave Burnett:                    And take a look at this one as well.

Thom Dallman:                  Sure. Sure. Another Coming Soon that we have is 912 South Hebdon Lake Avenue. This is a four bed, two and a half bath, at 2,670 square feet, so it's a nice, big, two-story home with a kitchen island. It's on a corner lot, so it has lots of garden space and actually has some garden spots in there, some raised garden beds. Great bonus room. This one's actually coming on at $205,000. So a really good price point for that large of a house with that much square footage; 2,670 square foot for $205,000 is a great price.

Dave Burnett:                    And just to remind you, this is on the Coming Soon tab at coregrouprealty.com. You can see all of these homes and check those out right on the web.

Thom Dallman:                  Yup. For sure. We've got one more. Got one more here in Boise. 2409 North 21st Street in Boise. This is a north-end rehab that Heather Echevarria and Innovative Custom Homes is doing. This is a big house, four bedroom, three bath, 0.25 of a acre, which is rare for the north end, 3,100 square feet, and it's a two-story with a below grade. So there's space below. It's got RV parking. They're putting in hardwood floors, central vac. They've got a den room in that house as well. So, yeah, just a big house in the north end, which is rare, with a big lot.

Dave Burnett:                    With the RV parking on it? That's unheard of.

Thom Dallman:                  Right? And that one is coming on at $699,997. Great price for a great home down in the north end.

Dave Burnett:                    And that's on 21st?

Thom Dallman:                  21st. 2409 North 21st Street in Boise. Should be live, I believe, by the end of this month.

Dave Burnett:                    Excellent. And do you have any featured homes? Homes that are listed that you want to talk about?

Thom Dallman:                  Yeah! Yeah, we got a couple just listed homes that came on the market this last week. 2746 West Wind Drive in Eagle. This is a three bed, two bath, 2,750 square feet in the Colony subdivision. And this came on at $525,000 for 0.86 of an acre in Eagle. Another good, big property with lots of space. And get this, it has a seven-car garage.

Dave Burnett:                    That just- I'd have to go buy several cars. Or more stuff to put in them. Seven-care garage.

Thom Dallman:                  Seven-car garage for the car lover. Somebody who owns some antique cars, could utilize that space really well.

Dave Burnett:                    We have talked about this in the past. Typically when a home is listed in this square footage, it does not include the garage-

Thom Dallman:                  It does not. Usually square footage is separate from the garage.

Dave Burnett:                    So, I'm thinking seven-car garage. That's a house all on it's own.

Thom Dallman:                  It definitely could be.

Dave Burnett:                    So if you fancy your cars, or maybe you're kind of a backyard mechanic, you love rebuilding cars sort of thing, it'd be ideal.

Thom Dallman:                  Yeah. 2746 West Wind Drive in Eagle. That 0.86 of a acre gives you lots of space to move those cars around if you need.

Dave Burnett:                    Yeah, exactly.

Thom Dallman:                  Definitely worth checking out.

Dave Burnett:                    And that Colony subdivision, by the way, it's a really, really nice subdivision. I've been through there several times. Just a great subdivision. Easy access to everything going to Highway 55 jumping up to McCall. Easy access there.

Thom Dallman:                  Yeah, for sure. So definitely recommend checking that out as well as checking out 1061 West Newport Street in Meridian. In the Misty Meadows subdivision. It's a three bed, two bath, 1,366 square feet, single level home, with a two-car garage. And that one is on at $210,000.

Dave Burnett:                    All right. Those are on the Featured Listings, which are homes that are open right now to the Multiple Listing, so everybody is looking at these. The other ones are on the Coming Soon tab, which you got an exclusive invitation to come and take a sneak peek at these and soon as they hit the open marketplace, you can make your bid on those. Try to get into those homes. Check that all out at coregrouprealty.com. And as we talked about, that website is so important for you as a shopper if you're looking, or for you as a seller if you're selling, that website is there as just an incredible tool.

Thom Dallman:                  Yeah, for sure.

Dave Burnett:    We'll continue on the other side. We'll be talking with Michelle Guth with Diversified Mortgage and find out what's new and going on. And as I understand it, she's got several things that have changed recently which could have a huge impact on you if you're a student, or if you have student debt. So we'll talk to Michelle coming up here on 580 KIDO. It's the Idaho Real Estate Buzz.

Dave Burnett:                    This is the Idaho Real Estate Buzz. I'm Dave Burnett along with Tom Dallman and Michelle Guth with Diversified Mortgage, equal opportunity lender, is in studio again. Michelle, welcome back, Diversified Mortgage, very busy, helping people get into homes.

Michelle Guth:                  And we're loving it. The market is going crazy, Dave.

Dave Burnett:                    So it's kind of funny in that there's so much speculation of what's going on and what's happening and what isn't happening, what's rumors and what's true. You have some truths of things that have changed here in the past couple of weeks.

