208.639.7724

You do not want to miss this episode of the Idaho Real Estate Buzz! We have a couple fantastic new listings that just hit the market! Get some ideas to make the most of your time in your yard with a fresh, updated patio. Ron from Eagle Home Mortgage is here to explain how credit scores, debt ratios and reserves factor into your home loan process. One Call Restoration's Darius Elison also pops in to talk about floors!

 

Segment 1

 

Announcer:

This is the Idaho Real Estate Buzz with Thom Dallman of Core Group Realty, CoreGroupRealty.com. Give a call today, (208) 933-7777, find out why they say you always get more with Core.

 

Dave Burnett:

This is the Idaho Real Estate Buzz with Thom Dallman, the co-owner, designated broker of Core Group Realty, CoreGroupRealty.com, that is the website, or you can call (208) 933-7777.

Another week in the real estate world and lots of good news, lots of new homes out there listed, and good things going on.

 

Thom Dallman:

Yeah, it's a pretty active market right now, as we're kind of wrapping up the summer. I can't believe I'm saying that already, wrapping up the summer, going into the new school year and stuff. Surprised that we're seeing some more listings coming on and more opportunities coming up for people in the Treasure Valley and all over the place for new homes and all kinds of activity out there.

 

Dave Burnett:

Well, construction continues to be strong in the Treasure Valley, home sales, existing home sales. There are more homes out there and people are, like you said, I don't know, would you consider it kind of a leveling off of prices, or is it still climbing?

 

Thom Dallman:

I'm gonna say we're leveling out a little bit, yeah, with the influx of listings that have been coming on and stuff like that, we're kind of seeing more of a leveling out and a little bit of evening out of the playing field, if you will. Which I think is a great thing, we don't want too rapid of an increase for too long because things just will price us out and get us in trouble if it continues, so it's nice to see that evening out.

 

Dave Burnett:

We like to always say on this program, the Idaho Real Estate Buzz, this isn't just about buying and selling homes. I mean, for Core Group Realty, it is the business Core does, there's a lot of good companies out there that sell homes, but we just encourage you that if you're looking to buy or sell, find a trusted, reliable agent, find a trusted, reliable company, and interview two or three.

 

Thom Dallman:

Yeah, get out there and make sure you find that trusted advisor, is what I always say. And I say it over and over again, trusted advisor. This is the person that's gonna help advise you and guide you through this whole process, and you wanna make sure that it's someone that you can trust and know that they've got your back.

 

Dave Burnett:

And it truly will be, unless you're in the business world, it is gonna be probably the largest investment that you will ever make in your life, so make sure you get somebody you can trust and somebody that really is, and when I say a counselor, somebody who could really counsel you.

 

Thom Dallman:

Oh yeah.

 

Dave Burnett:

As far as what you're doing, what to do, how do we offer, do we insult them if we go too low, do we give it away if we go too high. So you might want to be sure to take care of business that way. And Core Group, you can give them a call, (208) 933-7777. Put them on the list of companies that will interview and find out whether it's a right fit or not.

 

Thom Dallman:

Always got somebody standing by ready to answer the phone and help you out.

 

Dave Burnett:

Exactly. And several new listings this week, when it comes to the website and what you have for sale.

 

Thom Dallman:

Yeah. We've got a couple of properties that came on this week that we're excited to share with everybody. One in Meridian and one in Nampa. So, let's talk about the Meridian one real quick. This property is at 5352 West Torana Drive, that's T-O-R-A-N-A, Drive. This house is a 2393 square foot house, so nice large house. It has a single level with an upstairs bonus room. The bonus room is built above the garage, so you've got a nice big space up there. There's a fourth office space that can be used as a fourth bedroom, so technically you can use it as a fourth bedroom and have a 4 bedroom house, otherwise you have a nice office space as well. This is listed at $355,900. We are doing an open house today from 1:00 to 4:00, so if you happen to be in the area, this is at the Oaks subdivision over there by Black Cat and Ustick. If you happen to be in the area, swing by between 1:00 and 4:00 today and check it out. It's gonna be a great opportunity to take a little tour of it and see what it's all about.

 

 

This does actually sit in the corner lot in the Oaks subdivision. The Oaks subdivision has a community pool, so you've got your swimming on these hot, smoky days.

 

Dave Burnett:

Gotta like that.

 

Thom Dallman:

Right? Exactly. It's actually a Coleman home that was built in 2016, so two year old home. It has all the upgrades. The nice thing about it is, it's a like-new home, but it has the back yard. For those of you that have done new construction, you know that typically, they don't put in a back yard for you. So these people have gone in and done an immaculate job of a back yard and put in a whole lot of really nice landscaping throughout. They estimated it was between $15,000-$20,000 worth of upgrades in the back yard, plus wood window blinds throughout the house, so ...

 

Dave Burnett:

Nice.

 

Thom Dallman:

Yeah, it's just a gorgeous house, and one to definitely check out if you're in the area.

 

Dave Burnett:

All right. Or, if you go online at CoreGroupRealty.com, you can see it under the new listings.

 

Thom Dallman:

Yeah, exactly. Just check out the featured listing page and you'll see it listed in there. Once again, that is 5352 West Torana Drive in Meridian.

 

Dave Burnett:

All right. And you have one in Canyon County, in Nampa?

