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Alexandria Danilovitch
REALTOR®
Cell: (208) 841-9890
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Posts in category 'Tips For Buyers'

Alexandria Danilovitch Blog

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September
3

A large down payment isn't always needed to buy a home, but let's take a look at how down payments can affect your total mortgage costs.

When saving money for a house, here's some advice that never goes out of style: start early and save often. Building a sizeable nest egg can make buying a home a much smoother experience, especially securing a mortgage with favorable terms.

Unfortunately, statistics show that many of us struggle with saving for such a long-term goal. Having a clearly defined objective certainly helps, and few goals are as motivating as owning your own home. So, let's dive into the basics of saving for a down payment and dispel some common myths along the way...

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August
19

Thinking of making the move to the Treasure Valley? Here's a quick guide to the personality, population, housing market, and lifestyle highlights for each area—Boise, Meridian, Kuna (pictured above), Nampa, Eagle, Star, Middleton, and Caldwell.

Boise

  • Population: 235,000 (2020 census)
  • Median Home Price: $518,000
  • Vibe: A walkable city rich with great restaurants and shopping, Basque heritage, and outdoor access. Urban meets foothills.
  • Housing Types: Historic neighborhoods, infill builds, and modern new construction alongside resale homes.
  • Top Events: Spirit of Boise Balloon Classic, Idaho Shakespe...

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July
17

There's something undeniably appealing about the idea of a second home. Whether it's a lakeside retreat, a cozy mountain cabin, or a sunny coastal condo, a vacation home can offer a peaceful escape from the everyday. But before you get swept up in the dream, it's important to consider the practical side, too. Here are some things to consider.


The Perks of a Vacation Home

  • Built-in getaway: Always have a place to relax, recharge, or host family and friends.

  • Rental potential: Offset costs by renting...

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July
1

Before you buy a home, it's essential to understand how much debt is reasonable for you and what upfront costs you'll face during the purchase process. From the down payment to closing costs, having a clear picture of your financial situation will help you avoid unpleasant surprises and ensure you're making a sound investment.

The Debt-to-Income Ratio

When you apply for a mortgage, lenders will closely examine your finances to determine how much you can realistically afford to spend on a home. One of the key measures they use is your "debt-to-income ratio" (DTI), which compares your pre-tax income to your housing costs and other monthly debt payments. This ratio helps lenders gauge your ability to manage monthly mortgage payments responsibly.

How the Debt-to-...

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June
2

If there's one purchase that should never elicit a serious case of buyer's remorse, it's your home.

A home is not only one of the largest purchases most of us will ever make, but much of your wealth will likely be tied up in your home. Research conducted by the U.S. Census Bureau has shown that home equity comprises the largest portion of the average U.S. household's net worth. So it's safe to say that buying a home is an incredibly important financial decision.

Money, however, is just part of the equation. A home is far more than an investment - it's the setting in which our lives unfold. Our homes serve as the backdrop to almost everything that happens to us, good, bad and indifferent. Many of your life's signature moments will occur within those walls.

Give...

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