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Real Estate

Idaho AG’s office investigating foreclosure practices

Idaho’s Attorney General’s office is joining several other states in investigating mortgage foreclosure documents that may be flawed. Deputy Attorney General Brett DeLange confirmed Oct. 12 his office was part of a mortgage foreclosure multi-state group, headed up by Iowa ...

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Notice of defaults up in Ada and Canyon County (access required)

Notices of defaults are up across the Treasure Valley. According to new numbers from IdahoDataProviders, a Meridian company that tracks foreclosure listings, filings were up a staggering 46 percent in Canyon County from August, with 342 notices in September. That ...

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Many banks left on sidelines while nontraditional lenders step up

By Nick Bjork PORTLAND, OR — When Ken Griggs, executive vice president of mortgage banking at NAI Norris, Beggs & Simpson, searched for a lender to finance a $4 million industrial property transaction earlier this year, he was shocked to ...

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Four new developments planned for northern Idaho (access required)

Four new residential subdivisions in various stages of planning and development are in the works in northern Idaho. Two of the neighborhoods are located in Post Falls, one in Hayden, and another Rathdrum, said Jim Fox, spokesman for Windermere Coeur ...

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Foreclosures remain high in eastern Idaho (access required)

Samuel Hancock just got a steal of a deal as a first-time home buyer. The property manager in his early 20s hadn’t really been looking to buy until he came across a bargain that seemed too good to be true. ...

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Top 5 reasons why deals do not close on time (access required)

By Thomas Smith and Monique Lee Hawthorne PORTLAND, Ore. – Timing is everything, especially in real estate transactions. Following are the top five reasons why deals do not close on time. Avoid falling into these traps. 1. Poor drafting of ...

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Court determines broker breached escrow duty

By Christina Pazzanese BOSTON, Mass. – A real estate broker that acted as an escrow agent in the sale of a condominium breached its fiduciary duty when it refused to disburse a portion of the buyer’s deposit to the buyer’s ...

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