 

Thom Dallman:

Yep, we've got one in Nampa. This one's 8033 McKenzre Street. This is a 4 bedroom, 3 bath, two-story house, 3600 square feet. Nice big house in the Astoria Park subdivision, over there off of the Ustick, Franklin Boulevard area. This is actually listed at $325,000. It actually has a bigger lot, it's a .332, so a third of an acre lot. Nice big space for everybody to kind of roam around and do what they want to do.

 

Dave Burnett:

A little bit of elbow room from the neighbors.

 

Thom Dallman:

Exactly. Also comes with a bonus room as well as the great room feel. Actually has a sun room in it as well, and RV parking. Both actually, both houses have RV parking. It just seems like we have this trend of listing houses with RV parking, as we talk over and over again about how it saves you money to have that RV parking.

 

Dave Burnett:

So many people have that trailer, they have that boat, and if you're paying anywhere from $60 to $100 a month to park the thing, that's a piece of your house payment, right there.

 

Thom Dallman:

Exactly.

 

Dave Burnett:

It doesn't take a math genius, that's why I can figure that out, that that's a great deal.

 

Thom Dallman:

Exactly, yeah. So it's a ... I think this one's definitely one to check out, especially if you're looking for that bigger house with lots of space. 3600 square feet is just a lot of space for everybody to have their own little corner in the house, if you want.

 

Dave Burnett:

Very comfortable, there.

 

Thom Dallman:

So yeah, those are my two listings. 8033 Mckenzre Street in Nampa was that one, and of course the 5352 Torana Drive in Meridian.

 

Dave Burnett:

You know, something we talk about from time to time on the show when properties come up and you have agents that work on these, and that is flipping. Flipping homes. Something you've done in your past.

 

Thom Dallman:

Yeah. Oh, yes. Started out my career doing flips.

 

Dave Burnett:

Wallet Hub, which is a website, has a new survey out, they're looking at the best cities in America for flipping homes, and sorry, but Boise's not number one.

 

Thom Dallman:

Nope, not quite. But we're on the list, at least.

 

Dave Burnett:

We're on that list.

 

Thom Dallman:

So is Nampa. Number three, I believe, is what Boise is listed at, and Nampa is actually number two. Yeah, we've got a lot of people that are looking to this area for these home flips, because we have some great opportunities that pop up every so often.

 

Dave Burnett:

And on the survey, I was looking at it a little bit, it deals with livability, the livability ranking of the city, and then the profit turnover for turning that home over, what you can buy, purchase price versus what you can sell, countered on how much you put into it as well. So, Meridian's number two, Boise's number three. What was the number one city, by the way?

 

Thom Dallman:

Nampa was actually number two.

 

Dave Burnett:

Nampa was number two, Boise was three.

 

Thom Dallman:

Nampa and Boise, yeah. The number one city actually is Sioux Falls, South Dakota.

 

Dave Burnett:

Wow.

 

Thom Dallman:

Sioux Falls. Yeah, South Dakota.

 

Dave Burnett:

Which is fascinating, I'm sure. For investors, somebody thinking about doing it, for flipping homes, advice or what would you say? I mean, you've done it, you've been there. You know the plus sides and you know the down sides of flipping a home.

 

Thom Dallman:

In today's current market, I usually tell people you can't expect a huge return on investment. With the way that the market's going and stuff like that, yes, there are flips available that you can make a profit, but the days of being able to make $100,000 on one flip is not there, so you want to be realistic on what, your profit margin you want on a flip, and be realistic on what things that you put in so that you're not over improving the house in this marketplace, and making sure that you're sticking to what is conforming to the neighborhood. That's the one thing that I think people get in trouble with is they get too excited about upgrades and nice things in the house to the point where they get too much money spent into it, and then you lose that profitability.

 

Dave Burnett:

Yes. So in essence, if you have a home that you've improved, you put new cabinets, new this, new that, and suddenly this home's worth $350,000 and the next closest home is $250,000 you're in trouble.

 

Thom Dallman:

You might be in trouble. Exactly.

 

Dave Burnett:

Somebody doesn't want to pay that much money to live in that subdivision.

 

Thom Dallman:

Exactly. So you really want to make sure that you're kind of improving the house to the neighborhood a little bit. And talking to a real estate agent to get advice and get guidance on what items to do. That's one of the things that I like to do is, when people are doing flips, is to go in and help them kind of come up with ideas and kind of make sure that they're not investing too much money into what needs to be done and stuff, so ...

 

Dave Burnett:

Let's tear out all the walls and do-

 

Thom Dallman:

Yeah, you don't need to-

 

Dave Burnett:

A little carpet, a little paint, that'll be good.

 

Thom Dallman:

Exactly, exactly.

 

Dave Burnett:

So if somebody has an interest or wants to talk about flipping homes, finding out more, or find an agent who can help them find a property to flip, they just get a hold of your Core Group?

 

Thom Dallman:

Yep, just give us a call. Give us a call, we'll have someone standing by to direct you to the right agent, or we have, we can get you in contact with me. I can help you do that.

 

Dave Burnett:

Excellent. Final little advice, find out whether you really even want to do it or not, because it's not quite as easy as they show on the TV shows.

 

Thom Dallman:

Exactly, exactly.

 

Dave Burnett:

Remember, those are TV shows and they're edited down over weeks and weeks of time. It doesn't all happen in 30 minutes.