Michelle Guth:                  Yeah. Actually, Fannie Mae came out with some major changes for conventional financing, which is really going to help our consumers. So I thought we'd touch base on that today.

Dave Burnett:                    Okay.

Michelle Guth:                  Some of our past segments, we talked about the challengers of our clients being able to approve due to the student loan debt. The rule used to be that regardless if the loan was in deferment status, forbearance, income-based repayment, we had to count 1% of the outstanding balance, which, in many cases, prohibited clients from being able to qualify. It really skewed their debt ratio.

Dave Burnett:                    Okay. Let me stop you there. Say that again in English now. If what was in deferment? What was what?

Michelle Guth:                  Student loan debt.

Dave Burnett:                    Okay.

Michelle Guth:                  So, in most cases-

Dave Burnett:                    I owe money to the schools.

Michelle Guth:                  Yeah. Most cases, individuals that have student loans are not making the fully amortized payment. It's pretty uncommon to see that they're not in some form of a plan. But, again, for mortgages, we had to count 1% of the outstanding balance, regardless of what agreement they had with that student loan.

Dave Burnett:                    Okay.

Michelle Guth:                  Yeah. So as a result, it was making it difficult for them to qualify. So what the Fannie Mae rules have come out with is that if the loan is currently in an income-based repayment plan, which, again, is the case for most people coming out of school.  They will now allow us to count the payment that's showing on the credit report for the income-based repayment plan versus having to adjust it up to that 1%, which is significant.

Dave Burnett:                    Kind of just rough it out. Let's say somebody owed $50,000 in student loans. Do you have a rough number of how that would work out?

Michelle Guth:                  It really varies dependent upon the servicer. But before we'd be counting $500. And, now, it's probably going to be less than half of that.

Dave Burnett:                    Oh, okay.

Michelle Guth:                  So it's very significant.

Dave Burnett:                    And some people have a lot more than $50,000 in student loans.

Michelle Guth:                  They do, absolutely.

Dave Burnett:                    So that takes effect when?

Michelle Guth:                  Immediately. So we are ready to go on that. So we can factor that in. So if you're previously pre qualified with another lender and your approval limit was limited due to student loan debt, I encourage you to give them a call, and see if you can maybe get your purchase price adjusted.

Thom Dallman:                  That would be awesome, yeah. Definitely worthwhile to check into for those that have student loans. Because they know that, when that changed, there's a bunch of people ... Originally, when it went to the 1% that no longer qualified. So--

Michelle Guth:                  Exactly.

Thom Dallman:                  There are now ... Maybe the opportunity to qualify again.

Michelle Guth:                  Yeah. The pendulum has swung back the other way, which is great for our consumers.

Dave Burnett:                    Well, there were so many people that during the recession ... during that six, seven years that they went back to school. So many people accrued student debt that there's probably a lot of people out there that this would affect.

Michelle Guth:                  There is a significant number of people, so we're real excited about that change. I think it's going to help a lot of the consumers get into homes in Idaho.

Dave Burnett:                    And what's one of the other changes you've seen?

Michelle Guth:                  Well, another one I'm excited about is the removal of cash-out restrictions for properties that were listed in the last six months. So we don't see this a ton.

                                                But we do have that scenario where a client decides to list their home to sell it in the hopes that they're going to buy a new property. And then they change their mind, and say I'm going to stay where I'm at, and I want to do home improvements. And, basically, do a cash-out refinance.

                                                When the home was previously listed on the market, they were prohibited from doing a cash-out refinance until it'd been off the market for six months.

Dave Burnett:                    Oh, Okay.

Michelle Guth:                  Now, they removed that restriction. So as soon as we can get confirmation it's been removed from the MLS, we can immediately do a cash-out refinance.

Dave Burnett:                    That's a big difference too then.

Michelle Guth:                  It is versus having to wait that six-month waiting period if they do decide to change their mind.

Dave Burnett:                    So those are two changes that we've seen and that's effective immediately as well?

Michelle Guth:                  It is.

Dave Burnett:                    All right.

Michelle Guth:                  Another great one regarding student loans is it used to be that anytime you pulled any type of cash out of your home to pay off debt, it's considered a cash-out refinance, regardless of what the intent is.

                                                And there's a rate variance from doing a rate term refinance where you're paying just a mortgage or if you're pulling out cash for whatever reason including pay off of debt. Fannie Mae has now said that you can pull equity of our your home, in the form of cash to pay off student load debt, and you're not going to get hit with that cash-out adjustment.

Dave Burnett:                    Wow! That-

Michelle Guth:                  So they're going to treat it like a rate term refinance.

Dave Burnett:                    That one's huge.

