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Real Estate

Congressional inaction stops flood insurance program – again

A major flood is extremely devastating to whole communities and individual property owners. This year nearly every region of the country has experienced a significant flood event yet Congress, for the third time this year, did not re-authorize the National ...

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Stocks fall after home construction declines

Stocks fell June 16 after home construction and building permit applications declined in May, following the end of the homebuyer’s tax credit. The Associated Press reported the disappointing housing report and profit forecast from the FedEx Corp., raising questions about ...

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Commentary: Existing land-use violations explained (access required)

Dustin Moyes Dealing with land-use violations, or taking care to avoid them, can be time-consuming and expensive. However, with proper due diligence, patience and cooperation with appropriate officials, the likelihood of a favorable outcome increases. The term “land use” encompasses ...

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Treasure Valley defaults drop

Treasure Valley defaults have dropped for the second consecutive month. That’s according to Idaho Data Providers June market report. In March 2010, 949 mortgage notice defaults were filed. That figure marked an all time peak. Since then however, 744 notices ...

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An overlooked art to due diligence in commercial real estate

Owen Rouse Jr. Title and survey? Check. Environmental report? Check. Reconciled operating statements, 12 months trailing? Check. Rent roll, certified by the seller? Check. All of these items and many others are part of necessary due diligence associated with buying ...

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State AG warns of forensic mortgage loan audits

A new type of foreclosure “rescue” scam has infected Idaho. It uses half-truths and outright lies, so-called “forensic loan auditors” are exploiting financially strapped homeowners who are desperate to save their homes from foreclosure, according to the state Attorney General ...

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