It's the Idaho Real Estate Buzz, Thom Dallman, the co-owner, designated broker of Core Group Realty. Idaho Real Estate Buzz being brought to you by Eagle Home Mortgage and Core Group Realty. Why don't you do this? Call (208) 933-7777 and find out why they say you get more with Core.

 

 

 

 

Segment 2

 

 

Dave Burnett:

This is the Idaho Real Estate Buzz with Thom Dallman, the co-owner, designated broker of Core Group Realty, CoreGroupRealty.com. Give them a call. 208-933-7777. Ron Wieczorek with Eagle Home Mortgage joining us once again to talk about loans. We've talked in the past as far as what could happen to make a loan go upside down, but there's ways of salvaging that on-the-fence loan, isn't there?

 

Ron Wieczorek:

Absolutely. I've had guilt ever since a couple months ago we talked about how you can make a loan go upside down, because I'm not in the business of making loans go upside down. I'm in the business of making loans happen. Today we're going to talk about how, if you got a loan on CPR, how we can resuscitate that and save the loan.

 

Thom Dallman:

Perfect.

 

Dave Burnett:

I would imagine with having come through an economic downturn, people that may have turned their keys back over to the bank, I imagine there's a lot of people who could still be on that fence. They're just right at that area. There's some things you recommend for salvaging a loan and making sure you get one.

 

Ron Wieczorek:

Absolutely. Some of it is things that don't come to mind, and maybe the person you're talking to doesn't put a lot of stress on it or maybe just doesn't ask the right questions to maybe get you in that position to be able to do the loan versus not doing the loan. And I'm talking in scenarios where it's 50/50, right? We're talking about where on credit scores and debt ratios, it's right at those caps of whether we can do the loan or whether the industry likes the loan. What can we do to push that forward, make you look better. And it's not just making you look better. It's things that already exist but you don't know that you have to say them and/or present it to make your case. So that's where we come in.

 

Dave Burnett:

What I'm going to ask of you today, though, Ron, is to put this in layman's terms so that a dummy like me understands. You start talking about caps and ratios, and, suddenly, my eyes glaze over and it's like, "Huh? What exactly does that mean? Am I making enough money? Am I showing enough money?" So let's put this in layman's terms for somebody not in the industry to understand what I need to do to salvage my loan.

 

Ron Wieczorek:

I probably can't put it in terms that you can understand, but I have faith in your listeners that I can put it in language that they can understand. As far as one of the tricks, is we talk about down payment. There's a lot of low down payment loans. I've talked about in the past about, a thing of the past is you have to put 20% down to get into the loan. That's just not true. But then, when we start getting into those loans that allow for less of a down payment, whether it's a 0.5%, 1%, or 3.5%, the biggest way to get your loan approved that may not have before is just to put more down if you have the ability to do it.

If you're on an FHA loan, which is a government-backed loan, they allow you to put 3.5% down. That's the most basic starter, maybe my credit isn't great, but it meets the guidelines. That's usually where clients tend to flock to on a first-time home buyer. It was created for a moderate to lower income housing just to kind of get you into the home. So they've made the restrictions lower on down payments. Well, if you could put a little more down, 3.5% becomes 5%, we see that as a big sticking point when you're right on that-

 

Dave Burnett:

So just a 1.5% increase in how much you put down.

 

Ron Wieczorek:

Right. And then, sometimes we'll look at ... You look at my bank statements and it's not going to blow you away. I don't have the money sitting there, and then one thing that is always huge, it saves most people, is their 401Ks or their IRAs. It's things you don't think about and you're told if you pull it out you have a penalty, you have taxes, don't ever touch it till you retire, but it's the biggest vehicle that you can take a loan against your 401K, you could use it as reserves. So just forgetting that you have the 401K is a huge mistake when you're doing a loan application or you're thinking of all your assets. I get a lot of people say, "Well, I have a coin collection. I have stamps or baseball cards." That's not going to get you over the edge, right?

 

Dave Burnett:

You can't make that liquid.

 

Ron Wieczorek:

But 401K is probably the biggest one that I see, and I can't stress enough-

 

Dave Burnett:

But let me ask you this, because we've talked interesting past that when you're in the process of a loan you don't want to take out a loan. I don't want to go, "Yeah, let's go ... I got $2,000 I can run on my Visa card as a cash advance." You can't do that, but 401K's fair game?

 

Ron Wieczorek:

401K's not only fair game, but they won't count that loan that you take ... Let's say you take a loan against and you have to pay yourself back 100 bucks every paycheck or whatever that number ends up being. We're not going to count that debt against you.

 

Dave Burnett:

Because it's my money.

 

Ron Wieczorek:

You're paying yourself back, and you don't have to pay yourself back. If you don't pay yourself back, well then, that's where the taxes and penalties come into play and then you start affecting maybe future retirement type income. But yeah, it's just a vehicle where you're not ... People forget about it a lot, and sometimes I have to pry it. Some people forget about switching employers. They had a 401K in place, they didn't roll it over, 50,000, 40,000, 30,000 sitting ... or maybe 5,000 or 6,000 from a job that they had for a year and a half and then all of a sudden they're going through some statements and they're like, "Wait, what is this? What's this 401K? What can I do with this?" You can use it for your down payment.