Michelle Guth:                  That is great, absolutely. So it saves them a chunk on their interest rate. And over the life of the loan it's significant-

Dave Burnett:                    That's a significant number.

Michelle Guth:                  Savings.

Dave Burnett:                    So if somebody's been in their home for a while, they've got some equity built up. They've been fighting with their student loan, fighting with it, and just ... I know I've got some friends that have student loans, that they lie awake thinking about it at night.

Thom Dallman:                  Oh, yeah.

Dave Burnett:                    It's not going away.  It's a good way to get this gone.  Now, let me ask you this question.  If I've taking money out then to refinance to pay off a student loan, then is that, at least, at this point, that money is tax deductible? Is it not or is it?

Michelle Guth:                  I am not a tax advisor, Dave.

Thom Dallman:                  Talk to your CPA for that.

Dave Burnett:                    It's part of a home equity loan. I'm just thinking to myself. Check with your tax advisor on that.

Michelle Guth:                  Exactly. You could have some added benefits. It's a good point, yes, Dave.

Dave Burnett:                    I'm just still thinking taxes. Some of us didn't pay our taxes. We put in a delay on doing our taxes this year.

Thom Dallman:                  Exactly.

Dave Burnett:                    But that is really huge, though, for somebody who's really been struggling with their student loans. The fact that that now is allowed.

Michelle Guth:                  Yes.

Dave Burnett:                    That's a big one.

Michelle Guth:                  We're, again, looking forward to that. That's certainly going to help. And in our market, we have some condos, not a ton of them. But for those that are in the process of doing a refinance on their condominium, we no longer have to go through the condo review process, which is fabulous.

                                                Because the big change with that is with the condo ... We've talked in the past, where you have to have a certain number of owner occupancy versus nonowner and so forth. And that can change after you purchase the property. Whereas, maybe the complex is no longer financeable. Maybe you have too much of a concentration of investment properties, but you want to refinance your house.

Dave Burnett:                    Which, by the way, is totally independent of ... It's not your fault.

Michelle Guth:                  Exactly.

Thom Dallman:                  Exactly.

Michelle Guth:                  There's nothing you can do about it, and then you're in a pickle.

Dave Burnett:                    Yeah.

Michelle Guth:                  So if you decided you wanted to do a refinance, they're no longer requiring that review process, which, in turn, is what could've caused that issue where you wouldn't have been able to complete the transaction.

                                                So now you have to basically get your master policy for the condominium, and do a refinance without having to go through that formal process again. So that'll be great if you're currently an owner of a condominium.

Thom Dallman:                  That only applies to refinancing on those condos.

Michelle Guth:                  Correct. Exactly. For refinances only.

Dave Burnett:                    So it's been a busy week in the financial world.

Michelle Guth:                  Yeah. And I'm happy to [crosstalk 00:06:56]

Dave Burnett:                    Holy cow.

Michelle Guth:                  And I'm happy to come back and have good news to report versus I've got bad news.

Dave Burnett:                    So for a couple of things affecting people with student loans, people with condos. So that's good news. Now, if somebody wants to get ahold of you, and wants to talk about this more that may be suddenly it just hit them right across the front of the face, that's me. How do they get ahold of you to work on that to get that done?

Michelle Guth:                  You can just give us a call at the office, which is 853-7878, visit our website, which is dmgloans.com or even stop by and see one of my loan originators. We're there on the corner on Marigold and Glenwood right across from the Garden City Hall and library.

Dave Burnett:                    Now, I know while you're gone and I know ... I saw you did not bring your crystal ball with you. But we did note that interest rates actually kind of went down a little bit here a couple of weeks ago.

                                                I don't know if they've gone back up again because it does vary. But they did go down a little bit. Where are we standing? Are they standing still? Going down? Going up? What do you see?

Michelle Guth:                  Thankfully, after we had the Feds raise rates that quarter percentage point, we thought we're going to see a significant spike. It had the exact same impact it did at the end of 2016 where we saw a reversal where people started buying up the mortgage-backed securities and so forth and the market ended up rallying a little bit.

                                                So we ended up seeing them come down a little bit, but they really leveled out. Thankfully, we're not seeing much adjustment in the last few weeks above more than a quarter percentage point back and forth. So we're not seeing a huge amount of volatility.

Dave Burnett:                    And that's typical? Is that typical?

Michelle Guth:                  It is, unless there's something significant in the market, we're normally not seeing anything beyond an eighth to a quarter change in a one-week span. So it's been pretty consistent.

Dave Burnett:                    And we've talked about this before, but loan ... The rates going up. They're still just almost at an all-time low.

Thom Dallman:                  [inaudible 00:08:42]

Michelle Guth:                  Oh, they're amazing, absolutely. I don't think there's any reason to delay in locking in an interest rates. And I'd certainly talk to your loan advisor.

