| The DeVore Team Welcome to our website and to beautiful Twin Falls, Idaho, located in South Central Idaho on the Snake River Home Buyers: $8,000 TAX CREDIT EXTENDED UNTIL APRIL OF 2010. President Obama signed the extended tax credit into law on November 8, 2009. The tax credits apply to contracts signed by April 30th, 2010, and that close by June 30, 2010. Income limits for eligibility have been increased to $125,000 per year for an individual and up to $225,000 per year for couples. Credits continue up to $8,000 for first time buyers and in addition there is a new part of the program that provides a $6,500 tax credit for buyers who’ve owned their current home for at least 5 of the last eight years. This credit is good for homes up of no more than $800,000. With interest rates under 5% and prices slashed on existing homes, this is the perfect time to buy. Call for further information and to see if you qualify. Many of the sellers are willing to pay a buyers closing costs and no money down programs are still available. In order to cover a buyers down payment and closing costs, the Idaho Housing and Finance Association (IHFA), through its IdaMortgage lending program is offering a special short-term “Tax Credit Loan” to qualified buyers. Call for details on this one of a kind program! Twin Falls is a wonderful place to raise a family or retire. Outdoor activities abound, including skiing, snowboarding, water skiing, kayaking, boating, fishing, hunting, hiking, or biking along the Snake River Canyon Trail. Click on the About Twin Falls button for many helpful details on the area.
Investors: Great buys right now on short sale properties, repossessions and lender owned properties. All real estate markets are local, and the market here may be very different from where you live. Even in the middle of all the bad news about the economy, new commercial and residential development continues here. Prices have come down some, and we are generally BELOW the national average on prices of almost every kind of property. To check out the pages on "New Commercial Projects" Click Here, “New Residential projects”, and helpful information on “Idaho Investing" Click Here. Then look at the prices in the Search MLS feature! We have qualified property managers available for you and the rental market is great, with immediate positive cash flows common. Our area has not experienced a huge number of foreclosures due to the fact that the prices here were low enough that buyers generally didn’t need sub-prime loans to purchase. Never the less, in recent months we have seen some real bargains hitting the market from short sales, repossessions and lender owned properties. One example is a 3 bedroom 2 bath home built in the past year in an excellent, new southeast neighborhood that originally sold for $179,900 but was being offered on a “short sale” for $134,900. We also have numerous brand new homes and duplexes that will be built in the coming months. You can purchase them now, lock in the current price with a $2,000 to $5,000 deposit and you do not need to close on them until they are completed! This means that you are earning equity before you ever complete the transaction. These homes are priced from the mid $130’s. Several fully rented 4-plexes are available for under $290,000. All are located in a great area of Twin Falls and in walking distance to the grade school and middle school. We have a strong rental market and positive cash flows are quite possible.  The Snake River Canyon, Gateway to Twin Falls
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