 

 

Reserves are huge too. It's not just the down payment and the credit. It's how much you have for a rainy day if you needed to access that in the case of an emergency. That's a lot of times what we use the 401K for, is it can come and you had zero months of reserves. You looked not so good. Now you throw that 401K in there, now you have 8, 10, 12 months of reserves. Now you're golden. You look excellent. You have something, you lose your job tomorrow, you could 12 months make your payments out of that 401K if push came to shove.

 

Dave Burnett:

And if you have that money in savings, you could pay your 401K back monthly out of that fund.

 

Ron Wieczorek:

Right, yeah.

 

Dave Burnett:

Because at that point, the loan is closed and done.

 

Ron Wieczorek:

Right, yeah. There's all kinds of ways that you can pay yourself back. But that 401K's probably the biggest one that I'm always pushing. Hey, even if you don't think you need it, tell us about it, let us make that call and let's just paint the best picture because you don't want to put your worst foot forward. You want to put your best foot forward and however we can paint that picture, as long as you have it might as well use it. Or at least show us you have it, not use it for a down payment if you want to use other funds. That's the biggest one.

 

Dave Burnett:

Let me ask you this real quickly. 401Ks is not going to show up on your usual bank statement. It's money that you don't really know it's there unless you're told.

 

Ron Wieczorek:

Unless you're told, and a lot of companies now are going away from ... Any time you pay a bill now, it'll say ... I'm a little archaic. I still write checks and/or log on to get my paper statements. Any time I log into my account it says, "Do you want to go paperless? Are you sure you don't want to go paperless? You think you look like you want to go paperless." Sometimes it's just lack of knowing it's there because you're paperless and maybe you don't get the email, it's an old email and maybe you have to do some digging around to figure out where all your money is. Because a lot of people have money, they don't know where it's at.

 

Dave Burnett:

Yeah.

 

Ron Wieczorek:

That's scary.

 

Dave Burnett:

That is.

 

Thom Dallman:

Yeah.

 

Dave Burnett:

I think I know where every dime I have is, most of it in my pocket right here. What else do we have on the list that is something that they can salvage an on-the-fence loan?

 

Ron Wieczorek:

A big one is gift funds. If you have a family member that's willing ... A lot times we have moms, dads, aunts, uncles that are willing to help out someone buying a house for the first time or they say, "I'd rather see the smile on your face while I'm alive than have you inherit it while I'm dead," and they'll give them a gift fund to help them get in the house. That's a big part of what we do on a daily basis. We see gift funds all the time. We talked about that 3.5% of maybe have your own funds, and you need 5% or 10% to get approved. That gift fund is going to push you over the edge.

 

Dave Burnett:

Now, with that gift fund does Aunt Hazel have to sign something or write something to say it's a gift so that way we're not trying to pull the wool?

 

Ron Wieczorek:

Right, exactly. We have to make sure it's a gift. You can't say it's a gift, wink, wink, and a month later you're making a check to Aunt Hazel to pay her back. So she'll sign something saying, "Yes, I gave this to Ron and he doesn't have to pay me back, and I hope he loves his new home."

 

Dave Burnett:

He loves that Aunt Hazel.

 

Ron Wieczorek:

Yeah, she's great. I need an Aunt Hazel.

 

Thom Dallman:

Right. Any Aunt Hazel's out there wanting to be my aunt?

 

Dave Burnett:

Exactly. But it is something that a lot of people have family members that maybe want to help out in some way and if you got a good relationship it's a good way to help.

 

Ron Wieczorek:

Now, let's say they don't have gift funds, that same family member, but they have strong credit and they have a good job. That's what is going to push your loan over the edge and they say, "I don't mind co-signing for you." That's our next way to push you over the fence and save a loan. We've had a lot of co-signers, non-occupant co-buyers that have stepped up to the plate and said, "I believe in this person. I know they'll make their bills. I know that they can make it work so I'm willing to put my name on there too." So even if they don't have money, if they have the other two factors that can come in big as well and that's something I've seen. I've had two in the past two months with co-signers, which it's not the most popular thing but it happens.

 

Dave Burnett:

Yeah, it does. Well, it's one way of making it happen.

 

Thom Dallman:

It's happening quite a bit. I will say that I have been seeing that a lot lately of young people who are utilizing family members with co-signers or gift funds a lot lately for some reason.

 

Ron Wieczorek:

Paying down debt. A lot of times we can, I hate to use the word "manipulate", but you can look at a credit report and there's a $100 balance and it has a $37 payment on it. Get rid of that, because that could go speak to your debt ratios, how much you owe compared to what you make, and sometimes you can knock off or pay off $400 or $500, $600 or $1,000 worth of debt and get rid of a monthly obligation of a couple hundred bucks. If you can do that, now all of a sudden you went from not fitting the box to fitting the box. There's just little tricks there that we do a lot that we say, "Hey, if you paid this Shell gas station off or if you paid this ..." I don't want to name companies. I'm already. Whatever it is, you can pay off and do those little things to manipulate the debt ratios. And a lot of times when you do that, you improve your credit anyway say, hey, winner winner, right?

 

Dave Burnett:

It's a good one. Ron, if somebody wants to get a hold of you to just find out a little bit more, in fact, maybe they think they're not even qualified for a loan, but you can sit down with them and find out if they are, how can they get a hold of you?