                                                They're watching all of the market reports and economists and so forth to see what they think the trend is going to be. But I always say, there's a lot of more room for them to go up than there is for them to go down.

Thom Dallman:                  Exactly.

Michelle Guth:                  So definitely worth looking at all that information to determine when to lock in.

Dave Burnett:                    And if you do not have a loan advisor, we have one for you, that's Michelle Guth, and the folks at Diversified Mortgage. Just an open statement that we recently refinanced, went through a Diversified Mortgage and just had ... We had a pleasant experience.

                                                To be honest with you, I hate doing that kind of thing. I do. I'd rather go get a root canal, which I did that not long ago too. But it was very pleasant, very easy, and the staff ... They just made it super easy. I was astounded.

Thom Dallman:                  Great.

Dave Burnett:                    In fact, when I went in there, Michelle says to me, "So do you want to do this or talk about this?" I'm just like, yes, we want to do this.

Thom Dallman:                  Do it.

Dave Burnett:                    So we got on it right then, so ...

Thom Dallman:                  Well, yeah, I can testify too that not only have we had a business relationship, but, yes, we've always gone through Michelle and Diversified for all of our loan needs throughout the years as well. So definitely clients, long-time clients, as well as partners in the business world.

Michelle Guth:                  Thank you for that, gentlemen.  And can I ... do I have time to do one more final update?

Dave Burnett:                    Absolutely.

Michelle Guth:                  Fabulous. So one other thing is, in the past, we have had to require a client that cosigned for somebody on a loan to factor in that debt against their debt to income ratio.

                                                If you could prove that the prove the person that they cosigned for was making the payments for 12 for consecutive months, we could negate that from their debt ratio. They have now changed the rules on that that say, for example, you basically got a loan on behalf of your kid because they couldn't meet their credit requirements.

                                                We can show that your child has made those payments for the last 12 months. We still can negate that debt from their debt ratio, even though the son or daughter is not obligated on the note. And that's with regards to any type of debt with the exception of mortgages.

Dave Burnett:                    That's another big change.

Michelle Guth:                  Huge change. So, again, many times, they maybe don't have the credit to qualify, so you do the loan on their behalf, but they're making the payments. That's going to be a huge help their debt ratio, be able to back that out by showing that the other parties made those 12 months' worth of payments.

Dave Burnett:                    Wow!

Michelle Guth:                  Lots of good stuff this week.

Thom Dallman:                  Lots of good stuff.

Dave Burnett:                    It is.

Thom Dallman:                  I like it.

Dave Burnett:                    A gold star to Michelle Guth, Diversified Mortgage, equal opportunity lender, of course, give them a call and check some of this out. If it affects you, don't wait around. That's my biggest advice, don't think about, go, well, maybe next month. No, get it done now, find out-

Thom Dallman:                  Jump on it.

Dave Burnett:                    Because you could be saving some big bucks.

Thom Dallman:                  Exactly.

Dave Burnett:                    We'll continue on the other side. This is the Idaho Real Estate Buzz here on 580 KIDO.

Dave Burnett:                    This is the Idaho Real Estate Buzz. I'm Dave Burnett along with Thom Dallman of Core Group Realty. Coregrouprealty.com is a website that you can go to. And of course, you can always call 933-7777.

                                                Thom, it started last weekend and from all indications started out very well and that's the parade of homes.

Thom Dallman:                  Yes. The spring parade of homes one of my favorite time of the year to really get to see all the new concepts, new ideas, new floor plans, all that fun stuff. We actually have Heather [Ectavarier 00:00:31] here again.

Heather:                              Thanks for having me.

Thom Dallman:                  Thanks for coming in Heather and talking about the parade. The parade home had a lot of traffic this weekend.

Heather:                              It did. It was a very popular parade home because it's different than any other home in the parade right now and also any other home in the valley because we're the only ones utilizing this technology to build with concrete. So it's really kind of a cool house. Yeah, we've had a lot of interest in it. Actually we sold.

Dave Burnett:                    Wait, wait, wait back up. You sold a house already?

Heather:                              We sold the house the first showing. First person that got to see it wasn't going to let it out of their hands. So yeah it's gone. But I can build it again.

Dave Burnett:                    You weren't asking enough. It's as simple as that.

Thom Dallman:                  Exactly.

Dave Burnett:                    That makes you feel good though.

Heather:                              It does.

Dave Burnett:                    Somebody comes in. Falls in love with it and says, "I'm not leaving until we sign."

Heather:                              Yup. It felt really good because it's the most energy efficient home in the parade. If you're familiar with the [hers 00:01:25] rating, we actually scored a 42, which the lower the better.

Thom Dallman:                  Amazing.

Heather:                              Which an energy star home rates in the 80's to 85.

Thom Dallman:                  So it's half of that?

Heather:                              So it's half of that. It'll save you 50 to 60% on your heating and cooling bills each and every month which is amazing.

