Emotional Cocktails & My Top 5 Picks

Summer drains like a sink filled with liquid plumber for families in Sandpoint foreclosures.   Kids are back to school which means we drop off, pick up, fit in homework, and collapse.

The ticking clock grows louder.  It’s a feeling of being lost or trapped.   You’re still alive but your hope for rescue runs out like the sand in the hourglass.

More people who own Sandpoint foreclosures can add depression to their emotional cocktails as they plan to move out of their homes during the stiff fall weather.

We are starting to hear news of billions of dollars being paid in bonuses again.   None of the money went to bailout people raising their kids in Sandpoint foreclosures.   The news makes us feel sick.

We are watching the debate about extending the 8,000 dollar tax credit for first time home buyers.  This credit may be responsible for as much as 25% of all home sales this year.   It has been used to purchase homes on the Sandpoint foreclosures list.

The tax credit can be monetized.   Kevin Kluender, CPA, CFP, can explain how to use it now.  Kevin@sptcpa.com

Interesting times considering that fall is typically a season for Investors to make their best moves in the marketplace.

Here are my Top 5 Picks for this Week

1.  160 Acres of land with a 10-15 acre lake surrounded by timber and meadows with 200 gpm artesian springs.  Plenty of wildlife.   $1,800,000  and OWC with 30% down payment.

2.  0.77 Acre home site with 201 front feet on small fishing lake.  $60,000 Cash.

3.  River fronts 2.25 acre site for 172 feet. Depth is 700-800 feet.   Make this your Northern Idaho Base Camp for hunting and fishing trips.   $28,000 Cash.

4.  Nearly finished home on 2.70 acres in nicely wooded area north of Sandpoint.  $150,000 and some owner terms available.

5.  49.49 Acres with portion of small lake and pond with creek on property.  Good road.  Flat to a couple view sites.   $350,000 with terms of $50,000 down. Interest only at 10% due once per year equals $30,000 per yr. No prepayment penalty.   All due and payable in five years.

The Sandpoint foreclosures list is way too long and I have it available.   Call me with your questions whether you are selling or looking for an investment.   Do you have questions that need answers from a professional?

Ask Ray.

Tags: emotional cocktails, Top 5