 

Ron Wieczorek:

They can call my cell phone, which is always readily available, is 208-869-9154.

 

Dave Burnett:

Excellent. Ron Wieczorek with Eagle Home Mortgage, equal opportunity lender, one of the sponsors of the Idaho Real Estate Buzz along with Core Group Realty. Give them a call today. 208-933-7777. Find out why they say you get more with Core.

 

 

 

 

Segment 3

 

 

Dave Burnett:

This is the Idaho real estate buzz. He is Thom Dallman, the co-owner, designated broker of Core Group Realty. CoreGroupRealty.com is the website for you to go to. One of the providers that you have on the website on CoreGroupRealty.com would be One Call Restoration.

 

Thom Dallman:

One Call Restoration, yep. They are the restoration company that we highly recommend, work with, and have actually helped us with my own personal property several times now and so I can tell you that their quality is awesome and excellent and they do a great job. We have Darius here from One Call Restoration to chat with us a little bit about floors.

 

Darius Elison:

Thank you.

 

Dave Burnett:

And I guess Darius, one of the things, people don't want to call you.

 

Darius Elison:

Not normally.

 

Dave Burnett:

Typically it would mean that something bad has happened, but unfortunately bad things do happen and sometimes we need to get a little help with that.

 

Darius Elison:

Absolutely, and also it's good to be proactive as well. Especially in the real estate market, trying to sell these houses. The better your flooring looks, the faster they're gonna sell.  And for the higher, highest amount of profit available as well.

 

Thom Dallman:

Exactly.

 

Dave Burnett:

Well let's talk a little bit, you wanted to, we talked during the break about flooring and that's one of those things, it could be a wow factor in a house to walk in and look at a great floor. It's also something that could go very wrong very quickly.

 

Darius Elison:

Absolutely. Flooring from the way it's installed to the way it looks when you're getting ready to sell your house makes a big difference. If you got a carpet with a big stain in it that's just gonna, invites the person buying to ask for an allowance or some way to compensate for adjusting for that flooring. And people always seem to look at carpets and have those cleaned but they don't look at possibly doing the small repairs and they lot of time glance over their hardwood or their laminate vinyl planking thinking there's not a way to refinishing them or it might be too expensive to do.

 

Dave Burnett:

Well let's talk first about hardwood and getting in if you have a home with hardwood is it better to replace or to refinish hardwood?

 

Darius Elison:

Well it's always cheaper to refinish but what we push is just a step down from a full refinish and it's just a rejuvenating process where we just take the hardwood, we buff it out, any scratches by hand, we use a light to make sure we see em really well. We buff those out with the  and then we come and we just rejuvenate the polyurethane finish and I'm telling you what we've taken really scratched up floors and they look almost as good as a brand new sanded seal. It's not as perfect as you can get but I've got photos on our website of some that we've done that they look as if they're brand new and the cost to do that versus the sand and seal is just night and day. It's about 25% of the cost.

 

Dave Burnett:

Let me ask you a question about flooring when it comes to hardwood because some people think they have hardwood but it's really just a thin surface of hardwood. Am I wrong or what?

 

Darius Elison:

Absolutely. A lot of people think they have hardwood and it's an engineered hardwood or it's a pre finish hardwood. Both of which are different yeah, pre-finished hardwood you can always use sand and seal, it's hardwood all the way through. The engineered hardwood you've just got a thin layer of hardwood over the top. Both of those cases it's actually better to do a repair than a sand and seal.

 

 

With pre-finish you have the rolled edges a lot of times, which means you have to and down more to get all the finish off to be able to refinish it. So it's always better just make it look good. A lot of times, when you're buying and selling a home especially, you're really cash poor during that time and to throw out a big expense or to give a big portion of a discount on that seller price you know the home just isn't the way to go.

 

Dave Burnett:

Let's talk now about carpeting, you touched on it a little bit but for some people and Thom I'm sure you can probably give some horror stories, carpeting can make or break a home.

 

Thom Dallman:

Oh yes, sure can.

 

Dave Burnett:

Is there a time if you come in and look at something that you recommend, yeah you know what cleaning and getting this restored isn't gonna happen?

 

Darius Elison:

Well the best time to look at your carpet is before you got buyers looked at it. When you're getting ready to sell that home have somebody come over that can do the cleaning prior to listing it. I think that's a given, but a lot of times people don't understand with if your carpets bad or old or just has some stain marks, we see staining a lot, we can come and pull those stains out just cut em out, we usually use a replacement piece if you don't have a remnant.

A lot of people don't keep those or they use em as floor mats until they throw them away. If you don't have those we just kind of section out of a closet, we usually use an inside corner and if that doesn't work we can just replace an entire closet. A lot of times like the hall closet, we'll just replace that carpet in the hall closet and then use that as the remnant to fix any patches throughout the house.

 

Dave Burnett:

Okay, time out here because I hadn't even thought of it, so if I had a carpeting that's okay carpet but I got a really nasty stain or hole in it you can come salvage it by using hall carpet? Or closet carpet?

 

Darius Elison:

Absolutely, we're one of the few guys here in the valley that replace textured carpets and also berber carpet using the same method and that's because we use a system called cool glide where we're actually gluing from the top side instead of using the hot iron. So we're able to use smaller areas and the cool glide just simply uses tape without any heat. It uses radio waves or induction heating to penetrate down to a foil tape underneath the carpet and then it melts the glue on top. So we actually have time to line up each individual roll the carpet to line up the pattern and then glue it from the top side.