Dave Burnett:                    Wow. Wow.

Thom Dallman:                  Yeah.

Dave Burnett:                    That is huge.

Thom Dallman:                  Isn't that huge?

Dave Burnett:                    I was just thinking about my gas bill, my electric bill in the summer. If I could cut that in half that realty is a lot of money now.

Heather:                              It is. It really is a lot of money. I mean it's not that much more to build this way. And with lumber prices increasing and the potential for them to increase even a little bit more right now, it actually may become a more cost effective way not just for utility bills but just construction costs in general.

Thom Dallman:                  Well and yeah we were chatting with over the weekend with one of the lenders over there at Diversified Home Mortgage that talked a little bit about taking that extra savings, if you're saving half of your utility bills, take that savings and apply it towards the principal on your loan and you can get your loan paid off up to like, what was he saying? 15 to ...

Heather:                              He said like 14 to 17 years sooner. Like a 30 year mortgage.

Thom Dallman:                  Oh yeah. It's amazing.

Heather:                              That's amazing. So then the home pays you.

Thom Dallman:                  Doesn't take much. Yeah, exactly.

Dave Burnett:                    The other thing, you had the contractor in here for this product here a while back. We were talking about ... The reason I was thinking of this, I was sitting on my back deck and I watching an airplane go by, a jet plane, and I thought you know really planes affect a lot of the valley. Not just those straight lined up with the run way but just coming over and if you had one of those homes it's sound proof.

Heather:                              It is. It's sound proof. It is so, so quiet in that house.

Thom Dallman:                  It really is.

Heather:                              I mean it's just amazing. And people really do notice that. And then on top of the energy savings, it also you save money on your insurance each month because it's a fire proof home. So there's just so many benefits to it. I mean the floor plan I absolutely love. I've been very happy in my current home but now I'm really like I want to build another one and I want to do this.

Thom Dallman:                  I've already asked. When I'm ready she's going to build me one too.

Dave Burnett:                    By the way in case you're wondering on the parade homes it's home number three three.

Thom Dallman:                  Three three.

Dave Burnett:                    So make sure you take time to go see home number 33. And if for no other reason because it is unique. It's different than any of the other homes.

Heather:                              Yes.

Thom Dallman:                  Exactly. Highly recommend getting out there and checking out all of them too. I mean they've got some really clever ideas, designs, a lot of homes out there to see. There's 38 I believe.

Heather:                              38 homes ranging in price, I believe, from like 220 all the way to like 1.4, 1.5 million. So it's a wide array of homes to choose from in the valley.

Dave Burnett:                    So there's something for almost everybody.

Thom Dallman:                  Exactly.

Dave Burnett:                    When you get into that 220 range. That's a very affordable home in this day and age.

Heather:                              Yes.

Thom Dallman:                  For sure.

Dave Burnett:                    Now Heather, you said that you've gotten out and seen a few of the other homes? What have you seen?

Heather:                              I love the colors that people are using. There's a lot of black and white this year which I think is par for the course. But I love seeing the different ways that they're decorating and introducing color into that because when you have a very neutral color pallette to start with you can kind of do anything with the rest of your decorations which is a really great thing to have in the home.

Dave Burnett:                    So what are they accessorizing with? Let's say they got white cabinets and black counter top in the kitchen, what are they accessorizing with?

Heather:                              Well just the different things you can put on your counters and the pillows on your sofas. You're not stuck in one like it used to be. It used to be you were in browns. So everything had to be brown. Now with the black and white and the grays you can add in the teals and you can add in orange and red and just really anything.

Thom Dallman:                  Good vibrant colors.

Dave Burnett:                    It's wide open.

Heather:                              Yeah really vibrant colors which is great.

Thom Dallman:                  Yeah for the longest time I made fun of new construction because it was always the taupe on taupe. Everything was taupe on taupe.

Dave Burnett:                    Taupe on ... Hell it's a lovely shade of beige.

Thom Dallman:                  It's nice to get some colors going.

Heather:                              Yup and it's nice to see the different finishes that you can use. The different types of quartz and granite. In ours we've got this huge, it's called laminam. It's not laminate. It's a large porcelain tile for counter tops. It comes in like ten foot by six foot slab that was originally designed for commercial uses because it's not porous. So it doesn't need to be sealed. It's more hygienic. It's just kind of a cool thing. So what you're seeing in all these parade houses is kind of the latest and greatest of everything that's out there for builders right now.

Thom Dallman:                  Actually I'm intrigued by your flooring that you put in too. It's made from recycled PVC pipes.

Heather:                              It is. It's made from recycled PVC so it's 100% waterproof. It's got a lifetime guarantee so it's child proof, pet proof, life proof really. And it looks great and comes in like 30 different colors.

