First time home buyer in Boise? Let's start with the basics!
I want to buy a home in Boise Idaho. What is the first Step? Buying a home is an exciting milestone, but it can also be a daunting process, especially for first-time homebuyers. One of the most important steps in the home buying journey is securing a pre-approval letter, which gives you a clear idea of how much you can afford to spend on your new home. In this blog post, we'll explore the importance of pre-approval and how it can help you get the best financing options available. What is a pre-approval letter? A pre-approval letter is a document from a lender that states how much money they are willing to lend you for a home purchase. The lender will review your financial information, such as your credit score, income, and debt, to determine how much you can afford to borrow. With this information, you can start looking for homes within your price range and feel confident in your ability to make an offer. Why is pre-approval important? Pre-approval is essential for several reasons. Firstly, it gives you a clear idea of how much you can afford to spend on a new home. This information helps you narrow down your search and focus on properties that fit your budget. Additionally, having a pre-approval letter in hand when making an offer shows the seller that you are a serious buyer who has already secured financing. This can make your offer more attractive and increase your chances of getting the property. Types of loans for pre-approval There are several types of loans available for pre-approval, each with its own requirements and benefits. FHA Loans FHA (Federal Housing Administration) loans are popular among first-time homebuyers because they require a lower down payment and credit score than conventional loans. With an FHA loan, you can put down as little as 3.5% of the purchase price and have a credit score as low as 580. FHA loans also offer more lenient guidelines for debt-to-income ratios, making them an attractive option for those with higher levels of debt. VA Loans VA (Veterans Affairs) loans are available to eligible military service members, veterans, and their spouses. These loans offer competitive interest rates, no down payment requirement, and no private mortgage insurance (PMI). VA loans also have less stringent credit score and debt-to-income ratio requirements than conventional loans. Conventional Loans Conventional loans are not backed by the government and generally require a higher credit score and down payment than FHA or VA loans. However, conventional loans offer more flexibility in terms of loan amounts and terms. They are also a good option for those with a strong credit history and a higher down payment. Securing a pre-approval letter is an important first step in the home buying process. It gives you a clear idea of how much you can afford to spend on a new home, helps you narrow down your search, and makes your offer more appealing to sellers. There are several types of loans available for pre-approval, each with its own requirements and benefits. At Engel & Völkers Boise, we can help you find the right lender and loan program that meets your specific needs. Contact us today to start your home buying journey with confidence!
Things to do in Boise Idaho!
Boise, Idaho is a great place for families with kids. Not only is it surrounded by stunning natural beauty, but there are also plenty of fun and educational activities to keep the kids entertained. Whether you're looking for outdoor adventures or indoor fun, here are some of the best things to do with kids in Boise. Visit the Idaho State Capitol Building The Idaho State Capitol building is an impressive example of neoclassical architecture and a must-see for visitors to Boise. Completed in 1920, the Capitol is a beautiful structure that features stunning artwork and intricate details. Visitors can take guided tours of the building and learn about the history and significance of the Idaho State Capitol. The tour includes a visit to the Governor's Ceremonial Office, the House of Representatives and Senate Chambers, and the beautiful Capitol Rotunda. In addition to the guided tour, visitors can also explore the Capitol on their own and take in the stunning views of the surrounding area. The Idaho State Capitol is open to the public Monday through Friday from 7:00 am to 6:00 pm and on weekends from 9:00 am to 5:00 pm. Visitors can check the official Idaho State Capitol website for more information, including tour times, directions, and parking information. So come and explore the rich history and beautiful architecture of the Idaho State Capitol building. Take a hike in the Boise Foothills The Boise Foothills offer some of the best hiking opportunities in the Pacific Northwest. With a variety of trails ranging in difficulty from easy to strenuous, there's something for hikers of all skill levels. The foothills are home to a diverse array of plant and animal life, including wildflowers, birds, and other wildlife, making it a great place for nature enthusiasts. Some of the most popular trails in the foothills include the Hulls Gulch Interpretive Trail, Camel's Back Park, and the Table Rock Trail. Each trail offers its own unique views and challenges, whether it's a panoramic vista of the city or a steep climb up rocky terrain. With ample parking and trailheads