 

Dave Burnett:

That's, I hadn't even thought of that because typically if you got a hole or something bad happened to your carpet it's time to replace the whole thing.

 

Darius Elison:

Same thing with the corners of the doors if you got a cat, you got beautiful carpet but your cat just wants to pinch at those corners of the doors with its claws, or a dog that wants to get out of a room and wants to tear that seam up those are easily fixed and for a lot less money than carpet. The average home that's 1,200 square feet you're looking at about $5,000 dollars to replace your carpet and a lot of times that doesn't even include pulling the carpet and disposing it that's just the cost for replacing. That's pretty conservative for a lot less of that cost you can just simply have your repairs taken care of and getting it to where it's a sellable home.

 

Dave Burnett:

Wow, I like that. Let's talk about laminate flooring, okay?

 

Darius Elison:

Laminate, yeah.

 

Dave Burnett:

That is something that from your Pergo's which is I guess considered a laminate to the different brand names, that's a brand name but a very popular very common in homes.

 

Darius Elison:

Very very popular, laminate has been extremely popular over the last ten years. LVP LVT is the wave of the future. It's waterproof and doesn't have that MBF core. All of which people think once it's scratched it's gone and that's not the case. There's repair kits out there available that you can order and do yourself or if you want a professional to come do it we can come in and repair scratches in your laminate too. They are making laminate a lot better now.

 

Thom Dallman:

I thought they were pretty much indestructible.

 

Darius Elison:

Yeah Shaw's new product has a three mil protective layer before you even get to the scratch resistant layer so yeah it's getting to be pretty indestructible.

 

Dave Burnett:

Let me ask you this question Darius and that is if I have one board in the middle of my kitchen that's got a big nasty gouge and has to be replaced, can one board in the middle have to be replaced or do we have to replace all of it?

 

Darius Elison:

A lot of people think you gotta replace it all but you can replace the one board. If we can't get the scratch out and we think the scratch is too far, which is very rare that we can't just do a simple fix, pulling and replacing it is very easy. You know normally when we do that it's because of water damage because of vinyl, there's the laminate especially will cup up and the edges will start to flare. Those sections we usually pull and replace.

 

 

Again we run into the problem a lot of time people don't keep samples. I'm a big advocate for keeping the extra box of your vinyl, keeping the extra bit of your carpet, not using it as a runner or a floor mat just in case something happens because life happens. But if you have a section of laminate or LVT that's come up or scratched beyond repair and you don't have it and we can't buy it for some reason we can always take pieces from other areas. People don't think about it you've got that same laminate underneath your stove. A lot of times we can remove the range and just simply swap pieces out. Repairs are always cheaper than replacements.

 

Thom Dallman:

[crosstalk 00:08:53] extra replacement parts, who thought about that?

 

Dave Burnett:

I guess it's kind of been insightful because I was just thinking in my mind you're gonna have to replace it all or you're gonna have to tear all of it up or wow.

 

Darius Elison:

You just spend all this time in your home and you build this equity by putting these new floors in and then life and kids and dogs happen, and then you think you need to give up all the equity you put into it unless somebody else come in and purchase that home and put in their own replacement flooring. And a lot of times people like what you've selected anyway. That's the first thing I notice when I go in homes is the floors.

 

Dave Burnett:

Darius has reveled all his secrets.

 

Thom Dallman:

I know right? Can I throw out one little warning to people? If you're replacing the floors on your own please consult with someone to verify that what you're putting down is going to match everything else in the house. We've had some listings in the past that we've gone in and we're just like that's interesting floor selection.

 

Darius Elison:

And also my big deal on installation, I've seen both professional installers, use that term loosely because professionals don't wanna be offended, but as well as homeowners where the big move right now is these planks and it's all the hardwood sections. Those seams are not supposed to line up like tiles, I wanna throw that out there. One of my pet peeves. Yeah, hardwood is random. There shouldn't be seams within six inches of each other on the next board to it your seams should always go against the direction of your front door so you don't look like a bowling alley when you walk in.

 

Thom Dallman:

Never thought about that.

 

Darius Elison:

Those are the types of things that people need to keep in mind when they're doing it themselves because that's the beauty of these products, especially the LVT that's why I say it's the way of the future, any homeowner can do it themselves. It's very simple, make sure you're just doing the time to look into it at least a little bit before you do it yourself.

 

Dave Burnett:

Darius with One Call Restoration, I have that correct? Alright One Call Restoration of course you can find out more information about them at coregrouprealty.com the website. Darius thank you so much for sharing. I learned several things during this segment that I am just astounded with.

 

Thom Dallman:

Yeah exactly I like it.

 

Dave Burnett:

I like it a lot. We'll continue on the other side it is the Idaho real estate buzz being brought to you by core group reality. CoreGroupRealty.com is the website find out why they say you get more with core.

 

 

 

 

Segment 4

 

 

Dave Burnett:

This is the Idaho Real Estate Buzz. He is Thom Dallman, the co-owner, designated broker of Core Group Realty, CoreGroupRealty.com. That, of course, is the website where you can go to find out all things real estate, whether it's about property, whether it's about past shows, we have those as well, about vlogs and about different things like we're gonna talk about right now.