Dave Burnett:                    So does it look like a wood? Is it a laminate in a sense?

Heather:                              It's a luxury engineered laminate is what they call it. The stuff that we picked is a seven inch wide by seven foot long plank. It looks like hard wood floors in ours. Like a rustic pine. It's just really a cool floor. And it's green guard certified so if you're trying to be environmentally friendly, which we were trying to be with our home, with the concrete walls and the recycled floors and all this stuff we were trying to do, it really helps you to accommodate that.

Dave Burnett:                    Some of the manufactured laminates now are so authentic you have to get right down on it to see that it's not wood.

Heather:                              Yup. The price of this stuff is comparable to that of like a engineered hard wood floor but you're not going to get the expansion and contraction that you do with an engineered wood.

Thom Dallman:                  With laminate, yeah.

Heather:                              Or with anything else. So it really is great floor. It looks great.

Thom Dallman:                  It's beautiful.

Heather:                              Yeah I just love it.

Dave Burnett:                    Why is it excluded from expansion?

Heather:                              Because it's recycled PVC. So it's like the PVC pipe material. It doesn't soak up any water. So what intrigued me about when I first saw it two years ago was they actually had it in a fish tank, submerged in a fish tank in the middle of the show room and there was a days counter of how long it had been in there. And yeah 100% waterproof and for a residential warranty to have a lifetime warranty is just almost unheard of. So it's awesome.

Dave Burnett:                    Wow. Home number 33.

Thom Dallman:                  Home number 33. If you want to check out all this great stuff.

Heather:                              And I'll be there all weekend. So today and tomorrow.

Dave Burnett:                    But you're not going to be trying to sell it?

Heather:                              No but I can build it again.

Dave Burnett:                    I wonder how odd that is for somebody who purchases a home to realize that thousands of people are going through your home between the time that you say you're going to buy and you get it. THat's kind of an odd thing.

Heather:                              I guess maybe but these buyers came up specifically for the parade. So they were going around looking at some of the homes. Doing private showings. And you know it was our first showing on the home and yeah no more private showings. They took it.

Thom Dallman:                  So they wanted it. They're moving in four days?

Heather:                              Four days after the parade they will close. So yeah I had to call the stagers and I know you just got done putting all the furniture in this and making it look so pretty but yeah we need to pull it on the 15th of May.

Thom Dallman:                  Congratulations. Much deserved because the home is beautiful.

Dave Burnett:                    Let me just state this again with the parade of homes that's one of the reasons they're so nice, is that all the homes are staged and they're done very nice, very tastefully. To go through it's not like you're going through a big empty house. You're looking at homes you feel like you can move right in to.

Thom Dallman:                  Oh yeah. I checked out a couple on Saturday over in Star next to another house that Heather has available and I took a couple pictures of the artwork because I'm like, "Oh, I want this artwork for my home." So that's another reason to go to the parade of homes is to see some of the newest artwork and design, interior design of artwork and stuff like that. Definitely worth checking out.

Dave Burnett:                    Very good. Heather thank you so much. The hours for the parade of homes, what is it for this weekend?

Heather:                              So on the weekends we are noon until 8 p.m. And then we're still open during the week as well. So Monday through Thursday from 5 until 8 p.m. Friday through Sunday noon to 8.

Dave Burnett:                    And you can check out the website for the parade of homes or if you can't figure that out just go to coregrouprealty.com. Find the link and check it out. Enjoy looking at the homes

Thom Dallman:                  All right. For sure.

Dave Burnett:                    We'll continue on the other side here on 580 KIDO.

Dave:                    This is the Idaho Real Estate Buzz. I'm Dave Barnett, along with Tom Dullman. Tom is the co owner, designated broker of Core Group Realty. Core Group Realty dot com is the website, and make note of that because we're going to be talking about the web here in just a minute. Core Group Realty dot com. Or, you can call nine, three, three, seven, seven, seven, seven. And the reason Tom I mentioned it is we're going to talk about some of the vendors you have.

Thom                      Yeah.

Dave:                    So that phone number's good too. Nine, three, three, seven, seven, seven, seven. You can call and talk to somebody. And when I say vendors, somebody may go, "Real estate vendors? What are you talking about?"

Thom                      These are partners of ours that we've had really good experiences with over the years. In real estate it's all about the relationships that you build, not just with clients, but with all the other business owners and people out there. So, we have numerous people that we can recommend, whether it's looking for someone to clean your windows, to down to someone to clean out the septic tank. We've got some great contacts out there.

Dave:                    When it comes to recommendations, we live in an age where anyone can put up a website and look like a professional.

Thom                      Correct.

Dave:                    Anyone can drive a truck with a nice ramp on it and look like they know what they're doing.

Thom                      Correct.