located throughout the foothills, it's easy to access the trails and spend a day exploring the great outdoors. Visitors can check out the Ridge to Rivers website for maps, trail conditions, and more information about hiking in the Boise Foothills. So grab your hiking boots and hit the trails for a day of adventure and stunning scenery.You can find maps and more information on the trails of Boise website. https://boisetrails.com/ Explore the World Center for Birds of Prey The World Center for Birds of Prey is a must-visit destination for anyone interested in learning about raptors and their conservation. This unique facility is home to a variety of birds of prey, including eagles, hawks, falcons, and owls. Visitors can learn about these magnificent creatures through interactive exhibits, live bird demonstrations, and even a behind-the-scenes tour of the breeding facility. The highlight of the visit is the opportunity to see these birds up close and personal, either during a guided tour or by attending one of the live bird demonstrations. The World Center for Birds of Prey is open Tuesday through Sunday, with varying hours depending on the season. Visitors can check their website for the most up-to-date information on hours of operation and admission prices.The address for the center is 5668 W Flying Hawk Ln, Boise, ID 83709. The website for the World Center for Birds of Prey is https://www.peregrinefund.org/visit-us/world-center-birds-prey. Don't miss out on the chance to experience these magnificent birds and learn about their importance to our ecosystem at the World Center for Birds of Prey! Visit the Discovery Center of Idaho The Discovery Center of Idaho is the perfect destination for families looking for an exciting and educational day out. This science museum offers a wide range of interactive exhibits and activities that will entertain and engage children of all ages. Kids can explore the wonders of science through hands-on exhibits that encourage learning and experimentation, such as launching a rocket, experimenting with electricity, exploring the human body, and much more. There are also temporary exhibits that rotate regularly, so there's always something new to discover. The museum offers a variety of educational programs and camps for children of all ages, making it an ideal destination for school field trips or summer vacation activities. The Discovery Center's mission is to inspire curiosity and encourage lifelong learning, and the staff is dedicated to creating a fun and engaging environment for visitors of all ages. The museum is open Tuesday through Sunday, with varying hours depending on the day of the week.Admission prices are affordable, with discounts available for groups, seniors, and military personnel. Children under the age of two are admitted for free. The Discovery Center of Idaho is located at 131 Myrtle St, Boise, ID 83702, and their website is https://www.dcidaho.org/. For more information, visitors can contact the museum at (208) 343-9895. Don't miss out on the opportunity to experience the wonders of science and have a blast with your family at the Discovery Center of Idaho! Go play in the snow at Bogus Basin Skiing, snowboarding, and sledding at Bogus Basin in Boise, Idaho, is an exhilarating experience that is sure to get your heart racing. With 2,600 acres of skiable terrain and 91 runs, Bogus Basin is a winter wonderland that offers something for everyone, from beginners to seasoned pros. The resort also boasts a terrain park, cross-country skiing trails, and tubing hills, ensuring that visitors can enjoy the snow in a variety of ways. But Bogus Basin isn't just about the skiing and snowboarding - it's also about the stunning mountain views and the fresh mountain air that will leave you feeling rejuvenated. The resort is open from early December through early April, with hours varying depending on the day of the week and the time of the season. Lift tickets start at $69 for adults and $35 for children aged 7-11, with discounts available for seniors and military personnel. Ski and snowboard rentals are available on-site, as well as lessons for all skill levels. Bogus Basin is located just 16 miles from downtown Boise and can be accessed via shuttle or car. For more information, including hours, rates, and special events, visit their website at bogusbasin.org or call them at (208) 332-5100. Take a trip to Zoo Boise The Boise Zoo is a popular destination for families and animal lovers in the Treasure Valley area. With over 200 animals from around the world, visitors can observe and learn about a variety of species. One of the highlights of the zoo is the African Plains exhibit, which is home to lions, zebras, giraffes, and more. Visitors can also see the playful and energetic primates in the monkey exhibit, as well as the majestic birds of prey in the aviary. For a unique experience, visitors can ride the Conservation Carousel, which features hand-painted animals that represent endangered species from around the world. The zoo also offers educational programs and events throughout the year, such as Zoo Boise ZooTots for young children and Boo at the Zoo during Halloween. To visit, the zoo is located at 355 Julia Davis Drive in Boise, Idaho, and is open daily from 10:00 am to 5:00 pm. For more information, visit their website at www.zooboise.org or call them