 

Thom Dallman:

Exactly. We like to really kind of have a variety of topics on this show. Everything from buying and selling homes to what contracts mean to just trends in the marketplace that are happening right now.

 

Dave Burnett:

Yep. And the topic you're about to delve into here, we could probably dedicate an entire show to this because-

 

Thom Dallman:

Oh, yeah.

 

Dave Burnett:

It really is, when you talk about new construction, one of the things that's very popular right now, and I say this with a lot of trepidation because my wife wants to do this, it's that back patio.

 

Thom Dallman:

Yep, exactly.

 

Dave Burnett:

Which is more than just a concrete slab and a lounge chair now. It's turned into a living space.

 

Thom Dallman:

Yeah, a lot of people are really kind of migrating to having that entertainment out in the back yard. It's a huge trend lately of being able to get out on the patio, spend some time out there in the evenings, do your barbecue, and just hang out at the back patio. Which is good, because it's getting us out and about in the outdoors, you know, right now. I don't suggest it with this smoke in the air, because it's kind of overwhelming, but ...

 

Dave Burnett:

But you think about it, let's just say you have a 10x20 foot patio. There's an extra 200 square feet of living space that really can become a hub of entertainment.

 

Thom Dallman:

Exactly, exactly. Yeah, and there's a lot of things that you can do out there right now. They've got so much stuff that they've come up with and created to really make the space so much fun and so livable. It upped the ability to just hang out with materials that are weatherproof to be able to put out there and put on furniture and stuff like that. It's an exciting time.

 

Dave Burnett:

Let's jump into it, some of the things that can be done here.

 

Thom Dallman:

Sure, sure. One of the biggest trends right now is, this is from the familyhandyman.com, they have a really awesome article of 12 different things that are trending right now for outdoor stuff, so if you get a chance, go to familyhandyman.com and look at that article. But one of the biggest trends right now is moving your dining room table, or not moving it, but putting a dining room table outside. Getting bigger dining room tables to where you can actually entertain, you can have actual meals out on the back patio or on the deck and stuff. So you can bring your guests or your family out and enjoy the outdoors while you're eating dinner and stuff. There's a wide variety of materials that they're using, metal, woods, and stuff like that, that look really amazing.

 

Dave Burnett:

Tiles, glass ...

 

Thom Dallman:

Yep, exactly.

 

Dave Burnett:

A lot of different tiles.

 

Thom Dallman:

Designed for outdoor use.

 

Dave Burnett:

So really, I guess the slogan would be that patios aren't just for picnic tables any more.

 

Thom Dallman:

Yep.

 

Dave Burnett:

You can put an actual table out there and make it very livable that way.

 

Thom Dallman:

Exactly, yeah. So, along that lines is getting that grill out there, getting cooking spaces out there. The built-in kitchens, if you will, for if you have a big enough space to put kind of that fridge, grill, and cooking top space and serving space and stuff like that, is another good option, if you have the ability and the space to get that in there.

 

Dave Burnett:

Well, you look at it now, the way you can build these in, and I'm thinking a lot about this because my wife really wants an outdoor kitchen, so we're getting ready to re-do our back yard and our patio area. The small portable refrigerators that work just perfectly for several hundred dollars, you can get a nice refrigerator that you can put under the counter. Then you get a drop-in, like a Kitchen Aid type gas grill in there, and you're pretty much set at that point.

 

Thom Dallman:

You're pretty much set. You pretty much got a kitchen.

 

Dave Burnett:

The sink area, you're good to go.

 

 

You do, I mean that's ... Fridge, stove, sink. That's what you need. And suddenly, you have an outdoor kitchen, and it really doesn't take a large amount of space to do that.

 

Thom Dallman:

Exactly. It really doesn't, and it just makes it so much more fun to be able to be out there cooking while the family's kind of hanging out on the patio. Maybe the kids are out in the yard playing catch, if you will, or whatever. Guest over, if you don't have kids, and the guests are over, just hanging out drinking some wine and chatting and stuff, and entertaining.

 

Dave Burnett:

The other thing that is a very popular trend right now, we were at a friend's house not too long ago and they had this, they have a flat screen TV hung on the side of their house out to the patio.

 

Thom Dallman:

Oh yeah, I've seen that a lot.

 

Dave Burnett:

Because they're easy to bring in, so you go up, you just have the brackets, they just hung it up, plugged it in, plugged in the cable, bang. Good to go, watching, he was watching the baseball game while he was grilling.

 

Thom Dallman:

I've noticed some of those TVs just under patios, so they are fairly protected from the weather and stuff, just hanging out. That's always fun, to be able to have the TV going and a show going on in the backdrop while you're out there entertaining and having fun.

 

Dave Burnett:

Again, it makes the space livable. You're not just out there rushing to cook the hamburgers while it's 100 degrees, you're out there, you have the cover on it, you're good to go that way.

 

Thom Dallman:

Yep, exactly. So yeah, some of the other trends are, they talk about swings and daybeds, bigger lounging spaces for people to read their books and just nap, if you want to.

 

Dave Burnett:

Well, yeah.

 

Thom Dallman:

I'm thinking about taking a nap in the afternoon, on a nice lazy Sunday afternoon, out in the back yard. Just sounds amazing. And they have hanging hammocks that you don't have to tie to a tree or hang from your house, they have the frames built in for them and stuff like that. So there's a big trend towards using those hammocks or those daybeds to be able to just lounge.