Dave:                    So, it really does come down to that word of mouth saying, "here's somebody that worked for me." So, for Core Group to get on board and say, "Here's somebody that we have used and trusted," it's such a huge thing for people to do just to have a little bit piece of mind. Because, let's be honest, you get somebody in doing some major work around your house, A, it's expensive, and B, if you don't get it done right you can really be disappointed.

Thom                      And you can actually hurt yourself, or your home, or your property depending on who you get in. You really want to make sure that they're trusted people. We talk about all the time, going to Angie's List and places like that to get reviews. Go on Yelp and see what reviews people got. [crosstalk 00:02:13]

Dave:                    But then again, and nothing against Angie's List, but then again, who's Angie?

Thom                      Right.

Dave:                    I mean, honestly, who is Angie.

Thom                      Exactly.

Dave:                    These are people who have bought into this service and have good reputations, which is a good thing, but I know who Tom Dullman is.

Thom                      Yep.

Dave:                    And if i wind up using a guy I'll go, "Tom, I thought you said this guy was good?"

Thom                      Yeah. Yeah. [crosstalk 00:02:39]

Dave:                    I know it puts heat on you.

Thom                      Oh no. That's what I'm here for, and that's what I want to do is be able to connect people with people I know that they can trust. And that they will be able to have relationships with.

Dave:                    Well, okay. We're at the time of year now where I know looking at my house, my windows could really use a bath.

Thom                      Oh yeah.

Dave:                    I'm talking like they really need to be cleaned, razor blade type cleaned.

Thom                      I've got my window cleaning for this next week with our vendor the Our Glass Cleaners. They've been cleaning our windows for, gosh, I would probably say about four years now.

Dave:                    You say Our Glass?

Thom                      It's Our, yeah.

Dave:                    Our glass.

Thom                      O-U-R. Not hour as in H-O-U-R. But, Our Glass Cleaners. If you check out our website we have a link to their website as well as Chris Demarth, the owner, to get those schedules. But yeah, they come in and clean inside, outside. We have some decks on our house that actually have glass railing, so they do the glass railings for us and stuff. And, talk about efficient and so worth the money, they do such a great job and they just come through so quickly and get it all clean, and you can see. You can see out the windows. But about twice a year we get that done.

Dave:                    I would love to talk to them. I have this question.

Thom                      Yeah.

Dave:                    There was a time I remember as a kid helping my dad do it, in the spring we put the screens up, and the fall we took the screens down. But now everybody leaves the screens up year round.

Thom                      Yep.

Dave:                    Should we be taking those down or not? So that's a question for later.

Thom                      That would be a good question for him, yeah.

Dave:                    For the window cleaner.

Thom                      I know some other people who have said technically you don't need to because our screens are designed now to be able to withstand the winters. The whole purpose of taking them down was-

Dave:                    Keep them from rusting.

Thom                      Yeah. Keep them from rusting or even the wood ones that would degrade after harsh winters and stuff.

Dave:                    But does it make the window harder to clean? I mean, after gunk has gone through that.

Thom                      I can tell you from experience, our glass cleaners they come through and remove the screens to wash the windows.

Dave:                    Yeah.

Thom                      So, probably maybe a little bit harder for them.

Dave:                    Perfect. So Our Window Cleaners-

Thom                      Our Glass Cleaners.

Dave:                    Glass. Okay. That's why you need to check it out at Core Group Realty dot com.

Thom                      Check them out. Check out ... speaking of windows, now's a good time to fix any of your blinds. I personally have some blinds that are in some need of repair and replacement. And so I'll be calling Blind Appeal actually today to reach out and try to get them to schedule an appointment to come and replace those. So, Blind Appeal. Great people over there. Frank, if you check out our site and get his information, and contact information. Does a great job running that company and getting people in. And affordable, great service. Just can't say anything bad about how they do their job.

Dave:                    Right. And again, that's one of those things you can go into the big box store and maybe do it, but if you don't know what you're doing.

Thom                      Right. Exactly.

Dave:                    You can make a real headache for yourself.

Thom                      Yeah. And make it look not so attractive.

Dave:                    Yeah. Exactly.

Thom                      So, have the professionals come in and do it. That's my philosophy. So, now's the time of year to get your carpets cleaned. You've been tracking snow and all that fun stuff through the house, and these crazy rainy days [crosstalk 00:06:06] that we've had.

Dave:                    All that road grime that's in the garage is in your house.

Thom                      Yeah. Exactly. So, Oxy Fresh Carpet Cleaning. Andy Redkey over there that runs Oxy Fresh does a great job. We use them, once again on everything that we do, including our office space here on Emerald. They come through and clean our carpets and do everything for us. We usually get-

Dave:                    Carpets look good. I was just looking at them. They look really good.

Thom                      Yeah. As Dave's looking around I'm like, "Well we haven't had them through yet for the spring cleaning."