at (208) 608-7760. Go rafting on the Boise River Rafting the Boise River in Idaho is a thrilling and fun-filled adventure for outdoor enthusiasts. With stunning views of the foothills and wildlife sightings, it's a great way to enjoy the beautiful natural surroundings of Boise. The Boise River offers different sections of rapids, ranging from Class I to Class III, making it accessible to both beginners and experienced rafters. For those who don't have their own equipment, there are plenty of options for renting gear. The Boise River Raft and Tube rental service offers full-day rentals for rafts, tubes, and other equipment, as well as shuttle services and maps to help you plan your trip. They offer a wide range of equipment options to suit any size group or individual, from single-person tubes to multi-person rafts. This is a convenient and affordable way to experience the thrill of the Boise River. Whether you're a first-time rafter or a seasoned pro, rafting the Boise River is an unforgettable experience that you won't want to miss.You can find day rentals, shuttel services, and maps right here! https://boiseriverraftandtube.com/ Visit the Idaho Botanical Garden The Idaho Botanical Garden is a beautiful and serene oasis in the heart of Boise. It spans 15 acres and features a diverse collection of plants and gardens, including native Idaho plants, roses, and an herb garden. Visitors can enjoy strolling through the garden's paths, which include a meditation garden, a children's adventure garden, and a stream garden. One of the garden's main attractions is the Lewis and Clark Native Plant Garden, which showcases over 150 species of plants that the famous explorers documented during their journey through Idaho. The garden also hosts a variety of events throughout the year, including plant sales, concerts, and educational programs for children and adults. The garden is open daily from 9:00 am to 7:00 pm during the summer months and 9:00 am to 5:00 pm during the winter months. The garden is located at 2355 Old Penitentiary Road in Boise, Idaho, and free parking is available on-site. For more information, visit their website at idahobotanicalgarden.org or call them at (208) 343-8649. Go on a bike ride on the Boise River Greenbelt The Boise Greenbelt is a scenic and popular 25-mile trail that follows the Boise River through the heart of the city. It's a favorite destination for locals and visitors alike, offering stunning views of the river, foothills, and surrounding natural landscapes. Along the trail, you'll find a variety of parks, playgrounds, and picnic areas, making it an ideal spot for a day out with family or friends. The Greenbelt is also a popular destination for cyclists, joggers, and walkers, with plenty of paved pathways and off-road trails to explore. One of the highlights of the Greenbelt is the opportunity to spot local wildlife, including birds, fish, and other small animals. During the summer months, you can even cool off in the river at one of the many swimming holes along the trail. There are also plenty of places to stop for a bite to eat or a refreshing drink, with numerous cafes, restaurants, and bars located near the trail. The Boise Greenbelt is open year-round and is accessible to people of all ages and fitness levels. So, whether you're looking for a leisurely stroll or an intense workout, the Boise Greenbelt is a fun-filled destination that offers something for everyone.For more information please visit City of Boise website:https://www.cityofboise.org/departments/parks-and-recreation/parks/boise-greenbelt/For a Free download map of the Greenbelt click here:https://www.cityofboise.org/media/6659/2022-greenbelt-map.pdf Visit the Old Idaho Penitentiary Visiting the Old Penitentiary in Boise, Idaho, is a thrilling experience that takes you back in time to a darker era of American history. The prison was in operation from 1872 to 1973 and housed some of the country's most notorious criminals, including bank robbers, murderers, and bootleggers. Today, visitors can tour the prison and explore the cells, gallows, and other sites where some of these infamous inmates spent their days. The prison also hosts a variety of educational programs and events, including ghost tours and historical reenactments, which provide a fascinating insight into life behind bars. The prison is open to visitors year-round, with hours varying depending on the season. During the summer months, the prison is open daily from 10:00 am to 5:00 pm, while in the winter months, the prison is open Thursday through Sunday from 12:00 pm to 5:00 pm. Admission is $8 for adults, $6 for seniors and military personnel, and $4 for children aged 6-12. Children under the age of 6 are admitted for free. The prison is located at 2445 Old Penitentiary Road in Boise, Idaho, and free parking is available on-site. For more information, including tour schedules and special events, visit their website at history.idaho.gov/old-penitentiary or call them at (208) 334-2844.In conclusion, Boise, Idaho, is a fantastic destination for families with kids. With plenty of outdoor activities, educational opportunities, and fun attractions, there's something for everyone in this beautiful city. So, pack your bags, bring the kids, and get ready for an adventure-filled vacation in Boise!
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