Life is good in Idaho. Guess what we did last weekend?About 45 minutes from Sun Valley and 2.5 hours from Boise.It doesn't get much better. See more of Idaho Real Estate visit us on FaceBook. 
Monday, September 10, 2012
Friday, September 30, 2011
Tuesday, September 13, 2011
Monday, June 27, 2011
You Gotta know when to hold em and when to fold em !!
Courtesy of Jordan Blakesley of Voca PR
Beaver Dam Farms, built and designed by country music legendKenny Rogers, is an expansive 973-acre private estate tucked away in the rolling foothills of Athens, Georgia, on the original site of one of the state’s grandest plantations. Just listed for $20 million, this luxurious, fully-furnished estate features a 12,000 sq. ft. main house complete with two gyms, a movie theater, a billiards room, and an Italian marble wraparound porch. For guests, the estate also offers a six bedroom guest home, a four bedroom guest home, and four one bedroom villas. Purchased from Rogers by the Wes Adams family in 2003, Beaver Dam Farms still includes Rogers’ (an accomplished interior designer and one-time partner in an Atlanta design firm) one-of-a-kind design and many of his original furnishings.
The centerpiece of Beaver Dam Farms is a private (as in, only for the owner - there are no members), 6,285 yard, 18-hole executive championship golf course that Rogers designed after years spent traveling to play some of the world’s best, and is often compared to world-renowned Augusta National. The course has played host to golfing greats Payne Stewart, Lanny Wadkins and Ray Floyd, as well as many of Rogers’ celebrity friends. The estate also includes a clubhouse, a 90,000 sq. ft. state-of-the-art equestrian and multi-use facility, two barns, a lake house, two swimming pools, clay tennis courts, a spa, conference center, various outdoor entertaining venues and three fish-stocked lakes.
Tuesday, June 21, 2011
| Wells Fargo Stops Reverse Mortgage Loans Reverse mortgages generally are sold to those over age 62 who want to tap into their home equity to pay for personal expenses like medical bills. Reverse mortgages don't have to be repaid until the home owner sells the property or passes away, which is how it differs from home equity loans. The company will continue to service customers who already have existing reverse mortgages, but will no longer take new applications as of June 30. Wells Fargo joins a growing number of banks that are getting out of the reverse mortgage origination business due to the sluggish real estate market, which has made it more difficult for banks to determine home values and how much they should lend in the reverse mortgages. Bank of America announced in February that it also would stop processing new reverse mortgage loans. Source: "Wells Fargo Home Mortgages Halts Making Reverse Mortgages, Cites 'Unpredictable' Home Values," The Associated Press (June 16, 2011) This is probably the only upside to the collapse of the housing market. I personally have no sympathy for the big banks who invented but another way to prey upon the elderly. I hope these Banks loose every last dime on every reverse mortgage they originated. Maybe next time they will think twice. If you see an upside or a positive to reverse mortgage I WOULD LOVE to hear about it, feel free to post |
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