Dave:                    Oh yeah. They still look good.

Thom                      Good. Yeah. We usually have them come through twice a year here at the office to get all the stains and you have just life. You use your carpets up. So, definitely someone worth reaching out to.

Dave:                    And I want to remind people. This is on the website at Core Group Realty dot com. And it's under tablet, is it vendors?

Thom                      Service providers.

Dave:                    Service providers.

Thom                      Yes.

Dave:                    That you can find these people. And if you can't remember that, remember nine, three, three, seven, seven, seven, seven. Talk to one of the customer care agents, they'll walk you through that. How to find the services.

Thom                      Yeah.

Dave:                    What else you got on there?

Thom                      Oh, don't forget now's the time of year to get your air conditioner up and running.

Dave:                    Oh. Good point.

Thom                      Your heater, so.

Dave:                    Your HVAC guy.

Thom                      Yeah. Your HVAC. Advance Heating and Cooling do amazing job. They're great service providers. They come quickly to get stuff going for you. So, Advance Heating and Cooling, been around since 1982. We've used them for several years now as well. So, definitely worth checking them out.

Dave:                    Are you aware you're supposed to get your air conditioner cleaned, that unit on the side of the house kind of cleaned up. You're aware of that right?

Thom                      Yeah. I am.

Dave:                    Yeah. I wasn't.

Thom                      Yeah. The more stuff that you get kind of in there and the grime and stuff builds up on that air condition unit.

Dave:                    Two years ago I had a service, need to do it again this year. But they went in and they cleaned it out, and I was stunned how much dirt came out of those babbles on that unit on the side of the house.

Thom                      Oh yeah.

Dave:                    They put a solution through the thing. That dirt that came out is like oh my goodness, who did that? I'm embarrassed.

Thom                      Right. Yeah. That's one of the things that you really want to do. Especially after this last winter that we had where there was so much debris flying around, and snow, and stuff like that. Unless you had it covered, that's really worth having them come out and check it out for sure.

Dave:                    So, yeah. I would recommend doing that because if you don't it's expensive. Repairs on your heating and your air conditioning, it is expensive to get it done. Much better to pay the smaller price for maintenance than the price of repair.

Thom                      Yep, for sure.

Dave:                    Exactly.

Thom                      Want to chat about one more.

Dave:                    Okay.

Thom                      This one is Smiley Septic.

Dave:                    Smiley, okay.

Thom                      Something that people don't talk about very often.

Dave:                    Well nobody wants to talk about their septic system.

Thom                      Right. But it's worth talking about. [crosstalk 00:09:03]

Dave:                    Then we have problems about it, then you do.

Thom                      Exactly. Yeah. Once you get a bad septic feel and so forth their can be a lot of expense getting into fixing them and what not. So, it's highly recommended that at least once or twice a year ... sorry. Every one or two years you get your septic tank drained, and cleaned out, and so forth. These guys do an amazing job. They're not only vendors, but clients. We've actually worked with them on several transactions to help them buy and sell property. So, yeah. Been around since 2001, and they are great at helping everybody with their septic needs. Whether you're putting one in, whether you need consultation on your current one.

Dave:                    But see, that's one of those things you don't think about going, "Oh, yeah. I got my septic guy."

Thom                      Right.

Dave:                    So what do you do? You go eeeny, meeeeny, chili beanie as you point and, okay that one in the phone book maybe.

Thom                      Yeah.

Dave:                    You just don't know. So this way it's a referral. It's somebody that you, as a company and a person, had history with.

Thom                      Exactly.

Dave:                    And somebody here local in the treasure valley.

Thom                      Yeah.

Dave:                    So, that's always a good thing.

Thom                      Check them out.

Dave:                    Check it out on the website at Core Group Realty dot com. The service providers that Core Group works with and is more than willing to give a recommendation for. So that way you go in with confidence know, okay, this is somebody that there's been human contact with.

Thom                      Yep.

Dave:                    Nothing more insecure than calling a number in the phone book and the guy drives up and is like I don't know anything about these people.

Thom                      Yeah. Exactly.

Dave:                    Good luck.

Thom                      Yep. I forgot to mention, Dan Bradshaw over at DMB Remodeling, as well, if you do have those small little handyman things that you need some help with. He's a great guy for doing that stuff as well.

Dave:                    Perfect. On that vendor list of-

Thom                      Yep. Service providers.

Dave:                    Service providers. Well, that wraps another edition of Idaho Real Estate Buzz. And we do this every Saturday at two o'clock. So tell your friends if you know somebody who's thinking about buying a home, or maybe you are. Let them know that we're here for them. And of course, you can always catch a podcast at Core Group Realty dot com, and also blogs and more information as well is always posted there for you. We do this at two o'clock every Saturday here on five eighty KIDO.

Innovative Custom Homes

Core Group Realty



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