Rent or Lease Meridian home 1954 W Grand Teton Drive - Boise Idaho Rental

!±8± Rent or Lease Meridian home 1954 W Grand Teton Drive - Boise Idaho Rental

www.Procoreps.com - Rent or lease this four bedroom home in Meridian, Idaho. Prime location in upscale Lochsa Falls neighborhood. Over 1800 square feet of comfortable living space including formal living room, family room, three full bathrooms, dining area. Large level fenced rear yard, large garage, central forced air heat and air conditioning, dual pane windows. Meridian is approximately 10 miles to the Boise metro area. Lochsa Falls is an upscale neighborhood close to highway 20 great schools, shopping, community park. Available in August 2010. Rent or lease 95. Pets on approval with additional security deposit. Non smokers only. Call (208) 888-5504 for rental information or application. Click here for rental application: procoreps.com Click here for Meridian, Idaho info: www.ci.meridian.id.us

Rent or Lease Meridian home 1954 W Grand Teton Drive - Boise Idaho Rental

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Resourceful Guy Builds Solar House, Solar Power, Solar Car

!±8± Resourceful Guy Builds Solar House, Solar Power, Solar Car

Peak Moment 145: John Weber's Boise, Idaho house with south-facing windows rarely needs heat and never air conditioning. Meet a man who has built a passive-solar house with solar electric power and solar hot water; plus a solar-powered electric car -- and who rides a bike! With photovoltaics tied to the grid, he sells surplus electricity back to the power company. John shows how he converted his "Sun Car" from a junked Festiva to all-electric, with added solar panels on top to extend its range. Ride with us - and hear how quiet it is!

Resourceful Guy Builds Solar House, Solar Power, Solar Car

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How Does an Appraisal Work?

!±8± How Does an Appraisal Work?

In today's real estate market banks have a difficult time confirming the value of the homes they are financing, and consequently buyers have a hard time getting the money they need to buy their homes. To avoid the confusion on the price of a home, banks hire a third party assessment of a homes value, called an appraisal.

An appraisal is designed to use local market trends to validate the purchase price of a home, or to invalidate it. Ideally the bank would want to make sure that the home they are lending money on, and may have to take back in the event of a foreclosure, is worth the money so they can recoup any loses they may have on the loan.

An appraiser can not just be someone off of the street. An appraiser is a formerly trained person who knows the trends and values of the local real estate market. The objective valuation an appraiser is supposed to provide cannot be influenced by buyer nor seller or the entire appraisal may be corrupted and unreliable. The party responsible for hiring the appraiser is the bank, but the buyer typically ends up paying for the appraisal in most cases.

In the event that an appraiser can prove that the home is not worth the amount of the purchase, the buyer either has to come up with the difference for a down-payment or cannot get financing for the home. In most cases, the buyer simply would walk away and not complete the transaction. But, without an appraisal the bank can frequently be stuck holding the bag.

How Does an Appraisal Work?

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