 

Dave Burnett:

One of the plans I was looking at recently, and I guess it's a case of what's old is new again, they used to have sleeping porches, where you could go out in the heat of the summer and sleep on the porch where it's cool. This was one where you were able to shelter it off, have it screened in, keep the bugs from getting you.

 

Thom Dallman:

Yep.

 

Dave Burnett:

But if you had a daybed, you could go out and sleep out there.

 

Thom Dallman:

Yeah, exactly. Why not? It's like a great little space to take your nap, to just go and sit and read a book or read a magazine and just lay down and unwind from a busy, crazy week or whatnot.

 

Dave Burnett:

It's making me want to take a nap right now.

 

Thom Dallman:

I know, I'm just falling asleep here as we're talking.

 

Dave Burnett:

Next on the list-

 

Thom Dallman:

Yeah, just along the lines of comfort out on the patios, for those that have overhanging patios that might have electricity going, ceiling fans. Putting ceiling fans out there to create that breeze to keep you cool, if you're lying in that hammock or on that daybed, lounging, getting that breeze going through there so that you can just be cool while you're relaxing and everything. So that's a big trend too, is ceiling fans outdoors. For those that can do it with an overhanging patio, they're so easy to install. They've made it very simple for people to be able to put them in themselves in just a couple of hours.

 

Dave Burnett:

And really, for $150, you can get a pretty good fan.

 

Thom Dallman:

Yeah, exactly.

 

Dave Burnett:

You really can.

 

Thom Dallman:

Exactly. So, also kind of along that line, trending towards the colder months, fire pits. Fire pits are super popular, there's such a variety of fire pits and ways to do them, including if you have the gas line that runs out to your patio, putting in those gas fire pits with the rocks that, it looks really cool as the flames come up through the rocks and stuff.

 

Dave Burnett:

Yup, they do. Or the dragon glass that they have on those things, they really are nice. If you're saying, "Well, we don't have natural gas," they have propane.

 

Thom Dallman:

Yep, they have propane versions that you can do. A lot of them have tables around the fire pit, so you can actually sit up at the table with your glass of wine and have conversations with the fire going, and keeping yourself warm as well. So really, really great options out there if you get out and kind of explore, go online and look at some of those options of things that you can order in and stuff as well. There's a lot out there to get in.

 

 

Lights, lighting is also a popular trend. The, I guess you could call them Christmas light, look. A string of lights with the bulbs and stuff like that. If you have the convenience of being able to hang those up around your patio area and stuff, it makes a really elegant look to your patio space. It gives you great lighting for the evening, the ambience of it is great for entertaining, for when people are over and stuff like that. Having those lower, dimmer lights that ...

 

Dave Burnett:

Yeah, I always think of, in Italian restaurants you'll see them a lot, the strung lights with the bare light bulbs that are small, you see them in Italian restaurants out on patios.

 

Thom Dallman:

Exactly, exactly.

 

Dave Burnett:

They're available at your big box store and again, not that expensive.

 

Thom Dallman:

Not that expensive to spruce up your back patio and make it more attractive for that entertaining space.

 

Dave Burnett:

And then umbrellas that they're selling now with LED lights in them, those ones that you can plug in.

 

Thom Dallman:

With the built in lights, yeah, that's really awesome.

 

Dave Burnett:

It is.

 

Thom Dallman:

When you can find those, too. Or just take it, what I have at mine is, I have a big large umbrella, but we've added the string of white Christmas lights underneath the umbrella, we've just kind of safety pinned a string and it works. It looks fine, we ran the cord down the pole of the umbrella stand and plug it in and it's right there by the plug, so it works really well.

 

Dave Burnett:

Where is this article again, on what website?

 

Thom Dallman:

Sure, it's familyhandyman.com and it's the, "Patio Furniture Trends for 2018" is the name of the article. If you go there, they just have a whole long list of about 12 items that are trending right now in 2018.

 

Dave Burnett:

Again, we could do a whole hour on the back patio.

 

Thom Dallman:

Yeah, we could. We could just go on and on, there's like, pillows that are popular right now, just mixed colors, just different things like that out there.

 

Dave Burnett:

We didn't even touch on storage for these units of how to, functional storage that you can use and store in as well. There's just a lot to talk about.

 

Thom Dallman:

Exactly.

 

Dave Burnett:

If anything, hopefully we've encouraged you to take a look at your back patio and think, "How could I make that a living space?"

 

Thom Dallman:

Mm-hmm (affirmative), exactly.

 

Dave Burnett:

Give you some food for thought and some really fairly inexpensive ways to spruce that up a bit.

 

Thom Dallman:

Exactly.

 

Dave Burnett:

This is the Idaho Real Estate Buzz, being brought you by the folks at Eagle Home Mortgage, and of course by Core Group Realty, CoreGroupRealty.com. Give them a call today, (208) 933-7777 or check out their website, CoreGroupRealty.com. Find out why they say you get more with Core.

 

Darius Elison

One Call Restoration

208 258-0797

waterdamageboise.com

 

 

 

Eagle Home Mortgage

208 917-4983

EagleHM.com

 

 

Core Group Realty

208 639-7700

CoreGroupRealty.com

 

 

 

 

 

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